Episode 269: Fun With Goldmember, Portfolio Transitions And How To Value A Pension

<p>In this episode we answer emails from Drew, Barry and Rob.  We discuss an article about investing in gold from Larry Swedroe and how to read it and the articles cited therein correctly, transitioning from a 60/40 portfolio to a risk-parity style portfolio and taking distributions and how to evaluate a pension vs. a lump sum.  Groovy, Baby!<br/><br/>Links:<br/><br/>Swedroe Article:  <a href='https://www.wealthmanagement.com/alternative-investments/misguided-investor-expectations-risk-and-returns-gold'>Misguided Investor Expectations on the Risk and Returns of Gold | Wealth Management</a><br/><br/>&quot;The Golden Dilemma&quot; Paper:  <a href='https://deliverypdf.ssrn.com/delivery.php?ID=319121006065080090007109070098097104056074007011089060073095001025096007014073005125123036060024038014002025005101119084101023103054002035031026114110112120107067084030004079065027103085028029096106091008089094093104082102005122072094016115009002&amp;EXT=pdf&amp;INDEX=TRUE'>delivery.php (ssrn.com)</a><br/><br/>&quot;The Golden Rule of Investing&quot;  Paper:  <a href='https://deliverypdf.ssrn.com/delivery.php?ID=186110029069013094068078111118025081054087021052029007119069077009004024071020074065016043025056016121004082009124123010086084027086028018020068015009087121116022051001051081067102124115108102107126126115024125124082091122089105070025126089118072114&amp;EXT=pdf&amp;INDEX=TRUE'>delivery.php (ssrn.com)</a><br/><br/>Portfolio Visualizer Correlation Analysis of Swedroe suggestions and gold:  <a href='https://www.portfoliovisualizer.com/asset-correlations?s=y&amp;symbols=VTI%2C+GLD%2C+QSPRX%2C+SHRIX%2C+CCLFX&amp;timePeriod=2&amp;tradingDays=60&amp;months=36'>Asset Correlations (portfoliovisualizer.com)</a><br/><br/>YouTube Interview of Corey Hoffstein about rebalancing timing:  <a href='https://www.simplify.us/news-media/kis-ep21-corey-hoffstein-feel-lucky'>Keeping it Simple Ep. 21: Do I Feel Lucky? | Simplify</a><br/><br/>Immediate Annuities Calculator/Free Quotes:  <a href='https://www.immediateannuities.com/c/annuity-annu