Search found 68 matches

by senecaaa
Thu Dec 31, 2020 1:24 pm
Forum: Variable Portfolio Discussion
Topic: What is the most anyone has paid for a bitcoin?
Replies: 17
Views: 449

Re: What is the most anyone has paid for a bitcoin?

Funny that some of you here are proud you never bought bitcoin. Isn't the idea of investing to grow your capital? I bought most of my bitcoin in 2014 and never sold. Happy to be not in the $0 club.
by senecaaa
Sun Dec 27, 2020 10:28 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin+Cash portfolio?
Replies: 30
Views: 793

Re: Bitcoin+Cash portfolio?

I think bitcoin is pretty binary: or you lose it all or you'll make a huge profit. So my advice is: only use money you are prepared to lose and buy&hold, no cash rebalancing.
by senecaaa
Sun Dec 06, 2020 6:13 am
Forum: Politics
Topic: Should Donald Trump Be Charged With Sedition?
Replies: 73
Views: 1889

Re: Should Donald Trump Be Charged With Sedition?

You have no idea how sad all this looks from across the pond...
by senecaaa
Fri Nov 20, 2020 10:07 am
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 3829

Re: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold

Just in https://twitter.com/APompliano/status/1 ... 2018475010

BlackRock CIO of Fixed Income Rick Rieder talking about Bitcoin replacing gold on CNBC this morning.

Ignore at your own peril...
by senecaaa
Sun Nov 08, 2020 3:25 am
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 3829

Re: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold

How does one turn BTC into dollars without cashing them into some form of currency first and going into an account of some kind? With Gold that you hold physically, as long as cash is still legal... Hey, I'm not knocking Crypto here. I am admittedly ignorant with regard to the intricacies of this a...
by senecaaa
Tue Nov 03, 2020 3:33 am
Forum: Permanent Portfolio Discussion
Topic: Concerns Assets Are More Correlated
Replies: 7
Views: 596

Re: Concerns Assets Are More Correlated

Be careful, the forum police doesn't like you to talk about alternative assets here. And ammunition? WTF!
by senecaaa
Sun Nov 01, 2020 1:54 pm
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 3829

Re: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold

"A video chat is more valuable than the world's biggest oil explorer and producer" "It’s the industrial age passing power to the digital age." https://twitter.com/woonomic/status/1322394401365094400?s=20 I don't see gold being replaced by Bitcoin soon, but the world is definitely changing to digital
by senecaaa
Thu Oct 15, 2020 10:01 am
Forum: Permanent Portfolio Discussion
Topic: European PP - short bonds
Replies: 14
Views: 1207

Re: European PP - short bonds

I have implemented a German bond ladder, e.g. this bond is part of it: https://www.deutsche-finanzagentur.de/e ... 001104743/

Yes, I lose money there, as the price moves toward the par value, but as Hal said it is way safer than cash.
by senecaaa
Tue Oct 06, 2020 6:43 am
Forum: Bonds
Topic: Ray Dalio on Bonds
Replies: 142
Views: 8386

Re: Ray Dalio on Bonds

Hal wrote:
Tue Oct 06, 2020 6:37 am
Interesting discovery Senecaaa,

Whats your theory on why REITs perform so well?
I was inspired by this tweet: https://twitter.com/alexisohanian/statu ... 7427155970. I interpreted "alternative" as "real estate" ;D. No theory behind it.
by senecaaa
Tue Oct 06, 2020 6:26 am
Forum: Bonds
Topic: Ray Dalio on Bonds
Replies: 142
Views: 8386

Re: Ray Dalio on Bonds

Replacing LTT with REIT in portfoliocharts, seems like an interesting move: ZUSAXAA20AI20AN20AO20GB20Z (shortcode).
Screenshot 2020-10-06 at 13.23.27.png
Screenshot 2020-10-06 at 13.23.27.png (310.66 KiB) Viewed 665 times
by senecaaa
Tue Sep 01, 2020 10:07 am
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 3829

Re: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold

Wait- how is digital better than paper again? There is a huge list of things how bitcoin is better than paper (let me know if you are curious how), but it is still very new of course. That's why the UX is still very clumsy. BTW Bitcoin is deflationary by definition, which is a property that can com...
by senecaaa
Sun Aug 30, 2020 6:20 am
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 3829

Re: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold

paul tudor jones also rates bitcoin dead last as a store of value https://photos.smugmug.com/photos/i-fDgDPFJ/0/065f9dae/S/i-fDgDPFJ-S.jpg https://www.forbes.com/sites/colinharper/2020/05/07/no-paul-tudor-jones-is-not-buying-bitcoin-hes-buying-bitcoin-futures/#2e08fa38d50d Yeah I saw that, but in t...