Risk Parity Radio

Hosted by Frank Vasquez

Business Investing

Website RSS feed

Episodes

520

Latest episode

Jun 2026

Language

EN-US

About the show

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.

Listen to episodes

60 recent

June 14, 2026Episode 51850 min

Episode 518: Top Of The T-Shirt Campaign (Part Deux!) Kick-Off, Fun With Assorted Listener Allocations And Crystal Balls, And Portfolio Reviews As Of June 12, 2026

In this episode we first kick off the Top of the T-Shirt Campaign Part Deux (!) for the Father McKenna Center and explain why matching funds, donated resources, and volunteers make every dollar go further. Then we answer emails from Aaron, Hostile Witness, and Jenzo. We discuss improving on the Permanent Portfolio , managed futures, leverage, drawdowns, and why we prefer diversification over CAPE-wearing Sonias. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Father McKenna Center Donation Page (please mention Risk Parity Radio in the comment section with your donation): Donate - Father McKenna CenterDon's Work at the Father McKenna Center: Ignatian Volunteer: DonAnnie's Work and the Father McKenna Center: Jesuit Volunteer Corps: AnnieAaron's Portfolio Charts Article Reference: What Global Withdrawal Rates Teach Us About Ideal Retirement Portfolios – Portfolio ChartsJenzo's Portfolio Link (2025): Portfolio Backtester for ETFs and Asset Allocation | testfolioJenzo's Crystal Ball Link (Research Affiliates): Asset AllocationBreathless AI-Bot Summary:A listener asks a deceptively simple question: if you could add just one thing to a well-built retirement portfolio, what would it be and what would you cut to make room? That question takes us from charitable giving to portfolio construction, because both are really about the same goal: getting more real-world result per unit of effort, risk, or dollars.We start by launching this year’s Top of the T-Shirt campaign supporting the Father McKenna Center in Washington, DC. Two anonymous listeners have already pledged matching funds, and we break down why this charity “punches above its weight” through leverage: donated space, in-kind grocery support that includes fresh food, and a huge volunteer base that keeps overhead low. If you care about effective philanthropy, this is a concrete look at how structure and incentives can multiply impact.Then we move into listener mail on retirement portfolio design, including a modified Permanent Portfolio aimed at improving safe withdrawal rate and reducing cash drag. We explain what changes help and why, then give our one-asset-class answer: managed futures, funded by trimming gold. We also respond to an aggressive 75% stocks and 25% gold allocation, discuss drawdowns and factor tilts like small cap value, and talk through leveraged “stacked” funds. Finally, we address valuation-based “crystal ball” forecasts and why we’d rather diversify across equity styles and true diversifiers than try to time markets.If this mix of risk parity investing, retirement income strategy, and practical diversification helps you think more clearly, subscribe, share the show with a friend, and leave a review where you listen.Support the show

June 10, 2026Episode 51740 min

Episode 517: A FIRE Portfolio Reality Check, Diversification Perceptions And Misperceptions, And STRIPS

In episode we answer emails from Nick, Patrick and Aaron. We discuss matching goals with portfolios for an early FI person, review an Early Retirement Now blog post about diversification misperceptions, and discuss using STRIPS funds instead of regular treasury bond funds.Links:Early Retirement Now Blog Post: How to "Lie" with Personal Finance - Part 3: Diversification - Early Retirement NowLarge Cap Growth and Small Cap Value Long Term Comparison: Asset Analyzer for ETFs, Stocks, and Funds | testfolioPortfolio Comparison With Sharpe and Sortino Ratios: Portfolio Backtester for ETFs and Asset Allocation | testfolioBreathless AI-Bot Summary:Retiring early doesn’t magically change the laws of investing, but it does expose your real priorities fast. We read an email from a 35-year-old on the FIRE path with a $1.5M portfolio, a conservative 3.5% withdrawal rate, and a not-so-conservative 100% stock allocation. That mismatch opens up the biggest theme we keep coming back to: your portfolio tells the truth about what you value, whether that’s sleeping well at night or trying to out-run every bad decade and still “win” against the S&P 500.From there, we tackle a common myth in the early retirement community: that a longer retirement means you need a completely different approach. We argue the first 10 years are the make-or-break window for sequence of returns risk at any age, while the true long-horizon enemy is inflation. That leads to a practical discussion of cash drag, why holding too much cash or short-term bonds can quietly reduce outcomes, and why a risk parity style portfolio can trade a bit of upside for shallower drawdowns and more predictable behavior across tough markets.We also respond to a listener who asks about a blog post attacking “exotic” diversification, breaking down what diversification really means (hint: not counting ETFs) and why correlations shift across economic regimes like recessions and inflation shocks. Finally, we answer a question on Treasury STRIPS funds like EDV and ZROZ: when they’re useful, why they can feel like leverage, and how volatility matching and position sizing matter, especially after a 2022-style rate move. If you find this helpful, subscribe, share the show with a fellow DIY investor, and leave a rating or review so more people can find it.Support the show

