The final two asset classes; Commodities and Precious metals have now been backtested and added to the spreadsheet. I’ve added a column on the right for Averages, calculated on only a couple of metrics for now. Let’s take a look:
The averages are figured on all six asset classes presented. Remember as much an asset class as bonds are, in my humble opinion bonds are used to generate income and not trade. Therefore when the bonds are in bear mode we do not add or initiate new positions, just hold what we have. When in bull mode we can add to or initiate new.
The average return is about double what we’ve seen on the Fidelity Rotational; imprssive. The maximum draw downs are within reaso for this type of return, again, in my humble opinion.
Remaining: I still have to put together the annual returns overall and figure in a bond component as well. Progress!
Talking Points and Sadik-Khan New York’s streets? Not so mean any more:
The oracles at CNBC: good stock advice doesn’t come from TV (Guardian)
How to Make Money for Nothing Like Wall Street (Atlantic)
The Scholars Who Shill for Wall Street (The Nation)
The Highly Margined Bulls (Advisor Perspectives)
Most Americans accumulating debt faster than they’re saving for retirement (Washington Post)
Shutdown is the mother of all corporate excuses (NYP)
Why the 1% should pay tax at 80% (The Guardian)
Why the Government Never Gets Tech Right (NYT)
The not-so-crazy case for commodities stocks (MarketWatch)
Addicted to the Apocalypse (Paul Krugman)
IT’S OFFICIAL: Keynes Was Right (BI)
Eric Holder Finally Gets Tough on Banks (Bloomberg)
A Moot Effort to Burnish the Reputation of Goldman Sachs (Dealbook)
Patent Trolls Have A New Enemy (Slate)
10 Myths About Creativity (Inc.)
Wall Street Analyst Crams 700 Years Of Data Into 12 Charts ‘You Can’t Ignore’ (Business Insider)
Why Investors Love Pinterest So Much (Business Week)
Most of what you are going to do or say today is not essential (Farnam Street)
Where Sea Monsters Live (Barry Ritholtz)
Janette Sadik-Khan: New York’s streets? Not so mean any more
enjoy your weekend!