Market Close August 31, 2013 – – Hold Tight

August 31, 2013

VTI closed out August at $84.77, putting it 5.79% above it’s 200 day moving average.  At the close of July, VTI was 11.4% above it’s 200 day moving average and I invested an additional 25% of my liquid market assets over the first days of August. 

“VTI”  is the Vanguard Total Stock Market ETF covering the entire USA stock market which includes a basket of 2,000 plus stocks .  Minimum investment is one share for $84.77 plus a brokerage commission of +/- $7.00 ?  Can diversification get any less expensive ?  I don’t believe so. 

My next move, ….  25% in,  or 100%  out,…..   is after the close September 30, 2013.

If in, my 25% will be invested as follows:

VTI      45%,   /   SPY    20%,  /   QQEW    20%,  /   VB   15% , purchasing as many shares of each ETF as possible with each allocation.

If out,  my 100% will be put in what I consider to be relatively safe liquid assets pending the next month end that VTI closes above its 200 day moving average, which, to me, is the equivalent of ” surfs up ” , “risk on ” or whatever you want to call it.

Let the countdown to September 30 begin.

In doing all of this I am ignoring ” Play till May ” …” Oh Oh,  its that dangerous time of year, September / October ” ,  and all the noise relating to  “tampering”.  I am not ignoring the fact that short term interest rates remain very low.

 

Richard Maurice Gore

 

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