Search found 286 matches

by Don
Fri Apr 08, 2022 5:16 pm
Forum: Bonds
Topic: Fed damaging bond market
Replies: 53
Views: 10780

Re: Fed damaging bond market

I watched Options Action on CNBC and they all sounded confident that 112-114 will be the low in TLT, at least short term. That's about a 9% further loss.
by Don
Thu Apr 07, 2022 12:13 pm
Forum: Variable Portfolio Discussion
Topic: How to save money not part of your portfolio?
Replies: 11
Views: 2006

Re: How to save money not part of your portfolio?

I make a comfortable salary and have low living expenses, and seem to have an excess of 1k-2k/month. I don't really want to invest this money, as there are some medium term goals I want to save for (3-5 years), but I"m not sure where to put the money in the interim. The tricky part is that I may no...
by Don
Thu Apr 07, 2022 10:33 am
Forum: Permanent Portfolio Discussion
Topic: Stock market vs Fed
Replies: 9
Views: 2218

Re: Stock market vs Fed

Fed policy has a significant impact on the economy and business which is why so much attention is given to what they do. The Fed can have a huge impact on the stock market but it's not like someone at the Fed is waving a wand or rubbing a lamp and saying "Stock Market go down" and poof it happens. ...
by Don
Thu Apr 07, 2022 7:52 am
Forum: Permanent Portfolio Discussion
Topic: Stock market vs Fed
Replies: 9
Views: 2218

Re: Stock market vs Fed

Fed policy has a significant impact on the economy and business which is why so much attention is given to what they do. The Fed can have a huge impact on the stock market but it's not like someone at the Fed is waving a wand or rubbing a lamp and saying "Stock Market go down" and poof it happens. ...
by Don
Sat Apr 02, 2022 6:49 pm
Forum: Gold
Topic: PHYS selling at a premium
Replies: 6
Views: 2917

Re: PHYS selling at a premium

It's probably not worth it for tax purposes.
by Don
Fri Apr 01, 2022 11:16 am
Forum: Permanent Portfolio Discussion
Topic: If The Stock Market Crashes Which Asset Will Save Us?
Replies: 34
Views: 8574

If The Stock Market Crashes Which Asset Will Save Us?

I'm looking at a market crash ahead. Which asset in the PP will save us? Also, any non PP assets, possibly like TBT?
by Don
Wed Mar 30, 2022 9:17 pm
Forum: Bonds
Topic: Fed damaging bond market
Replies: 53
Views: 10780

Re: Fed damaging bond market

The new normal for bonds is that they become more and more about simply guessing at central bank moves, and less about real-world fundamentals because investors will turn elsewhere to express such views -- precious metals, various equity sectors, commodity baskets and so on. I don't know that we ne...
by Don
Fri Mar 25, 2022 6:25 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 28
Views: 5206

Re: Berkshire Hathaway

Up 40% in a year. I'm happy. I like old, wise managers.
by Don
Fri Mar 25, 2022 3:27 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 28
Views: 5206

Re: Berkshire Hathaway

It's been doing well. Extremely tax efficient in a non-retirement account.
by Don
Fri Mar 25, 2022 3:25 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 160
Views: 105507

Re: Where and how do you purchase physical gold?

"I visit my box at least once per year just so the bank knows it's "active."

I need to do this too.
by Don
Thu Mar 24, 2022 3:27 pm
Forum: Gold
Topic: Gold ETFs old and new
Replies: 32
Views: 8983

Re: Gold ETFs old and new

I bought PHYS years ago and dislike it but I don't want to pay taxes to switch out of it. I guess I'm stuck. PHYS is a Trust & therefore isn't taxed at the Collectibles rate: it is taxed like any other ETF. This is only true if you filed the proper paperwork with the IRS in the first year that you ...
by Don
Tue Mar 15, 2022 12:42 pm
Forum: Permanent Portfolio Discussion
Topic: Wellesley GB
Replies: 11
Views: 2691

Re: Wellesley GB

Wellesley works best in a tax deferred account.
by Don
Mon Mar 14, 2022 6:03 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin and Taxes
Replies: 3
Views: 1245

