Risk Parity Radio Frank Vasquez

In this episode we answer emails from Kyle, Andrew, Sameer and James.  We discuss some portfolio comparisons of levered 60/40 portfolios, interpreting and comparing safe withdrawal rates from various calculators and their practical application in consideration of variable expenses and needs (our 3-1-1 flexible withdrawal plan),  the foolish consistencies of DIYer and financial planners who seem to enjoy discouraging retirement spending,  and recent articles about Fidelity's spat with some ETF providers.

Links:

Kyle's Portfolio #1:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)

Kyle's Portfolios #1 and #2:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)

Kyle's Portfolios #1, #2 and #3:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)

Golden Butterfly Portfolio -- SWR And Other Characteristics:  Golden Butterfly Portfolio – Portfolio Charts

Larry Swedroe Interview About New Book and Factor Investing:  ‘Buffett really was not a great stock picker’: Financial researcher Larry Swedroe on how investors can emulate the billionaire investor – NBC Connecticut

Article #1 re Fidelity and Fees:  Fidelity Puts Nine ETF Firms on Notice That New Fees Are Looming - Bloomberg (archive.fo)

Article #2 re Fidelity and Fees:  Fidelity Adds Surcharge to ETF Platform | etf.com
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In this episode we answer an email from Ingrid.  We discuss target date funds in depth and why they are not good choices for investors.  We review their history and recent academic research that reveals the truth.  You may not like it, but we hope you can handle it.

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

Additional link:

Referenced Academic Paper Revealing The Awful Truth About Target Date Funds:  The Unintended Consequences of Investing for the Long Run: Evidence from Target Date Funds by Massimo Massa, Rabih Moussawi, Andrei Simonov :: SSRN
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In this episode we answer emails from Ed, Anderson and Joe.   We discuss assisting aging parents running out of money, Anderson's levered accumulation portfolio and locating the assets, and using the G Fund in a TSP as a short-term bond fund.

Links:

Portfolio Matrix Used to Analyze Anderson's Portfolio (insert allocations per podcast):  Portfolio Matrix – Portfolio Charts

Morningstar Article re G Fund:  How Good Is the Federal Government’s G Fund? | Morningstar
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In this episode we answer questions from Dale, Brad and Corey.  We discuss a new paper about US dollar dominance and the common narrative fallacies associated with that issue, using the Rule of 55 for 401(k) withdrawals, the Nicest Guy of FI, and the basics of constructing portfolios with high historical safe withdrawal rates.

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:

Marketwatch Article:  Dethrone the dollar? 5 charts show how U.S. currency still rules world economy. - MarketWatch

Paper re Status of US Dollar:  delivery.php (ssrn.com)

Schwab Article re The Rule of 55:  Retiring Early? 5 Key Points about the Rule of 55 | Charles Schwab

DBMF Quarterly Review:  iMGP DBi Managed Futures Strategy ETF Update with Andrew Beer | April 2024 (youtube.com)

Andrew Beer Interview On The Development And Use Of Managed Futures In Diversified Portfolios:  SI290: Honey, I Shrunk the Trend-Following ft. Andrew Beer | Top Traders Unplugged

Portfolio Charts Portfolio Matrix Tool:  Portfolio Matrix – Portfolio Charts
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In this episode we answer emails from Jon, Eli, and George.  We discuss using the tools at Portfolio Charts, methods of charitable giving to our favorite charity, extreme podcast listening, what to invest in if you are speculating on inflation next year and other gambling problems, and applying the math of Shannon's Demon to show us why we should not let the Simplicity Principle tail wag the Holy Grail principle diversification dog when constructing diversified portfolios.

Links:

Father McKenna Center Donation Page:  Donate - Father McKenna Center

New Portfolio Charts Article re Gold and Global Safe Withdrawal Rates:  What Global Withdrawal Rates Teach Us About Ideal Retirement Portfolios – Portfolio Charts

Shannon's Demon Article from Market Sentiment:  Shannon's Demon - Market Sentiment

Shannon's Demon Article from Portfolio Charts:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio Charts

Shannon's Demon Article from World Scientific:  SWITCHING BETWEEN TWO LOSING STOCKS MAY ENABLE PARADOXICAL WIN: AN EMPIRICAL ANALYSIS (worldscientific.com)

Shannon's Demon Article from Breaking The Market:  The Great Age of Rebalancing Begins - (breakingthemarket.com)
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In this episode we answer emails from Jetson and Jon (x2).   We discuss good times to trade, transitioning to a risk parity style portfolio with sub-optimal components and related considerations, experimenting with and learnings from the tools at Portfolio Charts, including the Portfolio Matrix and Drawdown Analyzer, and Gooooold!

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:

Father McKenna Center:  Home - Father McKenna Center

Portfolio Matrix Calculator:  Portfolio Matrix – Portfolio Charts

Portfolio Drawdowns Calculator:  Drawdowns – Portfolio Charts

Portfolio Charts "Ingredients" Article:  Three Secret Ingredients of the Most Efficient Portfolios – Portfolio Charts

Safe Withdrawal Rate Series Article about Gold:  Using Gold as a Hedge against Sequence Risk - SWR Series Part 34 - Early Retirement Now
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