Is There a Difference Between a Levered Portfolio and a Stock Market Portfolio?

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

NTSX and GDE are both leverage funds that involve stocks, bonds and gold collectively. I don't think they've been around long enough to say whether that would work one way or another. At this point, I would assume that it's probably not going to work any better than your standard 100% equity accumulation portfolio. If you wanted to experiment with something like that with a small amount of your money, there wouldn't be anything wrong with that.

In this episode we answer emails from Gregory, MyContactInfo, Ralphio and Spencer. We discuss the overriding currency speculation aspect of investing in non-U.S. funds, keeping things simple during accumulation, leveraged funds, some academic analyses of managed funds and what to make of it, how to identify the basic factors of given funds and the Shplendid aspects of MORE COWBELL.

Links:

Paul Merriman's "Best in Class" Fund Identification Page: Best-in-Class ETF Portfolios - Paul Merriman

Rational Reminder Leveraged Portfolios Video: Investing With Leverage (Borrowing to Invest, Leveraged ETFs) - YouTube

Rational Reminder Interview of Professors Berk and Binsbergen: Episode 220: Jonathan Berk and Jules van Binsbergen: The Arithmetic of Active Management, Revisited — Rational Reminder

Berk and Binsbergen 2014 Paper re Active Management: delivery.php (ssrn.com)

Rational Reminder Interview of Eduardo Repetto of Avantis: Episode 228: Eduardo Repetto: Deep Dive with Avantis Investors' CIO — Rational Reminder

Rick Ferri Interview of Eduardo Repetto of Avantis: Episode 43: Bogleheads on Investing – guest Eduardo Repetto, host Rick Ferri – Rick Ferri, CFA

Morningstar Analysis of IJR: IJR – Portfolio – iShares Core S&P Small-Cap ETF | Morningstar