Hey,
Two weeks back I allocated significant portions of my portfolio from equities to US bonds. Namely to an etf that follows the iShares $ Treasury Bond 20+yr index. My target return for the rest of the year with this investment was 5%, which it has since grown (accounting for the USD appreciation in relation to the EURO).
More experienced investors: would you exit the position already since you already reached the target return for the rest of the year?
On the other hand I really don't like holding cash for extended periods of time and selling just for the sake of selling seems dumb. Alternatively not selling could be seen as greedy.
I am leaning toward not selling since the fundamentals of this reallocation have not changed and there's reason to believe that there is plenty of upside remaining.
What would you do?
Leave a Reply