I've been following Mebane Faber's timing model for awhile now. It's simple, and if you were following it, it kept you out of the market during the crash. Here are July's allocations:
- U.S. stocks: 20% [S&P 500 Total Return index has crossed above its 10-month moving average]
- International stocks (EAFE): 20%
- Cash: 60%
The model is still out of Treasuries, commodities and REITS. I'm using the GSCI for commodities and the NAREIT US Total Return index for REITs.
No comments:
Post a Comment