Every investor did something stupid once upon a time. It's probably best I cannot access my old optionshouse.com account records.
It's best to learn these lessons early.
English
Mark Meredith, CFP®️
3K posts
Mark Meredith, CFP®️
@MarkTMeredith
Flat-Fee Fiduciary | Factor-Based Investing | Financial Planner | Dad of 4
Maryville, IL Katılım Mart 2012
282 Takip Edilen2.6K Takipçiler
@tourneytapes And Mizzou lost to Norfolk State the same day!
English
@MarkTMeredith Is this any different from 80/20 (4% withdrawal rate) portfolio?
English
I've always liked the two bucket strategy for retirement spending. It is not perfect, but it is very good.
English
@realMarkWygant I'd say it ranges from 5-10 years depending on one's willingness, need, and desire for long-term growth.
English
@MarkTMeredith The graphic is great. Quick question though… are you finding you recommend 5 yrs of withdrawals in your safe bucket for most clients or actually less or more?
English
Related post from @awealthofcs : awealthofcommonsense.com/2025/11/the-4-…
English
I think that is a fair point on the math, what I would counter is that spending down the safe bucket during a bear equity market means you exit the drawdown with a higher equity % than you started with, which is essentially a reverse equity glide path.
For that reason I would not say the benefit is entirely psychological.
English
@MarkTMeredith The benefit here is almost entirely psychological. And that’s a big deal, if it is the unlock for client adherence. But the math simply doesn’t support, particularly for a properly diversified asset mix which always has some relatively overweight holding to draw down.
English
@DadInvest Love it. What % of your portfolio do you allocate to the aspirational bucket?
English
@MarkTMeredith Three bucket guy here: personal risk, market risk, aspirational risk.
Source: Ashvin Chabra “Beyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors” (2005).
English
@realkpr16 That's not all too different than the reverse equity glidepath which shows good results. What do you normally recommend?
English
@MarkTMeredith I’ll just never get over the mental accounting. Let risk rise when stocks are flat or down relative to my entry price.
English
@JASfinance2020 That's true. It seems investors are not concerned about it until those limits are breached, then it's a rush to the exits.
English
@MarkTMeredith But there has always been a gate on redemptions, somewhere between 2.5% to 5.0% per quarter
English
My guess would be that when you throw up the gate on investor redemptions that it only increases their desire to get out.
English
7 years ago was a dark time. I was certain the business I just started would be ruined by a frivolous lawsuit.
10 weeks later our daughter was born just barely escaping the jaws of death at birth. The business had to be run temporarily from the NICU.
Those were bad times. Now we are living the good old days.
Mark Meredith, CFP®️@MarkTMeredith
Some people ask me what it's like to start an RIA. My first day people already were sending me letters congratulating me.
English
Yes, but if those losses were not being used against outside gains all along then the strategy wasn't delivering its core benefit. It's more of a wash then, and an investor paid for complexity they didn't need. Aperio shows very little benefit for ossified accounts who plan to liquidate:
English
@MarkTMeredith But you potentially have years worth of realized losses to offset the gains as you start to unwind. Right?
English
Direct indexing is compelling for concentrated positions, diversify while harvesting losses against your gains. Long-short indexing amplifies that, but the exit risk is underappreciated...
English
@nayrgrebtter1 Yes but it is greatly magnified in a direct indexing strategy, as the basis is being reset lower when losses are harvested.
English
Here's an update on how the original Avantis ETFs from September of 2019 are doing relative to their benchmarks (as of 12/31/2025). Factor investing is not dead.
English
@bryanhasling They’ll all be pumping international small cap value soon enough
English
While we’re at it where did all the QQQ bros go?
Bryan Hasling, CFP®@bryanhasling
I remember when advisors were a scam bc VOO did better than them. I am not hearing that anymore.
English
@markcecchini Depends how good or bad the additional baby is 😆. 0 to 1 is very hard, but I thought 3 to 4 was harder. All good now, youngest is almost 2.
English
curious what people’s thoughts are here
hardest parenting shift?
English
Funny how someone can be so right and so wrong at the same time.
You probably don't need as much wealth to retire, but you definitely can't have all that wealth in a high-yield savings account.
Inflation will eat you alive within a few decades.
Tekee@Tekeee
People think you need insane wealth to retire. In reality, ~$2M in a high-yield savings account at 4–5% generates $80k–$100k a year. That’s a complete salary… without working.
English