Risk Parity Radio
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.
Risk Parity Radio
Episode 452: Thanks Again For Your Generosity, Avoiding Calculator Jockeys, Calculation Shortcuts And Portfolio Reviews As Of September 5, 2025
in this episode we answer emails from Chris, Trudie, and Earl. Highlights: The Father McKenna Center "Top of the T-shirt" campaign raised over $66,624 thanks to generous listener contributions; financial advisors are conflicted and also relatively uninformed marketing machines who are not very curious about finances and are too reliant on calculators; AI tools like Copilot can help implement risk parity strategies when fed quality information.
And THEN we our go through our weekly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.
If you have comments or questions, please email frank@riskparityradio.com or visit www.riskparityradio.com.
Breathless AI-Bot Summary:
What happens when financial wisdom meets unconventional thinking? This episode of Risk Parity Radio opens with Emerson's timeless quote about foolish consistency being "the hobgoblin of little minds" – perfectly setting the stage for a fresh look at portfolio management that marches to a different beat.
The Risk Parity Radio community shines as Frank announces the remarkable success of the Father McKenna Center fundraising campaign, which raised over $66,624. This achievement showcases the extraordinary engagement of listeners who value both financial knowledge and giving back. As Frank puts it, "I never really cared about having the largest audience. I just wanted to have the most engaged audience" – and with 2,500 regular listeners who actively participate in such initiatives, that goal has clearly been achieved.
Diving into listener correspondence, Frank explores how one community member has leveraged AI tools like Copilot to implement risk parity strategies. This sparks a broader examination of technology's role in personal finance, with Frank cautioning that AI is only as good as the information it's fed. In an age where many advisors have become what Frank calls "calculator jockeys" – professionals who rely on planning software without understanding its limitations – this distinction between tools and expertise becomes crucial.
The episode delivers a masterclass in practical financial knowledge, including an elegant explanation of the 240/200 rule for calculating monthly distributions. This mathematical shortcut exemplifies the podcast's approach: making complex concepts accessible without talking down to the audience. Frank demonstrates how dividing a portfolio value by 240 yields a monthly distribution equivalent to a 5% annual withdrawal rate – the kind of straightforward, useful information that listeners can immediately apply.
The weekly portfolio review reveals impressive performance across all eight sample portfolios, with gold continuing its remarkable run at 36.91% year-to-date. From conservative allocations to more experimental leveraged strategies, these real-world examples provide valuable insights for listeners navigating their own investment journeys.
Ready to break free from financial convention and build a portfolio that truly reflects your goals? Subscribe now and join a community of independent thinkers who know that sometimes the most rewarding path is the one less traveled.
A foolish consistency, is the hobgoblin of little minds, adored by little statesmen and philosophers and divines.
Voices:If a man does not keep pace with his companions. Perhaps it is because he hears a different drummer.
Mostly Mary:A different drummer and now, coming to you from dead center on your dial, welcome to Risk Parity Radio, where we explore alternatives and asset allocations for the do-it-yourself investor, Broadcasting to you now from the comfort of his easy chair. Here is your host, Frank Vasquez.
Mostly Uncle Frank:Thank you, Mary, and welcome to Risk Parity Radio. If you are new here and wonder what we are talking about, you may wish to go back and listen to some of the foundational episodes for this program.
Voices:Yeah, baby, yeah.
Mostly Uncle Frank:And the basic foundational episodes are episodes 1, 3, 5, 7, and 9. Some of our listeners, including Karen and Chris, have identified additional episodes that you may consider foundational, and those are episodes 12, 14, 16, 19, 21, 56, 82, and 184. Whoa, and you probably should check those out too, because we have the finest podcast audience available.
Mostly Mary:Top drawer, really top drawer.
Mostly Uncle Frank:Along with a host named after a hot dog.
Voices:Lighten up Francis.
Mostly Uncle Frank:But now onward, episode 452. Today on Risk Parity Radio. It's time for the grand unveiling of money which means we'll be doing our weekly portfolio reviews of the eight sample portfolios you can find at wwwriskpartyradiocom on the portfolios page. Boring, and things are still looking peachy over there.
