Nov 07
How are your investments doing?
Written by Nathan White, CFA
photo by species_snob
Where do you stand in this environment?
Are you overextended and unable to take advantage of the bear market or are you in a sound financial position? If you are in a sound financial position, regardless of the outcome of the current crisis (for bad or good) you will be on a stronger financial condition than most people.
Remember, the market can stay irrational longer than you can stay solvent. Don’t bet the farm - do it in increments.
During August and September of this year we increased our cash position in our conservative portfolio, Managed Income, and reduced the risk profile of our holdings in Paragon’s growth portfolio, Top Flight, by holding more defensive sectors such as Biotech and Healthcare.
Our short-term model is extremely bullish suggesting a possible strong trading rally while most of our long-term models still indicate to remain invested. Our intermediate models however are mixed with many flashing caution or moving in that direction. We monitor these on a constant basis and will act accordingly.
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