Manish Jain, chief strategy officer and director - capital markets at Mirae Asset Capital Markets, stresses there is still a lot of near-term uncertainty, given the tariff overhang, geopolitical tensions and corporate earnings. While long-only equity investors may like to remain invested, Jain says he would like to hold a little more cash in his portfolio. Then, in volatile markets, opportunities would emerge, and you would have the cash to buy good stocks at decent prices.