Search found 115 matches

by Matthew19
Tue Mar 19, 2024 10:21 am
Forum: Bonds
Topic: Just made a purchase at 5.088 for 30 year LTTs
Replies: 7
Views: 3813

Re: Just made a purchase at 5.088 for 30 year LTTs

ppnewbie wrote:
Thu Oct 19, 2023 4:10 pm
Its hard to buy something that nobody wants!
You nailed this buy, and hopefully all credit goes towards the built in rebalancing of the PP.
by Matthew19
Tue Mar 19, 2024 6:20 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 224
Views: 111043

Re: BTC in the PP

The interesting thing about this, is that in the long run, it might not matter much how much you have, just as long as you have some. I personally don’t care about the difference between being a billionaire or a trillionaire. This is exactly how I bought. Just threw some tiny cash into it and walke...
by Matthew19
Fri Mar 01, 2024 6:34 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 224
Views: 111043

Re: BTC in the PP

I'm like 15% right now. I don't want leveraged plays for the same reasons I don't want a 2 or 3x gold etc. Could be wrong and it minimizes other factors.

Saylor's last interview goes into why he prefers it over any other asset - https://youtu.be/qBPtUf50XVg?si=KNgCr4aHg1uxmCwj
by Matthew19
Fri Mar 01, 2024 1:57 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 224
Views: 111043

Re: BTC in the PP

The bitcoin etfs are already half the value of the gold etfs. It’s sucking up that market. Also bitcoin market cap is higher than meta/facebook now.

Anyone who added this to their vp is getting the inflation protection that gold didn’t bring over the last two years.
by Matthew19
Fri Feb 09, 2024 10:47 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing and Timing
Replies: 7
Views: 441

Re: Rebalancing and Timing

I just did a pretty deep dive on this myself. There are a few studies showing checking every 10 days and rebalancing if needed had the highest returns. The practical way is to check when you know the markets have significantly moved, it usually makes the news. Also, second point was ”tolerance bands...
by Matthew19
Fri Feb 02, 2024 11:37 am
Forum: Permanent Portfolio Discussion
Topic: Who's putting cash in tax free accounts?
Replies: 2
Views: 475

Re: Who's putting cash in tax free accounts?

I see the value in having the cash more accessible, no big tax hit when selling a t-bill.
by Matthew19
Thu Feb 01, 2024 3:39 pm
Forum: Permanent Portfolio Discussion
Topic: Who's putting cash in tax free accounts?
Replies: 2
Views: 475

Who's putting cash in tax free accounts?

I can't stand thinking about this - I have cash in taxable and some stocks in a Roth. I could swap them now while I'm rebalancing but the math just doesn't click. Wouldn't having a higher growth asset in a be better? Also have a tax deferred account too.
by Matthew19
Tue Oct 03, 2023 11:09 am
Forum: Permanent Portfolio Discussion
Topic: Alright who’s hitting rebalancing bands?
Replies: 13
Views: 13874

Alright who’s hitting rebalancing bands?

I came close during covid. LTT must be getting close for some of us.
by Matthew19
Sun Jan 15, 2023 12:37 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27553

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

The thing with Schiff, he nailed the downside predictions of 2007, and at the same time his clients lost huge amounts. Schiff is a great Austrian economist with a quick whit, but that doesn’t make him a good investor. He is a good business man, because he’s figured out how to sell low returns for hi...
by Matthew19
Tue Jan 03, 2023 10:40 am
Forum: Permanent Portfolio Discussion
Topic: longtermtrends.net
Replies: 1
Views: 663

Re: longtermtrends.net

Thanks! Great site.
by Matthew19
Tue Jan 03, 2023 10:24 am
Forum: Permanent Portfolio Discussion
Topic: 2022 Returns
Replies: 44
Views: 21990

Re: 2022 Returns

I haven’t looked, but did anyone hit any rebalance bands?
by Matthew19
Mon Jul 11, 2022 11:12 am
Forum: Permanent Portfolio Discussion
Topic: 2nd asset in tax deferred?
Replies: 17
Views: 4374

Re: 2nd asset in tax deferred?

I've just realized the downside to stocks in IRA is that there is no chance to tax-loss harvest =(
by Matthew19
Thu Jun 16, 2022 11:28 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 81
Views: 27098

Re: Bitcoin in the PP?

A Keynesian and a Monetarist walk into a bar.... Naa, Austrian. "The Austrian school believes any increase in the money supply not supported by an increase in the production of goods and services leads to an increase in prices, but the prices of all goods do not increase simultaneously." Aggregate ...
by Matthew19
Thu Jun 16, 2022 12:27 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 81
Views: 27098

Re: Bitcoin in the PP?

