Search found 1147 matches

by Tortoise
Fri Sep 20, 2019 12:21 am
Forum: Cash
Topic: Cracks emerging in money markets?
Replies: 7
Views: 189

Re: Cracks emerging in money markets?

How can this hurt Joe Average investors? I don't go around all day thinking about the repo market. Might MM funds "bust the buck"? Since the repo market is apparently the "plumbing" of the banking world, it's not very sexy and hardly anybody (including us) pays much attention to it. I really don't ...
by Tortoise
Thu Sep 19, 2019 6:07 pm
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 7
Views: 207

Re: Gold / Stock / Bonds at highs or near highs?

I actually have the opposite problem from you, vantage :) I'm 100% invested in the PP, and I'd like to transfer my former employer's 401(k) to my current one (at a different financial institution) to simplify things. But doing that will require me to convert the old 401(k) to cash and wait for proba...
by Tortoise
Thu Sep 19, 2019 4:02 pm
Forum: Bonds
Topic: ILT Alternatives?
Replies: 3
Views: 106

Re: ILT Alternatives?

There have almost always been long-term government bond funds other than TLT. I believe the reason Craig listed TLT as the “only” option is because he considered it mandatory for an LTT fund’s prospectus to require it to hold ONLY long-term Treasuries and nothing else. At the time, I think TLT was t...
by Tortoise
Thu Sep 19, 2019 3:28 pm
Forum: Cash
Topic: Cracks emerging in money markets?
Replies: 7
Views: 189

Re: Cracks emerging in money markets?

Fed intervenes in money markets for the third day in a row...

https://www.bloomberg.com/news/articles ... raight-day
by Tortoise
Tue Sep 17, 2019 11:55 pm
Forum: Other Discussions
Topic: Service economy inspires crappy design
Replies: 24
Views: 380

Re: Service economy inspires crappy design

Even among modern cars, there are some big differences. Here's a rollover comparison between a Volvo XC-90 and a Ford Explorer. The first 45 seconds during the Volvo test are pretty boring (which says a lot), but things get REALLY exciting in the second half when they do the Ford... https://youtu.b...
by Tortoise
Tue Sep 17, 2019 3:24 am
Forum: Other Discussions
Topic: Service economy inspires crappy design
Replies: 24
Views: 380

Re: Service economy inspires crappy design

Aerodynamics are an important part of fuel efficiency, but if you drastically reduce maintenance costs with a simplified, standardized, modular design it might be worth losing some aerodynamics. Worth it to the car companies? How would they profit from easier maintenance? The service center mechani...
by Tortoise
Mon Sep 16, 2019 3:28 pm
Forum: Other Discussions
Topic: Service economy inspires crappy design
Replies: 24
Views: 380

Re: Service economy inspires crappy design

I'm guessing that the lack of ease in home maintenance is a trade off the car companies make in order to achieve optimized aerodynamics and weight. That would help explain why back when people worked on their own cars, they were landboats. And some of those landboats looked really cool! Aerodynamic...
by Tortoise
Sat Sep 14, 2019 4:55 pm
Forum: Other Discussions
Topic: Service economy inspires crappy design
Replies: 24
Views: 380

Re: Service economy inspires crappy design

Xan wrote:
Sat Sep 14, 2019 3:15 pm
Sounds great to me. Would it be legal?
Sure, why wouldn’t it be?
by Tortoise
Sat Sep 14, 2019 3:08 pm
Forum: Other Discussions
Topic: Service economy inspires crappy design
Replies: 24
Views: 380

Re: Service economy inspires crappy design

I agree, doodle, and the maintenance costs are climbing even higher as more and more expensive electronic parts and computers are added to modern cars and trucks. An automobile design focused on simplicity and ease of maintenance does seem like an untapped niche market. It would be great not only fo...
by Tortoise
Fri Sep 13, 2019 6:02 pm
Forum: Permanent Portfolio Discussion
Topic: Indexing overtakes Active Investing
Replies: 4
Views: 204

Re: Indexing overtakes Active Investing

Don’t forget that even if all investors were 100% indexed someday, a bunch of them would still actively trade their index funds by trying to time the market. Index investing and passive investing aren’t necessarily the same thing. It’s possible to actively invest in passive (index) funds and passive...
by Tortoise
Wed Sep 11, 2019 3:14 pm
Forum: Permanent Portfolio Discussion
Topic: How many brokerage firms are you using?
Replies: 38
Views: 756

Re: How many brokerage firms are you using?

To just get started, I am thinking of fulfilling as much of the Permanent Portfolio investing through my present Vanguard accounts. Then later I may transfer some of the investments to Fidelity. But to just immediately become a full fledged Level 4 Permanent Portfolio investor seems too consuming. ...