100 Level

MEDA Trust Update: 25 February 2011

MEDA Information "The poor stay poor not because they are lazy, but because they have no access to capital." - Milton Friedman It has been several weeks since I last gave an update as to what is happening with the ITA Wealth Management membership fees I am donating to MEDA Trust.  Check out the link if you want to know more about this organization. Over the last few years my … [Read More...]

Portfolio Construction: Asset Allocation Percentages Are Vital To Success

 Photograph: Fisherman in Greek Islands   This Blog is dedicated to helping the beginning investor build and monitor a portfolio.  Here are a few of the basic guidelines. Skew the portfolio toward small-cap ETFs and play down large-cap ETFs.  Evidence for this shows up in the Portfolio Performance data tables. Emphasize value over growth as value outperforms growth … [Read More...]

300 Level

Sample Portfolio For Thirty (30) Year Old Investor

The following portfolio was passed on to me by a Platinum member as an example of a Strategic Asset Allocation plan for a thirty year-old investor.  Nine ETFs are used in this portfolio and many of the investment securities are familiar to ITA readers.  In fact, all nine Exchange Traded Funds can be found in one or more portfolios with exception of RWO.  RWO is a global real estate … [Read More...]

Kenilworth Portfolio Update: 17 October 2011

Although the regular review for the Kenilworth is a few weeks away, purchases and sales this month are reasons for updating the portfolio today.  Readers will note some changes in the Strategic Asset Allocation plan.  For example, shares of VO and VB were sold out of the blend asset classes and those assets were shifted to VTI, the large-cap blend ETF.  VO and VB are highly … [Read More...]

200 Level

Harry Browne’s Permanent Portfolio

Risk-Parity Look at Permanent Portfolio Much is written about Harry Browne's Permanent Portfolio, particularly since it held up well during the "Black Swan" markets of the early 21st century.  Below is a look at the equal allocation plan as advocated by Browne, and a Risk-Parity examination of the same four asset classes.  Both the equal allocation and Risk-Parity … [Read More...]

Feynman Portfolio Study – Part 1

This first Part of the Study identifies the 10 Asset Groups and 18 individual EFTs that comprise the Feynman Portfolio and looks at the general market behavior, as defined by the Vanguard Total Stock Market Fund (VTSMX), over the 6 year period from 06/29/2007 to 06/30/2003.  The VTSMX will be used as the reference, or benchmark, for comparison of portfolio performance through each future phase of … [Read More...]

400 Level

Examining Critical Risk Reduction ETFs

This is examination day for the Maxwell Portfolio and the market is in a swoon.  A few minutes ago I look at the "Critical Eight" ETFs and they are: VTI, IWN, VEU, VWO, VNQ, RWX, DBC, and PCY.  All are still priced above their 195-Day EMA, but some are getting close to crossing the EMA line.  For this reason, I will be waiting for the market to close before I make any … [Read More...]

“Delta Factor” Projections For Next Several Months

Every few weeks I post the market outlook for equity holdings (ETFs and/or stocks) we use in many of the portfolios.  The table below shows the probability projections based on what I call the "Delta Factor." … [Read More...]