Search found 527 matches
- Thu Apr 18, 2024 12:51 pm
- Forum: Bonds
- Topic: Just made a purchase at 5.088 for 30 year LTTs
- Replies: 21
- Views: 5029
- Tue Apr 16, 2024 10:57 am
- Forum: Stocks
- Topic: Fidelity direct indexing and small cap value
- Replies: 6
- Views: 176
Re: Fidelity direct indexing and small cap value
It’s only 0.25%.
I’d expect you might lag the index (AVUV in this case) with this approach.
AVUV would have greater diversification than you, and they would enter their positions before you do.
I’d expect you might lag the index (AVUV in this case) with this approach.
AVUV would have greater diversification than you, and they would enter their positions before you do.
Taxes
Hi, Welcome to the United States of America. You're free here, but you'll need some money. Go get a job. ...Two weeks go by. Here's your pay, but you only get half of it because you gotta do your part. (I thought I just did my part?) Okay, you're ready to use some of your hard earned money to buy so...
- Fri Apr 05, 2024 1:51 pm
- Forum: Permanent Portfolio Discussion
- Topic: Investments Versus Liquidity
- Replies: 3
- Views: 305
Investments Versus Liquidity
Lets consider investments to be money we give to other people in the hope that it grows, and liquidity to be the money we set aside to ensure we can meet our day to day obligations “whatever the future brings”. From this lens, stocks are investments and bonds, cash, and gold are about liquidity, rig...
- Wed Apr 03, 2024 3:10 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
Thus, a Bitcoin Standard, just like gold standard, would be actually a Bitcoin Certificate Standard, or a Claims on Bitcoin Standard (perhaps it didn't fit on the book's cover), but even more so. In practice, almost all bitcoin would be held in a few secure facilities that would be either controlle...
- Thu Mar 28, 2024 8:49 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
Does it contain anything that already wasn't included within Moldbug's article that started the whole "Bitcoin as a store of value" argument? I didn't know the name Moldbug until you just mentioned it. Is it this article? https://www.unqualified-reservations.org/2013/04/bitcoin-is-money-b...
- Sun Mar 24, 2024 6:38 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
The price is all about the demand. This would only be true if the liquid supply was only provided by the miners. One could argue that below a certain price the newly mined bitcoin could become insignificant relative to net inflows. Price is set on the margins so I think as price goes higher there w...
- Sat Mar 23, 2024 4:12 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
Interesting property of Bitcoin is that, like other commodities, as the price rises, more miners come online because it is now profitable where it wasn’t before. Likewise, hard to access gold becomes more worthwhile to dig up. However, with Bitcoin, the miners are competing for their share of daily ...
- Wed Mar 20, 2024 12:19 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP as Emergency Fund / Income Source
- Replies: 8
- Views: 688
Re: PP as Emergency Fund / Income Source
Yeah. I’m just looking for more ways to get mileage out of a portfolio that holds 25% in cash. Im starting to think of the PP more as a personal financial system, and less as an investment portfolio. Seems like using the 25% cash allocation to ensure you have a steady supply of US dollars coming in ...
- Wed Mar 20, 2024 11:25 am
- Forum: Permanent Portfolio Discussion
- Topic: PP as Emergency Fund / Income Source
- Replies: 8
- Views: 688
Re: PP as Emergency Fund / Income Source
This also helps answer the Permanent Portfolio sizing question. When your PP is large enough to deliver enough US Dollars to cover your mortgage each month for the next 12 months, that's a certain level of financial stability and peace of mind. Once your PP grows large enough to deliver your curren...
- Tue Mar 19, 2024 7:48 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP as Emergency Fund / Income Source
- Replies: 8
- Views: 688
Re: PP as Emergency Fund / Income Source
Ah yeah. I see in your post history that you have a similar and more sophisticated approach. Cool.
- Tue Mar 19, 2024 3:11 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP as Emergency Fund / Income Source
- Replies: 8
- Views: 688
PP as Emergency Fund / Income Source
I had a recent modification to the Permanent Portfolio I wanted to share w/ you all. I hope that it leads to feeling more secure and free. Take the cash portion, divide it by 12, and set up a 12 month treasury bill ladder. Every month bills will mature, providing you w/ the precious US Dollars you m...
