Episode 102: Here We Go Once Again With The Emails And A Critique Of A Misguided Article

<p>In this episode we answer emails from Andrew and Karen, Nick, Chris and Brandon.  We discuss ETF expenses, an article about treasuries that misuses data in favor of a Crystal Ball,  the Holy Grail principle, vectors and volatility, rebalancing and Vanguard mutual funds.<br/><br/>Here are the links:<br/><br/>Referenced Article:  <a href='https://seekingalpha.com/article/4435079-tlt-no-reason-to-buy-long-term-treasuries-at-rock-bottom-yields'>iShares ETF TLT: No Reason To Buy Long-Term Treasuries At Rock-Bottom Yields | Seeking Alpha</a><br/><br/>2021 Correlation Analysis of TLT, SPY and VIOV:  <a href='https://www.portfoliovisualizer.com/asset-correlations?s=y&amp;symbols=SPY%2C+VIOV%2C+TLT&amp;startDate=01%2F01%2F2021&amp;timePeriod=1&amp;tradingDays=20&amp;months=12'>Asset Correlations (portfoliovisualizer.com)</a><br/><br/>Bond Convexity Article:  <a href='https://portfoliocharts.com/2019/05/27/high-profits-at-low-rates-the-benefits-of-bond-convexity/'>High Profits at Low Rates: The Benefits of Bond Convexity – Portfolio Charts</a><br/><br/>Ray Dalio Explains the Holy Grail Principle:  <a href='https://www.youtube.com/watch?v=Nu4lHaSh7D4'>Ray Dalio breaks down his &quot;Holy Grail&quot; - YouTube</a><br/><br/>Michael Kitces Optimized Rebalancing:  <a href='https://www.kitces.com/blog/best-opportunistic-rebalancing-frequency-time-horizons-vs-tolerance-band-thresholds/'>Optimal Rebalancing – Time Horizons Vs Tolerance Bands (kitces.com)</a><br/><br/></p>