100 Level

Why Take the Passive Path to Investing?

Let's step back a moment and examine some facts.  One of the longest bull markets of my life occurred from August of 1982 through 2007.  Some may say the bull market ended in March of 2000.  Blackstar Funds studied all common stocks that were traded on the NASDAQ, NYSE, and AMEX during the longer period (actually 1983 - 2007).  The universe of stocks numbered over 8,000 or stocks that qualified … [Read More...]

A Random Walk Down Wall Street: 10th Edition

Burton G. Malkiel's "Random Walk" Book Every investor should have "A Random Walk" on their bookshelf, ready to pull off, read, review, study, and read again.  Burton Malkiel gets it right.  Build the core of the portfolio using index funds or index ETFs.  If you want to sprinkle a few individual stocks into the mix, go ahead.  That is where the … [Read More...]

300 Level

ETF Rankings: VNQI for RWX

In the following rankings, I substituted VNQI for RWX as it shows up as a better performer in the international REIT space over the past two plus years.  Otherwise, this is the list of ETFs readers can use to populate their portfolios.  A few things to note.  An international bond (BWX) and a corporate bond (LQD) ETF moved from below to above the performance of SHY.  This is the first I've seen … [Read More...]

Examining Equity Markets Using the “Delta Factor”

Read this article as it supports the findings of the "Delta Factor" probability projections shown below.  To learn more about the Gordon Equation, search that term on this blog. Which equity ETFs have the greatest probability of doing well over the next six to twelve months?  The following analysis looks at both a three- and five-year history of a variety of equity ETFs.  … [Read More...]

200 Level

Portfolio Performance Data: 4 March 2011

Photograph: Harley at the cabin in Central Oregon Platinum members will find the performance data below.  This is the first complete update since the February statements became available.  In almost every situation, the portfolios gained ground on the VTSMX index.  Quite a few showed improvement in the Sortino and Retirement Ratios, possibly the key measurement. Platinum … [Read More...]

Which ETFs To Use When Constructing A New Portfolio

Which ETFs do I recommend for different asset classes when putting together that first portfolio?  The first move is to decide which asset classes to use.  Twenty-five months ago I posted this Asset Allocation blog and little has changed over that time.  One error in the table is the position of VEA.  That ETF should be included in the Developed International Equities box rather than the Emerging … [Read More...]

400 Level

Bullish Percent Indicator: Six Risk Levels

Readers interested in digging deeper into Point and Figure (PnF) technical analysis will be served by purchasing Thomas J. Dorsey's book, Point & Figure Charting.  His latest edition is available in Kindle format, but I prefer this type of book in hardback as I want to easily bounce from section to section.  That becomes more difficult with a Kindle. A.W. Cohen is considered the … [Read More...]

Four Sector ETFs Outperforming the Broad Market

Three sector ETFs, Consumer Discretionary (VCR), Healthcare (VHT), and Financials (VFH) have consistently been performing above Vanguard's Total Market ETF, VTI, for a number of weeks. Today, another sector ETF, Industrials (VIS) pulled ahead of VTI. When ranking securities within a portfolio, VTI is used as a performance benchmark and any sector ETF that outperforms the VTI is included in the … [Read More...]