100 Level

Rule #7 of Investing

Fire your investment advisor and/or broker. Make this move unless you have an extremely complicated financial situation or you cannot bear to deal with the details of portfolio management. In the latter case, you are not likely reading this blog as this is a do-it-yourself site. In the former situation – is your portfolio that much more complicated than a large pension fund? If not, then you … [Read More...]

Bond Market: Important Article

Platinum members will want to read this important article from Seeking Alpha.  This paper is not an unusual or "off the wall" position. … [Read More...]

300 Level

Portfolio Activity

Photograph: Cafe in Dublin, Ireland Einstein Portfolio Changes Shares of VOE were sold from the Einstein Portfolio in an effort to bring the Mid-Cap Value asset class into balance.  As you can see from the Dashboard worksheet below, this asset class is still over target, even with the Threshold set at 30%.  Normally, if one were adding significant amounts to the portfolio each month, … [Read More...]

Ivy-3: Twenty ETF Portfolio

  Twenty ETF Portfolio Before readers become too excited over the Return/Risk ratio of the following portfolio, please note that EWX, BWX, and IGF have short records.  This means we do not have three years of data for these ETFs, and when this happens the projected risk or standard deviation percentage value is lower than it would be were we to have complete records. With that … [Read More...]

200 Level

Portfolio Performance: 18 February 2011

  ITA Wealth Management readers will find the February 18 portfolio performance data table below. Since the last update, the Curie, Newton, Schrodinger, Einstein, Bohr, and Maxwell gained ground on either the VTSMX or ITA Index benchmarks.  Several of these portfolios also showed an increase in the Sortino or Retirement Ratios.  When this occurs, it is a significant positive … [Read More...]

ITA Wealth Management Suggested Asset Allocations

The following data table lays out different risk portfolios built around nine ETFs that make use of The Three-Factor model from Fama and French. Platinum membership is available for $5.00 per month. … [Read More...]

400 Level

Kenilworth Portfolio Review: 21 February 2012

While it is a few days early to update the Kenilworth Portfolio, based on the current ETF prices and their respective 195-Day EMAs, nothing is likely to happen over the next few weeks let alone the next three days.  Here is the link to the StockCharts graphs we use for the ITA Risk Reduction model.  The following two screen shots show the Dashboard and Portfolio Performance data for the … [Read More...]

Let’s Get Serious About Reducting Risk

Most readers of ITA Wealth Management remember the dot com crash of 2001 and 2002.  If that memory faded, the devastating bear market of 2008 and early 2009 is still with us unless one was a shepherd in Patagonia.  I assume there are more than a few readers who still recall the bear market of the mid-1970s, and the long wait until the market suddenly woke up on August 12th of 1982 - only … [Read More...]