How to read the email.

Ninety seconds. What the line means, what the percentage means, and what to do on a day it changes.

The short version

• The first line is what to hold, how fast it moves, and how much of the money you put behind that system is in it.
• The second line is the rest, in cash and equivalents. That is a position, not a leftover.
• When the percentage moves, rebalance to the newest issue. That is the whole job.

Which securities to use See the series