I'm Selling Stocks, Moving to Cash; Should You?

I will continue to hold a handful of speculative positions for the long-term, particularly Facebook(FB) , Pandora(P) and, if Mark Pincus steps up sometime soon, Zynga(ZNGA) .

My approach does not apply in every situation. And, even if we share circumstances, you might opt to go in a completely different direction.

I do think, however, that my experience warrants consideration from several standpoints. I end with a series of brainstormed questions that sum up a main perspective to consider:

Should you direct all of your cash towards getting rich? Or are you better served trimming risk, potentially at the expense of profit, and using your cash to reach realistic goals and objectives within a reasonable time frame? Can considerable cash flow decrease the emphasis on investing, making savings the primary strategy in the near-term and, quite possibly, the long-term?

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At the time of publication, the author was long FB, MSFT, RCI, P and ZNGA.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.