100 Level

Active, Index, Passive or Mosaic Investing

Investing Styles Are you an Active, Index, Passive or Mosaic investor? Answer this question and one focuses at the heart of investing. Rather than answer this question with one blog post, I will strive to define and explain the different styles over a series of entries spanning into next week. While I've written on the subject of investing styles before, I'm sure there are new … [Read More...]

Avoiding Losses

How does one avoid major losses to the portfolio? Here are the two simple Faber - Richardson rules. … [Read More...]

300 Level

Beyond the Sortino Ratio

      This article was published two years ago, but most readers missed it.  That is why I am bringing it forward again, with a few edits. Frank Sortino begins Chapter 3 of his "The Sortino Framework..." book with this sentence. "This chapter begins with the development of the Sortino ratio and why I discarded it for the upside potential ratio and Desired … [Read More...]

Creating The Customized ITA Index Benchmark For The Kenilworth And Other Portfolios

Constructing a customized benchmark to use as a performance standard is nearly as important as putting together a Strategic Asset Allocation (SAA) plan for a portfolio.  If one does not benchmark a portfolio how is it possible to know how well the portfolio is being managed?  To understand what is required to come up with a good benchmark, check this reference.  I also recommend … [Read More...]

200 Level

Portfolio Performance: 11 November 2011

Portfolios tracked using Captool are updated through 10/31/2011, and portfolios tracked using the TLH Spreadsheet software are current through 11/11/2011.  Not all dividends posted on 11/07 are included in all portfolios so a few of the accounts may be performing a tad higher than recorded.  In general, most of the portfolios lost a little ground with respect to the VTSMX and most … [Read More...]

Portfolio Performance Data: 2 September 2011

Due to migrating the ITA Wealth Management blog from one hosting site to another, I lost the Portfolio Performance data table for last week.  In the process of updating the table this week I observed changes over a two week period instead of the normal one week interval.  All stocks made absolute gains over the last two weeks, but lost ground on a relative scale.  In other words, … [Read More...]

400 Level

Position of Kenilworth Portfolio

This past Tuesday was "examination day" for the Kenilworth Portfolio. Several key asset class ETFs were priced above their 195-Day EMA so shares were purchased based on the Buy and Sell rules laid out in the ITA Risk Reduction model.  Two asset classes that did not make the "Buy" list were International REITs and Commodities.  Checking this morning, both RWX and DBC … [Read More...]

Gauss Portfolio: Updated Dashboard Reflecting Risk Reduction Model

The Gauss Portfolio is now ready for a 30-Day nap.  With all the critical ETFs above their 195-Day Exponential Moving Averages (EMAs), all required purchases were made this morning.  The following Dashboard shows the asset classes are in balance. … [Read More...]