Brown Advisory

NOVEMBER 12, 2015

Strategic Advisory Letter | 2015 Year-End Planning Checklist. As 2015 comes to a close, we remind our clients and friends of how important it is take time to review new tax rules, consider tax-saving opportunities and review investment and asset-protection plans before year’s end. Thu, 11/12/2015 - 11:10. tax bracket.

Planning 52

Planning Taxes Distribution Medical 52

Darrow Wealth Management

JULY 1, 2024

In 2016, it’s widely expected that the 2017 tax laws will revert. Tax planning for 2026 Depending on your situation, income, and goals, your planning options will vary. As with anything in tax planning, it’s important not to let the tax-tail wag the dog. Bonus depreciation was as high as 100% at one point.

Taxes 104

Taxes Tax Planning Planning Estate Planning 104

Random Roger's Retirement Planning

OCTOBER 25, 2022

Then from about 2013 to 2016, gold struggled and so too did PRPFX. The ten year numbers are awful for PRPFX because gold went down for about 4 years from 2013-2016. Here's how it did back to 2016. During the GFC and a little beyond, gold did very well and PRPFX outperformed by a mile.

Portfolio 95

Portfolio Retail Accounting Numbers 95

WiserAdvisor

JUNE 19, 2022

Instead, they start piling up right when you plan to conceive. While the figure is stressful, financial planning for a baby can help you transition into parenthood smoothly. Here are some tips that can help you in planning for a baby financially: 1. This can shield you from having to take out loans or depleted savings.

Financial Planning 52

Financial Planning Planning Education Budgeting 52

Random Roger's Retirement Planning

JANUARY 18, 2025

The article shows being updated in 2016 but not by me, the URL has the 2004 time stamp. I wrote an article for Motley Fool in May of 2004 saying I didn't want to own the stock and spelled out why. Since then, the stock appears to actually be down.21 21 years later and it's down?

Advertising 52

Advertising Medical Clients Distribution 52

Random Roger's Retirement Planning

JUNE 26, 2024

In the 11 full and partial years we can see that Portfolio 2 lagged by a lot in 2016 and 2020. You can also see a long run from 2016 to 2021 where it was pretty far behind 60/40. It also avoids interest rate risk and what I've been calling unreliable volatility from longer duration fixed income.

Portfolio 95

Portfolio Management Numbers Taxes 95

Random Roger's Retirement Planning

MARCH 7, 2024

Dropping from $27 down to $16 like in 2016 is a very difficult thing to sit through. I added in price levels of a few peaks along with subsequent declines. There are plenty more than the few I drew into the chart but want to make a simple point about how difficult holding a stock can be. Sometimes the thesis does change and you should sell.

Medical 98

Medical Clients Taxes Portfolio 98

Random Roger's Retirement Planning

AUGUST 7, 2022

This goes back to 2016 to GBTC's apparent inception. In reading about this, what I think they do is allocate an even 20% to stocks, income (bonds), volatility, trend and gold/crypto. Here's the starting point. Here are the results.

Portfolio 91

Portfolio Management Clients Marketing 91

Random Roger's Retirement Planning

AUGUST 5, 2023

It spent so much time running below Portfolio 2 because it lagged by a lot in 2016. Portfolio 1 outperformed in 6 of the 9 years studied with slightly less volatility. Portfolio 1 didn't really provide much cover in 2022 though because HCMDX was down 39% that year. compared to 7.35, had a standard deviation of 8.07 versus 10.32

Portfolio 93

Portfolio Clients Taxes Numbers 93

Tucker Advisors

NOVEMBER 3, 2021

Economist Roger Ibbotson and his team at Zebra Capital Management ran hypothetical return simulations from the years 1927 to 2016, which included both rising and falling yields. to 2016, a 60/40 stocks and bonds portfolio returned 7.6%, on average. A balanced retirement portfolio should have growth assets and income-producing assets.

Retirement 52

Retirement Portfolio Retirement Planning Financial Advisor 52

Random Roger's Retirement Planning

JUNE 22, 2024

XME fell 50% in 2015 and then made it all back with a 106% gain in 2016. Blending 25% in with ACWI helped in 2022 but otherwise it's not much different than 100% in ACWI. I really am surprised this doesn't create an easily observed differentiated return stream.

Portfolio 98

Portfolio Distribution Marketing Marketing 98

Random Roger's Retirement Planning

FEBRUARY 9, 2024

John Authors at Bloomberg goes into better detail including a reference to the Bernstein paper from 2016 that likened indexing to Marxism. There has long been a sentiment that believes indexing is dumb money. If you are an indexer then this should not be the first time your hearing that.

