with all the coverage of impending market crashes, what are you doing?

chiang_mai

I agree with both the op and also with many posters who say that a crash is always "comming" and not to over react. On balance, I think the risk currently is more to the downside than I am comfortable with, for that reason I have taken some profit and reduced some allocations. My allocations to Tech were always under control but my exposure to Financial Services was higher than it ought to be, so I have now taken some profit from key funds. Also, I invest globally so I've seen EM and Europe funds under pressure hence I've reduced allocations there, to a more comfortable level. In total, the adjustements amount to about 8% of my holdings, which always were at a fairly low level anyway. These actions take me to 48% equities, but given my advanced years, lower risk is my priority these days. My major concerns currently is the potential contagion from "cockroach" loans and secondly of course, the AI bubble.