100 Level

Quantitative Easing Explained

ITA Wealth Management readers will find this video clip of interest. … [Read More...]

Taxes: Prepare to Harvest Losses

It is not too early to think about capturing tax losses for 2010. We still have a few weeks before we need to make final decisions, but I would at least identify those stocks, index funds, or ETFs that are potential sell candidates. If you are using the TLH spreadsheet to track your portfolio, the information is easy to access. All one needs to do is examine the IRR, assuming you have not moved in … [Read More...]

300 Level

Suggested Portfolio

A Platinum member sent in the following portfolio for a Quantext Portfolio Planner (QPP) analysis and evaluation.  In the following screen shots, readers will see the tickers, percentages allocated to each, the QPP analysis, and a three-year look at the "Delta Factor" projections.  For the following QPP analysis, I used three years of historical data and assumed the S&P 500 … [Read More...]

Asset Allocation: A Look Back

Mosaic Portfolio Lookback - 10/1/2007 Asset allocation is at the core of our portfolio plans.  In the following screen shot, Platinum members see a generic portfolio that is Mosaic in nature.  By Mosaic I mean the portfolio contains both ETFs and individual stocks.  While this is not an ideal portfolio, it illustrates the points I am making over the next several blogs entries. The … [Read More...]

200 Level

Disadvantages of Passive (Index) Investing: Are There Any?

The arguments in favor of passive investing are far too compelling to completely ignore.  If there are any disadvantages, what are they? 1.  At one time the availability of passive or index funds were limited, particularly in certain asset classes.  Availability of index funds is no longer a problem as ITA readers know.  We can find an index ETF to fill every asset … [Read More...]

Portfolio Performance Update

This week ended on a strong note with the broad market VTI up over 2% on the day.  However, that move was insufficient to pull the Maxwell and Euclid portfolios into positive territory. Portfolios available to Platinum members continue to do well when measured against the VTSMX benchmark. Only the Kenilworth is lagging and those numbers are exaggerated due to the short period this … [Read More...]

400 Level

ITA Risk Reduction Update

Where do we stand with ETF prices and their respective 195-Day Exponential Moving Averages?  As I am updating all the portfolios this month, I am paying close attention to the five (Maxwell, Euclid, Madison, Kenilworth, and Gauss) portfolios to see if changes are necessary based on the ITARR model.  I checked all the primary ETFs used to populate the asset classes and all are priced above their … [Read More...]

News From Recent Conference

Two days ago I returned from a conference in St. Louis.  Our hotel overlooked Busch Stadium where the St. Louis Cardinals were playing the Washington Nationals in the first playoff series.  Walking on the streets among the fans was a blast as everyone was in a good mood and it was easy to talk with strangers, particularly when I mentioned Tommy Herr, a former second baseman with the … [Read More...]