Investment Advisor 73

Investment Advisor Management Taxes Portfolio 73

Random Roger's Retirement Planning

AUGUST 5, 2022

The portfolio goes back to 2016 so it captures a lot of different market conditions including a couple of crashes for Bitcoin. Here's the first iteration, note that I usually talk about a 1% allocation to Bitcoin, realizing it could go to zero but I decided to use a 2% weighting for this post. And the results.

Portfolio 70

Portfolio Numbers Marketing Marketing 70

Random Roger's Retirement Planning

JANUARY 22, 2023

In 2016 though, MTUM lagged MCW by 700 basis points. Switching from MCW to SCHD now, after a great year is an example of chasing last year's winner that I have mentioned before. A more glaring example might be with iShares US Momentum ETF (MTUM). In 2015 it was up 8.93% versus 1.25 In 2020 MTUM was up 29.85% versus 18.37 percentage points.

Numbers 74

Numbers Clients Marketing Marketing 74

Random Roger's Retirement Planning

OCTOBER 19, 2022

There was some sort of market event in Sept/Oct 2016 where low volatility funds went down quite a bit more than MCW, but again that was only a month and half. During the 2020 Pandemic Crash, SPLV did a little worse than the S&P 500 and USMV did only slightly better but neither offered protection.

Numbers 97

Numbers Marketing Marketing Management 97

Random Roger's Retirement Planning

FEBRUARY 9, 2023

Gold was mostly in a downtrend from mid-2011 to early 2016. If you target 65% in equities via a simple equity index fund, then that fund will get the CAGRs you see above (or close to it).

Asset Allocation 75

Asset Allocation Portfolio Assets Numbers 75

Trade Brains

FEBRUARY 14, 2023

Yeah, that lot that talks about terms like compounding, risk profile, returns, retirement planning, budgeting, Investing, and whatnot! A Systematic Investment Plan (SIP) is an investment route offered by mutual funds, wherein multiple investors invest a fixed amount of money at regular intervals, say monthly or quarterly.

Healthcare 59

Healthcare Retirement Investing Investments 59

Random Roger's Retirement Planning

JULY 30, 2022

It lagged SPY in the up year of 2016 when it lagged by 130 basis points. In 10 full years plus an 11th partial year for 2022 it outperformed in six of those years. The lag in 2015 was a matter of basis points. The worst full year was 2018 when it was down 5.74% vs 4.55% for SPY and 2.82% for VBAIX.

Portfolio 75

Portfolio Accounting Clients Marketing 75

Random Roger's Retirement Planning

DECEMBER 1, 2023

Building a plan based on assuming an 11% payout forever is really going to hurt this guy if that is what he is saying. The way circuit breakers work has made a 1987 one day 20% crash almost impossible (it would play out differently) but a repeat of the Flash Crash of 2011 or 2016 would probably smack the hell out of QQQY.

Math 74

Math Retirement Numbers Portfolio 74

Nationwide Financial

FEBRUARY 1, 2023

The sizable outperformance of tech stocks between 2016 and 2021 created valuations that, in many respects, may not be sustainable in the current interest rate environment. The outsized influence of tech company earnings on the S&P 500 is important to understand.

Valuation 59

Valuation Economy Accounting Marketing 59

Random Roger's Retirement Planning

SEPTEMBER 19, 2023

Portfoliovisualizer has its CAGR at 3.44% going back to 2016 and comparing it to a 100% allocation to NTSX since NTSX' inception shows a CAGR of 2.32% versus 12.42 NFDIX has struggled since its inception and Yahoo shows it has having one star from Morningstar.

Portfolio 70

Portfolio Assets Management Taxes 70

Random Roger's Retirement Planning

SEPTEMBER 10, 2024

They deviated in 2022 for the better and also in 2016 when they all lagged VBAIX. BTAL is sort of anti-trend because it shorts high beta. The three versions in this backtest look like VBAIX almost all the time which is ok, VBAIX works almost all the time.

Portfolio 52

Portfolio Management Taxes Clients 52

Random Roger's Retirement Planning

SEPTEMBER 1, 2024

According to the Trinity performance data , from Nov 2016-March-2024, Trinity 3 compounded at 5.08% with a standard deviation of 8.61% and a max drawdown of 15.59%. Ok, it smooths out the ride but I think there are way to get a similar volatility profile but with a little more upcapture, using Trinity's allocation weightings.

Portfolio 52

Portfolio Management Taxes Clients 52

Random Roger's Retirement Planning

AUGUST 31, 2024

The Cambria website reports performance from Nov 2016-March 2024. The second portfolio being near the top for the entire back test makes sense due to having 55% in equities. The portfolio I labeled as Trinity w/Momentum stocks used Trinity 4 as a starting point.

