100 Level

What Are Your Biggest Investment Questions?

Whether you are a seasoned or beginning investor, there are bound to be investment questions.  What are the two or three major ones that come to mind?  Here are a few to get readers thinking. I simply don't know where to begin. What is asset allocation and why is it considered important? What is an index fund and how does it differ from a mutual fund?  Is there any … [Read More...]

Four Security Portfolio

The following four security portfolio was recommended for testing by a Platinum member.  FTIIX was substituted for other index funds as the first and second choices did not have sufficient historical data for the Quantext Portfolio Planner (QPP) analysis.  The following screen shot shows the projections for VTI, VEU, BND, and FTIIX. QPP Analysis:  One quick observation is the lack of … [Read More...]

300 Level

Einstein Portfolio Review: 19 September 2011

Several portfolios are scheduled for review this week and the Einstein is first on the list.  Platinum members who follow ITA regularly know that I review the portfolios approximately every four to five weeks.  The first thing I do is look at the Dashboard, a worksheet housed within the all important TLH Spreadsheet.  The Dashboard lays out the asset classes and the percentage … [Read More...]

Quantext Portfolio Analysis Of The Swensen Six Portfolio

Quantext Portfolio Planner is a software program I use as an aid in portfolio construction and analysis.  In earlier blog posts I performed a QPP analysis on both the Faber Ivy Five and Faber Ivy Ten Portfolios. The following QPP analysis covers only the basic "Swensen Six" portfolio.  In another article I showed how to give a dividend boost to the Swensen Six.  Looking … [Read More...]

200 Level

Is There An Investment Style That Is Truly Passive?

We read a lot about active vs. passive investing, and mixed into that discussion is index investing.  About four months ago I wrote a series of articles on this very subject where I was rebutting an Internet article.  On this blog I track eleven portfolios that run the gamut from passive to mosaic to active.  To understand each, it helps to go back to Harold Evensky's … [Read More...]

Einstein Portfolio Review: 19 September 2011

Several portfolios are scheduled for review this week and the Einstein is first on the list.  Platinum members who follow ITA regularly know that I review the portfolios approximately every four to five weeks.  The first thing I do is look at the Dashboard, a worksheet housed within the all important TLH Spreadsheet.  The Dashboard lays out the asset classes and the percentage … [Read More...]

400 Level

Four Sector ETFs Outperforming the Broad Market

Three sector ETFs, Consumer Discretionary (VCR), Healthcare (VHT), and Financials (VFH) have consistently been performing above Vanguard's Total Market ETF, VTI, for a number of weeks. Today, another sector ETF, Industrials (VIS) pulled ahead of VTI. When ranking securities within a portfolio, VTI is used as a performance benchmark and any sector ETF that outperforms the VTI is included in the … [Read More...]

Delta Factor: A First Look

Delta Factor: First Draft The question of when to buy or sell an ETF comes up frequently.  I've been working on this problem for a year or more and still do not have a definitive answer.  Perhaps there is no right answer, only one of probabilities.  Below is a data table of my first draft effort to quantize whether or not it is time to Buy, Hold, or Sell the primary ETFs.  … [Read More...]