I've been on cash since very early this year. In fact, I've cut wrongly on some stocks that rallied back, but it's ok. The global environment is not steady with tariffs and trade war being mentioned all-around. And considering we haven't heard these words in a long time, it appears we might be going on a negative if not very volatile ride.
If you're not comfortable sitting in cash, some of Preferred stocks paying out 5 - 8% per year are getting attractive.
To put money where my mouth is, this is my current port:
And 40% still in cash.
Don't also disregard buying the index (FMETF) when it becomes attractive. To me, 7000 PSEi is a buy.
I will list down target prices of other "dependables" within the next two weeks.
Good luck.
