Search found 979 matches

by melveyr
Mon Feb 15, 2016 4:37 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

I am 24 with no retirement date in mind. But I still save pretty aggressively (max out 401k, Roth, HSA, just starting to do taxable). If my health permitted and I could see myself working late into my life but using the portfolio's supplemental income to "go baller". I am literally just doing a vani...
by melveyr
Mon Feb 15, 2016 1:12 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

Well, as I said before I am certainly not ringing the alarm bell on the portfolio. The performance since starting the blog has been decent considering the risk level. The sharpe ratio has beaten the vanguard 60/40 Balanced fund (VBINX). I just want to go with a more traditional approach with my asse...
by melveyr
Mon Feb 15, 2016 12:23 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

One more question: So it seems that you have shifted from gold to TIPs for an inflation hedge. Do you think that is better than just a smaller allocation to gold? If so, can you elaborate? If I wanted to inflation proof a retirement plan that was about to enter the withdrawal phase the first step w...
by melveyr
Mon Feb 15, 2016 9:54 am
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

I don't recall HB commenting on the relationship between money supply and gold. Gold responds to unexpected inflation is the theory not excess bank reserves stored at the FED. The $ didn't reach those who could spend it and raise inflation. Not sure the model is broken, perhaps misused but not brok...
by melveyr
Mon Feb 15, 2016 9:20 am
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

Might as well ask here. Elsewhere you said, "I found that the main advocates for gold were using old models that have already been proven wrong." Can you elaborate a bit more? Not so much here on this forum but many gold holders were betting on a big inflation coming because of charts like this: ht...
by melveyr
Mon Feb 15, 2016 9:07 am
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

Hey melveyr, You have written so eloquently (and concisely) in support of the PP on your site and I am curious what has caused you to change your mind about Harry Browne's ideas. Has something fundamentally shifted in the world, or were those just the writings of a younger version of your current s...
by melveyr
Sun Feb 14, 2016 9:05 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

The only other point I would add to that is that the state taxation of CDs is mitigated by placing them in a traditional IRA. Your taxable account should really be equity focused as long as you are managing all of your assets as one portfolio.
by melveyr
Sun Feb 14, 2016 8:03 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

Oh and regarding tax efficiency because you mentioned split between taxable/tax advantaged... Try to view your entire pool of assets as one portfolio but understand that some accounts are more suited to specific assets. Roth: Stocks 401k: Bond funds Traditional IRA: CDs (because 401ks don't offer th...
by melveyr
Sun Feb 14, 2016 6:48 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 61
Views: 12557

Re: Question for Melveyr

My thoughts are quite mainstream and not terribly exciting! But I will try to explain it in a different way to hopefully make it interesting. I do think that time horizon matters. I think that long term liabilities should be financed with longer term assets and shorter term liabilities should financ...
by melveyr
Sun Feb 14, 2016 9:22 am
Forum: Other Discussions
Topic: Forum gone way down the hill
Replies: 58
Views: 12436

Re: Forum gone way down the hill

I don't post regularly here anymore, and my experience might mirror some of the other posters who have left. 1) I became disillusioned with the political disposition of the forum. It is certainly not balanced, probably because gold attracts people from the right more than people from the left. The m...
by melveyr
Wed Apr 29, 2015 9:14 am
Forum: Permanent Portfolio Discussion
Topic: PP Manhattan Meet-up: 2 pm May 9 @ New Leaf Cafe
Replies: 95
Views: 17381

Re: Manhattan Meet-Up for PP Folks?

Saturday uptown works!