One, Five, and Ten Year Performance Comparisons

By on January 9, 2010

The SMA Portfolio’s partial allocation to fixed income during the decade has enabled favorable performance against the popular equity averages. The future may tell a different story. If the market continues its recent upward path with virtually non-existant corrections, implementing a timing strategy will be very frustrating.
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The SMA portfolio is currently positioned conservatively as it now appears the consensus believes a new bull market has begun. It is impossible to know how the market will perform from here, only that it is significantly less cheap than it was nine months ago.
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