Jack Jones wrote: ↑Mon Jan 20, 2025 9:19 am Biden preemptively pardons Fauci. Not a good look for a guy who supposedly did nothing wrong.

Well of course they’ll say they assume the administration would go after him whether he’s guilty or not.
But I’m curious- how long has this preemptive pardon been allowed?

According to Mosler's Fraud #1, inflation can arise when government spending is too high or when taxes are too low. We can invert this to say that deflation can arise when government spending is too low or when taxes are too high. So according to (inverted) Mosler, deflation is quite possible, ever...

He has a website but I didn’t read it, including the following:
https://moslereconomics.com/2008/07/15/ ... -forecast/

It’s natural to hate holding long bonds when one gets older, especially after recent disappointment. And that, despite the fact that they really performed well for me, because interest rates kept falling. I keep weighing it against owning shares of Berkshire or Alphabet, and it seems silly. Still, a...

Kevin K. wrote: ↑Tue Jan 14, 2025 2:58 pm Not his intention of course but here we are:

https://awealthofcommonsense.com/2025/0 ... -and-gold/

Ha! He’s got the diversification. Now he just needs to mention rebalancing.

Vinny, you’ve made me proud!

Anyway, you got me to read a couple AQR and Cliff Asness threads at b’heads (where he used to actually post).

https://www.wsj.com/finance/investing/what-you-dont-know-could-sting-your-portfolio-6c095df2 In an email, the Fidelity representative spelled out seven ways Armbruster could make up the shortfall. Several involved what the rep called “asset shift,” or moves into investments run by Fidelity affiliate...

It was in the low 2600s last week. i shouldn’t have blinked.

So well said

Well people who use the pp continue to buy stocks, 😂 And there are non-pp’ers who buy gold. Even bogleheads buy treasuries. (Admittedly, they usually eschew the longest-term bonds). I’d hate to think we’re buggy whip owners even if we do watch the McLarens and Ferraris of the all-stock portfolio spe...

wow!

I'm reposting mathjak107's reply here... because when he refers to "hedge fund strategies" I do believe that he's referring to strategies that use trendfollowing to enter and exit positions. Trendfollowing is at the heart of most Tactical Asset Allocation strategies, which is what this th...

The main reason I have been so slow to buy bonds, to buy more bonds, is because my pre-pp dividend stocks keep raising their payouts every year.

Even so, I don’t have enough treasurys and I think I’m jumping in over the next several months.

US 10-year notes have hit 4.8%

If you do, there had better be some drum fills included

Those numbers certainly look good, I must admit. I won’t be chasing it.
Hope it serves you well, though.

Looks like it goes back to mid-2020 — ?
Edit: was still typing when m posted.

I was looking at Yahoo Finance. It shows a 23% return from 2020. Share price went from $10 to $12 and change so not annualized. But after your post above I looked at Vanguard, which has returns like the ones you stated. Which is correct?

mathjak107 wrote: ↑Fri Jan 10, 2025 6:13 pm you do understand that return is net of fees

It’s still terrible

less risky funds like qdsnx were up a little bit today too. they are a mix of different types of alternative fund strategy’s 5-year return of 23% and an expense ratio equal to the yield? No thanks. I understand your disdain for 30-year bonds, mathjak. They’re widely unloved. But qdsnx looks worse. ...

ppnewbie wrote: ↑Wed Jan 08, 2025 5:02 pm https://mutinyfund.com/permanent-portfolio/

Thanks, that was a great read!

Well that’s what’s available now
I did use the conditional…

Smith1776 wrote: ↑Thu Jan 09, 2025 2:38 am My mom has been a vegetarian for 20 something years, and for her it would be harder to eat meat than not to. It's a moral thing for her rather than for health reasons.

It would be for me, too. I want lab grown meat.
Thanks, all.

Need to rebalance more into LTT's. This is good news. I will find it hard not to buy some treasury bonds at 5% I don’t think I can commit to 1/4 in 30-year bonds. That ship has sailed for me. At the same time, 5% in a risk-free instrument is very appealing. Even ten-year treasurys are approaching t...