An Investing Idea Rut

I’ve hit a bit of an investing rut. Despite my portfolio performing well and my continued, steady investments, I’m sitting on too much cash. While part of this is intentional—taking advantage of a 5% risk-free return—I’m in my early 30s and won’t need to access this money for decades.

The idea of having significant capital to deploy during the next recession is appealing. However, it’s impractical to wait a decade for a potential 30% market drawdown, especially when that decade could see a 150% run-up.

The key is to stay open to new investing ideas. My portfolio is heavily tech-focused, a sector I’ve always found interesting. Yet, current tech stock valuations make it difficult to justify new positions.

So, what new ideas am I considering? Precious metals, cannabis, uranium, and more. To balance my tech-heavy portfolio, I’m looking at markets that have been beaten down and are trading at low valuations. This approach should help mitigate concerns about high valuations and an all-time high market.

If you’re in an investing rut, one of the best strategies is to explore new investment areas. Keep a high-level tracker, then zero in from there.