Jan 1, 2020 Allocation
No Trades on Jan 1st. This is a very tough time for most investors. The markets feel over priced (they do to me as well) and so people want to make a change. The problem is that the markets can get much more over priced and so we wait for a signal that it is time to take risk down further. Right now the risk in the active portfolios is slightly lower than the equal portfolio and I believe this is a good place to remain until we start to see signs of stress. I apologize for the late posting, I was on vacation last week. I will post a year end performance review tomorrow. The Equal portfolio: No trades. The TA portfolio: No Trades. The Enhanced portfolio: No Trades. Current Allocation: Large Cap Equity (VONE): 67% Small Cap Equity (VTWO): 0% High Yield Debt (JNK): 0% Inv. Grade Debt (AGG): ...