June 6, 2026Episode 51651 min

Episode 516: Using RPR To Build Friendships, Worldwide Gold Market Realities, And Portfolio Reviews As Of June 5, 2026

In this episode we answer emails from Optimus Bill, Arun, and Aaron. We discuss why we do this show, how to build real friendships as an adult, and how to think clearly about investing without chasing fame or noise. Then we challenge the “gold returns zero” myth with a supply-and-demand lens that looks beyond popular US-centric group-think. And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Fairfax CASA Donation Page: Donate - Fairfax CASAFather McKenna Center Donation Page: Donate - Father McKenna CenterSlides from the May 31 Zoom AMA; 2026-05-31 Risk Parity Radio AMA Summary Slides.pdf - Google DriveVideo from the May 31 Zoom AMA: 2026-05-31 Risk Parity Radio AMA Video Summary.mp4 - Google DriveBreathless Unedited AI-Bot Summary:A listener asks a deceptively simple question that a lot of personal finance repeats without thinking: if gold’s expected real return is “about zero,” what does that imply about commodities, and why would you hold either one in a long-term portfolio? We take that head-on, starting with what the data actually shows in the post-1970 fiat currency era, then working outward into the real drivers that move gold: supply that barely budges, global demand that Americans often ignore, and the uncomfortable possibility that money supply growth helps explain why gold has compounded the way it has.Before we get there, we share two listener emails that land in a surprisingly human place. We talk about financial independence as “almost winning the game” and the tricky part of figuring out how to stop playing. We also reflect on why we keep Risk Parity Radio small and audienced-focused, why we avoid the usual podcast growth playbook, and how friendship, vulnerability, and alignment beat chasing money, fame, and power.We also shout out the community: creative “perfect number” donations for Fairfax CASA, a listener-organized Zoom AMA, and the kind of nerdy curiosity that makes building a risk parity style asset allocation feel less lonely. Then we close with our weekly market recap after a nasty Friday selloff and a full performance review of the sample portfolios, including stocks, Treasury bonds, REITs, gold, commodities, managed futures, and a clear warning on leveraged experimental mixes.If you like thoughtful investing talk that stays grounded in data, diversification, and real life, subscribe, share the show with a friend, and leave us a review so more do-it-yourself investors can find it.Support the show

June 4, 2026Episode 51549 min

Episode 515: Practical Continuity Considerations For Your Family And Why Popular Fear-Based Hoarding Plans Are Highly Undesirable

In this episode we answer emails from Mark and Eric. We discuss managing finances through aging, dementia, and what happens when the family’s primary money manager can’t manage anymore. Then we challenge popular fear-based retirement thinking and explain why hoarding wealth can be a bad strategy for well-being and relationships.Links:Fairfax CASA Donation Page: Donate - Fairfax CASAFather McKenna Center Donation Page: Donate - Father McKenna CenterArticle On Fear- and Hoarding-Based Planning: The Many Utilities of Retirement - Articles - Advisor PerspectivesA Better Approach To Spending In Retirement That Avoids Fear-Based Hoarding And Maximizes Well-Being: RPR Episode 436 Illustrated: The Two Halves of Your Financial LifeBreathless Unedited AI-Bot Summary:What’s the real plan if the person running the budget and investments can’t do it anymore? Not “someday.” Not “we’ll figure it out.” We talk through the unglamorous but essential side of retirement planning and DIY investing: continuity. That means account access, fewer scattered institutions, clear instructions, and a system your spouse can operate even if they’d rather be in the garden than staring at spreadsheets.We share practical steps that reduce chaos fast: consolidate accounts, use joint ownership where it makes sense, keep a password manager, and maintain a simple net worth sheet with a second tab that explains what to do and why. We also connect the dots to estate planning basics like power of attorney and why writing an investor policy statement can be a gift to the people who may need to step in later.Then we pivot to a deeper issue behind a lot of retirement advice: fear. We respond to an article that tries to justify hoarding as a retirement “utility,” and we argue that optimizing your life around fear of running out can turn money into a stand-in for therapy. Instead, we lay out what actually improves long-term well-being: stronger relationships, experiences that create flow, buying back your time, and charitable giving, all while still keeping your finances durable.Subscribe, share this with someone who manages the money in your family, and leave a review so more DIY investors can find the show. What would you put in your one-page continuity plan?Support the show

