Search found 52 matches

by snedgar
Fri Feb 16, 2024 11:24 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3688
Views: 1539618

Re: The GOLD scream room

Congratulations, Smithers!
I'm very happy for you.
by snedgar
Wed Feb 07, 2024 6:18 pm
Forum: Gold
Topic: Gold Avenue (an overseas storage option in Switzerland)
Replies: 19
Views: 713

Re: Gold Avenue (an overseas storage option in Switzerland)

Mr. Pooh,

No need to apologize. We all benefit from open conversation about this learning process.

Thanks
by snedgar
Tue Dec 05, 2023 2:53 pm
Forum: Gold
Topic: APMEX
Replies: 11
Views: 10188

Re: APMEX

I have had 100% positive experience using California Numismatic Investments (aka golddealer.com) for many years / transactions.
by snedgar
Thu Oct 12, 2023 7:25 pm
Forum: Permanent Portfolio Discussion
Topic: tax-loss harvesting question
Replies: 16
Views: 15016

Re: tax-loss harvesting question

Wow, Sophie!

Thank you for that thought and explanation.

It's brilliant and I had never thought of it that way previously.
by snedgar
Wed Sep 20, 2023 12:18 pm
Forum: Bonds
Topic: TBonds saved me in 2008. Now, not sure what to do now.
Replies: 9
Views: 35683

Re: TBonds saved me in 2008. Now, not sure what to do now.

Hey RL, I think you are expressing what a lot of us think sometimes. Since you asked, here's my advice: Stick with your investment plan. If you're becoming disenamored with it, then research to find another one and convince yourself that it's really better than your current plan. Once you are convin...
by snedgar
Mon Aug 07, 2023 12:49 pm
Forum: Bonds
Topic: What happens to I-bonds if rates plummet again
Replies: 46
Views: 31108

Re: What happens to I-bonds if rates plummet again

Thanks, Barrett. That's my situation, exactly. This all makes perfect sense to me. I'm all-in and have been for many years. The challenge is that as I watch my seniors getting up in age, it is apparent that our investment plan needs to be simple enough to hand off with confidence. And to Vinny's poi...
by snedgar
Sun Aug 06, 2023 2:42 pm
Forum: Bonds
Topic: What happens to I-bonds if rates plummet again
Replies: 46
Views: 31108

Re: What happens to I-bonds if rates plummet again

Thank you, Sophie.

I highly value your input.
by snedgar
Wed Aug 02, 2023 9:51 am
Forum: Bonds
Topic: What happens to I-bonds if rates plummet again
Replies: 46
Views: 31108

Re: What happens to I-bonds if rates plummet again

This is what I thought as well, and was exactly what I was doing. However, after hearing multiple horror stories of executors struggling to unwind estates, I am working to streamline my investments. One of the elements to be simplified is to liquidate both my and my wife's TD accounts and just move ...
by snedgar
Wed Jun 21, 2023 12:46 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 336834

Re: Golden Butterfly Portfolio

I'm not questioning it, but I can't quite understand how you get +/- 6% by scaling from the HBPP +/-10% bands.

Can somebody (gently) explain the maths?
by snedgar
Tue Jun 20, 2023 1:24 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 336834

Re: Golden Butterfly Portfolio

I have never found anything canonical, but have just scaled from the PP.

In other words, I rebalance at +/- 8% = +/-10% (from PP) * (20% allocations / 25% allocations)

Still hit that pretty infrequently.
by snedgar
Fri Jun 02, 2023 4:43 pm
Forum: Other Discussions
Topic: Tyler interviewed!
Replies: 22
Views: 3778

Re: Tyler interviewed!

You made me smile as you listed off the first three books on my financial shelf: Fail-Safe Investing, Work Less, Live More and Your Money or Your Life.

I bet there are a lot of copies of those books in the homes of members of this board!
by snedgar
Thu May 25, 2023 8:11 am
Forum: Other Discussions
Topic: Past performance is no guarantee of future results
Replies: 9
Views: 2317

Re: Past performance is no guarantee of future results

Hi Barrett,

It's possible that this is something different than what you are referencing, but I recently discovered and have been using the planner calculator at this site: https://i-orp.com/Plans/extended.html

I have found it to be very helpful.
by snedgar
Mon May 08, 2023 2:35 pm
Forum: Permanent Portfolio Discussion
Topic: Portfolio Eintstein?
Replies: 16
Views: 7643

Re: Portfolio Eintstein?

