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Sound Investing

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Apr 2, 2025 • 1h

Bootcamp #7 Flexible Distributions

If a retired investor has the ability to use a flexible distribution strategy it will likely produce one of the best financial outcomes in retirement.Before discussing flexible distributions Paul lists the reasons he believes that 99% of successful long term depends on defensive steps. After listing 18 defensive decisions he explains why flexible distributions are better than fixed distributions for those who have over said.The presentation includes 16 distribution tables that can be found in this pdf for the presentation. In each case Paul compares the difference in returns and risk between the fixed and flexible distribution strategies. The discussion compares returns and total distributions for two of the 9 sound investing portfolios: one using the S&P 500 and the other the U.S. 2 Fund Portfolio (50/50 S&P 500Small Cap Value).Other links noted in the presentation:Sound Investing Portfolios
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Mar 26, 2025 • 47min

Boot Camp #6 Fixed Distributions 2025 Update

The move from the accumulation to distribution period of an investors lifetime includes some very important decisions.What asset allocation between equities and fixed income?What combination of equity asset classes in the equity portion, as well as fixed income asset classes?What amount of distribution will be made annually?Will the payments be monthly, quarterly or annually?Will payments be adjusted for inflation and how often?Will the distributions be based on a fixed distribution with regular adjustments for inflation (the topic in this presentation) or on a flexible basis (the topic of the next segment)?In this podcast Paul uses 15 slides to address the questions above. It is recommended the viewer print out the ⁠PP presentation  to make it easier to follow the numbers.Many may find it is easier to follow the information on Paul’s video⁠ on the same topic.If you have questions about the presentation please leave comment or question in the comment section of the video  or email ⁠paul@paulmerriman.com⁠.  For those sending an email please let us know the topic of the Boot Camp presentation.
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Mar 19, 2025 • 1h 6min

Bootcamp #5 Fixed Contributions Update 2025

Watch video hereYoung and first time investors have to address a number of monumental decisions.  How much money to save for the futureHow much they should invest in equities and bonds How much of the equities should be in large, small, value, growth, U.S. and international asset classesHow much to increase the investment each yearThis podcast/video helps the investor address those decisions.  For those listening to the podcast here is a link to the pdf of all of the tables referenced in the presentation.  He only focuses on a handful of tables but here is a link for those who want to review the entire set of tables.Paul discusses the accumulation process from the viewpoint of an investor as well as a small business owner.  If you have questions please send them to paul@paulmerriman.com or leave them in the comment section below.  
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Mar 12, 2025 • 50min

Bootcamp #4- Fine Tuning Your Asset Allocation 2025 Update

This session dives into the nuances of asset allocation, examining the crucial balance between stocks and bonds. Discover how risk and return vary with different investment percentages. A useful table showcases combinations of S&P 500 and small-cap value. Personalization takes center stage as the discussion emphasizes adapting investment strategies to match individual goals. Plus, get a sneak peek at an upcoming boot camp that will tackle fixed contributions and leverage community insights and AI tools for enhanced investment understanding.
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Mar 5, 2025 • 1h 11min

Bootcamp #9 - Best-in-Class ETF Recommendations

Watch Video hereChris Pedersen updates his recommendations and describes his selection process in an interactive presentation with Paul and Daryl along for the ride.This "Best In Class ETFs Recommendations" presentation is the 9th in the Boot Camp Series.  (We have not completed some of the earlier presentations due to the high interest in Chris' Best In Class Recommendations).The focus of each the Boot Camp presentation is to help investors make the best of what we consider to be  the biggest long term decisions they will make. Of course we cannot know the ETFs that will produce the highest returns but we can measure the likely impact of the factors that Chris discusses during his presentation.On behalf of all of the people who find this work helpful, as well as Daryl Bahls and myself, I want to thank Chris Pedersen for all he has done to help us understand the potential long term advantage of his analysis.  It is our hope that his work will give investors  the confidence and commitment to “stay the course" in the normal ups and downs of the market.00:00:00 - Intro00:07:15 - Changes00:12:31 - Factor Basics00:18:00 - Selection Criteria00:20:21 -- Quantifying Differences00:24:32 -- Comparing in an Asset Class00:31:10 -- More than just numbers00:32:12 -- BIC ETFs on Website00:33:05 -- US Large Cap Blend00:34:33 -- US Large Cap Value00:37:40 -- US Small Cap Blend00:42:30 -- Int'l Large Cap Value00:43:30 -- Int'l Small Cap Blend00:44:15 -- Em. Mkts Small Cap Blend00:44:50 -- Portfolio Configurator00:46:25 -- Roboadvisor ETFs00:51:06 -- Versus Russell 2,000?00:54:00 -- Avantis & DFA Advantage01:03:36 -- Analysis Timeframes01:04:44 -- Closing RemarksLinks:Best-in-Class ETF Recommendations PagePortfolio ConfiguratorSound Investing Portfolios Bootcamp Page
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Feb 26, 2025 • 1h 13min

