Going to cash is a really bad idea.
At some point the volatility that’s been roiling the stock market this year will culminate in a good old-fashioned market meltdown. But no one knowswhen that will happen. So you don’t want to do anything beforehand to protect yourself that may turn out to be ineffective or even hurt your portfolio’s performance in the long run. Here are three common strategies investors employ to insulate themselves from market setbacks that you should avoid.
Source: Don’t Rely on These 3 Flawed Strategies to Protect You From a Market Setback
My Comments: Pretty good information.