Podcasts about golden butterfly

In this episode we answer emails from Anonymous, Tim, Mark and Luc.  We celebrate the overwhelming generosity of our listeners and discuss using risk parity style portfolios for intermediate savings, heavy metal, tax efficient portfolio management, and some investing and retirement resources.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.To donate to the Top of the T-Shirt campaign and double your fun, please visit the Father McKenna Center donation page and note "Risk Parity Radio Match" when making your contribution.Additional Links:Father McKenna Center Donation Page:  Donate - Father McKenna CenterFIRE Takes Podcast Page:  FIRE Takes PodcastMichael Kitces Page and Resources:  Kitces.com - Advancing Knowledge in Financial PlanningAndy Panko Resources:  FREE Retirement Planning EducationCody Garrett Page and Resources:  Meet Cody - Measure Twice FinancialSean Mullaney Page and Resources:  The FI Tax Guy – The Tax Efficient Path to Financial IndependenceWade Pfau Book:  Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series): Pfau, Wade: 9781945640155: Amazon.com: BooksAshvin Chhabra Book:  Amazon.com: The Aspirational Investor: Taming the Markets to Achieve Your Life's Goals eBook : Chhabra, Ashvin B.: Kindle StoreAQR and Antti Ilmanen:  AQR Principal Antti Ilmanen Authors New Book on Investing in a Low-Return EnvironmentBreathless Unedited AI-Bot Summary:Have you ever wondered what to do with money that's not for emergencies but not quite for retirement either? Today we tackle the often-overlooked middle ground of intermediate-term savings and reveal why risk parity strategies offer a powerful solution for these "in-between" financial goals.Most financial advice focuses heavily on either emergency funds or retirement accounts, leaving a significant gap in guidance for money you're saving for goals 3-10 years away. Whether you're planning for a home down payment, vehicle purchase, or building a Roth conversion ladder, the traditional advice to simply park this money in savings accounts is leaving significant opportunity on the table. We explore how portfolios like the Golden Butterfly and Golden Ratio can provide meaningful growth while keeping drawdowns manageable, typically recovering within 3-4 years at most.Beyond just investment selection, we dive into the tax efficiency of managing these portfolios in taxable accounts. Unlike high-yield savings accounts that generate ordinary income taxed at your highest marginal rate, properly managed risk parity portfolios create opportunities for tax-loss harvesting and strategic rebalancing. We explain how directing new contributions to underperforming assets eliminates the need for selling investments to rebalance, substantially reducing your tax burden while maintaining your desired allocation.For younger investors, managing an intermediate-term risk parity portfolio serves anothSupport the show

In this episode we answer emails from Pete, Kevin and Dale.  We discuss Pete's "Berry Pie" portfolio experiments on the testfolio site, the ongoing debate about the size and value factors and why it doesn't matter that much for constructing diversified portfolios due to Shannon's Demon, and some basics on the process for constructing portfolios moving from asset classes to specific ETFs.We also roll out our "Top of the T-Shirt" Matching Campaign to benefit the Father McKenna Center.  Please support the Father McKenna Center by visiting their website and mentioning "Risk Parity Radio" in the dedication box when donating. Your contribution will be matched dollar-for-dollar and help provide meals and services to homeless and hungry people in Washington DC.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 CenterPete's Test Portfolios Analysis:  https://testfol.io/?s=cTkuwqvwzMSShannon's Demon Article:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio ChartsMeb Faber Interview of Professor Ken French:  Famed Finance Expert Kenneth French Reveals: Most Dangerous Investor FallaciesBreathless Unedited AI-Bot Summary:Ever walked into a dive bar and found unexpected wisdom? That's Risk Parity Radio—a refreshingly honest approach to investing where movie quotes mix with mathematical principles, and portfolio theory comes without the corporate jargon.In this episode, Frank Vasquez launches the "Top of the T-Shirt Campaign," where an anonymous donor will match up to $15,000 in listener contributions to the Father McKenna Center. This small but mighty charity serves thousands of meals to homeless and hungry people in Washington DC with remarkable efficiency, using a $1.5 million budget, donated space, and an army of volunteers to maximize impact.The heart of the episode tackles a fundamental investing misconception—that we include value stocks or small cap funds because they'll outperform. Frank explains that diversification isn't about prediction but about mathematical certainty: "That's Shannon's Demon. If you have two assets with similar long-term performance but they aren't fully correlated, you're better off holding both than either one alone." By splitting stock holdings between growth and value, investors create systematic rebalancing opportunities when these segments diverge—as they dramatically did in 2022, when growth cratered while value remained relatively stable.Listeners get practical portfolio construction wisdom too: start with your goals, select appropriate asset classes, then choose specific funds—not the other way around. Frank emphasizes that ETFs have made mutual funds largely obsolete for new investments, offering better tax efficiency and portability.Weekly portfolio reviews reveal gold's continued dominance (up 28% YTD) while diversified portfolios showed modest gains despite volatile markets. Risk parity approaches demonstrated their resilience, with the Golden Butterfly portfolio up 3.13% year-to-date and 38.12% since inception in 2020.Ready to build a portfolio that doesn't require predicting winners? Want to support a worthy cause while learning? This episode combines financial wisdom with practical generosity—a perfect introduction to the Risk Parity Radio approach.Support the show

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 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.Additional links:Kitces Article re Rising Glidepaths:  The Benefits Of A Rising Equity Glidepath In RetirementKitces/Pfau Paper re Rising Glidepaths:  Reducing Retirement Risk with a Rising Equity Glide-Path by Wade D. Pfau, Michael Kitces :: SSRNMeb Faber Podcast with Brian Jacobs discussing problems with CAPE ratio predictions:  A Century of No Return! The Truth About The Beloved Bonds (Brian Jacobs of Aptus Reveals)Breathless Unedited AI-Bot Summary:"A foolish consistency is the hobgoblin of little minds," begins this thought-provoking exploration of why most investors are trapped in accumulation-phase thinking even as they approach or enter retirement. The question at the heart of this episode strikes at a surprising disconnect in personal finance: Why do so many investors intellectually understand they're investing to enjoy retirement, yet construct portfolios clearly designed to maximize wealth at death? Through a series of illuminating listener emails, Frank unpacks how portfolios optimized for accumulation often fail spectacularly during the decumulation phase. One listener confesses he "always wondered why anyone would buy bonds when clearly stocks give a far greater return," before discovering through portfolio testing that a 100% equity portfolio would have "failed catastrophically" for someone retiring around 2000-2003.This recognition—that diversification isn't about maximizing returns but enabling sustainable withdrawals—represents the fundamental insight many investors miss until too late. As Frank colorfully puts it, if your goal is to "die with the most money possible" in your "golden coffin," then by all means stick with 90-100% equities. But if you actually intend to enjoy your retirement by spending more than 3% of your portfolio annually, a properly diversified approach becomes essential.The episode also addresses why attempts to use valuation metrics like CAPE ratios to predict market movements have largely failed, and why separating your portfolio into growth and value components offers a more reliable approach to capturing rebalancing bonuses without attempting market timing.Make sure your investment behavior actually matches your stated goals. If you're planning to spend in retirement, construct a portfolio that optimizes for sustainable withdrawals, not maximum theoretical returns.Support the show

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 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 CenterPortfolio Charts Retirement Spending:  Retirement Spending – Portfolio ChartsMonevator Quilt Chart:  Asset allocation quilt – the winners and losers of the last 10 years - Monevator Just ETF (UK) Page:  ETF portfolios made simpleShannon's Demon Article:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio ChartsAmusing Unedited AI-Bot Summary:Market crashes reveal the true value of diversification. While Professor Jeremy Siegel called last week's events "the worst policy mistake in US economic history in the last 95 years," properly structured portfolios weathered the storm remarkably well.The recent market plunge shows exactly why risk parity strategies work—the S&P 500 dropped 13.3%, NASDAQ fell 17.2%, but our All Seasons portfolio remained flat for the year. This divergence creates powerful rebalancing opportunities that can enhance long-term returns.Looking at performance across asset classes reveals a classic recession pattern: falling stocks, rising treasury bonds, and initial panic selling followed by differentiated recoveries. Long-term Treasury bonds (VGLT) are up 7.2% for the year, demonstrating their crucial diversification role during market stress. Gold, despite some wobbles, remains up 15.7% year-to-date.The mathematical principle behind this outperformance is what Claude Shannon described as "Shannon's Demon"—when assets perform differently at different times, periodic rebalancing allows the portfolio to outperform any individual component. This explains why we maintain exposure to both growth and value styles, rather than trying to predict which will outperform next.For DIY investors, this market correction offers valuable lessons about portfolio construction. Understanding why you hold each asset—whether for stability, income, or diversification—is far more important than chasing yields. The Golden Butterfly portfolio, with its balanced approach across stocks, bonds, and gold, is only down 1.78% year-to-date while continuing to provide consistent distributions.Want to learn more about building resilient portfolios? Visit riskparityradio.com for sample portfolios and detailed resources, or email your questions to frank@riskparityradio.com.Support the show

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 re Verus Investment Management, LLC, 344 B.R. 536 | Casetext Search + CitatorCAOS Main Page:  CAOS ETF - Alpha Architect ETFsCAOS Fact Sheet:  Factsheet_CAOS.pdfAmusing Unedited AI-Bot Summary:What if your investments could outpace market trends with a simple shift in strategy? On Risk Parity Radio, we promise to unravel the complexities of asset allocation, specifically tailored for the DIY investor. We kick off with a deep dive into the world of small-cap value funds, dissecting the evolution of Vanguard's funds alongside iShares' stalwart, IJS. The competition heats up with new entrants like Avantis and Dimensional, particularly the rising star AVUV. With insights from Paul Merriman's research, we explore why diversifying into small-cap value can be a game-changer for your portfolio, no matter which fund you choose.Ever wondered if an investment product could thrive in both stable and volatile markets? Enter Wes Gray's Alpha Architect product, Chaos, which challenges traditional investing with tools like protective puts and box spreads. We bring you a thorough examination of this intriguing product and a candid discussion about its potential and risks. Our analysis extends to sample portfolios, showcasing the power of diversification with assets ranging from the S&P 500 to commodities. We wrap up by contrasting popular portfolios like the All Seasons and Golden Butterfly with the experimental Accelerated Permanent Portfolio, making sure you are equipped with cutting-edge strategies to optimize your investments.Support the show

