100 Level

It All Begins With Saving

Any book, blog, manuscript, or discussion related to investing starts with saving.  Apply "The Golden Rule of Investing."  Simply stated, save as much as you can as early as you can.  Begin saving as early in life as possible.  When teaching young folks the importance of the Golden Rule, I presented them with a simple spreadsheet.  Here are the essential … [Read More...]

The Active vs. Passive Management Debate

Will there ever be a definitive answer to the active vs. passive management debate?  Likely not and here are possible reasons why we will never have a complete answer to which method is superior.  At the very core of the argument is lack of data, at least as it pertains to one level of the argument.  The active vs. passive argument is carried on at two levels.  One level is … [Read More...]

300 Level

Dividend Stocks For Mosaic Investors

Mosaic investors are those individuals who build their portfolios around a core of index ETFs, but choose to "spike" their portfolio with a few individual stocks. The following material is not available for publication elsewhere on the Internet. … [Read More...]

Einstein Portfolio Review

Since the last update 33 days ago, shares of VWO, EMB, DBC, and GTU were sold and shares of VOE and VTI were purchased.  The Hoadley Optimizer recommended eliminating EMB, DBC, and GTU and we still need more shares of VOE in the portfolio. Einstein Dashboard:  Due to some action this past month, this Dashboard looks a little bloody.  I'll be readjusting the Strategic Asset Allocation plan to … [Read More...]

200 Level

Captool Performance Data Table

February broker statements are available and I've been working since early morning updating the portfolios tracked using Captool software.  This past month was a good one for most investors as the portfolios, in general, gained ground on the benchmarks.  I'll know more details after updating the TLH spreadsheets.  The performance data table, shown below, is available to … [Read More...]

Steady As She Goes With The Schrodinger

Investors looking for a well-diversified no-nonsense portfolio need look no further than the Schrodinger Portfolio.  This passively operated portfolio was launched in late 2000 so it has been operational during the "lost decade."  The Sortino Ratio for the Schrodinger is a very high 10.4 and the yield is a respectable 2.3%.  Readers will note the strong tilt toward … [Read More...]

400 Level

Equity “Delta Factor” Projections

The following screen shot shows the "Delta Factor" projections for twenty ETFs, many found in most of the ITA Portfolios.  These are equity ETFs as I did not include any bond or treasury ETFs in this analysis.  When one sees a yellow background in the Delta column, that is a semi-positive signal.  The best signal would to see a green background.  There are none at … [Read More...]

Is It Time To Buy The Commodity, DBC?

The quick answer is, NO.  Why is it too early to move back into the commodity ETF?  Let me count the ways.  First, start with the PnF graph, shown in the first slide.  Today's big drop is shown with a 6 showing up in the right-hand column.  That 6 indicates DBC had another one box drop in June which means we are adding another O in this column.  Supply for DBC … [Read More...]