JOSEPH GERARD MICHALETZ
Pilots at Northridge Ln, Mankato, MN
License number
Minnesota A4111374
Issued Date
Feb 2016
Expiration Date
Feb 2018
Category
Airmen
Type
Authorized Aircraft Instructor
Address
Address
1612 Northridge Ln, Mankato, MN 56003
Professional information
Providing Fixed Income From Investment Assets
US Patent:
2007023, Oct 11, 2007
Filed:
Mar 20, 2006
Appl. No.:
11/385318
Inventors:
Joseph Michaletz - North Mankato MN, US
International Classification:
G06Q 40/00
US Classification:
705035000
Abstract:
A method and device for providing a fixed income from a range of assets is disclosed. In one aspect, the assets are divided into a first group associated with relatively low liquidity risks and a second group associated with liquidity risks higher than that of the first group such that the second group does not need to be liquidated sooner than a predetermined length, such as five years. An asset in the second group is sold only when that asset has gained in value by a predetermined amount, such as 20%, over the principle within a predetermined period of time, such as a year. In another aspect, investments in the second group are made in at least two asset classes that have historically exhibited a strong inverse price correlation with each other. The holdings in the two inversely related asset classes are rebalanced when the performance of one class exceeds the performance of the other class by a predetermined amount, such as 80% of the average of the maxima or minima in historical performance difference.