Log House in Waterford, Virginia
Bohr is one of the easier portfolios to manage once it is set up with Closed-End-Funds. Why is this so? This is a Buy & Hold portfolio were dividends and new cash are used to purchase more shares. The plan is to sell no shares so one-half of decision making is removed. This portfolio operates similar to the Copernicus in that the goal is to accumulate shares. The difference in the portfolios is that the Bohr is diversified across more asset classes and it has a significant income component.
The first four ETFs form the growth portion of the Bohr while the remaining CEFs generate most of the income. The Bohr and Bethe portfolios are examples of balanced portfolios and are models for investors seeking some growth while provided income for living expenses. If one does not need to withdraw income for living, dividends provide additional growth.
Bohr Investment Quiver
Below is the investment quiver for the Bohr. Second quarter dividends arrived since the last update so there is quite a bit of cash available for reinvestment. Limit orders are in place to purchase more shares of VTI and KYN. I need to see if there is still remaining cash to be reinvested.
Bohr Security Recommendations
The following worksheet from the Kipling workbook is included to show readers what securities, if any, are recommended for purchase. I see where TDF is recommended so I’ll put cash to work and pick up more shares of this CEF.
Bohr Performance Data
Since 11/30/2020 the Bohr is outperforming the AOR benchmark by a little over four percentage points annualized. This balanced portfolio is also topping Vanguard’s Total World Stock ETF, VT.
As an aside, I just checked to see how all the ITA portfolios I track on this blog are performing with respect to AOR and VT. All portfolios are besting the AOR benchmark by 5 percentage points (annualized) and VT by 2.4 percentage points (also annualized). This does not include dividends that have yet to be recorded for a few portfolios.
Bohr Risk Ratios
Jensen’s Performance Index is a solid 6.11 and the slope is still positive. Come September through November, the slope will go negative unless we have a market surge in the fourth quarter. Readers will recall what a remarkable year 2021 was for equities.
Even though 2021 was a great year for stocks and the first six months of 2022 has been a bummer, the Bohr is actually performing better now than it was a year ago. I suspect that is due to adding the income (CEFs) component to the portfolio.
ITA Wealth Management is now free to all readers who register as a Guest.
Discover more from ITA Wealth Management
Subscribe to get the latest posts sent to your email.
Readers who signed up for notifications and are using either Firefox or Chrome browsers should have received notification of this Bohr blog post.
Lowell
I’m still not getting (Chrome) notifications Lowell
Arggh.
I’ve adjusted just about every variable known to man. The software is telling me notifications are sent out to a small fraction of readers. I’ve yet to trouble shoot why it is not being sent to more readers.
Do you see a bell icon in the lower right-hand section of each screen? If so, click on it and see if you can subscribe. There might be a flashing green arrow pointing to the left.
Lowell
When I hover the mouse over the Bell it tells me I’m subscribed – but still no notifications !?
David,
When I have time I will have another go with the notification plugin and see if I cannot find some obscure setting that is blocking notifications.
Lowell