I want to preface this with saying I am not asking if there will be a recession because I recognize that this is impossible to answer. I am asking if I feel there will be a recession, what should I do with the stock I own?
I recognize this answer might be different for different kind of stocks, so I am specifically asking for mutual funds/ETFs that basically follow the health of the US stock market that I know for certain would be negatively affected by a recession.
I am usually inclined to ignore day-to-day movements of lets say, FXAIX as I don't follow it stringently enough to accurately day trade because I just dollar cost average each month (buying the same value of stock, taking advantage of buying more partial shares if the price drops).
This approach doesn't involve selling really, so I don't normally sell shares. My question is: is this a bad idea? If I anticipate a recession, should I sell the stock I have and then wait for everything to bottom out and then resume dollar-cost-averaging? Or should I just proceed as normal?