Email of the day on holding cash
Comment of the Day

December 19 2022

Commentary by Eoin Treacy

Email of the day on holding cash

Good morning, Eoin I would welcome your perspective if I may. I have been long only forever, 40 years and counting. In view of the current global challenges, I am thinking of taking the remaining 60% (40% currently in cash or cash equivalents) off the table and holding all in cash for the time being. I would welcome any observations you may have. I look forward to hearing from you.

Eoin Treacy's view

Thank you for this important question which may be of interest to the Collective. The biggest argument for remaining long forever is the market always comes back…eventually. Being an investor requires an optimistic mindset. That means there is always a risk of selling too late. There is also the risk that the sectors which lead a recovery are not those you currently own.

Click HERE to subscribe to Fuller Treacy Money Back to top