Technical point...inflation is not more money in circulation, inflation is the prices of actual goods going up. As Japan has proved going on three decades now a lot of money in circulation does not equal inflation. Inflation is an expansion of the money supply. It can show itself in asset price inc...
by Matthew19
Fri May 13, 2022 9:57 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 291
Views: 50238

Re: Absolutely brutal - 5/5

HB was a fan of free market, Austrian economics. I believe it was Hayek who somewhat predicted Bitcoin - “I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do...
by Matthew19
Wed Mar 16, 2022 11:40 pm
Forum: Permanent Portfolio Discussion
Topic: Russian PP
Replies: 4
Views: 1686

Russian PP

How would it be performing right now? Would you be rebalancing from gold into stocks and bonds?
by Matthew19
Tue Feb 08, 2022 11:58 pm
Forum: Gold
Topic: Are The Gold Miners A More Tax Friendly Investment?
Replies: 7
Views: 2185

Re: Are The Gold Miners A More Tax Friendly Investment?

mining stocks are so unpredictable. You could have a great mine that's functioning well and then the gov't slaps on some environmental taxes. Or you could have a junk mine that's lying about potential reserves. It's all a big mess and in no way an alternative to owning gold. The miners are one of th...
by Matthew19
Tue Feb 08, 2022 10:04 am
Forum: Gold
Topic: Revisiting PMGOLD
Replies: 6
Views: 1997

Re: Revisiting PMGOLD

Personally, I prefer the Perth Mint Depository program. Less counterparty risk. https://www.perthmint.com/invest/perth-mint-depository-program/ vs https://www.perthmint.com/invest/perth-mint-gold-ASX-PMGOLD/ Have been using the depository program for years. Absolutely no issues. Interesting. any ex...
by Matthew19
Tue Feb 08, 2022 12:19 am
Forum: Gold
Topic: Revisiting PMGOLD
Replies: 6
Views: 1997

Re: Revisiting PMGOLD

Personally, I prefer the Perth Mint Depository program. Less counterparty risk. https://www.perthmint.com/invest/perth-mint-depository-program/ vs https://www.perthmint.com/invest/perth-mint-gold-ASX-PMGOLD/ Have been using the depository program for years. Absolutely no issues. Interesting. any ex...
by Matthew19
Mon Feb 07, 2022 1:55 pm
Forum: Gold
Topic: Revisiting PMGOLD
Replies: 6
Views: 1997

Revisiting PMGOLD

Anyone considered this again? Seems to have much less counterparty risk than other ETFs considering the custodian is Perth rather than these bankers. Seems to be the next best option to physical and would be an easy purchase on the ASX through Interactive Brokers. Am I missing anything? In the scena...
by Matthew19
Mon Feb 07, 2022 12:10 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 86
Views: 21327

Re: Did Bitcoin Kill Gold’s Monetary Utility?

BTC is less than 1 trillion market cap. Gold is over 10 trillion. If we generously assume that 50% of bitcoin investment would have otherwise gone into gold, that'd mean what, 5% difference in gold price?
by Matthew19
Fri Feb 04, 2022 8:08 pm
Forum: Permanent Portfolio Discussion
Topic: 2nd asset in tax deferred?
Replies: 17
Views: 4374

Re: 2nd asset in tax deferred?

I regret that I let bogleheads steer me toward putting bonds in my tax-deferred accounts. I've added stocks for several years now. Especially the Roth IRA but also a Fidelity solo 401K. I don’t know how to do the math between paying the tax on bond payments each year and deferring stock gains tax, ...
by Matthew19
Fri Feb 04, 2022 2:34 pm
Forum: Permanent Portfolio Discussion
Topic: 2nd asset in tax deferred?
Replies: 17
Views: 4374

Re: 2nd asset in tax deferred?

It's a self employed 401k, so I can buy anything you normally could with a Fidelity account. I also have an inherited IRA that I must withdraw within 10 years.
by Matthew19
Fri Feb 04, 2022 2:18 pm
Forum: Permanent Portfolio Discussion
Topic: 2nd asset in tax deferred?
Replies: 17
Views: 4374

2nd asset in tax deferred?

I've finally crossed the point where I can hold something alongside bonds in my 401k. I know cash is often suggested, but with stupid low rates, would stocks make more sense?
by Matthew19
Fri Feb 04, 2022 12:36 pm
Forum: Permanent Portfolio Discussion
Topic: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid SORR?
Replies: 33
Views: 7237

Re: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid S

I tip toed in back in 2016 I think. Bought about 50% portfolio and waited 6 months to buy another 50%. Cost me about 50k in missed gains at the time but it was the only emotionally viable option. And it could just as easily worked out to the good. So why not be more comfortable? It was the more com...