Optimized Portfolio | John Williamson, APMA® @OptimizedPort
Writes about investing. Part research, part ramblings. Intrigued by Return Stacking®. Tweets ≠ advice. YouTube vids at https://t.co/ITcRYaIGTA optimizedportfolio.com USA Joined September 2020-
Tweets4K
-
Followers2K
-
Following65
-
Likes3K
I get to see performance chasing literally visualized in real time like this all the time. Here's the recent performance of a gold ETF alongside views on my video about gold ETFs:
“The difference between a 1% fee and no fee is over a 6 figure difference” Sure… But you’re assuming that person does all the right things: - manages behavior - gets tax location right - tax loss harvests - knows how to withdraw - rebalances - etc And this is only investments…
$VBIL - Vanguard's new ETF for T-bills < 3 months - has quickly amassed nearly $3B in about 6 months. Its fee of 0.07% is slightly lower than that of the stalwart $SGOV at 0.09%. I briefly compared them here: optimizedportfolio.com/vbil-vs-sgov/
Reminder that this graph the dividend bros love so much is flat out false: mebfaber.com/2017/04/26/div…
Reminder that this graph the dividend bros love so much is flat out false: mebfaber.com/2017/04/26/div…
If you're a taxable investor, you don't want dividends... “From 1993 through 2024, our estimates suggest that the annual tax drag on SPY dividend distributions was around 26 basis points per year” For example, we estimate that funds such as JEPQ, JNK, or QYLD might incur…
The weirdly vehement anti-IRA crowd seems to forget the glaring fact that even FIRE folks are probably going to live past 60 years old...
The weirdly vehement anti-IRA crowd seems to forget the glaring fact that even FIRE folks are probably going to live past 60 years old... https://t.co/qtXFGvsXzy
Should some people fire their advisor? Yes. Would some DIYers benefit from a good advisor? Also yes. The whole "nobody needs an advisor" thing is nonsense and needs to go away.
1. We can't just throw around the term "risk" vaguely and cavalierly. Specificity matters with this stuff. I assume Nick is referring to inflation risk here, but most people colloquially recognize and experience risk as short-term downside volatility, for which, yes, stocks are…
1. We can't just throw around the term "risk" vaguely and cavalierly. Specificity matters with this stuff. I assume Nick is referring to inflation risk here, but most people colloquially recognize and experience risk as short-term downside volatility, for which, yes, stocks are…
Stocks definitely tend to preserve purchasing power the best long-term, but U.S. inflation (CPI) has been right at 3% annualized over the last century, and nominal T-bill and 10Y bond returns have been about 3.3% and 4.8% respectively over the same period, so it is incorrect to…
Stocks definitely tend to preserve purchasing power the best long-term, but U.S. inflation (CPI) has been right at 3% annualized over the last century, and nominal T-bill and 10Y bond returns have been about 3.3% and 4.8% respectively over the same period, so it is incorrect to…
Reminder: Dollar cost averaging (DCA) - consciously spreading out a sum of money at intervals - is delaying investment, which is itself a form of market timing, and tends to be inferior to lump sum investing (LSI), which is investing all money as it becomes available. I think…
Reminder: Dollar cost averaging (DCA) - consciously spreading out a sum of money at intervals - is delaying investment, which is itself a form of market timing, and tends to be inferior to lump sum investing (LSI), which is investing all money as it becomes available. I think…
Reminder that productivity ≠ stock returns and that, while perhaps counterintuitive at first glance, tech "revolutions" tend to be somewhat poor investments: pwlcapital.com/investing-tech… But I'm also not sure how any of these premises would render buying the S&P an "outdated" idea.
Reminder that productivity ≠ stock returns and that, while perhaps counterintuitive at first glance, tech "revolutions" tend to be somewhat poor investments: pwlcapital.com/investing-tech… But I'm also not sure how any of these premises would render buying the S&P an "outdated" idea.
Reminder that there are demonstrably safer and more diversified products than these 2 U.S. dividend ETFs.
Reminder that there are demonstrably safer and more diversified products than these 2 U.S. dividend ETFs.
