100 Level

Clark’s Fish Camp

If you are ever in Jacksonville, Florida, be sure to set your GPS to locate Clark's Fish Camp restaurant.  The food is excellent and the ambiance is "other-world."  Be prepared to wait an hour at prime time unless you have a VIP seating card.  In the main dining area are more stuffed animals than one is likely to see other than in a natural history museum. Over the … [Read More...]

Pay Attention to Your Portfolio: Sample Portfolio Included

Whether you are a beginning or experienced investor, it is important to review and update your portfolio annually if not monthly.  ITA portfolios are reviewed and updated every 33 days.  The updating difficulty is highly dependent on what securities are used to populate the portfolio.  If individual stocks are used the task is more onerous as each stock needs to be reviewed in detail.  Further, … [Read More...]

300 Level

Momentum-Optimization Analysis of Stock Portfolio

If you have not read the QQP analysis of this set of stocks, do so before reading this blog.  Here is the link to the Quantext Portfolio Planning analysis.  While the QPP analysis provides a probability projection of what one might expect over the next six to twelve months, the following analysis shows where the current portfolio is positioned with respect to an optimized portfolio.  In other … [Read More...]

Portfolio Management

Developing Portfolio Policy Portfolio management begins with a well considered Portfolio Policy. Basic portfolio plans include the following: Asset classes to include in the portfolio Percentage to invest in each asset class Investments to populate asset classes Portfolio monitoring method Projected return analysis Projected risk analysis Selection of appropriate … [Read More...]

200 Level

Portfolio Performance: 29 October 2011

This has been a great week for the ITA Wealth Management portfolios.  Not only did we see absolute gains for all portfolios, but there were many relative gains when measured against the VTSMX and ITA Index benchmarks.  Not every portfolio showed relative gains, but in general the Sortino and Retirement ratios increased in value.  Inflation held the same since last week.  While … [Read More...]

Retirement Planning: Using the Kenilworth Portfolio As A Model

Two young portfolios, Gauss and Kenilworth, found here on ITA Wealth Management serve as examples for retirement planning.  For this blog post, I'll use the Kenilworth as the example since it began with a modest initial investment of $1500 followed by monthly contributions.  Platinum members have access to all the transaction details. The first move in any retirement plan is to do … [Read More...]

400 Level

Buy and Sell Guidelines: A General Overview

Armed with analysis tools such as the Quantext Portfolio Planner (QPP), TLH Spreadsheet, Hoadley Optimizer and expanded worksheets, it is possible to outline some basic guidelines for buying, holding and selling ETFs.  As always, individual judgments are required and I'll attempt to explain those when transactions occur.  As always, we make investment decisions in the context of broad market … [Read More...]

Worry Free Investing: Young Readers – Listen Up!

No, I am not obsessed with risk even though I've recently written quite a bit on the subject.  Why the concern about risk as the market seems to be having a good summer?  The specter of rising interest is a major fear for this reason.  If interest rates were to rise to the same level they were when George Bush (43) took office, the amount of money the U.S. Government will need … [Read More...]