Following up on yesterday’s post, I decided to sell $NOW (-6 %). This wasn't because I believe it's a bad company, but simply because it doesn't fit the type of businesses I want to own in my portfolio.
With around €450 available to reinvest, I added €280 to my Core $FWRG (-2,75 %)
As for the remaining cash, I've decided to take a slightly different approach going forward. In my view, markets are looking quite stretched at the moment, so I plan to keep around 20% of every new investment contribution in cash.
This doesn't mean I'm turning bearish or trying to time the market. I still want the majority of my capital invested and working for me, and my DCA strategy remains fully intact. The goal is simply to build a cash position directly within my broker account, as my current cash balance is essentially zero.
Having some cash available will allow me to react quickly if a meaningful dip occurs or if I come across an attractive opportunity in either ETFs or individual stocks, without needing to transfer money from my bank account.
Another reason for this change is that next month my investment contributions will be significantly larger, as I'll be receiving my holiday allowance. Since I'll be investing roughly double my usual amount, I see this as a good opportunity to start building that cash reserve while continuing to increase my market exposure.
For now, my plan is simple: stay invested, keep averaging in, and gradually build a cash position so that I'm prepared when opportunities arise.
