day to sell...closed TECK, FQVLF positions. Pared SCHD, COWZ, VDIGX and VDADX. Sold small percentage of my PILBF to cover cost basis on the position. My crystal ball is flashing red. I see companies still able to raise prices keeping inflation pressures elevated. I don't trust the talking down of risk in the banking sector; it's not that simple. I think the FED will probably raise again in June, perfectly juxtaposed with the SJC ruling on student loans (which I believe will strike down Biden's plan)....bad for equities. Perfectly secure investments returning 5+% are plentiful. Is there room for equities to grow....maybe, but why take the chance? Relax and wait for the correction.....
If you work hard and have a skill set to match success and wealth is yours for the taking
