Search found 1748 matches

by barrett
Thu Jan 20, 2022 9:23 am
Forum: Other Discussions
Topic: Reasons why I will not be getting injected for the Wuhan
Replies: 1991
Views: 126404

Re: Reasons why I will not be getting injected for the Wuhan

The latest video (from 1/20/22) from the UK's Dr. John Campbell: https://www.youtube.com/watch?v=9UHvwWWcjYw Looking at excess deaths, deaths solely from Covid, average age of people who have died, people with serious non-virus conditions delaying treatment, and so on. This guy has done a great job ...
by barrett
Fri Jan 14, 2022 2:43 pm
Forum: Bonds
Topic: I Bonds for Permanent Portfolio
Replies: 40
Views: 1064

Re: I Bonds for Permanent Portfolio

Thanks for this. Any idea why they came in 12 separate bonds in 12 separate envelopes? Is that normal? Don't know about the 12 envelopes but Bogleheads often post about getting a bunch of smaller bonds. ALSO, if you are going to delay converting these to electronic bonds, make sure you write down a...
by barrett
Thu Jan 13, 2022 2:51 pm
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 89
Views: 2436

Re: The PP, marginal utility, and investment "faith"

Smith1776 wrote:
Thu Jan 13, 2022 11:50 am
I'm just viewing this thread on desktop for the first time since my last post and seeing how big that screenshot was lol. Sorry!
I thought you were just using a large font to help out us older folks.

Does this mean that the Rainy Day Portfolio has been implemented? Do we have liftoff?
by barrett
Thu Jan 13, 2022 2:33 pm
Forum: Bonds
Topic: I Bonds for Permanent Portfolio
Replies: 40
Views: 1064

Re: I Bonds for Permanent Portfolio

No opinion on iBonds per se, but I am strongly against the little optimizations . I think they are a distraction. I call it "optimizing the small". Local Optimizations for the mathematically inclined. They can make you feel like you are optimizing while you are actually doing nothing that will have...
by barrett
Thu Jan 13, 2022 1:57 pm
Forum: Bonds
Topic: I Bonds for Permanent Portfolio
Replies: 40
Views: 1064

Re: I Bonds for Permanent Portfolio

I don't get why you'd think buying I-bonds is trouble. It takes maybe 10 minutes a year to do. Exactly! It's a piece of cake. For most of us who are into personal finance (I think that's why most of us are here, right?) we feel the little optimizations add up to something worthwhile over time. It's...
by barrett
Wed Jan 12, 2022 10:12 am
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 89
Views: 2436

Re: The PP, marginal utility, and investment "faith"

That's a good point. Since it's Canadian and since the stock portion is globally diversified, it's not technically a GB. What shall I call it then? The All Winter portfolio? O0 Well, you are in the Lower mainland of BC so maybe the All Rainy Weather Portfolio? At least this time of the year. Perhap...
by barrett
Wed Jan 12, 2022 8:57 am
Forum: Bonds
Topic: I Bonds for Permanent Portfolio
Replies: 40
Views: 1064

Re: I Bonds for Permanent Portfolio

The 10k would be more an inconvenience opening the accounts with treasury direct and moving money and would be peeing in the ocean for us so I look for bigger deals with more money all the time. One man's peeing in the ocean is another man's partial solution for becoming semi wealthy! Seriously, th...
by barrett
Wed Jan 12, 2022 6:20 am
Forum: Bonds
Topic: I Bonds for Permanent Portfolio
Replies: 40
Views: 1064

Re: I Bonds for Permanent Portfolio

I-Bonds have no place in a HBPP. They really aren't suitable for a VP either. Something needs to have an upside potential of at least 5X to satisfy HB criteria for a good risk/reward speculation in a VP. YMMV. Can you clarify that? Why not have your PP cash in I-bonds? A couple of things... 1) If w...
by barrett
Tue Jan 11, 2022 6:53 pm
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 89
Views: 2436

Re: The PP, marginal utility, and investment "faith"

I don't care what ya'll say. I like Ray Dalio. There's a young guy from my gym who interviewed with Bridgewater a couple of years back (didn't get the job). He said that Bridgewater gets a huge portion of its gains from currency trading... that the rest of its investments are nothing special. Inter...
by barrett
Sat Jan 08, 2022 6:11 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Failure?
Replies: 34
Views: 1073

Re: Permanent Portfolio Failure?

Vanguard adjusts the bond side as they see fit ….8 years is pretty much on par with a total bond fund which bnd is 7. Wellesly returned 8% last year which is fine , the pp returned about 4-5 That's apples to oranges, right? I guess with gold down a bit in 2021, 80% Wellesley & 20% gold would have r...
by barrett
Sat Jan 08, 2022 1:00 pm
Forum: Other Discussions
Topic: Electric Vehicles and Tires
Replies: 35
Views: 533

Re: Wages (e.g) at McDonalds

Not to get too off topic, but the same is going to happen with EVs. My Tesla burns no fossil fuels, but tires need to be replaced twice as often . How is that good for the environment? And then there's those pesky batteries.... Even more off topic... why do the tires on a Tesla need to be replaced ...
by barrett
Sat Jan 08, 2022 12:40 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Failure?
Replies: 34
Views: 1073

Re: Permanent Portfolio Failure?

