SOLD 90 shares of AGG iShares Aggregate Bond, at a price of $107.61 (net of transaction costs)
BOUGHT 170 shares of MOS, The Mosaic Company at a total cost (including commission) of $59.21.
MOS is about 10% of the portfolio, and BIA will look to sell (on the downside) if stock closes in the neighborhood of $53. This is not a “hard” stop loss, and the position may be sold earlier if conditions warrant.
The AGG sell is also about 10% of the portfolio and 43% of the existing AGG position.
DISCLAIMER: Nothing in this article should be construed as a personal recommendation or advice. Nor should anything in this article be construed as an offer, or a solicitation of an offer, to sell or buy any investment security.
The BIA Global Strategy Model Portfolio engages in short term aggressive, speculative strategies with an appropriate portion of an investor’s overall investable assets. Investors should conduct their own due diligence and seek the advice of a financial and/or investment professional before making any investment decisions.