100 Level

Five Critical Investment Decisions

    Gordon Murray and Daniel Goldie lay out five investment decisions in their book, "The Investment Answer."  While not a complete list, these five will launch a beginning investor. If investors were to follow Murray and Goldie's advice, far fewer dollars would flow from portfolios into the coffers of Wall Street.  The following decisions are found on pages 6 … [Read More...]

Investment Advisor: Should You Use One?

Remember the little investment book, "The Investment Answer" written by Daniel C. Goldie and Gordon S. Murray and the five critical decisions each investor needs to make as they begin the journey of investing?  You recall that decision number one was the Do-It-Yourself Decision.  Goldie and Murray advocated finding a fee based investment advisor to help with the hard … [Read More...]

300 Level

Asset Allocation and Benchmarking Portfolio

A few days ago I read the following comment.  I did not question the reasoning behind this statement.  "Calculating return is relatively pointless if you are investing in indices." While the point of not calculating the portfolio return may make sense for the investor who selects one or two broad index funds for their complete portfolio, it lacks sound reasoning for … [Read More...]

Bohr Portfolio Review: 18 July 2011

Shown in the first slide is the Bohr Portfolio Dashboard from the TLH Spreadsheet.  Overall, this portfolio is in good shape with respect to its Strategic Asset Allocation plan.  Once we are past the debt limit crisis, I plan to gradually build up the International REITs asset class.  Otherwise, this portfolio is well positioned in the various asset classes.  If new cash is … [Read More...]

200 Level

Retirement Portfolio: A Possible Asset Allocation

Beginning with 100 shares in each of 40 ETFs, the Efficient Frontier and Buy-Hold-Sell recommendations are presented for a portfolio with constraints set to tilt the asset allocation toward bonds and more conservative investments. This information is not available for publication elsewhere on the Internet. Efficient Frontier:  Allocating 100 shares to each ETF sets up a portfolio that is … [Read More...]

Madison Portfolio Update: 18 April 2012

Examination of the eight critical asset classes held in the Madison show only commodities, as represented by DBC, is priced under its 195-Day EMA.  Both VEU and VWO are close to crossing below their respective EMAs so I will need to check those again a few hours after the market closes as it takes time for the index prices to settle out.  For now, I sold off the shares of DBC as there is … [Read More...]

400 Level

Reference Portfolio Analyzed

Using an array of ETFs, primarily commission free with TDAmeritrade, I ran a Momentum-Optimization Model (MOM) analysis for the purpose of showing new and experienced investors how the MOM can be used  to manage a portfolio.  Not everyone will be interested in this model as it does require more monitoring than the buy and hold approach. Consider MOM to be one level up in sophistication as … [Read More...]

Bullish Percent Indexes: 10 May 2013

BPI Index:  We experienced another good market for U.S. Equities and the following Bullish Percent Index data is testament to this fact.  The NYSE turned positive leaving only the NASDAQ in the hands of the defensive team.  With so many of the broad indexes in the over-bought zone (>70%) it is only a matter of time before we see some sort of draw-down.  This could take a few weeks, but it will … [Read More...]