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 portfolio, whether you'll see me on Bluesky or most other social media ("no"), and the Dude's continued gambling problems with his Sixty Sixty Portfolio.  Links:Father McKenna Center Donation Page:  Donate - Father McKenna CenterPete's Correlation Analysis Link:  Asset CorrelationsIDMO Fund:  IDMO – Invesco S&P International Dev Momt ETF – ETF Stock Quote | MorningstarInternational Large Cap Growth Fund Comparison:  testfol.io/analysis?s=4PEQ1YvTbAMPortfolio Matrix Comparison Tool:  Portfolio Matrix – Portfolio ChartsThe Dude's Sixty-Sixty Portfolio And Comparisons:  testfol.io/?s=1bInsY2fEmIAmusing Unedited AI-Bot Summary:Can you really diversify your portfolio internationally without getting tangled in global market correlations and geopolitical webs? On this episode of Risk Parity Radio, we promise to unravel the mysteries of international large-cap growth ETFs and share insights on navigating beyond U.S. equities with flair. Listener Pete joins us from an airport terminal, seeking our expertise on innovative sectors like tech and semiconductors. We dissect options such as IMTM and EMQQ, weighing their benefits and risks, particularly in the context of Chinese equities. We keep things lively with a light-hearted approach to managing personal finance, reminding you that while investing is serious, there's always room for a bit of humor and creativity.Switching gears, we ditch traditional portfolio strategies and explore modern frameworks for reducing retirement drawdowns. By harnessing tools like Portfolio Charts, we dive into strategies like the Golden Ratio and Golden Butterfly, comparing them to the old-school 60-40 portfolios. Our aim is to empower you to base decisions on data, not outdated norms. We also discuss the role of growth ETFs in deaccumulation, and venture into the world of innovative portfolios like the 60-60 model, while examining the influence of social media on investing. Throughout, we champion independent thinking and celebrate the vibrant contributions of our engaged community.Support the show

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 CenterSteve's Modified Golden Butterfly:  testfol.io/?s=hJZl3QbaXsjKitces Article About Bucket Strategies:  Managing Sequence Risk: Bucket Strategies Vs Total ReturnAmusing Unedited AI-Bot Summary:Can equal-weighted ETFs outperform their cap-weighted counterparts? Find out as we break down their impact on factor representation within diversified portfolios, focusing on strategies like the Golden Butterfly. Join me, Frank Vasquez, in our latest episode as I discuss listener questions and share insights on choosing between Invesco's RSP and traditional options like SPY or VOO. I'll also revisit my preference for the small-cap value ETF VIOV over VBR, emphasizing the advantages of the S&P 600 index's unique profitability filter. This episode is packed with knowledge to help you refine your portfolio allocation strategies, with a special focus on the role of managed futures and their influence on compound annual growth rates and drawdowns.Shatter the myth of bucket strategies as we confront their limitations in mitigating sequence of returns risk. Drawing on Bill Bengen's studies, I argue that excessive cash allocations hinder performance more than they help. We explore the psychological allure of bucket strategies and suggest that true financial security lies in prudent spending rather than complex asset arrangements. Tune in as we offer a fresh perspective on managing your financial future, challenging conventional wisdom and emphasizing smarter, evidence-based approaches to portfolio management. Whether you're a seasoned investor or just starting, this episode promises valuable insights and a chance to rethink traditional investment strategies.Support the show

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 Links:Father McKenna Center Lessons & Carols:  Lessons and Carols - Father McKenna CenterFather McKenna Center Donation Page:  Donate - Father McKenna CenterArticle About New TSP International Fund:  What to Know About the New TSP I Fund | MorningstarMerriman Best In Class ETFs:  Best-in-Class ETF Recommendations | Merriman Financial Education FoundationPinwheel Portfolio:  Pinwheel Portfolio – Portfolio ChartsPortfolio Matrix Tool:  Portfolio Matrix – Portfolio ChartsAmusing Unedited AI-Bot Summary:Imagine stepping into a world where personal finance feels as cozy and welcoming as your favorite neighborhood bar. On this episode of Risk Parity Radio, hosted by Frank Vasquez, we tackle James' inquiry about the iFund in the Thrift Savings Plan, delving into its recent shifts, and why you might want to consider the C fund or other diversification paths beyond the TSP. The conversation takes an intriguing turn as we discuss how the mighty US dollar sways international investments, urging you to broaden your horizons for potentially richer outcomes.Join us for a colorful exploration of investment portfolios like the All-Seasons, Golden Butterfly, Golden Ratio, and Risk Parity Ultimate, each with their own flair and strategy. We navigate through last week's market waves, noting which portfolios are riding high and those that are weathering the storm. Venturing into the more adventurous terrain of leveraged funds, we underscore both the thrill and the risks involved. Frank also shares a touch of personal wisdom from his mother's sayings, reminding us that life's journey is full of unpredictable twists—just like the world of investments. Connect with Frank via email or the Risk Parity Radio website, and remember, while we're here to entertain and inform, your financial decisions deserve tailored advice from your trusted experts.Support the show

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 Portfolios | Risk Parity Radio.Additional links:Yours Truly On The Earn & Invest Podcast:  Why Risk Matters w/ Frank Vasq - Earn & Invest - Apple PodcastsJared Dillian And The Awesome Portfolio:  Show Us Your Portfolio: Jared DillianFather McKenna Center Donation Page:  Donate - Father McKenna CenterAmusing Unedited AI-Bot Summary:  What if you could unlock the secrets of risk parity and transform your investment strategy? Join us on Risk Parity Radio as we explore how strategic gold allocation and portfolio diversification can revolutionize your financial journey. Dive into the humor-laden world of market fluctuations and portfolio reviews, and learn from our recent discussion on the Earn and Invest podcast with Jordan Grumet about integrating risk parity into modern portfolio theory. We also respond to a thoughtful email from Jenny, a dedicated Patreon supporter, who's crafting a risk parity portfolio for her mother-in-law. Get insights on asset allocation, the timing of gold investments, and how to utilize current market conditions to make savvy decisions.In this episode, we delve into diversifying investment strategies during the accumulation phase, particularly for DIY investors like Jeff, a mid-40s Gen Xer contemplating a 401k rollover. Explore a variety of strategies, including Tyler's Golden Butterfly, the Weird Portfolio by Value Stock Geek, and Jared Dillian's Awesome Portfolio. Discover how these can complement ventures in real estate or business, and draw inspiration from Bruce Lee's philosophy to tailor an approach uniquely your own. Whether you're a novice or a seasoned investor, expect to walk away with practical advice and fresh perspectives to enhance your financial strategy.Support the show

Join Angel, Bonnet And Friends, as they tell you the wonderful story of one very helpful, brave and faithful Golden Doodle and one beautiful butterfly in need of help! Get Teddy Ready and come and join our storytime! Music: Solo Acoustic 5 Musician: music by audionautix.com License: https://creativecommons.org/licenses/by/4.0/legalcode

Bienvenidos a Salud Financiera. Un programa diario dónde puedes aprender y preguntar sobre finanzas personales y mercados financieros.En este episodio #189 presentaremos varios temas- ¿Cómo se vivió el Lunes Negro de 1987 en el fondo más grande de Estados Unidos?- Análisis de la estrategia Golden ButterflyNo te pierdas nada de nuestra comunidad: https://linktr.ee/misaludfinanciera- Curso de ETFs disponible en https://go.hotmart.com/U91482169Y- Curso de Fondos disponible en https://hotmart.com/es/marketplace/productos/de-cero-a-inversor-en-fondos/O93564337ICupón Descuento del 20% con el código "REGALO"Patrocinadores y Colaboradores del Podcast:- Scalable Capital: https://bitly.cx/Sg6jx- Bit2me: https://bitly.cx/Bit2meEnlaces de Interés- https://portfoliocharts.com/2016/04/18/the-theory-behind-the-golden-butterfly/- https://portfoliocharts.com/portfolios/golden-butterfly-portfolio/- https://www.quantifiedstrategies.com/golden-butterfly-portfolio- https://curvo.eu/backtest/es/cartera/golden-butterfly-global- https://curvo.eu/backtest/es- https://www.jlorenzotrading.com/wp-content/uploads/2022/03/Cartera-est%C3%A1tica.pdfCronología00:00 Introducción02:15 ¿Cómo vivió el Lunes Negro John Neff?18:04 Análisis de la estrategia Golden Butterfly

In this episode we answer emails from Lucas, Hannelore and Joe.  We discuss databases, where to put your gold ETFs and how it is taxed, and a modelling recommendation for testfol.io and modelling OPTRA.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 Donation Page:  Donate - Father McKenna CenterKen French Database Page:  Kenneth R. French - Data Library (dartmouth.edu)Portfolio Charts Portfolio Matrix: Portfolio Matrix – Portfolio Charts Investopedia Article About Taxation of Gold and Collectibles:  How Collectibles Are Taxed (investopedia.com)  (See also notes to Episode 303).Joe's UPRO Model:  testfol.io/?d=eJytkF9LwzAUxb9KuQ8%2BVakrCBaGDP%2BgIFg2BccY5drcdtE0mWnaKqPf3dtWZhH2tjwl5NxzfufuIFfmDVWMFosSoh2UDq1LBDqCCMAH0mL0Gn5rVBCdB3x8QPGeSJ0pdNJoiDJUJfmQYrnJlGkgCv4eSWbpk32WhFZ9s5s1SkmdJ43UotNeBK0PW2NdZpQ0jLPagcaiy148FBVnkPBe4vkTz0pdU%2BluZC0FI7LW2YqDLXEb1Cnd%2FctyMv0gO3gO9841Xj7Prx6n4cntNDi7nLBuSzYl7fp%2B7doHYTHnFq2%2FRwm%2FvH7Oa6TbeJpyrl6T17U8KtcYJgx6gr3gera4fx0LTieHcGepq1AddW2%2FXodWtW5%2FALcmxls%3DAmusing Unedited AI-bot Summary:Unlock the secrets to smarter investing with us at Risk Parity Radio! What if understanding the complexities of asset allocation could transform your investment strategy? That's exactly what we explore as we tackle Lucas's burning question about robust databases for backtesting historical financial data. With a sharp focus on resources like the Fama French database, Bogleheads, and Portfolio Visualizer, we emphasize the power of broad asset class data over individual tickers. Plus, we highlight how using multiple tools, including the nifty Portfolio Matrix at Portfolio Charts, can lead to consistent, reliable investment results.As we navigate the world of investing, we sprinkle in humor with a ferry trip anecdote that doubles as a clever metaphor for strategic thinking in finance. With insights on choosing between traditional IRAs, Roth IRAs, and brokerage accounts, we spotlight listener Joe's stellar contribution on leveraging funds and performance modeling using the Testfolio tool. Our lively discussion doesn't end there; tune in for our weekly portfolio performance reviews, featuring everything from small-cap value stocks to gold and treasury bonds. We won't leave you guessing about sample portfolios like the All Seasons and Golden Butterfly, as we break down their substantial returns and year-to-date gains. Packed with practical advice and engaging stories, this episode is a must-listen for any investor looking to refine their financial approach.Support the show

