Nobody can tell you if you made a mistake or not, all you can get here or anywhere else are opinions, and only the future will tell if you have been right or wrong. TSX is very resource heavy, however you didn't mention what types of equities you sold?
Having said that I expect a severe market correction anytime now and I've sold some of my positions anticipating that. I'll be buying them back if the market corrects more than 20%, if not at least I sold for a decent profit.
__________________
No debt
|