Search found 1860 matches

by barrett
Wed Sep 28, 2022 9:10 am
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5555
Views: 764695

Re: Coronavirus General Discussion

You did succeed in getting me to test. I pulled out the tests and was ready to follow through until it said to check the expiry dates. Mine were February 2022 and August 2022. Said to not use the tests if past expiration date. I will now go to my medical portal to update my doctor and see what he r...
by barrett
Wed Sep 28, 2022 8:24 am
Forum: Permanent Portfolio Discussion
Topic: Dollar Milkshake Brent Johnson throwing nod to Permanent Portfolio
Replies: 5
Views: 189

Re: Dollar Milkshake Brent Johnson throwing nod to Permanent Portfolio

Yeah I hear he does say real estate instead of long bonds. Probably not a bad portfolio either. Probably not but definitely not comparable to a PP. I tend to look at real estate as a combination of maybe 50% hard-asset inflation hedge with the other 50% being a prosperity tilt. So no deflation prot...
by barrett
Wed Sep 28, 2022 8:15 am
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5555
Views: 764695

Re: Coronavirus General Discussion

I should have put 'super spreader event" in quotes as that was my friend's term. Not that I was agreeing with him. I was posting to describe my symptoms and asking is it (highly) possible that I just have a cold? The same type of things that I have experienced for years? That it is not at all covid...
by barrett
Wed Sep 28, 2022 6:56 am
Forum: Bonds
Topic: TBills as "the best horse at the glue factory?"
Replies: 35
Views: 714

Re: TBills as "the best horse at the glue factory?"

Yikes. Fidelity it is! Thanks. And an FYI, I opened 3 accounts, and already am able to navigate, and was able to add beneficiaries to our joint account. And I can buy 3.45% 3 month CDs in my freaking IRA! If I was able to do that at Ally, it is completely convoluted. Glad looking at bonds forced th...
by barrett
Wed Sep 28, 2022 6:08 am
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 5555
Views: 764695

Re: Coronavirus General Discussion

A friend told me I should inform my periodontist office when I went to an appointment yesterday afternoon that I had a sore throat and had been to a super spreader event. I have some of those free testing kits but I've not pulled them out. This feels exactly like when I've had sore throats and feel...
by barrett
Tue Sep 27, 2022 7:21 am
Forum: Permanent Portfolio Discussion
Topic: Dollar Milkshake Brent Johnson throwing nod to Permanent Portfolio
Replies: 5
Views: 189

Re: Dollar Milkshake Brent Johnson throwing nod to Permanent Portfolio

He skips the 30-year Treasurys and instead throws in 20% of real estate. Not really the same thing.
by barrett
Mon Sep 26, 2022 12:38 pm
Forum: Other Discussions
Topic: $250 investment for a 19 year old?
Replies: 30
Views: 283

Re: $250 investment for a 19 year old?

I don't think the Roth & Robinhood ideas are necessarily mutually exclusive. I see all this online chatter from several months ago that Robinhood was planning add both Roth and tIRA options. Not sure if it's actually been implemented yet. Again, though, the grand kid has to have earned income up to ...
by barrett
Mon Sep 26, 2022 7:20 am
Forum: Other Discussions
Topic: $250 investment for a 19 year old?
Replies: 30
Views: 283

Re: $250 investment for a 19 year old?

It's always interesting to discuss young people and how to best get them off to a good start in their investing lives. But this thread has surprising legs for an investment of $250!
by barrett
Sun Sep 25, 2022 7:12 pm
Forum: Other Discussions
Topic: $250 investment for a 19 year old?
Replies: 30
Views: 283

Re: $250 investment for a 19 year old?

Vinny,

You are aware that a person needs to have earned income in order to contribute to a Roth, right?
by barrett
Sun Sep 25, 2022 6:34 am
Forum: Permanent Portfolio Discussion
Topic: PP YTD performance - was it the worst ever?
Replies: 101
Views: 2811

Re: PP YTD performance - was it the worst ever?

Cortopassi, I am not your guy for explaining all this stuff. I mean, there are a few things I understand, like if a bond with a 3.00% coupon is selling at 97 cents, then your actual yield to maturity (YTM) is going to be higher than 3%. In practice, when I buy Treasuries at Fidelity, I always get a ...
by barrett
Sat Sep 24, 2022 5:35 pm
Forum: Permanent Portfolio Discussion
Topic: PP YTD performance - was it the worst ever?
Replies: 101
Views: 2811

Re: PP YTD performance - was it the worst ever?

I can get a 3 year MYGA for ~4.05% interest right now. Similar 3 year Treasury notes are around 3.56% I am guessing you haven't check Treasury rates in a bit. The 3-year is at 4.26% on the Fidelity website. See here: https://fixedincome.fidelity.com/ftgw/fi/FILanding Even a 3-month issue is yieldin...
by barrett
Sat Sep 24, 2022 11:22 am
Forum: Permanent Portfolio Discussion
Topic: PP YTD performance - was it the worst ever?
Replies: 101
Views: 2811

Re: PP YTD performance - was it the worst ever?

It's down -19.3% YTD. Its turning out to be the worst year since 1937. There's really no portfolio to hide in this year. https://twitter.com/charliebilello/status/1573683627375951878/photo/1 Well, damn, no wonder it feels so lousy. I hadn't realized it was historically that bad. And already within ...
by barrett
Fri Sep 23, 2022 7:09 am
Forum: Bonds
Topic: TBills as "the best horse at the glue factory?"
Replies: 35
Views: 714

Re: TBills as "the best horse at the glue factory?"

