Search found 831 matches
- Mon Aug 05, 2024 9:31 pm
- Forum: Permanent Portfolio Discussion
- Topic: New interview with Craig Rowland
- Replies: 74
- Views: 68450
Re: New interview with Craig Rowland
I wonder what it would take for Craig to accept Bitcoin as a potential PP component? Not to put words in his mouth, but he had expressed concern about how the governments can outlaw it if they want, or at least try to. It would seem that it would take a lot for it to become a real pp asset, then. T...
- Sun Jun 16, 2024 1:40 pm
- Forum: Politics
- Topic: Grilling Fauci
- Replies: 51
- Views: 33930
Re: Grilling Fauci
https://www.latimes.com/business/story/2024-06-04/anatomy-of-a-smear-fauci-faces-the-house-gops-clown-show-about-covid Column: Anatomy of a smear — Fauci faces the House GOP’s clown show about COVID Here’s what we know about Dr. Anthony S. Fauci: As a staff member at the National Institutes of Heal...
- Thu Jan 25, 2024 5:00 pm
- Forum: Politics
- Topic: I know who I will be voting for President!
- Replies: 9
- Views: 5444
Re: I know who I will be voting for President!
I know who I will be voting for President. Dean Phillips is so far beyond any present (or recently dropped out) presidential candidate. I cannot believe that someone of his quality is actually running. The two major parties should be ashamed of themselves for each having frontrunners so unworthy of...
- Mon Dec 11, 2023 4:29 pm
- Forum: Politics
- Topic: The Red State Brain Drain Isn’t Coming. It’s Happening Right Now.
- Replies: 62
- Views: 384308
Re: The Red State Brain Drain Isn’t Coming. It’s Happening Right Now.
One thing about Texas... most of the knowledge workers are NOT from Texas, even in the oilpatch. The modern Oil & Gas industry is very high tech. At least half of us immigrated to Texas for money and jobs. Texas does a pretty bad job of educating its native sons and daughters when you get right...
- Sun Sep 17, 2023 7:20 pm
- Forum: Gold
- Topic: I Thought Gold Would Fare Better in 2022-23
- Replies: 63
- Views: 132236
Re: I Thought Gold Would Fare Better in 2022-23
https://www.usfunds.com/resource/centra ... r-in-2023/
This is after record purchases in 2022. Are there any reasons to explain these purchases besides them knowing something we don’t know?
This is after record purchases in 2022. Are there any reasons to explain these purchases besides them knowing something we don’t know?
- Sun Sep 17, 2023 7:07 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP Mistakes
- Replies: 43
- Views: 126928
Re: PP Mistakes
I have no regrets going all in on the PP in late 2010 and sticking with it since then. It has had a modest CAGR of 5.0% over that 13-year period, with a max negative return of -11.9% in 2022. It has allowed me to mostly shrug off market turmoil and sleep soundly as I focus on working and accumulati...
- Fri Jul 07, 2023 1:50 pm
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 102152
Re: I'M OUT!
Switching gears, surely if one believes American exceptionalism is coming to an end there are any number of portfolios one could choose to hedge against it. Holding only globally-diversified stocks, market cap weighted (e.g. a blend of 60:40 VTI:VEU or simple the all-world ETF VT) plus an appropria...
- Fri Jul 07, 2023 1:39 pm
- Forum: Politics
- Topic: Which is worse?
- Replies: 18
- Views: 33518
Re: Which is worse?
2. What did Disney have to gain by doing this? They are probably not going to gain any new customers with their stance but almost certain to lose some. Therefore, they should be admired for taking a stand, something that almost all other businesses / corporations will never do. I can well understan...
- Fri Jul 07, 2023 12:46 pm
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 102152
Re: I'M OUT!
Switching gears, surely if one believes American exceptionalism is coming to an end there are any number of portfolios one could choose to hedge against it. Holding only globally-diversified stocks, market cap weighted (e.g. a blend of 60:40 VTI:VEU or simple the all-world ETF VT) plus an appropria...
- Sun Jun 04, 2023 9:34 pm
- Forum: Gold
- Topic: Buy gold now?
- Replies: 13
- Views: 19538
Re: Buy gold now?
To keep with the baseball theme, Oscar Gamble would say People don’t think gold be like it is. But it do.
Ron Washington would say That’s the way gold go.
Ron Washington would say That’s the way gold go.
- Sun Jun 04, 2023 9:28 pm
- Forum: Cash
- Topic: Treasury Bills Offer Stock-Like 5% to Take Fed, Debt-Limit Risk
- Replies: 39
- Views: 42694
Re: Treasury Bills Offer Stock-Like 5% to Take Fed, Debt-Limit Risk
https://www.msn.com/en-us/money/markets/spending-shocker-cbo-s-latest-debt-projection-should-stun-even-washington/ar-AA17Y9Xl FOX News Spending shocker: CBO's latest debt projection should stun even Washington Story by Chad Pergram • Yesterday 9:35 PM The most staggering thing about a recent report...
