Tactical Asset Allocation – November 2015

The growth and income portfolio has been steadily reduced and is on its way to extinction. I am simply no longer willing to invest the time required to properly manage a portfolio of stocks which is likely a result of other interests along with increasing confidence and interest in TAA. Results in the growth and income portfolio this year demonstrated that benign neglect, even with stocks which are earning their dividends, is not a viable strategy in this kind of market.

November 30 was Rebalance Day. I have switched our TAA investments to the Core Strategy after watching it successfully navigate the huge swings in August through October as well as the swings earlier in the year. The Core Strategy was specifically developed as an antidote to Fed induced volatility in both equity and fixed income markets. Development of the Core Strategy required and was made possible by completing a major upgrade to the Strategy Model software.