With this sale, I have liquidated virtually my entire buy and hold portion (around 50% of my investments). On the one hand to free up some powder for less expensive courses, but mainly to shift most of it into more flexible strategies that can adapt better to changing market conditions. And, as a nice side effect, usually perform better. The aim is not to miss any further rises and still avoid drawdowns if one should occur soon. According to the theory at least đ«Ą
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