Sell other non-performers unless you love them more than you like making a profit.
Raise some cash by selling some, but not all of your winners to deploy in future market declines.
Both education and immigration reform are essential to a better furure so advocate.
If political progress is not made in some fashion along these lines, we are left with a cautious investment strategy that is more heavily exposed to stocks in the next few years than in later years, when gold, commodities, and foreign stocks and residence may become more attractive for those lucky enough to have those opportunities.
For the time being, we strongly recommend DIA and IVV on any major downtrend.
Our current recommended core holdings, to be accumulated on weakness, are:
We now recommend a limited number of core holdings which can be purchased even in the face of a possible market decline. We continue to advocate a balanced and conservative portfolio approach, particularly given the current geopolitical environment. We are nonetheless still seeking to identify smaller, faster growing companies which might have great upside potential even in a stagnant U.S. market for the balance of this year. At present, discretion is in order, and patience must be measured in months or longer.