Search found 190 matches

by LazyInvestor
Thu May 23, 2019 1:33 am
Forum: Permanent Portfolio Discussion
Topic: What have we learned over last 10 years?
Replies: 42
Views: 21793

What have we learned over last 10 years?

This forum has been active for the last 10 years or so. There've been many interesting discussions. I'm curious what new have we learned with respect to the theoretical foundations behind the PP? It seems to me it's standing the test of time despite its lower performance compared to the generally re...
by LazyInvestor
Thu Nov 15, 2018 12:54 am
Forum: Gold
Topic: Old HB radio show about Gold
Replies: 14
Views: 3514

Re: Old HB radio show about Gold

This is a critical point. That's why in a number of my previous posts I encouraged non-US investors to stick with a Bogleheads portfolio if they are not willing to run US PP. In recent times, USD was strengthening and gold was not of much help for anyone from Venezuela to Canada. Most of non-US inve...
by LazyInvestor
Mon Oct 29, 2018 1:33 pm
Forum: Stocks
Topic: European ETF Alternatives
Replies: 10
Views: 10168

Re: European ETF Alternatives

I'd guess these are broker restrictions. Open an account with another and it should work. Be aware of estate taxes since you are buying US-domiciled ETFs. Unfortunately, not broker restrictions, but just a decision by US fund managers not to comply (at least for now) with EU regulation. It seems th...
by LazyInvestor
Thu Oct 25, 2018 3:00 pm
Forum: Stocks
Topic: European ETF Alternatives
Replies: 10
Views: 10168

Re: European ETF Alternatives

I'd guess these are broker restrictions. Open an account with another and it should work. Be aware of estate taxes since you are buying US-domiciled ETFs.
by LazyInvestor
Tue Aug 21, 2018 1:35 am
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 12
Views: 4478

Re: Perth Mint Physical Gold ETF (AAAU)

This seems to be US domiciled ETF. Do they have any equivalent ETF domiciled elsewhere?
by LazyInvestor
Wed Feb 28, 2018 9:52 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 8911

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

For most of my European colleagues who live in high taxation big social welfare countries, I'd suggest to take into account what they have guaranteed from government as their fixed income. When they do this they realize that PP is way too conservative for them. Most of them have quite big chunk of v...
by LazyInvestor
Mon Oct 02, 2017 12:37 am
Forum: Other Discussions
Topic: Catalonia
Replies: 6
Views: 2812

Re: Catalonia

Seem reasonable. ---------------------- Of course, gold apparently could not care less about what's going on, continuing to drop to nearer to your 1260! What a screwy world we live in. Gold is not supposed to care here. Pay attention to USD in the cases of international geopolitical issues. (Gold c...
by LazyInvestor
Sun Oct 01, 2017 2:16 am
Forum: Permanent Portfolio Discussion
Topic: Looking for feedback for EU/US PP
Replies: 12
Views: 5509

Re: Looking for feedback for EU/US PP

Considering all this, I would recommend to take out of the PP equation the the public pensions. Sure, if you are a pessimist wrt future payment of pensions, then by all means run a PP or some other more conservative Bogleheads portfolio. As I discussed in my previous posts, I'd have only US PP beca...
by LazyInvestor
Thu Sep 28, 2017 5:21 am
Forum: Permanent Portfolio Discussion
Topic: Looking for feedback for EU/US PP
Replies: 12
Views: 5509

Re: Looking for feedback for EU/US PP

OK. You're young, at the beginning of your career, living in a country with a very strong social safety net, so you can definitely take on more risk with your investments IMO. If I were you, I'd pay into the retirement fund, and then "aggressively" invest using one of more aggressive Bogleheads-styl...
by LazyInvestor
Thu Sep 28, 2017 1:24 am
Forum: Permanent Portfolio Discussion
Topic: Looking for feedback for EU/US PP
Replies: 12
Views: 5509

Re: Looking for feedback for EU/US PP

I believe an average German has lots of capital in the various current and future social benefits and comparatively quite low savings rate. What I would do in your case is to first calculate how much I have in savings compared to the value of the social security benefits. Then I would decide how ris...
by LazyInvestor
Wed Jul 05, 2017 4:49 am
Forum: Cash
Topic: Europe -- CDs versus T-Bills
Replies: 9
Views: 5850

Re: Europe -- CDs versus T-Bills

What's the reason for such low yields? They seem lower than what they had even during the great depression.

I doubt it's uniform throughout the whole EU (e.g., Greece should be paying more). Why don't you lend your cash to a reasonable larger EU country which pays a more reasonable amount?
by LazyInvestor
Mon Jul 03, 2017 7:23 am
Forum: Variable Portfolio Discussion
Topic: The year is 1900. What is your "permanent" portfolio?
Replies: 10
Views: 5282

Re: The year is 1900. What is your "permanent" portfolio?

Talmudic portfolio 1/3 business 1/3 land/real estate 1/3 gold