Voices:So you can make me more money. But before we get to that, I'm intrigued by this how you say Emails.
Mostly Uncle Frank:And First off, first off, an email from Chris.
Voices:Ain't nothing wrong with that.
Mostly Uncle Frank:And Chris writes.
Mostly Mary:Frank. Greetings from colorful Colorado.
Voices:If I had a wagon, I would go to Colorado. Go to Colorado If I had a wagon.
Mostly Mary:I just wanted to send a quick note and say thank you for your work on the website and podcast.
Voices:We have top men working on it right now.
Mostly Mary:I am a 61-year-old guy who saved well and is now learning to invest. Your podcast is full of great information and entertainment without being too long in the tooth.
Voices:Death stalks you at every turn.
Mostly Mary:I've learned a great deal from you and appreciate your good work both on air and for the Father McKenna Center. Please give Mary a hug. God bless Chris.
Voices:Mary, Mary, I need your huggin'.
Mostly Uncle Frank:Well, you know, chris, sometimes I am accused of being a bit long in the tooth. I could stand up here and talk on and on, like some bo-weevil sitting on a stump bragging to a dog in heat. But I'm glad you're enjoying the podcast and are getting a lot out of it.
Voices:One trick is to tell them stories that don't go anywhere, like the time I cut the ferry over to Shelbyville. I needed a new heel for my shoe, so I decided to go to Shelbyville. I needed a new heel for my shoe, so I decided to go to Morganville, which is what they call Shelbyville in those days. So I tied an onion to my belt, which was the style at the time. Now, to take the ferry cost a nickel, and in those days nickels had pictures of bumblebees on them. Give me five bees for a quarter, you'd say. Now where were we? Oh yeah, the important thing was that I had an onion on my belt, which was a style at the time. They didn't have white onions because of the war.
Mostly Uncle Frank:And just to follow up on the Father McKenna Center and the Top of the T-Shirt campaign we had mentioned the beginning of the T-Shirt campaign. We had mentioned the beginning of August that we had raised over $60,000. And counting the ones that trickled in after that, the total for the Top of the T-Shirt campaign is $66,624.33. Yes, and I have to tell you I'm still a bit overwhelmed with gratitude for everything you guys have done. Yes, who put up the original $15,000 in matching funds, and so all I had to do was publicize his generosity, and then so many of you jumped in to participate.
Voices:And we really have felt uplifted by everything you've done for us. And he will raise you up on the eagle's wings, lay you on the bed of dawn, make you to shine like the sun and hold you near the light, and the morning will be the night of his death.
Mostly Uncle Frank:That's one of the songs that's popular at the high school Gonzaga, because they are the Gonzaga Eagles and so there's a lot of talk about flying in eagles wings. I'll play you another one they like to sing down there. It's called Full Force Gale and it's by Van Morrison, and I'll put one of the Gonzaga choirs at the end of this podcast so you can have a little listen to that. And so Risk Parody Radio is featured prominently at the top of the T-shirt for the walk that we're going to do on Septemberember 30th, and with a little help from luke, who our top man on the website top men, we were able to put pictures of the actual t-shirt at the support page at wwwriskprioritycom, if you want to check that out. I thought it turned out very well.
Voices:Wow, wow, wow, he's very nice.
Mostly Uncle Frank:So anyway, thanks again to you, Chris, and everybody else out there.
Voices:The best, jerry the best.
Mostly Uncle Frank:I'm glad you're enjoying the podcast and getting something out of it, and thank you for your email.
Voices:Thank you, and thank you for your email. Oh, there's a solution. I want to fly like an eagle to the sea. Fly like an eagle, let my spirit carry me.
Mostly Uncle Frank:Second off. Second off we have an email from Trudy.
Voices:No way.
Mostly Mary:And Trudy writes Hello Frank, I got a huge kick out of your diatribe against the Retirement Answer man podcast, since I frequently internally want to scream at this one and many similar ones as well.
