Recently, I was asked by a reader of my newsletter about my opinion on a variety of no load funds and ETFs he was considering for his portfolio. It turned out that, as a beginning investor, he had a fairly small IRA (around $20k). He had planned on investing this money in some 10-12 no load funds and ETFs. Whoa! …
No Load Fund/ETF Investing: Can Major Market Turns be Predicted?
Using my Trend Tracking Indicators as a guide to determine market direction, any suggestion that deals with the word “prediction” is usually something I don’t pay much attention to. Maybe I should—at least once in a while. After the market meltdown on February 27, 2007, reader Ted kindly forwarded the name of a web site to me featuring Martin Armstrong’s …
Mutual Fund Companies: Why go from No Load to Load?
The recent Morningstar story, that American Century is planning to shake up its funds and increase their load fund lineup from 26 to 39, has been bugging me all weekend. I simply don’t get it. Well known funds like TWEIX, BEQGX and TWCUX, among others, are set to transition from the no load share classes to the load lineup. The …
Smart ETF Investing: Which ETF Would You Have Picked?
A couple of weeks ago, I was looking at utility ETFs to diversify some of my clients’ money into this well performing sector. In my weekly StatSheet, I have been tracking four of them on a regular basis. If you look at the table below, you’ll notice that all have very similar momentum figures in the categories of 4Wk, 8Wk, …
No Load Fund/ETF Tracker updated through 3/30/2007
My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.phpSideways to downward bias had the markets in a retreating mode. Our Trend Tracking Index (TTI) for domestic funds moved lower but still sits +3.75% above its long-term trend line (red) as the chart below shows: The international index eased up as well and currently sits +7.89% above its own …
How to Save on Investment Management Fees
In my advisor practice, a client brought up the question as to whether he could save some money by referring a relative or friend and have that person’s assets to be considered when management fees are calculated. Here’s how it works. All fee-based investment advisors have a sliding fee schedule for their clients. The higher your portfolio value, the smaller …