Posts Tagged ‘Its May – Go away’

100% long – May / Go Away Portfolio

Monday, August 22nd, 2011

August 26. 2011 will mark one year since my first post

” A Message to my Family, Friends and Former Business Associates “

After re-reading that first post, I am more than happy to confirm that I am still a top down, ETF-ing market timer.

I define my constituency as 401Kers who have been re-structured out of a job, and who are converting their 401K to a self directed IRA without really appreciating the complexity of putting together portfolios of ETFs that can be tweaked to prosper under varying market conditions. Such people are invited to copy my portfolio selections and timing actions investing with their current borker.

I aim to change my portfolio no more than twice each year and any help I give is no fee – pro bono – in the belief that by helping you I am helping our economy via your wealth effect.

I don’t give investment advice because I am not licenced to do so.  I don’t want a licence because I dislike giving advice. I am very much aware of my academic and career qualifications and know that I am good at timing and making ETF selections. That’s all the licence I need to invest my own money with confidence.

I consider myself an investor and I truly believe the definition of  investing is managing risk. My minimum annual goal is a return
3 times the yield of the 10 year treasury note on trhe day I invest my money. Today that would be 6.3% . In an uptrending market I aim for the historical rate for stocks, 10% plus 3% to offset inflation.

I don’t swing a heavy bat. I am far more interested in on base percentage.

I get rewarded for my work directly by the market, by third party applause and by the sheer joy of getting it right.

I got it VERY RIGHT when I exited this market on May 13, 2011 with a profit of 11.6% for the previous 12 months. See that post. This was 2 weeks after the market high was set on April 29, 2011.

The major market benchmarks Dow Jones Industrials and S&P 500 are down approximately 15% since May 1. I re-entered the
market May 28 with a ” Go Away “portfolio designed for dividends and interest and to be a beacon for investors caught in a storm such as we are enduring at present.

This May 28 Go Away Portfolio is just about neutral after these 2 plus tumultous months. It has withstood the current downdraft, and is just ticking along earning dividends and interest.

So, I am sleeping nights. As always, I invite you to contact me if you are curious enough to see what my portfolio looks like… And why it looks the way it does. Place your trades through your broker and then just stay plugged in to me.

Richard  Maurice Gore aka RMG, Dick Gore etc