Government needs to be shrunk/obstructed/gridlocked by any means necessary. If thats not what "republicans" are doing here, then its bad. Why? If you look at places with larger governments vs places with high HDI it seems that there is a correlation. This doesn't mean that having bigger government ...

The cap weighted index reflect yesterdays best/worst. Buy the index and you weight more into yesterdays winners. Bogle suggested the ultimate being to buy initially in equal weights and hold that forever, let it find its own cap weighting. but that wasn't something that Vanguard could market. John ...

yeah its that simple. Relatedly, r/ "news" has devolved into leftist rage-porn. https://old.reddit.com/r/news/top/?sort=top&t=week OK, so how is the threatened default not the GOP's fault? This whole debacle only seems to happen when we have Republican control of one or both houses and we have a De...

Interesting. I was under the impression that Vanguard and Blackrock were the most egregious ESG proponents. If that grading table is accurate, this is indeed good news. Profits for shareholders should be their main focus, nothing else. Except that by (for example) not encouraging, say, a fossil fue...

Interesting. I was under the impression that Vanguard and Blackrock were the most egregious ESG proponents. If that grading table is accurate, this is indeed good news. Profits for shareholders should be their main focus, nothing else. Except that by (for example) not encouraging, say, a fossil fue...

The measure of trust for a random site is whether or not it's mentioned on Wikipedia? Not totally. More of a sign that if some negative information about it is on Wikipedia then one should probably use the web site with caution. So... Any site that doesn't have negative information about it on Wiki...

This blog is designed to record the investment journey of a UK based small investor. The All-Weather Portfolio for Uncertain Times https://diyinvestoruk.blogspot.com/2023/05/the-all-weather-portfolio-for-uncertain.html "Could this is the ultimate set-and-forget portfolio?" "Further reading - The Pe...

Having said that, there is an interesting asset class that seems to act almost like "risk-be-gone powder" that can be sprinkled on pretty much any portfolio and watch the maxDD and volatility go down without anything near the commensurate decrease in returns....unfortunately I at the moment only ha...

Holy tracking error, Batman! 🙂 Well yeah but unlike the Larry Portfolio or even (dare one say it?) the PP you at least get some return to go with your tracking error. 😏 True enough....but in all fairness, neither the PP nor the Larry Portfolio (in its various incarnations with or without CCFs and/o...

Holy tracking error, Batman! 🙂 Well yeah but unlike the Larry Portfolio or even (dare one say it?) the PP you at least get some return to go with your tracking error. 😏 True enough....but in all fairness, neither the PP nor the Larry Portfolio (in its various incarnations with or without CCFs and/o...

Interested in hearing opinions about SCV vs TSM investing for my children. Seems like over the long term SCV beats TSM by a long way. Wondering if there are any gotcha's with SCV . I'm planning on starting with one automated investment to keep things simple. Two come immediately to mind (although t...

I don’t use the PP any longer but I still listen to podcasts like the ones from Resolve Asset Management who specialize in Risk Parity portfolios. They have convinced me that if you are going to do such a portfolio then you need a lot more diversification than the PP gives you. You definitely need ...

The modern interpretation of the asset allocation that the Talmud advocated millennia ago has a alternative and perhaps more correct interpretation of one third in-hand, one third buried in the ground, one third in commerce. The context within which that was recorded was in regard to safety/securit...

Found one issue with the broker I chose, Fidelity charges $75 per VTSAX purchase. So...no automated purchases are going to happen. That could be a serious problem if I want to set VTSAX and forget it for the kids. I would be happy for an auto VTI purchase (would prefer that) but there is no option ...

dopplerdave wrote: ↑

Fri Apr 28, 2023 6:14 pm

Does anyone know of a broad market ETF that does NOT include financial companies (banks, insurance companies, etc.)?

ProShares S&P 500 ex-Financials ETF; the ticker symbol is SPXN.

https://allocatesmartly.com/predicting-us-treasury-returns/ This seems to solve the "what if long bond interest rates keep going up from here?" It trades once a month between IEF and T-Bills. Sometimes it's very cashy, sometimes it's very bondy. It's down like -2% from Aug 2020... B&H IEF is -16% S...

Just playing around with backtests. BelangP's model doesn't look too bad. You would have to model it with a high dividend ETF that went through a period where bonds performed well though ... How far back would that need to be? DVY goes back to 2003; FDL (extended by using its underlying index back ...

Is the idea behind the Permanent Portfolio and Golden Butterfly only needing domestic US stocks (for US investors) that the gold provides sufficient hedging against foreign exchange movements? Yes, that is the idea I have come to believe (at least for US investors). Tyler has an article on Portfoli...

Currency purchasing power equilibrates over time. Why is the market consistently over-valuing international. Or is this too short a time frame. Total US vs total world See https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2008&firstMonth=7&endYear=2023&lastMonth=12&c...

D1984 is gonna get freeze-dried IIRC CA is going to give free healthcare to illegals over 50 "Is gonna get freeze dried"? What the heck is that supposed to mean? Stop resorting to nonsense and insults and ad hominem and come up with some actual fact-based arguments if you want to be taken seriously...

At 20 amps / 110 volts and at my cost of electricity a total cost of $4.00 in electricity would be running it only 5 hours for that batch. But why should we care? California has just decreed that everyone gets unlimited electricity for $20 a month. Under the new plan, you’ll pay just $20 / month if...

Does anyone know of a good Small Cap Value fund without a large allocation to Small Cap "Value" financials. I want to make a purchase but Vanguards VBR, I believe, has over 20 percent in financials at the moment. A few that come to mind: Mutual funds: TNVCX 2.3% in financials HFMDX Around 3.5% in f...

Yes, there's a paywall. Would you mind telling us what particular funds were being featured? I'd be curious to look at their holdings. I don't have access to the article directly but by searching using some (non-Google) search engines I was able to find a copy of the article that was non-paywalled....

Three quick questions: One, is there any reason almost all of their strategies--including this one--seem to only go back to 1970 (i.e. only be backtested back to that date), or 1972, or 1973? I would be very suspicious of any backtest that went back past the early 1970s, as the nature of money was ...

Make this your moonshot. I have 10% of my portfolio going to this. Look at how low the drawdown is, backtested 50 years. Look at the Sharpe / Sortino ratios. https://allocatesmartly.com/bold-asset-allocation/ Warning - seriously not tax efficient, lots of trading per year, so only use it in an IRA ...