May 31, 2026Episode 5141 hr 14 min

Episode 514: FI-lanthropy Friendly Portfolios, Solving A Transition Quandary, Golden Bow Ties, And Portfolio Reviews As Of May 29, 2026

In this jam-packed crushed-fresh stone-solid hour-busting episode we do a trifecta response to one most excellent email from Rebecca. We discuss portfolios for FI-lanthropy, options and resources for making a transition from a 100% stock portfolio with tax and ACA subsidy issues, the drawbacks of bucketeering compared with the joys of asset swaps, and the socio-political overhang attached to gold and how that is evolving towards more rational uses of it by big time retail personal finance and others.And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Fairfax CASA Donation Page: Donate - Fairfax CASA Father McKenna Center Donation Page: Donate - Father McKenna CenterWells 4 Wellness: Wells 4 Wellness - Wells 4 WellnessYield & Spread/FI-lanthropy: The FI-lanthropy Pledge | Yield & SpreadThe Portfolio Matrix Tool: Portfolio Matrix – Portfolio ChartsOutline of Financial Advisor Best Practices: Strategic Retirement Planning: A Summary of Best Practices from Tenon Financial - Google DocsHow To Do An Asset Swap Video from Risk Parity Chronicles: How to Do an Asset SwapAfford Anything Risk Parity Portfolio Blueprint: Afford Anything frank-vasquez-risk-parity-portfolio-BluePrint.pdf - Google DriveCatching Up to FI Gold Episode: I Love Goooooold?! :) | Frank Vasquez | 184Interview of Bob Elliot on the Compound Podcast re Gold (start at 1:10): The Blue Chips of Junk | TCAF 175Breathless Unedited AI-Bot Summary:You can do everything “right,” follow a simple index plan, retire early, and still wake up one day as an accidental 100% stock investor. That’s what happened to Rebecca and Joe, early retirees in their mid-30s who needed fast cash for a home purchase and ended up selling bonds and leaning on a margin bridge. Now they’re staring at a stock-only portfolio, big unrealized gains, and a real constraint most advice ignores: diversifying could blow up taxes and ACA health insurance subsidies.We walk through a risk parity mindset built for real life, not perfect spreadsheets. We use Portfolio Charts to compare diversified asset allocation models by safe withdrawal rate, volatility, Ulcer Index, and drawdowns, and we explain why portfolios like the Golden Ratio and Golden Butterfly can be surprisingly “philanthropy-friendly” if you want to spend and give consistently. Then we get practical: stop treating taxable and retirement accounts like separate buckets, rebalance the diversifiers inside retirement accounts first, and learn how an asset swap can fund spending while keeping your overall allocation on track.We also tackle the emotional side, especially gold. If gold feels like a doomsday signal, we unpack the uniquely American baggage behind that reaction, why ETFs changed everything, and how gold can function as plain old diversification alongside intermediate and long-term Treasury bonds and even managed futures. We close with our weekly sample portfolio reviews and June distribution updates so you can see the framework in motion.Subscribe, share the episode with a fellow DIY investor, and leave a rating or review so more early retirees can find a calmer way to diversify.Support the show

May 27, 2026Episode 51353 min

Episode 513: The Perils Of All-Bond Portfolios And Over-Simplification, Choose FI, Muddled Thinking About Index Funds, And Why You Don't Need To Overplan Decades In Advance

