Risk Parity Radio

In this frolic and detour from our regularly scheduled programming, we create a "Reference Episode" by employing two AI podcasters to summarize the information contained in Episodes 1, 3, 5, 7 and 9, which are some of the foundational episodes for this podcast.  BTW, choose PFFV instead of PFF if you are interested in that.  But the point was to teach you how to analyze investments. Here...

In this episode, we celebrate Ground Hog Day and answer emails from Ron, Jay and Pete.  We discuss the value of giving and the new McKenna Man portfolio that Ron is constructing, preferred shares vs. REITs, holding gold, what financial advisors really think about their hoarding clients but can't say in front of them but I will, and Pete's risk parity style portfolio and his 6-year old&ap...

In this episode we answer emails from George, Kyle and Andy.  We discuss whether to prioritize DBMF or VGLT (for tax location purposes) in a traditional retirement account, weighing limited choices for small cap funds in a 457, Vanguard's new short-term bond funds and dealing with brokerages' cya requirements for investing in particular funds. Links: Father McKenna Center Donation Page: ...

In this episode we answer emails from Bones, Paul and Justin.  We discuss small cap value funds and their underlying indexes, an odd book from an unreliable source and an alternative ETF called CAOS. 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: Bankruptcy Case Involving David R. Webb:  In r...

In this episode we answer emails from Lucas, Martijn, and Alexi (a/k/a "the Dude").  We discuss futures contracts and the efforts required to use them, being careful about backtests and interpreting them, and more musings on Big Mo momentum. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center Martijn's Link:  testfol.io/?s=aoTgPMqhGQA Portfolio Matrix (Start...

In this episode we answer emails from Paul (from Canada), Gary, Ben and Alexi (a/k/a "the Dude").  We discuss finding funds for Canadians, podcast outlet alternatives, the similarities between S&P 500, total market and large cap growth funds and how they can perform the same role in a diversified portfolio, and a gnarly Alpha Exchange podcast about leveraged funds (which the Dude and...

In this episode we party with some of the regulars and answer emails from Pete, Tracey, Ralph and Alexi (a/k/a the "Dude").  We discuss domestic and international large cap growth funds, why we prefer portfolios that due comparatively better when using long series data analyses and not their associations with particular guru people, how the Golden Ratio portfolio relates to the 60/40 por...

In this episode we answer questions from Anonymous European, Paul, and Ralph.  We discuss US vs. Euro treasury bonds, international large cap growth, the overarching currency effect that determines the relative performance between US and international stocks, small cap value for UK investors and what to do with a small 401a with limited investment choices while nearing retirement. And THEN we our...

In this episode we answer emails from Kyle, Steve and James.  We discuss the three most common small cap value indexes -- S&P 600, CRSP and Russell, modifications to the Golden Butterfly portfolio using managed futures, and the fantasies and follies of portfolio Bucketeering. Links: Father McKenna Center Donation Page:  Donate - Father McKenna Center Steve's Modified Golden Butterfly:  te...

In this episode we conduct our annual reviews of the Eight Sample Portfolios you can find at Portfolios | Risk Parity Radio and compare them with some commercial preparations. In addition we discuss the year of 2024 in general, the performance of various asset classes, the follies of using the year as a crystal ball to predict the future, and the more effective use of base rates for that purpose. ...

In this episode we answer emails from Kyle, Adam, and Steve.  We discuss equal weight vs. cap weighted funds and the fallacy that one fund stock portfolios are optimal, a variable withdrawal strategy plan, and what kinds of portfolios work best for which types of people and purposes. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios |...

In this episode we answer emails from John, Jane and Christoph.  We discuss financial and non-financial considerations when transitioning to retirement, the alternative investment strategy fund QSPNX, and revisit why you should not try to time bond investments anymore than you should try to time the stock market. And THEN we our go through our weekly portfolio reviews of the eight sample portfolio...

