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- The Vig Company Announces October 2020 Results!
The Vig Company Announces October 2020 Results!
Good morning!
Welcome new members.
Here is how V2 and our benchmark for the SP500 (SPY) performed in October:
V2 -5.94%
SPY -2.49%
This year:
V2 up +116.74%
SPY +2.94%
We had a down October and the Model reallocated several times during the month between short, long and cash holdings. Volatility remains high, and the Model composition reflected that concern.
Year-to-date the Model has performed extremely well. Here are a few comparisons from LPL Financial, Morningstar and Fidelity.
YTD (10/30/20)
V2 Model +116.74%
SP500 +2.2%
Dow Jones Industrial -5.5%
Nasdaq Composite +22.5%
Russel 2000 -7.3%
Aggregate Bonds +6.4%
Europe Developed Markets -10.6%
Emerging Markets 0.0%
Ranked #1 vs all Long-Short ETFs (13) Morningstar
Ranked #6 vs all ETFs (2159) Morningstar
Ranked #1 vs all Mutual Funds (3458) Fidelity
As we look ahead, there are currently a number of concerns facing us: Election uncertainty and unrest, Stimulus (or lack there of), increasing Covid-19 cases and economic slowdown, and a new lock downs in Europe. All will be issues going forward, but we do not anticipate what is going to happen. We react to where things are. We do not forecast, we will follow the math and work to get on the right side of the next extended trend.
Please note, new Subscribers that are not Members, if you want to follow our performance and allocations in real time. I invite you to become a paid Member. With all the uncertainty, now is a great time to do that. Of course you can cancel any time.
The V2 Model has performed exactly as expected.
Distance=Victory
Chris
ps. Please invite others to join The Vig Company. And also, please, do not share the V2 Model allocations with others. We keep the monthly charges low for all as everyone pays their own way. Our information should not be copied or shared in any form.
Use of The Vig Company LLC information and newsletters herein is at one's own risk. We are simply sharing the results of our Models. Nothing should be construed as a recommendation or an offer to buy or sell any securities, and we are not liable nor do we assume any responsibility for losses incurred as a result of any information provided or not provided or not made available in a timely manner herein or on our website or using any other medium. We cannot guarantee the accuracy and completeness of any information furnished by us. We may buy, sell or hold any security listed in our information at any time. We are not registered investment advisors and have no understanding of your personal financial situation, risk tolerances, or investing objectives. Any investment decisions you make are your own own. Please do your own diligence when investing your hard earned money.
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