Risk Parity Radio

In this episode we answer emails from Andy, El Yama and Paulo.  We discuss a follow up to the question on margin accounts at Interactive Brokers in Episode 424, the use of SCHD fund as a large cap value fund in a risk parity style portfolio, the meaning of "safe" in "safe withdrawal rates" and the current popular obsession with international funds, as well as diversification co...

In this episode we answer emails from Yangon, The Value Stock Geek, and Graham.  We discuss the ins and outs of margin accounts at Interactive Brokers, some annoyances with gold ETFs and 1099s, and BTAL vs. treasury bonds. And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional Links: Father McKe...

In this episode we answer emails from Dave, Jeff and Peter.  We discuss a new risk parity ETF, ALLW, a social security claiming question and considerations, and how a listener has been misled regarding so-called dividend investing by misinterpreting a misleading source. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center ALLW Fund Main Page:    ALLW: SPDR® Bridgewater® All...

In this episode we answer emails from Ed, Joe and Jack.  We discuss a commodities fund, BCI, some more cowbell, and Fidelity's share lending program. And THEN we our go through our weekly and monthly 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 BCI vs. PD...

In this episode we answer emails from Luc, Ellen and Andrew.  We discuss Luc's target portfolio, the process for evaluating and choosing new assets for a portfolio -- comparing why managed futures pass the test, while covered call fund and TIPs funds don't --, what's actually in our personal variation of the Golden Ratio portfolio, finding old podcast episodes and basic rebalancing...

In this episode we answer emails from Anderson, Ian, FFS, and Michael.  We discuss using Roths earlier in accumulation and tax considerations, wrestling with an expensive 401k plan with limited options, and the various and sundry deficiencies of this program and its website.  Rest assured, we have "top men" working on it.  Top.  Men. And THEN we our go through our weekly and monthly port...

In this episode we answer emails from Chris, Will and Neelix.  We discuss the basics of transitioning from accumulation to decumulation, choosing funds for accumulation from a limited selection, more transitioning questions from an alien, my lawyerly approach to personal finance and why the public personal finance landscape is often not very helpful and leaves much to be desired. Frank addresses l...

In this episode we answer emails from Jeff, Jenzo and Sam.  We discuss spending money on relationships, a 72(t) situation, what to do with an unused Coverdell, GDE (again), a nice risk parity write-up and some random musings about the history of free speech and communications technologies. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfo...

In this episode we answer emails from Marco Esquandolas and Multi-Family Investor.  We discuss a long-term diversified Roth portfolio for a 13-year old, modelling Delaware Statutory Trusts in a portfolio, transitioning out of an all S&P 500 allocation in a taxable account, PFIX, Sabine Royalty Trust and individual stocks in retirement portfolios, and M1 Finance. Note/Correction:  Sabine is act...

In this episode we answer emails from El Yama, Graham, and James.  We discuss using risk parity-style portfolios for intermediate term needs, the short-term bond allocation in the Golden Butterfly, accounting for child credit, rising equity glidepaths, the fundamental differences between 100% stock portfolios and diversified portfolios and why you want the latter for retirement unless your goal is...

In this episode we answer emails from Corn Pop, Dustin and Jim.  We discuss annuities for elderly parents, TIPS ladders in retirement, REITs in small cap value funds, currency speculation, the GDE fund (again) and an aggressive portfolio construction. Link: Interview of Michael Kitces Re Problems With TIPS Ladders:  Michael Kitces: How Higher Yields Affect Asset Allocation and Retirement Planning...

In this episode we answer emails from Jeremy, Brad, and James.  We discuss a more aggressive risk-parity portfolio similar to the Weird Portfolio, the problems with data analysis and recency bias and considerations in accounting for Social Security or pensions in retirement portfolio planning. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Po...

In this episode we answer emails from Harry, Sally, Jack and Javon.  We discuss recovering from financial set-backs, my life on the Choose FI board, assets that do well in inflationary environments and large cap growth funds like MGK in Merriman-type portfolios. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center Mindset by Carol Dweck:  Mindset: The New Psychology of Succe...

