Good morning!
I like to check in every so often to run my investment strategy up the flagpole and get critiques. Here's a summation:
I've always struggled between a set it and relance it strategy using 5-7 index funds vs. doing that with a chunk, then picking a diversified self-chosen collection to supplement. That is what I'm doing now. I do NOT measure the exact performance of my portfolio mostly due to laziness, honestly, but I know that I am more or less in line with a 60/40 approach.
I've also decided to use tactical asset allocation, at least on the stock portion of my index funds, because A.) Historically TAA has resulted in a MUCH lower drawdown while providing close to the same return, often higher, but rarely too much lower. B.) TAA has gotten clobbered since roughly 2009 due to the fact that we've been in a secular bull market and generally B&H beats timing models when we're in a strong bull market. Hence, my voice is nagging me that TAA's time has "come round". My technique is to sell the asset to cash when the moving average of the asset falls below the 200 day exponential moving average. I check and do the trade monthly, last trading day of month.
Here's my portfolio: Target is 40% stock (25% US / 15% INT, and the INT is both large & emerging market, like 50/50) 40% bond (including some preferreds CEF's and Lending Club / Prosper, then 20% alternative. My alternative is overweight right now and I will be moving some from there to stock soon. Here's what it looks like. I'd love some feedback. Again, part of me wants to just pick a nice diversified index portfolio and be done with it, and that's where about 65% of my funds are, but I like to dabble a bit and usually do OK. (bitcoin, 2200% return, ROKU, 150% return, etc.)
US BONDS / INCOME (40%, 35% US, 5% emerging markets)
Vanguard Total Bond VBMFX
Vanguard GNMA VFIIX
Vanguard ST invst grade VFSUX
iShares US Preferred Stock* PFF
Pimco Floating Rate PFN
Pimco Dynamic credit PCI
Nuveen Pfd & Inc Fund JPS
Farmland Partners PFD FPIPRB
Oxford Lane Capital OXLC
Sachem (HML) SACH
Peer to Peer lending LC/PSPR
Vanguard Tips VTIPX
FOREIGN BONDS / INCOME
Emerging Markets Bonds EMB
Stock (40%) (70% of my stock holdings are in Vanguard total stock market, and small cap value, then the rest are fairly evenly distributed)
US STOCK
Vanguard Total Stock Market VTSMX
Roku ROKU
ATT T
Dividend & Income Fund DNI
Vanguard Energy Fund VGENX
U.S. Small Cap
Vanguard Small Cap Value VISVX
Rite Aid RAD
Royce Value Trust (SCV) RVT (in cash right now due to signal)
INTERNATIONAL STOCK
Int Lg Cap
Vanguard International Stock VGTSX
Emerging Market
Greek 20 GREK
Vanguard Emerging MKT VEIEX
Russian Small Cap ETF RSXJ
Alternative (majority of "alternatives" is 7% REIT & 7% Private equity/BDCs, then 3% PM)
GDX Gold Miners GDX
PM (physical G&S) ***
Saratoga Investment SAR
Powershares Private Equity PSP
McQuarrie Infrastructure MIC
Apollo Investment Group BDC AINV
MLPA MLPA
Aries Capital (Private Equity) ARCC
REIT mREIT MORT
REIT US GLP
REIT US VNQ
REIT INT VNQI
iStar STAR
Washington Prime Group WPG
Commodities RJI (in cash due to signal)
Crypto (all 5 cryptos avail. at coinbase)
Wine & Collectibles (note: wine, crytpo and collectibles only account for .04% of my portfolio)
I like to check in every so often to run my investment strategy up the flagpole and get critiques. Here's a summation:
I've always struggled between a set it and relance it strategy using 5-7 index funds vs. doing that with a chunk, then picking a diversified self-chosen collection to supplement. That is what I'm doing now. I do NOT measure the exact performance of my portfolio mostly due to laziness, honestly, but I know that I am more or less in line with a 60/40 approach.
I've also decided to use tactical asset allocation, at least on the stock portion of my index funds, because A.) Historically TAA has resulted in a MUCH lower drawdown while providing close to the same return, often higher, but rarely too much lower. B.) TAA has gotten clobbered since roughly 2009 due to the fact that we've been in a secular bull market and generally B&H beats timing models when we're in a strong bull market. Hence, my voice is nagging me that TAA's time has "come round". My technique is to sell the asset to cash when the moving average of the asset falls below the 200 day exponential moving average. I check and do the trade monthly, last trading day of month.
Here's my portfolio: Target is 40% stock (25% US / 15% INT, and the INT is both large & emerging market, like 50/50) 40% bond (including some preferreds CEF's and Lending Club / Prosper, then 20% alternative. My alternative is overweight right now and I will be moving some from there to stock soon. Here's what it looks like. I'd love some feedback. Again, part of me wants to just pick a nice diversified index portfolio and be done with it, and that's where about 65% of my funds are, but I like to dabble a bit and usually do OK. (bitcoin, 2200% return, ROKU, 150% return, etc.)
US BONDS / INCOME (40%, 35% US, 5% emerging markets)
Vanguard Total Bond VBMFX
Vanguard GNMA VFIIX
Vanguard ST invst grade VFSUX
iShares US Preferred Stock* PFF
Pimco Floating Rate PFN
Pimco Dynamic credit PCI
Nuveen Pfd & Inc Fund JPS
Farmland Partners PFD FPIPRB
Oxford Lane Capital OXLC
Sachem (HML) SACH
Peer to Peer lending LC/PSPR
Vanguard Tips VTIPX
FOREIGN BONDS / INCOME
Emerging Markets Bonds EMB
Stock (40%) (70% of my stock holdings are in Vanguard total stock market, and small cap value, then the rest are fairly evenly distributed)
US STOCK
Vanguard Total Stock Market VTSMX
Roku ROKU
ATT T
Dividend & Income Fund DNI
Vanguard Energy Fund VGENX
U.S. Small Cap
Vanguard Small Cap Value VISVX
Rite Aid RAD
Royce Value Trust (SCV) RVT (in cash right now due to signal)
INTERNATIONAL STOCK
Int Lg Cap
Vanguard International Stock VGTSX
Emerging Market
Greek 20 GREK
Vanguard Emerging MKT VEIEX
Russian Small Cap ETF RSXJ
Alternative (majority of "alternatives" is 7% REIT & 7% Private equity/BDCs, then 3% PM)
GDX Gold Miners GDX
PM (physical G&S) ***
Saratoga Investment SAR
Powershares Private Equity PSP
McQuarrie Infrastructure MIC
Apollo Investment Group BDC AINV
MLPA MLPA
Aries Capital (Private Equity) ARCC
REIT mREIT MORT
REIT US GLP
REIT US VNQ
REIT INT VNQI
iStar STAR
Washington Prime Group WPG
Commodities RJI (in cash due to signal)
Crypto (all 5 cryptos avail. at coinbase)
Wine & Collectibles (note: wine, crytpo and collectibles only account for .04% of my portfolio)
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