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You are here: Home / Archives for Portfolio Construction

Financial Repression: Another Perspective

May 3, 2026 By hedgehunter 10 Comments

I have found Lowell’s recent posts on this subject very interesting – so I asked Claude (AI) for his/her suggestions: “Here’s a Financial Repression-resistant ETF portfolio for a retiree. Financial repression = central banks keeping real rates negative, inflating away debt — erodes cash, bonds, and nominal assets. The defense: hard assets, inflation-linkers, real yields, […]

Filed Under: Critical Material, Portfolio Construction Tagged With: Critical Material, Portfolio Construction

Financial Repression: Part III

May 1, 2026 By Lowell Herr 9 Comments

If you have been reading this blog and/or following the appointment of the new FED Chairman you are aware of the potential or possibility of how the United States will work its way out of the 39 Trillion dollar debt – and growing at an alarming rate.  The four ways to reduce the national debt […]

Filed Under: Portfolio Construction, Critical Material, Portfolio Management, Risk Management Tagged With: Portfolio Construction

Bethe Portfolio Review: 9 April 2026

April 9, 2026 By Lowell Herr Leave a Comment

Bethe is the second portfolio to be reviewed today.  Like the Millikan, the Bethe is holding a significant percentage in cash as the current equities market is overvalued or overbought.  At this point I am in a waiting game to see what might trigger a market correction or worse.

Filed Under: Bethe Portfolio, Asset Allocation, Passive vs. Active, Portfolio Construction, Portfolio Management Tagged With: Bethe Portfolio, Portfolio Construction

Copernicus Portfolio Update: 24 December 2025

December 24, 2025 By Lowell Herr Leave a Comment

Merry Christmas Copernicus is the last portfolio up for review before Christmas.  The major change is to reduce holdings in VOO and shift the percentage over to RSP.  The reason for this move is to reduce exposure to mega-cap stocks that are over-valued and to increase exposure to mid- and small-cap stocks.  The “all U.S. […]

Filed Under: Copernicus Portfolio, Passive vs. Active, Portfolio Construction Tagged With: Copernicus Portfolio, Portfolio Construction

Copernicus Portfolio Update: 14 December 2025

December 13, 2025 By Lowell Herr Leave a Comment

Copernicus is an equity oriented portfolio designed for young investors or folks who have 10 to 15 years of investing ahead.  Investors in retirement who are still able to save a modest amount each month are encouraged to use this asset allocation for at least one portfolio.  While the target percentages will vary from investor […]

Filed Under: Asset Allocation, Copernicus Portfolio, Passive vs. Active, Portfolio Construction, Portfolio Management Tagged With: Asset Allocation, Copernicus, Portfolio Construction

Bethe Asset Allocation Portfolio Update: 4 November 2025

November 4, 2025 By Lowell Herr Leave a Comment

Bethe is the portfolio up for review this morning.  This portfolio is constructed primarily of equity ETFs and as such is taking a hit this morning.  Is this the draw-down we have expected for months or only a momentary pause?  To be determined over the next several months.  As readers will see, I am taking […]

Filed Under: Bethe Portfolio, Asset Allocation, Passive vs. Active, Portfolio Construction, Portfolio Management Tagged With: Bethe Portfolio, Portfolio Construction

Finding Suitable Closed-End-Funds (CEFs)

October 25, 2025 By Lowell Herr 9 Comments

In a few weeks I will be updating the Kepler, a portfolio populated by closed-end-funds.  Which CEFs to choose for inclusion continues to be a source of frustration.  This week I’ve been using ChatGPT as a source of help in selecting CEFs.  Today I asked ChatGPT to create a portfolio of 30 closed-end-funds where the […]

Filed Under: Portfolio Construction, Asset Allocation, Critical Material, Kepler Portfolio, Portfolio Management Tagged With: Portfolio Construction

Portfolio Construction: Where to Begin?

October 25, 2025 By Lowell Herr 3 Comments

This week I received a phone call seeking basic investment help.  This blog post is written in response to that call.  There are a few basic principles to investing and I’ve written about them on this blog for nearly 18 years.  Here is the link to two very basic principles. Rule #1 There is no […]

Filed Under: Portfolio Construction, Beginning Investors, Portfolio Management Tagged With: Portfolio Construction

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