Schwab clients will be pleased to know that two new portfolios are coming within a week. The Pauling will follow the Tranche Momentum Model with the possibility a switch will occur when the Linear Regression Slope Model becomes available. The Millikan will be managed using the Dual Momentum Model. One of the goals for these […]
Millikan Portfolio: A First Look
What will the Millikan portfolio look like when populated by one of three ETFs? Three low cost ETFs are used with the Millikan. The expense ratios run from three (3) to six (6) basis points so this is a low cost portfolio to manage. While the dollars are available, no shares have been purchased. Millikan […]
Millikan and Pauling Portfolios Launched
This morning both the Millikan and Pauling portfolios were launched with purchases in each. The Millikan is a Dual Momentum portfolio and since International Equities are currently recommended, 300 shares of SCHF were purchased at market. Until the Linear Regression Slope Momentum Model research is complete, the Pauling will be managed using the Tranche Momentum […]
Millikan Portfolio Review: An Advanced Look
Ceiling woodwork in the Hollyhock House in Los Angeles, CA It is several weeks until the Millikan is up for its scheduled review. Instead of waiting the “required” 33 days, I wanted to run a check to see if recent market activity requires any changes in the security to hold in this Dual Momentum Model […]
Millikan Portfolio Review: No Change Required
Schwab investors following the Dual Momentum Model (DMM) need not change anything unless you wish to move from U.S. Equities over to Emerging Market Equities. SCHB and SCHE have been bouncing back and forth between the #1 and #2 positions for several months. While SCHE currently holds the #1 spot, SCHB is a close second […]
Millikan Portfolio: An Interim Look
The Millikan merits an interim look as 50% of the portfolio is in cash. With a little more emphasis on value and size, the investment quiver of the Millikan would qualify as a Factor oriented portfolio. Since size, value, and momentum are considered three primary investment factors, I’ll be taking a good look at this […]
Millikan As Example For Risk Controls
Friday is the regularly scheduled day to update the Millikan. This blog post is designed to walk readers through the process of how one controls portfolio risk using the Kipling spreadsheet. Risk management is an essential part of portfolio analysis, particularly in these uncertain economic times. Not all risk controls will be used by all […]