Retirement Investing Today

The FTSE 100 cyclically adjusted PE ratio (FTSE 100 CAPE or PE10) – June 2011

2011-06-21T14:02:00.000+01:00

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Is the Australian stock market cheap? - ASX 200 cyclically adjusted PE ratio (ASX 200 CAPE or ASX200 PE10) – June 2011 Update

2011-06-15T19:02:00.001+01:00

As shown in my first chart the ASX200 cyclically adjusted PE (ASX200 PE10 or CAPE) has been steadily declining since February. Today with the ASX200 closing at a price of 4567 the PE10 is 15.8 compared to the long run average since 1993 of 22.4. A quick look at these two values would suggest that the ASX200 is undervalued however I’m not so sure. The problem for me is that the data set that I

The Importance of Reinvesting Dividends

2011-06-09T14:40:00.000+01:00

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Gold Priced in British Pounds (GBP) – June 2011 Update

2011-06-08T11:15:00.001+01:00

It’s all very well for me to review the price of gold in USD’s however at the end of the day for a UK investor who will be living in the UK for the foreseeable future it is the price in GBP’s that is really important. So today let’s review gold when priced in GBP’s. At the time I am writing this post gold is sitting at £938. Looking at my first chart which tracks the historic Monthly Gold

I have my Index inked Savings Certificates. Do you? – UK savings interest rates – June 2011 Update

2011-06-03T15:10:00.000+01:00

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When will the haircut and pain occur – Aus, UK, US and the PIGS government 10 year bond yields – June 2011 update

2011-06-01T11:41:00.000+01:00

It’s been many months since I looked at the 10 year bond yields of Australia, the UK, the US and the PIGS. These can be seen in today’s charts. When I last posted in August of 2010 Greek 10 year debt was yielding 10.31%, as of the end of May 2011 that is now 16.29%. Mish’s post yesterday raised some great points and gave plenty of food for thought prompting this post. What is clear when it

Is Gold in a Bubble? - Gold Priced in US Dollars (USD) – May 2011 Update

2011-05-27T13:11:00.001+01:00

I currently hold 5% of my Retirement Investing Today portfolio in gold. This is in the form of physical ETC’s “which are intended to provide investors with a return equivalent to movements in the gold spot price less fees” available from the likes of ETF Securities. This is the commodities portion of my portfolio. I hold no other commodity types as the vast majority seem to be futures based

Irrational Exuberance and LinkedIn – History of Severe Real S&P 500 Stock Bear Markets – May 2011 Update

2011-05-20T11:18:00.000+01:00

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“...it is likely that had they not occurred, inflation would have been substantially lower...” – UK Inflation - May 2011 Update

2011-05-18T16:02:00.000+01:00

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The S&P 500 cyclically adjusted PE (S&P500 PE10 or S&P500 CAPE) – May 2011 Update

2011-05-15T15:23:00.000+01:00

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The ASX 200 cyclically adjusted PE ratio (ASX 200 CAPE or ASX200 PE10) – May 2011 Update

2011-05-13T21:33:00.000+01:00

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NS&I Index Linked Savings Certificates Are Back

2011-05-13T21:26:00.002+01:00

It’s been 297 days since NS&I Index Linked Savings Certificates were withdrawn from the market and I’m happy to say that today I received an email saying there back. The good news is they still appear to be linked to the RPI. There was speculation on some forums that the government may try and shift them to the CPI. They also still remain tax free. The bad news is that only an Issue 48, 5 year

The FTSE 100 cyclically adjusted PE ratio (FTSE 100 CAPE or PE10) – May 2011

2011-05-10T11:56:00.001+01:00

Now that I’m back in the blogging world I’ve been catching up on all the great posts that I’ve missed over the past few months from My Blog List (full list in the right hand sidebar of the page). Great UK based blogs such as Monevator, A Grain of Salt, Simple Living in Suffolk and UK Value Investor. This post from ermine at Simple Living has however made me think about my cyclically adjusted PE

My Retirement Investing Today Strategy Works – And I’m Still Yet to Retire

2011-05-09T12:12:00.000+01:00

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The ASX 200 cyclically adjusted PE ratio (ASX 200 CAPE or ASX200 PE10) – December 2010 Update

2010-12-19T17:57:00.000Z

The Australian ASX200 is currently 4763. Let’s look at the usual monthly indicators that I monitor every month for this index. My first chart shows the cyclically adjusted PE ratio (ASX200 PE10 or CAPE) at 17.8 which is up from 17.2 last month. The P/E ratio on the other hand heads in the opposite direction, heading downwards from 18.6 to 16.4. My second chart shows the relationship between the

