100 Level

Beginner’s Portfolio

If just starting out as an investor, the following portfolio is a slight modification from the Faber-Richardson Ten Portfolio as published in their book, The Ivy Portfolio.  I replaced GSG, a commodity ETF with a gold ETF, GTU.  Instead of VB, I inserted IWN which provides a value tilt to the portfolio. This material is not available for publication elsewhere on the Internet. … [Read More...]

Ten Biggest Investor Mistakes – #3

  Wealth Management – Mistake #3: Many investors are too conservative at an early age. Don't load up your portfolio with bonds when you are in your twenties and you have forty years to save. Let me illustrate this mistake with a real example. Husband and wife saved identical amounts during their working years.  The wife’s savings were divided almost equally between … [Read More...]

300 Level

Portfolio Changes

This morning I walked through the Strategic Asset Allocations for each portfolio and lowered the bond allocation to something close to 10% in each portfolio. The reason for making this Tactical Asset Allocation change is tied to my concern interest rates will rise. With rates as low as they are, the probability of them going lower is very low as they are not going below 0%. It makes sense to push … [Read More...]

TLH Spreadsheets

Below are links to the seven spreadsheets available to Platinum members. … [Read More...]

200 Level

Bohr Portfolio Review: 15 September 2011

Since the last update, shares of RWX, VOE, VEU, VTV, DVY, VWO, and VUG were added to the Bohr portfolio.  The number of shares were small as most of the asset classes are in balance.  The two asset classes that need attention are large-cap value and international REITs.  I over-shot large-cap value with purchases in VTV and DVY.  Mid-Cap Blend will take care of itself.  As … [Read More...]

Rebalancing Portfolio: Blending Dashboard and Optimizer

Now that an optimizing tool is available, how does one rebalance a portfolio by combining the output of an optimizer with the Dashboard guidelines?  The larger topic is one of asset allocation so I will start with the following Dashboard that defines an asset allocation plan. Dashboard:  Assume the following Dashboard lays out the Strategic Asset Allocation plan for a portfolio.  Only pay … [Read More...]

400 Level

Bullish Percent Indicators: 19 July 2013

What information can we glean from the Bullish Percent Indicators (BPI) this week?  Pay attention to our primary index, the NYSE.    When we examine the performance of individual sector ETFs with respect to the broad market (VTI) not many are outperforming the broad U.S. Equities ETF. BPI of Indexes:  Our primary BPI index, the NYSE, actually increased in the number of stocks showing a bullish … [Read More...]

Ten Best Investment Books

Education is a step toward financial success. Where does one begin when trying to come up with the top ten investment books? Here is my list, but be forewarned, this is not a list of books that focus on either fundamental analysis of stocks, nor is it a list of books explaining technical analysis. In fact, the list below is the antithesis of stock picking. My list of the top ten investment books … [Read More...]