However, by asset allocation I do diversify stock portfolios to within a minimum of eight different sectors. Without knowing your portfolio, it is nearly impossible to answer such a question. However, you would need to take into account such factors as, if you are overweighted in a particular security, if you are disillusioned in a particular security, or you simply scrape a little off the top of all your holdings. However those are just general ideas. You or someone has to study your portfolio in depth to make an accurate recommendation.
Most affected sectors are most likely to be the financial first, followed by technology sector.
However, I would estimate any reaction to be short term and not affect portfolio decisions. I also do not expect the fed to raise interest rates a third time this year in October. SavannahNOW would like to thank Lauren Rudd for this chat, and especially to those who contributed today.