Search found 410 matches

by ppnewbie
Tue Jan 18, 2022 12:27 pm
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

It is a bet on lower inflation and rates not necessarily low prosperity… all assets can move up in prosperity. Rising rates and moderate inflation are its Achilles heel You yourself has said that NOTHING is doing well at the moment. So maybe this is the Achilles heel of all investment portfolios? I...
by ppnewbie
Tue Jan 18, 2022 12:19 pm
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

It is a bet on lower inflation and rates not necessarily low prosperity… all assets can move up in prosperity. Rising rates and moderate inflation are its Achilles heel You yourself has said that NOTHING is doing well at the moment. So maybe this is the Achilles heel of all investment portfolios? I...
by ppnewbie
Tue Jan 18, 2022 11:35 am
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

It is a bet on lower inflation and rates not necessarily low prosperity… all assets can move up in prosperity. Rising rates and moderate inflation are its Achilles heel You yourself has said that NOTHING is doing well at the moment. So maybe this is the Achilles heel of all investment portfolios? I...
by ppnewbie
Sun Jan 16, 2022 10:21 pm
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 38
Views: 3198

Re: Did Bitcoin Kill Gold’s Monetary Utility?

Bitcoins being stored in a public encrypted ledger is nice/simple/low-cost for storage, however a 32 character key being the proof of ownership is a major concern from my perspective, especially as any thief doesn't need local access, can steal from a distance from anywhere in the world. Feels some...
by ppnewbie
Sun Jan 16, 2022 12:39 am
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

Not sure if anyone else has experience with the PP without the benefit of rebalancing. Without it, I'm not sure the PP works. It may be a way to hedge severe downturns but not a way to generate a return. Also, for me I kept it out of my taxable account in order to avoid the major issue of taxes duri...
by ppnewbie
Sat Jan 15, 2022 6:40 pm
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

I’m confused here. What is your exact allocation (percentages) , when did you get in to the PP, how many times have you rebalanced, how many times have you added more money into the PP. Also gold is up fifty percent in three years. IMHO: If your young and have a long runway of earnings you should co...
by ppnewbie
Sat Jan 15, 2022 3:33 am
Forum: Gold
Topic: Did Bitcoin Kill Gold’s Monetary Utility?
Replies: 38
Views: 3198

Re: Did Bitcoin Kill Gold’s Monetary Utility?

Heard an interesting research company that said Bitcoin currently acts as a risk on asset and gold is basically the gold standard of risk off assets. The entities that print the worlds currencies hold it and it has been designated a tier one asset. So for now I think the two assets are different.
by ppnewbie
Fri Jan 14, 2022 10:27 am
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 106
Views: 2989

Re: Yay PP!

by ppnewbie
Mon Jan 10, 2022 11:54 am
Forum: Stocks
Topic: Other Peoples Money and High Frequency Bots
Replies: 0
Views: 173

Other Peoples Money and High Frequency Bots

I was wondering what percentage of the market is actual investing in companies vs leveraged algorithms? I think it's like 90% Algos. Also how much borrowed money are they using and how does that correspond to the performance of the market. And how much of the market is leveraged stock buy backs. htt...
by ppnewbie
Mon Jan 10, 2022 11:17 am
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 88
Views: 2340

Re: The PP, marginal utility, and investment "faith"

Was looking at VBR the other day (and just now based on the article). Is it still considered cheap, with it's 100% run up in a year and a half. Asking because I'm looking to move my Tech GB to the actual GB.
by ppnewbie
Mon Jan 10, 2022 10:13 am
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 22
Views: 494

Re: Berkshire Hathaway

Good luck trying to determine what expensive means …..if I went by expensive , I would have been out of just about every investment decades ago … It actually doesn’t matter what you pay to the extent that more money is made buying high and selling higher than any other mantra . No mantra like buy l...
by ppnewbie
Sun Jan 09, 2022 10:40 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 22
Views: 494

Re: Berkshire Hathaway

No , I don’t buy stock .. I buy broad based funds ..berkshire is like a fund unto itself and incorporates many company’s …it just has been a rather lagging fund for dedcades. When you own Berkshire you are buying a mini fund with about 48 companies in it. That is more than the dow holds. Which is w...
by ppnewbie
Sun Jan 09, 2022 10:35 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 22
Views: 494

