The Leveraged Portfolio: How to Balance Your Portfolio

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The accelerated permanent portfolio is 27.5% of a levered bond fund TMF, 25% of a Levered stock fund UPRO and 22.5% in Gold GLDM. It's up 9.3% year to date, but down 16.69% since inception in July 2020. We're taking $35 out of this from cash for August. Next one is the aggressive 5050, basically half stocks and half bonds. The remaining 5% divided into a volatility fund, any Bitcoin fund, it was down 2.57% for the week. All in all an ugly week, but we can't have positive returns every week now, can we? But now I see

In this episode we answer an email from Judy. We discuss a 2013 Michael Kitces article about risk parity, which aspects we have incorporated and which we have not (and why), and then talk about an interview of William Bernstein about his new book and some related thoughts and ramifications about bonds, crystal balls, annuities and other things. (Note: I think I said it was the 4th edition, but its really just the 2d.)

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:

2013 Michael Kitces Risk Parity Article: Microsoft Word - Kitces Report November-December 2013 - RISK PARITY - FINAL

Morningstar Long View Interview of William Bernstein: Bill Bernstein: Revisiting The Four Pillars of Investing | Morningstar

Morningstar Long View Interview of Aswath Damodaran: Aswath Damodaran: A Valuation Expert’s Take on Inflation, Stock Buybacks, ESG, and More | Morningstar

Factor Investing Book: Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today by Andrew L Berkin | Goodreads

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