Search found 4203 matches

by mathjak107
Sat Jul 16, 2022 8:44 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Others can decide if what i said was wrong . You are just argumentative and a dick . You clearly implied I said something that I didn’t. . Clearly don’t understand spending down to live is based on portfolio value not dividend spending Clearly like to harp on what you can construe as false but is st...
by mathjak107
Sat Jul 16, 2022 8:21 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

You are boring the shit out of me . No I never said a 1.58% draw from vti is dangerous nor did anyone say that is what we are talking about ..there are no specific amounts discussed so it is all just general advice . Stop pulling what you are saying I said out of your ass I am tired of responding to...
by mathjak107
Sat Jul 16, 2022 8:02 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

I said it .. as an example. one cannot blindly spend dividends to live on with out knowing the rate of the draw and how much may have to be reinvested to keep to a safe draw rate. When one is drawing an income to live on , it is advisable that they know their draw rate and not blindly pull money. Co...
by mathjak107
Sat Jul 16, 2022 7:52 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Right here . If you have to sell shares for income, do you know whether remaining shares are going to rise or fall with the level of certainty and precision that a dividend investor knows what his dividend take will be next year? there is no predicting with a swr . The income is consistent far more ...
by mathjak107
Sat Jul 16, 2022 7:41 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

My beef is that anyone who is living off dividends especially while retired is blindly spending money at a draw rate that they have no idea what it is . Without looking at value one has no clue what they are pulling out …it is way to easy to draw more then it can support. Just because I can put my ...
by mathjak107
Sat Jul 16, 2022 7:38 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Stop your worthless babbling already.

You can be a real dick and add no value at all to any conversation other than argue

So far there is nothing to be learned from your posts at all
by mathjak107
Sat Jul 16, 2022 7:07 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Pay attention .

I am not claiming anything .

Portfolio labs gives the results daily as well as they include a quarterly rebalance so they are not just individual returns ytd with the pp.

Got a gripe ,. Complain to them , not me
by mathjak107
Sat Jul 16, 2022 4:16 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

the gap widens as the pp falls farther behind the others in the downturn

portfolio labs shows

pp ytd down 15.81%

wellesly down 9.80


insight income down 10%
by mathjak107
Fri Jul 15, 2022 5:30 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

We have a simple way of dealing with dividends since tax wise dividends are inefficient. If I draw the same amount out of non div payers we pay tax only on the gain portion. The same cash flow as a dividend can be taxed on the entire dividend . So most dividend payers we own are in tax deferred mone...
by mathjak107
Fri Jul 15, 2022 5:18 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

While dividends are not a factor, it is certainly a separate issue as to whether or not they are important. They are. Dividends (either now or in the future) form the fundamental basis for stock valuation itself. However, the factors we should be paying attention to, as good empiricists, are beta, ...
by mathjak107
Fri Jul 15, 2022 5:15 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

My beef is that anyone who is living off dividends especially while retired is blindly spending money at a draw rate that they have no idea what it is . Without looking at value one has no clue what they are pulling out …it is way to easy to draw more then it can support. Just because I can put my m...
by mathjak107
Fri Jul 15, 2022 4:57 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

As example you have 100 dollars in a stock paying a 10% dividend . the stock goes ex div and a mandatory drop by the same amount has to happen before the stock trades , no different then a fund . so you have 90 dollars left working for you for markets to work on and 10 dollars in hand . great news ,...
by mathjak107
Fri Jul 15, 2022 4:54 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Your Profits come from share appreciation , not what is chosen to be paid out from that appreciation. Any stock ,dividend or not can produce the same cash flow and balances left as long as total return is the same or greater . Dividends are really not a sharing of profits , it Is a method of withdra...
by mathjak107
Fri Jul 15, 2022 4:48 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Dividends don’t have to come from profits . They get paid from losses too…they are simply a withdrawal from the value of your portfolio or investment whether up or down. One of the least understood segment of investing is the mechanics of them or what they represent . So yeah , in my option myth sho...
by mathjak107
Fri Jul 15, 2022 4:45 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Dividends is only an amount the board Elects to pay out . I owned a reit that ended up Borrowing money and using money that was supposed to buy more property so it bcould sustain the dividend when profits turned to losses . Blue chips have paid dividends right up until they failed. Profits are refle...
by mathjak107
Fri Jul 15, 2022 4:38 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Can is not the same as always are.

A 4% dividend and a draw from a non dividend portfolio of the same dollars is the same .

It is the same cash flow and balance assuming the same total return.

They both need the same share appreciation in both cases to keep paying out …
by mathjak107
Fri Jul 15, 2022 4:34 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

Dividends are not profits . They are just a return of a piece of your share price …it can come from profits , borrowed money from loans. , it can come from the sale of an asset even if a loss , etc . It is simply an amount of money the board decides to pay out of the company cash register . Companie...
by mathjak107
Fri Jul 15, 2022 2:51 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

A line of reasoning I find that is effective with dividend aficionados is to tell them to think of all companies as paying dividends. Some reinvest them automatically for you and others you have to reinvest manually. But they all "pay dividends". Framing that way I find is quite effective. This is ...
by mathjak107
Fri Jul 15, 2022 1:18 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

A retirement draw is based on portfolio value . Not whether the income it spins off is from dividends , total return or interest.

I sure hope you don’t use any advice from them
by mathjak107
Fri Jul 15, 2022 1:16 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 16184

Re: Absolutely brutal - 5/5

I will gladly pay him more then his dividend but I keep his shares since he doesn’t care what they are worth
by mathjak107
Fri Jul 15, 2022 1:14 pm
Forum: Bonds
Topic: Bond ETFs vs Individual Bonds
Replies: 10
Views: 882

Re: Bond ETFs vs Individual Bonds

You can do it the same as funds do .

But most people who buy individual bonds ladder them the way they want and hold them to maturity as the longer ones are there new shorter maturities
by mathjak107
Fri Jul 15, 2022 9:16 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3552
Views: 1110899

Re: The GOLD scream room

Falling asset prices may represent no sale …they are only worth what they are worth until worth more or less …

Since assets spend 80% of their time somewhere between the last low and last high that sale can still be buying at a high price
by mathjak107
Fri Jul 15, 2022 8:55 am
Forum: Gold
Topic: Gold is not an investment
Replies: 35
Views: 2316

Re: Gold is not an investment

Gold is a competitor to the dollar and also bonds , not equites .

While it shouldn’t have , the last 20 years gold has beaten equites .

As well as over most time frames the last two decades equities and gold has beaten equities and bonds
by mathjak107
Fri Jul 15, 2022 7:11 am
Forum: Bonds
Topic: Bond ETFs vs Individual Bonds
Replies: 10
Views: 882

Re: Bond ETFs vs Individual Bonds

Funds also can do something you can’t do with individual bonds and that is called ride the yield curve

https://www.kitces.com/blog/how-bond-fu ... est-rates/
by mathjak107
Fri Jul 15, 2022 2:40 am
Forum: Bonds
Topic: Bond ETFs vs Individual Bonds
Replies: 10
Views: 882

Re: Bond ETFs vs Individual Bonds

Imagine you buy a treasury fund for 10 dollars a share and a duration of 5 years . …to keep the illustration simple let’s suppose the day you bought it paid 5% . Well if rates rise 1% , nav falls to 9.50 however you get an extra 1% a year in interest at 6% instead of 5% . Unlike individual bonds ,b...