100 Level

Ten Biggest Investor Mistakes – # 5

ITA Wealth Management Mistake #5:  Investors pick individual stocks to build portfolios rather than use index funds. … [Read More...]

Mosaic Investor

Mosaic Investing: A third investing style, and one not frequently mentioned in academic literature, is a combination of passive, index, and active management. I call it the Mosaic investing approach. Mosaic investors will fit somewhere along the broad continuum of all investing styles. A Mosaic investor may construct a portfolio around a core of index funds with a particular asset allocation tilt. … [Read More...]

300 Level

Piotroski High F & Dividend Stock Screens

Investors attempting to "super charge" their portfolios with a few highly selected stocks may be interested in the two screens shown in this blog post.  The first is the Piotroski High F-Score screen and the second is a dividend oriented screen. This blog post is not available for publication elsewhere and it is limited to Platinum members. … [Read More...]

Launching a New Portfolio and Initializing ITA Index

Platinum readers know about the funding of the new ITA-RR portfolio. Since tomorrow is the last business day of the month (December) I will take a careful look at the price points for VTI, IWN, VEU, VWO, VNQ, RWX, and IGE and compare them with their respective 195-Day EMAs.  If nothing were to change tomorrow, on January 3, 2012, I will take out a full position in VTI, IWN, and VNQ.  … [Read More...]

200 Level

Active vs. Passive Investing: Part 7

Section Seven of the "Active vs. Passive Investing" article is sumarized the following paragraph. "Some indexers never claim passive investing gives superior returns. They claim only that active investors do better than the benchmark some of the time, and worse some of the time, while passive investing gets rid of that risk by equaling the benchmark every time. They admit some … [Read More...]

Portfolio #4: Ages 56 – 65

As with the portfolio for ages 36 - 55, this portfolio covers a critical period in life.  This is a time when one can normally increase the monthly savings rate.  The children are likely educated and the house is, or will be paid off.  Extra dollars can be funneled into this portfolio.  As the investor moves toward retirement, the portfolio becomes more conservative in that … [Read More...]

400 Level

“Delta Factor” for Maxwell & Euclid Portfolios

Initially, the plan is to hold only five equity ETFs in the Maxwell and Euclid portfolios.  Those five are: VTI, VEU, VWO, VNQ, and RWX.  Yes, there will be bond and income ETFs, but the equity investments will be confined to five ETFs - at least at the beginning of this experiment.  At the close of the market on October 4, 2011, what is the "Delta Factor" data telling … [Read More...]

Bond “Delta Factor” Summary

As promised, below is a screen shot of a "Delta Factor" data table for AGG, BIV, BSV, HYG, JNK, IEF, TLT, and TIP.  The reference bond ETF I use in this analysis is BND.  I've done almost no testing with bonds so I don't know the quality of the predictive powers when it comes to bonds. … [Read More...]