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Risk Parity RadioEpisode 421: NItty Gritty Portfolio Considerations And Variations, What We Actually Hold, And The Basics Of RebalancingIn 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 principles as to timing. And learn some Canadian French and Minnesota vernacular along the way.Links: Andrew Beer Interview on Masters In Business Podcast: Andrew Beer on the Hedge Fund … - Masters in Busine...2025-05-0841 minRisk Parity RadioEpisode 420: Wrestling With Roths And 401ks, Assorted Shenanigans, And Portfolio Reviews As Of May 2, 2025In 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 portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Breathless Unedited AI-Bot Summary:Welcome to the dive bar of personal finance, where frank conv...2025-05-0437 minRisk Parity RadioEpisode 419: Transitioning To Retirement Portfolios, Fiddling With Limited 401k Funds And Applying The Socratic Method To Personal FinanceIn 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 listener questions about transitioning from accumulation to retirement portfolios, focusing on timing and asset allocation decisions for different life stages. The episode explores foundational concepts about when to shift to a less aggressive portfolio and how t...2025-05-0142 minRisk Parity RadioEpisode 418: Different Drummers, Even More GDE, Nice Blogging When You Can Get It, And Portfolio Reviews As Of April 25, 2025In 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 Portfolios | Risk Parity Radio.Additional links:Jenzo's GDE Backtest: testfol.io/?s=0SLNjC7As4bSam's Most Excellent Risk Parity Explication Blog Post: 15 Uncorrelated Assets | SSi...2025-04-2742 minRisk Parity RadioEpisode 417: International Growth Funds, DSTs, Portfolio Transitions And Other Questions And QuandariesIn 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 actually NOT structured like an MLP but as a true trust and therefore issues 1099s, not K-1s like most companies in the oil & gas royalty space.Links:Shannon's Demon Article: Unexpected Returns: Shannon's Dem...2025-04-2432 minRisk Parity RadioEpisode 416: The Tau Of El Yama, Accumulation Versus Decumulation Portfolios, Cracked CAPE Crystal Balls And Portfolio Reviews As Of April 18, 2025In 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 to die with the most money, and a CAPE ratio critique from Meb Faber's podcast.And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.2025-04-2043 minRisk Parity RadioEpisode 415: A Smorgasbord Of Annuities, TIP Ladders, Currency Speculations And Other Gambling ProblemsIn 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 | MorningstarBreathless and Promotional AI-Bot Summary:Dive into the mailbag as Frank tackles complex investment questions with his signature blend of expertise and pop culture references. This episode unpacks several cr...2025-04-1727 minRisk Parity RadioEpisode 414: Another RPR Variation, More Cowbell, Accounting For Social Security And Portfolio Reviews As Of April 11, 2025In 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 Portfolios | Risk Parity Radio.Additional links:Jeremy's Portfolio on Portfolio Visualizer: https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=LDhLHuhVF5zOKfTZckLT7Weird Portfolio: Weird Portfolio – Portfolio ChartsT...2025-04-1328 minRisk Parity RadioEpisode 413: Overcoming Financial Setbacks, Finance Board Follies, Inflation And Large Cap Growth Funds In Merriman PortfoliosIn 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 CenterMindset by Carol Dweck: Mindset: The New Psychology of Success by Carol S. Dweck | GoodreadsBloomberg Presentation On Investments In Inflationary Environments: MH201-SteveHou-Bloomberg.pdfShannon's Demon Article from Portfolio Charts: Unexpected Returns: Shannon's Demon & the Rebal...2025-04-1033 minRisk Parity RadioEpisode 412: Market Turmoil, Guardrails Withdrawals, Useful UK Sites, Bonds, Small Caps And Portfolio Reviews As Of April 4, 2025In 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 through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:Father McKenna Ce...2025-04-0643 minRisk Parity RadioEpisode 411: Portfolios For Accumulators, Assorted Fund Considerations, And That Infernal Cederburg Thing That Won't Go AwayIn 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 CenterTestfolio Comparison between Total Market and Large Cap Growth: testfol.io/analysis?s=0GbmPE8D9GKMerriman Best In Class ETFs: Best-in-Class ETF Recommendations | Merriman Financial Education FoundationShannon's Demon Article: Unexpected Returns: Shann...2025-04-0346 minRisk Parity RadioEpisode 410: PHYS For Gold, AVGE For Stocks, Tail Risk Hedging And Portfolio Reviews As Of March 28, 2025In 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: testfol.io/analysis?s=1lK9VB9xqaMRPR Main Feed Link (all the podcasts -- open in browser): Risk Parity Radio RSS Feed...2025-03-3033 minRisk Parity RadioEpisode 409: The PFFA Fund, TSP Allocation Considerations And Those New-Fangled Return Stacked FundsIn 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 | MorningstarReturn Stacked Funds Page: Home - Return Stacked® ETFsAmusing Unedited AI-Bot Summary:Welcome to the dive bar of personal finance and do-it-yourself investing, where Frank Vasquez...2025-03-2734 minRisk Parity RadioEpisode 408: Rebalancing Frequency, Share Lending, Style Boxes, Strips, And The Golden Ratio PortfolioIn 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 - Father McKenna CenterGolden Ratio Portfolio at Portfolio Charts: Golden Ratio Portfolio – Portfolio ChartsGolden Ratio Portfolio Write-Up: Beautiful Constants and the Golden Ratio Portfolio – Portfolio Charts2025-03-1920 minRisk Parity RadioEpisode 406: REITs, Vacant Land, Bitcoin Today And Eh, Steve!