In this episode we answer emails from Anderson, Camille, and Chris. We discuss and HSA vs. a Roth IRA for a lower-taxed earner, the tax, brokerage account, and portfolio considerations for a globe-trotting Canadian, and the gestalt of this podcast. Links: Father McKenna Center Donation Page: Donate - Father McKenna Center Portfolio Charts Portfolio Matrix: Portfolio Matrix – Portfolio Charts Amusing Unedited AI-Bot Summary: Imagine navigating the world of international investment with the finess...
Nov 07, 2024•40 min•Season 5Ep. 376
In this episode we answer emails from Frank and Dan. We discuss investment considerations in the 32% marginal bracket, reallocating a cash holding to bonds and alternatives and common withdrawal mechanisms for taking monthly distributions. Link: Father McKenna Center Donation Page: Donate - Father McKenna Center Amusing Unedited AI-Bot Summary: Ever pondered how to perfectly balance your portfolio in a high tax bracket? We promise you'll gain actionable insights from Frank, a generous donor and ...
Oct 30, 2024•30 min•Season 5Ep. 375
In this episode we answer emails from Gordon, Roger and John. We discuss the ChooseFI podcast and podcast appearances, modern trends in fund construction and considerations with leveraged funds while transitioning to a drawdown portfolio, along with some basic guidelines. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Roger's Bloomberg Article: Goldman’s Kostin Urges Putting Brake on Stock-...
Oct 27, 2024•30 min•Season 5Ep. 374
In this episode we answer emails from David, Jennifer and Byron. We discuss Risk Parity books and finance books and sources in general, considerations in taking control of a complicated portfolio from a (former) AUM advisor, and portfolio considerations for the younger investor considering tech, leverage and other various and sundry things. Links: Book #1: Risk Parity: How to Invest for All Market Environments by Alex Shahidi | Goodreads Book #2: Risk Parity Fundamentals by Edward E Qian | Goodr...
Oct 24, 2024•34 min•Season 5Ep. 373
In this episode we answer emails from Lucas, Hannelore and Joe. We discuss databases, where to put your gold ETFs and how it is taxed, and a modelling recommendation for testfol.io and modelling OPTRA. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Father McKenna Center Donation Page: Donate - Father McKenna Center Ken French Database Page: Kenneth R. French - Data Library (dartmouth.edu) P...
Oct 20, 2024•24 min•Season 5Ep. 372
In this episode we answer emails from Anderson, Sean and Colin. We discuss the OPTRA sample portfolio, using rising glidepaths or bond tents in portfolio management and Colin's "Smooth Operator" Portfolio. Links: 2016 Kitces Article re Bond Tents and Glidepaths: The Portfolio Size Effect And Optimal Equity Glidepaths (kitces.com) Portfolio Charts Portfolio Matrix Comparison Tool: Portfolio Matrix – Portfolio Charts Colin's Portfolio: Backtest Portfolio Asset Allocation (portfoliovisualizer.com) ...
Oct 18, 2024•31 min•Season 5Ep. 371
In this episode we answer emails from Jimmy, Dave and Richard. We discuss the joys of Joe's Garage, the Bogleheads Simba spreadsheet and Lazy Portfolios and a revisit of the ETF SVOL. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Simba's Spreadsheet (Article And Link): Simba's backtesting spreadsheet - Bogleheads SVOL Webpage: SVOL Simplify Volatility Premium ETF | Simplify Richard's SVOL ...
Oct 13, 2024•28 min•Season 5Ep. 370
In this episode we answer emails from Frank, John, Aaron and Pete. We discuss bond allocations in treasuries of various durations, when retirement account space is limited and the tax bracket is high, the reasons for the strange presentation of this podcast and how to use a new AI-Bot to circumvent them (with an embedded example of an AI-Bot podcast created from Episode 333 about target date funds), the joys of having younger listeners and Derek Tharp's Monte Carlo based variable withdrawal stra...
Oct 09, 2024•50 min•Season 5Ep. 369
In this episode we answer emails from Andrew, Jeff, Ron and Javier. We discuss analysis tools for leveraged funds like UPRO and TNA, Tactical Allocation Strategies, how and where this podcast is distributed, and brokerage account options for foreign (to the US) nationals. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Andrew's Portfolio Visualizer Link: Backtest Portfolio Asset Allocation (...
Oct 06, 2024•27 min•Season 5Ep. 368
In this episode we answer emails from Mark, Jon and Richard. We discuss the perils of income investing, covered call funds and SPYI, one potential future of DYI investing using levered and unlevered risk-parity style portfolios, and the use and misuse of historical data in various analyses with a reference to a blog post from Cliff Asness. Links: Video re SPYI: SPYI Squeezes 12% Yield from the S&P 500 (SPYI ETF) (youtube.com) Portfolio Visualizer Litmus Test of SPYI: Backtest Portfolio Asset...
