100 Level

AAII Journal: November Issue

As a lifetime member of the American Association of Individual Investors, I receive their journal each month. The November issue was of particular interest as it included 20 pages of the best financial web sites on the Internet. In addition to all those investment links this issue carried their ETF portfolio of which I analyze in a post tomorrow. There is also an article, "Is the Stock … [Read More...]

Are Taxes Too Low?

  A few years ago the Oregonian carried this interesting article where author David Sirota posits the low tax rate may be extending the Great Recession. I find it interesting that folks who will not find their tax rate change one percentage point will support lower taxes for the top tier of earners, thus having a negative impact on their own lives.  This is a classic example of the … [Read More...]

300 Level

Current Ranking of Feynman ETFs

Platinum members following the Feynman articles and the ETFs that make up this research portfolio will find the current rankings of interest.  It is possible to substitute Vanguard ETFs for the iShares ETFs with a minimum of Internet searches.  Here is the ranking as of 8/5/2013. ETF Rankings:  While the optimizer recommends holding shares in VWO and DBC, those are two ETFs I would avoid except … [Read More...]

Portfolio Performance

Photograph:  Dome of Blue Mosque in Istanbul, Turkey If you hear someone come across a bit strong when it comes to portfolio performance, ask a few simple straight-forward questions. 1.  How is the performance measured and does it meet AIMR standards?  Professionals will know AIMR stands for Association for Investment Management and Research.  ITA Wealth Management readers … [Read More...]

200 Level

My Twenty ETFs

Selecting 20 core ETFs is not all that difficult until one is down to the last five to seven tickers. While I could come up with my favorite 20 ETFs, that would be too simple.  Instead, my twenty will come from several major asset classes as outlined below. U.S. Equities Bonds International markets Real Estate Commodities ETFs from U.S. Equities in this search will include the "Big … [Read More...]

Portfolio Construction

There are many different schools of thought when it comes to creating a portfolio, but how you proceed will depend on several different factors. Attitude to risk, targeted returns and available length of time to invest are all aspects that need to be built into any plan. Strategic asset allocation is one way of managing a portfolio that can accommodate different attitudes to risk, which in … [Read More...]

400 Level

Where Are The Best International Opportunities?

If you are not satisfied with broad international ETFs such as VEU, VEA, VWO, and EFA, but want to search for individual countries, the following Delta Factor analysis and projections might be of interest.  In the following QPP analysis I show the Delta Factor projections for a broad range of countries followed by several other ways to look at some of the specific countries that are showing … [Read More...]

Sortino Ratio Update

Investors using the TLH spreadsheet and in particular, the SR worksheet, will find this video/audio clip a refresher in updating the Sortino and Retirement ratios. One of the first changes to make in the calculation is to update the inflation rate. The latest data shows inflation moving from 1.1% to 1.2%. Readers can find this information on a site titled, U.S. Inflation Calculator. In the … [Read More...]