Mostly Mary:I've got a good mind to join a club and beat you over the head with it. It seems more than a little irresponsible to hit the airwaves, dunning-krieger and all, and mess with people's lives and finances like that, with so little real authority on the matter. So I thought I'd share something that I got a kick out of and hope you will too.
Voices:You're that smart.
Mostly Mary:I don't have any questions. I was introduced to you after hearing your interview on another podcast and have long ago plowed through your whole backlog.
Voices:Surely you can't be serious. I am serious.
Mostly Mary:And don't call me cloud through your whole backlog but now couldn't resist being a first-time caller, since this is relevant and maybe even useful. I took some of your advice I'm in a transition stage, so not really in the decumulation risk parity quite yet, but at an inflection point and gave Copilot my total portfolio so it could help me allocate my fund money in my HSA contribution this year, and it basically gave me the instruction manual to do exactly what you tell us to, so that it could be my on-call financial advisor and interpret the results. Apparently, I can use what I learned from your infinite font of wisdom and just offload all this effort to Copilot for me, and it does a jaw-droppingly good job of rebalancing and understanding exactly what I mean and need, after giving me step-by-step instructions to get my portfolios over to Portfolio Visualizer and sending back the results. Also, please, please, please, never get rid of the sound effects.
Voices:That goes without saying.
Mostly Mary:I have no idea why there are so many trolls and unhappy busybodies out there who have nothing better to do but whine about something that actually makes dealing with finances fun. Are you stupid or something? They should just stop listening if they're so bothered, instead of raining on our parade and ruining the vibes for the rest of us. I think it says a lot more about them and the sordid state of their inner Scrooges if they can't appreciate your adding nostalgic humor to an already incredible effort to educate and give back to the rest of us and the planet effort to educate and give back to the rest of us and the planet.
Voices:Are there no prisons? Are there no workhouses? Are there no prisons? Are there no workhouses? Are there no prisons? Are there no?
Mostly Mary:workhouses. Oh, I also have to add this I am a podcast addict and subscribe to over 500.
Voices:You're insane.
Mostly Mary:Goldmember and hands down, you have the best radio podcast voice ever, sound effects notwithstanding and even played at three times speed Trudy.
Mostly Uncle Frank:There was this sound like a garbage truck dropped off the Empire State.
Voices:Building. Well, Trudy, welcome to our little island here, of misfit toys too.
Voices:I'm whatever you said independent.
Voices:Hey, what do you say? We both be independent together huh, it's a deal.
Mostly Uncle Frank:I've always said I never really cared about having the largest audience. I just wanted to have the most engaged audience and I think we've succeeded pretty well there.
Voices:Wanted to have the most engaged audience and I think we've succeeded pretty well there. We're all very different people. We're not watusi, we're not spartans, we're mutants. There's something wrong with us, something very, very wrong with us, something seriously wrong with us. We're the underdog, we mutts, but there's no animal that's more faithful, that's more loyal, more lovable than the mutt.
Mostly Uncle Frank:We are actually up to about 2,500 regular listeners, which always surprises me, because one thing I can say about our listeners is we just have a much more curious crowd here than most people and even most financial advisors. I did check out your screenshots of Copilot. It was interesting how you've used it. I think we're all still trying to figure out how best to use artificial intelligence, but it seems like really the best way I found is to direct it or load it with the material that you want it to be working with, so it's not just running around grabbing random information that may or may not be accurate.
Mostly Uncle Frank:A lot of lawyers have gotten into trouble for citing cases in their briefs that do not exist because they got them from an AI bot scouring the internet, and the same is true with respect to personal finance, because so much of the material that's floating around out there is just marketing materials and other bad ideas, so you do need to be selective about what you feed into something like this, but you do get out very interesting things. I have to tell you, one of our friend Luke's other little projects, in addition to the website, was fiddling around and creating AI podcasts essentially of me, and he showed me some transcripts and they're pretty scary we got a scary 140 this week, woo.
