Switching away from risky assets

Last two weeks the global index compared to USD cash has signalled to leave the stock market. Consequently roughly half my portfolio is now positioned in bond and cash, according to my described strategy.

This is the first time since I documented the strategy it signals to leave the stock market.

Faced with the decisions on what to sell and buy, I have made some (minor) strategy changes:

1. The test to be in or out of stock market will be applied to the entire portfolio, not only the momentum portfolio as earlier documented.

2. For my Avanza accounts I will not only select the SE Bond ETF, but also among mutual fonds, should they show favourable performance figures.

The strategy document is updated to reflect the above.




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