Just as an averaging down strategy, less than 10% "dry" powder to average down seems pretty small?

If GLD is 137 and you've bought 2007 shares with 275k, and it drops to 135, and you average in 185 shares with 25k, you've only averaged down ~17 cents of that $2 drop.

Wouldn't work for me, bottom line. Glad it works for you. My results, this year, if I had 275k in each of GLD and TLT in each at the beginning of the year I would be sitting on a paper gain of $65k. With no work. Obviously, they don't go up every year, and your strategy has a better chance of catchi...

Really, you believe that it is not speculating? Buy gold after a 5% drop. It rises 5%. You’ve made 5%. Now what happens when there’s a steady 20% climb, like just happened from June to sept? How are you getting back in? You’d get in after a few percent correction after the 20% rise, so haven’t you l...

mj, I am glad you show up every now and then to do this. Because it makes me remember for 20 years I tried this...I would work with a buddy who was as lucky/good as timing as you, and follow his lead. But through very small timing differences (hours to days) he would almost always make a profit, an...

On the debt, what about the argument about all the interest payments to the private sector? People have been saying for years that everything implodes if interest rates ever get back up to a "normal" level, because all the govt revenue would be going to service the debt. So does that mean interest r...

mj, I am glad you show up every now and then to do this. Because it makes me remember for 20 years I tried this...I would work with a buddy who was as lucky/good as timing as you, and follow his lead. But through very small timing differences (hours to days) he would almost always make a profit, and...

i still have my copy of best laid ... i have it decades . i don't use the pp all the time .. i tend to use it as my variable portfolio taking profits in gold and tlt as they do their rise and fall . been washing and repeating for 30 years now .. my main portfolio is a core of fidelity funds that ch...

What I'd love in Jan on my annual rebalance is the opposite of what happened last year. With the drop in stocks late last year I was not able to lock in gains and sell some stocks in a rebalance. This year I'd be able to rebalance a bit out of stocks if this uptrend holds. You could always do it ea...

What I'd love in Jan on my annual rebalance is the opposite of what happened last year. With the drop in stocks late last year I was not able to lock in gains and sell some stocks in a rebalance.

This year I'd be able to rebalance a bit out of stocks if this uptrend holds.

Anyone read/hear anything that's slamming gold and bonds today? Everyone will be putting 100% of their money in the stock market forever or something like that? No risk 25% a year investing?

As I've said a few times, I am generally fine with what he's doing for the most part. But does he have to be such a dickwad while doing it? Is that a requirement for it to get done? --He's done nothing about the debt, projected to be more than Obama if he serves another 4 years. In such a roaring ec...

Any person on this board would make a better representative, senator or president than the people who are there now. Why can't government work this way? Dammit, you all have rational responses and are smart people. Who the hell do we have representing us and how do we change that? I ran across an a...