Naviga in totale sicurezza con NordVPN (#ad). Il Golden Butterfly è il miglior portafoglio che esista. E' il più prevedibile, il più stabile, il più performante in qualunque ciclo economico e il più affidabile per vivere di rendita. Ma è davvero il portafoglio definitivo? In uscita il libro di The Bull! Sei già ricco ma non lo sai (disponibile a questo link) Portfolio Charts Seguiteci anche su Instagram! =============================================== Investi con Scalable in ETF e Azioni a costi imbattibili. L'Assicurazione sulla Vita semplice e conveniente: Turtleneck. Migliaia di audiolibri riassunti in 15 minuti con 4Books, 7 giorni di prova gratuita e 30% di sconto. I link sono sponsorizzati e l'Autore potrebbe percepire una commissione. =============================================== ATTENZIONE: nessun contenuto di questo podcast deve essere inteso come una raccomandazione di investimento. La citazione di determinati ETF è a mero scopo esemplificativo e non deve essere intesa in alcun modo come una sollecitazione all'acquisto di specifici prodotti finanziari. L'autore non è un consulente finanziario e non intende presentarsi come tale. Investire comporta dei rischi. Affidatevi sempre a dei professionisti e/o assicuratevi sempre di aver compreso pienamente il funzionamento, le implicazioni e i rischi di ciascun prodotto finanziario prima di investirvi del denaro. L'autore non è inoltre collegato ad alcuna società emittente di prodotti di investimento. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we answer emails from Jimmy, Dave and Richard.  We discuss the joys of Joe's Garage, the Bogleheads Simba spreadsheet and Lazy Portfolios and a revisit of the ETF SVOL.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:Simba's Spreadsheet (Article And Link):  Simba's backtesting spreadsheet - BogleheadsSVOL Webpage:  SVOL Simplify Volatility Premium ETF | SimplifyRichard's SVOL vs. Equity ETFs Analysis:  testfol.io/analysis?d=eJxdikEKwjAQRa8S%2FjoL68JFruEBwtCkMu04kUmaIuLdDbgR3%2B7x3guN5y1bRYC79iKuPp5ur%2FfuqO8dHrWRtZio5bEMz5p%2B7Fs7CcJ0GnhQWiPrItS4KMJCUrOHFRHWWzxYUzkQLuOci1n8D9P5%2FQF55jJ4Richard's SVOL Portfolio Analysis:  https://tinyurl.com/bddjy2k4Eric Balchunas Interview:  Eric Balchunas on The Hidden Gems of the ETF World You Need to Know! (youtube.com)Amusing Unedited AI-bot Summary:Imagine a finance podcast that's as entertaining as a night out at your favorite dive bar. I'm Frank Vasquez, and on this playful yet insightful episode of Risk Parity Radio, we hit a milestone of 750,000 downloads, a delightful gift for my 60th birthday. Join me as I reminisce about the impact of Frank Zappa's "Joe's Garage" on my youth and answer listener emails, including a deep dive into Simba's Backtesting Spreadsheet. We ponder the Bogleheads' seemingly timeless investment models and their reluctance to embrace change.Turning our focus to innovative ETF strategies, we dissect the SVOL ETF, an inverse VIX fund with the potential to spice up your portfolio. Despite its lack of historical data and the risk of significant distributions in taxable accounts, this ETF might just find its rightful place in your retirement portfolio. We examine the broader trend of creative ETFs, thanks to recent SEC rule changes, and weigh the psychological appeal against the need for financial prudence. Curiosity piqued, we also explore SVOL's correlation with growth or value stocks.Rounding out the episode, we analyze weekly portfolio performances with strategies like the All Seasons, Golden Butterfly, and Risk Parity Ultimate. I update you on specific portfolio allocations and performances, highlighting the beauty of consistent returns, even if they might seem uneventful. Engage with us through questions or comments, subscribe, and leave a review. As we wrap up, enjoy a humorous tale that weaves together music, relationships, and personal growth, leaving you informed and entertained. Remember, this episode offers insights for entertainment and informational purposes, so consult your personal advisor for tailored financial advice.Support the show

In this episode we answer emails from Mikel, Garrison and Matt.  We discuss our charity and some foundational episodes, the use of leveraged fund UPRO in the OPTRA sample portfolio, and the four phases of learning and knowledge in personal finance, which are (1) Baby Steps; (2) Shiny Object Syndrome; (3) Applying Formulas That Represent Sound Investing Principles; and (4) Understanding Sound Investing Principles And Applying Them Directly.  And Mt. Rushmore and The Dog With The Longest Name.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:Risk Parity Radio RSS Feed With All Podcasts On One Searchable Webpage:  Risk Parity Radio RSS Feed (buzzsprout.com)Father McKenna Center Main Donation Page:  Donate - Father McKenna CenterFather McKenna Center Walk4McKenna Page:  Walk4McKenna - Father McKenna CenterAmusing Unedited AI-Bot Summary:How can long-term treasury bonds cushion your portfolio against turbulent market conditions? This week on Risk Parity Radio, we provide a detailed review of our sample portfolios, showing how treasuries have played a crucial role in mitigating recent stock market losses. We also share an inspiring email from Michael, a new listener who discusses his generous donation to the Father McKenna Center and highlights the upcoming Walk for McKenna fundraiser. Tune in to learn how you can support this meaningful cause while enhancing your understanding of risk parity investing.Embark on a journey to financial independence with us as we dissect the critical stages and pitfalls along the way. We'll guide you through the initial "baby steps," cautioning against the allure of "shiny object syndrome," and emphasize the importance of transitioning to practical, DIY investment strategies. Discover the core principles of successful investing, such as diversification and macro allocation, that will empower you to achieve true financial independence and navigate your personal finance journey with confidence.In a week marked by significant market declines, we analyze the performance of various portfolio strategies, highlighting the resilience of long-term treasury bonds and the impressive gains in diversified portfolios like the All Seasons and Golden Butterfly. Get an inside look at the new Optra portfolio, its composition, and its performance amidst economic fluctuations. We wrap up with an engaging tale about an extraordinarily talented dog, blending financial wisdom with light-hearted storytelling to keep you both informed and entertained.Support the show

In this episode we answer emails from Chris, Andrew and Jenzo.  We discuss portfolio, forms of leverage in leveraged portfolios, transitioning to a Golden Butterfly portfolio, and working with your spouse productively on your finances.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:  Home - Father McKenna CenterArticle re Margin vs. Leveraged ETFs:  Margin Trading vs. Leveraged ETFs | Cumberland AdvisorsOptimized Portfolios:  Optimized Portfolio - Investing and Personal FinanceLeveraged ETFs Article:  Double-Digit Numerics - Articles - The Big Myth about Leveraged ETFs (ddnum.com)Warren Buffett's Alpha Article:  Full article: Buffett's Alpha (tandfonline.com)Gottman -- "Eight Dates" Book:  Eight Dates: Essential Conversations for a Lifetime of Love (gottman.com)Amusing Unedited AI-bot Summary:Ever wondered if using margin or leveraged ETFs is the smarter choice for your investment strategy? This week on Risk Parity Radio, we promise to shed light on this ongoing debate. As we kick off the episode, we liken our podcast to a dive bar of personal finance where humor enthusiasts and seasoned investors alike can find common ground. With a lively introduction, we announce the grand unveiling of our weekly portfolio reviews for eight sample portfolios available on our website. An email from Chris sets the stage for a deep dive into the nuances of leveraging investments using margin or box spreads, responsible leverage, and current rates, all while thanking our generous listeners for their support of the Father McKenna Center.Are high margin rates making you reconsider your investment strategy? We dissect this dilemma by exploring the current landscape and why leveraged ETFs might just be your best bet. With a focus on ETFs like NTSX and UPRO, we suggest additional resources such as Optimized Portfolios to help you navigate your options. Inspired by listener feedback, we also touch on the concept of optimal leverage, referencing studies like "Warren Buffett's Alpha," and discuss the importance of consistent investing strategies over market timing when building a risk-parity portfolio over the next five years.Ready for some good news? This has been an exciting week in the market, with gains across the board. From the S&P 500 to managed futures, everything is up, and our eight sample portfolios are reaping the benefits. We highlight the standout performances of newer and experimental portfolios like the Levered Golden Ratio and the Optra Portfolio. To wrap things up, Frank Vasquez delivers a spirited and humorous sign-off, reminding us to consult with personal advisors before making any financial decisions. Tune in for a rollercoaster of insights and laughs that you won't want to miss!Support the Show.