Mostly Uncle Frank:Woo, woo, woo, woo, woo, but I think that'll ultimately improve. I know that at Paul Merriman's site they've tried to incorporate an AI to answer questions and sometimes it says the right things and sometimes it says the wrong things and Paul's got to apologize for it, because it doesn't always say what he would have said right things and sometimes it says the wrong things and Paul's got to apologize for it, because it doesn't always say what he would have said. So I'm not sure that sort of thing is quite ready for prime time yet. As for your getting a kick out of my diatribe against the retirement answer man podcast, that was episode 434, if anyone's looking for it.
Voices:Please accept my resignation. I don't want to belong to any club that will accept me as a member.
Mostly Uncle Frank:But I think that does kind of represent the current state of a lot of personal finance, which is really more about practice management and people management than it is about finance, and that actually makes a lot of sense from a business perspective and a marketing perspective. You're trying to get people's money to manage.
Voices:Because only one thing counts in this life Get them to sign on the line which is dotted.
Mostly Uncle Frank:You're probably better off focusing on soft stuff and psychology and coaching and touchy-feely stuff than you are on the hard finance-related stuff. But for people like us do-it-yourselfers who are interested in the hard finance stuff and are asking a lot of questions, why this and why that? Because we're curious about it it comes across as kind of namby-pamby and, frankly, condescending.
Voices:Am I right or am I right, or am I right, right, right, right.
Mostly Uncle Frank:Especially this overuse of words like feasible and resilient, because it's pretty obvious that if I were to depose roger whitney about what he meant by feasible he's talked about this before it ends up being create a 60 40 portfolio that you ram into this calculator with some crystal ball projections embedded in it that he doesn't seem to understand, and if it pops out a good number, then you're good and that's feasible. And then to make it resilient, you just take a big pile of cash, like five years of cash, and slap that on the front of it and then you call that good.
Voices:There's always money in a banana stand.
Mostly Uncle Frank:And that is probably good enough for people who don't know anything or are so scared they're not going to spend much money anyway, in which case just about any kind of plan works, but it does seem to fall into this problem. I see that more and more financial advisors are just glorified calculator jockeys and they really don't understand the mechanics of what's underlying the crystal balls embedded in these calculators.
Voices:As you can see, I've got several here, a really big one here, which is huge.
Mostly Uncle Frank:And they don't learn good forecasting technique from a data perspective when they get their CFP and they just don't know it. The sad thing to me is they're not very curious about it either, because these calculators leave a lot to be desired. It was interesting. I had a conversation with Chet GPT recently about the underlying assumptions that the Bolden calculator makes, and they are just all over the map.
Voices:Now the crystal ball has been used since ancient times. It's used for scrying, healing and meditation.
Mostly Uncle Frank:There's stuff that just gets sucked in from one methodology and from another methodology. It's pretending that all of these assets are independent variables when they're clearly not. I think it had a projection for gold of 1.5%. It's up like 37% this year or something like that, and it's been consistently more like 7% or 8% since 1970. But I don't think most people using these calculators have any idea of the limitations on the assumptions being made. Man's got to know his limitations, man's got to know his limitations and there really is a big garbage in, garbage out problem going on here. I'm also kind of dismayed with how many personal finance podcasters have bought into that, and I think there's a lot of conflicts of interest now, because I see bolden as a sponsor for so many podcasts and people making money off of it by going to their website and clicking on it and stuff like that.
Mostly Uncle Frank:In some respects we were a lot better off, say, 10 years ago, when most of these calculators didn't exist and so people were not so reliant or dependent upon them and took it more upon themselves to actually understand what the analysis was. But it kind of is where it is right now, with financial advisors and more DIYers just turning into calculator jockeys or getting the calculator disease and treating the assumptions in those calculators like they are embedded truth, when they're very far from it and often are very inaccurate and not something you should be relying upon. Forget about it. And it's not so bad if it's just a do-it-yourself or looking at something like that as a tool to aid them. But it's quite another thing when you go to a professional financial advisor and they are so reliant on the tool that they're not really giving you independent advice. They're just being a calculator jockey.
