Search found 117 matches

by AnotherSwede
Fri May 17, 2019 10:45 pm
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 13692

Re: Viability of HBPP with perpetually low interest rate Fed

How has Euro PP performed in that environment? Gold: 1,7% Bonds: 0,9% Stocks: -0,5% Cash: 0,7% So an average of 0.7% in 2018, thanks to gold. I'm switching out of a Euro PP, and taking steps toward a global PP. I've already moved out of EU stocks, and taken a global stocks fund. I'll probably do th...
by AnotherSwede
Fri Mar 16, 2018 3:06 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

eldrinsson wrote: How did you have yours?
About 75% GLD ETF, 25% physical.

I am thinking about maybe doing kind of euro/global Golden butterfly, inspired by rikatillsammans. Seems likely to beat mortgage interest over 3-5 years.

75% equity is starting to affect sleeping, at least during the day ;)
by AnotherSwede
Sun Mar 04, 2018 1:44 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

I just went to minpension.se and did a government approved pension prognosis.

If I go at 65 I will get 50.4% of what I earnt last year. This has been dropping like a rock from 65-70% not many years ago.
by AnotherSwede
Sun Mar 04, 2018 1:28 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

Current crop of 65-70-year olds has been able to retire on 70-80% of salary and have enjoyed at least 5x real house price increase. House bought with no money down so that is infinite return on investment. There is limitations on taking out pension outside of europe I think. And Spain/Portugal that ...
by AnotherSwede
Sat Mar 03, 2018 11:19 pm
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

I don't think it is a coincident that all options except consuming, and saving in risky assets with no real return except price increase is removed.
by AnotherSwede
Sat Mar 03, 2018 6:53 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

Mortgages are 100 years in Sweden?.. Mortgages are until hell freezes over. Until last year or so it was the norm to not pay off the loan, then rules changed to pay 2% a year down to 70%, then 1% down to 50, then optional. Infinite mortgage, interest rates close to zero and 15+ years of increasing ...
by AnotherSwede
Fri Mar 02, 2018 8:03 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

- I've had a very hard time to to find long-term-bonds that is logically connected to the the Swedish economy/currency I think I would be to nervous having a 75/25 stock/gold portfolio - So to be able to let go of worrying I have that part. ;) I haven't found a good way to buy gold right now except...
by AnotherSwede
Thu Mar 01, 2018 1:04 pm
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

IMO, many average income Europeans from developed EU countries should be probably 100% stocks. For example, if you're expecting pension of 2K EUR/month in todays money, that's 24K/year and at 3-4% safe withdrawal rate that represents 600-800K EUR in terms of fixed income. I am not to far off with m...
by AnotherSwede
Tue Feb 27, 2018 12:27 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

"what correlates best to Sweden." Thank you, but I am not sure I trust correlations. I have since years used global stocks over domestic, I think that is good diversification. Bonds are harder, there is no domestic alternative and I don't trust EU or the euro. But maybe I should just accept our fate...
by AnotherSwede
Sat Feb 24, 2018 3:08 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

Eldrinsson,
What did you settle for?

Do you have suggestions for gold ETFs that are allowed? SPDR is no longer.
by AnotherSwede
Sat Jan 13, 2018 9:51 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

Eldrinson, I have not considered euro bonds before yesterday. And as you write you can't really get more than 2-3 year duration AND contaminated by corporate, municipal, probably real estate bonds also. So, no duration, no volayility, lots of risk and similar interest compared to the mortgage. Watca...
by AnotherSwede
Fri Jan 12, 2018 8:28 am
Forum: Permanent Portfolio Discussion
Topic: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?
Replies: 30
Views: 18894

Re: In a small country (Sweden) that has severe limitations, what is the "next best" to Permanent Portfolio?

I can't accept there exists a swede without a mortgage.

Paying ~1.2% interest and losing on the interest portion doesn't sound appealing.

