100 Level

Grandchildren: Educate Yourself By Reading

Read Only the Best Investment Books This is hint number seven in this Grandchildren Series. I could have easily placed this hint in position number one as advanced education by reading high quality investment books will save any investor from making many mistakes. Search on this blog for the following authors: Bernstein, Ferri, Gibson, Swedroe, Swensen, Hebner, Ellis, and Malkiel.  Arnott … [Read More...]

Basic Portfolio Update: Changes in Momentum

As the market rotates from day to day, changes will show up in any portfolio if one is following the "Dynamic" plus SHY model.  If you are new to the blog and do not know what I am referring to, be sure to read The Feynman Study.  For example, yesterday there were only two viable ETFs that were outperforming the SHY, our cutoff ETF.  As mentioned in a comment, only VBK and VTV were ranked above … [Read More...]

300 Level

Core ETFs Optimized for Maximum Return

To answer my own question of what ETFs are critical to most portfolios, I put together what I call the "Essential Twelve."  The plan is to cover the U.S. Equities, Emerging and Developed International Markets.  REITs, commodities, bond, and treasury instruments are included in the following analysis. The following information is not available for publication elsewhere on the Internet. … [Read More...]

Einstein Portfolio Update: 28 September 2011

Platinum members can witness that the Einstein Portfolio is coming very close to being in balance in all asset classes.  I placed limit orders to sell shares of VO and VB which will bring MCB and SCB back into balance.  With the small amount of available cash, I placed a limit order for BWX, an international treasure bond ETF.  As you can see from the Dashboard asset allocation plan … [Read More...]

200 Level

Retirement Planning

Just a short note to all readers that this is a "must read" article on retirement planning. This Portfolioist article is along the lines of all "The Golden Rule of Investing" blog posts I've written in the past. … [Read More...]

Harold Evensky’s Definition of Active and Passive Portfolio Management

Debating which investing style, passive or active, is the superior method is unlikely to end soon. The research is too conflicting and exceptions still exist. The difference of opinion has a long and acrimonious history – and it continues to this day. Before we enter the debate and provide some opinions, it is important to define what is meant by passive and active. A third investing style, the … [Read More...]

400 Level

Preparing a New Portfolio for a Customized Benchmark

Within the TLH Spreadsheet is the capability to develop a customized benchmark for any portfolio that uses any combination of the 17 asset classes found in this blog post. If you are new to ITA Wealth Management, note that we pay a lot of attention to asset allocation, even though it has recently fallen out of favor, particularly since the 2008 market crash.  Why build a customized … [Read More...]

Reducting Risk With The Euclid Portfolio

The 12th of the month is the day to closely examine each ETF used to populate the Euclid Portfolio, one of ITA Risk Reduction model portfolios.  While the markets have several hours before they close, it is highly unlikely any of the ETFs will change positions with their respective 195-Day Exponential Moving Averages (EMAs).  Here is the process I went through in my examination of the … [Read More...]