You don’t have to be a professional money manager to be aware that the swift decline in oil prices has been one of the most impactful financial headlines in years. As a matter of fact if you didn’t own a computer, read a newspaper, or have basic access to media, you would still know that oil has dropped like a rock. All you had to do was go to the gas station and see that it costs far less to fill up your tank today than it did last year.
What you may not have noticed, however, is the huge appreciation in the U.S. dollar. The U.S. dollar index compares the dollar with a basket of other currencies and it spiked up 50% in the first couple weeks of March. It has already risen almost 8% year to date and this has impacted the stock market in ways that many are unprepared for. With any situation like this there are silver linings and opportunities that we’ll discuss later in this article.
First let’s review where we’re currently at and what we did last month:
Here’s the current summary of the MPG Core Tactical 60/40 portfolio mix, which is updated as of this writing (April 1, 2015).
What adjustments did we make?
The following moves were made during the month of March:
3/13/15: Bought 200 more shares of VO (Vanguard Mid Cap Index) @ $126.19 ~$2 worth
3/25/15: Bought 75,000 final shares of MONIF (Monitise) @ $0.191 ~$14k worth Continue reading