A good financial advisor who understands biases would likely recognize that many prefer to have a dedicated, stable emergency fund because it feels better emotionally. My sizable taxable account serves as my emergency fund, but I'm the first to point out the psychological…
A good financial advisor who understands biases would likely recognize that many prefer to have a dedicated, stable emergency fund because it feels better emotionally. My sizable taxable account serves as my emergency fund, but I'm the first to point out the psychological…
Most people experience risk as short-term volatility, for which bonds are not more risky than stocks. In terms of long term purchasing power risk, bonds are indeed arguably "riskier" than stocks. It's important to define and contextualize the "risk" to which we're referring.
Most people experience risk as short-term volatility, for which bonds are not more risky than stocks. In terms of long term purchasing power risk, bonds are indeed arguably "riskier" than stocks. It's important to define and contextualize the "risk" to which we're referring.
Reminder that "live off the dividends" is just a great way to unnecessarily delay retirement, as you'd be drawing from a smaller subset of the portfolio instead of the whole thing. So many people don't seem to understand this simple mathematical fact (or the 4% Not-a-Rule).…
Reminder that "live off the dividends" is just a great way to unnecessarily delay retirement, as you'd be drawing from a smaller subset of the portfolio instead of the whole thing. So many people don't seem to understand this simple mathematical fact (or the 4% Not-a-Rule).…
Lost Decade 2000-2009 begs to differ. As does 1950-1989. As do many extended rolling periods historically. Massive US dominance is a pretty recent phenomenon: mebfaber.com/2019/07/08/i-d… But of course, the salient comparison is not US vs. ex-US, but rather US vs. global. Subtle but…
Lost Decade 2000-2009 begs to differ. As does 1950-1989. As do many extended rolling periods historically. Massive US dominance is a pretty recent phenomenon: mebfaber.com/2019/07/08/i-d… But of course, the salient comparison is not US vs. ex-US, but rather US vs. global. Subtle but…
Tune in over the next 2 weeks for a series of tweets in which I make the exact opposite claims of the ones I'm quoting.
at this point, I feel like @choffstein deserves a 5 bp royalty for all these new portable alpha/return stacking funds launched within the last 6 months
at this point, I feel like @choffstein deserves a 5 bp royalty for all these new portable alpha/return stacking funds launched within the last 6 months
@CDInewsletter There's the rub, though. By definition, novices don't know how to discern between what is good and bad advice. I think your premise overlooks that fact entirely. As a recent salient example, just look at all the young people piling into sketchy, expensive "income" funds because…
Republican version of this is trading now too. Ticker is $GOP.

Nomadic Samuel @NomadicSamuel
25K Followers 390 Following Travel Blogger. SEO Nerd. Amateur Investor. YouTube Partner in crime w/ @ThatBackpacker: (Eng) https://t.co/48Nr8aILrK + (Esp) https://t.co/ALWcbZO0aw (Not Advice)
HML_Compounder @HML_Compounder
5K Followers 1K Following Engineer with an interest in systematic investing.
Wes Gray 🇺🇸 @alphaarchitect
49K Followers 4K Following Marine. Ph.D. Dad x3. RIA/blog/education: https://t.co/uYiYwqvK7J ETFs: https://t.co/uSfV8O19zS White label ETF: https://t.co/gGlhaJsd2B
Cameron Passmore @CameronPassmore
5K Followers 1K Following Helping Canadian families plan and manage their serious long-term money. Executive Chairman & Portfolio Manager @PWLCapital; Co-host @RationalRemind.
Dominant Portfolio @DominantPort
452 Followers 366 Following Sharing academic-based #investing material and musings Not financial advice. Pursue your own journey
Mark Meredith, CFP®�... @MarkTMeredith
2K Followers 285 Following Flat-Fee Fiduciary | Factor-Based Investing | Financial Planner | Dad of 4
Vik Pansare @pansareV
1K Followers 1K Following Scientist, ex-management consultant, aspiring UFO hunter, and purveyor of fine scotch
Luke Swanson @Luke_Swanson_
1K Followers 1K Following "You heard about Pluto? That’s messed up, right?" #BoomerSooner always
HonestMath.com @honest_math
9K Followers 419 Following Exceptional resources for investors and advisors. The most powerful and easy-to-use retirement simulator on the web.
Adam Butler @GestaltU
19K Followers 3K Following CIO of ReSolve Asset Management. Tweets and/or views do not represent ReSolve’s investment positioning.
