vnatale wrote: ↑Tue Apr 30, 2024 7:07 pmYou are saying that type of squire would maintain a permanent status?ArthurPooh wrote: ↑Tue Apr 30, 2024 3:36 pmBut I assume a passive squire would not get very far.dualstow wrote: ↑Tue Apr 30, 2024 11:54 amArthurPooh wrote: ↑Tue Apr 30, 2024 10:42 am Yes, exactly. Medieval peasants couldn't just frugal themselves into becoming knights,
But squires could “feudal” themselves into becoming knights
Search found 534 matches
- Mon May 06, 2024 5:43 pm
- Forum: Permanent Portfolio Discussion
- Topic: New interview with Craig Rowland
- Replies: 55
- Views: 4167
Re: New interview with Craig Rowland
- Thu May 02, 2024 5:44 pm
- Forum: Permanent Portfolio Discussion
- Topic: This is the best time in 45 years to invest in the Permanent Portfolio
- Replies: 50
- Views: 15908
Re: This is the best time in 45 years to invest in the Permanent Portfolio
All good. The lesson might only be applicable in one in ten lifetimes or so.mathjak107 wrote: ↑Thu May 02, 2024 4:43 pm i gave up trying to watch it unfortunately..to long and boring for me to focus on it..
- Thu May 02, 2024 3:28 pm
- Forum: Politics
- Topic: Disconnecting productivity from consumption
- Replies: 8
- Views: 219
Re: Disconnecting productivity from consumption
As I've stated in the other thread, this is the human norm - working poor finance the idle owners. On the flip side, owners create firms that employ the working poor. The janitors at MSFT never had to incur the opportunity cost of studying information technology, but they benefit from Bill Gate's p...
- Thu May 02, 2024 12:17 pm
- Forum: Permanent Portfolio Discussion
- Topic: This is the best time in 45 years to invest in the Permanent Portfolio
- Replies: 50
- Views: 15908
Re: This is the best time in 45 years to invest in the Permanent Portfolio
not enough history yet to declare the pp a poor choice in comparison to the newer leveraged risk parity portfolios but so far they look very promising as the next wave of risk parity design I recently watched this video and it made me think of you. https://youtu.be/45NygYIj_D0?si=MkK4P1x-4pC2suIJ
- Thu May 02, 2024 8:40 am
- Forum: Politics
- Topic: Disconnecting productivity from consumption
- Replies: 8
- Views: 219
Re: Disconnecting productivity from consumption
The disconnection of consumption from productivity is due to the lack of separation between economy and state. The problem is that debt diverts a large share of actual economic output (goods and services) into passive income (interest paid). This would be fine in a world where credit is supplied by ...
- Mon Apr 29, 2024 7:04 am
- Forum: Permanent Portfolio Discussion
- Topic: New interview with Craig Rowland
- Replies: 55
- Views: 4167
Re: New interview with Craig Rowland
I still can’t get over the idea that one can generate wealth- ok, can generate income , from interest and dividends. Of course I understand the concept. You’re renting out your money, like a landlord rents out living space. But…I didn’t sweat for it. And I didn’t invent anything. I’m not complainin...
- Sat Apr 27, 2024 5:09 am
- Forum: Permanent Portfolio Discussion
- Topic: I do not undestand the theory behind international PP at all
- Replies: 30
- Views: 24910
Re: I do not undestand the theory behind international PP at all
Sounds very similar to BelangP's approach, with your cash allocation being 25%. All the best for your investing success! Edit: Link for anyone curious => https://palisadesradio.ca/paul-belanger-gold-the-ultimate-hedge/ The Ball Game demonstrates something we’ve struggled to help Mathjak understand.
- Thu Apr 18, 2024 12:51 pm
- Forum: Bonds
- Topic: Just made a purchase at 5.088 for 30 year LTTs
- Replies: 24
- Views: 6338
- Tue Apr 16, 2024 10:57 am
- Forum: Stocks
- Topic: Fidelity direct indexing and small cap value
- Replies: 12
- Views: 762
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: 404
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: 129427
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: 129427
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: 129427
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: 129427
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: 1265
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: 1265
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: 1265
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: 1265
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: 129427
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: 3487
- Fri Mar 01, 2024 12:23 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 129427
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: 382
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: 116348
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: 129427
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...