Did a Cash -> Stocks partial rebalance. Just enough to get the portfolio back within the bands.

Still haven’t pulled the trigger on the above. Thinking of doing so before EOD but still a bit apprehensive. Anyone else rebalancing into stocks?

After yesterday, looks even more like I should rebalance Cash -> Stocks. I have limited mobility due to 401k restrictions, so that's all the rebalancing I can really do. The investments are mutual funds, so I think I have until the end of the day to decide.

The stock % is based on last night's close. After today closes, I'm thinking I'll be rebalancing cash -> stocks. A little nervous though. Seems like another -5% day tomorrow could be likely.

Kept my kid home from preschool today and for the foreseeable future. Unfortunately my wife is going about her life, business as usual. At any rate, a week from now things will be looking much different, for better or worse.

Echoing others here...it's nice being able to enjoy this beautiful day on the East Coast while others are fretting about what to do as the stock market implodes.

Edited to add:

dualstow wrote: ↑

Fri Feb 28, 2020 10:20 am

Wow, that is a big drop indeed.
Silver is antibacterial, but apparently not antiviral.

A bit light on Gold at the moment. Considering doing my IRA contributions early (I usually wait until the last minute) to get back in range.

Gold!

This ability for a relatively small portfolio component to "punch above its weight" and potentially reach out and shield a much larger portfolio from inflationary losses is both rare and extremely valuable.

http://danielamerman.com/course/a/pgSIXTEENok.html

Good article on the recent yield inversion:

http://danielamerman.com/va/ccc/E1SevenWords.html

Everything's coming up Millhouse today!

This has been my favorite thread of the year. PS returns from silent retreat to proclaim the gospel of 100% equities. For me, what little wealth I have is hard earned and I don’t know if I can do it again. I like having 25% of my wealth outside the system, where the have nots and do naughts can’t to...

There are likely far more African dictators and white collar criminals than Harry Browne types, so perhaps this is one case in which the lack of privacy is progress. (I feel funny just typing that, though). Trust the funny feeling. Reduced privacy for the good guys in order to catch bad guys is not...

I'm pretty sure Harry would have found a very polite way to say "you're insane, good luck you're going to need it" if you had the opportunity to tell him about investing in Bitcoin. That of course is the direct translation of "I wish you well". There are too many known AND as yet undiscovered probl...

boglerdude wrote: ↑

Sun Aug 19, 2018 12:42 am

Right but which coin(s) will survive

Yeah. Seems like the prudent thing to do at this point is to sit on the sidelines unless you have good reason to use the currency. The idea is out there; it's not going away.

Ad Orientem wrote: ↑

Sun Aug 12, 2018 11:35 pm

Bitcoin is the greatest racket since someone started selling pet rocks. Of course when you bought a pet rock, you actually got... a rock.

How so?

As an investment speculation? Yeah, sure, perhaps.

But as a permissionless currency outside the reach of governments? I disagree with you here.

> What are others here with small children doing for college savings?

I'm happy w/ the ESA we opened at Schwab. Doing a PP within the account is a breeze. Wish I could say the same about my own retirement savings.

For inflation protection, how about LAND (Gladstone Land Corporation) mentioned in another thread? People gotta eat. Also, it seems like you're going through gyrations in order to make the final portfolio something you came up with: I believe 25% gold would insulate you from a treasury default, but ...

Has there ever been a legit safe asset for a substantial length of time, in practical terms? From what I understand: The first currency was coins, which have been debased throughout history by pretty much everyone. Even if they weren't, you'd still have to pay someone to store them in the bank. You...

hardlaw

Ah yeah, my bad. For some reason that read as Harvard Law to me. Regardless, my point stands. It's not a secret if you talk about it.

Whats the problem with the dollar? Just dont hold it, buy stocks n'bonds. I already object to the fact that citizens are forced to do what you say...namely we're forced into investing due to inflation. I believe Joe Sixpack should be able to earn a living, put his excess money in the bank (or his s...

I even thought about employing a "fake safe" filled with washers to sound like coins along with worthless paper, but that presents the same problem as a real safe. You are still advertising the presence of valuables. If the burglars figure out your deception they are going to ask "okay, where is th...

Okay, not literally, but about the closest we'll get. Harry Browne radio show on 2004-12-05: https://web.archive.org/web/20150906090221/http://www.crawlingroad.com/finance/harrybrowne/radio/04-12-05.mp3 Guy emails asking about digital gold. I'll type it out so you can read it in your easy-chair (sta...

For physical (40% of my gold allocation) I order from silvergoldbull.ca . Free, fast shipping; usually the lowest premiums I can find. Online dealers are pretty much the only way to go, IMO -- brick and mortar dealers just can't compete. I don't have enough cash in taxable space to buy physical gol...

Cortopassi wrote:Physical.

I have yet only bought from the local coin dealer, and have never sold. But I have seen people bring in coins to sell back. I've not seen any forms ever exchange hands. I'll leave it at that.