In this episode we answer emails from Cy, Lucas, and Rafa.  We discuss a poem from a financial advisor, a quandary between two gambling problem leveraged portfolios and application of the Macro-allocation Principle, and what to do about a trust with an abbreviated distribution timeline. Note, we forgot to include the second email from Lucas, but it was just yet another reference to the Cederburg p...

In this episode we answer emails from Ed, Wes and Mary Anne.  We revisit the momentum factor and squeeze that lemon a bit (and our dinner with the Dude) talk about mid-caps and limited 401k options, and discuss some of the information on the portfolios page at the website (and its limitations). And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at P...

In this episode we answer email from Pankaj, Matthias and Iain.  We discuss the simple path to withdrawals when you are over-saved and the over-complications of the over-saved, reprise some information about leveraged accumulation portfolios and provide some tips for a U.K listener. Links: Interview of Jim Grubman: Dr. Jim Grubman: The Psychology of Wealth | Rational Reminder 282 PensionCraft YouT...

In this episode we answer emails from Ashley, Alexi (a/k/a "the Dude"), and Sean.  We discuss our charity and my financial coaching on the side, fun times with the Dude, and an overview of the use of bonds in a portfolio and principles of portfolio construction.  For reference, earlier bond episodes mentioned are 14, 16, 75 and 78, 142, 186 and 232, although there are others you can find...

In this episode we answer emails from Justin, Matt and Donald.  We regale in friendships, revisit large cap growth funds with IWY, do a reprise of Episode 238 about the limitations of CAPE ratios with the help of AI podcasters, and discuss the purpose of treasury bonds in a portfolio as recession insurance, and the circumstances of when you might not need it. Links: Father McKenna Center Lessons &...

In this episode we answer emails from James, Van and Michael.   We discuss the new international fund in the federal TSP, the Pinwheel Portfolio and the Portfolio Matrix Tool, and variations in portfolio management with the Golden Butterfly portfolio. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio . Additional L...

In this episode we answer emails from George, Alexi (a/k/a "the Dude") and Sean.  We discuss a new article about the benefits of managed futures in a portfolio, the Dude's face-off between VUG and QQQ, and considerations for choosing large cap growth funds and international value funds. Links: Father McKenna Center Lessons And Carols:  Lessons and Carols - Father McKenna Center New...

In this episode we answer an email from Tom, Tom the Podcaster's Son (a/k/a "Patrick Star").  We discuss the basics of retirement accounts in honor of the annual benefits enrollment period and some rules of thumb for contributing to them, with a little commentary on HSAs.  We also discuss interesting recent podcasts featuring Bill Bengen, Corey Hoffstein and Cliff Asness.  And our f...

In this episode we answer emails from Melissa, Neil, Mark and Mike.  We discuss a missing link from Episode 7 and a substitute for it, the podcast distribution, moving from an accumulation portfolio in a taxable account to a retirement portfolio efficiently, and considerations when incorporating international (non-U.S.) funds. Links: Three Ingredients Article:  Three Secret Ingredients of the Most...

In this episode we answer emails from Jenny, Arun and Jeff.  We discuss setting up a risk parity style portfolio for an elder relative, what to do with 529 money and college funds when you are getting close, and the use of risk parity style portfolios for intermediate goals or accumulation. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portf...

In this episode we answer emails from James, MyContactInfo and Cy.  We discuss using silver in addition to gold in a portfolio, review again why many "options strategy funds" and other complex ETFs are generally a waste of space in a portfolio and talk about a recent Andrew Tobias interview and the history of DIY investing. Links: Eric Balchunas Interview:  Eric Balchunas on The Hidden G...

In this episode we answer emails from Alyson, Martijn and Russel.  We discuss the drawbacks to using a total world fund, common misconceptions about it and misguided worship of the Simplicity Principle, a levered sample portfolio comparison and basic ideas for accumulation. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Pari...

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 Am...