June 30, 2017 Allocation
Monthly Portfolio Update: The new tactical allocation for July will be: Large Cap Equity: 58% Small Cap Equity: 42% High Yield Debt: 0% Inv. Grade Debt: 0% Look for a re-cap of performance in July 3rd's post. The Equal portfolio: There are no changes to the equal portfolio. I will only rebalance when weightings get off by 5% or more (i.e. one of the asset classes has less than a 20% or more than a 30% weighting) or the cash balance hits $1000. The cash balance at month end is $197.27. The TA portfolio: The change from the previous month is a reduction in Small Cap Equity and an increase in Large Cap Equity. This makes the portfolio more defensive, however it is still 100% in equities and therefore very bullish. The size of the trade will be 1/12th of the total portfolio value ( market value of portfolio/12) plus any dividends received (there were no...