In this episode we answer emails from Spencer, Hannalore, Keith and Claire. We discuss a new article at Portfolio Charts, leveraged intermediate treasury bonds and their possibilities and implications, and invitations for ads. Links: Ingredients Article: Three Secret Ingredients of the Most Efficient Portfolios – Portfolio Charts Bias-Variance Dilemma Episodes: Podcast #49| Risk Parity Radio ; Podcast #64| Risk Parity Radio ; Podcast #66| Risk Parity Radio Hannalore's Seeking Alpha Article: TYA:...
Dec 23, 2021•28 min•Season 2Ep. 137
In this episode we answer emails from Mark B, Matt, Kevin, Arun and Danny. We discuss GBTC, my idiosyncrasies, the G-Fund in the TSP, SWAN and More Cowbell, the mechanics of using a risk-parity portfolio for intermediate accumulation, a 3 liter bottle of Chianti, and the limitations of the data set in portfolio visualizer. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio and zero in on the diversification benefi...
Dec 19, 2021•39 min•Season 2Ep. 136
In this episode we answer questions from Stephen (Superb Diamond Range), Alan, Chris, Neil, and Esek. We discuss my limitations, the failings of my podcast, the crypto-currency PAXG, using leveraged ETFs for accumulation and the latest in the Risk Parity Radio YouTube Tutorials. Enjoy! Links: ChooseFI M1 Levered Risk Parity Portfolio: Experimental RPR Lever | M1 Finance Introduction to the Accelerated Permanent Portfolio: Episode #8 | Risk Parity Radio Introduction to the Aggressive Fifty Fifty ...
Dec 15, 2021•17 min•Season 2Ep. 135
In this episode, first off we address emails from Patrick, Frank, Hannelore, Peter, and Thomas and Angela. We discuss allocating the Golden Ratio sample portfolio at M1 Finance, minimum meaningful allocations to gold and treasury bonds, where we find Safe Withdrawal Rate calculations and how to buy the Risk Parity Radio NFTs. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional Links: M1 Golden Ratio Samp...
Dec 11, 2021•25 min•Season 2Ep. 134
In this episode we answer emails from Justin, David, Paul, Ted and "Mycontactinfo". We discuss the new LifeGoal risk-parity based funds and other commercial concoctions, my availability for consulting, our awesome audience, dealing with a 457b Top Hat Plan and the theoretical underpinnings of most things in the universe, including financial markets. Links: LifeGoal Funds Page: About LifeGoal Investment (lifegoalinvestments.com) Comparison Analysis of AQRIX: Backtest Portfolio Asset Allocation (p...
Dec 09, 2021•29 min•Season 2Ep. 133
In this Barry-Barry-nice episode, we address an email from "Mandy" about her transition to retirement. We discuss minimizing the taxes with long-term capital gains rates, a proposed NTSX-based portfolio, preferred shares funds and how to think about setting your personal withdrawal rate in a flexible way that matches your actual expenses. Links: NTSX-Based Portfolio Analyses: Backtest Portfolio Asset Allocation (portfoliovisualizer.com) Article re Preferred Shares Funds: Preferred Stock ETFs: Ta...
Nov 30, 2021•24 min•Season 2Ep. 132
In this episode we celebrate our latest patron Jake, announce our latest YouTube Tutorial, and then get to some emails from Ben, Andy and Keith, where we discuss accumulation portfolios and transitions, Andy's mania for Risk Parity Radio NFTs and what to do about ONL. Then we finish up with our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio and look at the textbook performance of treasury bonds on Friday. Additional Links: New Tutorial on P...
Nov 27, 2021•22 min•Season 2Ep. 131
In this episode we answer emails from Stephen, James, Randy and David. We address a proposed 70/20/10 portfolio construction, rebalancing UPRO/TMF portfolios, portfolio constructions with trading strategies, and potential future rants. Then we discuss our NFT experiment, what you might consider for Giving Tuesday and Lessons and Carols. Links: Stephen's Interview of Me: Superb Diamond Range: Frank Vasquez of Risk Parity Radio (The Financial Series) | #49 | Risk Parity Investing | podcast | supe...
