Risk Parity Radio

In this episode we answer emails from Carmello, Trevor, Timothy and Andreas.  We discuss some of the history of the gold standard and inflation, leveraged funds, portfolio reviews, short sellers and Fidelity's recent forays into risk parity. 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:...

In this episode we answer emails from Wesley, Mark and a different Mark.  And an errant comment from his Dude-ness, Alexi.  We discuss how municipal bond funds might be used in risk-parity style portfolios and how not, a couple of interesting newer financial planning calculators and the planning process I actually use instead to account for liquidity issues, asset allocations in accumulation when...

In this episode we answer two emails from Alexi (a/k/a the "Dude") and another from Barry.  We discuss funds that are designed to take advantage of rising interest rates like RRH, RISR and PFIX, another Dude-constructed accumulation portfolio with leveraged funds and some portfolio construction rules of thumb, and the noisy-ness of correlation data and matrices. And THEN we our go throug...

In this episode we answer emails from Clint, Jeff and Penny.  We discuss brokerage firms and solvency issues, estimating expenses for long retirements and basic tax considerations in portfolio management. Links: Rob Berger Video About Brokerages and Solvency:  What Happens to Our Investments if Schwab, Fidelity or Vanguard Collapse? - YouTube Morningstar 2022 Retirement Report Download Page:   202...

In this episode we answer emails from Kevin, Graham and Boone.  We discuss the risk parity ETFs, RPAR and UPAR, leveraged portfolios, alternative assets, ETFs and some of the podcasts I'm listening to these days. Links: RPAR webpage:   RPAR Risk Parity ETF (rparetf.com) Risk Parity Book Review:   Top 10 Risk Parity Resources: #10... Shahidi (2021) (riskparitychronicles.com) CFA Institute Manu...

In this episode we answer emails from Anonymous, Jeffrey and Anderson.  We discuss locations for putting gold in various accounts, rant about the physical gold racket, discuss theoretical and practical risk parity portfolios, and talk about short and long term treasuries. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity...

In this episode we answer a series of emails from Drew and one from Ms. Annie Mouse.  We discuss the fund BLNDX, managed futures and how to analyze new and composite funds and then rant about TIPs misconceptions and uses for your delight and amusement. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio . Additional...

In this episode we answer emails from Johnny, Kevin and Daniel.  We discussed managed futures vs. commodity funds, the Mt. Lucas "Dirty Portfolios" with KMLM and how to transition from one asset to another in a portfolio with the beginning of a new pedagogical experiment in that. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfo...

In this episode we answer emails from Alexi (a/k/a "the Dude"), the effervescent MyContactInfo, and Mike.   We discuss a Portfolio Visualizer fund selection tool for factor investing, Merton and other academics, and an uncannily familiar diversified portfolio recently featured in a Marketwatch article.   And we play some Motorhead  and rant about financial media a bit. And THEN we our go...

In this episode we answer two looooong emails from Mark and Andreas.  We discuss Mark's quandaries with a 457 plan and Andreas's Risk Parity fever brought on by topics that include how to choose ETFs for each asset class, leverage in bond funds, TIPS, a proposed portfolio, other alternatives like long-short, market neutral and options strategies and musings about taxes and currency expos...

In this episode we answer emails from Kyle, Esek and Erin.   We discuss 529 plans, what is "enough" in terms of this podcast, and THEN the meta approaches to retirement planning and the importance of distinguishing portfolio construction and allocation strategies from portfolio management techniques, including a tour on the Good Ship Lollipop with the Outlaw Josey Wales.  Errata: I said...

In this episode we answer emails from Gareth, Mark and Alex.  We talk about the meta-differences in investing in various countries, utilities, long dollar funds like UUP, specialized commodities mutual funds like LCSIX and a couple new leveraged funds with mixed asset classes. Links: LCSIX Fact Sheet:  LoCorr-Funds-Long-Short-Commodities_fact_sheet.pdf (locorrfunds.com) Alex's SEC Link To Ret...

