The Big Picture

SEPTEMBER 28, 2023

to blame, but I want to suggest that the 2021-22 Inflation surge and resulting higher prices were the cost of avoiding a different fate. The Fed began its policy of ZIRP and QE while Congress put forth a puny extension of unemployment insurance and a modest temporary tax cut. The public wants someone ( anyone !)

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The Big Picture

AUGUST 30, 2023

1 The Executive Summary gives you the flavor of the timing issue: “The persistent gap between the returns investors actually experience and reported total returns makes cash flow timing one of the most significant factors—along with investment costs and tax efficiency—that can influence an investor’s end results.

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Brown Advisory

MAY 31, 2022

2021 Impact Report: Tax-Exempt Sustainable Fixed Income Strategy ajackson Tue, 05/31/2022 - 15:22 A Letter of Introduction From The Portfolio Managers At Brown Advisory, we are deeply committed to sustainable investing. Enclosed is our 2021 Impact Report for the Tax-Exempt Sustainable Fixed Income strategy.

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Taxes Portfolio Management Portfolio Clients 52

Brown Advisory

MAY 31, 2022

2021 Impact Report: Tax-Exempt Sustainable Fixed Income Strategy. A Letter of Introduction From The Portfolio Managers. Enclosed is our 2021 Impact Report for the Tax-Exempt Sustainable Fixed Income strategy. While this municipal portfolio is by definition focused on U.S.-based Portfolio Manager.

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Random Roger's Retirement Planning

AUGUST 3, 2023

Portfolio 1 is 70% allocated to a low vol equity proxy and 30% to an alternative strategy that is intended to look like a horizontal line that tilts upward. Portfolio 2 is 100% Vanguard Balanced Index Fund (VBAIX) which is a proxy for a 60/40 portfolio and Portfolio 3 is the SPDR S&P 500 (SPY).

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Random Roger's Retirement Planning

MARCH 20, 2025

The odds are pretty good that plain vanilla 60/40 will still get the job done over longer periods but I would caution that the ride has been much bumpier since late 2021 and will stay that way for a while. Adaptability is a great word for portfolio construction and ongoing management. And the drawdown chart.

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Random Roger's Retirement Planning

SEPTEMBER 19, 2023

When I was working on yesterday's post I stumbled back into the Return Stacked 60/40 Absolute Return Index which is a portfolio funds blended together with a lot of embedded leverage in pursuit of capital efficiency. It's a very sophisticated portfolio. Here's what it is in the portfolio and the notional exposures.

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Random Roger's Retirement Planning

FEBRUARY 17, 2024

From the AQR site , QSPIX "aims to deliver attractive risk adjusted returns with low correlation to traditional stock/bond portfolios by investing in a broad and diversified range of alternative risk premia." So a core holding, I think that conceptually it could be risk parity meets the Permanent Portfolio?

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Portfolio Management Taxes Marketing 81

Validea

MARCH 7, 2025

Key Criteria for Stock Selection To find small, fast-growing companies, this strategy evaluates stocks based on a diverse set of fundamental metrics: Profit Margins A minimum after-tax profit margin of 7% is required, ensuring the company maintains strong profitability within its industry. annual return (477% cumulative).

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Brown Advisory

NOVEMBER 5, 2021

2021 Year-End Planning Letter. Fri, 11/05/2021 - 13:01. The end of 2021 is notable for a host of reasons. It is tempting to contrast the good with the uncertainty surrounding us– the continuing pandemic, challenges to our relationship with China, supply chain disruption, fears of inflation and potential tax legislation.

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Random Roger's Retirement Planning

MARCH 30, 2025

MCW also did great in 2021, 2020 and 2019. A portfolio with an enormous weighting to one or two broad based factors is not really what I do but it clearly can work but just like any other strategy you can find, it won't always be optimal. Speaking of AI, Grok seems to like the portfolio. Occasionally of course, MCW gets pasted.

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Portfolio Asset Allocation Marketing Marketing 59

Darrow Wealth Management

NOVEMBER 14, 2022

Rivian and Coinbase went public in 2021. One way investors incur unnecessary losses is by checking their portfolio during market downturns. 1 year total return 11/2021 – 10/2022. It can be tempting it can be to make changes to your portfolio after recent events. 17% a year ago (November 2021).

