Search found 164 matches

by Mr Vacuum
Fri Dec 07, 2018 10:32 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 76528

Re: Purpose of the PP

The fool is the person who thought it had anything to do with the top of a pyramid.
by Mr Vacuum
Fri Dec 07, 2018 8:07 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 76528

Re: Purpose of the PP

I am a recovering Buddaholic. But today I had a good day. I typed up a response (reaction) to Budd's latest. Accurate, filled with facts, witty, with a slight bit of snark...but then I deleted it. Today, was a good day. 8) Good one, Kbg. Your struggle is shared by many. As tiresome as the fallacies...
by Mr Vacuum
Wed Sep 26, 2018 7:09 am
Forum: Cash
Topic: Cash is King!
Replies: 12
Views: 14109

Re: Cash is King!

Is the green line the dollar index $USD? If so I question its use in this comparison, it being a ratio against other currencies, not a model of a cash instrument. It may reverse course just as quickly at any time, as it did in the six months or so after the 2016 election. Try SHV or SHY. Either is s...
by Mr Vacuum
Mon Sep 17, 2018 6:13 pm
Forum: Gold
Topic: Perth Mint depository online data breach
Replies: 43
Views: 31367

Re: Perth Mint depository online data breach

The breach grows: Perth Mint Confirms More Customers Involved In Data Breach I received notice this morning my account information was among those compromised, including "the numbers of your bank account, your passport and/or driver’s license." Further, "The information illegally accessed was taken ...
by Mr Vacuum
Mon Jul 23, 2018 5:32 pm
Forum: Permanent Portfolio Discussion
Topic: Seven providers have their hooks in me
Replies: 22
Views: 15939

Re: Seven providers have their hooks in me

Fidelity has a refund-all-ATM fees debit card. I haven’t tested it outside the U.S. but it hasn’t let me down inside.
by Mr Vacuum
Sun May 27, 2018 8:55 am
Forum: Variable Portfolio Discussion
Topic: Tactical Asset Allocation + HBPP an intriguing combo
Replies: 500
Views: 296775

Re: GEM goes back to US Large Caps

ochotona wrote:
Thu May 24, 2018 9:24 am
vacation to somewhere without Internet
Great idea. Enjoy!
by Mr Vacuum
Thu Mar 29, 2018 4:29 pm
Forum: Cash
Topic: Zeros for cash?
Replies: 14
Views: 12267

Re: Zeros for cash?

The irony of a clear answer about precise tax treatment of 1 year tbills not yet appearing in this thread amongst analyzers and tweakers is a bit much considering they were Harry Browne’s clear and simple recommendation for one fourth or the portfolio ;) Indeed, I previously switched from funds to ...
by Mr Vacuum
Thu Mar 29, 2018 7:21 am
Forum: Cash
Topic: Zeros for cash?
Replies: 14
Views: 12267

Re: Zeros for cash?

The irony of a clear answer about precise tax treatment of 1 year tbills not yet appearing in this thread amongst analyzers and tweakers is a bit much considering they were Harry Browne’s clear and simple recommendation for one fourth or the portfolio ;) Indeed, I previously switched from funds to b...
by Mr Vacuum
Fri Mar 23, 2018 6:34 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

Classic, budd. I spoke too soon while the stocks loss was smaller. But corto is also right on: gold is still tops on the YTD (and has been the 3mo leader all month).
by Mr Vacuum
Fri Mar 23, 2018 12:50 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

It's working today, budd!!!
by Mr Vacuum
Thu Mar 01, 2018 7:33 pm
Forum: Other Discussions
Topic: Syria
Replies: 194
Views: 71319

Re: Syria

What a nightmare.

Unrelated but this thread reminded me, I’ve been missing TennPaGa’s posts around here.

Continuing the thread drift, I watched 13 Hours and liked it a lot. Hats off to the filmmakers and of course the “practitioners,” to use Kbg’s term.
by Mr Vacuum
Thu Mar 01, 2018 7:28 pm
Forum: Gold
Topic: Gold taxation thoughts
Replies: 56
Views: 39878

Re: Gold taxation thoughts

I can confirm that the wash sale rules don't apply. I researched IRS rules, then tax loss harvested gold Eagles through APMEX in 2013. Per the guy I talked to on the phone, they were doing a ton of those transactions at the time. I had to mail them coins and get them mailed right back though. Thank...
by Mr Vacuum
Thu Mar 01, 2018 6:43 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP going to hold up?
Replies: 114
Views: 57789

Re: Is the PP going to hold up?

