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Yep starting to get worried here. Spent the weekend reading and looking at charts. I’m a long term ‘buy and hold’ 27 years buy and hold but with some trend index in and out. Country and thematic Index ETF’s. Went 25% cash in July 2021, yes missed a bit, but now 40% cash after some selling in Friday. I can’t afford ‘to loose what I got’ with living expenses and Ms.GG wanting to build a house.
Yes so far not a large drop in the big picture. Portfolio is only down 3% over the past 3-4 months. Portfolio has a Beta of about 0.7 but if markets tank 20% I can’t afford it (I’m retired).
Learnt about options ( and traded and did well) the last 10 months so considering buying ASX200 March/April puts at 6900 to reduce the pain if it happens.
Buying insurance tomorrow.
Gunnerguy

[QUOTE="Gunnerguy, post: 1157179, member: 36813"] Yep starting to get worried here. Spent the weekend reading and looking at charts. I’m a long term ‘buy and hold’ 27 years buy and hold but with some trend index in and out. Country and thematic Index ETF’s. Went 25% cash in July 2021, yes missed a bit, but now 40% cash after some selling in Friday. I can’t afford ‘to loose what I got’ with living expenses and Ms.GG wanting to build a house. Yes so far not a large drop in the big picture. Portfolio is only down 3% over the past 3-4 months. Portfolio has a Beta of about 0.7 but if markets tank 20% I can’t afford it (I’m retired). Learnt about options ( and traded and did well) the last 10 months so considering buying ASX200 March/April puts at 6900 to reduce the pain if it happens. Buying insurance tomorrow. Gunnerguy [/QUOTE]

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