Mentre Agosto continua a riservare colpi di scena sui mercati, il campione del mondo di trading Stefano Serafini ci racconta cosa significa essere un trader professionista, come investe per proteggersi dai crolli del mercato, perché considera il Golden Butterfly il migliore dei portafogli e tanto ancora. Seguiteci anche su Instagram! =============================================== Naviga in totale sicurezza con NordVPN con il codice sconto THEBULL. Investi con Scalable in ETF e Azioni a costi imbattibili. L'Assicurazione sulla Vita semplice e conveniente: Turtleneck. Migliaia di audiolibri riassunti in 15 minuti con 4Books, 7 giorni di prova gratuita e 30% di sconto. Ottieni le migliori tariffe per Luce, Gas, Internet e Cellulare con Switcho. I link sono sponsorizzati e l'Autore potrebbe percepire una commissione. =============================================== ATTENZIONE: nessun contenuto di questo podcast deve essere inteso come una raccomandazione di investimento. La citazione di determinati ETF è a mero scopo esemplificativo e non deve essere intesa in alcun modo come una sollecitazione all'acquisto di specifici prodotti finanziari. L'autore non è un consulente finanziario e non intende presentarsi come tale. Investire comporta dei rischi. Affidatevi sempre a dei professionisti e/o assicuratevi sempre di aver compreso pienamente il funzionamento, le implicazioni e i rischi di ciascun prodotto finanziario prima di investirvi del denaro. L'autore non è inoltre collegato ad alcuna società emittente di prodotti di investimento. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we answer emails from Justin, Joe and Jenzo.  We discuss the legacy of Risk Parity Chronicles, basic accumulation principles, and what we can learn from a debate on gold between Ben Felix and Tyler of Portfolio Charts.  And talk about our charitable promotion for the Father McKenna Center.And then we go through our weekly portfolio reviews of all eight of the sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:Father McKenna Center Donation Page -- Remember to mention "The Financial Quarterback match" in new donations:  Donate - Father McKenna CenterFinancial Quarterback Podcast With Yours Truly:  Breaking Down the Holy Grail of Diversified Portfolios w/ Frank Vasquez Jr. (Risk Parity Radio) (youtube.com)Justin's Station Wagon Portfolio:  The Station Wagon Portfolio - Google DocsJenzo's Link to the Great Gold Debate:  Ben & Tyler showdown - Google DocsAI-generated summary (use at your own risk):Can diversification safeguard your portfolio against turbulent market conditions? Join us at Risk Parity Radio, the podcast with a dive bar vibe where humor meets investment wisdom. This episode begins with a performance review of our eight sample portfolios, demonstrating how diversification has been a protective shield amid market volatility. Plus, we're excited to feature our charitable promotion for the Father McKenna Center, urging listeners to donate and take advantage of our matching offer.We welcome back Justin, the insightful mind behind the now-dormant "Risk Parody Chronicles," for a thought-provoking discussion on the value of freely sharing financial knowledge. We revisit the Station Wagon Portfolio and emphasize the significance of adhering to a well-devised investment strategy. We also respond to Joe's questions about the accumulation phase, advocating for a combination of low-cost index funds, such as S&P 500 and small-cap value funds, and stressing the importance of consistency over the allure of recent top performers.Curious about the timeless debate on gold's role in modern portfolios? We dissect a lively debate between Tyler and Ben Felix, scrutinizing the historical and contemporary merits of holding gold. Alongside, we provide a detailed market analysis, highlighting the recent rise in gold and long-term treasury bonds, and review how different portfolios like the All Seasons and Golden Butterfly have weathered the storm. This episode is a reminder to employ critical thinking and adopt a comprehensive approach when evaluating investment strategies and market trends.Support the Show.

Wie sollten Anleger jetzt 100.000 Euro anlegen? Vorab die wichtigste Antwort: Es kommt darauf an! Und zwar auf deine persönliche Situation als Anleger. Welches Risiko bist du bereit, einzugehen? Welchen Zeithorizont hast Du? Und solltest Du deswegen mehr auf Aktien setzen oder auch Gold und Anleihen beimischen. Und wie breit gestreut sollte dein Depot sein, bietet sich eher ein ETF an auf den MSCI World oder den FTSE All World oder brauchst du eher ein konzentriertes Depot aus weniger Aktien oder Bitcoin, um deine Ziele zu erreichen. Es kommt bei jedem Anleger auf seine individuelle Situation an und dadurch ergibt sich die Strategie. Am wichtigsten ist, dass du gut schläfst und durchziehst, um deine Ziele zu erreichen. Deswegen können für Anleger auch aktiv gemanagte Fonds eine Alternative sein genauso wie Strategien, die das Risiko und die mögliche Rendite maximieren. Auch strategische Portfolios wie das Golden Butterfly und die Beimischung von Gold können sinnvoll sein. Gerade für jüngere Anleger bietet sich jedoch der klassische ETF-Sparplan auf den MSCI World und damit auf den breiten Aktienmarkt an. Denn der Aktienmarkt verspricht langfristig eine deutlich höhere Rendite als Immobilien, Gold, Rohstoffe oder Anleihen

In this episode we review why we are here and then answer emails from Paulo, Paul G, and Carlos.  We discuss our recent trip to the EconoMe Conference, Paulo's portfolio ideas, the plague of being unable to spend money that afflicts most popular personal finance personalities, Mark's Money Mind (a new podcast), why the Simplicity Principle should not override the Holy Grail and other investing principles, and investing from emerging market countries.Links:Mark's Money Mind podcast (YouTube version):  The Financial Speedometer: Tracking Your Income & Expenses | Episode 004 (youtube.com)Paul G's Golden Butterfly analyses:  https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=2lyVPkZFRfTEgVF8cZIAe5Shannon's Demon and Rebalancing Article:  Unexpected Returns: Shannon's Demon & the Rebalancing Bonus – Portfolio ChartsCarlos' Article re Emerging Markets:  Safe withdrawal rates from retirement savings for residents of emerging market countries (repec.org)Support the show

In this episode we answer emails from Lee, Phil and Carl.  We discuss using Golden Butterfly and Golden Ratio portfolios for intermediate accumulations, the Cederburg Pickelhaube Portfolio (again), funds UUP and EUO as diversifiers, our open source business model and tax issues for US temporary residents.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:Portfolio Visualizer Backtester:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Portfolio Charts Risk/Return Comparison Tool:  Risk And Return – Portfolio ChartsNomad Capitalist site:  Nomad Capitalist | Offshore Tax and Lifestyle Strategies for EntrepreneursSupport the show

In this jam-packed episode we answer questions from Luke, Ethan, and Garry.  We discuss a modified Golden Butterfly portfolio, some meta-withdrawal strategy ideas and concepts, a process for deciding what to do with oneself, small-cap vs. small-cap value investments, some esoteric international tax issues and the new QQQY gambling problem fund.  And throw in some Tom Waits to boot.Links:Portfolio Charts Portfolio Matrix Tool:  PORTFOLIO MATRIX – Portfolio ChartsFive Regrets of the Dying:  The Top Five Regrets of the Dying - WikipediaStephen Kotler "Flow" Video -- Short Version:  How to enter ‘flow state' on command | Steven Kotler for Big Think - YouTubeEthan's International Tax Article:  Nonresident alien investors and Ireland domiciled ETFs - BogleheadsQQQY Summary Prospectus:  Microsoft Word - qqqy_497k-091523.docx (defianceetfs.com)Support the show

In this episode we answer emails from Chas, MyContactInfo and JDM.  We discuss momentum-based funds and strategies (see also Episodes 218, 231 and 234), the inherent difficulties of trying to use GDP and other macro-economic data to make investing decisions and the basics of implementing a Golden Butterfly portfolio.Links:AQR Article -- Fama on Momentum:  Fama on Momentum (aqr.com)Interview of Professor Fama:  INVESTORS FROM THE MOON: FAMA (top1000funds.com)Chas' Asset Correlation Analysis:   Asset Correlations (portfoliovisualizer.com)VIOV vs. XSVM vs. DFSVX:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Swedroe Article re GDP and Emerging Markets:   Is there a link between GDP growth and emerging market returns? | TEBI (evidenceinvestor.com)Support the show

Il Golden Butterfly è il lazy portfolio preferito da molti investitori. La sua filosofia è molto semplice e ci permette di creare un Golden Butterfly Europeo con rendimenti veramente interessanti. Nel video presentiamo una simulazione reale di un classico Golden Butterfly e di quello Europeo, mettendo a confronto i due portafogli. Che ne pensi? Può essere considerato il Lazy portfolio perfetto per un investitore europeo in cerca di un bilanciamento tra Rendimento e Drawdown ridotto?

In this episode we answer emails from Jeff, Micah and Chris.  We discuss some data anomalies of Portfolio Visualizer pertaining to REITs, how to interpret and use Monte Carlo simulations, a more aggressive variation of the Golden Butterfly portfolio (similar to the Weird Portfolio) and the recent performance of the Golden Butterfly portfolio itself.Links:Portfolio Visualizer REIT Data:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Micah's Alaskan Golden Butterfly Portfolio:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)The Weird Portfolio:  Weird Portfolio – Portfolio ChartsPortfolio Charts Risk-Return Comparison Analyzer of Your Portfolio vs. 19 Others:  RISK AND RETURN – Portfolio ChartsSupport the show

In this episode we close out Season Three with a discussion of the annual rebalancings we performed last week on four of the Sample Portfolios -- the All Seasons, the Golden Butterfly, the Golden Ratio and the Risk Parity Ultimate.It's nitty and its gritty.Link to Portfolios Page:  Portfolios | Risk Parity RadioSupport the show

