Up until mid last week I was 10% Foreign Developed (EFA), 6% US Large Cap through the ETF CEFS, 45% high yield bond (closed end funds), the rest cash with 5% preferreds.
As of Monday I’m 6% US Large Cap through the ETF CEFS, 45% high yield bond (closed end funds), the rest cash with 5% preferreds. I’ll have none of this “it’ll bounce back eventually” while the Zipperhead in Chief is playing Zeus. The timing dashboard is solid red, about to go deep red ala '22, March '20, etc. I’m on the sidelines.
2 Likes