Search found 762 matches

by rickb
Tue Mar 07, 2017 12:08 am
Forum: Permanent Portfolio Discussion
Topic: Derivatives Risk
Replies: 18
Views: 6197

Re: Derivatives Risk

In a quick read of the VTI and TLT prospectuses, there only seem to be the standard market risks, they do not use derivatives. Perhaps TLT doesn't directly deal in derivatives, but in a market collapse like the one narrowly averted in 2008 (thank you, Obama) my guess is TLT would end up not looking...
by rickb
Thu Feb 23, 2017 12:16 am
Forum: Other Discussions
Topic: Black hole observation
Replies: 3
Views: 1885

Re: Black hole observation

This is one of the coolest science projects I've ever heard of. I'm pretty sure that 50 years ago it would have been considered impossible in the next 1000 years. http://www.eventhorizontelescope.org/science/index.html From their paper published in Science: High frequency VLBI work at MIT Haystack ...
by rickb
Sun Feb 19, 2017 12:01 am
Forum: Other Discussions
Topic: Everything costs too much and everybody is wrong about it and who the hell knows how to fix it?
Replies: 154
Views: 28702

Re: Everything costs too much and everybody is wrong about it and who the hell knows how to fix it?

If these current financial and real estate bubbles were to pop, and we had another Great Depression, could we at least expect some 1930s style deflation to lower these prices? Or would we have stagflation? I would expect the taps to open at the Federal Reserve, converting a depression into hyperinf...
by rickb
Fri Feb 03, 2017 10:34 am
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 186030

Re: 20% annual returns over 40 years...interested?

My PP was up 4.76% in Jan with a normal PP up 2% (I've read). Anyone else care to share some results? The theoretical PP I track for benchmark purposes (25% each SHY/TLT/VTI/GLD, rebalanced monthly) was up 2.05% in January. My actual PP (not recently rebalanced but within 15/35 bands, and with a va...
by rickb
Mon Jan 23, 2017 1:59 pm
Forum: Other Discussions
Topic: Renewable electricity sources are now a no-brainer
Replies: 74
Views: 28077

Re: Renewable electricity sources are now a no-brainer

Coal supporters in Wyoming have introduced a bill that would effectively prohibit Wyoming utilities from using renewable energy sources:

https://insideclimatenews.org/news/1201 ... nge-denial
by rickb
Thu Jan 19, 2017 11:39 pm
Forum: Other Discussions
Topic: Estate tax & Trump
Replies: 37
Views: 8469

Re: Estate tax & Trump

Actually, Gates is a great example. I don't know this for sure, but I'd be willing to bet that nearly all of his net worth consists of Microsoft stock on which he's never paid a nickel in taxes . Is that true? Every time I've receive stock compensation I've had to pay taxes on the shares. Also, isn...
by rickb
Thu Jan 19, 2017 10:32 pm
Forum: Other Discussions
Topic: Estate tax & Trump
Replies: 37
Views: 8469

Re: Estate tax & Trump

It always struck me as informative that even most ordinary people consider the estate tax to be distasteful, for lack of a better word. Even looking at someone like say Bill Gates, I don't find that most people think the rest of us are entitled to whatever percent of his wealth upon his and Melinda...
by rickb
Thu Jan 19, 2017 6:40 pm
Forum: Other Discussions
Topic: Estate tax & Trump
Replies: 37
Views: 8469

Re: Estate tax & Trump

The money has already been taxed. Why should the government tax it again when you die, just because you didn't spend it? Actually, most of the money has NOT been taxed - consisting of unrealized capital gains. See http://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-the-estat...
by rickb
Thu Jan 19, 2017 1:56 am
Forum: Other Discussions
Topic: Estate tax & Trump
Replies: 37
Views: 8469

Re: Estate tax & Trump

LazyInvestor wrote:Does anyone know if there are any expected changes to the estate tax with Trump administration?
Trump has said he wants to completely eliminate the estate tax. Of course, this affects only the upper 0.2% of households in the US and creates a relatively permanent plutocratic class so why not?
by rickb
Sun Jan 08, 2017 12:50 am
Forum: Other Discussions
Topic: Is America Safe, Or Not?
Replies: 32
Views: 7722

Re: Is America Safe, Or Not?

ochotona wrote:I hate getting older
The alternative isn't that great either.
by rickb
Fri Jan 06, 2017 11:17 am
Forum: Other Discussions
Topic: First-Time Home Buying
Replies: 13
Views: 5493

Re: First-Time Home Buying

Hire a lawyer to represent your interests (e.g. not the realtor's lawyer) in the purchase and have him/her review all paperwork before closing. A little more on this. When you first start looking for a home you may end up with a realtor who "helps" you find what you're looking for. Unless you speci...
by rickb
Wed Jan 04, 2017 11:23 am
Forum: Permanent Portfolio Discussion
Topic: PP Performance for 2016
Replies: 118
Views: 31488

Re: PP Performance for 2016

Hey rickb, Can you please explain how you are doing your treasury ladder? When I think of laddering, I always think of having CDs or treasuries with different maturities. Are you working with a range of, say, one to three years? Also, is this with Fidelity? I am just wondering about any expenses in...