ACTION ALERT: Sold BNDX In Favor Of BLV, RIET, VWOB

Upping my income and possibly capital gains.

Wanted to share a couple of minor adjustments I made this morning.

Without adjusting my current cash level, which sits just shy of 20%, I made a few adjustments to some income-producing assets in my portfolio.

Here’s a quick summary:

• Sold all of my BNDX at $48.385

• Added some BLV at $74.8775

• Added some RIET at $12.064

• Added some VWOB at $60.36

In short, these adjustments are reflections of the basic logic featured in yesterday’s article, linked here.

3 Long-Term Bond ETFs To Spice Up 2023

Also thought I would share a couple of other items while I am at it.

Based on concepts featured in this article, I have GTC limit buys in place as follows:

• ITOT at 84.54, 82.78, 81.02, and 79.25.

• IXUS at 53.90, 52.77, 51.65, and 50.53

In each case, the number of shares purchased is incrementally higher at each price point, meaning the lower the market goes (if it does), the more I am buying.

As you likely quickly realize, these two ETFs are very useful for such targeted purchases as they are proxies for the total U.S. stock market and total international stock markets, respectively. In each case, they represent prices 4%, 6%, 8%, and 10% below highs reached on the recent surge that peaked on 9/12. At the 10% level, we would be at roughly 3,600 on the S&P.

• As a side note, the small GTC buys I initiated on ITOT and IXUS at 2% below those recent highs already triggered.

If the market does in fact dip that low, I will revisit my overall allocation at that point and decide what I want to do from there.

That’s all for now.