Search found 1122 matches

by Tortoise
Thu Jun 13, 2019 2:21 pm
Forum: Gold
Topic: KeyBank Bans Gold Bullion from “Safe” Deposit Boxes
Replies: 13
Views: 331

Re: KeyBank Bans Gold Bullion from “Safe” Deposit Boxes

The gold ban doesn’t make much sense to me, either. As long as it’s clearly stated that the bank will insure only up to $X per box, why do they care whether a box contains gold or not? Something isn’t quite adding up. Unless they’re specifically banning gold bullion since they know it’s the most com...
by Tortoise
Tue Jun 11, 2019 9:37 pm
Forum: Variable Portfolio Discussion
Topic: BYND
Replies: 72
Views: 1338

Re: BYND

Jainism? No, Seventh-day Adventist Christianity. The consumption of meat and alcohol aren’t forbidden by the Bible, but Ellen G. White is considered a prophet by the SDA church, and as part of the Temperance movement she advocated a vegetarian and alcohol-free lifestyle (similar to John Harvey Kell...
by Tortoise
Tue Jun 11, 2019 6:54 pm
Forum: Other Discussions
Topic: The Left is Eating Itself Pt. II
Replies: 307
Views: 18848

Re: The Left is Eating Itself Pt. II

Yes, I turned 70 two days ago (and get my first SS check next month). And for the record I'm a kick-ass 70 year old. Celebrated by doing a 200 mile bike ride with my son (actually it was originally supposed to be a 400 mile ride but still not too bad). Badass! What’s your secret? Discipline, or jus...
by Tortoise
Tue Jun 11, 2019 6:11 pm
Forum: Variable Portfolio Discussion
Topic: BYND
Replies: 72
Views: 1338

Re: BYND

Impossible Burgers are soy-based. Depending on who you talk to, men should avoid soy. I did read an article yesterday claiming that this was a myth, but have read way more taking the other view. Boca burgers (also soy) used to be pretty good, too, but haven't had one in years. Well, for what it’s w...
by Tortoise
Tue Jun 11, 2019 4:39 pm
Forum: Variable Portfolio Discussion
Topic: BYND
Replies: 72
Views: 1338

Re: BYND

As an aside, although the BYND burgers tasted great, they had the oddest smell prior to cooking. Almost didn't go through with it. Yes, exactly. Beyond Burgers taste fine, but they have an odd smell that reminds me faintly of a freshly opened can of dog food. I hope they can improve the product ove...
by Tortoise
Tue Jun 11, 2019 12:51 pm
Forum: Stocks
Topic: Stock scream room
Replies: 643
Views: 115263

Re: Stock scream room

I remember Sophie’s backtest. However, I recall the difference in measured performance was not huge and might have been due simply to statistical variation within the historical data set. Even if the difference were real, there’s no guarantee it would persist going forward. Whether you buy the laggi...
by Tortoise
Tue Jun 11, 2019 12:31 pm
Forum: Permanent Portfolio Discussion
Topic: 3 years of PP returns
Replies: 23
Views: 1008

Re: 3 years of PP returns

what i find funny is when there is a short term market downturn everyone seems to cheer about how the pp did so well by not falling but when the results are weak for 3 years all of a sudden you can't tell much from the short term . That’s not a contradiction. Short-term volatility and long-term CAG...
by Tortoise
Mon Jun 10, 2019 8:17 pm
Forum: Stocks
Topic: Stock scream room
Replies: 643
Views: 115263

Re: Stock scream room

Nicely put. I actually decided just today that my taxable savings have finally grown to a size where it makes sense to consider my emergency fund and intermediate-term savings as part of my taxable PP rather than separate from it. That change required me to make three large purchases of stocks, bond...
by Tortoise
Sun Jun 09, 2019 2:39 pm
Forum: Permanent Portfolio Discussion
Topic: 3 years of PP returns
Replies: 23
Views: 1008

Re: 3 years of PP returns

Agreed, three years is too short of a timeframe from which to judge the PP. As has been noted in discussions on this forum over the years, the PP can have (and actually has had, once or twice) negative returns for rolling time windows of up to about three years. If I recall, there are very few portf...
by Tortoise
Sun Jun 09, 2019 2:29 pm
Forum: Other Discussions
Topic: Immediate 5% across-the-board Mexican tariffs
Replies: 90
Views: 1943

Re: Immediate 5% across-the-board Mexican tariffs

I'm glad we avoided tariff. But this does go completely against what he said on Twitter. He said tariffs would remain in until illegal immigration stopped completely. Isn’t that usually how deal negotiations work? One party asks for everything, the other party says they can’t give everything but ca...
by Tortoise
Sat Jun 08, 2019 1:31 pm
Forum: Other Discussions
Topic: Immediate 5% across-the-board Mexican tariffs
Replies: 90
Views: 1943

Re: Immediate 5% across-the-board Mexican tariffs

Looks like Mexico made a deal with the U.S. to avoid the tariff.

Maybe Trump actually knew what he was doing.
by Tortoise
Wed Jun 05, 2019 4:40 pm
Forum: Bonds
Topic: Treasury Yield Curve - June 3 2019
Replies: 9
Views: 258

Re: Treasury Yield Curve - June 3 2019

Are the banks that currently offer 5-year CDs at 3% basically taking a loss on the CDs in order to hopefully attract new customers who will also sign up for lines of credit (from which the bank actually makes its money)?