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Marketing Marketing Accounting Portfolio 100

Park Place Financial

MARCH 14, 2022

FINANCIAL PLANNING What is Portfolio Rebalancing? Investments can be risky since markets constantly fluctuate, but strategies are available to help you maintain a well-balanced portfolio. When people buy and sell sections of their portfolio to maintain a consistent asset allocation, they are rebalancing their investments.

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Random Roger's Retirement Planning

JANUARY 22, 2025

I backtested as follows with Portfolio 3 below being Vanguard Balanced Index Fund (VBAIX). The backtest assumes the new RDMIX would be the core holding of a portfolio but I didn't find anywhere that talked about how to position the fund. with Portfolio 4 being VBAIX. QSPIX is sort of a cherry pick.

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Asset Allocation Portfolio Assets Taxes 52

Park Place Financial

MARCH 10, 2022

FINANCIAL PLANNING 4 Financial Strategies to Leverage if your Portfolio is Worth Millions Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. For example, individuals with a net worth that exceeds $1M will likely not benefit from the average investment advice for those with portfolios that are worth less.

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Portfolio Certified Financial Planner Financial Planner Healthcare 52

Cordant Wealth Partners

JULY 18, 2022

In this article, I’m sharing everything you need to know about how Restricted Stock Units (RSUs) are taxed. Little-known RSU tax strategies. If you’re ready to master RSU taxes and avoid overpaying the IRS in 2022, this article is for you. Shares held after vesting are taxed as capital gains when they are sold.

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Taxes Medical Accounting Planning 52

James Hendries

JULY 13, 2023

[i] Private Foundation – A private foundation is created when someone sets up a tax-exempt organization but does not file to be recognized as a public charity. The tax deduction is lower at 20 percent of the taxpayer’s AGI if the gifts are appreciated assets or securities. [ii] A CRT may be partially tax-deductible right away.

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Distribution Taxes Assets Accounting 98

Random Roger's Retirement Planning

JULY 4, 2024

Yesterday, we talked about Ray Dalio's investing utopia of blending together 15-20 uncorrelated return streams in pursuit of a beefed up version of his more commonly known All-Weather portfolio. All of the funds look to offer an enhancement on a balanced portfolio or otherwise be a core portfolio holding.

Portfolio 52

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Random Roger's Retirement Planning

APRIL 3, 2024

Looking at AQMIX on your statement kind of going nowhere for 10 years could be difficult but clearly a portfolio with the allocation in Portfolio 3 would have kept up just fine and if they had focused on the bottom line number and not the line items, it would not have been difficult. 90/40 was down 1.56% and Portfolio 3 was up 3.25%.

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Numbers Portfolio Management Retirement 96

WiserAdvisor

DECEMBER 21, 2022

Diversification refers to investing in a wide mix of investments within a portfolio. Consider consulting with a professional financial advisor who can help build a diversified investment portfolio based on your financial needs and future goals. How many stocks should I have in my portfolio? How to pick stocks for your portfolio.

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Random Roger's Retirement Planning

JUNE 26, 2024

Although the way we articulate these ideas has changed we've basically been having the same conversation about trying to learn how to better diversify the portfolio without giving up too much of the equity market's ergodicity, it's inertia from going up more often than not. It just about got cut in half between October 2021 and October 2022.

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Good Financial Cents

MAY 1, 2023

The contributions made to the account may be tax-deductible or non-deductible, depending on the individual’s income level and participation in an employer-sponsored retirement plan. Tax-deductible contributions reduce the individual’s taxable income, while non-deductible contributions do not.

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The Big Picture

MAY 9, 2023

So how do you then go from tax and audit practice to finance and investing? But what was interesting about that was the quick need to both separate the portfolio between the old stuff and the new stuff, because there were a lot of new investment opportunities. That background of being an accountant was just great bedrock training.

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Random Roger's Retirement Planning

JUNE 9, 2024

The reason for the article is that "some of these funds are worthy diversifiers for a traditional fixed allocation portfolio." All three are more volatile than the Vanguard Balanced Index Fund (VBAIX) which is a proxy for a 60/40 portfolio. MCTOX just started trading in 2021. Portfolio 3 is VBAIX.

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Random Roger's Retirement Planning

JANUARY 2, 2024

We talk frequently about smoothing out a portfolio's ride. A smoother ride hopefully reduces the odds of panicking when the market goes down a lot with the idea being that a portfolio constructed to have less volatility than the broad market will probably be down a lot less during years like 2008 or 2022.

