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Mike Bishop

Mike Bishop
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  • The Attractiveness Of Farmland And Other Alternative Asset Classes [View article]
    Thanks for this interesting info!
    Feb 11, 2015. 12:08 PM | 1 Like Like |Link to Comment
  • Time In, Not Timing, Is Everything [View article]
    You can find lists of the best and worst days of US stock markets. Virtually all of the best and worst days are clustered together, usually during so times of market stress.

    I've heard the stats mentioned in this article for many years. While technically true, the it is extremely unlikely that someone would somehow jump in and out multiple times in order to miss those best days only and still experience the worst days.

    Using these stats is very misleading, however, the author may not even be aware of how the best and worst days are clustered.

    Having said all this, I do have concern for investors who drop out during a pullback or correction and then miss the ride back up. I believe that is fairly common.

    I personally attempt to time the market by moving to cash/bonds during periods of market stress. This will indeed cause me to miss the best days, but also the worst days. Achieving this consistently requires some sort of mechanical system and a bit of ice running through your veins as our emotions are our worst enemy!
    Jan 16, 2015. 01:24 AM | Likes Like |Link to Comment
  • Absolute Momentum Revisited [View article]
    Thanks for confirming this, Gary!
    Jan 8, 2015. 12:30 PM | Likes Like |Link to Comment
  • Absolute Momentum Revisited [View article]
    Hi Gary,
    Your strategies look very consistent! Thanks for your article.

    Do you use dividend adjusted pricing (perhaps a total return index) or price only?

    Thank again!
    Jan 5, 2015. 09:07 AM | Likes Like |Link to Comment
  • 5 Simple Ways To Beat The Market: Part 5 Of 5 [View article]
    Hi Ploutos,
    Thank you for your research and for sharing your findings in these 5 articles! I enjoyed reading them!

    Mike
    Dec 12, 2014. 12:24 PM | 2 Likes Like |Link to Comment
  • The Best Core Equity Holding For Your ETF Portfolio [View article]
    Just FYI ... IWV is not commission free at Fidelity. It used to be, but Fidelity dropped it from the free ones when they added ITOT, the Core ETFs, and the newer Fidelity sector ETFs last year.
    Oct 8, 2014. 11:52 AM | 1 Like Like |Link to Comment
  • Strategies For When The Bull Market Finally Dies [View article]
    Nice recap of the last 15 years or so!

    It is so easy to see all this from a high level looking at a chart after the fact. But it is extremely difficult to see and consider objectively when you are in the middle of the market's head fakes and volatile gyrations.

    Your article provides a good reminder to develop an exit plan before you need it as it is hard to stifle emotions when the markets go crazy.
    Jan 23, 2014. 08:12 AM | 3 Likes Like |Link to Comment
  • Is This The Best Emerging Market For 2014? [View article]
    As an American who lives in Turkey most of every year, I see and hear the recent political news everyday. My gut tells me this will get worse before it gets better. Of course we will see this more clearly a year or two from now.

    I too have considered buying some of TUR. I will likely wait a bit more and will probably average in by spreading my investment out over 2 - 3 quarters. If things turn around quickly while I'm averaging in, I'll just stop and be satisfied. And I will keep my total investment into TUR relatively small.

    Good luck with whatever you decide on this and for 2014!
    Jan 3, 2014. 04:17 AM | 2 Likes Like |Link to Comment
  • Simple Monthly Strategy Based On Polygamous Paired Switching [View instapost]
    Hi Varan,
    I like your ideas for utilizing Fidelity's expanded commission-free ETF list. Nice post!

    I'm a bit curious about including IYR in each group. I doubt that IYR would be chosen in all groups during the same month very often (perhaps never), but it seems a little risky should that happen. Did your back test show that happening any?

    Thanks,

    Mike
    Apr 4, 2013. 02:19 PM | Likes Like |Link to Comment
  • Ivy Portfolio 2012: Yin And Yang [View article]
    Varan,
    I like the simplicity of your model. And the semiannual maintenance is surely easier than monthly.

    As these ETFs were not selected by you, your follow up using the author's (Matthew's) ETFs serves as an out of sample test for your model, with excellent results!

    I replied to another of your comments on another post asking if you had tried your model using different months, such as April and October, etc. Have you experimented any moving your rebalance months?

    Thanks for sharing!
    Nov 9, 2012. 12:58 AM | Likes Like |Link to Comment
  • Measuring The Performance Of The Ivy Portfolio: October 2012 [View article]
    Varan,
    Did you try shifting the semiannual rebalance on a monthly basis to see if you get similarly good returns? I would be curious if the semiannual best 2 ETFs produces similar results with different rebalance months. For example, rebalancing in April and October would work well for me due to my personal travel schedule each year.

    Thanks,

    Mike
    Nov 2, 2012. 03:40 PM | Likes Like |Link to Comment
  • Rethinking Risk With Corporate Emerging Market Bond ETFs [View article]
    Thanks for your post!

    Now if Fidelity would just add CEMB to its list of commission free ETFs, this ETF would be more useful and easy to add to monthly.
    May 21, 2012. 09:56 PM | Likes Like |Link to Comment
  • Adaptive Asset Allocation: A True Revolution In Portfolio Management [View article]
    Great article Mr Short!

    Thanks for sharing your research with us!
    May 14, 2012. 10:04 PM | Likes Like |Link to Comment
  • Africa: The Single Best Equity Region To Buy And Hold [View article]
    I was aware that the NAV reflects all expenses, but some readers may not know that. While I still have my concern over expenses, I don't want my comment to be misunderstood. Thanks for your follow up clarification.

    The final results are what matters of course, but the high expenses present a drag and will hurt more at such time that the fund manager loses his/her hot streak. I concede that the fund manager seems to be earning the high fees for now.
    Mar 21, 2012. 12:57 AM | 1 Like Like |Link to Comment
  • Africa: The Single Best Equity Region To Buy And Hold [View article]
    I also agree about Africa's long term potential.

    I looked at NAFCX's performance and it looks impressive when compared to the AFK ETF. However, NAFCX's expense ratio at 3.26% is very high. This number is based on Yahoo Finance information.

    I checked the fund's website, http://bit.ly/GC7Pma, and confirmed the high expense ratio. It is also worth noting that the listed total expense ratio on the fund's website is 14.72% (no typo here) with them waiving 11.46% at least until July 31, 2012. I've never seen such a high expense ratio and I find it rather incredible. What if they stop waiving the 11.46% after July 31 this year?

    For that high of an expense ratio, this fund better deliver. I personally would avoid a fund with such a high expense ratio in favor of AFK, EZA, or one of the other available ETFs with much lower expense ratios.
    Mar 20, 2012. 02:49 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
29 Comments
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