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How to Go to Cash
by Charles Lewis Sizemore, CFA, Contributing Writer, Kiplinger.com
Mar 06, 2020
4 minutes
A lot of investors are justifiably nervous. And as a result, many are thinking about how to go to cash following the quickest correction from all-time highs in the history of the stock market.
Selling some of your stocks and having a higher percentage of your portfolio in cash might end up being a fine idea, depending on what happens next in the markets. But as a general rule, it doesn't pay to make sweeping portfolio changes, as there often are tax considerations and potential opportunity costs.
That doesn't mean you have to sit on your hands and do nothing. In fact, a nasty stock correction can be a good opportunity to give your portfolio a critical
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