below is just my thought process (and what I will do). It's not a call to action.
Initially, I thought that this is just a simple discussion topics to stimulate our mind.
As I read thru, I sense that something is not correct. I read all valuebuddies posts and OP does not seems to be the one who would asked this type of question - unless he really wanted some clarity.
To address his immediate question, I'm (almost) fully vested.
Being a valuebuddies, I practice Time in the market and hence seldom keep any spare cash around. 100% of my spare cash would be going into stocks/ideas with reasonably good MOS.
At current situation, if you're not able to find stocks/ideas with reasonably good MOS, then something is wrong with you being a valuebuddy.
Having says that, just wanted to fill in the blank that although I don't keep cash, I had a reasonable pool of liquid assets that could be mobilise rather quickly plus having a constant stream of regular incomes.
To answer OP immediate question, I'm 100% vested.
With this out of the way, I wanted to say something about why OP raise this question.
And, after some thinking, I'm actually very glad that he raise this question now.
OP could ask when the stock market dropped further and further. By then the same question is asked but the response and urgency to take action might be different.
What come in to my mind immediately is one of my mantra - sell to sleeping point.
Let me take a step back. To me, investing and investment journey is nothing but a game. It's my interest and it keep me entertained. The value I gotten from my investment journey could not be measured by $$$.
So, one of my early learning which turned up to be my mantra that saved a lot of sleepless night is: when ever I had doubt, I could sense that I'm having trouble (eg. in sleeping or resting), then I just sell my lousy stocks to my sleeping point. I seldom sell my good stocks.
With OP asking the question, I'm not exactly sure why, but my mantra shout at my face - loud and clear - sell to your sleeping point.
Enjoy: A global recession is coming-what are you going to do?
Credit:
https://www.wealthacademyglobal.com/5-co...ke-part-1/
Gratitude!