2015 - May - Changed from Passive Long Bonds to Global Equities. Euro v USD down 35% May 2014 - May 2015
This week, May 2015, I have put in an order to move almost half of my net worth out of Passive Long Euro Bonds into 50-50 Global Equities. This is 80% my pension funds. If it increases 5% over the next five months I will double it up. If it decreases by the same I will look for another vehicle for my next two to five year strategy. Or move it to cash if a black swan seems imminent. Europeans Dax shared tanked over 10 months actually from April 2015( eurobond reached its low bounced for 2 months then retraced lower a lot) to Feb to 2016 by 35%. Nasdaq only went down 8% in the same period. I have also with 10% of my net worth triple-shorted the Financial Stocks Index for the last three months purchazing FAZ. But this fund is down 7% since mid February. I am ready to pull the plug on them and go the other way within the next two weeks. I lost 5% on QID over two months which is a triple short ETF on the Nasdaq. It is time to move all my pension contributions into on...