Investors tend to hold cash for too long

Hi Billv

Following on from Tropo with regard to diversification.

How much exposure do you have to banks and resources for example?

You may well be taking more risk than you realise.

Cheers

I don't believe I am taking much risk.
IMO we already had the big correction and the market has already priced in any potential losses and the recession.
I know there could be some further falls but I am happy to keep accumulating stocks while they are still cheap.

I am curious to know what % of total assets other people still hold in cash?

I currently have approx 40% in cash with 55% in equities (heavily in resources), and about 5% in gold/fixed interest.