In this episode we answer an email from Marcy.  We discuss the modern and extended histories of the FIRE movement,  FIRE movements and FIRE literature of the past from the 19th Century and beyond, the parallels of modern portfolio mistakes with those of FIRE circa 1990, and do a case study of Marcy's FIRE goals and portfolio using Portfolio Visualizer.  (Errata -- I said "21%" for two allocations in the third portfolio when I meant 26%.)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:Local TV News Story on Father McKenna Center:  Father McKenna Center seeks men's clothing donations in DC – NBC4 Washington (nbcwashington.com)My 2016 Essay about FIRE:   Prospecting Mimetic Fractals - Prospecting Mimetic FractalsQuiet Life video:  In Praise of The Quiet Life - YouTubeRamit Sethi video with the Jensens:  “We achieved FIRE with $4.3M. Why can't we enjoy it?” | IWT 108 | Ramit Sethi - YouTubeRamit Sethi with the Mad Fientist:  Ramit Sethi – How to Spend (and Actually Enjoy It) - YouTubeMad Fientist Blog Post re Ways to Spend More Money:  The Problem with the 4% Rule (and Why You Could Retire Even Sooner) (madfientist.com)Terhorst's Blog:  Welcome to Paul and Vicki Terhorst's Perpetual Travel Blog – Paul and Vicki Terhorst's Perpetual Travel Blog (wordpress.com)Portfolio Visualizer Analysis of Marcy's Proposed Retirement Portfolio:  https://tinyurl.com/bdnmmubhPV Analysis of RPR Alternative No. 1 (Golden Butterfly):  https://tinyurl.com/bd5dtnddPV Analysis of RPR Alternative No. 2 (Golden Ratio):  https://tinyurl.com/9fkjx5b9Portfolio Charts Calculators:  Charts – Portfolio ChartsRecent Interview of Gwen Merz:  Navigating Career Transitions: Gwen Merz's Inspiring Journey from Corporate Success to Entrepreneur — Earn & Invest (earnandinvest.com)Diania Merriam:  Diania Merriam: Who the hell am I? - YouTubeRose Lounsbury Site:  Home - Rose LounsburySupport the show

Pasywni inwestorzy nie muszą walczyć z rynkiem, ale i tak stoją przed dylematem: jaką przyjąć strukturę portfela? Ile akcji, akcje amerykańskie czy globalne, ile obligacji, czy dodawać złoto? A to zaledwie tylko mały wycinek możliwości jakie ma przed sobą inwestor.Dziś prezentuję przykład konkretnego portfela o nazwie „Golden Butterfly”. Niektórzy uważają go za najlepszy portfel pasywny. Czy mają rację?

In this episode we answer emails from Anderson, Aaron, Anna and Travis.  We discuss how to use Portfolio Visualizer to compare portfolios on a particular time-frame using samples and a 60/40, where to address any data issues to Portfolio Charts and Portfolio Visualizer, and the current frustrations many are having with using Vanguard.  And then we consult a crystal ball to help a six-year old child.Links:Comparison of Golden Butterfly, Golden Ratio and 60/40 Portfolios:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Portfolio Charts Data Page:  Data Sources – Portfolio ChartsPortfolio Visualizer FAQ Page (Data Sources at Bottom):  Frequently Asked Questions (portfoliovisualizer.com)Support the show

In this episode we answer questions from Matsui, FuriousRiskParityInvestor and Paul.  We discuss why we have chosen excessively aggressive withdrawal rates for the sample portfolios, revisit treasury bond correlation issues and why smaller allocations to long-term treasuries make more sense than larger allocations to intermediate treasury bonds in most risk parity style portfolios. 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:Flights To Safety Treasury Bond Correlation Paper from Episode 176:  delivery.php (ssrn.com)Analysis of Golden Butterfly variations with intermediate treasury bonds:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Support the show

In this episode we answer emails from Brian, Grant and MyContactInfo.  We discuss rebalancing mechanisms and rules for various kinds of portfolios and the big discount brokers.Links:Optimized Rebalancing Article:  Optimal Rebalancing – Time Horizons Vs Tolerance Bands (kitces.com)Brian's Golden Butterfly with Annual Rebalancing:  Backtest Portfolio Asset Class Allocation Brian #1  (portfoliovisualizer.com)Brian's Golden Butterfly with Rebalancing Bands:  Backtest Portfolio Asset Class Allocation Brian #2  (portfoliovisualizer.com)A Rebalancing Band Improvement on Those Two:  https://tinyurl.com/2p8rm2wsGrant's Leveraged Portfolio with Monthly Data:   https://tinyurl.com/58wakx33Grant's Google Spreadsheet:  https://docs.google.com/spreadsheets/d/1Bz8uwpSYkMSaBZjc7vaF7nL7i5B4dKl7XyKXj2D3HVU/edit?usp=sharingMyContactInfo Vanguard Link:  What sets us apart from other asset management firms (vanguard.com)Article re Schwab re Intelligent Investor Funds:  Schwab to Pay SEC $186M Over ‘No Hidden Fee' Claims for Cash-Heavy Robo | ThinkAdvisorSupport the show

In this episode we answer emails from George, Grant, Visitor #4090, Justin and Lili.  We discuss the long-time usage and popularity of risk parity concepts by professional investors, a levered Golden Butterfly portfolio, the website chat function, Japan, crypto (a little) and consulting services.  And my general laziness.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:AQR Paper "Understanding Risk Parity":  Understanding Risk Parity (aqr.com)Recent Cliff Asness Interview:   Cliff Asness: Value Stocks Still Look Like a Bargain | The Long View (simplecast.com)Risk Parity Chronicles Resource References:  Resources - Risk Parity ChroniclesGrant's Levered Golden Butterfly Portfolio:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)ETF Database -- Levered Funds:  Leveraged Equity ETF List (etfdb.com)Support the show

All the Featured music in one delicious serving! Please support these talented artists. "Forest Walk," by Alexander Nakarada | https://www.serpentsoundstudios.com Music promoted by https://www.free-stock-music.com Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/ "Shire Girl," and "Green Nature," by David Fesliyan, David Fesliyan Studios Licensed under Creative Commons BY Attribution 4.0 License https://creativecommons.org/licenses/by/4.0/ "Paralyzed," by Punch Deck | https://soundcloud.com/punch-deck Music promoted by https://www.free-stock-music.com Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US "Believe," by Ron Gelinas, Chillout Lounge https://soundcloud.com/atmospheric-music-portal Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US "A Peaceful Sanctuary," by Tristan Lohengrin Music promoted by https://www.free-stock-music.com Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/ "RESET," by Alex-Productions | https://www.youtube.com/channel/UCx0_M61F81Nfb-BRXE-SeVA Music promoted by https://www.free-stock-music.com Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US "Electrified," and "Ghost Stories," by David Fesliyan, David Fesliyan Studios Licensed under Creative Commons by Attribution 4.0 License https://creativecommons.org/licenses/by/4.0/ "Magheda," by Punch Deck | https://soundcloud.com/punch-deck Music promoted by https://www.free-stock-music.com Creative Commons Attribution 3.0 Unported License https://creativecommons.org/licenses/by/3.0/deed.en_US "The Parting Glass," by Alexander Nakarada | https://www.serpentsoundstudios.com Music promoted by https://www.free-stock-music.com Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/ ------------------------------------------------------------------ Twitter @K_Bon_Author KarleighBon art merch is found on Redbubble.com Pod-notes can be found on Karleighbon.com Give the gift of support. It is always appreciated. ABOUT THE AUTHOR: Voice actor, Goodreads author, Redbubble artist, Soundcloud bard, blogger, armchair philosopher and comedian, tbi survivor, rpg gamer and high-fantasy fangirl. Author of Morvathé, the Golden Butterfly seasons series, The Ides of Babylon and the Tales of Eldelorne Trilogy and producer of the podcast of the same name. --------------------------------------------------------------------- --- Send in a voice message: https://anchor.fm/karleigh-bon/message

In this episode we answer emails from Mitchell, Alexi (Dude!), Brian and Daniel.  We discuss how to identify similar funds for tax loss harvesting, concentrations and "bad decades", leveraged ETFs in accumulation, using risk-parity portfolios for intermediate accumulations, and withdrawing in retirement from a Golden Butterfly portfolio. 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:Portfolio Visualizer Asset Correlation Tool:  Asset Correlations (portfoliovisualizer.com)PHYS ETF page and description:  PHYS Keep More of What You Earn (sprott.com)Ben Felix Video About Leverage:  Investing With Leverage (Borrowing to Invest, Leveraged ETFs) - YouTubeOptimized Portfolio website:  Optimized Portfolio - Investing and Personal Finance"Buffett's Alpha" White Paper:  Buffett's Alpha (tandfonline.com)Support the show (https://www.riskparityradio.com/support)

In this episode we begin with a rant about a Think Advisor article about what financial services is all about -- the PARTY CIRCUIT.  And the we address emails from the Nameless One, Kyu, Brian and Eric.  We discuss the original Permanent Portfolio and modifications to the Golden Butterfly portfolio, the tax feature of the Portfolio Visualizer Monte Carlo simulator, efficient allocations in taxable, tax-deferred and tax protected accounts, considerations surrounding expected returns of asset classes and the problems with cash drags in portfolio construction, and the BITW fund and alternatives.Links:Think Advisor article:  How Advisors Do the Party Circuit | ThinkAdvisor"Nimble Golden Butterfly" modifications:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Risk Parity Radio Tutorial Video re Portfolio Visualizer Monte Carlo Simulator:  Tutorial #4: Portfolio Visualizer Monte Carlo Simulator -- Introduction - YouTubeSupport the show (https://www.riskparityradio.com/support)

In this episode we address emails from Julie T., Julie H. Jeff and Colin.  We discuss the automated trading platform Composer, places to learn about crypto and NFTs, the growth factor in equities, the fund PRWCX, a modified Golden Butterfly portfolio, and using ABLE accounts for the "family match".And THEN we scar you with our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional links:The Composer website:  Composer – Automated trading platform.Modern Finance podcast:  Modern Finance – MoFiProof podcast re NFTs:  PROOFBitcoin Fundamentals podcast:  Bitcoin Fundamentals: A Podcast on Bitcoin - The Investor's Podcast Network (theinvestorspodcast.com)Portfolio Visualizer Growth Fund/Total Stock Fund Correlations:  Asset Correlations (portfoliovisualizer.com)PRWCX vs. Golden Ratio:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Colin's Modified Golden Butterfly:   Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Support the show (https://www.riskparityradio.com/support)

How to build a core-satellite investment portfolio A popular approach to investing is to construct a core portfolio of long-term investments. But what investments should go into this core? We consider the case for stocks, bonds, cash and gold, and how they complement each other. We also discuss what to look for in an index fund, when to rebalance and what risks are involved in long-term investing. In the Dumb Question of the Week, we ask who actually decides what companies are included in the S&P 500 index? Episode topics 00:00 - Introduction 00:42 - Core portfolio 37:04 - Dumb question of the Week: Who decides what companies are in the S&P 500? Selected links https://dqydj.com/sp-500-return-calculator/ (S&P 500 return calculator) https://larrybates.ca/t-rex-score/ (T-Rex score) https://portfoliocharts.com/portfolio/golden-butterfly/ (Golden Butterfly portfolio) Get in touch

