100 Level

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...]

Pillars of Investing: William Bernstein Advice

  Photograph: The original Fitzcarraldo boat. William Bernstein's outstanding investment book, "The Four Pillars of Investing" defines four pillars of investing and these broad areas include the following. 1.  The Theory of Investing. 2.  The History of Investing. 3.  The Psychology of Investing. 4.  The Business of Investing. If I were asked to … [Read More...]

300 Level

Bohr QPP Projections

Using current ETF percentages held in the Bohr Portfolio, what are the Quantext Portfolio Planner (QPP) projections indicating for the next several months?  The S&P 500 is assumed to grow at 7.0% over the next year.  In the prior blog post, I showed the Efficient Frontier graph, and it presents a somewhat defensive portfolio.  This QPP projection shows much the same expectation going … [Read More...]

Four Stocks Emerge From Current Piotroski High-F Screen

From time to time I post a list of stocks that emerge from something known as the Piotroski F-High Screen..  Exactly what is the Piotroski F-High score?  Here are links explaining this metric or should I say, metrics. This material is not available for publication anywhere on the Internet. … [Read More...]

200 Level

Capital Markets Outlook and Retirement Payout Percentage

Platinum members are well aware of my conservative recommendations when it comes to the payout percentage during retirement.  While it is common to suggest a payout of 5% during retirement, I advocate pulling out as little as 2% per year and no more than 4%.  Lowering the payout rate "insures" one will not run out of money in retirement.  I hope to have a spreadsheet that … [Read More...]

Asset Allocation: Selecting A Plan

In response to questions that continue to emerge from readers regarding asset allocation breakdowns for various portfolios, I put together the following data table.  The first thing I did was to select seventeen (17) commission free (free to TDAmeritrade clients) ETFs that can be used to populate all the asset classes one might need to put together a portfolio.  If a user so desired, the … [Read More...]

400 Level

Coming Soon: New Test Portfolio

This week I plan to set up a new test portfolio that will be of interest to Platinum readers.  The portfolio is based on the ITA Risk Reduction model described in prior posts.  This portfolio will begin with a deposit of $10,000 and the Strategic Asset Allocation plan will look like the following screen shot. … [Read More...]

Risk Reduction Comments

Next week, February 6th, the Maxwell portfolio is up for ITA Risk Reduction examination.  When I checked this morning, before the market opened, all the ETFs used in the Maxwell were priced above their respective 195-Day EMAs.  That well could change by next week.  For example, the commodity, DBC, was only nine cents above its 195-Day EMA.  This raises an interesting … [Read More...]