Nov 24, 2021•23 min•Season 2Ep. 130
In this episode we answer emails from Anderson, Brad, David, Ana and Christy. We discuss I-bonds vs. TIPS, John Kimble, Portfolio Builder, Steve Van Metre and new-fangled ETFs, and Uncle Frank's advice to newer investors. Then we finish up with our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional Links: I-Bonds vs. TIPS Article: I Bonds vs. TIPS: What’s the best bet for inflation protection? | Treasury Inflation-Protected Securitie...
Nov 20, 2021•38 min•Season 2Ep. 129
In this episode we, ahem, "address" a recent attempt by Morningstar to predict the future returns and performance of markets for the next 30-40 years using a bag of crystal balls and their conclusions about safe withdrawal rates. Links: The Report in Question: State-of-retirement-income.pdf (morningstar.com) The Data They Should Have Been Using: Diversification_Landscape_033021v2.pdf (morningstar.com) The Track Record Of These Methodologies According To Morningstar: Your Forecasts for Stock and ...
Nov 16, 2021•31 min•Season 2Ep. 128
In this email we answer emails from John, Gary, Chuck, PJ, Dave and Brandon. We discuss crystal-ball-laden catastrophes, modern alternative asset fund opportunities, help with the Portfolio Visualizer calculators, my recent absence, my lack of written output, Roth 401k and IRAs. Links: Big Ern Sequence of Return Series #34 and Comments: Using Gold as a Hedge against Sequence Risk – SWR Series Part 34 – Early Retirement Now Episode 40 re Gold: Podcast #40 | Risk Parity Radio Episode 70 re CAPEd C...
Nov 11, 2021•29 min•Season 2Ep. 127
In this episode we answer a trifecta of questions from Christopher and emails from JonB and Value Stock Geek. We discuss accumulation, dollar-cost averaging, a Bridgewater paper, calculating withdrawals from the sample portfolios and the Weird Portfolio. And then we go to our weekly and monthly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio And then we crawl back in the morass of our NFT experiment. Additional links: Bridgewater Paper from Episode...
Nov 07, 2021•39 min•Season 2Ep. 126
In this episode we answer emails from Paul, Mike, Brett, Yarrow and Peter. We discuss a Levered All Seasons Portfolio, an investment in BIP, closed-end funds and issues with GAA. We also address Peter's issues with trying to buy a Risk Parity Radio NFT. Links: Optimized Portfolio Article about the Levered All Seasons: Ray Dalio All Weather Portfolio Review, ETF's, & Leverage (optimizedportfolio.com) Paul's Levered All Weather M1 Pie: Paul's Portfolio | M1 Finance Correlation Analysis for BIP...
Nov 04, 2021•37 min•Season 2Ep. 125
In this episode we start by answering emails from Melanie, David, Jeffrey and Richard about Schwab ETF alternatives, Mary Mary, the financial podcasts I listen to, sector and other stock funds in the context of the Holy Grail and Macro-Allocation Principles, leveraged bond funds and the whys of the bonds we use in the sample portfolios. One additional excellent personal finance podcast I neglected to mention is The Earn & Invest Podcast (earnandinvest.com) with Doc G. Then we roll out some R...
Oct 31, 2021•56 min•Season 2Ep. 124
In this episode we answer emails from Visitor 3050, Daniel, Chet, Jack, Jeff and Marc. We discuss risk-reward metrics and where to find them, corrections to modelling SWAN, using asset class analyzers, "bracketed rebalancing", adding gold to a portfolio and the bond breakdown of NTSX. Links: Portfoliocharts Risk and Return Analyzer: RISK AND RETURN – Portfolio Charts Daniel's Portfoliovisualizer Analysis of SWAN: SWAN Backtest Portfolio Asset Allocation (portfoliovisualizer.com) SWAN compared wi...
