100 Level

Broad Market Outlook Beginning to Show Cracks

As anticipated for a number of weeks, the broad U.S. Equities market is showing the first signs of cracking.  The following Bullish Percent Indicator tables provide the evidence. The following information is not available for publication elsewhere on the Internet. Broad Index BPIs:  All major indexes are now controlled by defensive teams as all show O's in the right-hand column when examined … [Read More...]

Grandchildren: Pay Attention

Photograph: Main gate to the University of Glasgow in Scotland. Over the next two weeks I will be posting ten ideas that ITA Wealth Managment readers should pass on to their grandchildren if not their children.  Most of these suggestions are a review for long-time ITA Wealth Management readers.  However, they still merit review as these ideas are fundamental to successful … [Read More...]

300 Level

What Is A Good Sortino Ratio?

Seeking a Good Sortino Ratio A reader of ITA Wealth Management was seeking an answer to the question, what is a good Sortino Ratio?  The simple and quick answer is - anything above zero.  Check this definition of the SR.  While the equation is quite simple, the difficulty comes in calculating the denominator. SR = (P - T)/DR where P is the portfolio return T is a portfolio … [Read More...]

Bohr Portfolio Update: 21 May 2012

Due to missing a recent purchase of PowerShares Emerging Markets Sovereign Debt (PCY), the performance of the Bohr Portfolio is actually a bit higher than reported in the recent Portfolio Performance post.  I call the Emerging Markets Sovereign Debt an International Bond asset class.  The purchase was only five shares, or a minor investment just to set up a new asset class for this … [Read More...]

200 Level

Lost My Spouse – Part III

Determine your long-term cash flow. How much monthly income is required?  Will income from pension and social security meet the cash flow requirements or is additional money required from the portfolio?  For most single retired individuals, some income is required from the portfolio.  My recommendation is to pull no more than 4% annually from the portfolio.  The lower the … [Read More...]

Portfolio #4: Ages 56 – 65

As with the portfolio for ages 36 - 55, this portfolio covers a critical period in life.  This is a time when one can normally increase the monthly savings rate.  The children are likely educated and the house is, or will be paid off.  Extra dollars can be funneled into this portfolio.  As the investor moves toward retirement, the portfolio becomes more conservative in that … [Read More...]

400 Level

Delta Factor Projections for International ETFs

Nearly two months ago I published "Delta Factor" projections for a wide array of international ETFs.  Using data from the last three years, what are the current projections and of those showing a Buy opportunity, which are most promising to grow over the next six to twelve months.  The data table makes for a colorful array of options. … [Read More...]

Quantitative Approach to Portfolio Management

In the experiment to improve the performance of the Maxwell and Euclid portfolios we need a basic set of ETFs to form the core for our investments.  This quantitative approach is an outlier in our portfolio management philosophy as it has the potential for more trading.  For this reason, I will be using ETFs that are part of TDAmeritrade's 100+ commission free trades.  Below is … [Read More...]