100 Level

Retirement Rule #3: Educate Yourself

Now that you have a savings plan in place and have accessed your retirement needs, it is time to continue to educate yourself.  The place I would begin is by reading a few of my top ten or best twelve investment books.  The books I recommend definitely have a bias toward using index or non-managed investment instruments.  My personal preference is non-managed index ETFs.  This viewpoint does not … [Read More...]

Index Freeloaders

Take a few minutes to read and smile while reading this article about freeloading index investors.  As passive investors, we need to be grateful for active investors. … [Read More...]

300 Level

Kepler Portfolio Update: 16 January 2012

As indicated in the middle footer of the Home page, the Kepler is one of three portfolios up for review this week.  The following update includes the Dashboard and the performance data as of last Friday.  The Kepler asset allocation is typical of portfolios tracked here at ITA Wealth Management.  All seventeen (17) asset classes are utilized and this includes breaking the U.S. … [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...]

200 Level

The Permanent Portfolio Approach

The following comment generated this response.  The question is quoted so readers will follow the context of my post.  This is likely to be a long post so prepare yourself for some detailed information. "I would appreciate your comments on the following: I’ve been thinking about the Permanent Portfolio approach, and the Feynman studies; and possibly how to meld them together. First, about the … [Read More...]

Passive Investors

Passive Investing or Passive Management: Passive investing is the antithesis of active investing. Investors who subscribe to a passive style of investing do not think they can beat the market. Passive investors are strong advocates of the efficient market theory and that is – all information is reflected in the price of the product. While passive managers conclude they cannot beat the market … [Read More...]

400 Level

Bullish Percent Indicators Shift Into High Gear

Both the broad markets and individual sectors went on a tear this past week based on the Bullish Percent Index (BPI) changes.  Platinum members will see the results of the various indexes in the first table and the individual sectors in the second. The following information is not for publication elsewhere on the Internet. … [Read More...]

Bullish Percent Indexes: 10 May 2013

BPI Index:  We experienced another good market for U.S. Equities and the following Bullish Percent Index data is testament to this fact.  The NYSE turned positive leaving only the NASDAQ in the hands of the defensive team.  With so many of the broad indexes in the over-bought zone (>70%) it is only a matter of time before we see some sort of draw-down.  This could take a few weeks, but it will … [Read More...]