As long-time ITA members may recall I have often considered taking GLD (Gold) out of my investment “quivers”. The reasons for doing this would be because back-testing has shown that it’s inclusion has not really contributed to portfolio performance over the past ~13 years (pre 2008 recession). Also, GLD does not offer any “compensation”, in the form of dividends, for holding. But Gold has, … [Read More...]
Bullish Percent Indicators: 28 February 2020
This was not the smartest week to be on the road and away from an array of investing tools. Nevertheless, here we are with a market that reminds me of October 1987. The two following Bullish Percent Indicator tables show just how bad this week was … [Read more]
Is the Use of Stop-Loss Orders a Good Strategy/Tactic?
Regular readers of this blog will know that I (personally) don't like using stop-loss orders. The reason for this is that all the back-testing that I've ever done strongly suggests that long-term performance is degraded when using such orders. … [Read more]
Bullish Percent Indicators Update: 21 February 2020
Several weeks passed since I last posted Bullish Percent Indicator or Point and Figure (PnF) data. Changes are minor among the major indexes and the sectors continue to look like a reciprocating engine that needs a tune-up. While no individual … [Read more]
Portfolio Construction: What Goes Into Building a Portfolio
Portfolio construction is second in importance to The Golden Rule of Investing when it comes to building a retirement fund. Holding down expenses is also high on the list. What goes into building a portfolio? In this blog I'll walk through the … [Read more]
Economic Aid Report
Long-time readers of ITA Wealth Management know that I, in a very small way, provide capital for individuals working to set up a business or to help with farming supplies. Aid is provided through MEDA or Kiva organizations. Thus far 457 grants or … [Read more]
Test Post
This is a test post to see if the Publish Press notification of new blogs is working properly. If so, a few readers might leave a comment that you are indeed receiving notification. If you missed the Kepler update this morning, check it … [Read more]
Huygens Portfolio: An Advanced Look
Huygens is not up for its schedule review this morning. However, there are enough new subscribers to merit a look as to how I manage a basic momentum oriented portfolio. The following analysis builds on the blog, Four Ways To Protect Capital. I'll … [Read more]
Four Ways To Protect Capital
With this high market and the bull market as old as it is, capital preservation is on my mind. What steps might one take to preserve the gains over the last 11 to 12 years. In the New York Times it was reported this morning that the average … [Read more]