Cortopassi, your experience is about the same as mine. I am determined to pass on more investing guidance to my children than what I received from my parents, which was zero. When I read Craig and Tex's PP book, it was like a light bulb went on in my head. It just makes so much sense, but nobody ev...
by Mr Vacuum
Wed Feb 28, 2018 6:20 pm
Forum: Gold
Topic: Gold taxation thoughts
Replies: 56
Views: 39878

Re: Gold taxation thoughts

I'm pretty sure somebody here has a story of going to his/her gold dealer with some gold, and while that gold was sitting on the counter, sold and re-bought it, complete with a receipt for both transactions. The dealer took a small cut for facilitating. Gotcha. Hitting the streets with coins to do ...
by Mr Vacuum
Wed Feb 28, 2018 5:46 pm
Forum: Variable Portfolio Discussion
Topic: Tactical Asset Allocation + HBPP an intriguing combo
Replies: 500
Views: 296775

Re: Dual Momentum GEM + HBPP a great combo, easy to test

On a related note, my employer's 401(k) is moving from rip-off insurance company custody to Vanguard! Another one bites the dust. Nice! TLT rallied in vain today, slipping to negative 12mo total return lookback vs. SHV for the first time in a few months. It looks to remain choppy the next couple mo...
by Mr Vacuum
Wed Feb 28, 2018 4:41 pm
Forum: Gold
Topic: Gold taxation thoughts
Replies: 56
Views: 39878

Re: Gold taxation thoughts

Trade is done, got the same price for physical gold today as when I sold my ETF on Friday - a few nail-biting moments there due to volatility. Only 1.5% premium, it was the annual clearance sale at Texas PM. Random year Can Gold Maple Leaves. I was on the I-10 in my car, placing this big order (we ...
by Mr Vacuum
Sun Feb 25, 2018 8:13 pm
Forum: Other Discussions
Topic: Kids: Then and Now
Replies: 105
Views: 56306

Re: Kids: Then and Now

I've been in martial arts my whole life (44 years out of my almost 57), and I've noticed that kids today can't mount an attack worth sh**. They are disconnected from their physical bodies. They have spent too much time in video games, imagining themselves in first person shooter roles, or maybe vir...
by Mr Vacuum
Fri Feb 23, 2018 11:33 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

Budd, why would you expect the PP to outperform the 70/30? That's not the goal. As Harry Browne said, "Investing is about taking the returns that the market gives you." If there were a risk-free investment that could beat a 70/30 over time, believe me we'd all be there. The problem is, there isn't....
by Mr Vacuum
Wed Feb 21, 2018 4:52 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

I have 200K to add to the portfolio. I’m having a difficult time deciding between 70/30 and the PP. All I have witnessed in my investing life which started in 2008 is stocks out-performing all other assets with minimal/short-lived declines. While psychologically I like the PP, I have yet to witness...
by Mr Vacuum
Wed Feb 21, 2018 6:57 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

Budd, you frequently tout with confidence statistics and historical perspectives showing the superior long run performance of stocks as justification for their proper use in a portfolio. Have you asked yourself why you have such trouble accepting statistics on gold that form the long term basis for ...
by Mr Vacuum
Tue Feb 20, 2018 5:10 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3689
Views: 1656519

Re: The GOLD scream room

Well can’t say I didn’t tell you so... First hint of inflation and gold disappears. Wonderful day for the PP. Look at her go, thank god I only have 25% in each asset class since they are all going down together...hmm Told who what now? Last I recall you were voicing unrealistic expectations for gol...
by Mr Vacuum
Tue Feb 20, 2018 11:54 am
Forum: Variable Portfolio Discussion
Topic: Tactical Asset Allocation + HBPP an intriguing combo
Replies: 500
Views: 296775

Re: Dual Momentum GEM + HBPP a great combo, easy to test

Huh. In fact in Antonacci's absolute momentum paper high yield bonds with absolute momentum show the highest Sharpe ratio and best improvement in volatility, a fact which I glossed over previously. PRHYX also does very well with SPY in dual momentum. I see the data goes back to 1992. Are you using 1...
by Mr Vacuum
Sun Feb 11, 2018 7:52 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 645241

Re: Stock scream room

Kriegsspiel wrote:Nikkei down two plus?
To Aokigahara
those traders will trudge
Nice one. I’m still grinning about the It’s Happening! gif from last week.
by Mr Vacuum
Sun Feb 11, 2018 6:43 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 645241

Re: Stock scream room

Matt Levine on Feb 6. The market fell further after he wrote this, but if you enjoy his column this was the perfect take following on his previous segments on market volatility. (All his columns last week were enjoyable, on various topics) https://www.bloomberg.com/view/articles/2018-02-06/people-ar...
by Mr Vacuum
Sat Feb 10, 2018 1:08 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP going to hold up?
Replies: 114
Views: 57789

Re: Is the PP going to hold up?

I'll be nibbling at stocks on a regular (weekly) schedule, dualstow, I forget your plan. Is that nibble a long term increase plan or micro rebalancing or what? Choice #1. It’s not so much rebalancing as a long term plan to continue to accumulate stocks, pp or not, while I’m still relatively young. ...