Search found 200 matches

by manlymatt83
Mon Nov 04, 2019 9:55 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Re: Equal weight sector ETFs with SCV tilt?

SPYV - SPDR Portfolio S&P 500 Value ETF (ER 0.04%) Curious -- Paul Merriman recommends $RPV. Curious why you chose $SPYV? I actually hold them both. I have RPV in a Roth IRA in Paul's UBH portfolio and also SPYV in my TD Ameritrade HSA account which trades for free. Ah! What do you use for your...
by manlymatt83
Mon Nov 04, 2019 9:40 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Re: Equal weight sector ETFs with SCV tilt?

SPYV - SPDR Portfolio S&P 500 Value ETF (ER 0.04%) Curious -- Paul Merriman recommends $RPV. Curious why you chose $SPYV? I actually hold them both. I have RPV in a Roth IRA in Paul's UBH portfolio and also SPYV in my TD Ameritrade HSA account which trades for free. Ah! What do you use for your...
by manlymatt83
Mon Nov 04, 2019 9:32 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Re: Equal weight sector ETFs with SCV tilt?

Windylotus wrote: Mon Nov 04, 2019 9:27 pm SPYV - SPDR Portfolio S&P 500 Value ETF (ER 0.04%)
Curious -- Paul Merriman recommends $RPV. Curious why you chose $SPYV?
by manlymatt83
Mon Nov 04, 2019 9:21 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Re: Equal weight sector ETFs with SCV tilt?

1. I think that's fine if you're OK with potentially lagging (or overperforming) the market, and you're willing to deal with the hassle of rebalancing (or you can just create an account at M1 Finance). 2. SPDR's and Vanguard's sector funds both sound like reasonable options to me. I think Vanguard'...
by manlymatt83
Mon Nov 04, 2019 9:19 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Re: Equal weight sector ETFs with SCV tilt?

There are 5 SPDR sector ETFs: XLC (Communication Services), XLP (Consumer Staples), XLY (Consumer Discretionary), XLE (Energy), XLF (Financial). 20% in a few of those would be a huge deviation from where the market is at (select "Holdings" and scroll down to "Fund Sector Allocation&q...
by manlymatt83
Mon Nov 04, 2019 5:26 pm
Forum: Personal Investments
Topic: Equal weight sector ETFs with SCV tilt?
Replies: 18
Views: 925

Equal weight sector ETFs with SCV tilt?

I want to know what folks think of: 60% all SPDR sector ETFs, equal weight. 20% SLYV 10% DGS 10% DLS I believe in the small & value factor, but I also believe in not being overweight tech (or any other industry) in general and there's a premium to be had there as well. I've heard the SPDR sector...
by manlymatt83
Wed Oct 30, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6799
Views: 654281

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

So what are the reasons for NOT doing something like this? I don’t see many people playing devils advocate.
by manlymatt83
Mon Oct 21, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

Yes, both of those funds are generally positive in their factor exposures so it is a logical pairing in that regard. Just FYI, VFMF has quite a bit of size loading (due to its index construction) with a very modest value exposure. In fact, I think of all of the Vanguard factor funds as mid-small ca...
by manlymatt83
Mon Oct 21, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

Yes, both of those funds are generally positive in their factor exposures so it is a logical pairing in that regard. Just FYI, VFMF has quite a bit of size loading (due to its index construction) with a very modest value exposure. In fact, I think of all of the Vanguard factor funds as mid-small ca...
by manlymatt83
Mon Oct 21, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

Yes, both of those funds are generally positive in their factor exposures so it is a logical pairing in that regard. Just FYI, VFMF has quite a bit of size loading (due to its index construction) with a very modest value exposure. In fact, I think of all of the Vanguard factor funds as mid-small ca...
by manlymatt83
Mon Oct 21, 2019 4:29 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

^Highly simplified but hopefully gets your intuition going. This is an AWESOME explanation, thank you. It definitely answers my questions. Are $VFMF and $SLYV uncorrelated enough that one could hold both and capture the outperformance of both? While $SLYV is negative momentum, it's got the size and...
by manlymatt83
Mon Oct 21, 2019 4:15 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

^Highly simplified but hopefully gets your intuition going. This is an AWESOME explanation, thank you. It definitely answers my questions. Are $VFMF and $SLYV uncorrelated enough that one could hold both and capture the outperformance of both? While $SLYV is negative momentum, it's got the size and...
by manlymatt83
Mon Oct 21, 2019 3:46 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

