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Exit stock positions into cash, short most "unicorns" that are pure product of QE: Pinterest, PagerDuty, etc. Exchange some cash for BTC, in case the Fed won't
by cft 7y ago
Exit stock positions into cash, short most "unicorns" that are pure product of QE: Pinterest, PagerDuty, etc.
Exchange some cash for BTC, in case the Fed won't be able to contains inflation when the bottom falls out.
- crb002 7y agoAs someone who bought on the dip in 2008, 30% cash is the sweet spot. 20% buying into the dip. 10% to keep you from having any cash flow problems that make you sell off to stay above water.