100 Level

Grandchildren: Develop An Investment Plan

Develop Strategic Portfolio Plan Laying out an investment philosophy is another step in the process of living a disciplined life.  Take control rather than letting situations control you.  After obtaining a solid liberal arts education, branch out and educate yourself to the world of investing.  It is not as difficult as many on Wall Street would have you believe.  Read the … [Read More...]

Manage Your Own Money

  Should you hire a money manager or do it yourself?  Consider the following assumptions and arguments. 1.  As the first given, the portfolio belongs to you, not the hired money manager.  This is an obvious, yet important point. 2.  Assume the advisor fees amount to 100 basis points or 1%.  Fees may be lower, but for ease of calculation, I will use the 1% … [Read More...]

300 Level

Republic Services (RSG): Another Waste Hauler

The following analysis can be compared to the Waste Management analysis posted earlier this morning.  It comes as no surprise that sales grow at a slow rate.  It is the nature of the business.  After all, there are only so many houses and businesses requiring trash hauling. This material is not available for publication elsewhere on the Internet. … [Read More...]

Preparing for the Gauss Portfolio Review

Prepping for the Gauss shows some changes are recommended.  That becomes apparent when one examines the Efficient Frontier graph shown below.  We need to increase ETFs that have a greater probability of bringing returns to the Gauss.  The second and third screenshots will help identify those ETFs. The following material is not available for publication elsewhere on the Internet. … [Read More...]

200 Level

Thinking Through a Basic ETF Portfolio

Thinking through the process of constructing the following ETF rich portfolio several required specific goals be met. This material is not for publication elsewhere on the Internet. The portfolio needed to be simple.  While 15 ETFs are not exactly simple, neither is it overly complicated.  To simplify one could reduce the number of bond and treasury ETFs. All ETFs must be commission free … [Read More...]

Five Investing Tips to Launch a Successful Retirement Program

Five money hints below will put you on the road to financial success. Follow "The Golden Rule of Investing." Save as much as you can as early as you can. Live below your means.  Learn self-discipline and stop spending on trivial material goods. Avoid Credit Card debt as it will kill your chances of success. Invest in index funds or index ETFs.  Many … [Read More...]

400 Level

If I Were To Add One Sector…

If I were to add one sector to my portfolio, which one of the eleven Vanguard sector ETFs would I purchase right now?  Check out the "Delta" and "Delta Factor" data in the table below for the quick and easy answer. … [Read More...]

Preparing a New Portfolio for a Customized Benchmark

Within the TLH Spreadsheet is the capability to develop a customized benchmark for any portfolio that uses any combination of the 17 asset classes found in this blog post. If you are new to ITA Wealth Management, note that we pay a lot of attention to asset allocation, even though it has recently fallen out of favor, particularly since the 2008 market crash.  Why build a customized … [Read More...]