I don't know why everyone is always harping about diversification benefits, correlation, and factor exposures. Price beta's and SD's of these funds are at reasonable levels. They all have 100 stocks or more. If tilting the market portfolio with a factor which one would give a higher total return lo...
by manlymatt83
Mon Oct 21, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

Agree with opposite here. So wouldn't one under-perform when the other is out-performing, and you could re-balance? Or does the re-balance simply return to status quo and I'm not thinking about it correctly. I am not sure how you are thinking about this. Maybe you can explain. I can tell you why Va...
by manlymatt83
Mon Oct 21, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Re: Understanding Single vs Multi Factor ETFs

I might help if you understand momentum and value are almost opposites. They are technically independent but not really. Take a group of 100 people. Select the 25 shortest. Then select the 25 heaviest. Then take their average height and weight. How close is that the average high and weight of the 1...
by manlymatt83
Mon Oct 21, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Understanding Single vs Multi Factor ETFs
Replies: 23
Views: 1269

Understanding Single vs Multi Factor ETFs

Hi all! I've been doing some research on iShares "Smart Beta" single and multi-factor ETFs: https://www.ishares.com/us/strategies/smart-beta-investing. It seems the factors can work independent of one-another, and you can own $MTUM and $QUAL (for example). However, I've read that it makes ...
by manlymatt83
Tue Aug 14, 2018 12:52 pm
Forum: Personal Investments
Topic: I would like to add a SCV tilt in International. What's the best ETF with low E.R.?
Replies: 22
Views: 2572

Re: I would like to add a SCV tilt in International. What's the best ETF with low E.R.?

Thanks! I didn’t make this portfolio with Merriman in mind. But I’ve been reading his stuff as of late. My portfolio used to be at Schwab and their traditional Intl exposure requires 3 ETFs from what I had originally read - hence SCHF, SCHZ and SCHE. When I moved this to M1 I just kept them and neve...
by manlymatt83
Tue Aug 14, 2018 12:08 pm
Forum: Personal Investments
Topic: I would like to add a SCV tilt in International. What's the best ETF with low E.R.?
Replies: 22
Views: 2572

I would like to add a SCV tilt in International. What's the best ETF with low E.R.?

Currently Portfolio is: 39.1% Schwab U.S. Broad Market ($SCHB) 16% Schwab International Equity ($SCHF) 9.1% SPDR S&P 600 Small Cap Value ETF (based on S&P SmallCap Value Index--symbol--CVK ($SLYV) 6.2% Invesco S&P Smallcap 600 Pure Value ($RZV) 6.1% iShares Edge MSCI USA Momentum Factor ...
by manlymatt83
Sat Aug 04, 2018 2:29 pm
Forum: Personal Investments
Topic: Isolated International Allocation Question
Replies: 9
Views: 627

Re: Isolated International Allocation Question

Thanks! So at that point, I wouldn't need SCHC at all as the others have small cap allocation already? Because SCHC and SCHF are so highly correlated, I'd say you could jettison either one of them. I'm of the opinion that if you have intl small cap and emerging markets, that's all the international...
by manlymatt83
Sat Aug 04, 2018 2:28 pm
Forum: Personal Investments
Topic: Isolated International Allocation Question
Replies: 9
Views: 627

Re: Isolated International Allocation Question

That's correct on SCHC. If this is in a taxable account, though, mind the capital gains before selling anything to make changes. In that case, if you can trade anything commission-free, I would recommend opting for best-in-class funds rather than just the lowest ER. This is kind of covered in the F...
by manlymatt83
Sat Aug 04, 2018 2:09 pm
Forum: Personal Investments
Topic: Isolated International Allocation Question
Replies: 9
Views: 627

Re: Isolated International Allocation Question

Also, FWIW, I can continue to trade Schwab's ETFs for free as well. I'm at M1 which is commission free across the board.
by manlymatt83
Sat Aug 04, 2018 2:08 pm
Forum: Personal Investments
Topic: Isolated International Allocation Question
Replies: 9
Views: 627

Re: Isolated International Allocation Question

Thanks! So at that point, I wouldn't need SCHC at all as the others have small cap allocation already?
by manlymatt83
Sat Aug 04, 2018 12:55 pm
Forum: Personal Investments
Topic: Isolated International Allocation Question
Replies: 9
Views: 627

