Search found 46 matches

by williswine
Thu Apr 01, 2021 3:05 pm
Forum: Other Discussions
Topic: I Am Leaving The Forum -- Who Wants My Gold?
Replies: 22
Views: 1169

Re: I Am Leaving The Forum -- Who Wants My Gold?

pp4me wrote:
Thu Apr 01, 2021 1:47 pm
R U morphing into another tomfoolery?
Hopefully only on April Fools' Day >:D
by williswine
Mon Mar 22, 2021 9:24 pm
Forum: Variable Portfolio Discussion
Topic: Schemes for maximizing cash returns
Replies: 25
Views: 1468

Re: Schemes for maximizing cash returns

Completely different topic...read an article about effectively laddering bonds more efficiently and profitably by calibrating various term bond ETFs. It was eye opening. The article was a bit dated, but a concept I'd never really thought of. And if you aren't into managing bonds, like I'm not, but ...
by williswine
Tue Mar 02, 2021 11:02 pm
Forum: Permanent Portfolio Discussion
Topic: Tyler hits it out of the park (again)
Replies: 12
Views: 1030

Re: Tyler hits it out of the park (again)

What! You mean we need not swap out long term bonds for bitcoins!? Seriously, theres’s probably in some circles as much fear of losing out with long term bonds as there is FOMO with crypto. Thank you Tyler. Your site is a marvel of sophisticated simplicity. And your gems can even be shared with non-...
by williswine
Sun Feb 28, 2021 8:48 pm
Forum: Other Discussions
Topic: Will you get vaccinated for COVID?
Replies: 182
Views: 9913

Re: Will you get vaccinated for COVID?

I do not know whether that has been discussed here (had a glance over, but was not able to find) or elsewhere ... I am pretty much ignorant on how vaccination in US is implemented and whether you've given the choice which vaccine to get. Anyway, I started research a bit, basically the options to ch...
by williswine
Sun Feb 28, 2021 8:16 pm
Forum: Other Discussions
Topic: The Permanent Tooth and Gum Care Regime
Replies: 215
Views: 157080

Re: The Permanent Tooth and Gum Care Regime

I had stopped flossing for a while. It was a mistake in my case. I guess my teeth are so close to each other that the products couldn't do their magic between them. I did develop a decay that required treatment but it was in an area I've always had troubles with. I will say my current dentist is at ...
by williswine
Sun Feb 28, 2021 7:53 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 269
Views: 95070

Re: Maximum Bond Upside

I see! Thank you Vinny!
by williswine
Sun Feb 28, 2021 7:51 pm
Forum: Other Discussions
Topic: Will you get vaccinated for COVID?
Replies: 182
Views: 9913

Re: Will you get vaccinated for COVID?

Scheduled for 2nd injection Saturday. Hope the side effects are reasonable. Will let you know how it goes. 👍🏼 My wife and I had our second Pfizer vaccination this morning about 2 1/2 hours ago; neither of us had any immediate effects. We are hoping for the best. Our daughter got her second Moderna ...
by williswine
Sun Feb 28, 2021 7:21 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 269
Views: 95070

Re: Maximum Bond Upside

Switzerland's 50 year bond (to be precise, it's actually 48 years, due 2064) yield today fell to an all time low of 0.32%. Yes, if you want to lend Switzerland money for the next 50 years, you're only going to get 0.32% interest per year. Clearly at some point investors should just not be buying bo...
by williswine
Sun Feb 28, 2021 6:57 pm
Forum: Other Discussions
Topic: The Permanent Tooth and Gum Care Regime
Replies: 215
Views: 157080

Re: The Permanent Tooth and Gum Care Regime

Peelu USA (no affiliation) sells dental fibers made from the same tree as that chewing stick. I have been using http://peelu.com/dental-fibers/spearmint-25-oz/ for years now and my dental hygienist is always amazed at how little plaque I have. I don't really like the taste of it but it leaves my mo...
by williswine
Wed Apr 08, 2020 12:25 pm
Forum: Gold
Topic: Perth Mint Online Depository Program
Replies: 33
Views: 13756

Re: Perth Mint Online Depository Program

Thank you very much ahrunforthehills! I originally considered Perth Mint accounts to be custodial. I've been oscillating between the two possible choices reading the IRC and trying to interpret it. It's of course thorny but what seems to matter is that the mint is not a bank. I should share my analy...
by williswine
Sun Apr 05, 2020 2:41 pm
Forum: Gold
Topic: Perth Mint Online Depository Program
Replies: 33
Views: 13756

Re: Perth Mint Online Depository Program

This year, I have enough in the account that I need to report it on form 8938. This account is in my name only. I think it is considered a "Foreign Deposit Account" so has to be reported in Part I rather than II and also in Part V rather than VI of form 8938. What is not super clear to me is whethe...
by williswine
Sun Apr 05, 2020 2:38 pm
Forum: Gold
Topic: Tax lots for gold ounces
Replies: 12
Views: 1639

Re: Tax lots for gold ounces

Right, Libertarian666: thank you, I think you nailed it and so to go back to my original example, only FIFO seems to apply. SpecID would definitely apply to ETFs (assuming the two items are followed) and depending on interpretation of pub 550 likely to bars or coins bought all at once in a given yea...
by williswine
Fri Apr 03, 2020 12:55 am
Forum: Gold
Topic: Tax lots for gold ounces
Replies: 12
Views: 1639