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Random Roger's Retirement Planning

OCTOBER 10, 2023

There was some interesting reading today looking at various portfolio construction and strategy issues. lagged far behind the Vanguard Balanced Index Fund (VBAIX) which is a proxy for a 60/40 portfolio. lagged far behind the Vanguard Balanced Index Fund (VBAIX) which is a proxy for a 60/40 portfolio. For the year, that 1.8%

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Random Roger's Retirement Planning

APRIL 22, 2024

Some other alternatives do their own thing in such a way that they complement equity exposure to reduce volatility and drawdowns without lowering the long term growth of the portfolio. I found a fact sheet from Q2 2021 that had about the same equity exposure but a much greater 13.5% to short volatility.

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Good Financial Cents

DECEMBER 29, 2022

1: Build a Diversified Portfolio With Fractional Share Investing. Who It’s Best For: Fractional share investing is a good option for anyone who wants to diversify their portfolio by investing in different companies. 2: Build a Micro Real Estate Portfolio. 2: Build a Micro Real Estate Portfolio. Risk level: Medium.

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Investments Investing Accounting Commission 119

Random Roger's Retirement Planning

OCTOBER 14, 2024

This should be a good way to work through the expectation that a fund is setting, whether it generally meets that expectation and how it might fit into a simple portfolio. The fund started trading in late 2021 and is small, with $69 million in AUM. It was down much less in 2022 but interestingly, it was down in 2021 too.

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Random Roger's Retirement Planning

DECEMBER 22, 2024

This brings us to the heart of today's post about trying to build a set but don't completely forget portfolio. This slice of the portfolio will go down more often than not, it is a tool to smooth out the ride. Referencing the weightings above, all of the portfolios have 65% in equity beta. One last thought before closing out.

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Trade Brains

OCTOBER 12, 2023

Womencart’s product portfolio boasts approximately 10,000 SKUs from its own brand as well as various national and international brands. In 2021, India’s e-commerce sector received a record US$ 15 billion in PE/VC investments, a 5.4 crore in March 2021 to ₹8.7 lakhs in March 2021 to ₹47 lakh in March 2023. crore in 2023.

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Random Roger's Retirement Planning

JANUARY 10, 2024

When we talk about expat living, I always say to not sell your house, to rent it out and live off the rental cash flow, allowing Social Security and the portfolio to grow. Options trading, mostly covered calls, is one we've talked about a lot lately, expecting it to keep up in years like 2023, 2021 or 2019 is simply the wrong expectation.

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Random Roger's Retirement Planning

JANUARY 30, 2025

TRTY is a quadrant sort of permanent portfolio inspired idea. The full term backtest of Trinity/Permanent Inspired is compelling of course but it trailed VBAIX and PRPFX in 2020, 2021 and 2023. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation.

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Engineering Portfolio Management Taxes 52

Random Roger's Retirement Planning

OCTOBER 15, 2024

In the 3rd quarter of 2021, Bitcoin doubled and you can see GLDPX didn't capture any of it. It did capture the decline in Bitcoin that ran from November 2021 to Feb 2022. The gold smoothed out the ride when Bitcoin was more volatile in 2021 and lately the 300/50 blend has been pulling ahead. The fund did not last long.

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Trade Brains

JANUARY 10, 2023

In the latest development, the domestic wiring harness (DWH) business of MSSL was demerged from the company in 2021. Samvardhana Motherson International earned 82% of its revenues overseas in FY 2021-22. This is because of a higher tax expense in the recent fiscal. 2021-22 64,031 817 2020-21 57,599 1,243. Net Profit (Rs.

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Brown Advisory

SEPTEMBER 19, 2023

Business Resilience in Portfolio Construction bgregorio Tue, 09/19/2023 - 05:12 Only Time Will Tell While the old adage “only time will tell” generally refers to a future outcome, it reflects our belief that a truly enduring investment must have proven to be resilient under a variety of macroeconomic circumstances. Others such as U.S.

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Trade Brains

NOVEMBER 17, 2023

2021-22 161.5 Net Profit Margin is fluctuating due to changes in the interest and tax payments as the company business was subdued in the initial days. Net Profit grew to 55.33 cr in FY23 from 8.89 cr in FY22 on account of volume expansion of the Solar Contracts. Financial Year Revenue (Cr.) Net Profit (Cr.) 2022-23 350.96

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Government Engineering Distribution Planning 115