100 Level

Alternative Portfolio: Increasing Allocation to PAAIX

Last week I published two portfolios that included the private equity ETF, PSP.  Here are links to the first and the second portfolios.  In the following portfolio, the allocation to PAAIX is moved up to 24% in hopes of pulling down portfolio volatility.  The assumptions in this analysis are identical to the previous two portfolios.  I did include last Friday's data in this … [Read More...]

We All Love Ennio Morricone

The CD recommendation for the week is Soundtrack music from the "We All Love Ennio Morricone" recording. My recording has a few glitches so it is anything but perfect. If you are not familiar with Morricone, this is a good introduction.  Read the Amazon reviews as they are, in general, quite accurate. … [Read More...]

300 Level

Kepler Portfolio Review: 29 August 2011

If there is one portfolio that is hitting the sweet spot when it comes to meeting the asset allocation plan, the Kepler Portfolio is the master.  Check out the Dashboard from the TLH Spreadsheet below.  Since this is not a large portfolio, I decided to hold the Threshold to 25%.  Moving the percentage down to 20% would have pushed emerging markets into an underweight position, but I … [Read More...]

“Creme List”: June 17, 2011

"Creme List" for the Week Twenty-one companies made the elite list this week and only Home Depot (HD) was cast to the sidelines after not scoring for 13 weeks.  No new companies worked their way on to the "Creme List." … [Read More...]

200 Level

ITA Asset Allocation Philosophy

Do you ever ask why ITA Wealth Management is such a strong advocate for developing an asset allocation (AA) plan?  While academic studies of the late 1980s placed more importance on asset allocation than more recent studies, there still does not appear to be any portfolio models that outshine broad diversification through asset allocation. Further, complete and in depth studies as to the … [Read More...]

Portfolio Performance: 16 March 2012

Results for the week of March 16th shows the continued power of the broad U.S. Equities market.  The VTSMX benchmark moves forward while broadly diversified portfolios advance, but not to the same degree.  This difference in performance was again the case for nearly every portfolio in the following data table. Should we change the diversification within the portfolios?  Not at this … [Read More...]

400 Level

March Examination of the Madison Portfolio

The 24th of each month is the day to examine the Madison Portfolio so I will use closing prices on the business day closest to that date.  Below is the Dashboard (extracted from the TLH Spreadsheet) for the Madison. … [Read More...]

Improving On The Simple Nine Global ETF Portfolio

While there are advantages to keeping a portfolio simple, there are also disadvantages.  For example, one will miss opportunities by not including asset classes that have been shown by Fama and French to add value to the portfolio.  Namely, value asset classes such as small-cap value (VBR).  We don't want to eliminate asset classes just to keep the portfolio simple.  The Ranking data table shows a … [Read More...]