Last night Nick Radge appeared on Your Money Your Call with Julia Lee from Bell Direct. Nick mentioned that our main portfolio (the Growth Portfolio) is currently at 75% cash in reaction to the market trending down prior to the US election. We use defensive action when the market turns down and if, after the election, the market turns back up we will get back in. This is the strategy we advise our members to follow also.
You can listen to the podcast here.