Search found 12 matches

by snedgar
Mon Apr 05, 2021 10:31 pm
Forum: Permanent Portfolio Discussion
Topic: Drawdown phase of a PP in retirement
Replies: 49
Views: 1302

Re: Drawdown phase of a PP in retirement

Thanks, Mathjack.

That sounds like a more elegant approach, and I really like the concept of separating your living expenses from such close linkage to the PP.

Have you been doing approach for long?

Any significant issues to watch out for?

Thanks,
by snedgar
Mon Apr 05, 2021 3:37 pm
Forum: Permanent Portfolio Discussion
Topic: Drawdown phase of a PP in retirement
Replies: 49
Views: 1302

Re: Drawdown phase of a PP in retirement

I have not actually done it in practice yet, but that is my plan, as well. Just using the cash until hitting a band and then rebalancing. It should work just as in the accumulations phase, as in nice and smooth. I think I even read this in one of the HB books, maybe "Failsafe Investing," but I can't...
by snedgar
Tue Mar 09, 2021 5:46 pm
Forum: Other Discussions
Topic: How do YOU make a martini?
Replies: 28
Views: 1045

Re: How do YOU make a martini?

Hold my chilled martini glass in one hand
Think really hard about dry vermouth
Bombay Sapphire swirled over ice in the other hand
Strain into glass
Enjoy with my medium rare rib eye steak
by snedgar
Wed Aug 12, 2020 9:27 am
Forum: Other Discussions
Topic: How to choose a 529 savings plan
Replies: 30
Views: 1944

Re: How to choose a 529 savings plan

Another angle that's easily overlooked is to not "oversave" in a 529 account. For example, what happens if you sacrifice and save the full projected cost of a private college, but your child ends up barely graduating high school and wants nothing to do with post-secondary education? Maybe a good app...
by snedgar
Tue Aug 04, 2020 2:29 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3009
Views: 769882

Re: The GOLD scream room

This happened in 2008-2009, the last time the FED pumped in piles of free money...
by snedgar
Sun Jun 14, 2020 10:23 am
Forum: Other Discussions
Topic: Hobbies
Replies: 32
Views: 16611

Re: Hobbies

Mountain climbing (when I can get out with partners again)

And since Covid, I've taken up drinking and learning to play poker >:D
by snedgar
Fri Jun 12, 2020 6:59 pm
Forum: Bonds
Topic: FED Yield Curve Control
Replies: 7
Views: 1786

FED Yield Curve Control

I read today that the FOMC is considering implementing front-end yield curve control (YCC) to force/maintain low rates on bonds of longer maturities. https://www.brookings.edu/blog/up-front/2020/06/05/what-is-yield-curve-control/ I can't fathom that this would be without unintended consequences. Am ...
by snedgar
Mon Jun 08, 2020 11:42 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 521
Views: 154675

Re: Golden Butterfly Portfolio

sophie wrote:
Sat Jun 06, 2020 3:02 pm
... eventually I realized I was simply letting not so smart people parrot their latest stupid ideas into my head. Don't let that happen! ...
There is so much wisdom here but this is the best quote of the week!

You guys rock!
by snedgar
Thu May 21, 2020 3:49 pm
Forum: Other Discussions
Topic: Dealing With Setbacks in Life
Replies: 84
Views: 12072

Re: Dealing With Setbacks in Life

Congratulations on getting your license back!

I'm mostly a reader (lurker?) here but can say we've been blessed by the bonus energy that you have invested here while not being able to drive. I hope you don't get too busy to spend time here with us.
by snedgar
Wed May 20, 2020 5:07 pm
Forum: Permanent Portfolio Discussion
Topic: Is your pp passing the coronavirus test?
Replies: 34
Views: 5451

Re: Is your pp passing the coronavirus test?

The rules are The Magic!

When I hit a re-balance band i just smile and collect my "re-balancing premium."
by snedgar
Sun May 17, 2020 2:03 pm
Forum: Permanent Portfolio Discussion
Topic: Is your pp passing the coronavirus test?
Replies: 34
Views: 5451

Re: Is your pp passing the coronavirus test?

The best part is that my wife now thinks I'm brilliant because we made money when everyone was freaking out about the crashing economy >:D
by snedgar
Fri Sep 20, 2019 2:07 pm
Forum: Permanent Portfolio Discussion
Topic: Finding an Account Manager for PP
Replies: 15
Views: 3843

Finding an Account Manager for PP

I originally learned about Harry Brown and the PP in 1987 and went all-in in 2007. Along the way, "Failsafe Investing", "The Permanent Portfolio", and of course this message board have been very helpful. At this point, I'm considering how my PP will be managed as I age and lose ability or as my wife...