Search found 321 matches

by Jack Jones
Tue Nov 16, 2021 1:47 pm
Forum: Variable Portfolio Discussion
Topic: What is Your Crypto Portfolio
Replies: 14
Views: 580

Re: What is Your Crypto Portfolio

Sold 66% of HUT, and 50% of BITF and MARA and bought paper gold to keep things in range.
by Jack Jones
Sun Nov 14, 2021 6:20 pm
Forum: Other Discussions
Topic: Still Here... By The Skin Of My Teeth
Replies: 98
Views: 2222

Re: Still Here... By The Skin Of My Teeth

I agree that social media is absolutely ruining people. Knowing that you can peer into the life of your ex (a curated view at that) at any time is too much of a temptation to resist. And every time I succumb to that temptation it's like picking at the wound that's trying to heal. I've tried to bloc...
by Jack Jones
Fri Nov 12, 2021 11:40 am
Forum: Other Discussions
Topic: Still Here... By The Skin Of My Teeth
Replies: 98
Views: 2222

Re: Still Here... By The Skin Of My Teeth

Since leaving however I've been in a low place. Like, suicidally low. I've been hospitalized twice, had police intervention called to my house twice, and have had god knows how many hours of therapy. Some coping mechanisms (some of which have been maladaptive) have included: way too much weed; MDMA...
by Jack Jones
Mon Nov 08, 2021 3:06 pm
Forum: Variable Portfolio Discussion
Topic: What is Your Crypto Portfolio
Replies: 14
Views: 580

Re: What is Your Crypto Portfolio

15% of my portfolio is directed towards bitcoin. Since most of my holdings are in retirement accounts, I have to compromise w/ miners/ETFs there instead of holding it directly. I started out w/ 1% of total portfolio in these: - MSTR - GBTC - MARA - HUT - BITF - SDIG - RIOT They count towards Bitcoin...
by Jack Jones
Thu Nov 04, 2021 9:11 am
Forum: Stocks
Topic: Why the "Total Stock Market" isn't anything of the sort
Replies: 10
Views: 425

Re: Why the "Total Stock Market" isn't anything of the sort

I do 50% SP500 and 50% Small Cap for the equities portion of my PP. I think it was MachineGhost who turned me on to it. Isn't it the GB that suggest that also ? In my purest US-PP I am using MSCI USA (has sthg like 630~640 constituents vs tad less than 500 for the S&P 500). As others have mentioned...
by Jack Jones
Wed Nov 03, 2021 12:55 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 198
Views: 11474

Re: BTC in the PP

Stocks: 25% Bonds: 20% Gold: 20% Cash: 20% Bitcoin: 15% I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then. +9.32% since inception. Bitcoin: +56% The problem with the concept is that the PP is not designed around wildly speculative ...
by Jack Jones
Wed Nov 03, 2021 12:49 pm
Forum: Bonds
Topic: Staying the course with LTTs
Replies: 73
Views: 1911

Re: Staying the course with LTTs

I don't like them, but I don't understand them well enough to drop them from the portfolio. I have 20% allocated to LTTs. As a side note, I do believe rates can go significantly lower.
by Jack Jones
Wed Nov 03, 2021 11:48 am
Forum: Stocks
Topic: Why the "Total Stock Market" isn't anything of the sort
Replies: 10
Views: 425

Re: Why the "Total Stock Market" isn't anything of the sort

Fascinating blog post that shows how even "all world" stock index funds only represent part of the global equity market: https://www.pragcap.com/the-us-stock-market-is-not-as-exceptional-as-weve-been-told/ Kind of makes me think that folks like Desert and Larry Swedroe who overweight small and emer...
by Jack Jones
Mon Nov 01, 2021 10:30 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 198
Views: 11474

Re: BTC in the PP

Jack Jones wrote:
Fri Aug 27, 2021 10:29 am
Jack Jones wrote:
Tue Jul 27, 2021 3:11 pm
Stocks: 25%
Bonds: 20%
Gold: 20%
Cash: 20%
Bitcoin: 15%
I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then.
+9.32% since inception. Bitcoin: +56%
by Jack Jones
Wed Oct 27, 2021 8:32 am
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 94
Views: 8259

Re: Gold outflows, bitcoin inflows

BITCOIN COULD BECOME WORLD RESERVE CURRENCY, SAYS SENATOR RAND PAUL https://bitcoinmagazine.com/markets/bitcoin-could-become-world-reserve-currency-says-senator-rand-paul Hah Hah! "The government currencies are so unreliable — they're also fiat currencies. They're not backed by anything," Sen. Paul...
by Jack Jones
Tue Oct 26, 2021 1:16 pm
Forum: Permanent Portfolio Discussion
Topic: A worthwhile read for all PP'ers
Replies: 88
Views: 5387

Re: A worthwhile read for all PP'ers

I love everything about it except the speculative nature/ price movement. Of course I say that with only a vague understanding of how it works. Anyway, when and if the price ever settles into a range that inspires long term confidence, then I'd be willing to get in. And if that price is 200K, that'...
by Jack Jones
Mon Oct 25, 2021 10:50 am
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 94
Views: 8259

Re: Gold outflows, bitcoin inflows

I think what this shows is that some people are willing to comment on topics and make definitive conclusions about something without actually having done any research into the subject matter. I believe everyone is entitled to their personal opinions but when it comes to facts, it would help to take...
by Jack Jones
Wed Oct 20, 2021 5:38 pm
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 94
Views: 8259

