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,
Search found 12 matches
- Mon Apr 05, 2021 10:31 pm
- Forum: Permanent Portfolio Discussion
- Topic: Drawdown phase of a PP in retirement
- Replies: 49
- Views: 1302
- 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...
- 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
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
- 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...
- 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...
- 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
And since Covid, I've taken up drinking and learning to play poker

- 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 ...
- Mon Jun 08, 2020 11:42 am
- Forum: Variable Portfolio Discussion
- Topic: Golden Butterfly Portfolio
- Replies: 521
- Views: 154675
- 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.
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.
- 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."
When I hit a re-balance band i just smile and collect my "re-balancing premium."
- 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 

- 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...