100 Level

Where To Begin If You Have Never Managed A Portfolio

If someone asked you what to do with an inheritance or 401(k) sum of money, what advice would you give them?  Here are some basic ideas for a novice investor. Assume the money is in your checking account and available to be invested. Open up a broker account with a discount broker.  For example, go to a "bricks and mortar" location if possible and fill out the forms.  A good idea is to print … [Read More...]

Must Read Article

Platinum members will definitely want to read the referenced article that is predicting a collapse of the bond market.  For several weeks I've been cool on bond ETFs even though several portfolios continue to hold small positions.  We can all see the headlight of the coming train, but our resolution is insufficient to tell us how soon the train will be upon us.  Like the author, … [Read More...]

300 Level

Valuation Oriented Stocks

Screening for stocks based on several valuation models unveils 9 interesting companies.  Below is the screening criteria and the stocks that survived the screen. The following information is available only to Platinum members and may not be extracted for publication elsewhere. … [Read More...]

Kepler Portfolio Update

Below is the Dashboard or asset allocation plan for the Kepler Portfolio.  Readers will note a number of asset classes are either above target (bright red) or below target (purple).  I've made some shifts in the Strategic Asset Allocation and those shifts are the primary reasons this portfolio needs so much attention.  In a number of cases, limit orders are in place to purchase … [Read More...]

200 Level

Portfolioist Portfolio: Looking For Additional Diversification

Before digging into the following Quantext Portfolio Planner (QPP) analysis too deeply, read Geoff Considine's articles on portfolio diversification.  The first article lays out the basic logic for diversification and the second article goes into more details.  In the following analysis, I take the portfolio and run it through the QPP wringer to see what projections are in store for … [Read More...]

Portfolio Performance: 16 September 2011

After a strong week of market gains, much of the rise was domestic as the international markets, commodities, etc. were a drag on our diversified portfolios.  A few portfolios showed gains in the Retirement Ratio, but the relative performance was lacking when measured against the VTSMX benchmark.  Holding SDS and cash had negative effects on both the Curie and Newton portfolios. To see … [Read More...]

400 Level

Bullish Percent Indicators Take Hit

As projected for a number of weeks, the market finally took a breather and retraced this past week.  The evidence is clear when one examines the index and sector tables. Index BPIs:  We find every index below the 70% line or what we think of as an overbought condition.  While we are not rooting for the market to decline, we are well aware that it cannot maintain those lofty heights for an … [Read More...]

Tactical Plan for Maxwell & Euclid Portfolios

As mentioned in an earlier post, I need to set out a plan of action so as to pull the IRR values of both the Maxwell and Euclid portfolios ahead of the IRR for the VTSMX benchmark.  Both portfolios are lagging, in part due to inattention and carrying too much cash.  The follow approach is designed to turn this around. This material is not available for Seeking Alpha. … [Read More...]