I use the credit cycle, and estimates of
what various asset classes are likely to return if they were private businesses, but not everyone can follow that.
Not exact matches
See
what a mutual fund really holds in terms of exposure to
various asset classes and market segments at any time.
DAA obscures the fact that there's timing involved by allowing the investor to think and act like a buy - and - hold investor, while providing
what historically have been reliable signals for exiting and re-entering the
various asset classes.
Knowing how
various asset classes, industries and companies have performed under a full range of conditions, good and bad, will help give you a feel for
what range of outcomes your portfolio might produce.