Mostly Uncle Frank:It was interesting. I had over one of my five friends, michael from the Baltimore area, who drove down so we could go on a long bike ride together, which we try to do at least once or twice a year, and we rode down to Old Town and had lunch. But he was telling me some horror stories about a relative who's been paying this advisor 1% or 1.5% and they really screwed up them tax-wise because the relative needed money moved out of the investments and into cash for the purpose of paying for some long-term care or something other medically related the money to cash within the account so it would not trigger a tax liability. The stupid advisor actually took the distribution of most of the money in the account, triggering this huge tax liability.
Mostly Uncle Frank:Stupid is what stupid does, sir, and they didn't even put it over more than one year. He was talking about another advisor who didn't know what the Rule of 55 was. But not only do these people not know what these things are, they're not even curious enough to go learn after the fact.
Mostly Mary:That's not an improvement.
Mostly Uncle Frank:Because most financial advisors are not very curious about finance. They think they've learned enough simply by getting their CFP or whatever. They're more interested in marketing. They're more interested in the latest calculator and they're more interested in marketing. They're more interested in the latest calculator and they're more interested in using psychological tools, tricks, labels, to retain their clients. So it's no wonder that a lot of us feel that we'd be better off doing things ourselves, because at least we're not going to screw it up that badly and we know that we can get specific advice on an hourly basis or from a tax professional, say. So, while the state of the financial services industry is better in some respects, that it's not as salesy as it used to be, you know, whenever I see an opportunity now, I charge it like a bull, ned the Bull, that's me now.
Mostly Uncle Frank:There is still a lot to be desired there.
Voices:It's all one big crapshoot, anywho.
Mostly Uncle Frank:We still have to listen to these kind of condescending label-ridden schemes that these people have, who seem to think we're too stupid to understand actual accounting terms like assets, liabilities, expenses. Instead, we've got to listen to babble about rocking retirement and minimum dignity floors and all sorts of other made-up terms. Look, honey.
Mostly Mary:I won Back up y'all this dog's about to bark, because when I win big, I win at Hoosier Park. A word to your mother.
Mostly Uncle Frank:But I have to tell you, the more I hear a financial advisor use terms like that, the more I think they really don't understand what they're talking about and they're not very curious because they've come up with a formula they think that works for their marketing purposes and that's what they're running with.
Voices:Your grandma took a little spill at the sand dunes. Today Broke her cockyx. What?
Mostly Uncle Frank:Since when does she go to the dunes? Anyway, trudy, I'm really glad you're here. I'm really glad you're showing us some interesting tricks with AI that I think will be even more impactful in the future, and it's really nice just to have another kindred spirit.
Voices:A little nonsense now and then is relished by the wisest man.
Mostly Uncle Frank:So thank you for doing what you do and thank you for your email.
Voices:There's a place for one, a time and a place for one and a place for us. Hold my hand and we'll have. We'll have. Hold my hand and I'll take you there Somehow, someday, somewhere, somewhere.
Mostly Uncle Frank:Last off. Last off of an email from Earl.
Voices:My name is Earl. I'm just trying to be a better person, so I made a list and, one by one, I'm going to make up for all my mistakes. Are you Santa? Ho, ho ho.
Mostly Uncle Frank:And Earl writes.
Mostly Mary:Hi Frank, thank you for sharing your portfolio strategy. My wife and I are very close to achieving financial independence. We are age 43 with a young child. However, we are living in an expensive part of the country. Reading your principles, can you further explain how you derive the 240 or 200 number you divide monthly balance for distribution? Where is that $240 or $200 coming from? Thanks, Earl. By the way, we are also from Washington DC, 400 Chevy.
Voices:Beamers and minivans, over 600 cars, trucks, suvs. Are you listening, man?
Mostly Uncle Frank:Well, welcome to the podcast, Earl. Thankfully, this is a relatively easy question.
Mostly Mary:You keep using that word. I don't think it means what you think it means.
