Should I switch from a moderate-risk portfolio to a cash-related investment?

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[READER QUESTION] 'Is it advisable to withdraw from a voluntary investment in a moderate-risk portfolio and invest in a cash-related investment? Is it advisable to sell a home property ... ?' brink_elke and Michael Haldane of GlobalLocal respond.

Is it advisable to withdraw from a voluntary investment in a moderate-risk portfolio, with a current value of less than R500 000, and invest in a cash-related investment? The money is used as additional income. The second question is whether it is advisable to sell a home property, invest the capital and rent a home?The answer is quite tricky as this depends on your current financial situation, age and risk appetite.

[It’s important] to understand that when you implement a conservative strategy, this will influence the performance of the investment as shown in the following graphs. With a conservative portfolio , it allows you to invest without taking huge risks with your money. For a more conservative portfolio, you’ll want a combination of 20% to 40% risky investments and 60% to 80% of safer investments .With regards to your second question, we are not aware of your financial situation, property status and investment objectives, thus the following is a suggestion based on the face value of the information provided in the question.

The principle of switching your portfolio to a more conservative approach is not wrong if you are drawing an income from this investment as mentioned. I would recommend waiting this bear market out before exiting your portfolio, as you will be locking in quite some losses on the equity component of your investment.

 

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