Why I'm building cash this quarter
I'm adding £25,000 to my cash reserves by the end of December. I'm not selling in a panic.
Why now:
• US stocks are near record highs, so there's less room for error
• Oil is above $100 and the US 10-year yield is around 5.3%, so another Fed rate rise is possible
• Big tech reports in the next few weeks, and expectations are high
Cash isn't me predicting a crash. It's having options if one comes.
My own approach, not advice. Capital at risk.
