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