Isolated International Allocation Question

My current International allocation is here: https://dashboard.m1finance.com/share/H4sIAAAAAAACA6tWKqksSFWyUspLLY8vyExV0lHKS8wFCXjmlaQW5SWWZObnJeYoBJfkJ2cXA2WLczKTU4uVrKKrlUrylayqYfqLU5NLizJLKoFKMlOA_FCDMBf_rGRTPxdPW6VaHaWC1KLk1LySxHSgYjODWh0itftWBWJoNyJeu5-LLzbtsbUAS2NM2fgAAAA It's essentially: 60%...
by manlymatt83
Mon Jul 23, 2018 4:59 pm
Forum: Personal Investments
Topic: Portfolio Changes
Replies: 4
Views: 555

Re: Portfolio Changes

Thank you for the advice! Much appreciated.

This is all in a non-taxable IRA.
by manlymatt83
Thu Jul 19, 2018 2:52 pm
Forum: Personal Investments
Topic: Portfolio Changes
Replies: 4
Views: 555

Portfolio Changes

Hi everyone, Obligatory info: Emergency funds: 6 month expenses Debt: No Tax Filing Status: Single State of Residence: MA Age: 34 Desired Asset allocation: 100% stocks / 0% bonds Desired International allocation: Reasonable! My retirement portfolio is currently the following: 45% SCHB (Schwab US Bro...
by manlymatt83
Sat May 19, 2018 9:19 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

The general rule is that you're wasting your time with allocations less than 5%. You add needless complexity to your account without moving the needle on returns. No matter how good you do with that portion, it gets buried when it is averaged into your total portfolio return. Even if it went to zer...
by manlymatt83
Sat May 19, 2018 8:04 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Got it. Thank you! That makes sense.
by manlymatt83
Sat May 19, 2018 6:36 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Wow, that simplified! You wouldn't try to tackle anything emerging markets? Meh, probably not. I wouldn't oppose it if you want to either though, in which case I'd shoot for approximating the total international market. My international exposure comes from total international market ETFs/funds, so ...
by manlymatt83
Sat May 19, 2018 6:36 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Here's what I would do SCHB Us Broad Market ETF, 46.9% 42-80% SLYV SPDR S&P 600 Small Cap ETF, 15.23% SCHF, Schwab International ETF, 14.95% 14-40% SCHH, Schwab REIT ETF, 10.06% SCHE, Schwab Emerging Markets ETF, 5% SCHC, Schwab International Small Cap ETF, 4.83% SCHZ, Schwab US Aggregate Bond ...
by manlymatt83
Sat May 19, 2018 6:26 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Any simplification recommendations would be appreciated! You are duplicating a lot asset classes and risk exposure. I'd probably simplify to something like this: SCHB Schwab US Broad Market ETF 40.00% SLYV SPDR S&P 600 Small Cap Value ETF 30.00% SCHF Schwab International Equity ETF 20.00% SCHZ ...
by manlymatt83
Sat May 19, 2018 6:09 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Wow, that simplified! You wouldn't try to tackle anything emerging markets?
by manlymatt83
Sat May 19, 2018 6:02 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

An IRA is not enough saved to expect a decent retirement. You will still get the best and most advice if you post your whole picture. For example, maybe you need to consider a Solo 401k or SEP IRA or SIMPLE IRA. Maybe you are not ready just yet. Keep it in mind for when you are. Got it. I max out m...
by manlymatt83
Sat May 19, 2018 6:00 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Goal: Diversified portfolio built from Schwab ETFs with a slight lean toward small cap value. Age: 35 Risk Tolerance: Aggressive Current breakdown: SCHB Us Broad Market ETF, 46.9% SLYV SPDR S&P 600 Small Cap ETF, 15.23% SCHF, Schwab International ETF, 14.95% SCHH, Schwab REIT ETF, 10.06% SCHE, ...
by manlymatt83
Sat May 19, 2018 5:56 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Unfortunately I'm self employed so I only have my IRA
by manlymatt83
Sat May 19, 2018 5:36 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Re: Would like to simplify my portfolio. Any thoughts?

Interesting points. As someone who is 35, do you think skipping SCHZ entirely too would be a mistake? I'd like to remain aggressive for a few more years at minimum....

