MPG Core Tactical 60/40: April 2015 Performance Update

MW-BB798_sm6040_20130422180557_MDDear Mr. Market:

Every month we write to you and chat about the markets and how people are behaving based on your results. Sometimes it’s good to refresh (click here) our memory of why we do this and what the MPG Core Tactical 60/40 portfolio is intended to do. First and foremost, our aim with this series of monthly articles is not to “beat the market”, race against any benchmark, or pretend we have a crystal ball. In the most ironic way possible, those that follow this series of articles will eventually understand that the primary focus of this exercise is to show you how picking stocks and trying to “time markets” is usually a hit or miss expedition. At the end of the day (or in this case, whenever we decide to stop writing these “letters”), you will likely see that holding a properly disciplined and balanced portfolio of instruments tracking specific indexes beats out most “potpourri” type portfolios. Continue reading