Time for the IVY timing portfolio trading signals for the end of April 2013.
You can see the signals at world beta or my preferred source dshort. Below are the signals for the end of April 2013. Another source I’ve found for IVY updates is Scott’s Investments. He updates a spreadsheet that details the calculations. The only difference is that he uses the BND ETF instead of IEF for the bond allocation.
In the March update that I missed, IEF triggered a buy signal. There we no changes from March in this month for the IVY portfolio. The portfolio remains 80% invested and 20% in cash.
For previous posts on the IVY timing model and its performance see here and here.
5 Comments
donzidoug · May 1, 2013 at 6:24 am
When I first began following you I do recall that you were basically dividend focused with the intention to earn enough dividends to closely match your expenses. Considering that Ivy is not a dividend portfolio does this represent a change for you? BTW…I still use the Income Investor Dashboard that you used to post. Any changes here Paul? I added PCEF because I do alot of CEF trading.
libertatemamo · May 1, 2013 at 4:57 pm
Hey Doug, you’re a good straight man. A while back Nina and I decided to get her involved in managing a piece of our portfolio just in case something happened to me or if some unexpected life twist should appear and she would need to manage some money. Kind of like getting her to be able to drive our beastly rig on our own, set it up, tear it down, etc… So, for the past year she has managed a portion of our IRAs using IVY. She liked it, understands it, and it fits her style/temperament. As I’ve said on the blog its my default recommendation for any new retiree.
As for me, I’m not necessarily less dividend focused but more total return focused. I want dividends but in the context of good total returns. In the past two years I have also been more short term oriented vs buy and hold. This is one of the issues I’ve had with blogging. I kind of write about what random musings come to mind that I think will help/teach people something but by its nature can seem, well, random. Also, as I learn and grow as an investor and/or I see the market dynamics change, I change.
Glad you still use the income investor dashboard. Maybe I should resurrect it. I do my fair share of CEF trading. Actually, I was planning a post about it. I call it the Crazy Ivan strategy. Ring a bell? Sean Connery, underwater….
Did I answer your question?
Paul
donzidoug · May 2, 2013 at 9:50 am
Sure Paul. Your answer is just fine.
The cefs are just so interesting and full of opportunity for trades as well as longer term holds. I wish more people were interested in them. But then again maybe its best that they are somewhat unloved. Thankfully though I have found a small group of older, experienced, ex-financial services guys that really focus on these pups..especially the fixed income issues.
Learning from them has been very rewarding and profitable but I’m still looking for an overall market approach that isn’t so time intensive. Currently I subscribe to a couple of guys who are really very good technical analysts but still its a full time job managing the portfolio.
Maybe the “work” is never done! 🙂
Please keep blogging Paul. Knowledgeable, generous, and experienced folks minus an agenda are very rare indeed. Thanks for all you have shared and taught me.
Doug
libertatemamo · May 2, 2013 at 10:28 am
Sure thing Doug. I’ve been looking for a better, more automatic way to identify CEF trading opportunities but am still looking. Its very manual as you say. A lot of digging through CEF connect, reading the MS CEF forum, etc… But as you say it sure can be profitable.
Paul
J Carroll · May 2, 2013 at 12:59 pm
The CEF space is something I am also interested in; own a couple hands full and am always interested in thoughts of other investors associated with the space. The option-income strategy CEFs are especially interesting to me.
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