There are no trades for March. Fundamentals remain the same. It has been interesting to watch the price of oil in recent weeks with ISIS still threatening the middle east and Russia continuing to fan the fire in Ukraine.
As well, Greece is playing a desperate game of poker with Germany threatening to default on its debt rather than continue the austerity measures that have wrecked its economy and sent the Greek unemployment rate to record levels. Germany, on the other hand, wants to get its billions back in bailout loans that were provided to Greece. There’s no easy way out here, Greece is simply too far in debt to be able to pay back its borrowings in any reasonable fashion. Some kind of haircut for investors in Greek bonds is on the way.
The Pro-Folio USA model evaluates its holdings on a monthly basis. There are no trades this month. As of the last trading day of February (27th), we have the following trade signals:
For existing investors:
You should have spent the month of February invested in the holdings above that are marked HOLD or BUY. You should be keeping the cash equivalent of the other 2 positions on the sideline, ready to invest when those segment signals turn positive.
For new investors:
If you are new to Pro-Folio USA this month, you should divide your portfolio into 5 equal parts, and invest an equal amount of money in each of the securities shown above, marked as “HOLD” or “BUY.” Because you didn’t invest in the “HOLD” components of the model at the time when the buy signal first turned positive, your return on these initial trades may not be reflective of the model’s typical expected returns.
Lately it seems there’s no end to political and financial uncertainty around the workd.
Fortunately for us, the Pro-Folio USA model lost less than 1% of value in 2008, the worst year in recent memory and the only year on record that Pro-Folio USA lost value. As shown in the 2014 performance numbers that I posted recently, the long term average growth of the model is north of 8% per year. We can continue to follow the model with confidence that our assets will be protected. Sleep well every night!
If you want to get the PDF booklet showing you how to implement the Pro-Folio USA trading model on your own, click here.
If you want to learn more about the Pro-Folio Global upgrade portfolio, click here.
We are heading into the month of March – hopefully spring is on the way for everyone who has had entirely too much winter this year!
Dear reader, thank you for your interest in Pro-Folio.