Hi i-5001, Re: use of v-Wave................
Yes, you are correct for the use of the 1.5 divisor for use with diversified mutual funds. (is that Am. Century's Ultra?)
The VW is far more aggressive than the old IW and so you have to use a bit of judgement with the value shown. If you want to be relatively aggressive, then being 100% invested is pretty much the ticket if you don't want debt (I don't advise having any debt if possible).
If you want to be more conservative, you could use 10% cash and be able to make a couple of more buys if the market price of Ultra were to drop a bit more.
Hope this helps,
Tom
Port Washington, WI 53074