Understanding the v-Wave?
Just to make sure that I am clear about the v-Wage, if using with a diversified fund such as an ETF with a 1.00 beta, I would want to be about 45% cash and 55% invested. If the beta was, say, 1.16, I would want to be 1.16 x 44.61 = 51.75 cash and 48.25 invested? This seems like a lot of cash to be holding and is actually a pretty ominous sign of things to come. Is this consistent with what all of you AIMers are actually doing?