A couple of readers have asked me So what’s the cash position in Jubak Picks now?
Very good question to ask at a time when we’re all trying to manage risk in a volatile market.
So from here on out I’m going to calculate an approximate cash position (I won’t do all the nitty gritty to include things like the latest dividend payouts but the number should be reasonably close) after each buy and sell.
The latest action in the portfolio was the April 3, 2018 sell of Freeport McMoRan Copper & Gold. After that sale the cash position in the portfolio is 31.6%. That’s up from 27.2% at the end of December 2017.