In this episode we answer emails from Ron, Iain, an Anonymous Visitor and Mr. Data.  We discuss Ron's generosity and his variable or guardrails withdrawal strategy, some helpful British website references, what we use bonds for in these portfolio and how the TSP G fund fits into that, and small cap growth vs. small cap value stocks.  And some notes on recent market turmoil. And THEN we our go...

In this episode we answer emails from Michael, Brian and Ed.  We discuss Michael's situation and options as a 34-year old with growing portfolios and a growing family, Brian's questions about the infernal Cederburg paper that won't go away and Ed's questions about accumulation portfolios. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center Testfolio Comp...

In this episode we answer emails from Deeps, David, James, Steven and Jordan.  We discuss the PHYS vs other gold ETFs, the podcast feed link, using AVGE in a risk parity style portfolio, why we do this and tail risk hedging.   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: PHYS vs. GLDM:  tes...

In this episode we reflect on our recent meet-up and answer emails from Chris, Gigi and Mark.  We discuss preferred shares funds and PFFA in particular, considerations about allocations in a TSP based on goals and current progress in your financial life, and them thar new-fangled return stacked funds. Links: PFFA Summary:  PFFA – Virtus InfraCap US Preferred Stock ETF – ETF Stock Quote | Morningst...

In this episode we answer emails from Randy, Richard and Jamie.  We discuss rebalancing frequency, share-lending at Fidelity, moves in Morningstar's style boxes and strips treasury funds vs. long term treasury bond funds. And we announce the new listing of the Golden Ratio portfolio at Portfolio Charts and thank Tyler and Van for that. Links: Father McKenna Center Donation Page:  Donate - Fat...

In this episode we answer emails from Dustin, MyContactInfo, and Mark.  We discuss the ETF GDE and combo return stacked funds generally, why you probably don't want to use economists' "life cycle model" for personal finance planning due to its unrealistic underlying assumptions, and whether we could use historical high interest rates to create market timing and allocation signa...

In this episode, we answer emails from Spencer, Ko and Steve.  We discuss REITs as a portfolio allocation, why vacant land is probably not a good investment for most people, "talking your book" with bitcoin for fun and profit and how it looks today in a portfolio, law school education and that infamous Cederburg paper (again but only briefly).  Links: Father McKenna Center Donation Page:...

In this episode we answer emails from Eli, Garrison and Van.  We discuss usig treasury strips ETFs like GOVZ and ZROZ and how they relate to long-term treasury bond funds like TLT and VGLT, a "returned-stacked" portfolio similar to O.P.T.R.A. for accumulation and early retirement and why the Golden Ratio portfolio performs very well on many metrics.  And THEN we our go through our weekly...

In this episode we answer emails from Caleb, Visitor #4565, Paul, Michael (from Scotland) and Jamie.  We discuss tax location (or asset location for tax purposes), the zeitgeist of this podcast, an old book by Don Coxe about gold and other things, a good website for finding ETFs in the UK and otherwise outside the US, and how to best incorporate and prioritize (not) international vs. US funds. Lin...

In this episode we answer emails from Andy, Mark and Graham.  We discuss what may do well under the current US administration and related concerns, what a weak dollar means for risk assets and allocating to volatility, and how inflation should realistically be accounted for in withdrawals.  And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can f...

In this episode we answer emails from Philip, David and Keith.  We discuss an aggressive risk-parity style portfolio (without leverage), review QREARX, which we analyzed in Episode 81, and how the value factor is determined by various funds and indexes. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center Portfolio Matrix Tool at Portfolio Charts:  Portfolio Matrix – Portfol...

In this episode we answer emails from Richard, Robert and Jacob.  We discuss Richard's generosity and excellent example as a role model, an ill-conceived and biased critique of small cap value allocations, why you probably should not use popular personal finance gurus as retirement role models due to their workaholism and hoarding behaviors, and why having too much cash or very short term bon...