100 Level

ITA Receives Special Attention

A few weeks ago, while I was relaxing in the basement, a telephone call from a well-known investment house showed up on my caller identification screen.  Assuming it was a "chum for client" call, I did not pick up.  However, my wife answered the phone and told me "ABC Investments" wanted to speak with me. I was prepared to "stiff-arm" any requests to … [Read More...]

Membership Reminder

This reminder is particularly for Platinum members who, when signed into ITA Wealth Management, see both Gold and Platinum show up under Level. … [Read More...]

300 Level

Portfolio Management and ITA Index

Yesterday I mentioned in a comment and posted in the center footer that the distributions for the VTSMX and VFINX index funds are available.  If you are using the TLH Spreadsheet and received a warning signal behind the two radio buttons on the primary (frequently called Mosaic) worksheet, you need to update the distribution page.  I don't think I have a Camtasia audio/video clip of … [Read More...]

Einstein Portfolio Update: 12 June 2013

Here is the latest information on the Einstein Portfolio.  This review includes the Dashboard, Performance, Efficient Frontier, ETF Rankings, and Buy-Hold-Sell Recommendations.  We begin with the Dashboard. Dashboard:  Precious Metals (GLD) and Commodities (DBC) continue to be priced well below their 195-Day Exponential Moving Averages (EMA) so we are staying on the sidelines with those two … [Read More...]

200 Level

ITA Portfolio Performance: 28 January 2012

What a great week for the eleven ITA Wealth Management portfolios!  All showed both absolute and relative positive performance returns.  Every portfolio gained ground on the VTSMX benchmark.  The simple reason is due to rising prices in developed international markets (VEU), emerging markets (VWO), and international REITs (RWX).  In other words, our globally diversified … [Read More...]

Portfolio Performance: 4 February 2011

Portfolios tracked using Captool are updated as of 01/31/2011.  I am still behind bringing the TLH spreadsheets up-to-date.  As I enter that material, I will also enter the data in the table below, so refresh the browser screen to make sure you have the latest information.  In almost all cases, we gained ground on the benchmarks and improved the Return/Risk ratios since the last … [Read More...]

400 Level

Retirement Target Return Revisited

Retirement Target Return Investors always have a goal for their portfolio, whether stated directly or indirectly.  For some it may be as simple as to not lose money.  For others it is to outperform a benchmark.  Exactly what is the Retirement Target Return (RTR) and how does it fit in with portfolio risk management?  RTR is one of the factors found in the Retirement Ratio (RR) … [Read More...]

Passive vs. Active Investing

Why do large endowment funds use a passive investment strategy? Is it due to fund size and their portfolios are so large they mirror the market? Again, quoting from my “Active vs. Passive” paper, we have the following. “An estimated 40% to 50% of all institutional monies are in index or passive portfolios while only 3% to 4% of retail investors make use of passive strategies. … [Read More...]