VEA
Re-buy Vanguard FTSE Developed Markets for my Perfect 5 ETF Portfolio
Earlier today I sold the Invesco Currency Japanese Yen ETF (FXY) in my Perfect 5 ETF Portfolio. Now I'm replacing it with the Vanguard FTSE Developed Markets ETF (VEA). The sell and the buy will cut the portfolio's exposure to the Japanese yen and increase its...I’m selling VEA out of my Perfect 5 ETF Portfolio today
I'm continuing to revise the holdings in my Perfect 5 ETF Portfolio in order to reduce risk from the effects of a global trade war and yet to still make some money--as I outlined in my Special Report: 5 Places to Hide from a Downturn--and Still Make Some Money. I...Making a tweak–yes, already–to the Perfect 5 ETF Portfolio to get more Japan in the mix
I certainly don’t intend to turn the Perfect 5 ETF Active Passive Portfolio into a trading portfolio, but when facts on the ground change, I do want to respond. The recent overwhelming election victory of Japanese Prime Minister Shinzo Abe has given Abe-nomics renewed life. That means financial markets and Japan’s huge export sector can count on continued policies from the Bank of Japan that weaken the yen versus the currencies of trading partners and that look to increase growth in the Japanese economy from the country’s export sector. Japan’s stock market has been on something of a tear in 2017 and I think that’s likely to continue