Highest-Yielding Magic Formula Stocks- September 28, 2006 Ever since I read Joel Greenblatt's The Little Book That Beats the Market, I've been thinking about ways to integrate his system into my own. The problem was, that Greenblatt's so-called "Magic Formula" does not take into account dividends at all, while mine certainly does.For those of you who are not familiar with the magic formula, here's a quick summary: Greenblatt wants to buy excellent companies (i.e. ones that have high pre-tax return on capital) at a cheap price, which he measures by...http://whereistheyield.blogspot.com/2006/09/highest-yielding-magic-formula-stocks_28.html REIT ETFs - Comparative Analysis (RWR,VNQ,IYR)- September 27, 2006 Take a look at the 2 year chart comparing the performance of the three US REIT ETFs.The three funds follow 3 distinct indices: the Wilshire REIT Index (RWR) , the Morgan Stanley REIT Index (VNQ) and the Dow Jones U.S Real Estate Index (IYR). The underlying holdings of the latter two are almost identical, so it's not surprising to see their performance has been just about the same. They have both been outperformed by the Wilshire index, which has a somewhat different weighting of various...http://whereistheyield.blogspot.com/2006/09/reit-etfs-comparative-analysis_27.html ETF ideas- September 26, 2006 There has been such a truckload of new ETF offerings recently, that a reaction, equal in force but opposite in direction, should hardly come as a surprise to anyone. And so, many market observers and commentators have come out and said: "This is too much", and "Who needs so many ETFs anyway".My take on the subject is this: We don't need many of the funds being offered, but that doesn't mean that all the usable ETFs have already been introduced. The ETF industry has a long way to go still. It...http://whereistheyield.blogspot.com/2006/09/etf-ideas.html |