I would be interested in comments on the new manager change and current portfolio constitution vs previous historical metrics.
Please correct me if I am wrong this was a quick analysis......notable changes: bond Credit Quality of AAA now 26% vs old 21. Effective Duration now 6.61 vs 8.03 old. Value now 38% vs 55-70% old. Blend now 58% vs 21% old. Standard deviation seems to have increased maybe simply due to market increased volatility. TO rate now 58% vs 53 old.
I guess the Value equity % change is the most notable change. Comments?

If you're home appreciates at a nice investment percent, that to me is an additional benefit. What I always felt most important is when you own, part of that monthly mortgage is paid back to yourself in that you end up with equity. Paying rent, to me, is just money down the drain. You'll never see it again.
Maybe this is truer where I live in the suburbs of Rochester NY. Property taxes are huge here, often more than the mortgage payment, but still the difference between ownership and renting a comparable property is not drastically different. Mortage payments can be fixed. Rent will always rise. Maybe this isn't true in big city areas where starter homes can be close to a million, but it is here.
@Crash, mortgage rates have increased, but they are still lower than when I bought my 1st home in the late '70s. I had a mortgage rate at ~14%. I think right now mortgage rates are around 6%-ish. They will come down again and when they do todays buyers will refinance at lower rates. That's how it works.

@ MrRuffles. If the acct is large, I think greater than 50K ask to be assigned to personal rep and ask for their phone #. Call that person and leave a message. They will facilitate resolution of any problems that might occur I always got a callback within 15 min. and they were fantastic in solving the issues. Hope this is helpful!

Ditto what BF said... Nice work @dtconroe...
Barring a huge plus or minus in the stock market in the last couple days of the year, I'll end the year over all somewhere around -11.5%. Better than my Fidelity and TRP benchmarks by a few percent, but that's of little solitude.
I will say, all my tinkering around the edges ended up being just a feel-good process making me think I was adding value. I guess my "helped and hurt" interaction cancelled each other out :) I come to that conclusion because 1/2 my money is in a Schwab robo and 1/2 I self-manage. Both portfolios are pretty much neck and neck at the finish line, the robo probably a few 10ths of a percent better.
The good news, at least I didn't screw things up to bad :)

Having mental health issues is no excuse for being a ”MAGA Nazi jerk”. But it might shed some light on this guy’s erratic and seemingly self-destructive behavior.
The 50-year-old Tesla and SpaceX CEO, who first publicly disclosed that he has Asperger's syndrome in his Saturday Night Live opening monologue in May 2021
I agree with @rono that Musk has “screwed the pooch” with his acquisition of Twitter and subsequent behavior. Yes. Exactly. Many who desired to own a Tesla will now shun it, unless this guy can seriously clean up his act.
I don’t know if Musk is a Nazi. But another famous U.S. rocket pioneer was a former card-carrying Nazi. Yet his contributions to the 1969 U.S. manned lunar mission were monumental. Wernher von Braun … Not sure what that demonstrates except that intelligence and morality are two distinctly different matters.. Thanks @rono for the spot-on commentary.

Howdy folks,
Had to chime in and am probably repeating much of what has been said. Tesla is toast. Twitter is toast. All due to a very smart man letting his ego go crazy. Same/same with Zuckerberg and his metaverse idiocy.
Tesla is toast because 1. the big boys are getting involved. Here to fore, Tesla has had zero competition. Those days are over. The big boys are getting into the game and they have scale. Tesla's trying to develop scale but not anything like the big 6 or 7 auto manufacturers already have. Some have said it will be difficult to switch over. I don't think so. They switch over every year. The power plant/battery component will be more involved but it's not going to take that long. In addition, 2. Musk has alienated his entire customer base with his Twitter idiocy. He's revealed himself as a MAGA Nazi jerk and his customers are exactly the opposite. Demand is off and even used Tesla demand has cratered.
The bottom line for all of us is 'stay in your lane'.
and so it goes,
peace,
rono

Because at the end of this difficult year you've got to laugh, or, at least, try to:
I wonder if his defense could be that Larry David the character was dismissive of crypto in the ad regardless of what the ad said at the end?
https://variety.com/2022/digital/news/ftx-lawsuit-larry-david-tom-brady-stephen-curry-crypto-1235434627/
https://avclub.com/larry-david-ftx-ad-class-action-lawsuit-1849794031
Also, the trial should be interesting. When will you ever see Larry David, Tom Brady and Shaq in the same room together again?

While tech/XLK is #3 from the last, look at what is now hidden in consumer-discretionary/XLY (33.67% in AMZN, TSLA) and communications-telecom/XLC (42.41% in META, GOOGL/GOOG, NFLX) ?
So, ALL of the original FANG are now not even in the tech.
Investors should consider equal-weight indexes/ETFs for sectors.

1-YR chart is current to 12/15/2022. Shows which sectors helped and which detracted from an investment portfolio.

Source & additional charts / commentary
Note - Since the chart is for 1 year, I’ll assume it’s tracking from 12/15/21 thru 12/15/ 2022

Apparently, individual investors net/net have been buying TSLA while institutional investors have been selling.
A blurb from today’s WSJ:
”Still, individual investors have been doubling down, purchasing a net $16 billion of Tesla stock this year, according to data from Vanda Research. That makes it the most popular buy among individuals this year, dethroning Apple Inc. as the most-purchased stock by individuals. On Wednesday, for example, Tesla shares were the most popular buy among individual investors on the Fidelity brokerage platform.”
From The Wall Street Journal December 29, 2022
Article: Tesla Stock Suffers December Selloff …
Go figure.