Oct 27, 2021•34 min•Season 2Ep. 123
In this episode we answer emails from EJ, J Allen, Paul, Hoarseman, Larry and Anderson. We discuss bitcoin funds, the Callan Periodic Table, transitioning your portfolio to decumulation, I-bonds, a momentum strategy and becoming a financial planner/advisor. Links: Updated Kiplinger article re (now 12) crypto-currency funds: 12 Bitcoin ETFs and Cryptocurrency Funds You Should Know | Kiplinger Larry's Link Re Momentum Strategy: Accelerating Dual Momentum Investing – engineered portfolio Millionair...
Oct 21, 2021•29 min•Season 2Ep. 122
In this episode we answer emails from Julie, Pat, Craig, Chris and Matt, in which we discuss the Retirement Spending Calculator at Portfoliocharts, leveraged portfolios and ETFs in taxable and tax-protected accounts, crypto-fund alternatives, risk parity research and articles, and asset location in Roth vs. taxable. And THEN And then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional Links: The Retirement Spending Calcul...
Oct 18, 2021•48 min•Season 2Ep. 121
In this episode we address the seemingly intentional friction imposed by the financial services industry preventing us from moving our own retirement accounts around. Then we tackle emails from Jay, Andrew, Dave (x2) and Justin about Vanguard funds, Mel Brooks and quadruple-witching days, cockroach portfolios and the bias-variance dilemma, and modelling low-volatility funds. Partial list of useful Vanguard ETFs: Total Market: VTI Large Cap Growth Stocks: VUG Small Cap Value Stocks: VIOV or VBR R...
Sep 16, 2021•33 min•Season 2Ep. 120
In this episode we answer questions from Joel, Javen, Bradley and Brian. We discuss leveraged portfolios, GOLD, the BTAL episode, accumulation portfolios, brokerage comparisons and how we calculate the returns on our sample portfolios. And THEN And then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional links: Portfolio Visualizer Analysis of Joel's Portfolio: Backtest Portfolio Asset Allocation (portfoliovisualizer.com)...
Sep 13, 2021•44 min•Season 2Ep. 119
In this episode we analyze the Amplify Black Swan Growth & Treasury Core ETF, ticker symbol SWAN, using David Stein's Ten Questions to Master Investing, which are: 1. What is it? 2. Is it an investment, a speculation, or a gamble? 3. What is the upside? 4. What is the downside? 5. Who is on the other side of the trade? 6. What is the investment vehicle? 7. What does it take to be successful? 8. Who is getting a cut? 9. How does it impact your portfolio? 10. Should you invest? Additional Link...
Sep 08, 2021•22 min•Season 2Ep. 118
In this episode we answer emails from Bob, Kelly, Jack and David. We discuss long term treasury bond and STRIPS funds, Iowa and the Field of Dreams, a Ray Dalio article about bonds from March and a missing link. And then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Ray Dalio Article Link: Why in the World Would You Own Bonds When... (bridgewater.com) Support the show...
Sep 05, 2021•36 min•Season 2Ep. 117
In this episode we answer emails from Ralph, Justin, Rikki, Dan, Anderson and Phil. We address, dividends, bonds vs. bond funds, portfolio visualizer vs. portfolio charts, a PIMCO bonds correlations paper, ideas from Dan, and the Hedgefundie portfolio (again). Links: The PIMCO Stock-Bond Correlation Paper: displaydocument.ashx (pimco.fi) Dan's Blog: KEEP INVESTING $IMPLE, $TUPID! | But not simpler than it needs to be! (keepinvestingsimplestupid.com) Experimental Leverage Risk-Parity Portfolio At...
Sep 02, 2021•30 min•Season 2Ep. 116
In this episode we answer four emails from Dave, or Zanzibar Buck-Buck McFate if you prefer. We address foolish consistencies and conflicts of interest, the reason we have sample portfolios, interest rate hysteria and Vanguard's VPGDX fund. And then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional Links: Contents of VPGDX: VPGDX - Vanguard Managed Allocation Fund | Vanguard Analysis if VPGDX vs. Golden Butterfly vs. Go...
