Search found 268 matches

by Jack Jones
Wed Mar 18, 2020 2:28 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 4407

Re: Rebalance during these days of high volatility?

Did a Cash -> Stocks partial rebalance. Just enough to get the portfolio back within the bands.
by Jack Jones
Wed Mar 18, 2020 11:20 am
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 4407

Re: Rebalance during these days of high volatility?

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?
by Jack Jones
Fri Mar 13, 2020 7:44 am
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 4407

Re: Rebalance during these days of high volatility?

Screen Shot 2020-03-13 at 8.41.32 AM.png
Screen Shot 2020-03-13 at 8.41.32 AM.png (13.09 KiB) Viewed 1645 times
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.
by Jack Jones
Thu Mar 12, 2020 2:10 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 4407

Re: Rebalance during these days of high volatility?

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Screen Shot 2020-03-12 at 3.08.51 PM.png (21.9 KiB) Viewed 1783 times
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.
by Jack Jones
Wed Mar 11, 2020 5:10 pm
Forum: Other Discussions
Topic: Coronavirus General Discussion
Replies: 4058
Views: 238112

Re: Coronavirus General Discussion

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.
by Jack Jones
Mon Mar 09, 2020 12:32 pm
Forum: Permanent Portfolio Discussion
Topic: Stay cool...
Replies: 40
Views: 6638

Re: Stay cool...

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: O0
by Jack Jones
Fri Feb 28, 2020 2:55 pm
Forum: Gold
Topic: What's going on with silver?
Replies: 204
Views: 92414

Re: What's going on with silver?

dualstow wrote:
Fri Feb 28, 2020 10:20 am
Wow, that is a big drop indeed.
Silver is antibacterial, but apparently not antiviral.
O0
by Jack Jones
Fri Feb 28, 2020 9:39 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3005
Views: 742286

Re: The GOLD scream room

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Screen Shot 2020-02-28 at 10.38.04 AM.png (10.12 KiB) Viewed 2317 times
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.
by Jack Jones
Sun Sep 29, 2019 4:23 pm
Forum: Other Discussions
Topic: Daniel Amerman
Replies: 4
Views: 4195

Re: Daniel Amerman

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
by Jack Jones
Fri Aug 23, 2019 8:04 pm
Forum: Other Discussions
Topic: Daniel Amerman
Replies: 4
Views: 4195

Re: Daniel Amerman

Good article on the recent yield inversion:

http://danielamerman.com/va/ccc/E1SevenWords.html
by Jack Jones
Wed Jul 24, 2019 1:45 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1415
Views: 329606

Re: Stock scream room

Everything's coming up Millhouse today!
by Jack Jones
Sun Dec 09, 2018 6:07 am
Forum: Other Discussions
Topic: Fear is the mind-killer
Replies: 119
Views: 26129

Re: Fear is the mind-killer

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...
by Jack Jones
Tue Oct 23, 2018 6:07 am
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 4842

Re: The official end of Swiss bank secrecy

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...
by Jack Jones
Thu Aug 30, 2018 2:15 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Re: Harry on Bitcoin

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...
by Jack Jones
Mon Aug 20, 2018 8:57 am
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Re: Harry on Bitcoin

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.
by Jack Jones
Fri Aug 17, 2018 12:33 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Re: Harry on Bitcoin

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.
by Jack Jones
Wed Aug 08, 2018 1:33 pm
Forum: Other Discussions
Topic: How to handle 529
Replies: 6
Views: 2336

Re: How to handle 529

> 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.
by Jack Jones
Mon Aug 06, 2018 6:15 am
Forum: Permanent Portfolio Discussion
Topic: Reducing 25% Gold portion out of fear of its safe keeping?
Replies: 7
Views: 3375

Re: Reducing 25% Gold portion out of fear of its safe keeping?

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 ...
by Jack Jones
Sun Aug 05, 2018 1:35 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Re: Harry on Bitcoin

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...
by Jack Jones
Sat Aug 04, 2018 5:35 am
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 39
Views: 10882

Re: Safe Deposit Box Location

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.
by Jack Jones
Sat Aug 04, 2018 5:32 am
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Re: Harry on Bitcoin

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...
by Jack Jones
Fri Aug 03, 2018 2:45 pm
Forum: Other Discussions
Topic: Safe Deposit Box Location
Replies: 39
Views: 10882

Re: Safe Deposit Box Location

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...
by Jack Jones
Fri Aug 03, 2018 2:04 pm
Forum: Other Discussions
Topic: Harry on Bitcoin
Replies: 57
Views: 14787

Harry on Bitcoin

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...
by Jack Jones
Wed Apr 11, 2018 10:44 am
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 131
Views: 46602

Re: Where and how do you purchase physical gold?

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...
by Jack Jones
Wed Jan 31, 2018 2:44 pm
Forum: Gold
Topic: Gold taxation thoughts
Replies: 61
Views: 20847

Re: Gold taxation thoughts

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.
O0