100 Level

Financial Literacy: Do You Have It?

This morning as I was reading Seeking Alpha articles, "Financial Literacy A Hoax?" popped out as one of interest to ITA Wealth Management readers.  Don't miss Paul Farrell's article that sparked the Roger Nusbaum article.  Have any of you used any of these Financial Literacy programs?  I've not so I am not aware of their usefulness. … [Read More...]

Why Take the Passive Path to Investing?

Let's step back a moment and examine some facts.  One of the longest bull markets of my life occurred from August of 1982 through 2007.  Some may say the bull market ended in March of 2000.  Blackstar Funds studied all common stocks that were traded on the NASDAQ, NYSE, and AMEX during the longer period (actually 1983 - 2007).  The universe of stocks numbered over 8,000 or stocks that qualified … [Read More...]

300 Level

Sample Portfolio of 40 Stocks

The following list of forty (40) stocks was suggested by a reader for Quantext Portfolio Planner (QPP) analysis.  Long time readers of ITA know that QPP is a software program developed by Geoff Considine, author of a blog, The Portfolioist. QPP Analysis:  The following list of 40 stocks results in a well-diversified portfolio as indicated by the Diversification Metric.  Anything over 40% is … [Read More...]

ITA Rebalance Spreadsheet Available To Platinum Members

As mentioned in a comment, I have a new spreadsheet available for Platinum members who are not inclined to learn how to use the ITA Spreadsheet, but would like a way to set up a Strategic Asset Allocation model with guidelines for rebalancing.  Hence, the development of the ITA Rebalancing spreadsheet. Here is the link. … [Read More...]

200 Level

Performance of Portfolios: 23 December 2011

Portfolio Performance Data Once more, the ten portfolios had a good week in an absolute sense, but most gave up some gains when measured against the VTSMX benchmark.  The numbers are telling me that the U.S. Equities market is stronger than the international markets.  Global exposure is a drag on these portfolios as we hold EFA, EPP, VEU, VWO, and RWX.  When updating the values, … [Read More...]

Portfolio for 30-Year Old

If you are between the ages of 25 and 35, you might find this analysis of interest.  I submitted this article to Seeking Alpha yesterday. Later this morning I look for an update of the Curie Portfolio. If this were the end of the month instead of the Winter Solstice, we would be taking out full positions in VTI, IWN, and VNQ.  Obviously, the U.S. market is performing much better than … [Read More...]

400 Level

Broad Market Outlook Based on Bullish Percent Index

Based only on gut feeling, most of us would expect rather good numbers to show up this week when we drill down into the Bullish Percent Index values for the major indexes and individual sectors.  The following two tables will not be a surprise if this is your impression of the trading week just passed.  First, the major markets. Index BPI:  All indexes showed a slight uptick in the actual … [Read More...]

Bullish Percent Indicators Are Not Calling For a Panic

Regardless of the "fiscal cliff" problems, the Bullish Percent Indicators for both the broad indexes and individual sectors are not showing any signs of a panic or sell-off.  There are even pockets of strength as Platinum members will see in the following slides. The following material is not available for publication elsewhere on the Internet. … [Read More...]