Search found 619 matches
- Fri Dec 06, 2024 1:06 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
There is intelligent speculation as there is intelligent investing. But there are many ways in which speculation may be unintelligent. Of these the foremost are: speculating when you think you are investing speculating seriously instead of as a pastime, when you lack proper knowledge and skill for ...
- Thu Dec 05, 2024 3:59 am
- Forum: Stocks
- Topic: Vanguard adds non-diversification warning to Total Stock Market
- Replies: 11
- Views: 275
Re: Vanguard adds non-diversification warning to Total Stock Market
My take is that I can take part in the AI craze by just buying TSM.
- Mon Dec 02, 2024 10:58 am
- Forum: Bonds
- Topic: "U.S. Treasuries not the safe bet they once were"
- Replies: 77
- Views: 12558
- Sat Nov 30, 2024 4:16 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Here's an interesting chart of Bitcoin Maximalism:
Cryptocurrency enthusiasts were rallied around Bitcoin until 2017. At that point, the developers refused to scale it, and many folks jumped ship.
Cryptocurrency enthusiasts were rallied around Bitcoin until 2017. At that point, the developers refused to scale it, and many folks jumped ship.
- Sat Nov 30, 2024 4:04 am
- Forum: Other Discussions
- Topic: Rickards's New Book (ATTENTION: Smith1776!)
- Replies: 4
- Views: 448
Re: Rickards's New Book (ATTENTION: Smith1776!)
Jim Rickards has recently come out with yet another book. https://www.amazon.com/dp/B0CY4PP8C2/?ref_=cm_wl_huc_item MoneyGPT: AI and the Threat to the Global Economy The salient questions here are: 1) Has Smith1776 yet bought it? 2) If so, has he yet read it? I read this analogy in the news this mo...
- Sat Nov 30, 2024 3:55 am
- Forum: Bonds
- Topic: "U.S. Treasuries not the safe bet they once were"
- Replies: 77
- Views: 12558
Re: "U.S. Treasuries not the safe bet they once were"
(1) If the interest were 5% or higher, I would do the opposite of what I wrote earlier, feeling comfortable “sticking my wife with them.” CraigR had enough to live off the the interest. I don’t, but the wife could do worse than collecting 5% on a bunch of treasuries for years to come. (Alternativel...
- Fri Nov 29, 2024 3:01 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Let's dig into this game the algorithm angle. Okay, so we have an adaptive blocksize limit in place. Who is gaming the algorithm, what is their aim, and what does it cost them? Im a miner, I flood the blockspace to drive up the blocksize which at some point drops a bunch of full nodes off the netwo...
- Fri Nov 29, 2024 2:53 pm
- Forum: Bonds
- Topic: "U.S. Treasuries not the safe bet they once were"
- Replies: 77
- Views: 12558
Re: "U.S. Treasuries not the safe bet they once were"
For every investor it means that when he limits his return to a small figure -- as formerly, at least, in a conventional bond or preferred stock -- he must demand convincing evidence that he is not risking a substantial part of his principal. I think there's an argument to be made that principal is...
- Wed Nov 27, 2024 8:09 am
- Forum: Variable Portfolio Discussion
- Topic: I'm Officially A Bitcoin Maximalist
- Replies: 25
- Views: 3686
Re: I'm Officially A Bitcoin Maximalist
Last cycle we saw a 75% drawdown. Are you going to try to avoid the next one in some way or just HODL through it all? I’m planning to HODL the entire position till I reach my retirement number. After that I’ll switch back to a more risk parity or PP-esque strategy. Don't forget there are important ...
- Mon Nov 25, 2024 5:38 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Conversation probably swings from "fees too high" to "fees too low, how do we sustain mining!" No. 99% of the time you ensure enough block space such that fees are extremely low. If someone wants to burn their precious satoshis to “spam” the network, they are welcome to. They on...
- Sun Nov 24, 2024 7:14 pm
- Forum: Cash
- Topic: Portfolio Charts Cash Article
- Replies: 8
- Views: 1450
Re: Portfolio Charts Cash Article
I think that Bogleheads who say 'Who cares what the value of my TIPS are now because at maturity, they'll end up paying 2% above inflation" have brains that are more like machines than human brains. In the human world holding long-duration bonds of any kind when their prices are getting pounde...