Re: Tax lots for gold ounces

This is an interesting article and I knew about it Vinny but it focuses on promoting gold investing in tax-deferred accounts rather than on the details of cost basis reporting for gold accumulated over time in taxable accounts. I've "binged" ;) the Net over this and am yet to find anything close to ...
by williswine
Thu Apr 02, 2020 11:17 pm
Forum: Gold
Topic: Tax lots for gold ounces
Replies: 12
Views: 1639

Re: Tax lots for gold ounces

Thank you Libertarian666. I don't know how Swiss banks do and guess I won't ever know myself. I understand Perth Mint would sell per item 1 if asked but wouldn't confirm the specification per item 2. For them, a client owns a number of ounces and the mint sells from that "pot" then confirms how many...
by williswine
Thu Apr 02, 2020 5:34 pm
Forum: Gold
Topic: Tax lots for gold ounces
Replies: 12
Views: 1639

Tax lots for gold ounces

For mutual funds, IRS pub 550 has a rule in place for specific identification of shares. Specifically: Specific share identification. If you ade- quately identify the shares you sold, you can use the adjusted basis of those particular shares to figure your gain or loss. You will adequately identify ...
by williswine
Thu Apr 02, 2020 4:57 pm
Forum: Stocks
Topic: Tax-Loss Harvesting Recommendation (Vanguard Total Stock Index)
Replies: 11
Views: 2735

Re: Tax-Loss Harvesting Recommendation (Vanguard Total Stock Index)

2 - Yes except perhaps other tax-deferred accounts than IRAs.

3 - No but beware wash sales!

Not responsible for any mistake above - I am no tax person!

Edited as my answer to 1 was SV-centric.
by williswine
Thu Apr 02, 2020 4:40 pm
Forum: Permanent Portfolio Discussion
Topic: Golden Butterfly rebalancing bands
Replies: 26
Views: 6298

Re: Golden Butterfly rebalancing bands

Tyler: in the GB portfolio, you do not consider SV as a VP and the other four assets as a PP, i.e. when rebalancing, you take profits from what would be considered PP assets and rebalance into the SV slice if that is in need of a refill, correct?
by williswine
Thu Apr 02, 2020 4:15 pm
Forum: Gold
Topic: Perth Mint Online Depository Program
Replies: 33
Views: 13756

Re: Perth Mint Online Depository Program

I've been a happy Perth Mint Depository Program account holder since last year for unallocated gold. I haven't received this email but all my dealings with the mint have been flawless. I should post on this separately. This year, I have enough in the account that I need to report it on form 8938. Th...
by williswine
Thu Apr 02, 2020 4:08 pm
Forum: Other Discussions
Topic: The Permanent Tooth and Gum Care Regime
Replies: 215
Views: 157080

Re: The Permanent Tooth and Gum Care Regime

Peelu USA (no affiliation) sells dental fibers made from the same tree as that chewing stick. I have been using http://peelu.com/dental-fibers/spearmint-25-oz/ for years now and my dental hygienist is always amazed at how little plaque I have. I don't really like the taste of it but it leaves my mo...
by williswine
Thu Jun 21, 2018 4:01 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 12
Views: 6002

Re: Perth Mint Physical Gold ETF (AAAU)

pugchief I do not know, and I also don't know how long the application will take to be processed but I believe this filing to be the last step before the IPO. It would take someone familiar with the SEC filing process and any subsequent steps to guesstimate this, and that's not me. Hopefully soon!
by williswine
Thu Jun 21, 2018 3:43 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 521
Views: 162817

Re: Golden Butterfly Portfolio

Indeed, the choices are many. VBR's E/R is appealing. IJS may have low trading volume but other offerings had even lower ones last time I checked: PXSV is one example, despite being considered by some bogleheads as having an ideal profile, perhaps better than even DFA US Small Cap Value. Of course, ...
by williswine
Thu Jun 21, 2018 3:02 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 12
Views: 6002

Re: Perth Mint Physical Gold ETF (AAAU)

The SEC filing containing a preliminary prospectus (that may still change) is at https://www.nasdaq.com/markets/ipos/filing.ashx?filingid=12695497 and was amended by https://www.nasdaq.com/markets/ipos/filing.ashx?filingid=12779867 (lot to read there). In it, you can see that Exchange Traded Concept...
by williswine
Wed Jun 20, 2018 7:34 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 12
Views: 6002

Re: Perth Mint Physical Gold ETF (AAAU)

Not APMEX (that is one of their distributors for coins BTW) but another structure doing their marketing IIRC. It's all in the SEC filing.
by williswine
Wed Jun 20, 2018 7:33 pm
Forum: Gold
Topic: Perth Mint storage options
Replies: 0
Views: 2035

Perth Mint storage options

Have been doing some research into the Perth Mint storage options. They offer a Perth Mint Depository Online account (PMDO) and a Perth Mint Depository Program account (PMDP – unlike PMDO, PMDP is offline so transactions are by phone, email or fax). I assume the following for a US taxpayer residing ...
by williswine
Wed Jun 20, 2018 7:16 pm
Forum: Gold
Topic: Perth Mint Physical Gold ETF (AAAU)
Replies: 12
Views: 6002

Perth Mint Physical Gold ETF (AAAU)

I stumbled upon information regarding the planned launch of a new ETF with symbol AAAU by the Perth Mint: https://www.nasdaq.com/markets/ipos/company/perth-mint-physical-gold-etf-1051518-86628 . Expense ratio is yet to be defined but hopefully compares favorably to the 0.15% charged for Perth Mint G...