Search found 93 matches

by europeanwizard
Fri Jul 12, 2019 1:10 am
Forum: Permanent Portfolio Discussion
Topic: my global PP plan, your opinion please
Replies: 3
Views: 331

Re: my global PP plan, your opinion please

I think it's a pretty good portfolio, I've got something almost similar myself but I haven't gone global on the bonds part yet. Meb Faber has said a few short words about the global permanent portfolio in past episodes, something to the tune of very low volatility, hasn't done better than the US PP,...
by europeanwizard
Wed Jul 10, 2019 2:06 pm
Forum: Permanent Portfolio Discussion
Topic: Any PP Defectors Here?
Replies: 19
Views: 687

Re: Any PP Defectors Here?

But what is the alternative then?
by europeanwizard
Fri Jun 28, 2019 1:55 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 33
Views: 1402

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Nice work recreating that portfolio!

Schiff has a nice YouTube channel and podcast. He has zero faith in the political and monetary situation of the US, that's why he's called a permabear. One day he'll be right, but then we could all be dead.
by europeanwizard
Mon Jun 24, 2019 12:32 am
Forum: Permanent Portfolio Discussion
Topic: 3 years of PP returns
Replies: 25
Views: 2020

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 . Please keep posting. I very much appreciate your critical view.
by europeanwizard
Mon Jun 24, 2019 12:27 am
Forum: Permanent Portfolio Discussion
Topic: Forget the numbers: why I know the PP is right for me
Replies: 7
Views: 623

Re: Forget the numbers: why I know the PP is right for me

Oh yeah, this is a big one for me. I've seen my dad go in and out of stocks, because he started to feel unhappy about his investment. Later he'd say "it was the right time", and he'd buy back into the market without any particular strategy. The buffer of cash makes me feel secure. I know that any lo...
by europeanwizard
Sun Jun 23, 2019 12:58 am
Forum: Permanent Portfolio Discussion
Topic: EU PP 2016-2019
Replies: 7
Views: 336

Re: EU PP 2016-2019

Thanks for reporting back. Very interesting. Since starting, I had severe doubts about the PP in this European environment but it looks like you've done pretty okay. This year also looks to be good, with how gold is doing.
by europeanwizard
Fri Jun 07, 2019 3:16 am
Forum: Permanent Portfolio Discussion
Topic: Yearly balancing or 15/35?
Replies: 13
Views: 974

Re: Yearly balancing or 15/35?

You check once a year. And only rebalance when the boundaries were hit.
by europeanwizard
Tue May 07, 2019 3:01 pm
Forum: Other Discussions
Topic: Puri.sm
Replies: 2
Views: 250

Re: Puri.sm

I really like them. Very privacy-friendly, no communication with the mothership or external parties. Due to work, I'm using a Mac but this would definitely be my next choice.
by europeanwizard
Sun Apr 28, 2019 1:55 pm
Forum: Other Discussions
Topic: Wonder how the PP acts in this scenario....
Replies: 13
Views: 862

Re: Wonder how the PP acts in this scenario....

76 minutes? I would need an executive summary. :) I think it's too long as well, however -- in the first couple of minutes, he refers to a debate he had with Christopher Joye: https://www.youtube.com/watch?v=nQuKMsmVq5c It's about 25 minutes long and very fast paced. What I like, is that both sides...
by europeanwizard
Sat Apr 27, 2019 1:42 am
Forum: Bonds
Topic: TLT Study - Inverting History
Replies: 28
Views: 1785

Re: TLT Study - Inverting History

Interesting... so even if interest rates would rise, we won't get the same performance from bonds -- due to the drag inherent in bonds. Anyway, to counteract this, they say they do the following: We take a different approach. Our portfolios are designed by “currentizing” historical bond returns. Thi...
by europeanwizard
Sun Apr 21, 2019 12:24 am
Forum: Other Discussions
Topic: The left should resist the siren song of ‘modern monetary theory’
Replies: 5
Views: 380

Re: The left should resist the siren song of ‘modern monetary theory’

When I read this stuff, I'm so glad a decent portion of my portfolio is gold.
by europeanwizard
Thu Apr 11, 2019 7:53 am
Forum: Other Discussions
Topic: BOA - $20 an hour
Replies: 19
Views: 900

Re: BOA - $20 an hour

Some weeks back, Peter Schiff analyzed this in a podcast. He figured that this benefits the big boys, because they have enough money for robotization/automation. They either replace workers, or augment them, such that they can do with a smaller workforce. Smaller companies can only downsize when the...