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...]

Top Ten Investment Books: A Revised List

  Education is a crucial step toward financial success. Where does one begin when trying to come up with the top ten investment books?  Here is my revised list, but be forewarned, this is not a list of books that focus on either fundamental analysis of stocks, nor is it a list of books explaining technical analysis.  In fact, the list below is the antithesis of stock picking.  My … [Read More...]

300 Level

QPP Analysis of Actively Managed Mutual Fund Portfolio

Actively Managed Mutual Fund Portfolio The following QPP analysis is one where the portfolio is made up of actively managed mutual funds.  Long-time readers know my opinion about such funds, even though I used them throughout my teaching career.  It was a mistake.  Data was missing for JVLAX so I lumped the money market funds and the percentage (9.54%) held in JVLAX into … [Read More...]

Curie Portfolio Review: 8 March 2012

It is again time to update the Curie Portfolio so we once more begin with the Dashboard, the worksheet extracted from the TLH Spreadsheet.  For new readers, the Dashboard is the Strategic Asset Allocation plan for the portfolio.  ITA readers will note the portfolio is skewed or tilted toward the value side of the investing spectrum.  Since the last update, I made a few minor 1% … [Read More...]

200 Level

What Does It Take To Retire?

What does it take in savings to live during retirement? Here is data readers may find of interest as they think about portfolio development and eventual retirement. A couple nearing retirement anticipate they will need $80,000 after taxes per year to live during their first year without employment. Between them they will receive a pension of $2,000 per month or $24,000 per year. These are all … [Read More...]

Hedging the Simple Seven ETF Portfolio

In the last blog entry yesterday, I proposed a simple seven ETF portfolio that generated a Return/Uncertainty ratio of 0.57.  This is very close to our baseline of something greater than 0.60.  In the following portfolio, assume one sold off the 10% holding in VTI and shifted those assets over to the ultra-short SDS ETF.  There needs to be some reason for making the shift, but for … [Read More...]

400 Level

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...]

Bullish Percent Indexes: 16 August 2013

As one might expect, general decline showed up in both the Bullish Percent Indexes and sector BPI data.  There was one major exception among the sectors and I will get to that later.  We first examine the major indexes and then sectors of the market. … [Read More...]