I’ve been browsing this sub for posts on taking profits and all of them talk about if the investment thesis has changed or why aren’t you doing covered calls instead…
What I would like to ask is that if I’m over indexed on tech and it’s doing well, it still won’t be called a diversified portfolio. So how would you rate a strategy where I take profits from an Nvidia or Meta and reinvest it in SPY or an all world ETF. I’m thinking that way I’ve reduced the risk for myself but also haven’t liquidated the positions entirely. Especially keen to hear – Has anyone else used this strategy? How has it worked for you?
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