For our weekend reading I have once again stumbled onto an article from the November issue of AAII magazine exploring the ever popular Level 3 investing strategy, this time with the emphasis on passive portfolio ETF's.  I'm assuming most or all of you are AAII members with access to the rest of this article.  Have a good read and have a good weekend. 



11-6-18 AAII: The American Association of Individual Investors

A Closer Look at the Level3 Passive Portfolio's ETFs

by John Bajkowski

Article Highlights:

• The index funds used extend the reach of the S&P 500 into smaller companies, value-oriented stocks and real estate.
• Popular stocks and certain sectors can become overweighted in market-cap indexes; equal-weight indexes solve this problem.
• The average market capitalization of holdings underlying the portfolio’s ETFs are much smaller than the S&P 500.

The need for a simple, basic long-term approach for those who do not want to be active investors prompted AAII founder James Cloonan to develop the Level3 Passive Portfolio while writing his book “Investing at Level3” (www.level3investing.com).

...To continue reading this article you must be an AAII member.