Random Roger's Retirement Planning

DECEMBER 30, 2023

If all you use is a broad index fund then it will either be a good year or not so good, but assuming the proper asset allocation, who cares? The divergence of MCW from 2022 to 2023 is shocking. That's enough to get it done assuming an adequate savings rate, appropriate asset allocation and no panicking.

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Random Roger's Retirement Planning

JULY 15, 2024

First up, the Harvard Endowment which posted the following asset allocation. The version with VOO was down a lot less in 2022 and only trailed VBAIX in 2023 by 89 basis points. In 2022, the VOO version was down less than half of VBAIX and it also outperformed in 2023. The private equity piece isn't great. I used PSP.

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James Hendries

AUGUST 15, 2022

The Strategic and Tactical Asset Allocation Committee (STAAC) made no changes to its recommended asset allocation for August. Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply. We could see a retest of 3.5%

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Random Roger's Retirement Planning

AUGUST 26, 2024

Here's the target asset allocation. I worked in SSO and UBT to be able to leverage up to the right asset allocation. RPAR tracks very close to the replication for the first two years and then it separates from it in early 2022. RPAR lagged the replication by 614 basis points in 2022.

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James Hendries

OCTOBER 7, 2022

in September, temporarily breaking below the June 2022 closing low. The Strategic and Tactical Asset Allocation Committee (STAAC) upgraded its view of duration to neutral. Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply.

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James Hendries

DECEMBER 12, 2022

The Strategic and Tactical Asset Allocation Committee’s (STAAC) S&P 500 year-end fair value target of 4,000-4,100 is based on a price-to-earnings ratio of 17.5 Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply.

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Random Roger's Retirement Planning

OCTOBER 7, 2024

GMO posted a short paper in support of its Benchmark Free Asset Allocation Strategy (BFAAS). For this post we'll focus on BFAAS' asset allocation. The asset mix is 53.6% A more detailed look at the asset mix shows the the following. The paper positions BFAAS as a substitute for 60/40. to equities, 29.7%

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James Hendries

NOVEMBER 15, 2022

The Strategic and Tactical Asset Allocation Committee’s (STAAC) S&P 500 year-end fair value target of 4,000-4,100 is based on a price-to-earnings ratio of 17.5 Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply.

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James Hendries

SEPTEMBER 8, 2022

The Strategic and Tactical Asset Allocation Committee (STAAC) downgraded its view of emerging market (EM) equities in August. Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply.

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Random Roger's Retirement Planning

JUNE 10, 2024

According to the article, the only "asset allocation" fund to outperform the S&P 500 over the last 15 years has been the PIMCO StocksPLUS Long Duration Fund (PSLDX) which ironically enough is a leveraged fund tracking 100% each to stocks and long term bonds. In 2022 they didn't work. The answer for most investors is no.

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Random Roger's Retirement Planning

OCTOBER 11, 2024

Simplify has a fund that owns the S&P 500 with a put option overlay that somehow went down more than the S&P 500 in 2022. FIG, the blue line, " is a modern take on the balanced portfolio, built to help navigate today’s toughest asset allocation challenges." Typically, risk parity which is what RPAR is, loads up on bonds.

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Random Roger's Retirement Planning

JUNE 6, 2024

Crisis alpha is mentioned in the literature but unfortunately the fund lagged far behind the S&P 500 and the Vanguard Balanced Index Fund (VBAIX) in 2022. Blogger Nomadic Samuel posted an interview with Jay Kaeppel who has an interesting spin on asset allocation with what he describes as 30/30/30/10.

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Discipline Funds

JULY 25, 2023

In 2022 the global stock market was down -18% and has rebounded +17% year to date. Of course, if you lived through it in real-time 2022 was pure panic and 2023 has been pure euphoria. In the vast majority of cases this ends up creating lower returns by creating unnecessary taxes and fees. 2) Set realistic savings return goals.

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Random Roger's Retirement Planning

MARCH 29, 2024

In 2022, the return stacked version outperformed plain vanilla 281 basis points but was still down 14.06%. for plain vanilla in 2022. There was plenty of outperformance, the standard deviation was quite a bit higher and in 2022, this return stacked portfolio lagged VBAIX by 184 basis points. Would any of this be worth it to you?

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Random Roger's Retirement Planning

NOVEMBER 17, 2024

MDCEX is in Morningstar's Tactical Asset Allocation (TAA) category and the Fidelity info page for the fund offers the following comparison to other funds. falling 36% but in 2022 it was only down 6.5% Regardless of whether 2022 was a matter of luck or skill, down 6.5% in 2022 is a solid result.

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Random Roger's Retirement Planning

JUNE 29, 2024

Several talked about tax issues, it is important to keep tabs on how taxes might change going forward and then when they actually do change. Yes on the taxes but without earned income and living on long term capital gains from an investment portfolio, there might be no income tax.

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Random Roger's Retirement Planning

JUNE 4, 2024

In 2022 SPD was down 25.96% versus 18.19% for the Vanguard S&P 500 ETF (VOO). Per an email from Unlimited the fund is trying to offer "core, liquid, uncorrelated ballast within overall asset allocation." It's only been trading since late 2022. So far, the answer is no but there hasn't really been a test yet.

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Random Roger's Retirement Planning

MAY 10, 2024

Since its inception in June, 2022 it has compounded at -3.16. FIG is not intended to negatively correlate to markets, they want it to be "a modern take on the balanced portfolio, built to help navigate today’s toughest asset allocation challenges." So far, it hasn't done that.

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Random Roger's Retirement Planning

JULY 22, 2024

The first line from their paper was "t he reliability of bonds as a defensive diversifier was brought into question in 2022, particularly in light of the inflationary environment." And the BIVIX version is of course interesting but a fund that can go up a ton, it was up 61% in 2021 and up 49% in 2022, can also go down a ton.

