The Big Picture of the Model Portfolio.
Hi PCA Fans,
We started the model portfolio back in August and the markets have completely fallen apart since then.
Overall the model portfolio is only down about 24.9% because we had the cash cushion to help absorb the losses.
We have had a bunch of buy orders as the markets collapsed and I am very glad we are using ETFs instead of stocks.
3 of our positions are "out of cash" and I may decide to add some more if I could be convinced that we have actually seen the bottom.
We still have some buying power, and It may be a while before I deploy any more cash into the positions.
Only time will tell.
We would love to scoop up some real bargains and so I will try and keep some powder dry.
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AIM High!
