August has been a pretty interesting month, had its ups and downs, but when it came right down to it, we make no trades this month, and just hold on to what we’ve got.
OK, here are the Big Charts for the end of August for the basic timing model:
As you can see, EFA and DBC are rather “iffy”. Since I’m not holding either one, and since they are borderline, I’ll wait and see what they do by end of the month. No change here.
Here are the charts for the rest of the ETFs that I track:
They all look like a “hold” to me… 😀
There are no changes in trading for USO or GLD, either.
This past month, since I’ve been laid up anyway, I’ve been listening to a lot of Meb Faber’s podcasts as well as reading his latest white papers. It’s his system that I’m following, with my own additions. He says that most of us have a “home country bias” when it comes to investing, and we should be invested 50% globally and 50% USA (if you reside in the US… this proportion would change according to the percentage of the global market your country represents). I’m not sure I’ll follow this exactly 100%, but I am keeping an eye on a couple of ETFs to expand my global exposure. (I already trade EFA and EEM). EMB (emerging market bonds) and VNQI (global real estate) seem to be pretty good bets. However, I’m in no hurry, and I’ll wait for them to dip below their 10 month Moving Averages and come back up again. Patience, folks!
I also still have my dividend stocks and REITs, and they continue to provide a nice income, so I’m holding on to those. MORL (which is global already), ARI, and O for REITs, and VZ, CAT, CVX, and POT for stocks. I started buying them at the end of last year/beginning of this year, and they’ve held up beautifully. So far, so good.
That’s all for this month, folks. Happy investing, everyone!