What percentage do you have between SCHB, SLYV, SCHF, SCHE & SCHZ if I want a small cap value tilt?
by manlymatt83
Sat May 19, 2018 5:05 pm
Forum: Personal Investments
Topic: Would like to simplify my portfolio. Any thoughts?
Replies: 23
Views: 1649

Would like to simplify my portfolio. Any thoughts?

Goal: Diversified portfolio built from Schwab ETFs with a slight lean toward small cap value. Age: 35 Risk Tolerance: Aggressive Current breakdown: SCHB Us Broad Market ETF, 46.9% SLYV SPDR S&P 600 Small Cap ETF, 15.23% SCHF, Schwab International ETF, 14.95% SCHH, Schwab REIT ETF, 10.06% SCHE, S...
by manlymatt83
Thu Mar 01, 2018 5:54 pm
Forum: Personal Investments
Topic: Curious about my portfolio?
Replies: 8
Views: 985

Re: Curious about my portfolio?

The small percentages are because Personal Capital is telling me to! I was just following their suggestions. Yes, they actually suggest .8% :)
by manlymatt83
Thu Mar 01, 2018 11:31 am
Forum: Personal Investments
Topic: Curious about my portfolio?
Replies: 8
Views: 985

Re: Curious about my portfolio?

Thanks for both recommendations! And I really like the Schwab REIT as my 10% "alternatives" holdings, glad I'm using that.
by manlymatt83
Thu Mar 01, 2018 10:43 am
Forum: Personal Investments
Topic: Curious about my portfolio?
Replies: 8
Views: 985

Re: Curious about my portfolio?

Great, thank you! I dumped BOTZ.

Appreciate the advice.
by manlymatt83
Thu Mar 01, 2018 1:11 am
Forum: Personal Investments
Topic: Curious about my portfolio?
Replies: 8
Views: 985

Re: Curious about my portfolio?

Great advice! I was wondering where that extra tilt was coming from - BOTZ! BOTZ was my attempt to get a little risky on the AI side, especially since it's commission-free at Schwab. Maybe botz is something better held in an individual brokerage account then if I want to gamble on AI a bit? Since I'...
by manlymatt83
Thu Mar 01, 2018 12:38 am
Forum: Personal Investments
Topic: Curious about my portfolio?
Replies: 8
Views: 985

Curious about my portfolio?

I've decided to go the simple route - a modified 4 fund portfolio (from what I've read, anyway) that uses REITs as alternatives and has a small cap value tilt (hopefully!). Just so you know, a few months ago my IRA was all over the place - I randomly owned 100 shares of Jetblue and JNJ, for example,...
by manlymatt83
Tue Feb 06, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Gold is an excellent hedge because of its low to negative correlation with other asset classes. Because of this, its primary value is in rebalancing. During the great recession of 2008, Gold (ETF symbol: GLD) performed great. While the S&P 500 (ETF symbol: SPY) zigged, gold zagged. I charted th...
by manlymatt83
Wed Jan 31, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

That's great! Congrats! I wish there was a more aggressive version of this portfolio for someone just starting retirement savings. Perhaps 5% gold, 30% fixed income, 65% equity, rebalance quarterly, and diminish percentages over time (every 5 years perhaps?) Why not create your own "more aggre...
by manlymatt83
Wed Jan 31, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

That's great! Congrats! I wish there was a more aggressive version of this portfolio for someone just starting retirement savings. Perhaps 5% gold, 30% fixed income, 65% equity, rebalance quarterly, and diminish percentages over time (every 5 years perhaps?)
by manlymatt83
Tue Jan 30, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Thank you! I will definitely look into back testing. Appreciate it!
by manlymatt83
Tue Jan 30, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

glock19: Thank you! Based on recommendations given to me by a RA, I've been considering something like: 10.5% Gold 60.2% US Stocks, with a lean towards Small Cap 25.8% International Stocks 3% Bonds .5% Cash Sounds like from what you're saying, this might not be an awful approach then - especially if...
by manlymatt83
Tue Jan 30, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 789
Views: 181607

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I've been doing a lot of research on retirement strategies lately. I'm 34, and while luckily most of the years I've been maxing out my IRA have been during this long bull market, I honestly haven't really had a strategy... I've owned a bunch of stocks, some ETFs, but mostly have just been lucky. I w...