Re: Gold outflows, bitcoin inflows

Physical gold can be both/either anonymous and private, bitcoin isn't private, every transaction is visible in the blockchain (the distributed electronic public ledger). In certain situations the privacy of tangible can be extremely valuable. Ever try to fly to another country with gold on your per...
by Jack Jones
Wed Oct 20, 2021 2:56 pm
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 6876

Re: China Bans Cryptocurrency Transactions

Old head, gold bug, sound money advocate, Ron Paul supporter, Larry Lepard discusses gold, bitcoin, and the deflationary utopia that awaits. https://talesfromthecrypt.libsyn.com/277-slowly-getting-bitcoin-why-gold-is-already-demonetized-and-the-virtue-of-bitcoin-with-larry-lepard I wish podcasts ha...
by Jack Jones
Wed Oct 20, 2021 8:27 am
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 6876

Re: China Bans Cryptocurrency Transactions

Old head, gold bug, sound money advocate, Ron Paul supporter, Larry Lepard discusses gold, bitcoin, and the deflationary utopia that awaits.

https://talesfromthecrypt.libsyn.com/27 ... rry-lepard
by Jack Jones
Tue Oct 19, 2021 2:22 pm
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 6876

Re: China Bans Cryptocurrency Transactions

Beyond that level, self interest can lead to bad outcomes. My example would be the years leading up to 2008. Alan Greenspan, being a student of Ayn Rand, was a huge believer in the invisible hand. Then when the mortgage lenders, borrowers, Wall Street banks, appraisers, and every other invested par...
by Jack Jones
Wed Oct 13, 2021 10:40 am
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 6876

Re: China Bans Cryptocurrency Transactions

bitcoininthevp wrote:
Thu Oct 07, 2021 8:46 am
I suppose all we need is those non-corrupt good guy governments (central banks) that stay good indefinitely and then the money would be good?
https://markets.businessinsider.com/new ... 21-09?op=1
by Jack Jones
Thu Sep 30, 2021 9:07 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 198
Views: 11474

Re: BTC in the PP

Jack Jones wrote:
Fri Aug 27, 2021 10:29 am
Jack Jones wrote:
Tue Jul 27, 2021 3:11 pm
Stocks: 25%
Bonds: 20%
Gold: 20%
Cash: 20%
Bitcoin: 15%
I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then.
-0.04% since inception. Bitcoin has been the only positive asset at +9%.
by Jack Jones
Tue Sep 28, 2021 10:19 am
Forum: Variable Portfolio Discussion
Topic: China Bans Cryptocurrency Transactions
Replies: 77
Views: 6876

Re: China Bans Cryptocurrency Transactions

glennds wrote:
Sat Sep 25, 2021 12:25 pm
I totally agree with you Kbg that government regulation is a major risk to crypto.
Is government regulation a major risk to gold? Why is it different?
by Jack Jones
Fri Sep 03, 2021 12:42 pm
Forum: Other Discussions
Topic: Daniel Amerman
Replies: 6
Views: 4901

Re: Daniel Amerman

The United States government has effectively addicted the nation and the economy to a steady feed of fantastic sums of money that the government doesn't actually have available to spend. The funding for the monthly child tax credit payments, the enhanced unemployment checks and much of the massive ...
by Jack Jones
Thu Sep 02, 2021 12:41 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 198
Views: 11474

Re: BTC in the PP

They do seem to prefer that, but I think its more of a play to the narrative than an actually rational position. I feel comfortable making this claim as it simply reflects user behavior: most people keep their coins on custodial exchanges, from a code perspective UASF doesn't make much sense, and t...
by Jack Jones
Fri Aug 27, 2021 10:29 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 198
Views: 11474

Re: BTC in the PP

Jack Jones wrote:
Tue Jul 27, 2021 3:11 pm
Stocks: 25%
Bonds: 20%
Gold: 20%
Cash: 20%
Bitcoin: 15%
I created a portfolio on Yahoo Finance to track this. +4.17% since thread inception. BTC-USD has risen 22% since then.
by Jack Jones
Fri Aug 27, 2021 5:01 am
Forum: Politics
Topic: Bitcoin is Galt's Gulch
Replies: 52
Views: 2619

Re: Bitcoin is Galt's Gulch

If/when the value rises, so also does the intent/desire to steal high value. IMO the thieves will always remain one step ahead at finding exploits (as they do with Browsers) and present day $600M type thefts/hacks out of the bit coin algorithm would simply scale. At the $21Tn value you suggest the ...
by Jack Jones
Thu Aug 26, 2021 11:13 am
Forum: Politics
Topic: Bitcoin is Galt's Gulch
Replies: 52
Views: 2619

Re: Bitcoin is Galt's Gulch

I would add another book reference here: The Sovereign Individual: Mastering the Transition to the Information Age https://www.amazon.com/The-Sovereign-Individual-audiobook/dp/B07TWNP9NB/ref=sr_1_1?dchild=1&keywords=sovereign+individual&qid=1629897656&sr=8-1&x=0&y=0 Thanks I'll pick it up. And glad...
by Jack Jones
Thu Aug 26, 2021 11:05 am
Forum: Politics
Topic: Bitcoin is Galt's Gulch
Replies: 52
Views: 2619

Re: Bitcoin is Galt's Gulch

The present popularity is a consequence of speculation, <1% of corporate assets type allocations that could increase 10-fold, might fail. A penny stock 'low correlation' type bet. Price/value discovery that mid to longer term will disappoint but see considerable volatility along the way. There are ...