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Changes in PowerFunds Portfolios as of 1/7/2016

lrwilliams
edited January 2016 in Fund Discussions
Hi Everyone,
I use Powerfunds Portfolios to guide my investing -- Aggressive Portfolio for IRAs (we're about 15 years from retirement) and Conservative Portfolio for college funds (needed in the next 1 to 6 years). I have found them to be quite prescient about what categories will do well going forward, though sometimes a bit early in switching. Last year, the Aggressive Portfolio had a gain of 3%. (Sadly for me, I didn't do as well, with -1.7%. The recommended double oil short DTO was too volatile for me and I passed on it, but it is up 100% over the last year). In 2008, the Aggressive Portfolio was down about -16%, not too bad. The portfolios change every 12 to 18 months.

New recommendations for the portfolios came out yesterday -- check them out at the link above. Basically, in the Aggressive Portfolio, they are recommending ~ 40% in long term bonds, a switch from growth to value, new investments in utilities and Italy, and some shorts in case of a total market meltdown.

lrwilliams


Comments

  • TedTed
    edited January 2016
    @Irwilliams: I didn't realize Jonas Max Ferris's website was still around ! He's married to Dagen McDowell who's mutual funds article as a Barron's writer I linked in the good old FundAlarm days. "Last year, the Aggressive Portfolio had a gain of 3%.", I'm not impressed.
    Regards,
    Ted
  • lrwilliams
    Well, +3% is a lot better than the average investor in 2015.
  • davidrmorandavidrmoran
    >> "Last year, the Aggressive Portfolio had a gain of 3%.", I'm not impressed.

    Especially given the contents --- did you look at those?
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