September was a volatile month with the markets whipping around seemingly everyday on oil, interest rates, the fed, or most likely just the fact that were are in year 6 of a bull market. The S&P 500 was down around 3% while the portfolio was in cash.
Regardless, the risk management aspect of our method kicked in last month and kept us completely out everything and the only change for September is the addition of 1/3 of the portfolio in VGIT, Intermediate Term Government Bonds. At some point, hopefully after a much larger drop there will be a great time to buy with a better risk reward picture. That time is not now. Here’s what the Portfolio looks like for September:
|Cash||61952.66||Change Month||$ Change Month||All Time|