100 Level

Developing a Portfolio Plan

Basic Suggestions in Portfolio Development* In the beginning stages of setting up a portfolio plan, there are a few essential decisions investors make. Here are a few hints to consider. Follow "The Golden Rule of Investing." Save as much as you can as early as you can. Develop a savings plan as there is no avoiding this step. Live below your means.  Learn … [Read More...]

Muling

Photograph: Fort in Savannah, GA Have you ever heard of "Muling?"  It was new term to me until this week when a former student sent me this URL.  Check it out. … [Read More...]

300 Level

Sortino Ratio

Sortino Ratio: Calculation Steps Calculating the Sortino Ratio is not too difficult assuming you have historical data for the Internal Rate of Return (IRR) of the portfolio and the IRR for a benchmark. Here at ITA Wealth Management our primary benchmark is Vanguard's Total Market Index Fund, or VTSMX. Eventually we plan to move to the ITA Index, a customized benchmark for each portfolio. In … [Read More...]

New Normal Portfolio Update

It has been several months since I last updated the "New Normal" portfolio so I am unsure as to whether this portfolio still contains the ETFs listed in the following QPP analysis.  Regardless, there are a number of positive possibilities in this portfolio as it is designed for bear market protection. This material is not available for publication elsewhere on the Internet. … [Read More...]

200 Level

Asset Allocation and Benchmarking Portfolio

A few days ago I read the following comment.  I did not question the reasoning behind this statement.  "Calculating return is relatively pointless if you are investing in indices." While the point of not calculating the portfolio return may make sense for the investor who selects one or two broad index funds for their complete portfolio, it lacks sound reasoning for … [Read More...]

Wild Wake-Up Portfolio For The Aggressive Investor

If you are looking for simplicity with sufficient risk that one will need to employ the ITA Risk Reduction model, check out the Quantext Portfolio Planner (QPP) analysis of this six asset portfolio. Platinum membership available for a mere $5.00 per month.  Monitor your portfolio and quickly pay for the membership. … [Read More...]

400 Level

Portfolio Risk: Do You Know The Value?

This morning I was in a discussion involving indexes, benchmarks, and portfolio risk.  In one exchange, I asked the reader if he knew anyone who could tell him what risk was involved in their portfolio.  Asking the question demanded an answer from me and the portfolios I track.  Here are the latest risk percentages from the seven portfolios available to Platinum members. The black … [Read More...]

Bullish Percent Indicators Update: 5 April 2013

We are finally beginning to see weakness in several markets, not that this is a desired outcome.  However, with most of the major markets and sectors at "nose bleed" levels, it is only a matter of time before cracks begin to show.  That time has come, although it is still very minor.  Here is the evidence. The following material is not available for publication elsewhere on the Internet. … [Read More...]