Should I Cash Out My Stocks?

With the 2008 stock market plunge still fresh on ourmight think about scaling back positions gradually until
minds as investors, many individuals remember havingyou have access to the capital you need.
their portfolios drop upwards of 50%. As such, itIf your goal is simply to diversify out of stocks and
seems like many investors are terrified with regards tospread your risk out over various assets classes,
future black-swan events that might result in a majorconsider merely investing new capital into other areas
drop of one's portfolio and assets. Even though thewhile leaving your stock portfolio in tact. Other areas
market has rebounded significantly since the Marchmight be gold and precious metals, bonds, or real
2009 lows, many still wonder what the future mightestate.
bring. The question becomes should I cash out nowLastly, with regards to stocks, I would definitely
and sell my stocks or let them ride and risk furtherencourage and emphasis on dividend paying stocks
loss?since dividends are real returns and cash in your
This answer to whether or not you should cash outpocket. Dividends cushion potential losses and are
your stock portfolio will differ depending on youroften less volatile than the high-beta stocks.
personal situation and circumstances, but abandoningSince investing does include risk and the chance that
equities may or may not be something to consider.you might lose some money, you should run whatever
With that said, it's definitely not the best situation tostrategy you're considering by a financial expert or
completely unload your portfolio at a single time sinceplanner. Also, make sure your decisions are based on
timing the market is difficult to say the least. If yousound strategy and not emotion.
absolutely need the money in the near term, then you