Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I’ve been chopping back my portfolio. I’m really bearish of the market right now. Even when I see a stock I want to buy, I’m holding off. I’m about 50% in cash. That is extremely rare for me to be that “out of the market.” So what am I holding?
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Comments
wildrides
zZZZZzzzzZZZZZZZzzzzZZZZzzzZZZzzzzZZZzzzZZZzzzzzZZZZ……. cough , splutter
Sorry about that , dozed off at the bit where you said TSB ….never mind .
Take a cold shower man , slap yourself round the chops , pull yourself together and start acting like a contrarian investor .
A bucket full of depressed resource stocks …. thats what you need . Not forgetting about 2 million QPP.
Malcolm Stacey
Get out of cash right now, is my advice Clemmers. Hate to pontificate to an old campaigner like yourself, but that’s what I feel. As for TSB and their policy of not speculating much in the wider market, well it’s not on my list.