Q&A for White Coat Investors Conference

March 1 through March 4, I attended the White Coat Investor Conference (WCICON 2023).  On the 2nd, I made a 2 hour presentation focused on "How to Create and Execute a Lifetime Investment Strategy".  I was thrilled with the turnout and positive feedback.  I also received many questions in the following days.  The following are some of the many questions.  More to come in the future.  It was a wonderful conference.  I want to thank Katie and Jim Dahle for putting on one of the best conferences I have ever attended.

Here are the questions addressed on this podcast:

3:40   1.  Why do value companies make more money than growth companies?  The answer includes comments from a 1997 article by Eugene Fama and Kenneth French.  Rethinking Stock Returns
https://www.chicagobooth.edu/review/rethinking-stock-returns

14:55  2.  How much small cap value should I add to my target date fund?

19:30  3.  How much small cap value should I combine with my Vanguard Total Market Fund?  In this article Table B14A is referenced.  https://paulmerriman.com/wp-content/uploads/2022/04/SCV-vs-SP500-Fine-Tuning-Table-2022-v0.2.pdf

22:19  4.  What is the difference between the expected long term returns of the S&P 500 (VOO) and the Total Stock Market (VTI)?
25:40  5.  There are a lot of different small cap value funds.  Which one do you recommend at Vanguard?

28:45  6.  Should I put small cap value in my taxable, Roth IRA or 401k?  Larry Swedroe’s, “Your Complete Guide to a Successful & Secure Retirement” is recommended as  a great source of important investment advice. 

33:25  7.  What do you think of being all equity all the time?  I mean for the rest of my life.

38:54  8.  I’m 38 and a fairly aggressive investor.  I want to build a do it yourself custom target date fund.
While I did not mention our custom ETF Allocation Calculator listeners should check it out. https://paulmerriman.com/custom-etf-allocation-calculator/

45:55  9.  You have portfolios that are all small cap value and another that is a combination of small and large cap value.  The returns for all small cap value are almost one percent higher.  Why not just use an all small cap value portfolio?  Sound Investing Quilt Charts

 
49:30  10.  What strategy would you recommend with 5 to 7 years until retirement?

More of the WCI questions will be answered in the coming weeks.