Late last month, I sold nearly $160,000 worth of stock-based mutual funds and turned it all into certificates of deposit. That move was the largest single sale of stock based investments I have ever authorized. By making that move, I completely turned the account that held those funds to 100% cash-based holdings.

No matter what the stock market does from now on, that money will be insulated from its movements. If stocks go up, I'll miss out, but if stocks go down, that money will still be sitting there, collecting its interest along the way. For that particular account, that was the right move to make -- and I'd happily do it again.

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