JXI - Conservative Portfolios Of Funds For This Bear Market
Introduction
This article looks at the current investment environment, my Vanguard and Fidelity Target Portfolios, and a preliminary strategy for allocations as the economy and markets evolve.
Investment Model
If you took Charles Ellis' philosophy in Winning the Loser's Game that the best way for an individual investor to win is to not play the game, Benjamin Graham's guidance in the Intelligent Investor of never having less than 25% in stocks nor more than 75%, the methodology from James Picerno's Nowcasting The Business Cycle, and Cornehlsen, Carr, and Golden's Conquering the Divide, you