Joseph Greenwood @Ukjoehk: "Last week I closed 10%..."

United Kingdom

Last week I closed 10% of my stocks and put the cash into $IB01.L (iShares $ Treasury Bond 0-1yr UCITS ETF) . For anyone not aware of this, it's a bonds ETF which rises about 4% per year, extremely consistently, on a daily basis, following the movement of US government bonds. Its consistency of movement makes it perfect to utilise as a "cash" portion because there is almost no downside risk. Now that the US Iran conflict has returned to uncertainty (meaning more bargains may emerge for the US stocks on my ticker if we fall further), I may need to partially close this ETF taking a whopping 0.03% profit. That would only be if we re-enter buy conditions according to my strategy, and some stocks emerge as good value opportunities. However, this is unlikely to be a significant investment since my valuation criteria is currently set to be very conservative, meaning I'll only buy stocks at what I regard as exceptional value. This is because we're already 90% invested in stocks so I have to be more conservative to avoid overextending and having no cash in a further drop. It will be interesting to see what happens at market open. I love the volatility as it gives me opportunities. Good luck all, Joe $NSDQ100 , $SPX500

Not investment advice. The author may have financial interests in the mentioned instruments.

3 Mentioned

IB01.L

iShares $ Treasury Bond 0-1yr UCITS ETF

NSDQ100

NASDAQ100 Index (Non Expiry)

SPX500

SPX500 Index (Non Expiry)

Strictly Necessary Cookies

Performance Cookies

Functional Cookies

Targeting Cookies