Search found 78 matches

by Matthew19
Thu Dec 17, 2020 11:52 pm
Forum: Other Discussions
Topic: Bitcoin - they coming for you
Replies: 43
Views: 1068

Re: Bitcoin - they coming for you

he fact that there are so many competing cryptos and barrier to entry is so low makes it all the more confusing. Bitcoin is open source, you could personally clone it and launch a new version tomorrow. What you're missing is the value of network effect. The users add to the value, which brings in m...
by Matthew19
Sun Dec 13, 2020 10:19 pm
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 614

Re: PP* Portfolio

Can this be back tested?
by Matthew19
Fri Dec 11, 2020 12:13 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 723

Re: Talk on the PP

This boob had to look to Wikipedia for what the PP actually is, meaning he doesn’t understand it and can’t have a properly formed opinion. Here’s the thing, the PP is based on principles yet financial advisors invest based on circumstance. A circumstance-based investor can’t comprehend a principle b...
by Matthew19
Tue Dec 08, 2020 11:19 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 723

Re: Talk on the PP

Time stamp would be helpful. Can’t sift through 1hr video for a quick mention
by Matthew19
Fri Sep 11, 2020 11:21 am
Forum: Permanent Portfolio Discussion
Topic: Bonds and the PP -- still make sense?
Replies: 59
Views: 4209

Re: Bonds and the PP -- still make sense?

I hate LTT, but you’ve gotta go all in on the PP for it to work.

What I’ve done is to take the other side, creating a variable portfolio with some extra silver/gold in it. The PP is untouched.
by Matthew19
Fri Jul 03, 2020 10:53 am
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 965

Re: Funds or etfs for Stocks

One other factor you might want to consider is that your settlement period will probably different as well. For example, let's say there is a sudden major market correction and you need to re-balance some assets. The recent lock-downs are a perfect example when the market was swishing +/- 10% daily...
by Matthew19
Thu Jul 02, 2020 11:03 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 965

Re: Funds or etfs for Stocks

Smith1776 wrote:
Thu Jul 02, 2020 5:25 pm
For the disciplined buy and hold investor that is not tempted to trade ETFs, the ETF structure can be modestly less costly.
Well, crap. Is this like a sell your mutual funds for etfs thing or just only buy etfs from here out? The capital gains would be crazy for me.
by Matthew19
Thu Jul 02, 2020 4:22 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 965

Funds or etfs for Stocks

I’ve had Fskax in a taxable at fidelity for years. I’m just hearing about better tax management for ETF. I don’t understand, I thought owning the fund directly was the preferred method?
by Matthew19
Mon Jun 15, 2020 11:28 pm
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation in the Most Painful Month
Replies: 32
Views: 4299

Re: Asset Allocation in the Most Painful Month

And how's this for interesting timing? Your post arrived in my in box just a few hours after this one from Chris Mamula over at "Can I Retire Yet?" about his process of looking into adding gold to his portfolio. Porfolio Charts is prominently mentioned in the article and you'll note that a couple o...
by Matthew19
Thu Apr 30, 2020 2:01 pm
Forum: Permanent Portfolio Discussion
Topic: Would you start a PP for a 6 year old?
Replies: 11
Views: 1513

Would you start a PP for a 6 year old?

I've got two kids, 5 and 6. I want to start an investment count for each of them. Obviously the PP is conservative, but as they grow it will teach them all of the benefits of predictable returns with low volatility. Seeing how they may use this money to start a business when they are 15, wouldn't in...
by Matthew19
Mon Mar 23, 2020 8:16 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 2474

Re: Who's had to rebalance?

sophie wrote:
Mon Mar 23, 2020 3:43 pm
I'm very close to crossing bands both on the low side (small caps) and high side (bonds). Still not quite ready to pull the trigger though. Just naturally hesitant about any big financial moves.
You're all GB right?
by Matthew19
Mon Mar 23, 2020 2:21 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 2474

Re: Who's had to rebalance?

I've been looking to transfer from PP to GB for a while now. It may be time to start that process while rebalancing.