I'm torn between hold and sell for a number of my stocks which I know will take severe beating in case of 2.0 version of the financial crisis. So I decided to sell the most obvious ones: The ETFs with dividend strategy. These funds had a significant exposure on banking sector and companies in cyclical business.
As the result my cash (euro) position is now at 15% of portfolio. Not a happy position knowing that inflation eats that away all the time and euro is in decline. I now have to find a suitable parking space for that cash as I'm pretty sure I won't be increasing my stock positions for a while.
Last week I also increased my gold position which is now my largest single position.
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