US Market Assessment

US is still trading at it’s 52WH, so we’ve increased our BBUS holdings to hedge against the US market for 2024. We’ve made a few DCA Buys, but we plan to DCA Sells on the last 2 trades for 10%+5%=15%/2=7.5% before we sell. We could be wrong and it may turn the other way, but it’s an assessed risk we’re willing to take.

I’m a volatility and contrarian trader, so the conventional methods doesn’t work for us. We’re dual US and AU Citizens, so we’re nomad investors using unconventional methods. US focuses on growth, and AU focuses on income, and investing in both markets allow for us to diversify our portfolios. Currency risk will play a factor, so we’ve included hedging FX Rates.

The saying is it’s time in the market, not timing the market. Yes, I understand this, however, the US market has reached its 52WH gaining YTD of 20%+, and interest rates are still high, so why should we continue DCA Buys our US holdings without any margin of safety? It would be greed at this point if we assume that the S&P will continue to increase even higher for this year. Even if we do consider DRPs, we prefer to have a margin of safety minimum of 8% discounted. IF it does reach our TPP (target purchase price), and we do increase our US holdings at that point, the margin of safety would allow for us to exchange for USD as well. Either the USD FX Rate discounts by 7% to about 1.45 on BUY, or the TPPs discounts by 8% from its 52WH for our margin of safety.