Risk Parity Radio

In this episode we answer a question from listener Brett about the Aptus Defined Risk ETF and use David Stein's Ten Questions to Master Investing to analyze it, which are:1.  What is it?2.  Is it an investment, a speculation, or a gamble?3.  What is the upside?4.  What is the downside?5.  Who is on the other side of the trade?6.  What is the investment vehicle?7.  What does it take to be successful?8.  Who is getting a cut?9.  How does it impact your portfolio?10.  Should you invest?Additional Links:Referenced Insurance Policy Illustration:   https://photos.app.goo.gl/Bjf6u7Vyy8HZz4VF6DRSK Fact Sheet:  https://aptusetfs.com/wp-content/uploads/2021/01/DRSK-Fact-Sheet-Jan-2021.pdfDRSK Strategy Paper:  https://aptusetfs.com/wp-content/uploads/2020/09/Part-1-Sporadic-Asymmetry.pdfDRSK Semi-Annual Report:  https://aptusetfs.com/wp-content/uploads/2020/12/Aptus-10.31.20-Semi-Annual-Report-Web-Ready-Version-Public.pdfDRSK Correlation Matrix:  https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=DRSK%2C+VTI%2C+VUG%2C+VIOV%2C+TLT%2C+GLD%2C+VNQ%2C+PFF&timePeriod=2&tradingDays=60&months=36RPR Episode With Big ERN's Option Writing Strategy and Links:  RPR Episode 40Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosWe also discuss the distributions for the month of January and the last six months of distributions.Support the show

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/y9q68qpkSupport the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosAdditional Links:Introducing the Aggressive Fifty-Fifty Portfolio:  RPR Episode 10Episode 24 regarding the Aggressive Fifty-Fifty:  RPR Episode 24 Rebalancing the Aggressive Fifty-Fifty:  RPR Episode 32 Portfolio Visualizer Analysis:  Backtest Fifty-Fifty PortfoliosSupport the show

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=20Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosAdditional Links:Episode 3 -- History of Portfolio Allocations Part 1:  Episode 3Episode 5 -- History of Portfolio Allocations Part 2:  Episode 5Episode 8 -- Introducing the Accelerated Permanent Portfolio:  Episode 8Portfolio Visualizer Analysis:   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=6.0&relativeDeviation=0.0&showYield=false&reinvestDividends=true&benchmark=-1&benchmarkSymbol=VTI&portfolioNames=true&portfolioName1=Original+Permanent+Portfolio&portfolioName2=Accelerated+Permanent+Portfolio&portfolioName3=Portfolio+3&symbol1=UPRO&allocation1_2=25&symbol2=TMF&allocation2_2=27.5&symbol3=PFF&allocation3_2=25&symbol4=GLD&allocation4_1=25&allocation4_2=22.5&symbol5=VTI&allocation5_1=25&symbol6=TLT&allocation6_1=25&symbol7=CASHX&allocation7_1=25&symbol8=SHYSupport the show

In this episode we address a listener question from Joseph K. about Part 34 of Big ERN's SWR Series ("Using Gold as a Hedge against Sequence Risk"), which you can find here:https://earlyretirementnow.com/2020/01/08/gold-hedge-against-sequence-risk-swr-series-part-34/Additional Links:RPR Episode 12:  Podcast | Risk Parity RadioBig ERN's Option Writing Portfolio Strategy (Part 3):  https://earlyretirementnow.com/2019/03/27/passive-income-through-option-writing-part-3/Homestake Mining in the Great Depression:  https://www.caseyresearch.com/daily-dispatch/gold-stocks-depression/Support the show

This is our weekly portfolio review of the portfolios you can find at: https://www.riskparityradio.com/portfoliosAdditional links:Choose FI Episode 275:  https://www.choosefi.com/board-games-and-war-games-ep-275/Choose FI Episode 277:  https://www.choosefi.com/gauging-the-weight-of-your-portfolio-ep-277/Choose FI Episode 194:  https://www.choosefi.com/the-role-of-bonds-in-a-portfolio/Risk Parity Radio Bonds Part 1:   Podcast | Risk Parity RadioRisk Parity Radio Bonds Part 2:  Podcast | Risk Parity RadioComparative Analysis of the Risk Parity Ultimate Portfolio Against A Rick Ferri Core Four:  https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=0.0&showYield=true&reinvestDividends=true&portfolioNames=true&portfolioName1=Risk+Parity+Ultimate&portfolioName2=Rick+Ferri+Core+Four&portfolioName3=Portfolio+3&allocation1_1=0&allocation1_3=0&symbol2=VUG&allocation2_1=12.5&allocation2_3=0&symbol3=VIOV&allocation3_1=12.5&allocation3_3=0&symbol4=VOO&allocation4_1=12.5&allocation4_3=0&symbol5=EDV&allocation5_1=5&symbol6=TLT&allocation6_1=15&allocation6_3=0&symbol7=GLD&allocation7_1=10&symbol8=VNQ&allocation8_1=5&allocation8_2=8&allocation8_3=0&symbol9=VNQI&allocation9_1=5&allocation9_3=0&symbol10=VIXY&allocation10_1=2.5&symbol11=PFF&allocation11_1=12.5&symbol12=UPRO&allocation12_1=2.5&symbol13=CASHX&allocation13_1=0&symbol14=TMF&allocation14_1=5&symbol15=VTI&allocation15_2=48&symbol16=VXUS&allocation16_2=24&symbol17=IEF&allocation17_2=20Support the show

This is our weekly and monthly portfolio reviews of the portfolios you can find at: https://www.riskparityradio.com/portfoliosAdditional Links:RPR Episode 6 -- About The Golden Ratio Portfolio:  Podcast | Risk Parity RadioRick Ferri Core Four Portfolio Reference:   https://portfoliocharts.com/portfolio/rick-ferri-core-four/Comparison Analysis of GolderRatio vs. Rick Ferri Core Four:   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=Rick+Ferri+Core+Four&portfolioName2=Golden+Ratio&asset1=TotalStockMarket&allocation1_1=48&allocation1_2=14&asset2=LargeCapGrowth&allocation2_2=14&asset3=SmallCapValue&allocation3_2=14&asset4=LongTreasury&allocation4_2=26&asset5=Gold&allocation5_2=16&asset6=REIT&allocation6_1=8&allocation6_2=10&asset7=IntermediateTreasury&allocation7_1=20&allocation7_2=0&asset8=ShortTreasury&asset9=IntlStockMarket&allocation9_1=24&allocation9_2=0&asset10=TreasuryBills&allocation10_2=6Support the show

This episode is a follow-up to Episode 7 about our basic principles of risk-parity portfolio construction, which are: (1) the Holy Grail Principle; (2) the Macro-Allocation Principle; and (3) the Simplicity Principle.  Links:Episode 7:  Risk Parity Radio Episode 7Optimal Finance Daily Episode 1361:  https://oldpodcast.com/1361-annualized-returns-by-asset-class-from-1999-2018-by-sam-of-financial-samurai-on-reits-gold-investments/Bigger Pockets Money Episode 153:  https://www.biggerpockets.com/blog/biggerpockets-money-podcast-153-bill-bengenEarn & Invest Podcast November 30, 2020:  https://www.earnandinvest.com/episodes-2/supercharge-your-retirement-and-make-millions-moreSupport the show