Skip to main content

Take a Little Money off the Table

By Rick Walter

It's been 11 days since I've made a post. I must have been in a writer's funk. Ha-Ha-ha. I posted, on 8/18/2009, the total returns for our model portfolios which are based on accepted investor risk profiles with each portfolio following set asset allocation percentages. With the markets steadily moving upwards, it has been easy to make adjustments to each portfolio, taking advantage of the markets climb while avoiding many other riskier assets.

I have been projecting a pull-back since last month but no such event has happened yet. However, if you look at the declining yield on the 30 year (long) treasury bond - 4.2833% a week ago to 4.2265% today, it would paint a different picture. What does declining treasury yields mean or suggest for the average investor? Well, it suggests that you should tread carefully because uncertainty is beginning to rear it ugly head, and with uncertainty comes volatility which is followed by market declines or unexplained market gyrations. It may be a good idea to take a little money off the table today.

I am still researching and looking for some good Asian ETF funds for a possible investment and recommendation. I have made a little progress on finding a few funds worthy of a look. The real issue seems to be whats inside (holdings) of the funds. I hope to posts something, as soon as I wade through all the fluff.

Comments

Popular posts from this blog

New ETF Posting

By UCS Investment Co. The new ETF posting on the AT-ETF Exchange is the PowerShares KBW Property & Casualty Insurance Portfolio (Fund) . The Symbol is KBWP . This is a relatively new fund which opened in December of last year. The Fund is up about 1% so far this year. We are not expecting a huge run up in price in the short-term on this fund but we are looking forward to steady gains in the share price of the fund as the economy improves.

Goodbye Mike

Before I get going today, lets take a moment to honor an American Idol, a Music Titan , and a Perfect Representation of the Gods of Music ; I would like to send my condolences and respect to the Jackson family for the sudden passing of Michael Jackson . I am profoundly saddened by his death. I was trying to ignore the whole event- news of his death . It seemed like some sort of bad dream at first. However, reality has set in this morning and have left me almost speechless. Goodbye Michael! You will always be missed! 6/26/2009 9:41 AM

ETF Update: Short and leveraged ETFs

The markets did well yesterday, up 379 points. Impressive breadth across the board. The Wall Street Journal has a great data center for Etfs . The ETF Gainers, Decliners and Most Actives data column is pretty good, its updated throughout the day and you do not need a subscription to get the information. Yesterday's big market day had ETF funds lit up with huge market moves especially in leveraged ETFs. ProShares funds had a huge day yesterday on the leveraged side. ProShares , if you are unfamiliar with this fund group, is one of the largest short and leveraged ETF family of funds in the world. Of course, many of their short funds were down but the leveraged funds (finally) did better. The Proshares Ultra Financials ( UYG ), 52 week % change - 92.61% and ProShares Ultra S&P 500 ( SSO ), 52 week % change -73.21% finally got a break and is up 4.23% and 2.03% respectively today. Now, I am not advocating that now is the time to buy into these two funds. I still think a wait and...