Archive for August, 2009

Moved my web hosting out of 1&1

Friday, August 21st, 2009

1and1 (1&1) webhost is increasing the hosting fees by 40% from $4.99 per month to $6.99 per month. I made good on my promise to transfer my website out. I have moved the website to Arvixe Personal’s Class hosting which offers “unlimited storage and bandwidth” and includes one domain name registration. I made a one-time [...]

Muni ETFs with in-cash creations

Friday, August 7th, 2009

Indexuniverse has an interesting article on in-cash ETF share creations for muni ETFs as opposed to in-kind creations. The article attempts to explain how in-kind creations can help to eliminate ETFs trading premiums in cases where the underlying securities are relatively illiquid.
The following figure shows the trading premiums of the two types of ETFs.

Clearly allowing [...]

Does an asset class allocation of less than 5% make sense?

Thursday, August 6th, 2009

In allocating the asset classes in a portfolio, many “experts” recommend that to keep things simple, it does not make sense to sub-divide the portfolio into anything less than 5%. The usual cited reason is that it complicates the portfolio with very little increase in benefit.
For example, if an asset class has an allocation of [...]