Oct 03, 2024•32 min•Season 5Ep. 367
In this episode we answer emails from Mark, James and Anderson. We discuss differing performances in managed futures funds, a Portfolio Visualizer calculator and what to do with a TSP, and what to do about 529s when approaching the use date. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Recent ChooseFI podcast with Yours Truly: 5% SWR, Revealed Preferences and the 3 stories | Frank Vasquez...
Sep 28, 2024•42 min•Season 5Ep. 366
In this episode we answer emails from Mikel, Garrison and Matt. We discuss our charity and some foundational episodes, the use of leveraged fund UPRO in the OPTRA sample portfolio, and the four phases of learning and knowledge in personal finance, which are (1) Baby Steps; (2) Shiny Object Syndrome; (3) Applying Formulas That Represent Sound Investing Principles; and (4) Understanding Sound Investing Principles And Applying Them Directly. And Mt. Rushmore and The Dog With The Longest Name. And T...
Sep 08, 2024•41 min•Season 5Ep. 365
In this episode we answer emails from Brian, JD and Andrew. We discuss using leverage in portfolios (again!), gold ETFs and early retirement considerations and withdrawal strategies. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Yours Truly on the Forget About Money Podcast: 🎲 Risk Parity: The Secret to a 5% Safe Withdrawal Rate! | Frank Vasquez 🏆 (youtube.com) Ben Felix Video On Leverag...
Sep 01, 2024•31 min•Season 5Ep. 364
In this episode we answer emails from Phil, MyContactInfo, and Eric. We discuss implementing factor investing and making portfolio adjustments in a risk-parity style portfolio, HECOMs and other considerations about reverse mortgages and buffered products, the fundamental problems with IUL that need to be accounted for before using it, and just how rich you probably need to be to be using insurance products as investments. Hint: You are not that rich. Links: Swedroe Factor Investing Book: Your Co...
Aug 29, 2024•34 min•Season 5Ep. 363
In this episode we answer emails from Robert, Jamie and Richard. We discuss transitioning away from a Boglehead Three Fund portfolio due to its obsolete nature, a query about the DBMF prospectus and an early retirement with a 70/30/10 risk-parity style portfolio in the face of some spurious Sonia-like objections. Links: Father McKenna Center Donation Page: Donate - Father McKenna Center Merriman Best-In-Class ETF List: Best-in-Class ETF Recommendations | Merriman Financial Education Foundation (...
Aug 22, 2024•34 min•Season 5Ep. 362
In this episode we answer emails from Chris, Andrew and Jenzo. We discuss portfolio, forms of leverage in leveraged portfolios, transitioning to a Golden Butterfly portfolio, and working with your spouse productively on your finances. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Father McKenna Center: Home - Father McKenna Center Article re Margin vs. Leveraged ETFs: Margin Trading vs. Le...
Aug 18, 2024•31 min•Season 5Ep. 361
In this episode we answer emails from Ned, Kyle and Willy. We discuss tools for the sight-impaired, building out from an accumulation portfolio, the new bitcoin ETFs, and what to do in a complex Coast FI situation involving both an invested portfolio and some raw land. Link: Father McKenna Center Donation Page -- Remember to mention "The Financial Quarterback match" in new donations: Donate - Father McKenna Center Amusing Unedited AI-bot Summary: Can a legally blind investor successfully navigat...
Aug 14, 2024•33 min•Season 5Ep. 360
In this episode we answer emails from Frank, Michael and Aaron. We discuss four good portfolio analyzer tools, the hidden meanings in the Risk Parity Radio logo, the deficiencies of the website and where to find good international funds to use for portfolio construction. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Father McKenna Center Donation Page -- Remember to mention "The Financial ...
Aug 11, 2024•38 min•Season 5Ep. 359
In this episode we answer emails from Jared, Jon and Jimmy. We got the three Js! We discuss Jared's work to create AI Uncle Frank, his accumulation variation of the O.P.T.R.A. sample portfolio, carry strategies, whether to reinvest distributions and using multiple managed futures funds. Links: Father McKenna Center Donation Page (don't forget to include "The Financial Quarterback Match" in the comment/dedication box): Donate - Father McKenna Center Jared's Accumulation O.P.T.R.A. Portfolio: test...
Aug 07, 2024•30 min•Season 5Ep. 358
In this episode we answer emails from Justin, Joe and Jenzo. We discuss the legacy of Risk Parity Chronicles, basic accumulation principles, and what we can learn from a debate on gold between Ben Felix and Tyler of Portfolio Charts. And talk about our charitable promotion for the Father McKenna Center. And then we go through our weekly portfolio reviews of all eight of the sample portfolios you can find at Portfolios | Risk Parity Radio . Additional links: Father McKenna Center Donation Page --...
