Friday 13 November 2020

End of October "12% solution" portfolio changes

After looking good for most of Sep/Oct (I was tempted to close out the QQQ position early when it had a good run - but decided to stick to the monthly trades recommendations and see how things go in the long term), QQQ tanked towards the end of the month.

For end of October the signal was to sell the QQQ holding and move those funds into IWM (iShares Russell 2000 ETF (All Sessions)): 60% IWM and 40% JNK.

The market spiked up on the news of the successful vaccine trial, and this added to the generally positive market movement as the US election outcome became clearer, so my "12% solution" portfolio is looking a bit healthier again as I write this. 

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