Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now.
I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss.
Does anybody else have similar cash positions right now?
I'm thinking next month the market could sell off 50 to 70% from here and I can pick up some deals on MSFT GOOGL NVDA and stuff.
Jeremy Grantham says we're headed for sp500 2500 most likely.
I don't regret having 30%. Should I up to 50% cash? 70%?
Anyone else heavy in cash?
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