Search found 300 matches

by jhogue
Fri May 24, 2019 4:53 pm
Forum: Permanent Portfolio Discussion
Topic: What have we learned over last 10 years?
Replies: 19
Views: 433

Re: What have we learned over last 10 years?

I would like to shift the focus of this thread and speculate on what the NEXT 10 years of the PP will bring: -I hold most of my gold in tax-deferred ETFs, and therefore not as much physical as I would like. Gold ETFs seem to have performed its uncorrelated role in these “normal” times, but they have...
by jhogue
Thu May 23, 2019 9:13 am
Forum: Cash
Topic: Ally Bank No Penalty CD
Replies: 14
Views: 3841

Re: Ally Bank No Penalty CD

See Craig Rowland's comments in Cash FAQ: "Q: Why a Treasury Money Market Fund and not something else with better yield? A: Because you are not looking to take risk with your cash. Treasury Money Market Funds that are properly run are one of the most liquid investments you can own. There are no FDIC...
by jhogue
Wed May 22, 2019 5:04 pm
Forum: Cash
Topic: Ally Bank No Penalty CD
Replies: 14
Views: 3841

Re: Ally Bank No Penalty CD

One thing is certain: Goldman Sachs will be "playing with your money."

That is who they are. That is what they do.
by jhogue
Wed May 22, 2019 1:38 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15116

Re: Will Trump be Re-elected?

I think that there are all kinds of problems lurking in emerging market index ETFs.

The overweighting of China is one problem, but there are others as well: In what sense are countries like South Korea (12.5% of EEM) or Hong Kong (1.06% of EEM) "emerging" markets?
by jhogue
Tue May 21, 2019 7:17 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15116

Re: Will Trump be Re-elected?

I detest China's present party-led corrupt police state, but Chinese officials do not see themselves as trying to displace the USA as global hegemon. Rather, they see themselves as trying to secure their rightful place in their region and the world. I keep reading the same, mostly in Foreign Affair...
by jhogue
Tue May 21, 2019 7:02 am
Forum: Variable Portfolio Discussion
Topic: Invest like Buffett?
Replies: 19
Views: 297

Re: Invest like Buffett?

boglerdude wrote:
Mon May 20, 2019 10:31 pm
Buffet's always had inside info starting with his father, a congressman. His companies sell unhealthy food (See's candy, coke, McDs) and he product places these in interviews. Not sure he's a God. But good on him for admitting taxes are too low
Don't forget Dairy Queen and Karmelkorn.
by jhogue
Mon May 20, 2019 5:11 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15116

Re: Will Trump be Re-elected?

The figure of 172.2% rise in real median household net worth from 1972 to present was cited in the op-ed in Saturday's Wall Street Journal (3/18/2019, p.A15) "The Myth of 'Wage Stagnation,'"authored by Phil Gramm and John Early, with link posted up thread from here. I did not double-check their figu...
by jhogue
Mon May 20, 2019 5:04 pm
Forum: Cash
Topic: Ally Bank No Penalty CD
Replies: 14
Views: 3841

Re: Ally Bank No Penalty CD

A 1 year T-bill at Fidelity brokerage was 2.34% today. A 6 month T bill was 2.39%. Minimum purchase of $1,000. T-bills are also free of state and local taxes. CDs are not.
by jhogue
Mon May 20, 2019 2:51 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15116

Re: Will Trump be Re-elected?

1. War between great powers is not inevitable. The USA surpassed the UK in GNP in the 1880s, becoming the world's leading economic power, but the two have never fought a war against one another since then. Since then, the USA/UK relationship has been characterized by cooperation rather than conflict...
by jhogue
Mon May 20, 2019 10:31 am
Forum: Gold
Topic: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880
Replies: 22
Views: 520

Re: The French Crime of 1873: An Essay on the Emergence of the International Gold Standard, 1870–1880

I still don't understand why we have not had massive inflation. My inability to explain the effect of multiple rounds of QE and enormous deficits has a lot to do with why I embraced Harry Browne's market agnosticism. We have had massive inflation, but it was in the prices of housing, medical care, ...
by jhogue
Mon May 20, 2019 7:17 am
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 278
Views: 15116

Re: Will Trump be Re-elected?

No doubt former US senator Phil Gramm has a partisan axe to grind, but he has some impressive company. I seem to recall that Alan Greenspan also favored a re-calibration of the BLS indices a number of years ago. If I am not mistaken, he suggested that the current indices overstated inflation and wou...
by jhogue
Mon May 20, 2019 6:51 am
Forum: Permanent Portfolio Discussion
Topic: Question about 401k plan allocations in the PP
Replies: 8
Views: 188

Re: Question about 401k plan allocations in the PP

Be sure to ask your employer and your 401k provider if they can add a brokerage window to your plan. I found that to be the quickest way to convert my pre-existing asset allocation to an orthodox HBPP. In fact, until I asked, I did not know that my plan already provided for a brokerage window.