Re: Bitcoin and Taxes

Totally forgot to report a 2021 purchase I made with bitcoin given to me by Marc on this site once upon a time. Oops. I don't do my own taxes, but I happened to see it on the extra copy of my completed tax return. "Virtual currency." Oops. I'll need to fix that. I wish that I had your problem, dual...
by Don
Thu Mar 10, 2022 1:32 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1641470

Re: The GOLD scream room

dualstow wrote:
Thu Mar 10, 2022 9:29 am
Gold back below 2000 per oz. Driving myself nuts over whether I should buy.
Is gold just about the worst performing commodity of them all over the past 12 months? It could be.
by Don
Sat Mar 05, 2022 1:58 pm
Forum: Variable Portfolio Discussion
Topic: It feels like 2008 Again Only Worse
Replies: 12
Views: 3468

It feels like 2008 Again Only Worse

With skyrocketing fuel prices and an economy in deep stress, this is starting to remind me of 2008, with differences, of course. This should be where the PP earns it's keep. What do you think?
by Don
Fri Mar 04, 2022 2:05 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1139
Views: 800286

Re: Putin Invades Ukraine II

Biden's weakness and his abysmal performance in Afghanistan brought this on.
by Don
Sat Feb 26, 2022 3:35 pm
Forum: Cash
Topic: Bank Bonuses
Replies: 36
Views: 10716

Re: Bank Bonuses

Haha! We watched that Sony Trinitron for many, many good years.
by Don
Sat Feb 26, 2022 11:08 am
Forum: Cash
Topic: Bank Bonuses
Replies: 36
Views: 10716

Re: Bank Bonuses

It was forever ago and I was a kid. Don't remember.
by Don
Fri Feb 25, 2022 1:32 pm
Forum: Cash
Topic: Bank Bonuses
Replies: 36
Views: 10716

Re: Bank Bonuses

Big yawn until they start giving out Sony Trinitons again. I must be older than you are. Until inflation set in during the late 1960s, I recall that toasters and coffee pots were the "free" bank giveaway of choice. My folks got a Sony Trinitron TV from Crossland Savings Bank. It was very heavy!
by Don
Thu Feb 24, 2022 2:04 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1438
Views: 642841

Re: Stock scream room

dualstow wrote:
Thu Feb 24, 2022 8:25 am
I took a lot of vp profits in individal stocks right after New Year’s, but I have sold zero index fund shares.
Bought some dividend payers - of course AT&T slashed their dividend by 50% after I bought in.
Is this part of your PP or is it VP money?
by Don
Sat Feb 19, 2022 7:26 am
Forum: Cash
Topic: Bank Bonuses
Replies: 36
Views: 10716

Re: Bank Bonuses

Big yawn until they start giving out Sony Trinitons again.
by Don
Fri Feb 18, 2022 8:55 pm
Forum: Gold
Topic: My Tax Forms and GLDM
Replies: 4
Views: 1745

Re: My Tax Forms and GLDM

Yeah, my IAU is in a retirement account. That's why I hadn't noticed it before. And my PHYS is PHYS so this doesn't apply.
by Don
Fri Feb 18, 2022 1:59 pm
Forum: Gold
Topic: My Tax Forms and GLDM
Replies: 4
Views: 1745

My Tax Forms and GLDM

I own GLDM and just received my tax forms for 2021. Under "Proceeds from Broker and Barter Exchange Transactions" GLDM is giving off some kind of "Undetermined Term Transactions for Noncovered Tax Lots." They are listed as "Principal payments." I'm guessing that I have to declare these as income but...
by Don
Fri Feb 18, 2022 11:02 am
Forum: Gold
Topic: Are The Gold Miners A More Tax Friendly Investment?
Replies: 7
Views: 2156

Re: Are The Gold Miners A More Tax Friendly Investment?

mining stocks are so unpredictable. You could have a great mine that's functioning well and then the gov't slaps on some environmental taxes. Or you could have a junk mine that's lying about potential reserves. It's all a big mess and in no way an alternative to owning gold. The miners are one of t...
by Don
Sat Feb 12, 2022 7:51 pm
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 268
Views: 55519

Re: Yay PP!

Question. When someone requests to have themselves removed .... I know that removes any posts that they originate. However, I'm assuming that any replies that they made to someone else's original posts would still remain? Clive was actively deleting his own posts even before he thought of leaving (...