Mon 30 Apr 2012
Another month where most of the models have arrived at the same decisions but in different proportions. I did introduce a mechanism to choose between VTI and IWM, and all models but the Classic chose to switch into VTI for May and out of IWM. Other than that, it is notable that all models but Classic are also allocating some money to bonds (IEF). This is the first time this year that any models other than Timid (which always holds some bonds) have held bonds, meaning that the models are getting a bit defensive…but the 10 year Treasury is sitting near 1.9% at the moment, so unless we make new lows on the 10 year yield, there won’t be much to gain from this IEF position. Finally, I expect to change (or eliminate) the Composite measure soon. The fact that it currently takes a vote from the Timid portfolio skews it too defensively.
| May 2012 | Timid | Vanilla | Smooth | Classic | Plus | Full Tilt | Composite |
| IEF | 44 | 25 | 17.5 | 32 | 35 | 26.9 | |
| IWM | 50 | 0.0 | |||||
| VTI | 38 | 50 | 50 | 54 | 100 | 46.5 | |
| EFA | 0.0 | ||||||
| VWO | 0.0 | ||||||
| DBC | 0.0 | ||||||
| VNQ | 18 | 25 | 32.5 | 50 | 26 | 65 | 26.6 |
| GLD | 0.0 | ||||||
| Cash | 0.0 | ||||||
| Total | 100 | 100 | 100 | 100 | 112 | 200 | 100.0 |