In this episode we answer question from Rob, Matthew, and Luke. We discuss the pitfalls of trying to rely on an all-bond portfolio in retirement and better options, the problems with over-valuing financial simplicity over good living, the benefits of the Choose FI podcast, muddled thinking about the concepts of “self-cleansing” and the momentum factor, why reassessing a retirement plan beats obsessing over a perfect forecast, and why that's not likely to be necessary with a risk parity style portfolio due to its lower risk profile.Links:Father McKenna Center Donation Page: Donate - Father McKenna CenterFairfax CASA Donation Page: Donate - Fairfax CASAOptimus Bill's Risk Parity Radio Zoom Party (May 31 @ 4 pm EDT): https://us06web.zoom.us/j/3125439422?pwd=dHh6aFlYRk9TWFZ4c29POTA4OThKUT09&omn=85117353750Portfolio Charts Bond Portfolio SWR: Withdrawal Rates – Portfolio ChartsChooseFI Episode 570: State of the Stock Market 2025 Q&A | Brian Feroldi | Ep 570ChooseFI Episode 574 (with Yours Truly): Top Five Regrets of the Dying | Book Club | Ep 574Comparison of Large Cap Momentum with Other Common Factor Combinations: Portfolio Backtester for ETFs and Asset Allocation | testfolioBreathless Unedited AI-Bot Summary:A 5% Treasury yield can make a bond-only retirement plan sound like the cleanest solution on earth: buy long-term government bonds, take the interest, stop watching markets, and never rebalance again. We slow that idea down and stress-test it the way a DIY investor should, starting with the basics people love to skip: inflation-adjusted returns, real purchasing power over decades, and the ugly surprise of turning your whole portfolio into federally taxable ordinary income. “Simple” can get expensive fast when taxes and inflation show up every single year.From there we zoom out to the part that rarely makes it into retirement math. We talk about why chasing simplicity for its own sake is a false goal, how fear-based planning can push you toward over-saving and underliving, and what it looks like to use money to actually improve your life. If what you really want is hands-off income, we also explain why annuities are purpose-built for that job and can be cleaner than fiddling with a bond ladder.Then we tackle an investing debate sparked by another show: are small caps “bad,” and what does “self-cleansing” even mean in index funds? We break down why all index funds are rules-based, how cap-weighted funds quietly embed a momentum tilt, and why small cap value still earns a role for diversification even when it lags for long stretches. We finish with a practical retirement planning mindset: instead of worshiping a perfect forecast, rerun the plan as life changes and make decisions based on today’s reality.Subscribe, share this with a friend who loves “simple” investing rules, and leave a review with the one portfolio myth you want us to unpack next.Support the show

May 24, 2026Episode 51248 min

Episode 512: Avoiding Level Two-Thinking Foibles And CAPE'd Crystal Balls, Basic Accumulation, Talking To Optimus Bill, And Portfolio Reviews As Of May 22, 2026

In this episode we answer emails from TJ, Jose and Optimus Bill. We discuss the foibles of trying to catch up via investment picking if you are behind on retirement, debunk CAPE-style and other crystal ball forecasts from "experts" that Level Two investors often fixate upon, lay out practical growth-tilted allocations that can beat narrative-driven investing and invite you all to contact Optimus Bill about your Risk Parity Radio listening habits.And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:FI Service Corp DC Charitable Event: DC Double PlayFather McKenna Center Donation Page: Donate - Father McKenna CenterMichael Batnick Critique of CAPE Ratio "Predictions": Stocks Are More Expensive Than They Used to BeAccumulating With a Golden Ratio Portfolio Article: Minimize Your Miss – Portfolio ChartsCatching Up to FI Episode 100: 0️⃣ From Zero to Hero: A Late Starter’s Guide to the Galaxy 🌌 | Becky Heptig | 100Half US LCG/Half SCV Portfolio vs. US Total Market: Portfolio Backtester for ETFs and Asset Allocation | testfolioInternational Half LCG/Half SCV Portfolio vs. International Total Market: Portfolio Backtester for ETFs and Asset Allocation | testfolioMerriman ETF Recommendations: Best-in-Class ETFs | Merriman Financial Education FoundationEmail Optimus Bill Here: bill@catchinguptofi.comBreathless AI-Bot Summary:The fastest way to get yourself into trouble as a DIY investor is to believe you can “catch up” with a smarter prediction. We start with a listener who’s anxious about high stock valuations, AI hype, and a potential lost decade and asks the question most people are thinking but rarely say out loud: does it really make sense to go all-in on stocks if you cannot afford a big drawdown?We break down why the real accelerator toward financial independence is usually your savings rate, especially when your investment pile is still small, and why a lucky run in individual growth stocks can create a dangerous feedback loop. From there we take a hard swing at valuation crystal balls like CAPE ratio forecasting and explain how to test any market-timing claim against forward-looking evidence and simple base rates rather than headlines and vibes.Then we pivot to practical portfolio construction. If you want growth without betting your future on a single narrative, we talk about diversification that actually changes the ride: balancing large-cap growth with small-cap value, thinking more clearly about international exposure, and knowing when risk parity diversifiers like long-term Treasuries, gold, commodities, and managed futures make sense. We also answer a high-earner question about moving from a real-estate-heavy balance sheet into a growth-oriented market portfolio and why we’re skeptical of robo-advisors when a simple ETF plan will do.If you like clear rules, real-world asset allocation, and a little portfolio performance nerdiness, hit subscribe, share this with a friend who’s chasing forecasts, and leave a review so more investors can find the show.Support the show