In this episode we address emails from Patreon Patron Dominic, Javier, Sebastien, David and Ed.  We discuss allocating a Golden Butterfly - style portfolio, an application of the Macro-Allocation principle to an accumulation portfolio, a potential gambling problem involving leveraged funds, the psychology of avoiding foolish consistencies and the financial media, and applications of the Monte Carlo simulator and Portfolio Visualizer and the calculators at Portfolio Charts to small cap value based portfolios.Links:Portfolio Visualizer Monte Carlo #1 (small cap value):  Monte Carlo Simulation #1 (portfoliovisualizer.com)Portfolio Visualizer Monte Carlo #2 (diversified portfolio):  https://tinyurl.com/2cjfu5vrPortfolio Visualizer Monte Carlo #3 (de-leveraged small cap value):  https://tinyurl.com/2p89vxpnPortfolio Charts:  MY PORTFOLIO – Portfolio ChartsSupport the show (https://www.riskparityradio.com/support)

In this episode we answer emails from Christer, Craig and Scott.  We discuss synthetically modelling SWAN on Portfolio Visualizer, how using the MAR metric (and others) reveals superior performance for risk-parity-style portfolios, how NOT to predict future treasury bond rates in the context of the Golden Butterfly portfolio, and the foolish consistencies and nonsensical ravings of those who attempt such things.And THEN we our go through our weekly and monthly (and a bit of annual) portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Comparison of Synthetic SWAN Models:  SWAN Backtest Portfolio Asset Allocation (portfoliovisualizer.com)Craig's Article About The MAR Metric:  How to Set achievable CAGR & Drawdown targets for stock portfolio (enlightenedstocktrading.com)Comparison of VWENX and Sample Golden Ratio Portfolios:  Backtest VWENX Vs. Golden Ratio Asset Allocations (portfoliovisualizer.com)Additional Sample Leverage Portfolio On M1:  Levered Risk Parity Pie | M1 FinanceSupport the show (https://www.riskparityradio.com/support)

In this episode we answer emails from Paul, Mike, Brett, Yarrow and Peter.  We discuss a Levered All Seasons Portfolio, an investment in BIP, closed-end funds and issues with GAA.  We also address Peter's issues with trying to buy a Risk Parity Radio NFT.Links:  Optimized Portfolio Article about the Levered All Seasons:  Ray Dalio All Weather Portfolio Review, ETF's, & Leverage (optimizedportfolio.com)Paul's Levered All Weather M1 Pie:  Paul's Portfolio | M1 FinanceCorrelation Analysis for BIP:   Asset Correlations (portfoliovisualizer.com) Golden Ratio Portfolio using BIP:  BGR Portfolio With BIP (portfoliovisualizer.com)Correlation Analysis for GAA Components:  Asset Correlations (portfoliovisualizer.com)GAA vs. Golden Butterfly and Golden Ratio:  

In this episode we answer four emails from Dave, or Zanzibar Buck-Buck McFate if you prefer.  We address foolish consistencies and conflicts of interest, the reason we have sample portfolios, interest rate hysteria and Vanguard's VPGDX fund.  And then we go to our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity RadioAdditional Links:Contents of VPGDX:  VPGDX - Vanguard Managed Allocation Fund | VanguardAnalysis if VPGDX vs. Golden Butterfly vs. Golden Ratio:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)

In this episode we answer questions from Greg, David, Chris, Rikki and John-Michael.  We discuss the "Weird Portfolio", do a Vanguard Life-Strategy Funds comparison, using a risk-parity style portfolio for intermediate needs, alternative allocations and related tax issues, treasury bonds, emerging markets funds and tax-advantaged transactions, and the Experimental Risk Parity Lever portfolio at ChooseFI and M1.Links:Weird Portfolio Article:  The Weird Portfolio. How To Avoid Bubbles, Limit Drawdowns… | by Value Stock GeekWeird Portfolio vs. Golden Butterfly vs. Golden Ratio comparison:  Backtest Weird Portfolio Vanguard Moderate Life Strategy vs. Golden Butterfly vs. Golden Ratio comparison:  Backtest Vanguard Moderate Life Strategy Episode 27 re Utility Funds:  Podcast 27 Episode 9 re Preferred Shares Fund PFF:  Podcast 9 Episode 31 re RPAR:  Podcast 31 Optimized Portfolios Article re Leveraged ETFs:  What Is a Leveraged ETF . . .?Experimental Risk Parity Lever M1 Pie:  https://www.choosefi.com/vasquez-exp-risk-parity

In this episode we answer emails from Keith, Jeffrey, Evan, Brendan, Kelly and Paul.  We address Kelly Criterion and other risk/reward considerations (Sharpe and Sortino ratios), crystal balls, the "Possibility Effect" cognitive bias and a base-rate analysis of the Golden Butterfly portfolio, issues with IVOL, trading ETFs at Vanguard, the perpetual withdrawal rate, expense ratios and bucket strategies, basic retirement considerations, issues with QYLD  and an examination of Big Ern's leveraged retirement portfolios.It's another barn burner!   Real Wrath of God type stuff!Links:Kelly Criterion article:  Leverage and The Line Between Aggressive and Crazy (rhsfinancial.com)Golden Butterfly analysis with Heat Map:  Golden Butterfly – Portfolio ChartsEpisode 89 re QYLD:  Podcast Episode 89 | Risk Parity RadioBig Ern Article Re Leveraged Portfolios:  Lower risk through leverage – Early Retirement NowBig Ern Article Re Gold In Portfolios:  Using Gold as a Hedge against Sequence Risk – SWR Series Part 34 – Early Retirement NowEpisode 40 Re Gold:  Podcast Episode 40 | Risk Parity RadioPortfolio Analysis Comparison Of Big Ern Leveraged Portfolio With And Without Gold:  Backtest Portfolio Asset Allocation (portfoliovisualizer.com)The SWAN ETF:  SWAN - BlackSwan Growth & Treasury Core ETF - Amplify ETFs

https://www.goldenbutterflystudios.com/ Alek's email: alek.gbs at gmail dot com

In this episode we thank Mathew G for his support, answer emails from EJ, Greg, Nathan, Scott and David and do our weekly portfolio reviews of the sample portfolios you can find at Portfolios | Risk Parity Radio.  We discuss EDV, alternatives to gold in the Golden Butterfly, my investing history, accumulation portfolios and the portfolio shift at retirement.Errata:  I said "1.5%" when I meant "1.5 times" in the discussion of EDV and TLT and the insurance ETF mentioned is KBWP.Additional links:The Father McKenna Center:  Home - Father McKenna CenterSample Portfolios at Portfolio Charts:  Portfolios – Portfolio ChartsMichael Kitces Phases of Investing Article:   The Four Phases Of Saving For Retirement (kitces.com)Morningstar Diversification Landscape Report:  Diversification_Landscape_033021v2.pdf (morningstar.com)

Strengthen your spiritual connection with God. Join me as I talk with author Gina Casey about her book "The Golden Butterfly."

Oggi puntata bella ricca sul mio lazy portafolio, una versione modificata del Golden Butterfly. Puoi vedere l'andamento sul mio sito, https://sites.google.com/view/save-and-growth/my-golden-butterfly Visita il mio sito https://sites.google.com/view/save-and-growth/home-page Se ti piace ascoltarmi, valuta la possibilità di offrirmi un caffè

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also compare the Golden Butterfly portfolio with a David Swensen portfolio. For more on the Golden Butterfly, check out Episodes 4, 15, 17 and 36.Links:Swensen Portfolio: https://portfoliocharts.com/portfolio/swensen-portfolio/Comparison Analysis: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=true&portfolioName1=Golden+Butterfly&portfolioName2=Swenson+Individual&portfolioName3=Portfolio+3&symbol1=VTI&allocation1_1=20&allocation1_2=30&symbol2=IJS&allocation2_1=20&symbol3=TLT&allocation3_1=20&symbol4=SHY&allocation4_1=20&symbol5=GLD&allocation5_1=20&symbol6=VGTSX&allocation6_2=15&symbol7=VEIEX&allocation7_2=5&symbol8=VNQ&allocation8_2=20&symbol9=IEF&allocation9_2=15&symbol10=TIP&allocation10_2=15

In today's listener-inspired show, we analyze our sample portfolios and listener Mark B's Golden Six portfolio in the ten-year hedge fund challenge that Warren Buffett issued in 2008.Links:The Investors Podcast #328 with RPAR Managers: https://www.theinvestorspodcast.com/episodes/tip328-balanced-portfolio-allocation-with-damien-bisserier-alex-shahidi/Optimized Portfolios Lazy Portfolio Analyses: https://www.optimizedportfolio.com/lazy-portfolios/Analysis of Golden Butterfly, Golden Ratio and Golden Six: https://tinyurl.com/y9a33xq5Analysis of Risk Parity Ultimate and All Seasons: https://tinyurl.com/yaj8qfesAnalysis of Accelerated Permanent Portfolio and Aggressive Fifty-Fifty: https://tinyurl.com/y9q68qpk

