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asset allocation

Personal Finance

Model Portfolio Quarterly Update

In April 2022, I introduced on this blog The Italian Leather Sofa Model Portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best explanation to what I think is the most common question related to it, i.e. Read more…

By TheItalianLeatherSofa, 2 yearsJuly 10, 2023 ago
Personal Finance

Returns and Sequence of Returns

I recently watched a video made by an Italian content creator on Safe Withdrawal Rates and Sequence of Return Risk (even if I do not think he formally mentioned the two definitions ever). The video is done well and, as a bonus, the author shares his Python code so that Read more…

By TheItalianLeatherSofa, 2 yearsJune 26, 2023 ago
Personal Finance

Model Portfolio Enhancements

A year ago I introduced The Italian Leather Sofa model portfolio. The main goal was to put my money where my mouth is…even if, back in the day, it was only virtual money. In fact, the model portfolio is built using US-listed ETFs, and EU financial regulation prevented me from Read more…

By TheItalianLeatherSofa, 2 yearsJune 12, 2023 ago
Personal Finance

Model Portfolio Quarterly Update

In April 2022, I introduced on this blog The Italian Leather Sofa Model Portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best explanation to what I think is the most common question related to it, i.e. Read more…

By TheItalianLeatherSofa, 2 yearsApril 16, 2023 ago
Personal Finance

Defined-Outcome Strategy ETFs

Global X just launched two “defined-outcome” ETFs that are UCITS compliant (i.e. can be bought by European Investors): I thought I already wrote about this strategy, but I realised I only did a generic piece on structured products here. Innovator ETFs launched the first defined-outcome strategy ETFs about three years Read more…

By TheItalianLeatherSofa, 2 yearsMarch 17, 2023 ago
Portfolio construction

Why Investors Like Hedge Funds

If you regularly read trading/investing/personal finance stuff, there is a high chance you would, at least once, have stumbled across a title like “Hedge Funds underperform and yet continue to attract capital from investors”. At first (which means 20 years ago) the topic was interesting from a behavioral point of Read more…

By TheItalianLeatherSofa, 2 yearsFebruary 17, 2023 ago
Personal Finance

ETF Review: ASYMmetric S&P500 (ASPY)

Today I will review the ASYMmetric S&P500 ETF, ticker ASPY, in an unconventional way. I still remember when I listened to the very first episode of the Animal Spirit podcast because I was on holiday in Costa Rica, traveling by bus from the capital to a surf spot on the Read more…

By TheItalianLeatherSofa, 2 yearsFebruary 10, 2023 ago
Personal Finance

The Safe Withdrawal Rate is dead. Long live the Safe Withdrawal Rate

The Safe Withdrawal Rate is one of the most debated concepts about retirement. Why? The human being is a creature that needs certainty. Assurance. Certitude. We cannot accept that what happens to us is simply…random. The existence of humanity itself happened by chance. And yet we created religions, God(s), philosophy, Read more…

By TheItalianLeatherSofa, 2 yearsJanuary 17, 2023 ago
Personal Finance

Model Portfolio Quarterly Update

In April last year, I introduced The Italian Leather Sofa model portfolio. As a reminder, here is the portfolio composition: The idea behind the portfolio is stolen from here. The link offers the best explanation to what I think is the most common question related to it, i.e. why the Read more…

By TheItalianLeatherSofa, 2 yearsJanuary 11, 2023 ago
Personal Finance

ETF Review: UBS ETF CMCI Commodity Carry SF (UEQC)

When I tell people that Twitter is one of my best working tools, most of them think I am joking. Most of them do not use Twitter. Years ago, when FB was still a thing for under-65, someone correctly said that on FB you find the friends you have while Read more…

By TheItalianLeatherSofa, 2 yearsJanuary 4, 2023 ago

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