Seeking Alpha

AE_Savant

AE_Savant
Send Message
View as an RSS Feed
View AE_Savant's Comments BY TICKER:
Latest  |  Highest rated
  • Independence Realty Trust Announces Second Quarter Monthly Cash Dividends on its Common Stock [View article]
    Great equity. Doing well.
    Apr 17 04:45 PM | Likes Like |Link to Comment
  • The $1 Million Perpetual Income Portfolio: ETF Edition [View article]
    Thanks for following up Morgan. I can take some good info here about ETF selections and you likely saved me some hours of work.

    Like a previous reader, might I suggest that you offer a trimmed ETF portfolio rather than some 20 as you do here? One advantage to ETFs is that they are bundles and so make it easier to track your portfolio without having to balance so many items at once.

    That said, I do like the variety you offer in the different asset classes and it suggests to me that even within these asset classes, there are diversification effects that need to be considered versus a simpler portfolio.
    Mar 16 12:56 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: Can A Portfolio Of ETFs Outperform A Portfolio Of Individual Stocks? [View article]
    Mulligan, you might want to look at Paul Merriman's articles on developing an ETF portfolio that includes bonds and international ETFs. He does have a value preference for allocations but it seems that growth has its place and my own portfolio does vary a bit from his suggestions.

    Thanks for this article Regarded and I look forward to future comparisons between these portfolios. I would also encourage you to broaden your mix of dividend ETFs so they don't so closely replicate your original BTD portfolio.
    Mar 12 06:26 PM | 1 Like Like |Link to Comment
  • Are Investors Starting To Shift To A Defensive Posture? [View article]
    Thank you for your guidance Chris.

    I've noticed a recent trend the last few weeks though that is a contrary indicator to the bullish rise and that is that growth ETFs are not making headway against value ETFS. The reversal hasn't yet matured but the growth:value ETF MACD has reversed and the trend is more favorable the last 6 weeks for value equities.

    This is based on SCHG:SCHV and VUG:VTV ratios that show erosion in the position of large cap growth stocks. I haven't looked at charts yet for mid-caps, but I think the same is now starting for mid-caps where value may be favored over growth.

    This could be an early sign of the market moving to a less aggressive risk posture while remaining in equities.
    Mar 8 07:04 PM | 1 Like Like |Link to Comment
  • The $1 Million Perpetual Income Portfolio [View article]
    Yes, that gives us a clue. Thank you and if you happen to publish an ETF portfolio I would also be interested. The ETF idea is just as you say, to appeal to those who want less active (or more simple) management.

    I utilize a variant of Paul Merriman's fama 3-factor model, choosing growth rather than value (as he does) for large caps.

    I then add in speculative small and micro caps and a hybrid of BDCs and (m)REITS to provide yield and diversification.

    Curious about how you proceed. All the best.
    Mar 6 11:01 PM | Likes Like |Link to Comment
  • Tactical Bond Strategy For Rising Treasury Rates [View article]
    Interesting idea Cliff. I had never thought of pairing an inverse ETF in a bond portfolio.

    Are each of the ETFs equally weighted in your composite or do you weigh them differently?

    Are there circumstance when you would favor a different weighting in any significant manner?

    Thanks!
    Mar 6 10:47 PM | Likes Like |Link to Comment
  • The $1 Million Perpetual Income Portfolio [View article]
    Morgan, how would you construct an ETF plan to approximate your 4% plan?
    Mar 5 10:59 AM | 1 Like Like |Link to Comment
  • Mortgage REITs: Proceed Without Fear [View article]
    Thanks for a great in-depth and easy to understand primer on the REIT space. I am definitely gonna follow you!
    Mar 3 07:28 PM | 1 Like Like |Link to Comment
  • Everything You Wanted To Know About Prospect Capital - I Was Able To Ask [View article]
    I think that the $1-2 premium you envisage would be more likely if PSEC had a few quarters of covering or even exceeding its dividend payout. If earnings maintain their current rate and fall short of the dividend, I don't see PSEC trading higher than 11.50 - which is not all bad given the 12% yield and the 4-5% upside, but still not going to 'cut the rug' and win any dance contest on cap gains growth.

    Thanks for the interview and it does reaffirm my long position on the equity.
    Mar 3 12:09 PM | 2 Likes Like |Link to Comment
  • 2 High Yielding REITs With Positive Catalysts [View article]
    Indeed. Have been reading Bret's articles but have not followed so thanks for the reminder.

    Picked up IRT and also agree that it is outperforming.
    Mar 2 11:48 AM | Likes Like |Link to Comment
  • Stocks Unquestionably Hesitant, But Is That Bearish? [View article]
    Yes mobyss, I wonder too about the same observation regarding the testing of new highs and the repeated ceiling effect.

    Thanks Chris for the update. You should be writing at Marketwatch BTW as your work is a hell of a lot more thought out and helpful to investors than 90% of the writers there.
    Feb 26 11:59 PM | 3 Likes Like |Link to Comment
  • BDC Rankings: February 2014 [View article]
    Buzz Awesome. Am in the market for a couple BDCs as a few are toppy now from when I bought in.

    Thanks so much for the analysis!
    Feb 24 04:14 PM | 1 Like Like |Link to Comment
  • A Look Inside The Fama-French 3-Factor Model [View article]
    This is a helpful article and makes me consider the value side of the large cap space.

    My own recent experience has been that large cap growth ETFs have been outperforming large cap value ones for the last year or so. Just the opposite seems to have occurred in the small cap space.

    I largely subscribe to Paul Merriman's ideas of emphasizing the value space, but there is no doubt from my own ETF holdings that your observations here are borne out in recent history.

    Thanks for your work.
    Feb 21 12:18 AM | Likes Like |Link to Comment
  • How To Deal With The Scary 1929 Parallel Chart [View article]
    Chris is one of the best writers here at SA and he happens to provide valuable lessons in observing and interpreting the market. Frankly if it weren't for his work and that of a handful of others, the SA site would be filled with naysayers and lollipop suckers.

    If you don't like his work then maybe you don't understand it or just don't want others to be versed in prudence. As for me, I'm a fan.

    Thanks for your contributions Chris.
    Feb 11 11:30 PM | 4 Likes Like |Link to Comment
  • Fifth Street Finance's Upcoming Fiscal Q1 2014 Net Asset Value Projection [View article]
    Thanks for the report. Well written and easy to follow.

    What implications might there be if we do happen to see interest rates increase? Would a BDC like FSC find advantages in an increased interest rate environment?
    Feb 1 03:35 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
26 Comments
27 Likes