Saturday, August 20, 2011
Returns for week ending 8/19/11
Returns for the past week:
Model portfolio: -3.46%
Actual managed account: 0.0%
While the model portfolio moved to a 50% invested / 50% cash allocation on 8/1, I have moved my managed accounts to 100% cash until the return vs. risk profile is improved. This accounts for the difference between model (hypothetical) and actual returns.