Interesting take on inflation’s effects in today’s WSJ:
Inflation Takes Biggest Bite From Middle-Income Households
”Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income households, benefiting from exceptionally low unemployment rates, have found jobs and experienced wage increases that lifted income more than the cost of living, according to studies by the Congressional Budget Office and others. Many were also bolstered by federal payments during the pandemic. At the high end, many households have seen big losses in stock and bond markets, but their income and savings were large enough that they were able to keep spending aggressively. The middle has been in a vise. Purchasing power from paychecks fell 2.9% for middle-income households in 2022 compared with 2021, while rising 1.5% for the bottom fifth of households and 1.1% for the top, according to the CBO study.”
Excerpted from The Wall Street Journal December 29, 2022
Writers: Jon Hilsenrath and Rachel Wolfe

https://www.sec.gov/Archives/edgar/data/1318342/000139834422025193/fp0081374-1_497.htm
497 1 fp0081374-1_497.htm
WCM International Long-Term Growth Fund
Investor Class Shares – WILGX
Institutional Class Shares – WCMTX
A series of Investment Managers Series Trust (the “Trust”)
Supplement dated December 29, 2022, to the currently effective
Prospectus, Statement of Additional Information (“SAI”) and
Summary Prospectus.
The Board of Trustees of the Trust has approved a Plan of Liquidation for the WCM International Long-Term Growth Fund (the “Fund”). The Plan of Liquidation authorizes the termination, liquidation and dissolution of the Fund. In order to perform such liquidation, effective immediately the Fund is closed to all new investment.
The Fund will be liquidated on or about January 20, 2023 (the “Liquidation Date”), and shareholders may redeem their shares until the Liquidation Date. On or promptly after the Liquidation Date, the Fund will make a liquidating distribution to its remaining shareholders equal to each shareholder’s proportionate interest in the net assets of the Fund, in complete redemption and cancellation of the Fund’s shares held by the shareholder, and the Fund will be dissolved.
In anticipation of the liquidation of the Fund, WCM Investment Management, LLC, the Fund’s investment advisor, may manage the Fund in a manner intended to facilitate its orderly liquidation, such as by raising cash or making investments in other highly liquid assets. As a result, during this time, all or a portion of the Fund may not be invested in a manner consistent with its stated investment strategies, which may prevent the Fund from achieving its investment objective.
Please contact the Fund at 1-888-988-9801 if you have any questions or need assistance.
Please file this Supplement with your records.

It is annoying as you are attempting to perform your year-end tax planning and retirement contributions, if you can.
I checked Riverpark's website. I have posted their final numbers as of December 19 in the list above.
Note the significant change in the Riverpark Large Growth Fund estimated amounts from the 17th to the 19th:
Removed wrong chart
As of 12/19/2022:
http://www.riverparkfunds.com/assets/pdfs/news/Year_End_Final_Distribution_Information_2022.pdf

Unfortunately, @Bopa appears to have deleted most of his original content (OP) on July 31. The intellect here is so massive that a great discussion has ensued for nearly 5 months afterward. :)
I can only say that I’m glad I retired nearly 25 years ago to live in a home I already owned rather than relying on the vicissitudes of the rental market. Your experience(s) may differ.

I will be bumping up a few items, ~10% or so onto their current positions...UTF, RQI, JEPI, DIVO, SCHD. I'll be watching in 1Q to add to BTO, which is holding nicely to this point. Also making sure that any cash uninvested is working in a MM.
Really...this is the most interesting investing environment in quite some time. Is "interesting " the right word?

Pulled a wee bit out for my estimated 2023 needs this week. Just moved it into Fido’s mm fund for now. So it’s all “on paper” for time being. Fortunately, all my 2022 needs were socked away in late 2021 when markets were a lot higher. Not the case for 2023. Miners have been strong for a few months - one source of the $$ I’ve now put aside for 2023. With investments in mostly Roths, my RMD (traditional IRA) is negligible anyway.
Not doing much. Have been trickling small sums into BCAT and GUG as they’ve fallen further since I opened positions a month or more ago. Each now represents 2+% of portfolio. Was affected by Scott Minerd’s unfortunate passing, as he was lead manager for GUG.

Now that they’ve eliminated all commissions?
https://businesswire.com/news/home/20221213005715/en/E*TRADE-from-Morgan-Stanley-Eliminates-Commissions-for-All-Mutual-Funds-on-Platform

Count yourself lucky. We lost a large amount of money on our house in CT 1987 to 2020. We got about $50,000 more than we paid for it but in the 30 years we redid two BRs, kitchen, all the windows, new roof, finished the basement, new deck and sunroom, etc.
My parents would say "so what you had to live somewhere. We never made any money on any house we owned"

+1 Impressive work. Congrats on fighting the good fight and winning.

The 'miracle' of compounding works in all ways and can mislead the eye-closed wishful (moi?) who do not run the numbers.
In early 2009 we bought a modest house and land (with spectacular view) in one of the pricier suburbs in the country: a town with large lots, whopping property taxes, high teacher salaries (not enough that they can live here, for the most part), yada yada. An expensive state, of course,
The couple who sold it to us in 2009, after their 3y of residence, lost several hundred thou.
So. After several RE cycles, our property has increased significantly, of course. Or so I concluded.
I just figured out its 14y return rate. Which comes to ... 2.6% (plus or minus) annually.