Shownotes Transcript
The following questions were sent to Paul during the 90 minute video) presented to Western Washington University alumni on February 10, 2023.
2:38 1. How much more do you get with AVUV which has higher fees than FISVX which is super low cost? Check out: BOGLEHEADS.ORG/REBALANCING) Check out: whitecoatinvestor.com/portfolio-rebalancing-spreadsheet/)
11:20 2. What are your thoughts on robo advisors and investing? Check out: whitecoatinvestor.com/top-robo-advisors///)
17:57 3. I have over $5 million and need very little to live on. I am 43% equities and 57% bonds. Is now the time to add more equities to a 60/40 asset allocation. Check out: https://paulmerriman.com/fine-tuning-your-asset-allocation/) You will find article, podcast and tables on the page
22:25 4. I only need to take out 2% a year to meet my cash needs. Most of my investments will eventually go to children and charities. Is an 80% or 90% equities position appropriate? Check Out: https://paulmerriman.com/2021-fixed-distributions/) For article, tables and podcast
27:00 5. What are the conditions (time/wealth) that suggest hiring an advisor? How do you find one? Check out: https://paulmerriman.com/wp-content/uploads/2013/03/get-smart-or-get-screwed-how-to-select-the-best-and-get-the-most-from-your-financial-advisor1.pdf)
31:57 6. What changes should a 50-something make to boost the returns of a 401k?
35:20 7. What is your advice for a parent to persuade their adult children to educate themselves about investing?
**42:22 **8. What do you mean by rebalancing and what are the tools and strategies you can use to do the rebalancing?
49:36 9. What do I do with penny stocks that are down 80% to 90%?
51:10 10 What are the relative tax implications of the Total Market Index and small cap value, REITS and large cap value?
**56:00 **11. What are the returns of combining U.S. large cap value, U.S. small cap blend, international large cap blend and international small cap value? Check out: https://paulmerriman.com/wp-content/uploads/2022/06/Sound-Investing-Portfolios.pdf)
58:30 12. The Fidelity Target Date Funds have very high expenses. Should I still use them even though the expenses are higher?
1:01 13. Do you recommend a solo 401k or SEP IRA for a single employer who will never have any employees? Check out: solo401k.com)