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Random Roger's Retirement Planning

APRIL 22, 2024

It offers this pie chart to show its current asset allocation. The fact sheet does not define what 75/25 means but the prospectus says it allocates 75% to long volatility and 25% to short volatility. Below, we compare VOLSX to a home made version of their exact, most recent allocation and VBAIX a proxy for a 60/40 portfolio.

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Random Roger's Retirement Planning

OCTOBER 3, 2024

The asset allocation numbers are similar to what they were when we looked three months ago so comparing it VBAIX makes some sense. LCR has lagged every year but been close to VBAIX except for 2022 obviously when it outperformed by 930 basis points. When we looked at in July it had a little Bitcoin. standard dev for VBAIX.

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Random Roger's Retirement Planning

APRIL 17, 2024

In 2022 it was up slightly versus down 5% for PRPFX and down 16% for VBAIX. Reacting in the middle of 2022 after learning too much was allocated to risk assets? 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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Random Roger's Retirement Planning

SEPTEMBER 7, 2024

In 2022 we wrote a couple of posts about the Dragon Portfolio which an interesting idea inspired by the Permanent Portfolio which allocates 25% each to stocks, long bonds, cash and gold. It's more like, the asset allocation idea is interesting, is there a way to get close? The 2022 results are interesting.

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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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Park Place Financial

MARCH 14, 2022

When people buy and sell sections of their portfolio to maintain a consistent asset allocation, they are rebalancing their investments. Individuals may also readjust their portfolios if their risk level changes and they need to develop a new asset allocation strategy. March 16, 2022. |. March 10, 2022. |.

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Cordant Wealth Partners

SEPTEMBER 8, 2022

you receive from Microsoft Reduce your tax bill both now and in retirement Make smart investment decisions within your 401(k) account Microsoft’s 401k Plan The Microsoft 401(k) plan is offered to Microsoft employees , including employees of subsidiaries such as LinkedIn and other divisions of the company.

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Park Place Financial

SEPTEMBER 8, 2022

You need strategies to mitigate the estate and inheritance tax liability that beneficiaries may face to ensure they receive maximum benefits. . Many people prepare their assets and estate for when they die, but death is not the only reason to contemplate estate planning. 5) Taxes Will Drop Your Estate’s Value . Related Posts.

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Brown Advisory

AUGUST 19, 2022

Fri, 08/19/2022 - 10:50. Inflection Points: 2022 Asset Allocation Perspectives and Outlook Report. Our new publication “Outlook 2022: Inflection Points” by Sid Ahl, Erika Pagel, Taylor Graff and J.R. This year’s report examines several issues that the team is monitoring as we head into 2022. Read more >.

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Random Roger's Retirement Planning

SEPTEMBER 30, 2024

This is the most recent asset allocation I could find from Harvard. VNQ and IEF are pretty plain vanilla proxies for their respective asset classes. 2020 was the only year it lagged VBAIX by more than 5% and in 2022 my Harvard version outperformed VBAIX by 11.86% only dropping 5.01%. In 2022 it was down 19.5%.

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Investing Caffeine

JANUARY 2, 2024

Although 2023 closed with a festive explosion, 2022 ended with a bearish growl. Effectively, 2023 was a reverse mirror image of 2022. In 2022, the stock market fell -19% (S&P) due to a spike in inflation. For the year just ended, much of the year felt like a party, but 2022 felt more like a funeral.

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Carson Wealth

DECEMBER 1, 2022

An individual who learns to manage $4,000 a month after taxes will be equipped to manage $14,000 or even $40,000 a month as their earnings increase over time. Retirement plans, such as 401(k) and 403(b) plans, allow employees to contribute a portion of their salary up to a federal limit ($20,500 in 2022).

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Random Roger's Retirement Planning

MAY 2, 2024

Reading FIG's fact sheet makes the fund out to be Permanent Portfolio inspired, maybe all-weatherish noting the likelihood of challenging times, as of 2022 when the fund launched, for "classic balanced portfolios" which was a good call. The time period is short obviously but the asset allocation appears to work.

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Brown Advisory

OCTOBER 11, 2022

Tue, 10/11/2022 - 13:22. Inflection Points: 2022 Asset Allocation Perspectives and Outlook Report. Our new publication “Outlook 2022: Inflection Points” by Sid Ahl, Erika Pagel, Taylor Graff and J.R. This year’s report examines several issues that the team is monitoring as we head into 2022. Read more >.

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Darrow Wealth Management

MARCH 28, 2022

The key to weathering the storm is having a diversified asset allocation that’s truly aligned with your risk tolerance and appetite before there’s a personal financial problem or other negative event. Asset allocation. Don’t wait for volatility to get your investments in order! Consider U.S.

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eMoney Advisor

MARCH 21, 2023

Portfolio Rebalancing Depending on what has been going on in the market, you may have clients whose portfolio asset allocations are no longer in balance. This strategy is commonly used to limit short-term capital gains to preserve the value of the investor’s portfolio while reducing taxes. ” Investopedia , 2022.

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Brown Advisory

JUNE 16, 2022

mhannan Thu, 06/16/2022 - 11:00 As we approach the first half of 2022, volatility is back with a vengeance. MORE ON THIS TOPIC Inflection Points: 2022 Asset Allocation Perspectives and Outlook Report Our new publication “Outlook 2022: Inflection Points” by Sid Ahl, Erika Pagel, Taylor Graff and J.R.

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Random Roger's Retirement Planning

APRIL 10, 2024

I also quipped that people forced to work in "retirement" should not be penalized having to pay more income tax on their Social Security payout. The relevance ties into asset allocation. Last one, Barry Ritholtz listed out his investment philosophy in ten bullet points, the original post is from 2022.

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