100 Level

Pay Attention to Your Portfolio: Sample Portfolio Included

Whether you are a beginning or experienced investor, it is important to review and update your portfolio annually if not monthly.  ITA portfolios are reviewed and updated every 33 days.  The updating difficulty is highly dependent on what securities are used to populate the portfolio.  If individual stocks are used the task is more onerous as each stock needs to be reviewed in detail.  Further, … [Read More...]

Failure To Use Index Instruments Is Investor Mistake #3

Investor mistakes one and two, failure to save early and neglect to develop an investment plan are interchangeable in their ranking.  The order of the following mistakes is not all that important either.  Take heart as I think I made all these mistakes.  Fortunately, I did begin to seriously save in my early to mid-thirties.  Even that is a late start.  I had no investment plan when I began saving … [Read More...]

300 Level

Einstein Portfolio Review: 20 May 2013

Thirty-three days passed since the last complete update of the Einstein Portfolio.  The following analysis includes the current Efficient Frontier, ranking of securities, and a table of the Buy-Hold-Sell recommendations. Efficient Frontier: A quick glance at the EF graph below provides evidence this portfolio is not optimized based on the constraints I place on the asset classes and individual … [Read More...]

“Creme List” for 7 October 2011

Low Price/Book Stocks Below are six stocks that made the cut from over 10,000 companies.  This is a highly selective screen. Platinum membership is available for $5.00 per month.  Access to the "Creme List" is more than worth the membership cost. … [Read More...]

200 Level

Active vs. Passive Investing: Part 10

Section Ten of the Active vs. Passive Investing paper begins with this quote.  "Show me a system that will consistently outperform the index...then we'll see."  The author has it correct - there is no such system, particularly for active investors.  Index or passive investors are asking the wrong question if they are looking for active investors to come up with a … [Read More...]

Asset Allocation: How Important Today?

Asset Allocation Due to a recent Ibbotson study (Unfortunately, this article now requires one to register.) asset allocation is not the investment elixir today it was thought to be in the late 1980s and 1990s. Nevertheless, it remains the best method for constructing portfolios if our goal is to outperform a broad market benchmark index such as the VTSMX while reducing portfolio risk. Readers of … [Read More...]

400 Level

Bullish Percent Indicators Continue To Show Market Weakness

Last week the Bullish Percent Indicators (BPI) began to show cracks.  This week those cracks opened up further, but not to crevasse proportions.  There was one exception within sectors as you will see below. This material is not available for publication elsewhere on the Internet. … [Read More...]

The Delta Factor and International Markets

Recently I was looking at Price-195-Day EMA graphs for a number of international countries and I came upon one for Italy, a country in distress.  While I normally view this graph over a one-year period to gain additional clarity, I changed the scale to three years as that is the time frame I used for the QPP and Delta Factor analysis.  I noticed that EWI hit a peak around May of 2012.  As a … [Read More...]