The End of the SMA Portfolio

By on March 17, 2020

via GIPHY

It’s hard to do this, but this brutal blitz krieg bear market has caused me to do a lot soul searching and I’ve decided to change course. The SMA Portfolio will no longer exist as originally intended. The Tactical Timing System in its current form is defunct.

This coronavirus bear has laid waste to my porfolio (and IRA). I made the mistake of investing too heavily in resources and commodities (especially energy) over the past decade. But rather than sell at what might be the bottom, I’ll retain most of the holdings, but any cash dividends received will be reinvested in index ETF funds that appear to represent value, or possibly an occasional stock pick.

Low cost indexing is the logical way to invest and the past 10 years has proved it to me in spades.

Any interesting findings or research will continue to be posted here sporadically, but there will be no more updates regarding the portfolio.

I’m too exhausted from watching the market the past couple weeks to explain any further, but possibly will in the future.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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