Dual Momentum Portfolios - ITA Wealth Management Forum

Dual Momentum and Kipling Spreadsheet

Lowell Herr — Wed, 19 Jan 2022 18:58:16 +0000

Investors interested in knowing how the Dual Momentum model works when working with the Kipling spreadsheet, check out this video.

Lowell

Dual Momentum: No Change

Lowell Herr — Wed, 06 Oct 2021 17:17:22 +0000

I updated prices for the Franklin, McClintock, and Pauling, all Dual Momentum portfolios, and there are no recommended changes.

Lowell

Dual Momentum Recommendations

Lowell Herr — Fri, 01 Oct 2021 13:45:31 +0000

What are the recommendations coming out of the Dual Momentum model?

Franklin or the short look-back combination recommends SCHP or an inflation protection ETF.
Pauling or the default look-back combination recommends VTI.
McClintock uses the long-term look-back combination and the recommendations is to also stick with VTI.

Since most of you are likely using the default or 60- and 100- trading days combination, it is best to stay with VTI.

Lowell

Dual Momentum: Historical Performance

Lowell Herr — Sun, 27 Jun 2021 18:36:33 +0000

Investors interested in the Dual Momentum model will find this link of interest. I substituted EFA for VEU to add a few years of performance.

Lowell

Franklin Portfolio

Lowell Herr — Sun, 10 Jan 2021 21:03:25 +0000

Tomorrow I will update the Franklin portfolio, one of three Dual Momentum portfolios participating in a look-back experiment. This is another check to see which of the three different look-back periods is providing the best return/risk value. While it is still early in this experiment, we are beginning to see which portfolio is superior.

For comparison, I hope to post both the actual values for the Jensen Alpha and the slope of the trend over the past few months. Both values are useful. Check in tomorrow as I should have the data available by 1:00 p.m. EST or 10:00 a.m. PST.

Lowell

PS If I add an attachment, it is not visible when clicking on it within the e-mail, but if you come back to this location on the Forum and click on the attachment, the attachment will open.

McClintock Portfolio

Lowell Herr — Wed, 30 Dec 2020 19:53:38 +0000

Tomorrow I am more than happy to ring out 2020 with a review of the McClintock portfolio. While this has been a good year for stocks, it has been a dreadful year for many people all over the globe. We are up to 320,000 Covid-19 deaths in the U.S. and we could easily pass the number who died in the Civil War.

The hope is that we will witness a return to some political normality and social morality.

January and February look to be devastating months on our healthcare workers so physical distance, wear a mask, and wash your hands. These suggestions do not require a PhD in Astrophysics.

Next week the Gauss, Kepler, and Aristotle are scheduled for review. The Aristotle is a Dual Momentum portfolio so that one will be easy to update. The Gauss and Kepler require a few more decisions or judgment calls. Both are managed using momentum principles, but I've altered some of the rules so they follow Let'em Run principles.

Wishing everyone a Healthy and Happy New Year.

Lowell

Aristotle Portfolio Review to Open October

Lowell Herr — Wed, 30 Sep 2020 22:05:24 +0000

Now that the September portfolio reviews are complete, we open up October with an easy one. Tomorrow I will review the Aristotle, one of the six portfolios managed by the Dual Momentum model.

Lowell

Three Essential Vanguard ETFs

Lowell Herr — Wed, 23 Sep 2020 21:37:40 +0000

Here is the link to an interesting article laying out three core ETFs to use to build a retirement portfolio.

These are ETFs we use in a number of the Dual Momentum portfolios and they are: VTI, VEU, and BND. I generally use AGG, but either BND or AGG will work fine as the bond asset class.

Lowell

Dual Momentum Adjustment

Lowell Herr — Sun, 20 Sep 2020 14:43:20 +0000

For those investors running Dual Momentum portfolios, this Seeking Alpha article is of interest. While you likely know the dominance of the Big Five stocks, the article makes us aware of how VTI, SPY, and other large-cap ETFs are skewed by these profitable companies. What adjustments might we make to our DM or Relative Strength portfolios? Here are two suggestions.

1. Substitute VO for VTI to represent U.S. Equities in DM portfolios. Over the long run, I think VO has been the better performer, but I'm not sure if dividends were included. Check this out on your sources.

2. In Relative Strength portfolios, limit the Strategic Asset Allocation percentage to something lower than 100%. This will force the Kipling to diversify the portfolio.

Lowell

Dual Momentum Analysis

Lowell Herr — Sat, 08 Aug 2020 17:54:03 +0000

Here is a Seeking Alpha article on Dual Momentum analysis.

Lowell