Portfolio 52

Portfolio Management Investing Investments 52

Random Roger's Retirement Planning

AUGUST 28, 2024

I would also note that managed futures did worse in 2016 than 2018. There's a good chance of getting essentially the same effect with much less risk of being vulnerable to something breaking or at least bending a lot like managed futures in 2018.

Portfolio 52

Portfolio Management Assets Investments 52

Random Roger's Retirement Planning

SEPTEMBER 18, 2024

When we talk about allocating a lot to simplicity and hedging with a little complexity, it is important for anyone needing normal stock market growth for their plan to work to have plain equity exposure. Whatever allocation to equities they think they need, most of it should be in very simple, very plain holdings.

Portfolio 52

Portfolio Management Clients Investments 52

Random Roger's Retirement Planning

MARCH 2, 2023

It lagged badly in 2016, 2019 and 2021. It had a big edge in 2020, which was probably also from Bitcoin. It held up better in 2022 which makes sense because it owns a bunch of stuff that is not equities or bonds. The other day I asked whether you could hang in with a portfolio that lagged badly the first year you implemented it.

Portfolio 52

Portfolio Clients Marketing Marketing 52

Random Roger's Retirement Planning

JULY 23, 2024

An obvious flaw in the replication we did is that it is just a snapshot based on what the Natixis portfolio looks like today, the portfolio suite goes back to 2016. It is of course much simpler than the Natixis Portfolio. Anyone so interested could track it going forward though by closely following their page.

Portfolio 52

Portfolio Taxes Advertising Management 52

Random Roger's Retirement Planning

JANUARY 3, 2025

OTRFX had a phenomenal 2020, it also had a strong 2016 and settled in with the pack the rest of the time. Here's how they've done compared to the iShares 3-7 Year Treasury ETF (IEI). Here's the year by year with 2022 highlighted.

Management 52

Management Portfolio Investments Investing 52

Random Roger's Retirement Planning

JULY 25, 2024

There is a mutual fund version with symbol ENHNX that goes back to 2016. DIVP looks like it owns value stocks that pay a growing dividend and sells call options. The ETF just started trading in March. The mutual fund website compares the fund to the CBOE BuyWrite Index.

Portfolio 52

Portfolio Distribution Taxes Clients 52

Brown Advisory

JUNE 21, 2017

equity funds in 2016 alone. We understand and appreciate this approach, which is particularly common among endowments, foundations and retirement plans for which tax considerations are not relevant. According to Morningstar (which tracks mutual funds and their performance), more than 80% of all actively managed U.S.

Investments 52

Investments Investing Portfolio Management 52

Brown Advisory

JUNE 21, 2017

equity funds in 2016 alone. We understand and appreciate this approach, which is particularly common among endowments, foundations and retirement plans for which tax considerations are not relevant. According to Morningstar (which tracks mutual funds and their performance), more than 80% of all actively managed U.S.

Investments 52

Investments Investing Portfolio Management 52

Brown Advisory

JANUARY 4, 2016

Mon, 01/04/2016 - 13:57. Institutions, of course, represent the interests of millions of individual investors, whether through mutual funds, retirement plans, insurance companies or other investment accounts. Investment Perspectives | Unicorns: Beyond the Myth.

Investments 52

Investments Investing Numbers Valuation 52

Brown Advisory

JUNE 16, 2016

Midyear Planning Tools for 2016. Thu, 06/16/2016 - 15:22. Yet despite a heavy dose of recent market volatility, the planning environment in 2016 is relatively stable. Yet despite a heavy dose of recent market volatility, the planning environment in 2016 is relatively stable. Presidential election.

Planning 52

Planning Taxes Assets Clients 52

Good Financial Cents

DECEMBER 28, 2022

Plan participants ages 50 and older have a contribution limit of $7,500, which is commonly referred to as the “catch-up contribution.”. Rollovers: You can roll over money from a traditional IRA or another employer-sponsored retirement plan into a Roth IRA, but you may have to pay taxes on the amount rolled over.

Distribution 105

Distribution Taxes Retirement Accounting 105

Random Roger's Retirement Planning

FEBRUARY 29, 2024

Flow Financial Planning blogged about something it calls Coast FIRE. It's a play on FIRE which stands for financial independence/retire early. We've looked at this quite a few times favoring the idea of achieving some measure of financial independence but not so much actually retiring early. More quick hits.

Retirement 98

Retirement Assets Portfolio Financial Planning 98

Random Roger's Retirement Planning

DECEMBER 28, 2024

With a cash buffer of two years or whatever, that sort of decline doesn't have to derail anyone's retirement plan. Looking year by year, portfolios 1 and 2 lagged by a lot in 2016, outperformed by a lot in 2022 (by going down much less) and 2023. That person would be in some trouble without a cash buffer.

Portfolio 52

Portfolio Retirement Retirement Planning Assets 52