Smells like it.
by snedgar
Mon Apr 17, 2023 5:09 pm
Forum: Cash
Topic: I-bonds from tax refund
Replies: 37
Views: 8062

Re: I-bonds from tax refund

Hey Vinny, I feel your pain on this. That tax software can be quite a challenge if you want to do something that isn't what the programmers expected. I know it's too late for you this year, but just to give you an alternate data point, I use turbotax and have bought savings bonds with my refund with...
by snedgar
Sat Mar 25, 2023 9:07 pm
Forum: Variable Portfolio Discussion
Topic: in depth review of golden butterfly
Replies: 21
Views: 9095

Re: in depth review of golden butterfly

The article seems cluncky and uninspired to me.

I wonder if it was written by AI?
by snedgar
Thu Mar 09, 2023 11:46 am
Forum: Other Discussions
Topic: Simon Baron-Cohen’s Autism test
Replies: 16
Views: 3560

Re: Simon Baron-Cohen’s Autism test

Y'all crack me up. :o
by snedgar
Thu Mar 02, 2023 12:38 pm
Forum: Stocks
Topic: When will indexing blow up?
Replies: 30
Views: 25046

Re: When will indexing blow up?

Understood. But, there has to be a market share inflection point, when the index funds have no underlying price discovery and things go crazy. I agree that, in principle, your assertion does make sense, Shrugged. One metric that I would take really seriously to indicate that such a think is happeni...
by snedgar
Thu Mar 02, 2023 12:07 pm
Forum: Stocks
Topic: When will indexing blow up?
Replies: 30
Views: 25046

Re: When will indexing blow up?

There is an inference that holding an S&P 500 index fund is more volatile than holding an actively traded fund but the author provides no data to back this up, whatsoever. The author addresses volatility of an S&P 500 index fund as though it is the only asset held in a portfolio and says it's really...
by snedgar
Wed Feb 08, 2023 8:53 am
Forum: Politics
Topic: The Dems Set Some of the Darnedest Precedents
Replies: 44
Views: 6683

Re: The Dems Set Some of the Darnedest Precedents

Thanks, Vinny. I like your challenge.
10.
(My son does have Autism, though.)
by snedgar
Tue Jan 31, 2023 8:03 am
Forum: Other Discussions
Topic: ChatGPT and what it means for our future
Replies: 135
Views: 31580

Re: ChatGPT and what it means for our future

You guys crack me up.
by snedgar
Tue Jan 24, 2023 9:19 am
Forum: Other Discussions
Topic: New Ideas about Sleep
Replies: 15
Views: 1548

Re: New Ideas about Sleep

I think it's intended as satire...
by snedgar
Sat Dec 24, 2022 9:11 am
Forum: Gold
Topic: Liquidate Some Roth Space to Buy Physical Gold?
Replies: 18
Views: 5290

Re: Liquidate Some Roth Space to Buy Physical Gold?

One other option that I forgot to mention is that Fidelity offers segregated allocated storage of Gold Eagles within both Roth and Traditional IRAs. While it is not as efficient, we also use that as a tool to hold physical while not having to withdrawl from the IRAs. As @flyingpylon mentions, earlie...
by snedgar
Fri Dec 23, 2022 9:02 pm
Forum: Gold
Topic: Liquidate Some Roth Space to Buy Physical Gold?
Replies: 18
Views: 5290

Re: Liquidate Some Roth Space to Buy Physical Gold?

Hey Stuper1, I think it's a pretty common situation that many of us have: being heavy on the tax advantaged accounts and light on after-tax funds. On the other hand, funds in a Roth IRA are highly valuable. When I found myself in a similar situation to yours, I took a middle path. That is, I still c...
by snedgar
Tue Nov 29, 2022 8:30 am
Forum: Gold
Topic: Time to buy more physical gold
Replies: 24
Views: 2832

Re: Time to buy more physical gold

I've had multiple good experiences with California Numismatic Investments (golddealer.com). I have a great deal of trust in them. Conversely, I have had two experiences with JMBullion where they made annoying sloppy mistakes on orders and their customer service in making correction was unsatisfying....
by snedgar
Wed Jul 20, 2022 9:41 am
Forum: Other Discussions
Topic: Critique Financial Planner's Plan
Replies: 51
Views: 4982

Re: Critique Financial Planner's Plan

As my wife and I are closing in on retirement, I went to see a fee-only financial planner for a sanity check. I told him I was confident in our situation and plan but I wanted him to give it a sanity check and poke holes in it where he could. We met virtually a couple times so he could understand o...