Search found 218 matches

by Pet Hog
Tue Mar 24, 2020 3:50 pm
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 96
Views: 35696

Re: Gold / Stock / Bonds at highs or near highs?

Sure, I think we're due for some dramatic market turbulence in the next couple of years, but there seems to be so much doom and gloom in the personal finance world these days that perhaps it's already factored in (i.e., if everyone thinks we're going to crash it's unlikely to happen). If I were to ...
by Pet Hog
Tue Mar 24, 2020 3:42 pm
Forum: Stocks
Topic: DIY individual stock fund
Replies: 49
Views: 26861

Re: DIY individual stock fund

jalanlong wrote:
Sun Mar 22, 2020 1:57 pm
So did you ever give this a tryout?
No, not yet. Perhaps when/if I rebalance into stocks.
by Pet Hog
Tue Mar 24, 2020 3:40 pm
Forum: Gold
Topic: Spikes in Premium on PHYS
Replies: 14
Views: 3689

Re: Spikes in Premium on PHYS

Along with yesterday's big decrease in the price of gold, PHYS traded most of the day with a big discount. I added to my holdings (from IAU) when the discount was 2.38%. I'll be looking to exit next week if the discount shrinks or evaporates. According to the chart at the bottom of this page , the ...
by Pet Hog
Fri Mar 20, 2020 12:42 pm
Forum: Other Discussions
Topic: Tax Day Pushed to June 15
Replies: 4
Views: 416

Re: Tax Day Pushed to June 15

Looks like it's July 15 for filing. Even better!

Tweet from Mnuchin.
by Pet Hog
Fri Mar 20, 2020 5:39 am
Forum: Other Discussions
Topic: Synthesis of hydroxychloroquine
Replies: 5
Views: 420

Re: Synthesis of hydroxychloroquine

I have read that there is a shortage of this compound that should be remedied by mid-April. If it is important to have this compound for the coronavirus outbreak, that's way too late. We can't wait for an FDA-approved laboratory to fix this shortage or a lot of people are going to die. Any organic ...
by Pet Hog
Fri Mar 20, 2020 4:25 am
Forum: Permanent Portfolio Discussion
Topic: PP vs. real gold bugs
Replies: 30
Views: 2109

Re: PP vs. real gold bugs

The young Tyson's impeccable blend of defensive bobbing and weaving and insane punching power was very PP-like. ;D Hmm, it never occurred to me earlier, but perhaps Mike was talking about the PP? "My style is impetuous, my defense is impregnable." "How dare they challenge me with their somewhat pri...
by Pet Hog
Sat Mar 07, 2020 8:02 pm
Forum: Bonds
Topic: Wise move to sell LTTs and buy new 30-years?
Replies: 6
Views: 1539

Re: Wise move to sell LTTs and buy new 30-years?

Just thinking out loud. Writing this stuff down to see if I can convince myself that there is any potential advantage. Perhaps I should consider of a more extreme example. There is a 21-year treasury (maturing 5/15/2041) with a 4.375% coupon, currently valued at $159.63. As a PP investor, I would ho...
by Pet Hog
Sat Mar 07, 2020 6:36 pm
Forum: Bonds
Topic: Wise move to sell LTTs and buy new 30-years?
Replies: 6
Views: 1539

Re: Wise move to sell LTTs and buy new 30-years?

Are these held taxable or tax deferred? If taxable there is benefit to selling and realizing the gain as a long term cap gain and trading down to the lower yield (you may even be able to harvest some stock losses right now to help pay the tax bill). Now, you do alter your average maturity when you ...
by Pet Hog
Sat Mar 07, 2020 6:11 pm
Forum: Bonds
Topic: Negative interest rates
Replies: 59
Views: 7083

Re: Negative interest rates

If that's the case do you believe this theory is correct? Hal, that's a beautiful and informative chart. Yes, I would have to say I do believe in the theory, whatever it might be! (I suspect it says that as money pours into an economy it goes to higher levels of the double-pyramid -- with riskier a...
by Pet Hog
Sat Mar 07, 2020 5:19 pm
Forum: Bonds
Topic: Wise move to sell LTTs and buy new 30-years?
Replies: 6
Views: 1539

Wise move to sell LTTs and buy new 30-years?

I have a question that you all might have some idea about. I own two lots of LTTs, with 27 and 28 years left to maturity. I bought them with yields of about 3%. Each price today is over $140. Both gained around 7% on Friday. Crazy! Let's say I bought $10,000 of bonds. Now they're worth $14,000. If I...
by Pet Hog
Sat Mar 07, 2020 4:23 pm
Forum: Bonds
Topic: Negative interest rates
Replies: 59
Views: 7083

Re: Negative interest rates

From a quick google search I found that, according to this chart , there are $1.46 trillion US dollars in circulation (paper money, greenbacks). According to this PBS article , the population of the US is 331 million. That means each person could hold, on average, about $4400 in cash. What that tell...
by Pet Hog
Sat Feb 29, 2020 2:53 pm
Forum: Gold
Topic: Spikes in Premium on PHYS
Replies: 14
Views: 3689

Re: Spikes in Premium on PHYS

Along with yesterday's big decrease in the price of gold, PHYS traded most of the day with a big discount. I added to my holdings (from IAU) when the discount was 2.38%. I'll be looking to exit next week if the discount shrinks or evaporates. According to the chart at the bottom of this page , the d...