Risk Parity Radio

In this episode we answer emails from Ethan, Eric, MyContactInfo and Jon.   We discuss using the Golden Ratio portfolio for intermediate accumulations, Hedgehogs and Foxes in economic forecasting, total bond funds, momentum factor investing and Frankie Goes To Hollywood.

And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.  With rebalancing this week!

Additional links:

Wealthtrack Interview of Jim Grant:  INFLATION’S DAMAGE: FINANCIAL CONSEQUENCES & INVESTMENT STRATEGIES WITH HISTORIAN JAMES GRANT : WealthTrack

Flirting With Models Podcast with Andrew Beer (DBMF):  Flirting with Models: Andrew Beer - Replicating Hedge Fund Beta (S5E9) (libsyn.com)

Bogleheads Forum Link on Total Bond Funds:  Bogle said 75% Total Bond and 25% Investment Grade Corp. Bond? - Bogleheads.org

Fama on Momentum Article (I found it!):  Fama on Momentum (aqr.com)

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In this episode we answer questions from Brad, Craig, AnnieMous, and Jack.   We discuss new information from Portfolio Charts about tax-loss harvesting bond funds like TLT (and other funds), portfolio construction with the Golden Ratio, the recent popularity of managed futures with the info-sales and marketing crowd, portfolio management with asset swapping between taxable and tax-protected accounts, and REITs in the Portfolio Charts Portfolio Finder.

Links:

Portfolio Charts Tax Loss Harvesting Article:  Harvesting the Fall: Why I Sold All My Bonds – Portfolio Charts

Buffett's Alpha Paper:  Buffett’s Alpha (tandfonline.com)

Brad's Portfolio Construction Article:  How to Balance a Portfolio - (breakingthemarket.com)

Brad's Other Article:  Breaking the Market University -

Portfolio Charts Portfolio Finder:  PORTFOLIO FINDER – Portfolio Charts

Early Retirement Now SWR Spreadsheet Tool Article and Link:  An Updated Google Sheet DIY Withdrawal Rate Toolbox (SWR Series Part 28) – Early Retirement Now

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In this episode we answer emails from Blake, Gen and MyContactInfo.   We discuss Blake's good work with analysis tools, fractional shares of ETFs and more on managed futures and DBMF. 

And THEN we our go through our weekly and monthly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.

Additional links:

Blake's Model Portfolios:  Model-Portfolios-for-Every-Financial-Stage-v2.pdf (pathwaytofi.com)

Blake's White Paper:  Construction-and-Analysis-of-the-Pathway-to-FI-Model-Portfolios-v2.pdf (pathwaytofi.com)

Portfolio Charts Risk/Reward Calculator:   RISK AND RETURN – Portfolio Charts

Portfolio Visualizer Asset Correlation Analyzer:  Asset Correlations (portfoliovisualizer.com)

MyContactInfo Links to Andrew Beer/DBMF podcast:  The Investors First Podcast: Andrew Beer, Dynamic Beta Investments: Replicating Hedge funds in an ETF Wrapper on Apple Podcasts

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In this episode we return from vacation ready to rumble and answer emails from Peter, David, MyContactInfo (x2) and Mark.   We appreciate our listeners and then annoy them (I've got an angle), talk about ESG investing and why you want to have both growth and value funds and talk about buy-write funds in general and JEPI in particular.

Links:

Risk Parity Chronicles Resources:  Resources - Risk Parity Chronicles

ESG Article One:  Shades of Green - HumbleDollar

ESG Article Two:  Musings on Markets: ESG's Russia Test: Trial by Fire or Crash and Burn? (aswathdamodaran.blogspot.com)

Backtest of 50/50 Value/Growth vs. Total Market:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)

Asset Correlation Matric for JEPI:  Asset Correlations (portfoliovisualizer.com)

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In this episode we answer emails from Harvey (a large rodent), MyContactInfo and Mark.  We discuss the Dragon Portfolio and managed futures funds like DBMF, reprise Episode 202,  some common mistakes of amateur investors, reverse mortgages (briefly), and how we have incorporated and modified classic and theoretical risk parity principles.

Links:

Recent Interview of Andrew Beer (DBMF):  214 Systematic Investor Series ft. Andrew Beer – October 16th, 2022 | Top Traders Unplugged

Harvey's First Link re Dragon Portfolio:  How to Build a Recession-Proof Investment Portfolio (w/ Danielle DiMartino-Booth & Chris Cole) - YouTube

Harvey's Second Link re Dragon Portfolio:  How to Build the Dragon Portfolio - YouTube

In Pursuit of the Perfect Portfolio book:  In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest by Andrew W. Lo (goodreads.com)

CFA Manual Chapter re Risk Parity:  chapter-4-from-managing-multiasset-strategies-2018.pdf (callan.com)

Early Retirement Now Gold Study:  Using Gold as a Hedge against Sequence Risk – SWR Series Part 34 – Early Retirement Now

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In this episode we answer questions from Jeremy, Richard and Gen.  We discuss the moribund WARM portfolio strategy, more issues about annuities and where to learn more about them, and fractional share trading of ETFs.

And THEN we our go through our weekly and monthly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.

Additional links:

JL Collins Article on WARM Strategy:  Sleeping soundly thru a market crash: The Wasting Asset Retirement Model - JLCollinsnh

Bogleheads Critiques of WARM Strategy:  No risk retirement withdraw strategy - WARM - Bogleheads.org

Stan The Annuity Man Channel:  Stan The Annuity Man - YouTube

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In this episode we answer emails from Sue, Vern and Rene.  We discuss revocable trusts, where and where not to get them and why or why not you might want one, the mechanics of rebalancing and drawing down on a portfolio with multiple accounts, and the differences between various small cap funds like IJR, IJS, IJT and VIOV.

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In this episode we answer emails from Boone, MyContactInfo and Alex.  We discuss issues with leverage, real estate invesments, spreadsheet projections and guessing about the future.  Listen for the BLOOPER!

And THEN we our go through our weekly and monthly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.

Additional links:

Video About Leverage:  Investing With Leverage (Borrowing to Invest, Leveraged ETFs) - YouTube

Optimized Portfolios Leveraged ETFs Reviews:  The 9 Best Leveraged ETFs To Enhance Portfolio Exposure (2022) (optimizedportfolio.com)

MyContactInfo's Link to Vanguard REIT:  VGSLX-Vanguard Real Estate Index Fund Admiral Shares | Vanguard

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In this episode we follow up on Episode 209 with some recent (as in this week) Wade Pfau references that confirm what we said about overly pessimistic SWR assumptions.   And then we answer emails from Justin, Drew, Jim and Chris.  We discuss REITs and the Risk Parity Chronicles series about them, good sources for information about factor or "smart beta" investing, and questions about transitioning from accumulation to decumulation when you are close to "winning the game."

Links:

Retire With Style Podcast #34:  Retire With Style - Episode 34: Even In Volatile Markets, Find Out Why The 4% Rule Distribution May Be Too Low (google.com)

Risk Parity Chronicles REIT Series Conclusion:  Post-script to REITs series: How do individual REITs compare? (riskparitychronicles.com)

Rational Reminder Podcast #213:  RR #213 - Expected Returns and Factor Investing - YouTube

Rational Reminder Podcast #129:  RR #129 - Five Factor Investing with ETFs - YouTube

Resolve Asset Management YouTube Channel:  ReSolve Asset Management - YouTube

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