My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpExtremely bullish sentiment caused by good earnings news pushed all major indexes to new lifetime or multi-year highs. Our Trend Tracking Index (TTI) for domestic funds rallied higher and now sits +5.32% above its long-term trend line (red) as the chart below shows: The international index made new highs as well …
Dow 14,000 in 2007?
You will never, ever hear any predictions from me. I am merely following trends not trying to get egg all over my face. But the extremely bullish crow is at it again. With the Dow having set a new intra-day high yesterday of 12,838.46, the next milestone of 13,000 is just a slight push away and 14,000 is appearing on …
SubPrime Loan Solution: Let’s Bail ‘Em Out
Last week’s article on the latest in the SubPrime loan arena really irked me. Turns out that consumer groups called on congress to revise the current bankruptcy law to save the homes of borrowers drowning in the rising tide of foreclosures. I am certainly a sympathetic person, but that smells like another government bailout to me. Shouldn’t a potential homeowner …
‘Lazy Portfolios:’ Beating The Same Old Drum
A few days ago, MarketWatch featured another update of their so called ‘Lazy Portfolios.’ If you missed my previous blog on it (http://thewallstreetbully.blogspot.com/2007/01/beyond-ridiculous-portfolio-for-all.html), it’s a selection of various Vanguard low-cost, no load (good idea) index funds. In various configurations, it has outperformed the benchmark S&P; 500 index over 1, 3 and 5 years. The repeated chest bumping every quarter is …
Investment Management: Brokers vs. Investment Advisors
If you are planning to employ the services of a professional to help you manage your portfolio, you need to know that not all financial advice is regulated in the same manner. For example, commissioned brokers operate on a different standard than do Registered Investment Advisors. Since I am a fee-only investment advisor, I definitely have a bias as to …
ETF Income Investing: Should You Take A Short-Term Gain?
Yesterday, one of my readers posed an interesting question: “I own both IIC and EVM (Muni CEFs) in my taxable Scottade account. This week, I noticed a large price spike about mid week followed by a price drop today and yesterday. I believe it had to do with some news of dividend payout dates. Here is my question for you. …