Risk Parity Radio is a podcast about investing located at www.riskparityradio.com. RPR explores risk-parity style portfolios comprised of uncorrelated or negatively correlated asset classes -- stocks, selected bonds, gold, managed futures, and other easily accessible fund options for the DIY investor. The goal is to construct portfolios that are robust and can be drawn down on in perpetuity, and to maximize projected Safe Withdrawal Rates regardless of projected overall returns.
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Episode 534: An RPC Free Portfolio Organizer, Assorted Asset Questions, And How Risk-Parity Style Portfolios Alleviate Concerns About "High Market Valuations" By Design
In this episode we answer emails from Kelly and Jose (Joe). We discuss simple spreadsheet applications for organizing portfolios, review a planned risk-parity style portfolio, discuss issues with transitioning and international fund choices and proportions, and why you should not fear "high market valuations" because risk-parity portfolios already solve for that exact problem, unlike simplistic…
Episode 533: Learning Some Things From Wes Gray, A Long-Term Correlation Matrix, A Listener's New Financial Practice, And Portfolio Reviews As Of August 14, 2026
In this episode we answer emails from Optimus Bill, Mark, and Drew. We discuss a paper about value factor investing from Wes Gray, Section 351 exchanges, how to stick with the horse your rode in on, a long-run correlation analysis of various assets, and a listener's new financial practice. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at…
Episode 532: SBLOCs Vs. Margin Accounts, Jumping The Shark, And A Variable Withdrawal Strategy
In this episode we answer emails from Optimus Bill, Pete, and Andy. We discuss SBLOCs vs margin accounts for liquidity in retirement, what "jumping the shark" looks like in blog form and why its a bad idea for all involved, and a listener's endowment-inspired variable withdrawal strategy (that should work just find). Links: Father McKenna Center Donation Page (please mention Risk Parity Radio in…
Episode 531: Expressing Our Heartfelt Gratitude, Working With Asset Choice Constraints, And Portfolio Reviews As Of August 7, 2026
In this episode we respond to emails from Thirsty Horse, Joanne, Matt and Alan. We share our gratitude for our listeners and reflect on how a listener community can become one of the most meaningful outcomes of a long-term investing project. We also provide an update on the Top of the T-Shirt fundraising campaign for the Father McKenna Center. Next we answer two portfolio design questions about…
Episode 530: Choosing Levered Funds (Gambling Problems!), Balancing Portfolio Goals And Trade-offs, And Fun With A ChatGPT Analysis
In this episode we answer emails from Eli, Optimus Bill, and James. We discuss variations in fund approaches for adding leverage, when fees are more likely to matter, what kinds of people and goals can benefit from risk parity style approaches, the trade-offs in lower and higher equity approaches (with a recent insight from Bill Bengen), and a ChatGPT analysis from a listener. Links: Father…
Episode 529: Handling Retirement Drawdowns, An RPR Portfolio With Large Cap Momentum, Investing In Your Health, And Portfolio Reviews As Of July 31, 2026
In this episode we answer emails from Luc, (from Quebec!), Nick, and Isaiah. We discuss surviving ugly drawdowns and bad decades, building a risk parity portfolio that still grows, momentum funds, avoiding fund hopping, and treating health like a real priority. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio .…
Episode 528: Our Annual Portfolio Rebalancings, Implementing A Sample Reverse Glide Path, And Thanking Our Listeners For Their Kindness And Generosity
We close season six by walking through our annual July rebalancings of the first four sample risk parity style portfolios and talking about their raison d'être. We also share a practical reverse glide path strategy that we plan to apply to the sample Golden Butterfly portfolio over the course of the next ten years, starting with this one. And we also thank our listeners for their kind words and…
Episode 527: Test Portfolios, Incorporating A Forced Cash Build-Up, Assets For Inflation, And An Update On Mom
In this episode we answer emails from The Nameless One, Jebenizer, and C.M. We discuss practice drawdown portfolios, an unusual deferred pension cash build-up situation and how to handle it, assets that benefit from inflation, and simple rules for contributions and rebalancing that reduce taxes and stress. And we share an update about Frank's Mom. Links: Father McKenna Center Donation Page (please…
Episode 526: Celebrating Your Generosity, Some Unusual Cowbell, Young Listener Correlation Questions, Investing A Windfall, And Portfolio Reviews As Of July 10, 2026
In this episode we answer emails from I Have No Name, Shellie, Midwest Nice, and Mr. Ed (a motley crew indeed!). We discuss some massively funny generosity to our Top of the T-Shirt Campaign for the Father McKenna Center, an odd small cap value fund in a 401(k) and the issues surrounding holding too much cash, how stocks and long-term treasury bonds can both rise while still showing negative…
Episode 525: Guiding Young America's Teachers, Assessing Academic TIPS Ladder Nonsense, And Checking Out A Cat Bond ETF
In this episode we answer emails from Ethan, Joe, and Jim. We discuss a plan for young teachers to reach early financial independence with the right accounts and a little encouragement, the peculiar benefits of 457s and Roth contributions, a critical read of an academic article about an impractical TIPS ladder strategy, and the real-world problems with 30-year TIPS ladders, including complexity,…
