Search found 22 matches

by johntaylor
Thu Apr 18, 2019 12:22 pm
Forum: Other Discussions
Topic: bud split
Replies: 11
Views: 54

Re: The GOLD scream room

thanks @Xan for making this decision. You took great caution and patience with Budd and it was fully clear this was what Budd wanted himself also. As a beginner in PP and GI I can confirm that the info on GI can be very confusing if you want to inform yourself about the basics of PP, but it also pus...
by johntaylor
Fri Feb 01, 2019 5:54 pm
Forum: Bonds
Topic: is dividend adjusted into the price of a bond or not ?
Replies: 7
Views: 670

Re: is dividend adjusted into the price of a bond or not ?

That's great, you shouldn't invest in anything you don't understand, checking the sorces and making your own calculation is part of the understanding process! Thanks, it encouraged me ;) I told you earlier I could reproduce your results for 2018, which was grosso modo true: your return 2018: 10.68%...
by johntaylor
Fri Jan 25, 2019 1:30 pm
Forum: Bonds
Topic: is dividend adjusted into the price of a bond or not ?
Replies: 7
Views: 670

Re: is dividend adjusted into the price of a bond or not ?

https://www.bundesbank.de/dynamic/action/en/statistics/time-series-databases/time-series-databases/745582/745582?tsId=BBK01.WZ3429&tsTab=0&listId=www_skms_it03b&id=0 With those yields I use the PRICE function to estimate the returns, which I've found quite consistent with market price changes on re...
by johntaylor
Thu Jan 24, 2019 9:25 pm
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 2782

Re: PP Europe (Germany)

Okay, so now I am quite confident I have calculated returns and cagr's for both etf bonds and LT german bonds in such a way that they can be compared. First the overall results in a table: https://i.imgur.com/sBCxxDx.png The year returns differ quite a bit between the different funds. This triggered...
by johntaylor
Thu Jan 24, 2019 7:20 pm
Forum: Bonds
Topic: is dividend adjusted into the price of a bond or not ?
Replies: 7
Views: 670

Re: is dividend adjusted into the price of a bond or not ?

Bond prices never include interest payments, therefore you have to consider them to calculate historical returns. However, you must consider also the price paid for the bond to calculate the real interest (dividend) received with the coupons: In your examples, if you bought the first bund (2048) on...
by johntaylor
Wed Jan 23, 2019 10:03 pm
Forum: Bonds
Topic: is dividend adjusted into the price of a bond or not ?
Replies: 7
Views: 670

is dividend adjusted into the price of a bond or not ?

I am still very uncertain about how to calculate returns of potential portfolio's. Last year I had my bonds in an etf and I could calculate return by just looking what my broker showed me on actual delivered prices and dividends. But now I consider switching to real LT german bonds I have to use dat...
by johntaylor
Wed Jan 23, 2019 4:28 pm
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 2782

Re: PP Europe (Germany)

That's the "current yield", what is usually used as "yield" is the "yield to maturity": https://www.investopedia.com/terms/y/yieldtomaturity.asp Thanks that helped. https://www.investopedia.com/thmb/r7r_KT8Q9LJSi0scT7h3hs5svz0=/618x0/filters:no_upscale():max_bytes(150000):strip_icc()/bp2-5bfd67e046...
by johntaylor
Tue Jan 22, 2019 4:05 pm
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 2782

Re: PP Europe (Germany)

During 2015 and 2016 the 30-year German bund yield went to 0.5% and even below. The current yield is 0.88% I presume what you call 'yield' is called 'rendite' at the bundesbank. I don't understand how this 'rendite' is exactly calculated, maybe someone can explain ? I understand it is different the...
by johntaylor
Sat Jan 19, 2019 5:41 pm
Forum: Permanent Portfolio Discussion
Topic: Yahoo Data Accuracy
Replies: 5
Views: 513

Re: Yahoo Data Accuracy

Kbg wrote:
Sat Jan 19, 2019 10:54 am
A good free source is Tiingo. There are some restrictions on their free data, but I imagine it would cover 99% of the folks here.
Thanks for the tip. Quick look into it gives me no hits on european funds. I guess there are more then (100-99=)1% european's around here.
by johntaylor
Fri Jan 18, 2019 3:50 pm
Forum: Permanent Portfolio Discussion
Topic: Yahoo Data Accuracy
Replies: 5
Views: 513

Re: Yahoo Data Accuracy

Last year I also used different data sources to calculate my different versions of portfolio. I really got completely confused by it. Digging into it the differences did not make any sense to me and asking questions about it did hardly deliver any answers: https://www.bogleheads.org/forum/viewtopic....
by johntaylor
Thu Jan 17, 2019 11:45 am
Forum: Permanent Portfolio Discussion
Topic: 2018 Results Post Here
Replies: 26
Views: 4695

Re: 2018 Results Post Here

European PP: -1.5% 35% cash: 0% 22% bond: 5.2% 22% gold: 0.6% 22% stock: -12.7% stock: msci Europe bond: 50% exx6 etf 50% e20y etf gold: 90% gold, 10% silver IE00BSKRJX20 E20Y etf DE000A0D8Q31 EXX6 etf NL0010436671 msci Europe It is my first year on a PP and I started it in the second week of 2018. ...
by johntaylor
Thu Jan 17, 2019 10:43 am
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 2782

Re: PP Europe (Germany)

Hello, I am still fiddling with the results of my first year EU portfolio. On bonds I had 50% exx6 (2018 return:6.1%) and 50% e20y (2018 return 4.2%). I compared the results with the returns for german LT bonds (2018 returns between 9-11%). I am rather puzzled over this big difference in the results...