mathjak107 wrote:
Sat Jan 08, 2022 12:21 pm
Exactly and wellsely and gold make an interesting combo
It doesn't bother you that the bond duration is about 8 years? I also like the idea of Wellesley with a slice of gold but am always put off at the commission if buying VWINX through Fidelity (where I have all my accounts).
by barrett
Wed Jan 05, 2022 8:31 am
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 89
Views: 2436

Re: The PP, marginal utility, and investment "faith"

Just wanted to add that when your portfolio is larger, even if you strive for balance in your asset allocation, there will be plenty of days that you are down (or up) $10,000 or more. So, even with a PP allocation, it's best to zoom out and only reasses periodically. mathjak has frequently posted ab...
by barrett
Wed Jan 05, 2022 8:17 am
Forum: Other Discussions
Topic: New Financial Circumstances
Replies: 26
Views: 677

Re: New Financial Circumstances

Speaking of a $55,00 special levies, one of the things that I always struggled to understand when I lived in a co-op building in NYC was the overall financial health of the building. Co-ops are kind of a northeast US thing but, for this discussion, think of them as being similar to condos or any oth...
by barrett
Tue Jan 04, 2022 6:35 am
Forum: Other Discussions
Topic: New Financial Circumstances
Replies: 26
Views: 677

Re: New Financial Circumstances

Yeah, I want to see that Black Yard. Or, in real estate parlance, BLACK YARD!!!!! Do you happen to know if the green space is protected from future development? And any idea of the demographic out that way? Any other young people? Don't know if/where you work at the moment but how does the commute o...
by barrett
Mon Jan 03, 2022 1:53 pm
Forum: Other Discussions
Topic: New Financial Circumstances
Replies: 26
Views: 677

Re: New Financial Circumstances

Are you happy overall with your decision to move to CT? For the most part, yes. The parallel between my situation at age 59 (when I sold my place in NYC) and you at a much younger age, is that I had way too much of my net worth in residential real estate. I never really had thought in terms a home ...
by barrett
Mon Jan 03, 2022 1:00 pm
Forum: Other Discussions
Topic: New Financial Circumstances
Replies: 26
Views: 677

Re: New Financial Circumstances

Good that you have the car piece of the puzzle figured out. When I moved away from an area with good public transit (NYC to CT), I never dreamed that I'd be spending so much on cars. But we drive a lot for work so the expenses add up. How do property taxes in Langley compare with other areas? That's...
by barrett
Mon Jan 03, 2022 12:38 pm
Forum: Other Discussions
Topic: New Financial Circumstances
Replies: 26
Views: 677

Re: New Financial Circumstances

I know that the public train goes out as far as Surrey. Does that extend to anywhere in Langley? I imagine you've factored in car ownership/dependence? Good luck with your search!
by barrett
Mon Jan 03, 2022 11:44 am
Forum: Bonds
Topic: FUAMX for Bonds?
Replies: 6
Views: 187

Re: FUAMX for Bonds?

, for some reason, it's harder for me to do the same for me and my wife. Funny, I usually find it easier to do anything in my own account but harder in others’. Or even to give advice, because if they don’t like the performance, even short term…. I held that fund you mentioned for some time. I have...
by barrett
Mon Jan 03, 2022 11:33 am
Forum: Bonds
Topic: FUAMX for Bonds?
Replies: 6
Views: 187

Re: FUAMX for Bonds?

mathjak107 wrote:
Mon Jan 03, 2022 10:27 am
nope fumbx .... the shorter version
I see that FUMBX has a duration of about 2.7 years which is consistent with your view that one should avoid longer dated treasuries at the moment.
by barrett
Mon Jan 03, 2022 10:02 am
Forum: Bonds
Topic: FUAMX for Bonds?
Replies: 6
Views: 187

FUAMX for Bonds?

I am curious if any Fidelity folks here use FUAMX for bonds. See here: https://fundresearch.fidelity.com/mutual-funds/summary/31635V257 It's 7-10 year treasuries with a current duration (as of 11/30/21) of 6.68 years. This would be a bullet approach as opposed to the barbell. Expense ration is 0.03%...
by barrett
Mon Jan 03, 2022 9:49 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 1025

Re: 2021 PP Returns

I just rebalanced everything for 2022. Takeaway, a good amount of stock sold, rebalanced with buying of gold and a lot of silver. TLT was relatively flat comparatively. Ah, I was just going to ask if anyone was rebalancing with the big run up in stocks in 2021. Today looks to be as good as any to s...
by barrett
Mon Jan 03, 2022 9:31 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 1025

Re: 2021 PP Returns

We get to move our yearly spending in to checking Monday Curious how you approach this, mathjak. I'm 63 and so far I have just pulled money as needed from taxable accounts, as my wife is still working and earning money. I know you've written on here that you use Clyatt's 95/5 rule, but I am curious...
by barrett
Sun Jan 02, 2022 6:07 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 1025

Re: 2021 PP Returns

Right now we are using only our taxable accounts …growth has been such that we are 6-1/ 2 years retired and have not had to touch our retirement money .. We have about 90-100k coming out a year from our portfolio money and about 60k in ss and pension ….. A lot of the taxable account is bonds and ca...
by barrett
Sat Jan 01, 2022 3:30 pm
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 1025

Re: 2021 PP Returns

We get to move our yearly spending in to checking Monday Curious how you approach this, mathjak. I'm 63 and so far I have just pulled money as needed from taxable accounts, as my wife is still working and earning money. I know you've written on here that you use Clyatt's 95/5 rule, but I am curious...