What is Your Pension Really Worth?

Lauren Tivnan

Last week, we posted an article from Michael Lewitt, Vice President and Portfolio Manager at Cumberland Advisors called “The Pension Dilemma” that talked about how America’s largest pension fund, the California Public Employees Retirement Systems (CALPERS) reported an abysmal 1% return on its investments for the past year (ending June 30, 2012). CALPERS has been… Read More


The Pension Dilemma

Michael Lewitt

America’s largest pension fund, the California Public Employees Retirement System (CALPERS), reported a 1% return on its investments for the 12 months that ended June 30, 2012.  This disappointing return fell woefully short of the plan’s target return of 7.5%. An analysis of the plan’s returns by asset class showed the following: Public Equity –  7.2%… Read More


Emerging Market Indexing

Matthew Amster-Burton

Let’s say you want to build your own stock market index fund based on the S&P 500. Easy: download a list of all the companies in the index–from 3M (MMM) to Zions Bancorp (ZION) and their market cap, and start investing. Every stock in the index will be easy to buy in whatever quantity you… Read More


Sector Watch: Spotlight on BioTech

Geoff Considine

The challenge for many investors who are trying to diversify their portfolios is finding sectors or asset classes that don’t move in tandem together. One sector that has moved up—even as many equity indexes have fallen—is biotech. Performance: Behind the Numbers Over the past three months, even as the S&P 500 and other broad market… Read More


Why Bond Yields Scare Me More Than Friday the 13th

Geoff Considine

Stock investors generally don’t have much to fear on Friday the 13th. Historically, Friday the 13th is a relatively calm day for stocks. Jason Zweig, who writes The Wall Street Journal’s Intelligent Investor column, says it’s usually a good day for investors and says superstition about trading on this supposedly unlucky day is one of… Read More


9 Essential Investing Suggestions

Lowell Herr

Repetition is the mother of all learning. Whether you are a new ITA Wealth Management reader or a long-term follower, there are investing basic that just don’t change, and here are a few. Suggestions for the Astute Investor: Follow “The Golden Rule of Investing.” Save as much as you can as early as you can…. Read More


The Collapse of the American Net Worth

Geoff Considine

Many of you are painfully aware of how many friends or family members are out of work, now under-employed, or who have lost their homes. Geoff Considine, a leading contributor to the Portfolioist, provides his take on what we’re calling the “collapse” in household net worth, starting with a recently published report released from the… Read More


The High Cost of the July 4th Cookout

Geoff Considine

Many Americans will be feeling the effects of higher commodity prices this 4th of July. If you have been to the grocery store lately, you’ve probably done a double-take at the register as your outdoor grilling essentials are being scanned. Steak and ground beef prices are up almost 6% over the last 12 months and… Read More