May 20, 2026Episode 51129 min

Episode 511: Missives From Canada, Superman, Parsing Small Cap Funds, And More Fun With AI Creations

In this episode we answer emails from Luc, Deep, and Paul. We discuss the French Canadian "Sak kosh" portfolio, try to help out the elder Sonia sleep well at night, distinguishing small cap blend funds from small cap value funds, and share how we use AI tools to summarize long investing content without losing the source material. Links: Father McKenna Center Donation Page: Donate - Father McKenna CenterThe Superman Portfolio Withdrawal Rates: Withdrawal Rates – Portfolio ChartsThe Superman Portfolio Drawdowns: Drawdowns – Portfolio ChartsThe Superman Portfolio Portfolio Matrix: Portfolio Matrix With The Superman Portfolio.png - Google DriveRPR Episode 436 Summary Video: RPR Episode 436 Illustrated: The Two Halves of Your Financial LifeAdmiral Ackbar's Best Practices For Retirement Planning: NotebookLM - Retirement Tactical Briefing with Admiral Ackbar and Tenon FinancialDaniel Plainview's "I Drink Your Milkshake" Best Practices for Retirement Planning: NotebookLM - Plainview Wealth ExtractionVideo Version: NotebookLM - The Ruthless ExtractionBreathless Unedited AI-Bot Summary:A listener builds a Canadian “risk parity style” portfolio that looks like a mad science project on paper and then asks the question we all quietly worry about: is this clever diversification, or is it just complexity wearing a lab coat. We walk through the logic behind mixing small cap value, gold, long-duration Treasuries, managed futures, and a small dose of leveraged ETFs, plus the real constraint that changes everything for many investors: you can only buy what your country and accounts actually offer. I share how I think about backtesting when tools don’t support Canadian ETFs, why proxies can be useful, and why great historical results still don’t remove behavior risk.Then we shift to a common real-life retirement planning scenario: someone in their mid-70s sells a home, moves into a retirement community, and only needs about 2% per year from investments. Instead of forcing a complicated portfolio to do the job, I explain why a single premium immediate annuity can be the cleanest solution for a very risk-averse retiree, potentially covering that gap with a relatively small slice of the nest egg and letting the rest stay invested simply and calmly. We also talk about separating mandatory expenses from discretionary spending so the plan feels safe and sustainable.We close with a fast answer on asset location for a saver juggling multiple account types and debating small cap value placement. The punchline: make sure you’re actually buying small cap value, and don’t over-optimize what usually doesn’t matter much. Plus, a quick look at using Google NotebookLM to summarize long podcasts and documents in a way that stays grounded in the inputs you provide. If you found this helpful, subscribe, share the show with a friend, and leave a review so more DIY investors can find it.Support the show

May 17, 2026Episode 51045 min

Episode 510: Charitable Giving, Transitioning From A Single Stock Collection, Using Margin At Interactive Brokers, An Inflation Study, And Portfolio Reviews As Of May 15, 2026

