De-risking

Pat38493

saucer said:

cfw1994 said:

If you can’t emotionally weather a crash now, then drop a chunk of your funds into the MMF.  Sleep easier.

If markets drop 10%, buy back in with some of it.
If they drop another 10%, repeat.

🤷‍♂️

Now’s your chance…

Interesting point.  There's an argument that I should sell some of my MM fund in my provider to cash, so that I can immediately buy in to equities if they reach say 20% drawdown.  I have not actually handed my notice in at work yet but I've told them I'm probably going "some time this year".  If was the risk taking type I would probably move some of my cash into equities at 20% down and 30% down.  Risk is that the market carries on going down for 2 years.