Search found 33 matches

by snedgar
Tue Jan 31, 2023 8:03 am
Forum: Other Discussions
Topic: ChatGPT and what it means for our future
Replies: 84
Views: 1709

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: 331

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: 739

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: 739

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: 1153

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: 2690

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...
by snedgar
Tue Jul 19, 2022 9:43 am
Forum: Other Discussions
Topic: Critique Financial Planner's Plan
Replies: 51
Views: 2690

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 ou...
by snedgar
Tue Jul 12, 2022 12:29 pm
Forum: Other Discussions
Topic: Critique Financial Planner's Plan
Replies: 51
Views: 2690

Re: Critique Financial Planner's Plan

Hey Mr. Smith. It sounds like that was an interesting meeting. Those are pretty drastic recommendations. Just a few questions for your consideration: o How does the "financial planner" make his money? o Do I remember correctly that you live in B.C.? o Do you want to be a landlord? If so, why do you ...
by snedgar
Fri Jun 10, 2022 4:41 pm
Forum: Variable Portfolio Discussion
Topic: Covered calls and Cash secured puts in TLT, GLD and SLV
Replies: 75
Views: 8698

Re: Covered calls and Cash secured puts in TLT, GLD and SLV

I lurk but don't post much, but allin for PP/GB since 2008. I'm not dogmatic but just can't find anything better for my needs. I suspect there are a lot of us here. BTW, I've been following your posts/thought processes as you wrestle with portfolio/investment strategy. My advice would be to not jump...
by snedgar
Wed Apr 27, 2022 11:10 am
Forum: Other Discussions
Topic: Daily "Check In" Thread For Us
Replies: 1707
Views: 279730

Re: Daily "Check In" Thread For Us

We haven't met, Mr. Smith, but depression does, in fact, suck balls.

You are in my prayers.

Do you have a good therapist? If not, I very strongly encourage that.

Steve
by snedgar
Thu Apr 07, 2022 1:55 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 329
Views: 26671

Re: Are most people here sticking with Treasuries?

I've been all-in for 14 years, switching to GB a while back based on things I learned here and on Tyler's site. Not thrilled about LT Treasuries, but they are an integral element of system. In my case, I have all I need so my primary goal is to not do something stupid AND a lower SD is important for...
by snedgar
Mon Mar 28, 2022 6:38 pm
Forum: Permanent Portfolio Discussion
Topic: Gave up on "pure" Permanent Portfolio in EU
Replies: 10
Views: 1731

Re: Gave up on "pure" Permanent Portfolio in EU

Seemed too good to be true to me. Once I read this review, scratched it off my list: https://wantfi.com/masterworks-review.html " ... If you can get beyond the shady business practices, marketing, founder’s past business activities, fee grab where they act as an art hedge fund, and unique art risks,...
by snedgar
Tue Jan 25, 2022 8:46 pm
Forum: Bonds
Topic: i-Bonds How-to Q&A as of 2021 November
Replies: 40
Views: 6298

Re: i-Bonds How-to Q&A as of 2021 November

Thank you, JHogue. I appreciate the clarification, although I was hoping you had discovered some kind of magical, one-way capital appreciation aspect of EE bonds. Interestingly, I think there actually is another magical hack for the cash quadrant. For those of us who are federal employees, the G-fun...
by snedgar
Tue Jan 25, 2022 11:39 am
Forum: Bonds
Topic: i-Bonds How-to Q&A as of 2021 November
Replies: 40
Views: 6298

Re: i-Bonds How-to Q&A as of 2021 November

@JHogue, could you expand on your comment, below, regarding ”EE-Bonds are for “Deep Bonds"? I have not previously heard that perspective.
by snedgar
Fri Jan 21, 2022 10:25 am
Forum: Permanent Portfolio Discussion
Topic: Yay PP!
Replies: 268
Views: 34690

Re: Yay PP!

I'm with you, Lordo, and would wager that there are a lot of us here. I started w/ PP in the late 80's but didn't go all-in until seeing what happened to my slice-and-dice portfolio in 2007, finding this forum about that time. I have learned a ton here, including enough to switch to GB. That was pro...
by snedgar
Tue Jan 04, 2022 11:06 pm
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 135
Views: 19094

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

I'm mostly a lurker here; don't post much but have been following this forum for some time. Your question hit a nerve. I think you really have to be bought into whatever you're going to do. If you're not then you will end up subject to many forces to change your mind, bring you continual anxiety, an...
by snedgar
Thu Dec 30, 2021 12:40 pm
Forum: Other Discussions
Topic: Fleeing the Blue States
Replies: 6
Views: 1512

Re: Fleeing the Blue States

Atlas Shrugged.
by snedgar
Tue Dec 28, 2021 5:14 pm
Forum: Bonds
Topic: Math for LTT purchase.
Replies: 14
Views: 2192

Re: Math for LTT purchase.

Being an engineer, I've puzzled through all the maths. What I've come to understand is that there are an army of very smart people and computers that make these calculations constantly and use that information to quickly arbitrage any mismatches that they find. What this means for me (a normal retai...
by snedgar
Tue Nov 09, 2021 9:20 am
Forum: Gold
Topic: Which Gold ETF Would You Recommend Now?
Replies: 15
Views: 9074

Re: Which Gold ETF Would You Recommend Now?

SeaJay,
Respectfully, I used to believe that 80x number as well.
But from a quick google search, it appears that the ratio of gold in ETFs/gold in the world is closer to 3.6t/187t. So maybe we both had our ratios reversed?
Just a thought.
Steve
by snedgar
Tue May 25, 2021 2:13 pm
Forum: Other Discussions
Topic: COVIDs done, Vote On Next Major Issue
Replies: 29
Views: 3375

Re: COVIDs done, Vote On Next Major Issue

If you didn't do such a perfect parody, I'd mistake you for being serious.

Keep rockin' it, Tom.

;)
by snedgar
Tue May 04, 2021 9:43 am
Forum: Politics
Topic: Biden promised zero taxes, no wonder he won
Replies: 2
Views: 970

Re: Biden promised zero taxes, no wonder he won

Joking aside, did anyone else notice that, "According to the Tax Foundation’s General Equilibrium Model, the Biden tax plan would reduce GDP by 1.62 percent over the long term." There may be better references, but this is where that info comes from: https://taxfoundation.org/joe-biden-tax-plan-2020/...
by snedgar
Mon Apr 05, 2021 10:31 pm
Forum: Permanent Portfolio Discussion
Topic: Drawdown phase of a PP in retirement
Replies: 46
Views: 8441

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: 46
Views: 8441

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: 25
Views: 3750

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: 29
Views: 5668

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...