Excellent seajay! You've given me and dualstow a well-done prime ribbing! It's very interesting to see how Treasury rates are bouncing all over the place the last 24 hours or so. I say "interesting" because people are always talking about how these thoroughly anticipated rate increases are already "...
by barrett
Thu Sep 22, 2022 5:08 am
Forum: Bonds
Topic: TBills as "the best horse at the glue factory?"
Replies: 35
Views: 714

Re: TBills as "the best horse at the glue factory?"

Coincidentally, I set up a four-rung, one-year T-Bone ladder at the beginning of July and will be able to buy some juicy 4%(ish) one-year Bones at the end of September. I did see on Fidelity's site just now that CD yields have caught up to and even passed the Bone yields for some issues. I plan to k...
by barrett
Wed Sep 07, 2022 11:53 am
Forum: Permanent Portfolio Discussion
Topic: PP YTD performance - was it the worst ever?
Replies: 101
Views: 2811

Re: PP YTD performance - was it the worst ever?

The PP is definitely having its worst draw-down since year 2008. But so is the 60/40 Boglehead portfolio. And so is just about every other portfolio. There's nowhere to hide. This current era reminds me of the old saying "May you live in interesting times". ;) How much was the draw-down in 2008? Is...
by barrett
Wed Sep 07, 2022 5:43 am
Forum: Permanent Portfolio Discussion
Topic: PP YTD performance - was it the worst ever?
Replies: 101
Views: 2811

Re: PP YTD performance - was it the worst ever?

Jason, Many of us feel your pain. Back testing has its limitations but you really should run some different portfolios through portfoliovisualizer.com to get an idea of what different asset allocations have and have not done in the past. Maybe try comparing the PP to a 60/40 allocation. Because you ...
by barrett
Fri Sep 02, 2022 9:20 am
Forum: Politics
Topic: On the subject of Trump
Replies: 54
Views: 1660

Re: On the subject of Trump

Either his handlers are young or have no historical perspective or both. His handlers are a bunch of 32 year olds who spend all their time on twitter. Nothing else makes sense. I guess a photo like that only speaks 1,000 words if one has no clue what the orator actually sounds like. It's not too ha...
by barrett
Fri Sep 02, 2022 9:12 am
Forum: Bonds
Topic: Bond ETFs vs Individual Bonds
Replies: 18
Views: 2113

Re: Bond ETFs vs Individual Bonds

Here ya go...this is how it happens https://pwco.com/how-bond-portfolios-lose-money-and-bounce-back/ Of course reality and interest rates moving around make it more complex but the end effect is the same...complete self-healing over time (largely tied to duration length) The problem with the exampl...
by barrett
Fri Aug 26, 2022 8:28 am
Forum: Other Discussions
Topic: Football
Replies: 11
Views: 344

Re: Football

Man, thanks for sharing that one. It's a great quote and a good reminder to not overthink everything. But George never lived to see the development of the West Coast offense! O0
by barrett
Fri Aug 26, 2022 8:24 am
Forum: Variable Portfolio Discussion
Topic: Covered calls and Cash secured puts in TLT, GLD and SLV
Replies: 78
Views: 6187

Re: Covered calls and Cash secured puts in TLT, GLD and SLV

That 78% in those yielding amounts get me just over what we would typically spend, about $36k a year. Probably just stating the obvious, but that's an annual income of $36k while still not having given up all of your principal as would happen in the theoretical scenario of annuitizing everything. I...
by barrett
Fri Aug 26, 2022 6:24 am
Forum: Variable Portfolio Discussion
Topic: Covered calls and Cash secured puts in TLT, GLD and SLV
Replies: 78
Views: 6187

Re: Covered calls and Cash secured puts in TLT, GLD and SLV

Cortopassi, are serious that you can live on a third of $7,900? Even if you stop working? If so, I believe that my wife and I have become totally detached from reality. But damn! $2,633 per month? Really? What kind of saintly woman did you marry? O0 Absolutely. And that is probably on the high end ...
by barrett
Thu Aug 25, 2022 4:44 pm
Forum: Variable Portfolio Discussion
Topic: Covered calls and Cash secured puts in TLT, GLD and SLV
Replies: 78
Views: 6187

Re: Covered calls and Cash secured puts in TLT, GLD and SLV

Thanks for the resources everyone. Have already headed down the podcast rabbit hole that Desert suggested. If you don't hear anything from me for a few months, that's where I am. Cortopassi, are serious that you can live on a third of $7,900? Even if you stop working? If so, I believe that my wife a...
by barrett
Thu Aug 25, 2022 1:43 pm
Forum: Variable Portfolio Discussion
Topic: Covered calls and Cash secured puts in TLT, GLD and SLV
Replies: 78
Views: 6187

Re: Covered calls and Cash secured puts in TLT, GLD and SLV

I've also looked hard at immediate annuities, if anyone else has any I'd be interested in the experience. With interest rates back up, I am highly leaning toward putting some portion of my net worth with a good company and getting a lifetime income stream. Any recommendations for researching annuit...
by barrett
Mon Aug 22, 2022 11:25 am
Forum: Politics
Topic: Trump reelection bid
Replies: 220
Views: 7296

Re: Trump reelection bid

That article you linked to Pug was from 11/10/21. I wonder if this has been resolved by now. From the link: "Clearly, the Capitol was inadequately defended by the civilian leadership and uniformed law enforcement. But once the tragic events had occurred, it was not surprising that many arrests were ...
by barrett
Mon Aug 22, 2022 7:35 am
Forum: Other Discussions
Topic: Daily "Check In" Thread For Us
Replies: 1644
Views: 250087

Re: Daily "Check In" Thread For Us

Mooncake season is upon us! 😋🤤🥮 But not until September 10, right? Is it creeping earlier each year so that bakeries can sell more mooncakes or something like that? Or more likely so that people can just eat more of them? I'm always curious how the dates for the Chinese (Lunar) holidays are determi...