Patience
Even a stopped clock is correct twice a day.
Distressed debt opportunities have been meager. Every body has been able to get cash if needed.
PPA Model Porfolio
Our model portfolio is 60% cash, in a money market fund with a 5% yield. Some ten year government bond etf's. The remainder 40% is invested in about ten stocks that pay fat dividends and could probably appreciate. There is an election coming up and the Federal Reserve is close to ending raising rates. The market will look good after the current pullback is finished.
Stay invested.
Stephen P. Vlahos
Performance Plus Advisors, Inc.
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