Rodrigo Gordillo @RodGordilloP
4K Followers 923 Following President & Portfolio Manager at ReSolve Asset Management SEZC, co-contributor of GestaltU Quant Blog/Podcast. Return Stacking //Systematic Global Macro.
Benjamin Felix @benjaminwfelix
26K Followers 242 Following Helping Canadians make better financial decisions. Chief Investment Officer, Portfolio Manager @PWLCapital; co-host @RationalRemind. Meet with PWL ⬇️
Mark McGrath @MarkMcGrathCFP
21K Followers 2K Following I help Canadian physicians treat financial uncertainty. CFP®, CIM®. DM's are always open. New book out now - grab a copy below ⬇️
Portfolio Charts @PortfolioCharts
3K Followers 161 Following Using clear data to help DIY investors find a portfolio to love
Risk Parity Chronicle... @rp_chronicles
492 Followers 80 Following Join me as I dive further into the world or risk parity! Financial education, not financial advice. Prepare don't predict
Jagdeep Mavi @jagmavi
2K Followers 2K Following Multi-Asset Diversification + Momentum (CS & TS) + Tail Protection = A Better Way To Do Momentum. Keep it simple, stupid. Not advice.
Cullen Roche @cullenroche
96K Followers 2K Following Founder & CIO @disciplinefunds 📊 | Author @pragcap 📖| PM of DSCF 💰| Defined Duration Investing ⌛| Board at Cambria ETFs 💸
Jason Pereira @jasonpereira
9K Followers 1K Following Partner & Financial Planner @woodgatefi, Ex.Pres. @fpacanada, Director @advancedplanner, fintech expert, writer, podcaster, speaker, lecturer, etc. 🇨🇦🇵🇹
SUskibum @SUskibum
171 Followers 2K Following
EveMorris @9GyR3Iiex0P704e
3 Followers 817 Following
J. Greg Moses @jgregmoses
0 Followers 238 Following
tubular adenoma @tubularadenoma
25 Followers 27 Following
Kvetch 22 @q87fm2p
1 Followers 1K Following
Sandeep Singh @SFin03
2 Followers 10 Following Research Scholar IIT (ISM) Dhanbad, India Masters (BHU) Interests -Portfolio Optimization, crypto, Behavioural Finance
Cali Nichols @R0l1I47Thu0s4j
6 Followers 925 Following 30%+ growth goal | 2 high-conviction US setups. Join for live trade plans and watchlist updates. @Westcsrant
Cuhag @cuhag52974
0 Followers 139 Following
Joyride Universe @JoyrideUniverse
526 Followers 3K Following
richard:svoboda @RSvoboda432
835 Followers 3K Following 🏴 born abroad but czechoslovak patriot.
Bobby Price @REPrice122766
0 Followers 65 Following
Tatiana Guimarães @TatiGuima_
2K Followers 6K Following Ela é carioca,na Tríplice Fronteira, Caminhando...
Emma @natsuxxbear
0 Followers 597 Following Life experience is a journey of continuous learning and growth. From failure to success, every step has shaped who you are today.
