Tom. Sectors... Why didn't I think of that?
Hi Tom,
I appreciate your response and I look forward to taking a look at maintaining a position in the separate sectors. Guess it makes sense, not sure why I didn't think of it. As some sectors move, others don't. Lends itself to having a little more sanity to the portfolio. I agree.
Thankfully, I do have enough capital to take a position in each of the sectors. There are 11 sectors, do you take a position in all of them? My only concern is management. Having to draw a line on 11 sectors every month is going to be a bit more labor-intensive, although I could definitely make the time. Have you ever thought about quarterly rebalancing? Seems like you could still catch trends in the market both up and down and it would be a little more conservative with your time. Just curious...
Also, if you don't mind my asking, why not just use the regular SPDR sectors? They are cap weighted, you mentioned you have grown tired of those. Do you mind sharing why you like the equal-weighted ETFs better?
Thank you again,
Dan