Re: Berkshire Hathaway

I try to not to worry too much about the stock price. If the underlying value of the stock continues to give me exactly what it gave me the day I purchased it (and I was happy with that number). I am OK with the stock not ever moving or even going down (I may buy more). As long as it keep earning th...
by ppnewbie
Sun Jan 09, 2022 10:20 pm
Forum: Other Discussions
Topic: Still Here... By The Skin Of My Teeth
Replies: 124
Views: 6415

Re: Still Here... By The Skin Of My Teeth

Smithy,

Just saw this thread. We are all with you. Happy your here.
by ppnewbie
Sun Jan 09, 2022 9:18 pm
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 88
Views: 2340

Re: The PP, marginal utility, and investment "faith"

One thing I was thinking about the PP that made me nervous was the gyroscopic effect could be slowing down if everything is expensive.

Cash - expensive - big negative real yield
Stocks - 40 CAPE
LTT - expensive - negative real yield
Gold - the only thing that may not be expensive.
by ppnewbie
Sun Jan 09, 2022 12:39 am
Forum: Bonds
Topic: Math for LTT purchase.
Replies: 14
Views: 578

Re: Math for LTT purchase.

So, HB says when buying similar duration bonds on the secondary market that you should counter-intuitively buy the bond with the lower coupon because it's more volatile & you will get the difference back in Capital Gains. Additionally, the Bond, if held in a taxable acct., will cause a lessor tax i...
by ppnewbie
Fri Jan 07, 2022 1:26 pm
Forum: Variable Portfolio Discussion
Topic: Some concerns about crypto (In General)
Replies: 19
Views: 659

Re: Some concerns about crypto (In General)

I heard an interesting perspective on crypto today. Most of the currency used in the 2 Trillion dollar crypto is is Tether not USD, which is about 40 or 50 billion dollars. So the real price of Bitcoin could actually be in Tether. Also I heard there could be a high volume of fake trading to bid up t...
by ppnewbie
Wed Jan 05, 2022 12:26 pm
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 88
Views: 2340

Re: The PP, marginal utility, and investment "faith"

I have never purchased Mutual funds so I cannot comment on the tax implications (which could be significant). But Wellesley plus gold could be a solid solution. Moving larger sums into a GB is a little easier mentally vs the PP. Also, LTT's still have a lot of room to spike during a crash.
by ppnewbie
Wed Jan 05, 2022 12:07 pm
Forum: Bonds
Topic: Math for LTT purchase.
Replies: 14
Views: 578

Re: Math for LTT purchase.

@seajay - thanks for the calculator.
by ppnewbie
Tue Jan 04, 2022 9:01 pm
Forum: Bonds
Topic: Math for LTT purchase.
Replies: 14
Views: 578

Re: Math for LTT purchase.

For me that recent purchase was on the secondary market.
by ppnewbie
Tue Jan 04, 2022 6:10 pm
Forum: Cash
Topic: Highest I bond rate ever: 7.12%
Replies: 35
Views: 3771

Re: Highest I bond rate ever: 7.12%

Loaded up again in 2022.
by ppnewbie
Tue Jan 04, 2022 6:08 pm
Forum: Gold
Topic: monetary-metals.com
Replies: 4
Views: 133

Re: monetary-metals.com

The lessee is insured and monetary metals is also insured.
by ppnewbie
Tue Jan 04, 2022 4:45 pm
Forum: Gold
Topic: monetary-metals.com
Replies: 4
Views: 133

Re: monetary-metals.com

https://monetary-metals.com/faq/ "What kind of businesses? Jewelers, mints, precious metals dealers, refiners, recyclers, mining companies. Basically any company that has physical gold or silver as inventory or work-in-progress. They happily pay a fee to lease the gold & silver inventory required in...
by ppnewbie
Tue Jan 04, 2022 12:13 pm
Forum: Gold
Topic: monetary-metals.com
Replies: 4
Views: 133

monetary-metals.com

Has anyone put money (actually gold) into this company? I have listened to this company's founder on repeated podcast and like him (Keith Weiner) and his message. I get the same feeling when I listen to him that I do when I listen to Paul Belanger, Belangp. This company has an interesting niche. The...
by ppnewbie
Tue Jan 04, 2022 11:57 am
Forum: Permanent Portfolio Discussion
Topic: 2021 PP Returns
Replies: 30
Views: 987

Re: 2021 PP Returns

Im up 12 percent but I have a tech heavy GB. About a third of the stock portion is in a tech mutual fund.