The Biggest Decision of All: Stocks vs. Bonds

The 2024 numbers are finally in and we have produced the #1 investment decision in the  Bootcamp series. There is no question that the biggest lifetime decision an investor makes is the choice between the safety of bonds and the potential long term growth of stocks.  Here is a⁠ link⁠ to the pdf of the set of slides Paul uses in the presentation.  The presentation includes the ⁠updated 1, 15 and 40 year returns tables ⁠ along with the  ⁠quilt charts for the 1928 to 2024 period⁠.Our thanks to  Daryl Bahls who has put together most of the tables in the Bootcamp series.If you have questions please send them to ⁠paul@paulmerriman.com⁠.  Please put  Bootcamp #1 in the subject line. Watch video here.
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Feb 19, 2025 • 49min

The Good, Bad, Ugly and Average Risk and Returns of Small Cap Value, S&P 500 and 2 and 4 Fund Portfolios

The purpose of this podcast/video is to help investors understand the likely risk and return parameters of small cap value, S&P 500, 2 Fund Portfolio (50% each SCV/S&P) and 4 Fund Portfolio (25% each SCV/S&P/SCB/LCV).  In each case the best, worst, and average 1, 2, 3,  5, 10. 15, 20, 25, 30, 35, 40 year returns are listed.The following tables are discussed:S&P 500 Historical Risk and Return US SCV Index Portfolio Historical Risk and Return US 2 Fund Index Portfolio Historical Risk and Return US 4 Fund Index Portfolio Historical Risk and Return Also the risk and return page from the Sound Portfolios  is referenced. 
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Feb 12, 2025 • 41min

Bootcamp #2 The Ultimate Buy and Hold Portfolio: Update 2025

This is the second presentation in the Boot Camp Series.Click for video.The first presentation (Stocks Vs. Bonds) will be available in the next two weeks.This presentation makes the case for diversifying a portfolio using multiple equity asset classes.Paul uses 4 set of tables to make his case:A1a:Ultimate Buy & Hold Equity Portfolio (50% US/50% Int'l) A2a:Alternative Equity Portfolio Tables (50% US/50% Int'l)A1b:Ultimate Buy & Hold Equity Portfolio (70% US/30% Int'l)A-2b: Alternative Equity Portfolio Tables (70% US/30% Int'l)Paul also mentions the recent video/podcast that addresses the Sound Investing Portfolios.https://www.youtube.com/watch?v=XGv0ZdZ8adkhttps://www.paulmerriman.com/2025-bootcamp-3-sound-investing-portfolios
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Feb 5, 2025 • 41min

Bootcamp #3 Sound Investing Portfolios

In this Podcast, Paul, Chris, and Daryl describe the Sound Investing Portfolios and their background, rationale, construction, and performance.    00:00 - Intro02:00 - DFA Background05:47 - Portfolio Rationale11:45 - Allocations14:11 - Backtesting & Comparisons19:32 - Rewards of Diversification28:42 - Differing Good Times32:40 - 70/30 US/Int'l Portfolios35:05 - Which Funds?39:08 - Close   During the Podcast the following tables were referenced:✅ Table H1a - Sound Investing Portfolios: Asset Allocations (50% U.S. / 50% Int’l)✅ Table H2a - Sound Investing Portfolios: Comparative Data (50% U.S. / 50% Int’l)✅ Table H3a -  Sound Investing Portfolios: Annual Returns (50% U.S. / 50% Int’l)✅ Table H1b - Sound Investing Portfolios: Asset Allocations (70% U.S. / 30% Int’l)✅ Table H2b - Sound Investing Portfolios: Comparative Data (70% U.S. / 30% Int’l)✅ Table H3b - Sound Investing Portfolios: Annual Returns (70% U.S. / 30% Int’l)
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6 snips
Jan 29, 2025 • 1h 16min

The Index Edge: Paul Merriman’s Investment Insights

Join Paul Merriman as he shares his journey from Wall Street to empowering individual investors. Discover the importance of data-driven investing and the historical advantages of small-cap value investing. Merriman discusses his insightful meeting with John Bogle, contrasting their investment philosophies. Explore the evolution of investment strategies from market timing to buy-and-hold approaches, and learn about the rise of ETFs. He emphasizes the critical role of education and disciplined investing for long-term success in navigating today's complex market.

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