This year my strategy is not adding any value - My Retirement Investing Today Current Low Charge Portfolio – December 2010

2010-12-15T07:00:00.004Z

This blog is not trying to sell you anything which means that I can freely share with you both the positives and the negatives of my strategy. Today though is neither really a positive or negative experience with my year to date Personal Rate of Return sitting at 8.6%, compared with my Benchmark Portfolio which has returned 8.5%. Of course given that I spend significant time maintaining my

The FTSE 100 cyclically adjusted PE ratio (CAPE or PE10) – December 2010

2010-12-12T16:39:00.000Z

Today’s first chart shows that with the nominal FTSE 100 price moving from 5694.6 (01 November) to 5642.5 (01 December) over the month, a decrease of 0.9%, the cyclically adjusted PE ratio (PE10 or CAPE) has also fallen from 14.1 to 13.9. These calculations are based on using the Consumer Price Index (CPI) to correct for inflationary effects. If I was to use the Retail Prices Index the PE10 would

When Money Dies and Gold Priced in British Pounds (GBP) – December 2010 Update

2010-12-04T21:01:00.000Z

With us living in a world where: - governments around the world are in an apparent race to devalue their currencies the most through various policies including Quantitative Easing (or as I like think of it, money printing) if you are in the US or UK; - Central banks in countries like the UK are running crazily low interest policies while allowing inflation to run a ‘little’ allowing the

Is Brisbane Cooling – Australian Property Market – November 2010 Update

2010-11-30T19:38:00.001Z

The Australian Bureau of Statistics (ABS) in November published both its House Price Index and its Average Weekly Earnings Index. Let’s therefore have a look if the country which both avoided recession and seems to have a Central Bank that is interested in controlling inflation but which to me looks like it has a bubble of a property market is still as bullish. I say has an interest in

There’s still plenty of time for -60% – History of Severe Real S&P 500 Stock Bear Markets – November 2010 Update

2010-11-28T12:07:00.000Z

I haven’t updated my History of Severe Real S&P500 Stock Bear Markets since August 2010. At that time QE Lite had only recently been announced. That strategy kept the dead US patient alive for 3 short months before the next load of stimulus, Money Printing 2 (sorry Quantitative Easing 2). Let’s put the $600 billion involved in QE2 into perspective. It’s the equivalent of $1,950 for every US man,

It must be nearly bonus time and the S&P 500 cyclically adjusted PE (PE10 or CAPE) – November 2010 Update

2010-11-25T18:55:00.000Z

If you’re a bank, particularly a bailed out tax payer owned bank, who’s about to pay out £7 billion or so in bonuses (which is the equivalent of £113 for every man, woman and child in the UK), while everyone else in the country is going through austerity and slowly being made redundant, then you have a seriously hard sell on your hands if you don’t want to be lynched. Before announcing the

A significant milestone plus the ASX 200 cyclically adjusted PE ratio – November 2010 Update

2010-11-07T13:25:00.004Z

I blog for many reasons including to engage with/learn from like minded people, to hold myself to account, to ensure I stay on the mechanical investing path I have set myself and to chart my progress to retirement to name but four reasons. Charting my progress to retirement hit a significant milestone this week. Those with a keen eye who spend time on Retirement Investing Today will be familiar

Happy birthday to me and the FTSE 100 cyclically adjusted PE ratio – November 2010

2010-11-06T15:00:00.000Z

Since my last post I’ve aged one more year. This has meant that in addition to spending enjoyable time with family and having one too many pieces of birthday cake I’ve also taken time out to assess the level of risk I want to hold in my low charge portfolio. As I’ve explained many times in the past (start here if you’d like to know the basics of my strategy) (http://

No nonsense FTSE 100 cyclically adjusted PE ratio update – October 2010

2010-10-03T12:34:00.000+01:00

No ramblings from me today. It’s just a simple update of the FTSE 100 cyclically adjusted PE (CAPE or PE10). The first chart shows that with the nominal FTSE 100 price moving from 5371 to 5592.9, an increase of 4.1%, over the month the PE10 ratio has also risen from 13.5 to 14.1. This is still well below the FTSE 100 PE10 20 Percentile of 17.0 while the 80 Percentile is 23.7. The long run

The challenges of value investing

2010-10-02T11:35:00.000+01:00

Unlike some people out there I am not a value investor in the true sense of the word. That is I don’t go looking for individual stocks which through the use of valuation metrics appear under priced. I would more class myself as a pseudo value investor. My strategy is to be either under weight or over weight equities depending on whether the market appears over or under valued using the cyclically