100 Level

How Does ITA Wealth Management Differ From Other Investment Blogs?

Photograph:  One of many sail boats returning to the Amsterdam harbor after a day of racing. How is ITA Wealth Management unique?  What are the attractions and special features of ITA Wealth Management?  Why should anyone consider taking out a Platinum membership?  Listed below are a few reasons for following this blog. Working portfolios are tracked at ITA Wealth … [Read More...]

Rachmaninoff Piano Concerto #2 and Sarah Brightman: Two Recommendations

Rachmaninoff's piano concerto #2 is the CD recommendation for the week of May 26, 2013.  As a bonus, you will also receive Rhapsody On A Theme of Paganini. I second this Amazon evaluation of this recording. "This is one of the finest performance and recording of these pieces available. Gary Graffman shows his brilliant talent in these interpretations of Rachmaninoff. Far too many think that … [Read More...]

300 Level

Benchmarking The Portfolio

Establishing an appropriate benchmark for a portfolio is essential if one is serious about investing.  Avoiding portfolio benchmarking is an act of self-deception, but all too common with the average investor.  Exactly what is the purpose of a benchmark and what are the requirements for a fair and reasonable benchmark.  Here is one definition of benchmarking. In the investing … [Read More...]

Benchmarking a Portfolio: Essential to Portfolio Management

Waterford, Virginia ITA Wealth Management readers know I am passionate about portfolio benchmarking and portfolio risk analysis.  To my knowledge, there is no better software program for the small investor than the TLH Spreadsheet, provided to all Platinum members.  We use two primary benchmarks in this spreadsheet, although four are available.  One is Vanguard's Total Stock … [Read More...]

200 Level

Active vs. Passive Investing: Part 10

Section Ten of the Active vs. Passive Investing paper begins with this quote.  "Show me a system that will consistently outperform the index...then we'll see."  The author has it correct - there is no such system, particularly for active investors.  Index or passive investors are asking the wrong question if they are looking for active investors to come up with a … [Read More...]

Low Risk Retirement Portfolio

Yesterday, I wrote an article for Seeking Alpha and one reader suggested a simple portfolio where equal percentages be allocated to VTI, GLD, SHY, and TLT.  Exactly what does such a portfolio look like when a Quantext Portfolio Planner (QPP) analysis is applied?  What does the correlation matrix look like and would such a portfolio work as one prepares for retirement?  The following … [Read More...]

400 Level

“New Normal” Portfolio Analyzed

Long-time readers of ITA Wealth Management are familiar with the "New Normal" portfolio, a risk oriented portfolio developed by a Platinum member.  Following is an analysis of an approximation of the NN portfolio.  Approximate in the sense that several tickers were combined into one as the "Ranking Software" will not handle more than twenty investments in one run.  In addition I substituted XOM … [Read More...]

Portfolio Preparation for Euclid and Maxwell Portfolios

In preparation to activate the return-uncertainty plan for the two under performing portfolios, I set up several sell moves for each portfolio.  The first thing I did was to place trailing stop loss orders for each ETF now in the portfolio, but not part of the future plan.  Shares of VOE, VBR, VOT, VO, VTV, and VSS will be sold when the strike price is hit for each ETF. … [Read More...]