Juicy Excerpt # 27: Wade, as you may be aware, John Bogle has mentioned what
he calls tactical asset allocation in his book, Common sense on Mutual Funds (pg 66 - 67).
«
We call it tactical asset allocation,» says Solow.
Not exact matches
Of course, some would
call such a strategy
tactical asset allocation or market - timing, and they wouldn't be too far from the truth.
A
tactical asset allocation strategy
calls for investing an array of percentages in every
asset class, meaning you can increase your distribution in a particular category when the stocks are expected to perform well and decrease it when they're projected to perform poorly.