How to Manage a Second Investment Portfolio for Medium Term Needs

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My daughters, 19 and 22, already contribute to roth eyrace for retirement. Have expressed an interest in creating a second investment portfolio for medium term needs like first home purchases. This portfolio needs to have the potential to out perform a savings account or c d without significantly adding risk of loss. The golden butterfly or golden ratio portfolios are what i am lkely to encourage them to consider.

In this episode we answer emails from Micah, Steve and Keith. We discuss the limit on the usefulness of Sharpe and Sortino ratios, helping out Steve's daughters with building and managing a portfolio for medium-length goals and what else Uncle Frank says to guide his adult kids with ant brains and grasshopper brains and comparing actual performances with Portfolio Visualizer models.

Links:

Portfolio Visualizer comparison of short term treasuries and gold: Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)

PHYS ETF particulars: Sprott Physical Gold Trust

Walk For McKenna: Walk4McKenna - Father McKenna Center

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