In this portfolio analysis bonanza episode we tweak the Paul Merriman Two Funds for Life and Merriman Ultimate Portfolios to improve them Risk-Parity style and have a look at a portfolio submitted by Brad, one of our listeners.Links:Earn & Invest Podcast featuring Paul Merriman and Rich Buck: https://paulmerriman.com/tag/rich-buck/Merriman Two-Funds For Life Portfolio Explanation: https://paulmerriman.com/2-funds-for-life/Merriman Ultimate TDF Portfolio: https://paulmerriman.com/the-ultimate-target-date-fund-portfolio/Merriman Google Sheet re Portfolio Glidepaths: https://docs.google.com/spreadsheets/d/1oNtsaWWXexQj30_sxEGBI08kCnrdzVdWg3dITu3ZSc8/edit#gid=0Portfolio Visualizer Analysis of Two Funds For Life at 65 vs. Risk Parity Alternative: https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=1972&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&portfolioNames=true&portfolioName1=Two+Funds+For+Life+at+65&portfolioName2=Risk+Parity+Alternative&portfolioName3=Portfolio+3&asset1=TotalStockMarket&allocation1_1=30&allocation1_2=30&asset2=IntlStockMarket&allocation2_1=20&allocation2_2=20&asset3=TotalBond&allocation3_1=30&asset4=GlobalBond&allocation4_1=10&asset5=TIPS&allocation5_1=10&asset6=LongTreasury&allocation6_2=30&asset7=Gold&allocation7_2=15&asset8=TreasuryBills&allocation8_2=5Portfolio Visualizer Analysis of Ultimate Glidepath vs. Risk Parity Alternative: https://tinyurl.com/ycpfeazqPortfolio Visualizer Analysis of Brad's Portfolio vs. Golden Butterfly: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&portfolioNames=true&portfolioName1=Golden+Butterfly&portfolioName2=Brad%27s+Alternative&portfolioName3=Portfolio+3&symbol1=VTI&allocation1_1=20&symbol2=IJS&allocation2_1=20&symbol3=GLD&allocation3_1=20&allocation3_2=20&symbol4=TLT&allocation4_1=20&allocation4_2=20&symbol5=SHY&allocation5_1=20&symbol6=XLY&allocation6_2=20&symbol7=VGT&allocation7_2=20&symbol8=IEF&allocation8_2=20

When 80% of "financial advisors" are barely making a living, there is huge incentive to sell at any cost to make their commission goal. Don shares his experience as a stock broker and compares it to the ethical quandary many stockbrokers still face today.Plus, he answers questions about:The best rebalancing strategyThe value of risk parity investing. 

This is our weekly portfolio review of the portfolios you can find at https://www.riskparityradio.com/portfoliosThe Portfolio of the Week is the Golden Butterfly, which you can learn more about here:https://portfoliocharts.com/2015/09/22/catching-a-golden-butterfly/We compare the Golden Butterfly Portfolio with the Rick Ferri Core Four at Portfolio Visualizer. Link to analysis:https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=2&startYear=1972&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=0.2&relativeDeviation=20.0&portfolioNames=true&portfolioName1=Golden+Butterfly&portfolioName2=Rick+Ferri+Core+Four&portfolioName3=Portfolio+3&asset1=TotalStockMarket&allocation1_1=20&allocation1_2=48&asset2=LargeCapGrowth&asset3=SmallCapValue&allocation3_1=20&asset4=LongTreasury&allocation4_1=20&asset5=Gold&allocation5_1=20&asset6=REIT&allocation6_1=0&allocation6_2=8&asset7=IntermediateTreasury&allocation7_1=0&allocation7_2=20&asset8=ShortTreasury&allocation8_1=20&asset9=IntlStockMarket&allocation9_2=24&asset10=TreasuryBills

This is our weekly portfolio review of the portfolios you can find at https://www.riskparityradio.com/portfoliosWe also compare the Golden Butterfly Portfolio with a Boglehead's Three-Fund Portfolio using the tools at Portfolio Visualizer. Here is a link to that analysis: https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=1972&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&asset1=Gold&allocation1_1=20&asset2=LargeCapGrowth&asset3=SmallCapValue&allocation3_1=20&asset4=LargeCapBlend&asset5=LongTreasury&allocation5_1=20&asset6=TotalBond&asset7=TreasuryBills&asset8=TotalStockMarket&allocation8_1=20&allocation8_2=40&asset9=Commodities&asset10=TotalBond&allocation10_2=40&asset11=ShortTreasury&allocation11_1=20&asset12=IntlStockMarket&allocation12_2=20&asset13=IntermediateTreasuryFor reference, the Golden Butterfly Portfolio is the brainchild of Tyler, the founder and operator of the website www.portfoliocharts.com. It is a conservative portfolio and is comprised of four asset classes in five funds that are equally weighted: 20% total U.S. stock market (VTI), 20% small cap value stocks (VIOV), 20% long-term treasury bonds (TLT), 20% short term treasury bonds (SHY) and 20% gold (GLDM). Since 1970, it has a compounded annual growth rate (after inflation) of 6.4%, and an expected permanent safe withdrawal rate of 5.3%.

This is our weekly portfolio review of the portfolios you can find at https://www.riskparityradio.com/portfoliosWe also discuss the Golden Butterfly Portfolio in depth. Links to more information about the Golden Butterfly and the theory behind it:https://portfoliocharts.com/2015/09/22/catching-a-golden-butterfly/https://portfoliocharts.com/2016/04/18/the-theory-behind-the-golden-butterfly/

In this episode we review the initial performance of our six sample risk-parity style portfolios, which are: (1) the All Seasons portfolio; (2) the Golden Butterfly portfolio; (3) the Golden Ratio portfolio; (4) the Risk Parity Ultimate portfolio; (5) the Accelerated Permanent Portfolio; and (6) the Aggressive Fifty-Fifty. After that, we discuss the All Seasons portfolio in more detail. Additional information and the referenced data may be found at https://www.riskparityradio.com/portfolios

What are the three primary ways to allocate assets and build a portfolio when saving for retirement or living in retirement.Topics covered include:How saving for retirement and living in retirement differ.What are the expected return and risk of the Permanent, Golden Butterfly, and All Season portfolios.What are the pros and cons of a role-based permanent portfolio.What are the pros and cons of a strategic portfolio mix, such as the Bogleheads Three Fund PortfolioWhat are the pros and cons of an adaptive asset garden portfolio.Thanks to NetSuite and The Great Courses Plus for sponsoring the episode.For show notes and more information on this episode click here.

Today we’re taking a look at how the Golden Butterfly has performed in the recent market correction compared to other investment strategies. We will be looking at The Golden Butterfly, The All Weather Portfolio; and Vanguard’s Total Stock Index and we’re going to compare each portfolio by pretending you had $100,000 perfectly allocated in each strategy as of October 2, 2019 (before COVID-19) and compare it to the portfolio’s value as of April 1, 2020 (6 months later). Show Notes Rental Properties for Passive Investors- An LMM course on our proven, data-driven approach to building a portfolio of income-producing rental properties that perform in the long-term. Use this link to get $50 off the course. Portfoliocharts.com - Portfolio Charts explores practical worldwide index investing strategies using intuitive charts and real-world examples that look beyond the raw numbers Learn more about your ad choices. Visit megaphone.fm/adchoices

If you are interested in personal finance, you’ve probably heard the term timing the market. There is some debate about whether market timing is a good investment strategy or something impossible, or nearly impossible to do. You probably can't time the market. Unless you’re Warren Buffett which you are not. Even if you’re just a casual observer of economic news, you hear a lot of questions about what’s happening with the stock market or the housing market. These questions create a lot of speculation, but what should the average investor which most of us are, should be doing with our investments based on all of this speculation and crystal ball gazing? By not timing the market are we losing out on price movements that could net us significant market returns? If we’re on the brink of another Great Recession does the buy and hold strategy that LMM has been preaching from the beginning still stand? Should we stick to our index fund or should we all become day traders? It’s enough to make even the soberest long-term investors second guess themselves. We’ve attempted to address some of these issues with our Golden Butterfly, Recession Fire Drill and Investing in the Age of Anxiety episodes. But those episodes have generated some additional questions from listeners about investment decisions and timing the market. We’ll tackle those questions for you. Full Article Here Show Notes Alien Church: A New England style IPA. Cheap Cologne: Matt's own Kolsch. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some people who are hesitant to invest in the stock market are willing to invest in gold. Why? Gold is tangible, you can see it, hold it, and keep it right in your own house (or bunker). You can buy it from some guy in a late night infomercial. You can buy it with images of the fallen Twin Towers on it. Or an American eagle. You can’t say any of that about investing in the stock market! When you own stock, you don’t own a tangible thing. You have to deal with some slick stockbroker if you want to buy and sell it (you don’t). And stocks don’t come in a limited edition collector’s box. LMM hasn’t discussed gold very much in the past and like a lot of you, thought it was something only Doomsday preppers were interested in so not really relevant to us or our audience. But while doing research for the Golden Butterfly episode, we learned some legitimate reasons for investing in gold and none of them are related to the zombie apocalypse that is surely coming. Many of our listeners wanted to know more about it too, why and how to invest in gold. We got a lot of emails asking questions. You asked and we answered. This is all things gold. Full Article Here Show Notes Northwestern University CFP Program - Prepare for a career as a financial planner  Learn more about your ad choices. Visit megaphone.fm/adchoices

It's time for 5 questions about debt forgiveness, credit scores, and more Golden Butterfly. We got a ton of great questions lately, and the Golden Butterfly episode generated a lot of interest, so we wanted to dive a little deeper. We've been doing 5 questions episodes more regularly because we get so many great questions so keep sending them in! Full Article Here Show Notes Imperial Doughnut Break: Evil Twin Brewing. Canvas:Outer Range Brewing Company Learn more about your ad choices. Visit megaphone.fm/adchoices

!!!WARNING!!! Listener Discretion is Advised. This Podcast may contain childishly adult-like behavior. Join self-proclaimed experts of the Bachelor-verse Chelsea, Jet, and Frace as they impart their infinite BACHELOR wisdom unto all of those who are willing to listen. In this week's episode, the L&R Gang crushes two episodes in one. Suffice it to say, it gets HEATED in the studio! Strap-on (I mean strap in) as Frace and Jet engage in an intense disagreement over Cassie's true motives. After this epic showdown, we delve into the cackling, pick-a-little-talk-a-little world of Women Tell All (or as we lovingly call it...Whoa-Mental Lull). Also, L&R veterans Max and Natalie swing by the studio to offer some gems of their own! #anothershower #montage #blindsided #roserundown #fracefirst #datebreakdown #boobtape #blowyblowyeggsandblowy #hotpod #hesgone #tobecontinued #garyfrace #offpod #fashioncorner #garyfrace because I can’t let Gary go now!!! #chaching #giftofathistle #thereschrisharrison #jumpthefence #bouquetslapped #nailedit

