Surprising Asset Allocation Results That Really Aren't Surprising [View article]
Since any adviser would be very happy with 80% of his trades profitable, I invest in broad index ETF's in the various categories and am very happy with a return that is consistently better than 67% of all actively managed funds. I might spend two hours a week on my approach. A successful adviser have to spend at least thirty hours per week to be successful and he will have to endure many good and bad years.
The recent drop in the VIX to below 15 is about the 5th time at that level in the last 2 years, notes MarketTech, and the other instances have indeed coincided with market tops. The pullback in the S&P 500 on the other 4 occasions tended to last for about 2 months and range from 6-19%. [View news story]
In spite of the recent run, I believe a correction is due. The long term outlook is very foggy with the lack of confidence caused by Washington's lack of direction. Support for my position is growing. I also have been wrong before.
Surprising Asset Allocation Results That Really Aren't Surprising [View article]
The recent drop in the VIX to below 15 is about the 5th time at that level in the last 2 years, notes MarketTech, and the other instances have indeed coincided with market tops. The pullback in the S&P 500 on the other 4 occasions tended to last for about 2 months and range from 6-19%. [View news story]