RE:RE:Wholesale and Retail trade jobs Hi Savy. Before covid there was an acronym called Tina which implied that "there is no alternative" and we should buy stocks and ignore other asset classes because they are even worse. Today, there is an alternative to stocks in a higher interest rate environment. Just to put things into perspective, the yield on a t-bill is higher than the earnings yield on the S&P 500.
A healthy portfolio is a blend of equities,bonds, precious metals, real estate etc. Deciding how much we put into these is very strategic and depends on the individual and their risk tolerance. I don't suggest to sell all your stocks and be in cash. However, it may not be a bad idea to increase your cash position throughout 2024 to take advantage of potential weakness that may occur. You can get a decent return on t-bills with no duration or credit risk. If opportunities arise, you let your t-bills mature which is 1 year or less and you go back to Tina.