With market up so strongly this month and again today, my thoughts turn to trimming some positions to build cash and to ultimately move more money into more predictable stocks. We’ve seen a number of strong rallies since the early Summer of last year only to be followed by noticeable dips. Being over exposed to equities can be uncomfortable and cause regret over not trimming.
But I always find it hard to sell shares in companies that I like. When I have added to positions on dips it makes sense to maybe sell some of the recent lower priced purchases when they rally. TD Direct does not make that so easy becasue under activity it only shows less than 60 days of activity. I’d prefer it to show far more than that so I can see what I paid say 6 months ago. Of course it is possible to look that up on TD Direct under trade confirmations but it’s cumbersome.
If I had some funds in the likes of VEQT or VGRO it would be easier to trim since there is always less emotional and analytical attachment to an index than to an individual company.
Ideally, I would commit to 30 or 40% fixed income / cash and not get over exposed to equities. But then I see something I want to buy…
Today, I found nothing I was willing to part with so will keep with my very high equity exposure for now.