Lawvaw @Lawvaw4602882
104 Followers 3K Following
Ramón Antonio Jimén... @genuimentor
453 Followers 840 Following 🤨 Especialista #ZeroTrust 🥇 Experto #SEO E-E-A-T
BrentG @brentg
304 Followers 3K Following “We are all in the gutter, but some of us are looking at the stars.” UI, UX, Product, Investing, Trading…
James Singeon Smythe ... @WarningMinimums
36 Followers 375 Following Skeptic, contrarian, former nice guy, overly-conservative investor 📉. Perpetually disappointed by the absolute state of things 🗡️🐦🔥🍂
Why @anon61584410
0 Followers 2K Following
DianaPhilip @4vJ746897R38pu
56 Followers 2K Following
King Investing@👑(F... @kinginvestingo
3 Followers 335 Following Long Term Investing| Dividend Stocks| Motivation Portfolio Battle| Dad| Not Financial Advice👑 https://t.co/uXJ8KVhf5Y
The Evidence Based In... @theebinvestor
61 Followers 91 Following Post about financial research and systematic investing. BBA I MS I MBA I MTL I EE-PFA @Wharton I CEO/CIO I Posts Not Financial Advice
Annabella Mary @annabella77067
0 Followers 27 Following
ReneeLeopold @P372mho84Gp7Ex
33 Followers 1K Following
Kevin Duerr @Kpduerr
0 Followers 233 Following
Audrey Jones @AudreyJone14566
11 Followers 87 Following
krishnaravi787 @krishnaravi787
27 Followers 353 Following
Bruno Sa de La Rocque... @SaRocque27826
0 Followers 3 Following
Kathy Gillispie @gillispie_kathy
20 Followers 85 Following
John J Hegi Jr. @johnhegi
213 Followers 2K Following
Flee A @d795vwa
32 Followers 302 Following
Erik Krueger @erikkrueger35
156 Followers 591 Following Physical Therapist, Health/Med Lead: @healthbankDAO @blockfitapp Owner:The Pursuit: Outdoor Performance
Zeke Barber @ZekeBarber1980
15 Followers 171 Following
Jeremy Milford @jeremymilford
352 Followers 568 Following Catholic | “The world promises you comfort, but you were not made for comfort. You were made for greatness.” - Pope Benedict XVI | WSU DPT | Fowler, KS
Citizen @citizen15672243
26 Followers 350 Following
wesley @cparunner17
78 Followers 688 Following
SmartContractor @JuicyJuice0070
49 Followers 264 Following
Uğur Uçar @uucar73
475 Followers 6K Following
Seetharama Sarma Ayya... @sarmaayyadevara
3 Followers 76 Following
Lily Johnson @LilyJohnso45020
5 Followers 101 Following
M @mmmddd1234m
156 Followers 875 Following
Brian Feroldi.|.S.|.p... @_BrianFeroldi_1
237 Followers 3K Following • I Teach Investors How To Analvze Businesses I Stock Fundamentals & Valuation Teacher | DM me "BUFFETT" for premium courses | Free Investing eBook
Ben Carlson @awealthofcs
291K Followers 739 Following Trying to bring some common sense to the world of finance. Book: https://t.co/c53AckMaZF Podcast: https://t.co/GrhZZzIjLv
HML_Compounder @HML_Compounder
5K Followers 1K Following Engineer with an interest in systematic investing.
Clifford Asness @CliffordAsness
155K Followers 1K Following https://t.co/SqAanFKORB. https://t.co/NbcMFHWbR4. Chaotic good.
Meb Faber @MebFaber
135K Followers 3K Following Founder:@cambriafunds,@theideafarm Pod: https://t.co/CvHIZ68yqU Free books: https://t.co/gm0ghOal8Q Youtube: https://t.co/rRz68ARyqV Email: mf@cambriainvestments
Corey Hoffstein 🏴�... @choffstein
79K Followers 1K Following CEO & CIO, Newfound Research | 🥞 Return Stacked® ETFs | 🌊 Liquidity Cascades | 📆 Rebalance Timing Luck | ⚡️ Risk cannot be destroyed, only transformed.
Rick Ferri, CFA @Rick_Ferri
31K Followers 614 Following "Bogleheads on Investing” podcast host; advice-only financial adviser; authored six books on index funds, ETFs & asset allocation; retired Marine fighter pilot.
Nick Maggiulli @dollarsanddata
183K Followers 428 Following Helping people build wealth since 2017. Author of Just Keep Buying (https://t.co/q98gHouElD) & The Wealth Ladder (https://t.co/UUf1a8ZLTO)Jason Zweig @jasonzweigwsj
236K Followers 2K Following Investing columnist for @WSJ. Editor, Benjamin Graham's *The Intelligent Investor.* Author, *Your Money and Your Brain* and *The Devil's Financial Dictionary.*
Wes Gray 🇺🇸 @alphaarchitect
49K Followers 4K Following Marine. Ph.D. Dad x3. RIA/blog/education: https://t.co/uYiYwqvK7J ETFs: https://t.co/uSfV8O19zS White label ETF: https://t.co/gGlhaJsd2B
Cameron Passmore @CameronPassmore
5K Followers 1K Following Helping Canadian families plan and manage their serious long-term money. Executive Chairman & Portfolio Manager @PWLCapital; Co-host @RationalRemind.
