Category Archives: Portfolio Management

Buying the Dip, but When?

Buying the dip always makes sense if you want a sleep-at-night type of portfolio rather than buying strength. The question, as always, is what do you buy and when do you buy it? We almost always focus on the S&P 500 because it represents almost

The Sleep-At-Night ETF Portfolio: Active Meets Passive

The research into sources of returns in portfolios dating back to the late 1980s in the Beebower, Brinson, and Hood study. It concludes that tactical asset allocation is by far the most important determinant of the bottom line outcome versus security selection (picking specific stocks

2019 Outlook and 2018 Recap of Berman’s Calls

If you haven’t heard me say this 100x before, or are just tuning in to hear what yet another one of these “talking heads” thinks is sure to happen in markets – let me disappoint again – NO ONE KNOWS what will happen next in

Controlling Beta Risk in ETF Portfolios Part 2

I often get asked about when to use covered call ETFs versus similar exposure that does not have the enhanced yield. The general answer is that in sideways to falling markets, a covered call strategy will generally improve your results. For Canadians, the benefit of

Controlling Beta Risk in ETF Portfolios

For years I’ve been preaching the merits of being an active investor versus a passive investor. The unique aspect of my approach is to use passive index strategies with ETFs to make active asset allocation decisions. Asset allocation is far more important than security selection