|Chicken Little & New Investment Love|
Here is the summary of the status and outcome of these three new investments. While the amounts of loss and gain are very small, a new investment could become significant over the coming years.
|Buying US Stocks||Open (Gain)||+8 Basis points|
|Shorting Non-US stocks||Closed (Loss)||-21 Basis points|
|Shorting Gold||Closed (Gain)||+21 Basis points|
|Total||+8 Basis points|
Chicken Little criteria for keeping an investment.As detailed in the rules, Chicken Little has two main criteria for keeping an investment.
#1: The investment has to be profitable.
#2: Chicken Little has to have faith in the investment.
|Chicken Little sells losers, keeps winners|
Date #1: Buying US StocksChicken Little believes in momentum. That means assets that are going up in price tend to continue to go up in price. The bull market in US stocks in 8 years old. A 5th grader with a ruler can do the charting.
Chicken Little fears a deflationary depression so buying stocks is emotionally challenging. Nevertheless, in a series of well-defined steps, Chicken Little now has 2% of the portfolio invested in US stocks, the most since the late 1990's