MichaelKitces @MichaelKitces
93K Followers 461 Following One nerd’s perspective on the financial planning world… CFP, #LifelongLearner, Entrepreneur-In-Denial, Advisor #FinTech, & publisher of the Nerd’s Eye View blog
Larry Swedroe @larryswedroe
19K Followers 176 Following My life's mission is to educate people about the right way to invest. Author of 18 books on investing, the latest of which is Enrich Your Future
Thomas Kopelman 💵 @TKopelman
37K Followers 578 Following Advising 7 figure Entrepreneurs and Executives in their 30s-50s to build wealth. Co-Founder @AllStwealth
Rational Reminder Pod... @RationalRemind
7K Followers 118 Following Official twitter account for the Rational Reminder Podcast. Hosted by @CameronPassmore and @Benjaminwfelix from @pwlcapital
Luke Swanson @Luke_Swanson_
1K Followers 1K Following "You heard about Pluto? That’s messed up, right?" #BoomerSooner always
HonestMath.com @honest_math
9K Followers 419 Following Exceptional resources for investors and advisors. The most powerful and easy-to-use retirement simulator on the web.
Adam Butler @GestaltU
19K Followers 3K Following CIO of ReSolve Asset Management. Tweets and/or views do not represent ReSolve’s investment positioning.
Rodrigo Gordillo @RodGordilloP
4K Followers 923 Following President & Portfolio Manager at ReSolve Asset Management SEZC, co-contributor of GestaltU Quant Blog/Podcast. Return Stacking //Systematic Global Macro.
Benjamin Felix @benjaminwfelix
26K Followers 242 Following Helping Canadians make better financial decisions. Chief Investment Officer, Portfolio Manager @PWLCapital; co-host @RationalRemind. Meet with PWL ⬇️
Avantis Investors @avantisinvestor
3K Followers 39 Following Follow us for updates on Avantis Investors.
Aravind Sithamparapil... @AravindSitham
3K Followers 867 Following Associate at Ironwood Wealth Management specializing in Midwives & Young Professionals in career/life transition. Tweets are not advice. He/Him
Layne Norton, PhD @BioLayne
223K Followers 336 Following Dad. Natural Pro BBer. Nutritional Sci. PhD, 5x Powerlifting Nat Champ. 2x M1 World Champ. BS Crusher @carbondietcoach co-founder
Stefan Schumacher @DeathStripMall
449 Followers 400 Following Read my latest on the Total Returns Substack: https://t.co/AESarS3NGz
Examine.com @Examinecom
31K Followers 15 Following Examine analyzes and summarizes the latest scientific research to help you be healthier.
Lazy Canadian Investo... @JimChuong
29K Followers 0 Following Turned $300 into a multimillion dollar retirement at age 40. Education. Not advice. A lazy Canadian investor in U.S. real estate and U.S. stocks.
Dr. Rhonda Patrick @foundmyfitness
611K Followers 215 Following Ph.D in biomedical science interested in nutrition, brain & aging. Host of FoundMyFitness podcast https://t.co/rirQwqebxL
Nikki Dunn, CFP® @SheTalksFinance
10K Followers 957 Following Wealth Planning For DIY Traders/Investors & Biz Owners. *Market, Macro & Money Takes*
Jack Vogel @jvogs02
5K Followers 489 Following Alpha Architect team member, Philadelphia sports fan, father of 3 daughters
ETF Hearsay by Henry ... @ETFhearsay
11K Followers 1K Following 𝐇𝐄𝐀𝐑𝐒𝐀𝐘=𝗛enry's 𝗘TF, 𝗔lert, 𝗥esearch, & 𝗦trategic 𝗔nalysis s𝗬stem ETF Analyst @BBGIntelligence • xSPDR • xiShares • Opinions are my own @Bloomberg
Allen Mueller, CFA, C... @7Saturdaysaweek
3K Followers 279 Following Founder of 7 Saturdays Financial, a Dallas-based wealth management firm 🏔️ We help high-performers retire with confidence • Tweets ≠ financial advice
City of Charleston @CityCharleston
84K Followers 371 Following Official Tweets from the City of Charleston, South Carolina
UNPLUGGED PERFORMANCE @UnpluggedTesla
39K Followers 659 Following The global leader of Tesla performance upgrades. Est.2013. We make bespoke complete cars and upgrade parts next-door to Tesla & SpaceX in Hawthorne, CA
Sawyer Merritt @SawyerMerritt
966K Followers 402 Following EV/space/tech news. Bringing you the latest news in a single, easy-to-read feed. $TSLA investor & Model Y owner.
