This week’s Sentiment Survey special question asked AAII members how, if at all, they have adjusted their stock investing strategies recently. Responses were very mixed. The largest group, 22% of all respondents, said that they have not made any change. Approximately 21% said that they’ve sold stocks and boosted their cash positions. Some of these respondents expressed concerns about the potential for a drop in stock prices or geopolitical turmoil. Nearly 11% are seeking yield, either via dividend-paying stocks or real estate investment trusts (REITs). Almost 9% favor value, while 6% expressed a preference for large-cap stocks.
Here’s a sampling of the responses:
- “No change. I don’t try to time the markets.”
- “I’m focusing more on yield. It’s the proverbial ‘bird in the hand.’”
- “Freeing up cash in anticipation of a pullback.”
- “Large cap to be more conservative.”
- “Value. It’s always a smart play.”
Want to weigh in? Take the survey yourself and see results online at http://www.aaii.com/sentimentsurvey.
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