This week has been nothing but tumultuous. The past few days market drop send worrying reminder on what happened in this year March. People who time it well that time or yield play has a record recovery while those who left and never seen again have only regrets. This time round is likely due to re-resurgence of Covid 2nd Wave in EU and US Stimulus Talk held up prior to US Election. The Market has been in the mode where sell down happens very quickly while the climb back up is over a long period of time. Therefore it seems that is usually good that we have opportunity funds or so called War Chest when such event happens. Alternatively, what I do is to reduce my holdings on non-core stakes this week regardless of profit/losses so that I could re-deploy them later. Cash is King as said. I would think about 30% of Non-Fixed portfolio probably....