My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bulls had it their way as the Dow and S&P; 500 closed in record territory. Our Trend Tracking Index (TTI) for domestic funds/ETFs is now positioned +5.23% above its long-term trend line (red) as the chart below shows: The international index has now moved to +8.90% above its own trend …
In The Spotlight: More SubPrime Fallout
Last Tuesday, the market could not find its bearings and the result was a sharp sell off. Seems like it was one of those days were all news were interpreted as bad news. Even Fed chairman Bernanke’s words on inflation couldn’t calm the Wall Street crowd. One of the big news items of the day was Standard & Poor’s announcement …
No Load Fund/ETF Investing: Increasing Your Knowledge
From time to time, you may come across some investing terminology and see terms like “R-Squared” used in an article. The formula is represented in the picture on the left and, if you’re a math wiz, you devour things like this for breakfast. For the rest of us mortal human beings, here’s the definition by Vanguard: “R-squared measures how much …
The Only Winning Investment Strategy You’ll Ever Need—Not!
Okay, I had to shorten the title due to space limitations. I am referring to Larry Swedroe’s book “The Only Guide To A Winning Investment strategy You’ll Ever Need.” It contains some interesting (but rehashed) information I have written about before. Larry is a proponent of index investing and seems to think that buying and holding indexes is far superior …
No Load Fund/ETF Investing: Opinions On Future Market Direction
To me, the interesting thing about reading forecasts is that nobody seems to agree on the direction of the market. Despite the fact that everyone has the same information available, opinions vary and many times are opposite of each other. That’s a dead giveaway of the value of a forecast, which is zero. Nevertheless, I read some of them strictly …
Sunday Musings: Economist On The Loose
I just finished reading a book called “Freakonomics” by authors Levitt and Dubner. Levitt teaches economics at the University of Chicago, while Dubner writes for the New York Times and The New Yorker. Most economists, at least from my experience, string together endless numbers to make a statistical case. However, Levitt dances to the beat of his own drummer. I …