Search found 79 matches

by Mike59
Mon Aug 19, 2019 6:59 pm
Forum: Permanent Portfolio Discussion
Topic: I'm feeling some paralysis about new money
Replies: 27
Views: 16943

Re: I'm feeling some paralysis about new money

Having been through a couple of cycles and having done a ton of research, I can tell you that investing up front is statistically most likely to return you the highest. You're losing out on bond yield, stock dividends and capital gains on the sidelines, ultimately you miss out on the power of compou...
by Mike59
Fri Aug 09, 2019 5:53 am
Forum: Stocks
Topic: The Single Best Equity ETF for Canadians
Replies: 2
Views: 6186

Re: The Single Best Equity ETF for Canadians

The ETF is an interesting idea but I feel there is too much Canadian exposure for a domestic investor. By CAPE ratio Canada is over 20 and has been more overvalued than Europe and EM for some time, for this reason I have no interest unless the market took a serious haircut. With the US ratio being e...
by Mike59
Fri Aug 09, 2019 5:28 am
Forum: Gold
Topic: What's going on with silver?
Replies: 166
Views: 75689

Re: What's going on with silver?

In my experience precious metals trading is best done by relative valuation compared to a long term mean. I use a 50 month SMA. As it stands silver is on my watch list and I would say it's neutral (close to it's 50 month SMA), I've been loading up on Platinum in the last year in my VP and I see much...
by Mike59
Thu Apr 25, 2019 9:22 pm
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 5784

Re: Viability of HBPP with perpetually low interest rate Fed

Concerns about perpetually low interest rates are perfectly valid, they can go lower, and may even go negative as you've stated. The problem is- what if you align yourself for this expectation and are wrong? I'd rather have a portfolio that takes my emotions out of it and forces me to mechanically t...
by Mike59
Thu Apr 25, 2019 9:01 pm
Forum: Gold
Topic: What's going on with silver?
Replies: 166
Views: 75689

Re: What's going on with silver?

kitco close 2019/04/24: $15.00 currently sits at $14.94 Problem with silver is that I love it, and you're not supposed to fall in love with investments right? :-[ I still have too much from the $20-50 era and added it to my PP as along term holding so the losses aren't realized. Have done much bette...
by Mike59
Thu Apr 25, 2019 8:53 pm
Forum: Variable Portfolio Discussion
Topic: Thoughts on Emerging Markets?
Replies: 24
Views: 5461

Re: Thoughts on Emerging Markets?

From a CAPE/Schiller ratio standpoint, EM is where you want to be if you're looking for higher long term returns. I've bought nothing but EM and Developed Europe for my PP for the last couple of years, both are looking a little richer than I'd like right now (as with most world equities). The true o...
by Mike59
Thu Apr 25, 2019 8:48 pm
Forum: Variable Portfolio Discussion
Topic: Uranium
Replies: 2
Views: 938

Uranium

Uranium stocks are down 90% off their all time highs. Anyone else eyeing this ? I own the components of URA individually (Cameco/Nexgen/Uranium Participation) with exposure in the US, especially with this talk of Trump looking to put Tarrifs on foreign uranium. As I've heard on some podcasts, either...
by Mike59
Thu Apr 25, 2019 8:39 pm
Forum: Variable Portfolio Discussion
Topic: Canada EWC ETF a value play?
Replies: 14
Views: 5556

Re: Canada EWC ETF a value play?

Canadian investor here and I'd discourage buying EWC. Canadian banks are betting heavily on Canadian real estate which is probably one of the world's largest bubbles right now, I would steer far away if you're looking at a value play. On a more technical basis, CAPE ratios suggest Canada is still ne...
by Mike59
Sun Apr 08, 2018 8:36 pm
Forum: Permanent Portfolio Discussion
Topic: PP performance for Q1 2018
Replies: 19
Views: 7883

Re: PP performance for Q1 2018

Another Canadian here, I run a slightly modified Permanent portfolio, interesting how currency, hedging and exposure can tilt the results. The figures below do not count dividends... Gold: CGL.C (unhedged gold etf): +4.76% Stocks (split between Developed europe and emerging markets without any US or...
by Mike59
Wed Aug 19, 2015 8:35 pm
Forum: Gold
Topic: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion
Replies: 208
Views: 47716

Re: Sprott Intends to Make Exchange Offers for Central GoldTrust and Silver Bullion

so, this story drags on, the discounts are ridiculous compared to NAV (which I'm ok with, I've stacked CEF recently at -12%, looking to hit a rebalancing band soon and throw some cash at GTU which sits at -6%). Surprisingly  my precious metal positions are in the green... Can anyone help translate t...
by Mike59
Sun Jun 28, 2015 5:56 pm
Forum: Other Discussions
Topic: Greece to close banks and stock market amidst financial panic
Replies: 7
Views: 2051

Re: Greece to close banks and stock market amidst financial panic

http://money.cnn.com/data/premarket/

US S&P futures down -1.5% , ouch!  If this sticks overnight it's the most excitement /volatility I've seen in a long time, takes me back to August 2011 fiscal cliff days...  ;D
by Mike59
Sun Jun 28, 2015 5:51 pm
Forum: Other Discussions
Topic: Chromebook, tablet, or Linux
Replies: 40
Views: 6462

Re: Chromebook, tablet, or Linux

I pulled out the old laptop, and used a puppy linux liveCD to test. I think this might be a reasonable option while I explore alternatives [or not]. I think I need to wipe WindowsXP and install a full version of linux on the HD. I am not that familiar with the difference between all the distros. Do...