100 Level

Buy and Sell Guidelines: A General Overview

Armed with analysis tools such as the Quantext Portfolio Planner (QPP), TLH Spreadsheet, Hoadley Optimizer and expanded worksheets, it is possible to outline some basic guidelines for buying, holding and selling ETFs.  As always, individual judgments are required and I'll attempt to explain those when transactions occur.  As always, we make investment decisions in the context of broad market … [Read More...]

Kenilworth Portfolio Review: 24 April 2012

Today is monthly review time for the Kenilworth Portfolio.  Checking the critical ETFs, three of eight ended up in the "sell" zone, but two are so close the end of day price could reverse the trigger.  Since I will not be making any moves before the business day tomorrow, I'll wait to see the opening prices for VEU and VWO. The Dashboard is shown in the following screen … [Read More...]

300 Level

Kenilworth Portfolio Update: 21 June 2011

Kenilworth Review Yesterday was the scheduled time to review the Kenilworth, one of the young portfolios tracked here at ITA Wealth Management.  Since the last update, a deposit of $500 was added to the portfolio and a few shares of International REITs (RWX) were purchased.  This is the first addition of international REITs in the Kenilworth. We are still working this portfolio into … [Read More...]

Investment Articles of Interest

Two articles of interest to investors are the following. The first article was written by Geoff Considine with the title, An Important Challenge to "Stocks for the Long Run."  Jeremy Siegel is the author of the 'Long Run' book. The second article is actually a transcript of a debate between Siegel and Zvi Bodie.  This paper can be found on one of my blog sites … [Read More...]

200 Level

Optimized Mosaic Portfolio

While the following portfolio is not exactly one of the eleven portfolios tracked here at ITA Wealth Management, there are many similar ingredients.  To create this portfolio I selected 26 ETFs that are frequently part of at least one ITA portfolio.  Familiar ETFs such as VTI, VEU, VWO, DVY, VTV, IWN, VOE, VOT, VNQ, RWX, etc. are among the 26 ETFs.  Nine (9) bond ETFs were in the group, but most … [Read More...]

Seeking Alpha Article on Establishing Goals

Readers will find an article on some of the goals I set when building a portfolio over at Seeking Alpha.  Check it out.  I hope to elaborate on this goals in the coming weeks. Lowell … [Read More...]

400 Level

Modified Sortino Ratio and Retirement Ratio: A Review of Uncertainty Measurements

  While the Sortino ratio was an improvement versus the old methods for measuring portfolio performance against a standard, Retirement Ratio sets even a high performance bar.  The old Sortino Ratio looked like the following. S = (P - B)/DR where S = Sortino Ratio P = IRR for Portfolio B = IRR for Benchmark (we now use the customized ITA Index in our calculations) DR = Downside risk … [Read More...]

Bullish Percent Indicators for 11 January 2013

Overall, most of the indexes and individual sectors showed strength this week when measured by the Bullish Percent Indicators.  The following tables speak for themselves.  Offense definitely dominates both the broad indexes and the specific sectors of the market. … [Read More...]