Search found 46 matches

by stpeter
Fri Apr 24, 2020 11:15 am
Forum: Permanent Portfolio Discussion
Topic: New Member and Permanent Portfolio Novice. Asking for help
Replies: 15
Views: 1709

Re: New Member and Permanent Portfolio Novice. Asking for help

Rebalance (i.e. distribute excess cash among the other assets) every so often - no need to wait until you hit the rebalancing band with cash. The whole thing above was great! Spelling it all out both concisely yet with detail. However, for we literalists out here, can you more precisely define "eve...
by stpeter
Fri Apr 24, 2020 11:07 am
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 96
Views: 32934

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

Vinny, Just. Do. It. Not a simple task on my end, starting with having 7 different retirement accounts covering every possible different tax treatment for each of them. Whenever I'm going to do something of consequence I take my time to get all my questions answered, don't rush into it, and, conseq...
by stpeter
Sun Apr 12, 2020 9:00 pm
Forum: Permanent Portfolio Discussion
Topic: New to Permanent Portfolio
Replies: 46
Views: 15708

Re: New to Permanent Portfolio

So, 20% would mean 20-30% for each asset class right? Quite a bit narrower from what HB recommended. Yes, that is my understanding of it as well. HB suggested rebalancing at 15% or 35% of the portfolio, so +/- 40% rather than +/-20%. Great find! The original paper is well worth reading: http://reso...
by stpeter
Sun Apr 12, 2020 7:33 pm
Forum: Permanent Portfolio Discussion
Topic: New to Permanent Portfolio
Replies: 46
Views: 15708

Re: New to Permanent Portfolio

So, 20% would mean 20-30% for each asset class right? Quite a bit narrower from what HB recommended. Yes, that is my understanding of it as well. HB suggested rebalancing at 15% or 35% of the portfolio, so +/- 40% rather than +/-20%. Great find! The original paper is well worth reading: http://reso...
by stpeter
Sat Apr 11, 2020 3:22 pm
Forum: Permanent Portfolio Discussion
Topic: Pricing Assets in Gold, Not Dollars
Replies: 10
Views: 467

Re: Pricing Assets in Gold, Not Dollars

... Does anyone here on the forum price the four PP assets in terms of gold, not dollars? .. Ha! Not the assets, but I used to think about the equivalent of things like my home in ounces of gold. And my portfolio total. Problem is, I think of it in US$ first and then convert to gold using the spot ...
by stpeter
Fri Apr 10, 2020 6:25 pm
Forum: Permanent Portfolio Discussion
Topic: Pricing Assets in Gold, Not Dollars
Replies: 10
Views: 467

Pricing Assets in Gold, Not Dollars

Several recent threads set me to thinking about the long-term decline in the value of the dollar (and other fiat currencies). Does anyone here on the forum price the four PP assets in terms of gold, not dollars? There's an interesting website pricedingold.com that shows you the value of, say, an S&P...
by stpeter
Fri Apr 10, 2020 6:05 pm
Forum: Gold
Topic: Looking for recommendations for investing in paper gold (401k and Roth IRA)
Replies: 17
Views: 864

Re: Looking for recommendations for investing in paper gold (401k and Roth IRA)

When I adopted the permanent portfolio about 5 years ago, I did a bunch of research and got most comfortable with SGOL, in large measure because they store their physical gold in Switzerland.
by stpeter
Tue Mar 24, 2020 8:48 pm
Forum: Permanent Portfolio Discussion
Topic: Fed Going Nuclear - Will the PP get radiation poisoning?
Replies: 40
Views: 1655

Re: Fed Going Nuclear - Will the PP get radiation poisoning?

It makes me wonder if the PP could hold up to a situation where the US is steadily diluted out of being the world reserve currency while the long-term debt cycle comes to an end. What's your prediction on which currency will replace the U.S. dollar? Euro? The euro area economy is even weaker than t...
by stpeter
Thu Feb 13, 2020 3:45 pm
Forum: Permanent Portfolio Discussion
Topic: A popular blogger misses most of it with Gold and the PP
Replies: 11
Views: 4608

Re: A popular blogger misses most of it with Gold and the PP

2. I think it was craigr who pointed out that many of the largest companies in the S&P 500 have substantial commercial real estate holdings.That means an exposure to real property without the managerial risk and expenses associated with selecting and owning an individual REIT. That's a good point. ...
by stpeter
Sat Feb 08, 2020 8:15 pm
Forum: Permanent Portfolio Discussion
Topic: A popular blogger misses most of it with Gold and the PP
Replies: 11
Views: 4608

Re: A popular blogger misses most of it with Gold and the PP

The PP seems to avoids real estate, perhaps because many people are already heavily invested through home ownership (I'd need to revisit what HB says). OK, I checked: HB discusses real estate on pages 114-115 of Fail Safe Investing. He focuses on the fact that your home is not an investment - inste...
by stpeter
Sat Feb 08, 2020 6:56 pm
Forum: Permanent Portfolio Discussion
Topic: A popular blogger misses most of it with Gold and the PP
Replies: 11
Views: 4608

Re: A popular blogger misses most of it with Gold and the PP

Probably lost in my comment responding to ERN's article was this link to an article by the excellent financial advisor Steven Evanson: https://www.evansonasset.com/alternative-asset-classes-64.htm That's an interesting read. Thanks for sharing. Agreed. In his conclusion, the author states that "the...
by stpeter
Mon Oct 28, 2019 9:01 pm
Forum: Permanent Portfolio Discussion
Topic: What is your current portfolio?
Replies: 36
Views: 13391

Re: What us your current portfolio?

I initially went all in with the PP in 2008 but transitioned to the GB about 3 years ago. The reason I did that was precisely for the reason people often warn about with the standard 4x4 - that it will be hard to stick with in times of prosperity when stocks are outperforming (hello Bud and Mathjak...