Hat tip goes to Mish at Global Economic Trends for pointing to a link featuring an interview with the author of the well known book “The Black Swan” Nassim Taleb. I reviewed his books sometime last year and being a being a very straight thinker, he had some interesting thoughts in a recent interview on the current state of the …
What Can A Poor Slob Do?
I must admit that reader feedback is an important component in supporting my efforts of generating blog posts on a daily basis. Sometimes, comments can be pretty funny, yet have serious undertones. This was the case when reader Robert questioned the U.S. dollar as a reserve currency, and he had this to add: I’m not buying gold, can’t afford it. …
No Load Fund/ETF Tracker updated through 9/17/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpAnother up week pushed all major indexes higher with the Dow now only needing 200 points to reach the 10,000 level. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +8.41% keeping the current buy signal intact. The effective date was …
Whipsawed? Now What?
In the last couple of posts, I talked about the implementation of the trailing sell stop strategy and how to handle distributions. A sell stop is a vital part of protecting the bulk of your portfolio in case of sudden trend changes. Of course, the other side of the coin is that you may get stopped out, the trend reverses …
Distributions And Sell Stops
Reader Tad made an important comment in regards to yesterday’s post. Here’s what he said: I think you should make your readers aware of what happens to the NAV price when dividends and/or capital gains are paid out of a fund, as this might trigger an unwarranted trailing stop loss sale. That is correct. When mutual funds/ETFs declare distributions, you …
Revisiting Sell Stops Again
Implementing the trailing sell stop strategy is imperative to your portfolio surviving treacherous times as this century has shown. Even though it has been discussed before, new readers may bring up old questions, but they are nevertheless important to be reviewed again. Here’s the latest one: Sorry for a potentially dumb question, but do you know if trailing stops are …