Search found 389 matches

by Bean
Fri Apr 08, 2016 10:11 pm
Forum: Other Discussions
Topic: Minimum Wage Now $15 an Hour!
Replies: 18
Views: 9488

Re: Minimum Wage Now $15 an Hour!

The entire universe of options are: 1) eat the cost and operate at a lower margin 2) transfer the increase to consumers 3) increase productivity 4) cost out in the business Results: Part 1: Options 2 and 4 will be what most big box retailers will do since their scale allows for it Part 2: Option 1 w...
by Bean
Fri Apr 08, 2016 12:20 pm
Forum: Gold
Topic: The Metropolitan Plan: Swapping Bonds for Gold
Replies: 9
Views: 7703

Re: The Metropolitan Plan: Swapping Bonds for Gold

Interesting read, what's the source? Would like to read the rest of it. I don't know where MG saw it, but it is at http://thecrux.com/porter-stansberry-a-crisis-is-coming/ Thanks, watching his youtube now.  Still waiting for the punchline on what to invest in or how to prepare.  I suspect it will b...
by Bean
Fri Apr 08, 2016 9:05 am
Forum: Gold
Topic: The Metropolitan Plan: Swapping Bonds for Gold
Replies: 9
Views: 7703

Re: The Metropolitan Plan: Swapping Bonds for Gold

Interesting read, what's the source? Would like to read the rest of it.
by Bean
Wed Jan 20, 2016 7:22 am
Forum: Stocks
Topic: Where is the money going?
Replies: 19
Views: 16700

Re: Where is the money going?

Desert wrote: And of course some of the money is just ceasing to exist.
debt payoff?
by Bean
Fri Jan 15, 2016 9:30 am
Forum: Permanent Portfolio Discussion
Topic: Stocks Crashing! Thank God For The PP!!
Replies: 90
Views: 43442

Re: Stocks Crashing! Thank God For The PP!!

I just don't watch the market.  Actually nowadays I don't even really check the forums.

I made it through the last crash through automatic investment and ignorant bliss.  This resulted in some pretty fantastic returns.
by Bean
Mon Jan 11, 2016 1:43 pm
Forum: Permanent Portfolio Discussion
Topic: Average Investor Return for 2015 was -3.09%
Replies: 9
Views: 7172

Re: Average Investor Return for 2015 was -3.09%

My bad results were solely due to long bonds and gold. If I hadn't touched those, I'd have been flat for the year. Get used to it...more of the same this year. So tired of this portfolio. Down, down and more down. Thought we were getting there. No such luck. you could always go all cash... down yea...
by Bean
Thu Jan 07, 2016 1:32 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP component predictions for 2016
Replies: 16
Views: 10686

Re: HBPP component predictions for 2016

I am very bad at predicting commodity prices, and gold is even harder to predict than oil. But generally I see no reason for gold to have a significant gain in 2016, considering the low inflation environment. Gold to me does whatever it wants.  Reason or not.  That very fact makes me wonder if it w...
by Bean
Thu Jan 07, 2016 8:40 am
Forum: Permanent Portfolio Discussion
Topic: HBPP component predictions for 2016
Replies: 16
Views: 10686

Re: HBPP component predictions for 2016

Simonjester wrote: i am amused to see Kim Kardashian photos have made the list again this year, but i think the market has moved on to bruce/kaylen jenner photos for 2016 :o
I think this is the strongest voting to one particular asset (gold) I have seen in a long time.
by Bean
Sun Nov 29, 2015 5:34 pm
Forum: Bonds
Topic: Something is very off in the bond market
Replies: 44
Views: 24318

Re: Something is very off in the bond market

ochotona wrote: Corporations, pension funds, insurance co's, mutual funds. Even if interest rates go negative, they can't keep billions in $100 bills.
Big Corps are doing share buy-backs.  Heck a lot of them are taking out low interest Corp loans to buy back shares that pay a higher dividend.
by Bean
Tue Nov 03, 2015 9:25 am
Forum: Cash
Topic: November 2015 I Bond Rates
Replies: 7
Views: 6009

November 2015 I Bond Rates

Fixed Rate = 0.10%
Inflation Rate = 0.77%
Composite Rate = 1.64%


https://www.treasurydirect.gov/indiv/re ... dterms.htm
by Bean
Fri Oct 02, 2015 7:59 am
Forum: Permanent Portfolio Discussion
Topic: The value of physical gold
Replies: 119
Views: 38443

Re: The value of physical gold

MachineGhost wrote: Real assets don't gyrate; only the money it is measured against does.  ;)
^ This, well said MachineGhost
by Bean
Thu Jun 04, 2015 12:21 pm
Forum: Cash
Topic: The End of Cash
Replies: 17
Views: 12357