- Thu May 25, 2023 8:44 pm
- Forum: Bonds
- Topic: The debt celing soap opera explained so simply that even a member of Congress can understand it
- Replies: 19
- Views: 20694
Re: The debt celing soap opera explained so simply that even a member of Congress can understand it
Government needs to be shrunk/obstructed/gridlocked by any means necessary. If thats not what "republicans" are doing here, then its bad. Why? If you look at places with larger governments vs places with high HDI it seems that there is a correlation. This doesn't mean that having bigger g...
- Sun May 07, 2023 7:57 am
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 102152
Re: I'M OUT!
I don’t use the PP any longer but I still listen to podcasts like the ones from Resolve Asset Management who specialize in Risk Parity portfolios. They have convinced me that if you are going to do such a portfolio then you need a lot more diversification than the PP gives you. You definitely need ...
- Sat May 06, 2023 7:42 pm
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 102152
Re: I'M OUT!
I don’t use the PP any longer but I still listen to podcasts like the ones from Resolve Asset Management who specialize in Risk Parity portfolios. They have convinced me that if you are going to do such a portfolio then you need a lot more diversification than the PP gives you. You definitely need m...
- Sat May 06, 2023 6:21 pm
- Forum: Permanent Portfolio Discussion
- Topic: I'M OUT!
- Replies: 64
- Views: 102152
Re: I'M OUT!
I'm really sorry, you guys. I'm just feel incredibly defeated about what's happening, and last night it was really getting to me. It's the long bonds that are the real nut-buster. They're down over 30 percent, and even after reading Tyler's piece, I still don't see a plausible path to recovery. And...
- Thu Mar 16, 2023 9:00 am
- Forum: Politics
- Topic: Jan 6 footage on Tucker
- Replies: 35
- Views: 57870
Re: Jan 6 footage on Tucker
Sorry, Vinny, I may have been unclear. I'm not asking for your opinion of Naomi Wolf. What is your opinion of what she is saying here? He didn't have an opinion on Naomi Wolf. Wikipedia did. It is my perception that Vinny has no opinion on anything and no ability to critically think on his own, onl...
- Wed Mar 15, 2023 5:05 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 62645
Re: Socialism - Should we be worried
I heard an adage years ago that a Republican was just a Democrat that had not been robbed yet.
- Wed Mar 15, 2023 11:58 am
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 542423
Re: Silicon Valley Bank Failure
Check the date on this:
- Wed Mar 15, 2023 11:54 am
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 542423
Re: Silicon Valley Bank Failure
I think you meant to write that dang Putin Price Hike.
- Tue Mar 14, 2023 8:11 pm
- Forum: Stocks
- Topic: Stock Picking in the PP
- Replies: 36
- Views: 42688
Re: Stock Picking in the PP
Here is what HB has to say on the topic. . . For the Permanent Portfolio, a stock-market investment should have these attributes: The Permanent Portfolio's stock-market investments, as a group, should reflect a broad spectrum of American enterprise; they shouldn't be tied to a signle industry or na...
- Tue Mar 14, 2023 6:44 pm
- Forum: Other Discussions
- Topic: Trying to Understand Wide Divergence in Quotes Between Platforms
- Replies: 2
- Views: 2928
Re: Trying to Understand Wide Divergence in Quotes Between Platforms
I'm hoping that someone can explain to me why, at any given time, the quotes on particular securities vary so dramatically between platforms. I have money at Fidelity and Ameritrade and use both of those platforms to monitor what's going on in the market. This morning, I was (once again) stunned by...
- Mon Mar 13, 2023 10:19 am
- Forum: Other Discussions
- Topic: The Meme Thread
- Replies: 345
- Views: 364179
- Sat Mar 11, 2023 10:29 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 62645
Re: Socialism - Should we be worried
Thank you, I see the distinction now. And I agree, to a point. The 1980s was a grand experiment in trickle down economics, and while the idea hasn't been totally discredited, I think there are differing opinions on whether enough trickled down such that society as a whole was lifted. I'm kind of gl...
- Thu Mar 09, 2023 5:01 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 62645
Re: Socialism - Should we be worried
What is income inequality? More fake news. Should a McD burger flipper make the same as a doctor, lawyer or engineer? Those professions required years of expensive schooling and lost wages during said schooling, not to mention hard work. You know who is underpaid? People who work dangerous jobs. No...
- Thu Mar 09, 2023 1:17 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 62645
Re: Socialism - Should we be worried
Timely news for this thread: https://www.yahoo.com/finance/news/10-ways-biden-is-pushing-to-increase-taxes-in-his-2024-budget-proposal-170009051.html In his budget, President Biden is renewing his long-standing calls for more taxes on Corporate America. Biden wants to raise the corporate income tax ...