- Sat Mar 02, 2024 1:26 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
What percentage would you allocate to bitcoin in your portfolio? Would it be enough to matter? The interesting thing about this, is that in the long run, it might not matter much how much you have, just as long as you have some. I personally don’t care about the difference between being a billionair...
- Fri Mar 01, 2024 12:34 pm
- Forum: Other Discussions
- Topic: Alcohol and Nutrition
- Replies: 42
- Views: 3108
- Fri Mar 01, 2024 12:23 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
Daily supply gets cut in half in about a month.
- Fri Mar 01, 2024 12:21 pm
- Forum: Other Discussions
- Topic: KDE Plasma 6
- Replies: 2
- Views: 200
KDE Plasma 6
https://news.ycombinator.com/item?id=39548458
Are they talking about our PointedStick?
Congrats on the release, PS!
Are they talking about our PointedStick?
Congrats on the release, PS!
- Fri Sep 15, 2023 12:52 pm
- Forum: Gold
- Topic: I Thought Gold Would Fare Better in 2022-23
- Replies: 63
- Views: 111761
Re: I Thought Gold Would Fare Better in 2022-23
I think gold will still have relevance in the decades to come. I don't see Bitcoin being a threat to gold so much as it is a complement. Gold has long stood alongside silver and copper, as an example. I think Bitcoin and maybe a couple other cryptocurrencies have simply enlarged our set of viable o...
- Fri Sep 15, 2023 12:30 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
I now think of bitcoin as a company like Visa or PayPal that you can buy directly. Once the dust settles I don't see it being more valuable than the largest companies in the world based on the service it offers. If something else comes along that can provide the service better then it may be reduce...
- Fri Sep 15, 2023 12:27 pm
- Forum: Other Discussions
- Topic: Michael Saylor: Bitcoin, Inflation, and the Future of Money | Lex Fridman Podcast #276
- Replies: 9
- Views: 4206
- Mon Aug 14, 2023 3:36 pm
- Forum: Gold
- Topic: Gold Substitutes
- Replies: 41
- Views: 100594
Re: Gold Substitutes
It does not describe fiat currency. Fiat currency replaces one social consensus mechanism with another. The tradeoff is between a physical commodity that is hard to create (gold) and a theoretical commodity that is easy to create, but backed by the economic output and military strength of the gover...
- Sun Aug 13, 2023 5:58 am
- Forum: Gold
- Topic: Gold Substitutes
- Replies: 41
- Views: 100594
Re: Gold Substitutes
But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...
- Sat Aug 12, 2023 7:58 am
- Forum: Gold
- Topic: Gold Substitutes
- Replies: 41
- Views: 100594
Re: Gold Substitutes
But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...
- Wed Aug 09, 2023 4:17 pm
- Forum: Gold
- Topic: Gold Substitutes
- Replies: 41
- Views: 100594
Re: Gold Substitutes
But is vulnerable to where states with massive data centers might hack a central software server to roll out a virus/bug/feature whereby other states systems are impeded. Maybe something like where a later version of the software contains a 'bug' that is commonly rolled out, but ignored by the atta...
- Fri Aug 04, 2023 10:46 am
- Forum: Gold
- Topic: Gold Substitutes
- Replies: 41
- Views: 100594
Re: Gold Substitutes
There is no substitute for gold. It is a physical (yet compact!), indestructible, decentralized bearer instrument of limited supply. Crypto and public (albeit encrypted) ledger will at some point hit a wall where it becomes all too obvious that ledgers are best kept private, or otherwise are at risk...
- Sat Jul 22, 2023 6:38 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 121199
Re: BTC in the PP
Thanks Jack. I see how you can pay in cash so as to acquire Btc anonymously, but that you need to record your email, phone number etc. to open a Bisq account, so still not like buying a gold coin in cash anonymously that's then off radar and in your own hands, no counter party risk. And where chanc...