Dightman Captial Group
We manage adaptive investment strategies for individual investors, as part of a comprehensive planning environment, designed to protect capital in sustained market contractions and grow capital during market expansions.

Market & Economic Summary

  

Dightman Capital believes the key to success in today's environment is to remove entrenched investment biases and implement an adaptive investment process and execution ability. 

The following is our opinion of near-term market and economic conditions.

WINTER 2012

GLOBAL INVESTMENTS
Stocks recently moved higher breaking through the 2011 trading range.  The overall technical structure of the market has turned somewhat bullish but the current rally lacks volume.  U.S. stocks currently lead global markets. 

WORLD ECONOMY
The Data coming out on the global economy still poses serious challenges.   The debt crisis in Europe could eventually pose liquidity challenges for banks.  Unemployment in the U.S. remains elevated but appears to be improving somewhat.

INFLATION DATA
We believe broad inflation will remain stable for goods and services measured by the Consumer Price Index.  There are risks of elevated prices in select categories like education, healthcare and energy.  Despite current U.S. monetary policy, inflation is likely to be held in check until National Income and Capacity Utilization have increased.  As developed country economies continue to reduce debt levels, deflation in stocks, real estate and commodities may continue.

U.S. RESIDENTIAL HOUSING
It appears housing may be stabilizing in some markets but prices are not expected to start recovering any time soon. 

PLANNING
New conversion rules for ROTH IRAs allow high income households an opportunity to fund this unique tax treatment retirement account.

DCG Investment Strategy & Process

Dightman Capital Group has designed and continues to advance a highly disciplined investment management approach. Our adaptive money management service uses a variety of techniques in an attempt to avoid large capital losses during market contractions and capture gains during market expansions. We combine economic, market, technical and behavioral data in our process.

Our investors are individuals, small business and entities that own individual, joint, trust, IRA and other types of retirement accounts.

We have built a highly scalable system that can be deployed over a large asset base and number of accounts. We offer three global growth strategies for different risk profiles: Aggressive, Moderate & Conservative.

We use a wide variety of asset classes: Stocks, Bonds, Real Estate Investment Trust, Master Limited Partnerships, Currencies, Commodities, Long/Short, Managed Futures, Money Markets, and others. In addition to investment strategies managed directly by DCG, we recognize the expertise of other skilled investment managers and may utilize their services in our strategy. Our entire approach is designed to maintain flexibility in how we manage risk and deliver returns.

Our primary goal is to expose our strategies to growth opportunities when they are present and to move to a defensive posture during sustained market and economic contractions. We follow a variety of data sources for information about the near term environment for investments and invest our strategies accordingly.

Most of our strategies use exchange traded funds (ETFs) and in some cases mutual fund investments, although other investment types may be used. Please review our ADV Part 2 for more detail on our investment strategies.

Other important topics related to investment strategy include:

The Benefits of Managing Risk

Advances in Investment Theory

About Index Investing