The news was good for the Mexican tariffs. They were postponed for a month this morning.
Markets are still down, although not as far as they were earlier today.
Indicators are still falling so I am cutting stock
holdings.
I sold: SPY and SSO. My stock holdings were 75% of the
total portfolio. That’s far too high given the current uncertainty in the
markets. I’ll assess my QLD position tonight
– I need to do a portfolio check.
I am targeting cutting my stock holdings to 50% of the portfolio.
For a retiree, that’s a more comfortable position than “over-invested.”