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: Donate - Father McKenna CenterNAREIT -- Types of REITs: Learn about Investing and Market REIT Sectors TodayWeird Portfolio: Weird Portfolio – Portfolio ChartsKo's Mi...2025-03-1328 minRisk Parity RadioEpisode 403: Navigating The New Regime, What Does A Weak Dollar Mean, Inflation In Withdrawals And Portfolio Reviews As Of February 28, 2025In 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 find at Portfolios | Risk Parity Radio.Additional links:Father McKenna Center Donation Page: Donate - Father McKenna CenterNew Catching Up to FI Podcast with You...2025-03-0236 min
Catching Up to FI“The Risk Parity Paradox” an Exercise in Simple Complexity? | Frank Vasquez | 124 Frank Vasquez (also affectionately known as Uncle Frank) is a mostly retired lawyer and host of the 'Risk Parity Radio' podcast. In this episode, he gives us a dose of his investing wisdom complete with his unique 'SpongeBob' sense of humor. We discuss financial independence (FI) in the older years, emphasizing the importance of enjoying the fruits of your labor after decades of saving. We explore diversified portfolios, the principles of risk parity, and introduce listeners to various investment approaches such as the 'Golden Butterfly' and 'Golden Ratio' portfolios. Frank also shares his thoughts on the shortcomings of traditional...2025-03-021h 13Risk Parity RadioEpisode 400: An AI Thingamabob Takes Over To Review And Reconstruct Our First Five Foundational EpisodesIn 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 are (most of) the original links and notes from those episodes.Episode 1:In this episode we answer five basic questions:1. What is Risk Parity Radio?2. Who is this...2025-02-051h 48Risk Parity RadioEpisode 392: Small Cap Value Indexes, Managed Futures Butterly, And A Mini-Rant On BucketeeringIn 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 CenterSteve's Modified Golden Butterfly: testfol.io/?s=hJZl3QbaXsjMerriman's Best In Class ETFs: Best-in-Class ETF Recommendations | Merriman Financial Education FoundationKitces Article About Bucket Strategies: Managing Sequence Risk: Bucket Strategies Vs Total Return2025-01-0832 minRisk Parity RadioEpisode 391: Musings About Base Rates, Crystal Balls, Dice And Santa, And Annual Portfolio Reviews For 2024In 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. And the missing Santa Claus.Links:Portfolio Charts Annual Returns Calculator: Annual Returns – Portfolio ChartsTestfolio Backtesting and Analysis Site: testfol.ioA...2025-01-0546 minRisk Parity RadioEpisode 389: A Mini-Case Study About Entering Retirement, QSPNX, The Foibles Of Market Timing Bonds And Portfolio Reviews As Of December 20, 2024In 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 portfolios you can find at Portfolios | Risk Parity Radio.Additional Links: Choose FI Episode 508 With Yours Truly: 508 | 5% SWR, Revealed Preferences, and the 3 Stories | Frank Vasquez QSPNX Fund Summary: AQRFunds - AQ...2024-12-2352 minRisk Parity RadioEpisode 388: Fun With A Financial Birthday Poem, A Couple Leveraged Portfolios And A Distribution On A Short TimeframeIn 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 paper that has already been beaten like a dead horse.Links:Father McKenna Center Donation Page: Donate - Father McKenna CenterCederburg Paper redux (revised December 2024): Bey...2024-12-1930 minRisk Parity RadioEpisode 385: Celebrating Generosity And Friends, Mixing It Up With Bonds, And Portfolio Reviews As Of December 6, 2024In 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 on the RSS feed page.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:2024-12-0850 minRisk Parity RadioEpisode 383: The New I-Fund, A Pinwheel, Alternate Management And Portfolio Reviews As Of November 29, 2024In 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 Links:Father McKenna Center Lessons & Carols: Lessons and Carols - Father McKenna CenterFather McKenna Center Donation Page: Donate - Father McKenna CenterArticle About New TSP...2024-12-0128 minRisk Parity RadioEpisode 379: Using Risk Parity Portfolios For Elder Relatives, Intermediate Goals And Accumulation, And Portfolio Reviews As Of November 15, 2024In 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 Portfolios | Risk Parity Radio.Additional links:Yours Truly On The Earn & Invest Podcast: Why Risk Matters w/ Frank Vasq - Earn & Invest - Apple Po...2024-11-1731 min
Youthful Aging Secrets Podcast#12: Forbidden Secrets To Staying Young At 78 With Frank GilfeatherSend us a text🥊 Ageless Boxing: Frank Gilfeather's Secrets to Staying Young at 78 | Youthful Aging Secrets Podcast Episode #12 🥊Join Ricardo Vazquez as he dives into the life and longevity secrets of Frank Gilfeather, a 78-year-old boxing legend from Aberdeen, Scotland. 🇬🇧 In this episode, Frank reveals his tips on:💪 Staying healthy and active🥗 The importance of diet and exercise🚫 Why he avoids processed foods⏳ Frank's minimalist approach to training🧘♂️ How he manages stress and recoveryDon’t miss this inspiring conversation that proves age is just a number!🥊 Connect With Frank:2024-11-111h 48