Market smells awful. But I think I will take a contrarian view and add a couple (that is, double) of points to my expected annual return. Also, adding two points to risk. But, risk is a wonderful thing. It actually means the standard deviation in both the positive and negative directions. We all can guess which way we want it to go
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Still, a very conservative allocation. Why am I getting back in May? Because, it could be a 2009 Summer and because my expected return was less then miniscule. But, then again, my new return is tiny.
G: 42%
F: 0%
C: 36%
S: 10%
I: 12%
Expected Return: 4%
Expected Risk: 6%
I wish I had my 'The Lies About Money' book handy. I could have matched my mood to one of the forty allocations. All in all though, I think having 42% ready to invest in a summer swoon is good enough. And, having 58% working in the market if it doesn't swoon is good enough.
I just hate buying on good days though. Yuk. But, if not now, when??? If I keep sticking with overly conservative allocations I'll have to rename my OTL team to "Three Angry Inches". Me, Amoeba, and
who else volunteers.
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