- Sun Nov 24, 2024 4:20 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Hello 👋🏻 So what are the PP users and HB followers doing ? Bitcoin on VP only ? Or 5% on HBPP is correct ✅? Kindest regards! 🙌 Frugal, I'm glad you're still out there. Would you please give us one random fact about you? Despite being the OP of this thread, I now believe it's only appropriate for th...
- Sun Nov 24, 2024 12:23 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Conversation probably swings from "fees too high" to "fees too low, how do we sustain mining!" No. 99% of the time you ensure enough block space such that fees are extremely low. If someone wants to burn their precious satoshis to “spam” the network, they are welcome to. They on...
- Sat Nov 23, 2024 4:16 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
I’m familiar with this argument, but find it far fetched. The institutions in question benefit from the fact that they control the base layer. They went through great lengths to own the base layer and will not easily give it up. In fact, I believe Bitcoin has already been neutered by these parties....
- Sat Nov 23, 2024 4:03 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
- Lightning Network is a custodial solution - not crypto currency This is not true. You can use lightning in a custodial or non-custodial manner. Are you referring to running your own Lightning node? As fees to send a transaction became untenable for commerce, and the developers in control of the p...
- Thu Nov 21, 2024 2:42 pm
- Forum: Other Discussions
- Topic: Francis Williams
- Replies: 2
- Views: 660
- Thu Nov 21, 2024 11:56 am
- Forum: Variable Portfolio Discussion
- Topic: I'm Officially A Bitcoin Maximalist
- Replies: 25
- Views: 3686
Re: I'm Officially A Bitcoin Maximalist
Last cycle we saw a 75% drawdown. Are you going to try to avoid the next one in some way or just HODL through it all?
- Wed Nov 20, 2024 4:16 pm
- Forum: Variable Portfolio Discussion
- Topic: PP or GB vs. TIPS ladder
- Replies: 17
- Views: 2243
Re: PP or GB vs. TIPS ladder
Whats gov gonna do. Cut spending, raise taxes, or inflate. No free lunch for them if CPI=money supply. Thats whats egregious about the ibond rate. Capped at 10k and they still give you nothing. High public debt often produces the drama of default and restructuring. But debt is also reduced through ...
- Wed Nov 20, 2024 9:55 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
Rather, Bitcoin would replace the "base layer" for final settlement transactions between institutions where currently the final settlement time can literally be weeks. ("Final settlement" meaning the point in which a transaction can't be reversed.) From this frame of reference, ...
- Thu Nov 14, 2024 9:05 am
- Forum: Permanent Portfolio Discussion
- Topic: Does it make sense to start at 4x25?
- Replies: 28
- Views: 8155
Re: Does it make sense to start at 4x25?
If I could do it all over, while young, I would have focused on accumulating equities in tax-free space and gold with any taxable money left over. Cash position is emergency fund sized. Then as middle age approaches, and considerable personal capital has been converted to financial capital, I would ...
- Thu Nov 14, 2024 8:58 am
- Forum: Politics
- Topic: We should all write to our members of Congress and demand tax reforms
- Replies: 30
- Views: 4985
- Thu Nov 14, 2024 8:37 am
- Forum: Variable Portfolio Discussion
- Topic: I'm Officially A Bitcoin Maximalist
- Replies: 25
- Views: 3686
Re: I'm Officially A Bitcoin Maximalist
Message deleted.
- Wed Nov 13, 2024 8:04 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
I was a whole coiner at one time. {sigh} Bought at $10k. It's a hard asset to hold, worse than gold or TLT. Ah, but did you really hold it? I haven't had much success holding paper bitcoin assets. Like gold, the real thing is harder to liquidate than an ETF. Is there even a real thing? This is what...
- Tue Nov 12, 2024 11:58 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 358
- Views: 204379
Re: BTC in the PP
I have a hard time fathoming who is making the bid at 84K. I was a whole coiner at one time. {sigh} Bought at $10k. It's a hard asset to hold, worse than gold or TLT. Ah, but did you really hold it? I haven't had much success holding paper bitcoin assets. Like gold, the real thing is harder to liqu...
- Sat Nov 09, 2024 3:26 am
- Forum: Variable Portfolio Discussion
- Topic: I'm Officially A Bitcoin Maximalist
- Replies: 25
- Views: 3686
Re: I'm Officially A Bitcoin Maximalist
Feel free to fire away with criticisms if you feel you must. At least I can take pride in being honest. I'm assuming that some part of you created this thread as a cry for help, so I'll continue w/ the criticism. I also can relate to falling down the Bitcoin rabbit hole / psyop. I do respect your h...