Balanced
Portfolio Objective:
The portfolio is designed to deliver a reasonable level of cash flow yield and growth over the long term, with capital preservation as a secondary objective.
Portfolio Overview:
This portfolio attempts to achieve its objective by allocating roughly 60% of the portfolio to real estate, commodities, and high quality dividend paying equities (both foreign and domestic). The remaining 40% is allocated to investment grade, high yield, agency, TIP, and treasury bonds. From time to time depending on market conditions Traphagen may choose to hedge a portion of the equity allocation.