Portfolio on 11.8.19

That’s what I get for saying a new high was on the horizon. Down 0.8% for the week. Stock Volatility is quite low, and bonds are not, which is why the Portfolio keeps moving more into socks over the last few weeks. Sometimes this pattern doesn’t end well for stocks (Jan 2018, Oct 2018), but even so, it can go on for quite a while before there is any trouble. On November 8th, 2019, the portfolio rebalanced to:

72% SPY , 20% TLT , 8% GLD

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