In this episode we answer emails from Justin and Arun.   We discuss the last decade of history of the failed use of CAPE ratios as a crystal ball and the general problems with those approaches, and the inherent limitations and problems with using the personal finance recommendations of theoretical economists. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios yo...

In this episode we take the Dude's suggestion and do a detailed analysis of the Advocate Rising Rate Hedge ETF, ticker symbol RRH. To conduct our analysis of RRH, we use SPLB, using David Stein's Ten Questions to Master Investing: 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 trad...

In this episode we answer emails from Alexi (Dude!) and Spencer.  We discuss a recent Bloomberg presentation about what asset classes perform best and worst in inflationary environment, how that informs portfolio construction and why we don't bother with meaningless fund characteristics like mid-caps and dividend-payers for portfolio construction. And THEN we our go through our weekly portfol...

In this episode we answer emails from Arun, Blake and MyContactInfo.  We discuss helping a spouse getting started with investing, what to do with an options strategy portfolio, why index funds still rule over managed funds, good and bad processes for picking funds and various gambling problems. Links: Simple Portfolios for Arun's Spouse:   Backtest Portfolio Asset Allocation (portfoliovisuali...

In this episode we answer emails from Alexi (Dude!), Yangon and Brett.  We discuss the momentum factor (again), mid-cap funds and other fund characteristics that are lacking in meaning for the purposes of diversification, financial advisor certifications and investing in BDCs (Business Development Companies). And THEN we our go through our weekly portfolio reviews of the seven sample portfolios yo...

In this episode we answer a trio of emails from MyContactInfo and a piece de resistance from Eric.  We discuss why complicated financial products are bad for you, Peter Bernstein's books and what Paul Volcker had to say about gold, and spurious histories of money.  And we celebrate our inanity and insanity with Eric. Links: Power of Gold book:   The Power of Gold: The History of an Obsession:...

In this episode we answer emails from Trey, Nita, Christy and Keith.  We discuss considerations in bond fund selections (see also Episodes 14 and 16) and the specific fund IEI, timing for transitioning to your retirement portfolio, classifying the Sample Portfolios by intended purposes, and a new tool for analyzing portfolios with managed futures. And THEN we our go through our weekly portfolio re...

In this episode we answer emails from MyContactInfo, Cy, Alexi (Dude!) and Chris.  We discuss value vs. growth factors, assisting children with investing and inheritances, momentum factor investing and the fund QMOM, and the best audience available. Links:  QMOM and MTUM asset correlations:   Asset Correlations (portfoliovisualizer.com) QMOM Performance:   QMOM – Alpha Architect US Quantitative Mo...

In this episode we do an annual review of the seven sample portfolios you can find at Portfolios | Risk Parity Radio .   We compare them with standard funds including VBIAX (60/40), VWENX, VWIAX, risk parity funds including RPAR and UPAR, and ultra-diversified funds including AQRIX and QDSIX.  And we conclude with some take-away thoughts from this disaster of a year as predicted by Quasimodo. Addi...

In this episode we answer emails from MyContactInfo, Mark and Eric.  We discuss rowing machines, the infernal JEPI and other heavily marketed financial products, and what to do as a DIY investor for legacy investing.  Happy Holidays! Support the show

In this episode we answer emails from Drew, Sad Fientist and Popeye.  We discuss managed futures and the fund BLNDX, intermediate treasury bonds and general bond considerations and record keeping for the sample portfolios.  And throw in some Talladega Nights gold fleece diaper-dom along the way. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at...

In this episode we answer emails from Bradley, Chris and Andreas.  We discuss traditional versus Roth considerations in retirement accounts, REITs, some risk parity fundamentals about the interplay between asset classes and macroeconomic environments and how that relates to correlations, a recent risk parity backtest to 1926 and the real reasons to use small cap value allocations.  I'm tellin...

In this episode we answer emails from Alexi (a/k/a "the Dude"), Matt and Daniel.  We talk about Alexi's Dragon-style portfolio experiments (and provide links), market orders vs. limit orders and miscellaneous trading advice, and the evolution of DIY investing with ETFs and other funds since 2011. And THEN we our go through our weekly portfolio reviews of the seven sample portfolios...