Quote: Removing Waste

investing
<?php quote("Any healthy system needs a way to correct error and remove waste. Nature has extinction, the economy has loss, bankruptcy, liquidation. Interfering in this process lengthens feedback loops. Error and waste are allowed to accumulate, and you ultimately get a massive collapse.", "ROBIN GOLDWYN BLUMENTHAL", "in Barrons") ?>
Read More

Ivy League Model Portfolio

investing
Invest 10% in all of these 10 ETFs and you got yourself something close to what an Ivy League portfolio looks like. For more information, check theivy.portfolio.com Reference Kiplinger's Magazine - 11/2009 Issue
Read More

Trading Housing Market

investing
In the July 20th issue of Fortune, there is an interesting article on Case and Shiller. Mr. Shiller recently launched two products that "let investors make a pure directional bet on home prices."If you expect home prices to rise, buy Up Metro Market (), if you expect it to go down, buy Down Metro Market ().I'm interested in seeing how it performs.
Read More

My Notes from The Bogleheads's Guide to Investing

investing
I just finished reading TheBogleheads' Guide to Investing. It's an interesting book. Excellent forbeginning investors. It's loaded with lots of practical, common sense, advice.Did I learn anything? I learned a few things fromthis book. Here are my notes. Investing Forum: VanguardDiehards Forum on Morningstar.comAvailable on Morningstar.com -> Discuss -> Vanguard Diehards I plan to sign up. It does cost$5. But from the authors' perspective, it's a good resource for like-mindedinvestors that believe in indexing, saving, spending carefully. I considermyself a Boglehead. Some GoodTips Choose and live a soundfinancial lifestyle. We need to pay off our credit card debt, establish anemergency fund, get our spending under control, and most importantly, learn howto live below our means. Start to save early and investregularly. Indexing via low-cost mutualfunds is a strategy that will, over time, most likely outperform the vastmajority of strategies. Costsmatter. Taxes…
Read More

Sell in May?

My Notes, My Stock Picks
Sell in May, buy in November?It's a technique that's proven to yield good results. I wrote about it in 2007, see Sell in May, Buy Back in November.Last year, the biggest losses were in that period. This year, I think it might be similar. Over the past couple of weeks, the stock market rebounded a great deal. I feel that stocks might be overvalued. Too fast too soon -- that's my general feeling. I've sold several of my stocks recently. It's not only because of this rule. I want to simplify my investing. I want to own companies that I know (TJX, PHG,NOK,F,CSCO,VZ are some that I'm sticking with). I want to own less stocks and more ETFs. I'm going to test the impact of this rule, though. I have…
Read More