Aug 04, 2024•45 min•Season 5Ep. 357
In this episode we answer emails from Ed, Cy, Visitor 5002, and Lucas. We discuss preferred shares funds, rebalancing and ranting, how the podcast sausage is made and Risk Parity Chronicles. And the charitable matching opportunity with the Financial Quarterback for the benefit of the Father McKenna Center. Links: Father McKenna Center Donation Page (don't forget to include "The Financial Quarterback Match" in the comment/dedication box): Donate - Father McKenna Center Financial Quarterback Podca...
Jul 31, 2024•31 min•Season 5Ep. 356
In this episode we answer questions from Nonamed, Ronald, and Jose. We discuss how sensational financial media works and why you should ignore it, being thankful for our listeners and how correlations work and relate to macro-economic environments in the context of the Holy Grail principle. And we discuss our charitable match outreach for the Father McKenna Center. And then we go through our weekly portfolio reviews of all eight of the sample portfolios you can find at Portfolios | Risk Parity R...
Jul 28, 2024•41 min•Season 5Ep. 355
In this episode we answer emails from Steve, Grant, and Alexi (a/k/a "the Dude"). We discuss investing in managed futures and property and casualty insurance companies, rebalancing mechanisms and fitting those into a portfolio, Grant's various gambling problems with leveraged funds and assorted Metaverse doom-scrolling, and the recent annoying changes with Portfolio Visualizer. And our charitable push for our charity, the Father McKenna Center --get the match! Links: Father McKenna Center Donati...
Jul 25, 2024•42 min•Season 5Ep. 354
In this final episode of Season Four we discuss the concepts of rebalancing and reallocating in all their glory and go through the planned annual rebalancings for four of the sample portfolios in excruciating detail. We also discuss all of the assets and allocations in the Risk Parity Ultimate portfolio and which ones we actually own in real life. And we go through our weekly portfolio reviews of all eight of the sample portfolios you can find at Portfolios | Risk Parity Radio . Additional link:...
Jul 21, 2024•50 min•Season 4Ep. 353
In this episode we answer emails from Judy, Steve and MyContactInfo. We discuss a recent offer by The Financial Quarterback podcast to match donations the the Father McKenna Center (yay!), why you should buy gold ETFs and NOT physical gold, Cartman and Kyle, and the varying value of education depending on the individual. Links: Father McKenna Center Donation Page -- Remember to mention "The Financial Quarterback match" in new donations: Donate - Father McKenna Center ETF Database -- Gold ETFs: G...
Jul 18, 2024•38 min•Season 4Ep. 352
In this episode we answer emails from Brian, Wendy, and Midas. We discuss the bond fund GOVT and how it fits or doesn't fit in portfolio construction, some basics about IRA conversions and retirement resources (podcasts and groups), and follow up on Episode 340 with a discussion on our pedagogical approach, the pluses and minuses of the Socratic Method and tilting at logical fallacies. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfoli...
Jul 14, 2024•42 min•Season 4Ep. 351
In this episode we answer emails from Jeffrey, Justin and Matt. We discuss the concept of "skew" generally and in the context of investing in managed futures, a "station wagon" portfolio similar in macro-allocations to the new OPTRA sample portfolio, and the age old question of whether to pay down debt or invest. (Uncle Frank says "Do Both.") Links: Basic Article About Skew: Right Skewed vs. Left Skewed Distribution (investopedia.com) MFUT Fund Fact Page: Cambria Chesapeake Pure Trend ETF (MFUT)...
Jul 11, 2024•36 min•Season 4Ep. 350
In this episode we introduce a new sample experimental portfolio, the O.P.T.R.A., which is now also featured on the Portfolios Page at the website . It is a mixture of the latest and greatest ideas in portfolio construction. Links: O.P.T.R.A. backtest: testfol.io O.P.T.R.A. correlation analysis: testfol.io Morningstar UPRO: UPRO – Portfolio – ProShares UltraPro S&P500 | Morningstar Morningstar AVGV: AVGV – Portfolio – Avantis All Equity Markets Value ETF | Morningstar Morningstar GOVZ: GOVZ ...
Jul 03, 2024•34 min•Season 4Ep. 349
In this episode we answer emails from Marco Esquandolas, Adrian and Paulo. We discuss portfolio advice for a precocious 11-year old, a simple return-stacked portfolio a la Corey Hoffstein and the priority of the Simplicity Principle, and some recent articles about the Fama-French database. Links: Corey Hoffstein Talking About His Return-Stacked Portfolio: Show Us Your Portfolio: Corey Hoffstein (youtube.com) Paulo's Bloomberg Article: A Fight Over Factor Investing Tests a Pillar of Modern Financ...
Jun 27, 2024•27 min•Season 4Ep. 348
In this episode we answer emails from Steven, Kaleb and Reynolds. We discuss a levered small cap fund (SAA), short-term cash management and related ETFs, and how to compare and use bond funds of differing durations. 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: ETF Database -- Ultra Short Term Bond Funds: The Web's Best ETF Screener | ETF Database (etfdb.com) Morningstar Article on BOXX: B...
Jun 23, 2024•29 min•Season 4Ep. 347
