Last year, I detailed out my personal investments in the report How My Portfolio Is Positioned Right Now. It turned out to be one of our most popular articles over the past few years.
In it, I mentioned that I'll do my best to update our subscribers when I make a material change to my portfolio allocation.
Well, I just did.
Before I share more, please review our standard big fat disclaimer, which very much applies here:
Let me make a few things absolutely clear. This is NOT personal financial advice. The investment choices I've made are based on my own unique situation, financial goals and risk tolerance. And I may change these choices at any moment given new market developments. What's appropriate for me may not be for you, so DO NOT blindly duplicate what I'm doing.
As always, we recommend working with a professional financial adviser to build an investment plan customized to your own needs and objectives. (If you do not have a financial adviser or do not feel comfortable with your current adviser's expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed adviser)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good…
So, with that out of the way, I'll share the news: I've just increased my market short position by roughly 33%.
As a refresher, positioning yourself "short" means you're betting on a future decline in prices.
I'll explain why I made this decision in just a moment. But, first let me provide a little context.
Up to this point, I've largely spent the past few years holding and building cash.