Risk Parity Radio

In this episode we answer emails from Julie T, Justin, Jeffrey, Anderson and the mysterious Mycontactinfo.   We discuss Golden Ratio modifications, TIPs vs. commodities and stocks for inflation YTD, asset roles in Risk Parity Portfolios, volatility funds, the good, bad and ugly of dividend investing, ideas for future episodes and Professor Lo's new book (again).  And THEN we our go through ou...

In this episode we answer questions from Steve, Alexi, Mycontactinfo and Brandon.  We discuss choosing REITS better than you might with a REIT fund, "inflation winners and losers", the new "In Pursuit of the Perfect Portfolio" book, and the preferred shares fund PFF. Links: VNQ holdings:   VNQ - Vanguard Real Estate ETF | Vanguard NAREIT REIT Sectors:   REIT Sectors | Nareit RE...

In this episode we answer questions from Alexi, Vaughn, Yamini, Jamie (x2) and Adam.  We discuss merger arbitrage as an asset class, the Macro-Allocation Principle applied to an accumulation portfolio, the benefits of investing in insurance companies, tail risk parity and the my favorite science paper and considerations about the lack of really old data. And THEN we our go through our weekly portf...

In this episode we address emails from Rory (x2), Frank, Andy and Mark.  We discuss UPRO issues, where to put gold, role models for retirement, Andy's experiments with UPAR and Mark's wonderful new tool and options strategies for reducing stock market risk. Links: Kitces Analysis of Morningstar Safe Withdrawal Rate Report:  Can Morningstar's Withdrawal Rate Report Refute The 4% Rule...

In this episode we answer emails from Jeff (x2), Popeye, and the anonymous Mycontactinfo (x2).  We discuss some feeble attempts at disparagement by former financial media people and put them in context, an essay on taking your money off the table and weathering financial downturns by Bill Bernstein and an free course from MIT. And THEN we our go through our weekly portfolio reviews of the seven sa...

In this episode we give Mary a break and analyze the ProShares Ultrashort Australian Dollar ETF, ticker symbol CROC, 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...

In this episode we pay tribute to Clark Bender and then answer emails from Chris, Roy, Dustin, Daniel and Kevin.  We discuss M1 trading issues, PDBC's 2021 returns, reinvesting dividends, sample portfolio returns, what to do about old stocks lying around, Dustin's sample  risk parity portfolio, I-bonds, considerations for international funds, Tom Waits, and an improvised reading list.  A...

In this episode we address emails from "Harry", Anderson, Brian and Alan.  We discuss transitioning a mostly crypto portfolio to retirement, stablecoins, rebalancing bands, 3-5% flexible withdrawal strategies, MORE stablecoin questions and the basics of transitioning from an accumulation portfolio to a retirement portfolio. Links: Optimal Rebalancing Article:   Optimal Rebalancing – Time...

In this episode we address emails from Patreon Patron Dominic, Javier, Sebastien, David and Ed.  We discuss allocating a Golden Butterfly - style portfolio, an application of the Macro-Allocation principle to an accumulation portfolio, a potential gambling problem involving leveraged funds, the psychology of avoiding foolish consistencies and the financial media, and applications of the Monte Carl...

In this episode we answer emails from Dan, Chas and Sam.  We discuss some aspects of a new Risk Parity book, the poor performance and problems with TIPs, sub-portfolio constructions, using a correlation analysis to determine which non-U.S. funds to use,  which bond funds to use, why you shouldn't pay attention to proposed legislation, more on international funds and how to find the podcast wh...

In this episode we invite listener Alexi into the den to discuss a variety of topic on his mind.  These include gold, municipal bond fund TFI, assorted risk-parity portfolio constructions, the Big Lebowski, gambling problems and leveraged funds, choices in small cap value funds, problems with the M1 platform and liquidity issues, the relationship between the traditional 60/40 portfolio and the Gol...

In this episode we answer emails from Christer, Craig and Scott.  We discuss synthetically modelling SWAN on Portfolio Visualizer, how using the MAR metric (and others) reveals superior performance for risk-parity-style portfolios, how NOT to predict future treasury bond rates in the context of the Golden Butterfly portfolio, and the foolish consistencies and nonsensical ravings of those who attem...

In this episode, we answer emails from Adam, Amit, Jeffrey and Kevin.  We discuss  alternative theoretical withdrawal strategies and tools to model them, practical considerations for withdrawals, milkshakes, the differences between the sample portfolios and their withdrawal percentages, Torqemada, modeling leveraged accumulation portfolios, the ups and downs of growth funds and value funds, and Ke...

In this episode we address emails from Alexi, Ron, Niklas, Jody and Brian.  We discuss levered portfolios, Spinal Tap, the fabulous generosity of our listeners, currency risk, website data improvements, and options for a 20-something with or without leverage.  And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio . Add...

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 ;...

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 sampl...

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 A...

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 sa...

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...

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:   Backte...

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 R...

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 R...

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 Articl...

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...

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 P...