Mostly Uncle Frank:What the 240 and the 200 represent are an easy way to calculate a monthly distribution when you are doing an annual distribution of 5% or 6%. So there are basically two ways you could calculate this. If you wanted to take a distribution out of a portfolio of $10,000 at a 5% annualized rate, first you would generally multiply the $10,000 at a 5% annualized rate. First you would generally multiply the $10,000 by 5%, and then you would divide that by 12 for the 12 months. Now another way of multiplying something times 5% is to divide it by 20. So you can take the $10,000, divide it by 20, you get 500, and then you divide that by 12 for the 12 months and you get something like $42. $41.67, actually. But to shorten that up, if you're going to divide something by 20 and then divide it by 12, you could do the same thing by dividing it by 240. Because if the 20 and the 12 were both in the denominator, you can multiply them.
Mostly Uncle Frank:20 times 12 is 240. 20 times 12 is 240. So the shorthand way of getting from a portfolio amount to a monthly distribution that matches 5% is to divide it by 240. And if you're doing 4%, then you need to divide the total by 300 for the monthly distribution. If you're doing 6%, you need to divide the total by 200. So these are just mathematical shortcuts, that's all they are. But play around with it on a calculator or with a piece of paper and you'll see what I mean.
Voices:Yes, well, it does sound like fun. I can't wait to start pawing through my garbage like some starving raccoon.
Mostly Uncle Frank:And you can go back to the portfolios page and see the annualized percentage and then the number that goes with that.
Mostly Uncle Frank:And so hopefully that helps and thank you for your email Release the hounds Now we're going to do something extremely fun, and the extremely fun thing we get to do now is our weekly portfolio reviews. Of the eight sample portfolios you can find at wwwriskparityradiocom on the portfolios page. And it's funny, september's usually a pretty bad month, but it's been a really good month for us so far, just a week into it. But just looking at the markets, the S&P 500, represented by VOO, is now up 11.15% for the year. The NASDAQ 100, represented by QQQ, is up 12.97% for the year. Small cap value, represented by VIOV, is up 3.38% for the year so far. Gold continues to be the big winner.
Voices:I love gold.
Mostly Uncle Frank:And is now up 36.91% for the year so far. That's our representative fund GLDM.
Voices:And that's the way. Uh-huh, uh-huh, I like it. Okay, see you on the sunshine bond.
Mostly Uncle Frank:Treasury bonds also had a good week. Representative fund VGLT is now up 5.01% for the year so far. Reits, represented by the fund REET, are up 8.16% for the year so far. Commodities, represented by the fund PDBC, are up 1% for the year so far. Preferred shares, represented by the fund PFFV, are up 3.12% and managed futures, represented by the fund DBMF, are managing to be up 2.19 for the year so far.
Mostly Uncle Frank:Now moving to these portfolios. First one's this reference portfolio called the all seasons. It's a little bit too conservative, but we keep around for comparison purposes. It is 30 percent in a total stock market fund, bti. It is 55 percent in intermediate and long-term treasury bonds and the remaining 15% in gold and commodities. It is up 1.36% for the month of September so far. It's up 9.4% year-to-date and up 18.77% since inception in July 2020.
Mostly Uncle Frank:Moving to these kind of bread-and-butter portfolios, first one's Golden Butterfly. This one is 40% in stocks, divided into a total stock market fund and a small cap value fund, 40% in treasury bonds divided into long and short, and the remaining 20% in gold GLDM. It is up 1.72% for the month of September. It's up 12.29% year to date and up 50.38% since inception in July 2020. Next one's the golden ratio. This one is 42% in stocks, divided into a large-cap growth fund and a small-cap value fund, 26% in long-term treasury bonds, 16% in gold, 10% in managed futures, dbmf and the remaining 16% in cash. It's up 1.94% for the month of September. It's up 11.62% year-to-date and up 45.05% since inception in July 2020. Next one's the risk parity ultimate kind of our kitchen sink. I'm not going to go through all 12 of these funds, but it is up 2.09% for the month of September. So far, it's up 11.06% year-to-date and up 32.54% since inception in July 2020. Now moving to these experimental portfolios that all involved leveraged funds.
