My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpSideways action had the major indexes slip slightly. Our Trend Tracking Index (TTI) for domestic funds/ETFs now sits +4.85% above its long-term trend line (red) as the chart below shows:The international index has now moved to +8.88% above its own trend line, as you can see below:For more details, and the …
Investment Management: Court Rules In Favor Of Registered Investment Advisors
Last week, the U.S. Court of Appeals overturned a long-standing special exemption for brokers known as the “Merrill Rule,” which allowed broker-dealers from offering fee-based accounts without being registered as Investment Advisors. The court found that the SEC had exceeded its authority by allowing such practice. At this point, the SEC announced that it will not fight the decision. The …
No Load Fund/ETF Investing: Is The Chinese Market Heading For A Bubble?
The Asia Times had a piece describing the potential of a Chinese bubble in their highly inflated stock market. One of the items indicative of speculative behavior has been the tremendous change in daily transaction volume. It has risen from some $5 billion per day six months ago to some $50 billion per day recently. While that by itself may …
Have We Reached The Point Of Maximum Financial Risk?
I found a very interesting article that was written almost exactly one year ago. The main focus is on a chart, see below, which shows the range of emotions investors go through when holding a fully invested portfolio through a bear market. It covers the entire spectrum of extremes from the “Point of Maximum Financial Risk” all the way to …
From The Archives: The Pros And Cons Of ETFs?
Judging by a number of e-mails I received last week, some readers are still confused about how ETFs work and what their pros and cons are. While many articles have been written on the subject, including one I wrote a few years ago, here’s one I found that may help increase your knowledge. Among other things, it also talks about …
ETF/No Load Fund Investing: All REITs Are Not Created Equal
A question came up in my advisor practice as to whether REITs are still a good investment given the current market climate. If you look at the sector section of my latest StatSheet, you’ll notice that all domestic Specialty Real Estate ETFs are listed at the bottom based on their 4-wk performance figures as shown below (double click to enlarge): …