100 Level

Bond Market: Important Article

Platinum members will want to read this important article from Seeking Alpha.  This paper is not an unusual or "off the wall" position. … [Read More...]

Stock Screening Service Coming

While this blog is oriented toward using index ETFs to construct portfolios, some readers spice up their portfolios by adding a few stocks.  These are known as Mosaic investors.  To cater to Mosaic investors, I am adding a stock screening service.  Send me your criteria and I will run a screen.  Stocks that emerge from the screen will be posted for other Platinum readers to … [Read More...]

300 Level

Dividend Aristocrats: Another Look

This list of Dividend Aristocrats emerge from a tighter screen than the one I used a few days ago.  1) The stock is priced equal or greater than $10.00.  That change had no impact on the number of stocks.  2) The big difference is that I raised the dividend growth rate over the seven years from 3% to 10%.  This change cut the list in half. Below is the screen I used and a list … [Read More...]

You Can’t Manage What You Don’t Measure

While I am not positive of the source, the old business adage, "You can't manage what you don't measure," continues to hold.  Portfolio construction, measurement and management are what set ITA Wealth Management apart from other blogs.  While directing investors toward index vehicles for the core of their portfolio is an essential ingredient for successful investing, … [Read More...]

200 Level

The Art and Science of Portfolio Construction

Basic investment principles require long-term portfolios exhibit the following characteristics. 1.  Equity orientation. Equity orientation includes high-expected return ETFs such as VTI, IWN, VTV, VOE, VOT, VBR, VBK, etc. 2.  Diversification over the entire world market. International exposure is possible through ETFs such as VEU, EFA, VWO, EPP, etc. This blog post is not … [Read More...]

Portfolio Performance – 20 August 2010

For some reason, I expected to see greater decline in the Internal Rate of Return (IRR) values this week.  In a number of cases, the portfolios picked up a little ground on the performance of the VTSMX. Obviously, this is due to the broad diversity of the asset classes held in the portfolios. In a few cases, the ITA Index increased significantly and that is due to the addition of … [Read More...]

400 Level

“Delta Factor” for Sector Portfolio

What is the "Delta Factor" projecting for the eleven sectors of the market?  Based on recent analysis, the international market is over bought.  Is the same true for the U.S. Equities market? Checking out the data table below, three years of historical data indicate the same over bought condition exists for the U.S. market. … [Read More...]

Point and Figure Checkup

Run each of your stocks, funds, and/or ETFs through a Point and Figure (PnF) checkup using this link.  Do you observe O's or X's in the right-hand column?  If the slope of the line is positive, relax.  However, if you find O's in the right-hand column and the slope of the line is negative, examine closely what is going on.  Is the price of the security above or … [Read More...]