100 Level

How Would You Balance the Federal Budget?

If Congress were to ask you how to balance the federal budget, what suggestions would you pass on? Place your suggestions in the comment section below.   Photograph: Longboat Key - Sarasota, FL … [Read More...]

Market Timing or Portfolio Hedge

One of the strongest proponents for staying in the market and avoiding market timing is Charles D. Ellis.  In his book, "Winning the Loser's Game" he writes, "The long, sad history of market timing is clear: Virtually nobody gets it right even half the time. And the cost of getting it wrong wipes out the occasional gain of getting it right. So the average investor's … [Read More...]

300 Level

“Ten” Ivy ETF Portfolio

Ivy 10 Portfolio As you read through this 10-ETF portfolio, you may want to toggle back and forth between the latest analysis and this analysis I finished approximately four and one-half months ago. When I last analyzed the Ivy 10, little was gained by moving from five to ten ETFs. That is still the case.  In the 10-ETF portfolio, there are not ten different asset classes.  In my … [Read More...]

Dividend Aristocrats Ten Months Later

Nearly ten months ago a list of dividend oriented stocks were discussed on Seeking Alpha.  From the list of 42 Dividend Aristocrats, I honed in on those listed as a Buy.  Fifteen stocks made that elite list.  What kind of portfolio would an investor end up with when placed under the Quantext Portfolio Planner (QPP) microscope?  There are a few surprises as readers will see … [Read More...]

200 Level

The Power of Asset Allocation

Photograph: River activity on the Rhine River With permission from a Platinum member, here are some statistic of a portfolio launched in early January of 2002.  At the close last week, this portfolio generated an annualized return of 8.1% vs. 4.8% for the VTSMX benchmark.  That 3.3% point difference on an annualized basis resulted in a $26,573 portfolio moving up to $47,235 over the … [Read More...]

Portfolio for 25-Year Old: The Positives and Negatives

As a followup to William Bernstein's e-book, "The Ages of the Investor," what might a portfolio look like for a 25-year old investor?  The following portfolio is built around 15 ETFs that cover the U.S. Equities market, developed international markets, commodities, emerging markets, both domestic and international REITs, sovereign debt, bonds, and treasuries.  In other words, we are diversifying … [Read More...]

400 Level

Equity ETF “Delta Factor” Projections: Three & Five Years

What are the projections for Equity ETFs using three and five years of historical data?  The projections based on five-years of historical data spans the "Great Recession of 2008" while the three-years of historical data includes one of the better bull markets of recent memory.  With this historical context, we can almost visualize the projections for the following "Delta Factor" data tables.  … [Read More...]

Bullish Percent Indicators for 11 January 2013

Overall, most of the indexes and individual sectors showed strength this week when measured by the Bullish Percent Indicators.  The following tables speak for themselves.  Offense definitely dominates both the broad indexes and the specific sectors of the market. … [Read More...]