Aggressive · Stocks to Consider and Updates

Allocation Update – Aggressive Portfolio

In view of mounting turmoil with a number of emerging market economies, my over-weight allocation for the iShares MSCI Emerging Market ETF has not panned out. While Turkey is making most of the headlines, Argentina, Brazil, South Africa, Indonesia and a handful of other countries are in trouble with maintaining a stable currency and growing their economies. While I still believe a long-term position in a diversified emerging market portfolio is appropriate for an aggressive portfolio, I am significantly reducing my outlook for the coming months from a 13% weighting to 7%, as I don’t believe a turn around for these countries will come about any time soon. To compensate for the re-allocation, I am increasing my exposure to CSX by 2 percentage points to 9% of the pie and moving up Delta Air Lines, Harris Corp., Jabil, Inc. and ON Semiconductor each by one percentage point.

 

 

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