People seem to think I’m dumb for trimming positions and building up my cash reserve.
My logic is simple:
1. My entire 401k is in the S&P 500 and stays untouched until I’m 60.
2. Trump is a sporadic president. He says and does things that tank markets on the regular…which keeps presenting incredible buying opportunities at extremely low prices.
3. AI is accelerating faster than the average human mind can truly comprehend. In my eyes the next year will be the most incredible, but also the most volatile and uncertain year in human history.
That’s why I’m holding more cash and selling options every chance I get.
Doesn’t mean I stopped building positions in my long term picks. I just do it differently now…getting assigned shares through CSPs.
You don’t have to agree with my method.
I’m not here to convince anyone.
This is my money and my strategy to weather the next few years. My goals are not your goals.
I’m in wealth preservation mode.
I already hit my goal net worth.
I’m done chasing more and more.
Family time and less stress is all I care about.