Voices:Tony Stark was able to build this in a cave with a box of scraps.
Mostly Uncle Frank:Don't try this at home.
Voices:Well, well, you have a gambling problem first one's the accelerated permanent portfolio.
Mostly Uncle Frank:This one is 27.5 percent in a levered bond fund tmf. 25 in upro that's a levered s&p 500 fund. 22.5 percent in pffv, a preferred shares, and 22.5% in gold GLDM. It's up 3.39% for the month of September. That's one week. It's up 13.75% year-to-date and up 14.92% since inception in July 2020. Next one's the aggressive 50-50. This is the most levered and least diversified of these portfolios. It's one-third in a levered bond fund TMF, one-third in a levered stock fund UPRO, and the remaining third in ballast in a preferred shares fund and an intermediate treasury bond fund. It's up 2.75% for the month of September. So far. It's up 7.67% year-to-date but down 5.17% since inception in July 2020.
Mostly Uncle Frank:Next one's a levered golden ratio. This one's a year younger than the other ones. This one is 35% in a composite fund NTSX that's the S&P 500 and treasury bonds levered, up 1.5 to 1. 15% in a international small cap value fund AVDV. 20% in GLDM it's a gold fund. 10% in KMLM it's a managed futures fund. 10% in TMF it's a levered bond fund, and the remaining 10% divided into UDOW and UTSL, which are levered funds that follow the Dow and Utilities Index. It's up 1.67% for the month of September. So far, it's up 15.62% year-to-date and up 10.5% since inception in July 2021. And our last one is the newest one. It's only been around a little more than a year. It's the Optra portfolio. One portfolio to rule them all.
Voices:One ring to bring them all and, in the darkness, bind them in the land of more and more.
Mostly Uncle Frank:This is a return stacked portfolio. It's 16 in upro, which is a levered s&p 500 fund, 24 in av g, which is a levered S&P 500 fund, 24% in AVGV, which is a worldwide value-tilted fund, 24% in GOVZ, which is a treasury strips fund, and the remaining 36% divided into gold and managed futures, gldm and DBMF. It's up 2.25% for the month of September. So far it's up 13.98% year-to-date and up 17.3% since inception in July 2024. And that concludes our weekly portfolio reviews. Hopefully September will continue along at this pace. Maybe we should ask our crystal ball.
Voices:It's kind of looking at the aura around the ball, see the movement of energy around the outside of the ball.
Mostly Uncle Frank:But you know what our crystal ball always has to say.
Voices:We don't know. What do we know? You don't know, I don't know, nobody knows.
Mostly Uncle Frank:And with that, now our signal is beginning to fade. If you have comments or questions for me, please send them to frankatriskparodyradiocom. That email is frank at riskparityradarcom. Or you can go to the website wwwriskparityradarcom. Put your message into the contact form and I'll get it that way. I really would prefer that these days you send me an email, because I'm having a little bit of trouble recovering the new contact forms from the new website. But I'm working on it.
Voices:Are you stupid or?
Mostly Uncle Frank:something. But in the meantime, if you haven't had a chance to do it, please go to your favorite podcast provider and like, subscribe and be some stars. A follow, a review? That would be great. Okay, Thank you once again for tuning in. This is Frank Vasquez, with Risk Party Radio Signing off.
Voices:Lifted up again by the Lord. In the gentle evening breeze, by the whispering shade trees, I will find my sanctuary in the Lord. I got full for a scale. I was lifted up again. Lifted up again by the Lord, like a fool for a scare. I was lifted up again. I was lifted up again by the Lord.
Mostly Mary:The Risk Parity Radio Show is hosted by Frank Vasquez. The content provided is for entertainment and informational purposes only and does not constitute financial, investment tax or legal advice. Please consult with your own advisors before taking any actions based on any information you have heard here, making sure to take into account your own personal circumstances.