A lot can happen over the decades. There will be recessions, bear markets, bull markets, political upheaval, possibly even depressions. What should we do with our money in each of these scenarios? Do we up-end our asset allocation every time some pundit is on CNBC screaming at us? Certainly not. One of the key components of our investment philosophy is to set it and forget it.  When you are constantly buying and selling based on the prevailing economic conditions, you’re practicing the exact opposite of set it and forget it investing. We need to create a portfolio that performs well in all conditions. Well, we don’t need to create this portfolio because someone has done it for us. And that someone is not just anyone. He happens to be Bridgewater Associates hedge fund manager Ray Dalio, one of history’s legendary investors. Ray Dalio created what is known as the All Weather Portfolio which contains the exact asset allocation you need to make money in any kind of economy. But Ray Dalio’s All Weather Portfolio has some competition, in the form of the Golden Butterfly Portfolio. LMM is a huge Ray Dalio fan. Can the Golden Butterfly best our boy? We love a good smackdown so we’ll breakdown the All Weather Portfolio and the Golden Butterfly Portfolio. May the best portfolio win. Full Article Here   Show Notes Philoso Raptor Jersey City Belgium Style Ale Double Dry Hopped Coriolis Effect New Zeland Style IPA Get Started Investing Betterment Learn more about your ad choices. Visit megaphone.fm/adchoices

Talking- Life with Thyroid Disease and The Golden Butterfly Journey Join co-hosts Danna & Tiffany as they talk with special guest, Celia Aily Carranza, author of the fabulous new book, The Golden Butterfly. Every caterpillar eventually turns into a butterfly. For nearly four decades, Celia crawled through life, filled with fears and insecurities. Finally, with the help she needed, she was able to nurture and heal—understanding that self-care does not mean being selfish—and released old fears and wounds one by one. This is the story of Celia Aily Carranza, the Golden Butterfly, and how she escaped a life of hell and is living Heaven on Earth This amazing episode brought to you by, ThriveProbiotic.com Memoir of her battleHer healing journeyPhysical causesEmotional causesFinding the real root causeImportance of healing that first It's going to be a wonderfully, informative, enlightening and magical show!! Join us! Also, please check the Radio Show Facebook Group, Hashi's & Graves. Information about that weeks' guest and support for those that need it. It's a great, informative group. Be prepared to feel empowered!

Welcome to the first episode of Land Sharks a sci-fi fantasy podcast! In this episode Grima, Druidella Blueletta, and Créch go to the Golden Butterfly a magical city to find more information about the mysterious De Danchi brothers. Tumblr: https://official-landshark.tumblr.com/ Twitter: https://twitter.com/landsharksoffi1 Email: landsharks.official@gmail.com

1968 was one of the most seismic years in recent history -- Vietnam, the Prague spring, Black Power at the Olympics and protests on the streets of Paris and London so this evening's programme -- Rana Mitter's extended interview with Tariq Ali -- is part commemoration, part reassessment. What remains of that turbulent time and where can we discern its features in our political landscape today? Rana takes Tariq back to his life as a boy in Lahore - a city where his radical parents regularly hosted the likes of Pakistan's great 20th century poet Faiz Ahmed Faiz and brings him via his first hand experience of wartime Vietnam and his intellectual engagement with the Russian revolution to the present where he offers assessments of the Labour leader, Jeremy Corbyn and the US President, Donald Trump. There's time too for a diversion into literature. Tariq shares his love of Kipling and in the longer version of the interview available as one of our Arts and Ideas podcasts - he reads from his novel Night of the Golden Butterfly featuring a character based on the painter, Tassaduq Sohail. Tariq Ali has chosen a mixtape for Radio 3's Late Junction broadcast this week. Producer: Zahid Warley

Ace and Ray talk to callers about painting on linoleum and how to hang heavy items from a thin wall. Plus, Adam and Ray get into a hilarious fight over Ray's radio instincts.

The Purrrcast is the cat podcast for you and your feline friends. Based in Los Angeles, hosts Sara Iyer and Steven Ray Morris chat with fellow cat enthusiasts about the furry little creatures they love. Not sure how the cats feel about it though. On episode FIFTY-SIX of The Purrrcast we get cozy with The Devastator's Geoffrey Golden. We chat with him about his cat Gilda aka Gilly and her ‘stories,' debate whether or not Larry David is a cat person, Geoffrey's dreaded cat power triangle, and the Juggalo Hive Mind. The Purrrcast, talking to cat people because we can't talk to their cats. New episodes every Wednesday! Please rate and subscribe in iTunes: thepurrrcast.com Email us! thepurrrcast@gmail.com If you shop on Amazon be sure to click this link and we'll get a small kickback. Thanks for the support: http://www.amazon.com?_encoding=UTF8&tag=thepurr-20 Follow Geoffrey Golden on Twitter: https://twitter.com/geoffreygolden Follow The Devastator on Twitter: https://twitter.com/GetDevastated Buy Dream It! Screw it!: http://amazon.com Check out Devastator Press: http://devastatorpress.com/ Check out the Two Packs A Week podcast: https://itunes.apple.com/us/podcast/id1082601040 Links of Interest: - The 3 types of cat butt wiggles - https://www.youtube.com/watch?v=SuWwsrQfkno - Dogs in an MRI scanner - http://www.npr.org/sections/health-shots/2016/09/08/492427552/how-a-dog-in-an-mri-scanner-is-like-your-grandma-at-a-disco - Ballet Zoom “Cats" - https://www.youtube.com/watch?v=HpVXIH24KzQ - The Internet's Shrek Obsession, Explained - http://kotaku.com/the-internets-shrek-obsession-explained-1785000967 - Buy Feline Pine litter on Amazon - http://amazon.com Follow The Purrrcast on Twitter: https://twitter.com/ThePurrrcast on Instagram: https://instagram.com/thepurrrcast/ on Tumblr: http://thepurrrcast.tumblr.com/ Please like us on Facebook: https://www.facebook.com/ThePurrrcast Follow Sara Iyer's cat Samba on Twitter: https://twitter.com/kittysamba Follow Sara Iyer on Instagram: https://instagram.com/saraiyer/ Check out Sara Iyer on Vimeo: https://vimeo.com/saraiyer Follow Steven Ray Morris on Twitter: https://twitter.com/StevenRayMorris Buy Steven's book on the Jurassic Park Franchise over at Thought Catalog: http://thoughtcatalog.com/book/molding-a-jurassic-universe/ Theme song by Anabot (Analise Nelson) and Dax Schaffer: http://www.anabotmusic.com/ https://daxschaffer.bandcamp.com/ Artwork by Jillian Yoffe: flatratstudio.com Part of the #HelloLionFace podcast network See omnystudio.com/listener for privacy information.

Welcome to Episode 8 of the April Eight Songs & Stories Podcast. Today’s story is “Thom Gnome, The Butterfly Adventurer” a great little tale for your kids at bedtime, bath time, car time, or anytime your family needs a story.  On today’s episode, I tell you the end of the tale of our friend Thom Gnome and his side-kick Brizbane the Conqueror and their search for the Golden Butterfly. I'm real sorry about ending the story right at the most exciting moment last time but... Subscribe today and never miss an episode! Website: http://www.aprileight.com Instagram: https://www.instagram.com/aprileightsongsandstories Newsletter Sign-up: http://eepurl.com/b9fh

Welcome to Episode 7 of the April Eight Songs & Stories Podcast. Today’s story is “Thom and the Dragon” a great little tale for your kids at bedtime, bath time, car time, or anytime your family needs a story. Well, our friend Thom Gnome started off on his journey to find the Golden Butterfly a few weeks ago. Since then, he has met a Trumpeter and avoided a band of dancing Goblins, but he is still searching. Today our hero, Thom, comes across something he never thought he would meet. A dragon! YIKES! Of course, with his friend Brizbane at his side, almost anything could happen... Subscribe today and never miss an episode! Website: http://www.aprileight.com Instagram: https://www.instagram.com/aprileightsongsandstories Newsletter Sign-up: http://eepurl.com/b9fh

Welcome to Episode 6 of the April Eight Songs & Stories Podcast. Today’s story is “Thom and the Goblins” a great little tale for your kids at bedtime, bath time, car time, or anytime your family needs a story.  Today our hero, a young gnome named Thom, meets a, uh, mighty friend who helps him on his way in search of the Golden Butterfly. He also comes across a party he would rather not go to. A Goblin Party! Oh my! Well, fortunately, with his new friend at his side, they end up okay, but those goblins, well, let's just say, they really like to dance. Subscribe today and never miss an episode! Website: http://www.aprileight.com Instagram: https://www.instagram.com/aprileightsongsandstories Newsletter Sign-up: http://eepurl.com/b9fh

Welcome to Episode 5 of the April Eight Songs & Stories Podcast. Today's story is "Thom and the Trumpeter" a great little tale for your kids at bedtime, bath time, car time, or anytime your family needs a story.  On today’s episode, I tell the story of “Thom and the Trumpeter”, the second story in a whole series called “The Butterfly Adventurer”. Today our hero, a gnome named Thom starts his real adventure, heading out of his village to see if he can find the Golden Butterfly. He comes across a big party and a shy snail, a grouchy opossum and a helper who may be more than she seems.... (The Butterfly Adventurer Series, story 2 of 5) Subscribe today and never miss an episode! Website: http://www.aprileight.com Instagram: https://www.instagram.com/aprileightsongsandstories Newsletter Sign-up: http://eepurl.com/b9fh

Welcome to Episode 4 of the April Eight Songs & Stories Podcast. On today’s episode, I tell the story of “Thom and the Golden Butterfly” a great little tale for your kids at bedtime, bath time, car time, or anytime your family needs a story. This is the first story in a whole series called "The Butterfly Adventurer". Today we meet our hero, a gnome named Thom and his family. Oh, and we meet the Pixie Peddler too. Do you remember him from the Jemi stories, particularly "Jemi and the Lost Crown"? Well, he is here too, and we get to know him a little better. I even sing you a song I wrote all about him called, "The Pixie Peddler". I hope you'll sing along with me! (The Butterfly Adventurer Series Story 1 of 5) Subscribe today and never miss an episode! Website: http://www.aprileight.com Instagram: https://www.instagram.com/aprileightsongsandstories Newsletter Sign-up: http://eepurl.com/b9fh