Hi everyone! Indexes have been very volatile the last couple weeks, and I bought some more INTC after their drop following earnings. I doubled my number of shares at 47.73 and it’s now 7% of my total account value.
My current portfolio allocation is as follows. The high cash position is partially because I will be moving out soon and need money for rent. The other reason is I don’t like the valuation of many US equities, and haven’t spent time researching companies.
Cash: 39% (assuming QQQ swing trade wasn’t active)
Once everything stabilizes after I move out, I plan to deploy at least half of the cash, and will likely be buying INTC, BABA, and FB, unless some other opportunities arise.