Search found 1127 matches

by Tortoise
Mon Jul 15, 2019 3:31 am
Forum: Other Discussions
Topic: Best apps for tracking purchases
Replies: 2
Views: 73

Best apps for tracking purchases

Whenever I make purchases with my credit card, I save the receipts, and when I get my credit card statement I check it against the paper receipts to make sure none of the charges are fraudulent. That worked fine for many years, but recently I've been using my credit card more often as society become...
by Tortoise
Mon Jul 15, 2019 2:50 am
Forum: Permanent Portfolio Discussion
Topic: Gains from a Feb to July
Replies: 2
Views: 172

Re: Gains from a Feb to July

July 15 close hasn't happened yet, so here's the PP performance (including dividends) from Feb 15 to July 12: Stocks (VTI): 8.6% Bonds (TLT): 7.9% Gold (GLD): 7.0% Cash (SHV): 1.0% Portfolio (4x25): 6.1% You can check these numbers yourself by going to www.etfreplay.com and selecting Backtesting -->...
by Tortoise
Thu Jul 11, 2019 2:20 am
Forum: Permanent Portfolio Discussion
Topic: Any PP Defectors Here?
Replies: 19
Views: 591

Re: Any PP Defectors Here?

A lot of the sentiment in this thread seems to be hinting towards the tight money recession scenario -- the scenario that the 25% cash portion of the portfolio is meant for. There can indeed be times in which, say, stocks and bonds both perform poorly simultaneously. We've got that cash (and gold) ...
by Tortoise
Fri Jun 21, 2019 1:31 pm
Forum: Gold
Topic: Rethinking the Permanent Portfolio
Replies: 50
Views: 1709

Re: Rethinking the Permanent Portfolio

As an empirical test, let's observe the price behavior of gold vs. various cryptocurrencies in response to the next period of major uncertainty (market crash, secular bear market, global crisis, major war or terrorist attack, etc.). My feeling is that our technologically-based financial system (incl...
by Tortoise
Tue Jun 18, 2019 11:25 am
Forum: Gold
Topic: KeyBank Bans Gold Bullion from “Safe” Deposit Boxes
Replies: 18
Views: 869

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

If I store it at home, I’ll get shot. I feel better keeping it at the bank. Agreed. There was a home burglary in my neighborhood a few weeks ago, and the owner was home at the time (midday). The burglar severely beat the man and escaped with a safe. The man died later in the hospital. Although I do...
by Tortoise
Thu Jun 13, 2019 2:21 pm
Forum: Gold
Topic: KeyBank Bans Gold Bullion from “Safe” Deposit Boxes
Replies: 18
Views: 869

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: 87
Views: 2835

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: 335
Views: 22176

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: 87
Views: 2835

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: 87
Views: 2835

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: 651
Views: 120591

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: 25
Views: 1909

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...