100 Level

Five Investing Tips to Launch a Successful Retirement Program

Five money hints below will put you on the road to financial success. Follow "The Golden Rule of Investing." Save as much as you can as early as you can. Live below your means.  Learn self-discipline and stop spending on trivial material goods. Avoid Credit Card debt as it will kill your chances of success. Invest in index funds or index ETFs.  Many … [Read More...]

Quantitative Easing Explained

ITA Wealth Management readers will find this video clip of interest. … [Read More...]

300 Level

Republic Services (RSG): Another Waste Hauler

The following analysis can be compared to the Waste Management analysis posted earlier this morning.  It comes as no surprise that sales grow at a slow rate.  It is the nature of the business.  After all, there are only so many houses and businesses requiring trash hauling. This material is not available for publication elsewhere on the Internet. … [Read More...]

Dividend Oriented Stocks Are Limited Under The Latest Screen

Dividend Stocks of Interest From time to time I will post a few stocks for Platinum members interested in spicing up their portfolio.  While it is difficult to build a portfolio using only stocks and have that portfolio outperform the stock market over the long run, it is possible to pull down portfolio risk by adding companies that have a low correlation with the broad market.  … [Read More...]

200 Level

Portfolio Performance: 4 February 2011

Portfolios tracked using Captool are updated as of 01/31/2011.  I am still behind bringing the TLH spreadsheets up-to-date.  As I enter that material, I will also enter the data in the table below, so refresh the browser screen to make sure you have the latest information.  In almost all cases, we gained ground on the benchmarks and improved the Return/Risk ratios since the last … [Read More...]

Low Risk Retirement Portfolio

Yesterday, I wrote an article for Seeking Alpha and one reader suggested a simple portfolio where equal percentages be allocated to VTI, GLD, SHY, and TLT.  Exactly what does such a portfolio look like when a Quantext Portfolio Planner (QPP) analysis is applied?  What does the correlation matrix look like and would such a portfolio work as one prepares for retirement?  The following … [Read More...]

400 Level

Risk Management: How To Reduce Losses

On page 167 of Mebane T. Faber and Eric W. Richardson's book, "The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets" we read, "Our research has shown that returns are lower and volatility is higher when asset classes are below the 10-month moving average."  What investor is not interested in reducing portfolio volatility while increasing returns.  And possibly more … [Read More...]

“Delta Factor” Projections For Equity ETFs

Several weeks passed since the "Delta Factor" projections were last posted for equity ETFs.  In the following screenshots I show both the projections and what a portfolio would look like were it populated with nearly equal percentages of a wide array of equity ETFs.  First, here is the "Delta Factor" table of projections. … [Read More...]