That time of the month…..
YTD for 2020 – We are up by 57.5%
For December 2020 – We were up this month by 4.3%
For ease, I will continue to refer to the results of the Risk Parity – Platinum model since that is what constitutes majority of the subscribers. The gold and silver subscribers would have seen a proportionately lower risk and hence a lower return. Gold performance would be 2/3rd the Platinum performance. Silver would be approximately 1/3rd.
Here is the performance report. Changing the format a bit and including the report in the blog post itself as opposed to a pdf attachment. Click on the image if you want to zoom in.
2020 Performance Statistics
Monthly Performance
The annual returns are cumulative, not additive. You need to multiply the returns of each month and not add them up.
Weather Conditions and Looking Forward
The January allocation will be pretty similar to the December allocation. Higher on gold and bonds. Lower on Stocks. “Midas” seems to think that the stock market is over valued and has run at a faster rate than it is used to and hence may correct soon. Hence more defensive positions on stocks.
Gold on the other hand is still a good investment. Monetary and Fiscal stimulus now can only reduce the value of the US dollar, which is bullish for gold.
I will follow this up with a separate blog on how we did for the year and my own performance grading!! I got a B minus.