I find the euro debt / global stocks acceptable despite mortgage, at least you get volatility that way. I have to consider that one despite mistrusting the euro.
by AnotherSwede
Thu Jul 27, 2017 1:40 pm
Forum: Other Discussions
Topic: Self Driving Cars Article
Replies: 104
Views: 55353

Re: Self Driving Cars Article

by AnotherSwede
Thu Jul 27, 2017 3:15 am
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation Ideas when you have a Mortgage
Replies: 15
Views: 13304

Re: Asset Allocation Ideas when you have a Mortgage

I agree with Desert. Considering the mortgage a fixed income asset seems most reasonable. In my country where "everyone" has a 3 month duration mortgage it is cash. With a mortgage interest of about 1% and savings interest of 0.5% and gvmt bonds negative you pay down the mortgage before loading up o...
by AnotherSwede
Tue Jun 27, 2017 11:11 am
Forum: Permanent Portfolio Discussion
Topic: Don't Understand Silver Bullion
Replies: 12
Views: 9415

Re: Don't Understand Silver Bullion

VAT?

I have thought about buying silver coins "for fun", old "Krona" had 40% silver and older 80%. But silver has VAT, "investment" gold not. "Investment" gold is not covered by insurance, but "collectibles" gold is.
by AnotherSwede
Fri Jun 23, 2017 12:16 pm
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47052

Re: Starting EU PP, doubts about the bonds part

Kökkebäcker: I "can't" have lots of cash since I have a mortgage at floating interest, basically anti-cash. Blueruin: most of the stocks is in a retirement account locked away for 12+ years, so in the event of great depression v2, I will be as screwed as the rest of the middle/working class but with...
by AnotherSwede
Fri Jun 23, 2017 8:38 am
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47052

Re: Starting EU PP, doubts about the bonds part

My conlusion also, not even worthy a Desert portfolio. And I don't trust the euro.

I choose to use a 75:25 stock:gold-portfolio with stock being almost only mandatory retirement savings.
by AnotherSwede
Fri Jun 23, 2017 7:25 am
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47052

Re: Starting EU PP, doubts about the bonds part

Are you suggesting that the HBPP does not work as advertised for international investors, then? Harry Browne never suggested that , he always advocated for following the basic PP principles as applied to whatever domestic economy you live and work in. And the PP has a long and storied history of wo...
by AnotherSwede
Fri Jun 23, 2017 2:04 am
Forum: Permanent Portfolio Discussion
Topic: Hambone
Replies: 1
Views: 2621

Hambone

That growth, both real and in assets valuations, depends on demographics is not a new opinion, but Hambone has dedicated a whole blog to the idea. https://econimica.blogspot.se/?m=1 I think PP would do relatively good (less bad), reaping diversification benefits from volatile stocks and bonds trendi...
by AnotherSwede
Fri Jun 23, 2017 1:45 am
Forum: Permanent Portfolio Discussion
Topic: Worst Crash Coming article
Replies: 7
Views: 6841

Re: Worst Crash Coming article

Libertarian666 wrote:Since the stock market goes up more than it goes downP
That is just a prediction.
by AnotherSwede
Mon May 15, 2017 11:20 am
Forum: Variable Portfolio Discussion
Topic: Income portfolios?
Replies: 20
Views: 16288

Re: Income portfolios?

Isnt PP an income portfolio? Use cash until need to rebalance.
by AnotherSwede
Fri May 12, 2017 3:27 pm
Forum: Permanent Portfolio Discussion
Topic: Stocks, bonds, and gold have all returned 6.3% annualized over the last 10 years!
Replies: 16
Views: 10836

Re: Stocks, bonds, and gold have all returned 6.3% annualized over the last 10 years!

dualstow wrote:You mean the OP? I think it was just a simulation, wasn't it?
Or you mean availability of American / British treasuries?
And I meant the PP in general.
by AnotherSwede
Fri May 12, 2017 3:27 pm
Forum: Permanent Portfolio Discussion
Topic: Stocks, bonds, and gold have all returned 6.3% annualized over the last 10 years!
Replies: 16
Views: 10836

Re: Stocks, bonds, and gold have all returned 6.3% annualized over the last 10 years!

Or you mean availability of American / British treasuries? Yes, primarily treasuries (even 3+ year duration mutual funds are hard to find in Sweden), you can't have the cash as cash, in the bank is some kind of risk above deposit guarantee and mutual funds are like 0.4% fee for a negative return (o...