Aug 30, 2021•33 min•Season 2Ep. 115
In this episode we analyze the AGFiQ US Market Neutral Anti-Beta Fund ETF, ticker symbol BTAL, using David Stein's Ten Questions to Master Investing, which are: 1. What is it? 2. Is it an investment, a speculation, or a gamble? 3. What is the upside? 4. What is the downside? 5. Who is on the other side of the trade? 6. What is the investment vehicle? 7. What does it take to be successful? 8. Who is getting a cut? 9. How does it impact your portfolio? 10. Should you invest? This fund analysis was...
Aug 24, 2021•33 min•Season 2Ep. 114
In this episode we answer questions from Greg, David, Chris, Rikki and John-Michael. We discuss the "Weird Portfolio", do a Vanguard Life-Strategy Funds comparison, using a risk-parity style portfolio for intermediate needs, alternative allocations and related tax issues, treasury bonds, emerging markets funds and tax-advantaged transactions, and the Experimental Risk Parity Lever portfolio at ChooseFI and M1. Links: Weird Portfolio Article: The Weird Portfolio. How To Avoid Bubbles, Limit Drawd...
Aug 18, 2021•49 min•Season 2Ep. 113
In this episode we answer emails from Bob, Zahir, Melanie, Pat and Rob. We address sound effects, strange voices, analyzing leveraged investments, test-driving risk-parity portfolios, selling bad investments in individual stocks, small-cap value stock investments over time and balancing safe/perpetual withdrawal rates vs. projected drawdowns. Then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio Additional Links: Episode 111 Note...
Aug 14, 2021•34 min•Season 2Ep. 112
In this episode we answer emails from Keith, Jeffrey, Evan, Brendan, Kelly and Paul. We address Kelly Criterion and other risk/reward considerations (Sharpe and Sortino ratios), crystal balls, the "Possibility Effect" cognitive bias and a base-rate analysis of the Golden Butterfly portfolio, issues with IVOL, trading ETFs at Vanguard, the perpetual withdrawal rate, expense ratios and bucket strategies, basic retirement considerations, issues with QYLD and an examination of Big Ern's leveraged re...
Aug 12, 2021•49 min•Season 2Ep. 111
In this all-email extravaganza we address emails from Spencer, Nick, Bob, Randy, Falco, Kevin, and Daniel. We address the Hedgefundie Portfolio (again!), an article about a 50/50 stock/10-year treasury reference portfolio, BigErn's research about gold (again!), CAPEd and other common crystal balls and the erroneously implied mean-reversion assumption, gold etfs, using cash as a short-term risk-reducer, implementing the Golden Ratio in the Netherlands, a missing link from Episode 7 and implementi...
Aug 10, 2021•38 min•Season 2Ep. 110
In this episode we discuss the rebalancings of four of the Sample Portfolios at Portfolios | Risk Parity Radio , which occurred on July 21, 2021. We also adjusted the allocations of the Risk Parity Ultimate Portfolio to make it more diverse. And we answer emails from Rob and Colin to boot, about considerations in making portfolio adjustments and what to do if you end up with too much retirement money. And celebrate crossing 100,000 downloads! Links: Comparison of Original Risk Parity Ultimate an...
Jul 21, 2021•31 min•Season 1Ep. 109
In this episode we start by addressing emails from Eric, Gareth, Jeff and Randy about transitioning with a high savings rate, data sources at portfoliovisualizer and portfoliocharts, Chinese A shares ETFs, and capital gains tax issues. Then we do our weekly portfolio reviews of the seven sample portfolios at Portfolios | Risk Parity Radio . After that we have some fun smashing some crystal balls discussed in a CNBC article and talk about more rebalancing. Yeah, baby, yeah! Links: Portfolio Visua...
Jul 18, 2021•34 min•Season 1Ep. 108