In this episode we answer emails from Geraldo, Rock, Ute. We discuss how to give well, shifting from big-name school donations to smaller charities with immediate impact, moving from individual stocks to a Golden Butterfly style portfolio with less stress, treating Roth conversions as optional and highly personal rather than automatic, using a conservative Interactive Brokers margin loan as a temporary cash buffer, lowering margin-call risk with diversification and alternatives, and pressure-testing inflation claims for retirees and comparing U.S. data with and older study from The Netherlands.And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.Additional Links:Father McKenna Center Donation Page: Donate - Father McKenna CenterWCI Podcast Episode re Charitable Giving with Rebecca Herbst: How to Maximize the Impact of Your Charitable Giving - WCI Podcast #470Referenced Inflation Study Paper: S1474747216000202jra 85..109J.P Morgan Inflation Study: JP_Morgan_White_Paper_Three_Retirement_Spending_Surprises.pdf - Google DriveRAND Inflation Study: Spending Trajectories After Age 65: Variation by Initial Wealth | RANDBreathless Unedited AI-Bot Summary:You can be “right” about taxes and still be wrong about living. We dig into three listener emails that expose a common trap for smart investors: turning retirement into an endless optimization project, while the real goal is a calmer portfolio, a sustainable withdrawal plan, and a life you actually want to spend money on.First, we walk through a practical way to transition from individual stocks to a Golden Butterfly portfolio without getting paralyzed by detail. We talk about why macro allocation matters more than the exact ticker list, how to think about growth vs value exposure, and why simplifying inside retirement accounts is usually easier than in taxable accounts where capital gains can bite. We also share what we’d try to eliminate first when someone is de-risking for retirement.Next, we zoom out to retirement tax planning and charitable giving. We discuss why blanket advice on Roth conversion strategy and withdrawal order often fails, what it means to “disgorge” traditional IRAs before RMD age, and how qualified charitable distributions (QCDs) can be a quietly powerful tool for charitably inclined retirees.Then we tackle margin as a tool, not a lifestyle. We break down using a conservative Interactive Brokers margin backstop, how diversification can reduce drawdowns and margin-call risk, and why assets like Treasuries, gold, and managed futures show up again in risk parity style thinking. We also address a listener challenge on retiree inflation and why country, data vintage, and healthcare systems can flip the conclusion.If you like clear portfolio mechanics with real-world tradeoffs, subscribe, share the show with a friend, and leave a review so more DIY investors can find us.Support the show

May 14, 2026Episode 50937 min

Episode 509: Navigating Financial Advisor Business Models, Intermediate Portfolios, Monthly Withdrawal Mechanics, Bitcoin Follies, And Another Thank You From Fairfax CASA

In this episode we answer emails from Milo, Scott, and Joel. We discuss bad advisor incentives and how to classify them by their business models, identify the only business model you want to patronize, and then move on to Treasury STRIPS and rebalancing realities, practical withdrawal mechanics with a test portfolio, and why Bitcoin’s high correlation to tech stocks undermines its role as a diversifier. We also celebrate the final results of the Fairfax CASA matching campaign and share a thank-you message from their executive director.Links:Classifying Financial Advisors By Their Business Models: Interacting with the Financial Services Industry with SC GutierrezKitces Article on Rebalancing: Optimal Rebalancing – Time Horizons Vs Tolerance BandsBuilding a Sample Portfolio Video: We Built a 5% SWR Retirement Portfolio Using Fidelity in 48 Minutes (Golden Ratio Portfolio) - YouTubeVideo on Managed Futures and SDMF: Simplify SDMF in Focus - YouTubeBreathless Unedited AI-Bot Summary:A matching donor puts $20,000 on the table, the audience steps up, and suddenly Fairfax CASA is funded far beyond what anyone expected. We start with that story because it says something important about this community: you can be serious about investing and still lead with empathy. We share the final campaign results and a message from Fairfax CASA’s executive director about what this support means for children navigating foster care and the court system.Then we shift back to what Risk Parity Radio does best: practical emails from DIY investors who want clearer rules and fewer regrets. We talk about the “67-fund portfolio” problem, why complexity is often a sales tactic, and how to screen out conflicted advice from banks, credit unions, insurance shops, and big marketing-heavy firms. We also dig into the AUM model versus flat fee and hourly planning, plus why smart retirement planning often comes down to tax planning and behavioral discipline more than picking the perfect fund.From there, we get hands-on with portfolio construction and process. We cover Treasury STRIPS funds like GOVZ, why you cannot reliably time the best rebalancing moment during a recession, and what to do instead with partial rebalancing or rebalancing bands. We also answer a nuts-and-bolts withdrawal question using a test portfolio approach, and we close with a straight take on Bitcoin correlation: if it moves with stocks, it is not diversification. Along the way, we explain what “alternative assets” really means and why gold and managed futures keep showing up in risk parity style asset allocation.Subscribe, share this with a friend who’s tired of salesy advice, and leave a review so more investors can find the show.Support the show