How to Go to Cash
A lot of investors are justifiably nervous. We're experiencing our first prolonged bear market since 2008 at a time when inflation is high, the Fed is getting more aggressive by the day and a potential recession could be looming. And as a result, some people are thinking about how to go to cash.
Selling some of your stocks and having a higher percentage of your portfolio in cash might end up being a fine idea, depending on what happens next in the markets. But as a general rule, it doesn't pay to make sweeping portfolio changes, as there often are tax considerations and potential opportunity costs.
That doesn't mean you have to sit on your hands and do nothing. In fact,