Tesla North America @tesla_na
86K Followers 21 Following Accelerating the world’s transition to sustainable energy
game-book-life @game_book_life
606 Followers 430 Following Unconstrained investor, SaaS sales guy, board game nerd.
Jason Pereira @jasonpereira
9K Followers 1K Following Partner & Financial Planner @woodgatefi, Ex.Pres. @fpacanada, Director @advancedplanner, fintech expert, writer, podcaster, speaker, lecturer, etc. 🇨🇦🇵🇹
Jose Ordoñez Jr. @JOrdonezJr
723 Followers 182 Following VP - Financial Education at Alpha Architect. Factor Investor: Value, Momentum, Trend. 🙌🏽
The Compound @TheCompoundNews
47K Followers 0 Following Finance - Investing - Trading - Economy - Tech - Media https://t.co/yzwRchxJna
Return Stacked® Port... @returnstacked
816 Followers 2 Following Unlocking the benefits of diversification. Make room for alternatives without having to sacrifice core stock and bond exposure. 🥞
Rubin J. Miller, CFA @RubinJMiller
3K Followers 365 Following Founder, CIO, Advisor @ https://t.co/ObKmCNJSuq | ex-DFA | SXSW 2023+2024 | Forbes | Inactive Chess Master | https://t.co/SEFJpHcLuz | tweets ≠ advice
Rob Berger @Robert_A_Berger
5K Followers 304 Following YouTuber: https://t.co/ywAUFlxweV • Investor • Speaker • Author: https://t.co/4CCaYrk0E2 • Chess Fanatic (e4, best by test)
Index Fund Advisors @IFAdotcom
3K Followers 318 Following Providing wealth management by utilizing risk-appropriate, returns-optimized, and tax-managed portfolios of index funds.
Jess Bost, CFP® @lady__bost
9K Followers 4K Following We cannot all do great things, but we can all do small things with great love. -Mother Teresa
Jim Bianco @biancoresearch
494K Followers 1K Following Macro investment research at https://t.co/hQqAza8GGP Our total return index is at https://t.co/vta9eqevnU The ETF WTBN tracks our Index. biancoresearch.eth
Wade Pfau @WadePfau
13K Followers 3K Following Founder of https://t.co/vd8YIGB1gl & https://t.co/oy0DmbshGe, Author of Retirement Planning Guidebook, Professor at The American College, Host of Retire with Style
Mark McGrath @MarkMcGrathCFP
21K Followers 2K Following I help Canadian physicians treat financial uncertainty. CFP®, CIM®. DM's are always open. New book out now - grab a copy below ⬇️
Travis Gatzemeier, CF... @T_Gatzemeier
8K Followers 775 Following Outdoorsman | Biz owner | I help entrepreneurs and stock-compensated professionals create financial independence
Engineer Investor @egr_investor
3K Followers 908 Following An electrical engineer’s approach to saving, investing, and personal finance. These are my opinions and not investment advice.
etf.com @etfcom
36K Followers 1K Following The Single Source for ETF Intelligence. Follow us for the latest updates and insights on the #ETF industry.
Jeremy Schwartz @JeremyDSchwartz
21K Followers 3K Following Global Chief Investment Officer @WisdomTreeFunds. Host of Behind the Markets Podcast https://t.co/vIyXAnNYli
Newfound Research @thinknewfound
4K Followers 177 Following While other firms focus on alpha, our first focus is on managing risk. 📚 https://t.co/KwqP4RXlX7 🎙 https://t.co/zuCGrJmYJb
ReSolve Asset Mgmt @InvestReSolve
5K Followers 721 Following 🤖 Systematic Global Macro 🌎 🦎 Adaptive Asset Allocation ⚖️ Risk Parity 🥞 Return StackedTM ETFs Qualified Persons inquire directly
Jason Wenk @jasonwenk
7K Followers 1K Following Founder+CEO @altruist. Building technology to make financial advice better, more affordable, and accessible to everyone.
Altruist @altruist
5K Followers 107 Following For RIAs who want better outcomes, lower fees, and more time to do the real work of helping clients. Altruist Financial LLC, Member FINRA/SIPC