Re: The End of Cash

How much "cash" do any of you actually use? 1) Lunch at work, but only because they don't take credit 2) Waffle house, just because cash is easier there 3) Cabs for an overall cash spend of probably ~$2k a year Outside of those, I carry it for emergencies that I encounter at about a frequency of on...
by Bean
Fri May 08, 2015 10:56 pm
Forum: Other Discussions
Topic: Best iPhone Apps (or Android)
Replies: 55
Views: 26613

Re: Best iPhone Apps (or Android)

Attempt to list some that I don't think have been listed yet and that I use regularly iOS: Weatherunderground, blows other weather apps away Alienblue, for reddit Google voice, for my other phone number Great clips, silly, but the app check in saves a huge amount of time Sky guide, location and posi...
by Bean
Wed May 06, 2015 11:50 am
Forum: Permanent Portfolio Discussion
Topic: No where to hide
Replies: 804
Views: 296821

Re: No where to hide

Oh you mean the PP Koolaid...I see. I can't remember the exact quote, but Jack Bogle said the two highest correlated items to a good return are low costs and not changing your portfolio strategy all the time. So with that in mind, I don't think folks here are married to the PP, but I doubt there is...
by Bean
Tue May 05, 2015 11:12 pm
Forum: Permanent Portfolio Discussion
Topic: Packing for a trip, anything might happen
Replies: 12
Views: 6883

Re: Packing for a trip, anything might happend

4 kilos seems on the light side
by Bean
Tue May 05, 2015 11:39 am
Forum: Permanent Portfolio Discussion
Topic: Forum Crash...
Replies: 48
Views: 20573

Re: Forum Crash...

Thanks for the revival, I was going through withdraw.  :P
by Bean
Fri May 01, 2015 1:54 pm
Forum: Permanent Portfolio Discussion
Topic: No where to hide
Replies: 804
Views: 296821

Re: No where to hide

To be fair, it's not as if rebalancing is unique to the PP. Boglehead folk rebalance as well as take advantage of tax loss harvesting by moving between different stock and bond funds. Div growth people "rebalance" their dividends into the entirety of their portfolio or buy new stocks. Even some guy...
by Bean
Fri May 01, 2015 1:31 pm
Forum: Permanent Portfolio Discussion
Topic: No where to hide
Replies: 804
Views: 296821

Re: No where to hide

Portfolio envy, the bane of the Permanent Portfolio.  Just because you are seeing stocks rise, folks are forgetting a fantastic attribute to the PP that makes me feel like I am a mad investment scientist.  I always buy whatever asset is below 25% and then when it goes up, I feel like a genius gettin...
by Bean
Fri May 01, 2015 1:14 pm
Forum: Cash
Topic: New I Bond Rate - May 1, 2015
Replies: 16
Views: 11479

New I Bond Rate - May 1, 2015

Fixed Rate = 0.00%
Inflation Rate = -0.80%
Composite rate = 0.00%


:'(
by Bean
Wed Dec 31, 2014 12:09 pm
Forum: Gold
Topic: What form of physical gold to buy?
Replies: 18
Views: 11248

Re: What form of physical gold to buy?

Eagles (for local recognition) and Sovereigns (for global recognition and fractional gold) here :)
by Bean
Mon Nov 03, 2014 10:07 am
Forum: Cash
Topic: Series I Bonds: Buy before November 1st or wait?
Replies: 20
Views: 15195

Re: Series I Bonds: Buy before November 1st or wait?

I Bond Earnings Rate of 1.48% includes a Fixed Rate of 0.00%

http://www.treasurydirect.gov/news/pres ... atespr.htm
by Bean
Tue Oct 28, 2014 4:56 pm
Forum: Gold
Topic: A Soft Landing for US Debt?
Replies: 25
Views: 12911

Re: A Soft Landing for US Debt?

It seems to me that we are getting worked up about conceptual representations of wealth. We have created an artificial boogeyman called "debt" that reall only exists in our heads. This is much different from actual problems such as a shortage of water, energy, food etc. That boogeyman can result in...
by Bean
Mon Oct 27, 2014 2:04 pm
Forum: Other Discussions
Topic: IRS Seizes $33,000 from Small Business Owner
Replies: 1
Views: 2263

Re: IRS Seizes $33,000 from Small Business Owner

Reminds me a lot of this youtube:

Last Week Tonight with John Oliver: Civil Forfeiture (HBO)
http://youtu.be/3kEpZWGgJks?list=UU3XTz ... 0rQbuvCtTQ
by Bean
Sat Oct 18, 2014 5:15 pm
Forum: Cash
Topic: Physical Cash vs. TBills with no interest
Replies: 18
Views: 12396

Physical Cash vs. TBills with no interest

With TBills paying basically nothing or going negative, why even buy them?  Does physical cash win right now?  As of right now the only risk I see to cash on hand is theft, outside of that it is better in every way to digital money that pays nothing.
by Bean
Sat Oct 11, 2014 11:54 pm
Forum: Bonds
Topic: The Bond Dream Room
Replies: 554
Views: 359974

Re: The Bond Dream Room

Is the next question we start asking going to be are 1% 30 year rates in the cards?