I don't own FBND, I also think it's too long. I'm keeping ~2 years average in my port. I was just saying, it's better than AGG, BND.

Let's go

Does that really make a lot of sense, that the states could be more reliable at returning nominal dollars when they can't print and the feds can? I bought some short-term munis in an ETF, it's the iShares IBM* (* is a wildcard) family of ETFs. Choose your maturity. I'm keeping the term short, 1-2 y...

I just found out that Texas has a program whereby seniors 65+ can defer paying all property tax until their home is no longer their primary residence, and interest accrues at 5% annually... and no taxing authorities are allowed to foreclose on you during that time. Other States offer this too. This ...

Fidelity FBND is pretty good for an aggregate bond fund

interesting enough powell made a statement this morning “Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges” Fed Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. “We m...

I use this one: Walked-forward maximize Sharpe Ratio, with low exposure to rising interest rates https://allocatesmartly.com/big-new-feature-walked-forward-optimal-strategy-combinations-aka-meta-walk-forwards/ Sorry, it's behind a paywall, but honestly, it's worth every penny. I pay this service 1/3...

Indians lured to war in Ukraine by Russia under pretense of job opportunities

https://youtu.be/k6Dlqw8PVnM?si=DWylQPbuqnosrLkf

Washington — Treasury Secretary Scott Bessent told Congressional leaders Friday (May 09, 2025) that the federal government could be unable to pay its bills as soon as August if Congress doesn't act, urging lawmakers to address the debt limit by mid July. In a letter to House Speaker Mike Johnson, Be...

White Sox not Cubs

OCHOTONA Hi! Invesco's Swiss Franc ETF + iGOV iShares International sovereign bond ETF = both for 25% cash portion of PP? Or it is a second PP outside US-HB-PP? 8) ??? One consideration is that the IGOV has a duration of 7-8 years, similar to IEF. Some people implement a US Permanent Portfolio of 2...

I'm very satisfied that the poor and marginalized, migrants. and the Global South generally , continue to have someone in their corner. I view his Papacy as the second Latin American Papacy, as much as it is a North American Papacy. He is a naturalized Peruvian citizen, after all, and he was a Bisho...

Hi 👋🏻 An US citizen should have 20-30% in directly euros 💶? I don't think Euro is the best choice for US persons. Many EU countries (I'm looking at you, France) have as bad a debt crisis as the US - NATO has been tasked with increasing deficit spending to fund defense, Germany is taking on more deb...

No one knows that a complete collapse of US Bonds and Cash and Stocks would look like, but long-term scenarios being suggested by various gold bugs out there like Jordan Roy-Bryne are 10,000 - 25,000 USD. It's 3400 now, so if it goes up by 4x to 13,600 then you're covered in nominal terms. Even Luke...

Gold has doubled since this first post of this thread.

Gold is a currency agnostic asset. It's just a metal... it gets expressed in different currency units. It doesn't matter where you hold it. Your considerations are index tracking error, annaul expense ratio, TAXATION - look up "USA gold commodity tax".

I currently have a light allocation to exUS stocks... 6% to IEFA, and 6% to EMXC (Emerging Markets exChina). No US stocks. The rest gold, short term bonds, cash equivalents, and IGOV (exUS government bonds). I have to say, my ideas from years ago of combining TAA and the cash, bonds, and gold from t...

Clearly, gold is a currency. So definitely, 25% is a good amount. I have been taking my cues from what the Global Market Portfolio is... the GMP. If you take ALL stocks, ALL bonds in the world, the US contributes roughly 40% to that total. So if you just wanted to hold the world, you'd have 60% exUS...

IGOV ETF has AUM = $830 Million

That's not little. It's not like IEF AUM = $34,715 million, but almost a billion dollars is certainly large enough to be a well-functioning ETF.

$20 million is the extinction point. I generally don't buy anything under $100 million.

If you're a real capital allocator who actually builds things, hires people, and makes product, then you MUST be able to quantify risk and be able to show real numbers in your business plan. Uncertainty is the death of that. https://www.cnbc.com/2025/04/29/pfizer-ceo-trump-tariff-uncertainty-is-dete...

If you could hedge away all currency risk by 100%, and just look at the ETF holdings... then you have to ask yourself, why has the US outperformed? The US has really pumped money into the markets by issuance of government debt over many decades. We are so indebted, though I think we do rival France ...

https://www.cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html President Donald Trump’s wants to “drill, baby, drill” but his first 100 days in office have been rough for oilfield service firms. Baker Hughes and SLB see investment in drilling slowing this year...

Currency is top of mind for US investors too, at least for me it is. I should probably change my handle to "MrTactical". I think US diversification is a worthy goal over the long term, but I think you're facing a number of challenges: The US has a tremendous amount of short-term debt comin...

Everything in life is "picking". It never ends. If you go by what somewhat wrote in their book about what should go inside of a lazy, low volatility portfolio, that's allowing someone else to make the choice. That's picking by deciding to not pick. Not actively choosing is a kind of choice...

dualstow wrote: ↑Sun Apr 27, 2025 3:33 pm Wasn’t the shooter Luigi?

I was thinking more of this Luigi. I spent some years in Providence.

https://en.wikipedia.org/wiki/Luigi_Manocchio