tag:blogger.com,1999:blog-2875915890415125655.post1007815795451771167..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: It must be nearly bonus time and the S&P 500 cyclically adjusted PE (PE10 or CAPE) – November 2010 UpdateRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2875915890415125655.post-73049436919489381282010-11-29T12:28:24.380+00:002010-11-29T12:28:24.380+00:00Hi
Your strategy makes good sense to me. (Though ...Hi<br /><br />Your strategy makes good sense to me. (Though since I'm an Aussie in Britain I don't understand ILSCs since I'm not interested in fixed interest I cannot easily hedge back to $AUD.)<br /><br />For me though, your answer doesn't work so I am doomed to ponder the valuation of bonds for a bit longer.<br /><br />All the best.<br /><br />TonyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-58512998080224668792010-11-27T13:50:22.451+00:002010-11-27T13:50:22.451+00:00Hi Tony
Thanks for the question.
I actually move...Hi Tony<br /><br />Thanks for the question.<br /><br />I actually move the money into cash rather than bonds for exactly the reason you mention. It means should the market fall then I can quickly move into equities without any risk as to bonds being high or low in price.<br /><br />I don't run any sort of valuation models for my 'bonds' allocation as my definition of bonds is a RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-1733954721389197972010-11-26T18:41:15.391+00:002010-11-26T18:41:15.391+00:00Hi
I have a proposal for discussion.
As I unders...Hi<br /><br />I have a proposal for discussion.<br /><br />As I understand your methodology for tactical asset allocation, when equities are somewhat expensive (as now) you underweight them. Perfectly sensible. But then that money gets moved into bonds I think. Now just suppose that bonds were significantly overpriced (something that shouldn't be too hard to imagine at the moment). In that Anonymousnoreply@blogger.com