Search found 76 matches

by senecaaa
Tue Jan 24, 2023 2:19 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 523
Views: 241338

Re: Golden Butterfly Portfolio

I guess if you want to prevent that you better get gold bullion (which I also do).
by senecaaa
Mon Jan 23, 2023 10:39 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 523
Views: 241338

Re: Golden Butterfly Portfolio

I live in the EU and my gold fund is 4GLD. Real gold backed, you can actually request conversion to actual physical gold. Are you really sure about that? I know nada about 4GLD however many that claim to be backed by physical and that permit conversion often have criteria/conditions, such as certai...
by senecaaa
Sun Jan 22, 2023 9:37 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 523
Views: 241338

Re: Golden Butterfly Portfolio

I live in the EU and my gold fund is 4GLD. Real gold backed, you can actually request conversion to actual physical gold.
by senecaaa
Thu Oct 20, 2022 6:29 am
Forum: Permanent Portfolio Discussion
Topic: Spreadsheets to Track PP
Replies: 49
Views: 128836

Re: Spreadsheets to Track PP

senecaaa wrote:
Sat Dec 14, 2019 3:35 am
Hmm pity, I'll keep on looking then. Maybe try to build something simple myself.
Three years later: So, I did build something myself, but it got a bit out of control (it supports any portfolio, not just PP or GB): asset.garden.

Anyone who would like to try it out, please go ahead, it's free.
by senecaaa
Wed Mar 31, 2021 3:58 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 178
Views: 41277

Re: Bitcoin as a complement or alternative to gold in the PP

When it can do something interesting other than be sold to the next greater fool maybe I'll start caring. I think it can do very interesting things that cannot be done with fiat money. E.g., the fact that no one controls it gives people in countries with an oppressive government the possibility to ...
by senecaaa
Tue Mar 23, 2021 3:42 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 178
Views: 41277

Re: Bitcoin as a complement or alternative to gold in the PP

whatchamacallit wrote:
Mon Mar 22, 2021 2:52 pm

You never know which way the pyramid will go.

Hmm, almost like any other asset ;D
by senecaaa
Sat Feb 06, 2021 2:25 am
Forum: Variable Portfolio Discussion
Topic: Modified Golden Butterfly Portfolio
Replies: 28
Views: 18412

Re: Modified Golden Butterfly Portfolio

tarentola wrote:
Fri Feb 05, 2021 9:11 am
Thanks Senecaaa. In what relative proportions do you hold the Euro and US ETFs? I am inclined to 50% US and 50% Euro, but that is arbitrary.
Yeah 50/50
by senecaaa
Fri Feb 05, 2021 8:28 am
Forum: Variable Portfolio Discussion
Topic: Modified Golden Butterfly Portfolio
Replies: 28
Views: 18412

Re: Modified Golden Butterfly Portfolio

Looking for suggestions please. I have a Euro PP which contains Euro Large Cap shares (Sanofi, Renault, VInci, Luis Vuitton etc). At the moment the PP is not far off 4x25%, being 29/20/25/26% stocks bonds gold cash. For simplification, I am closing a small account elsewhere, and would like to use t...
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: 3595

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: 7130

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: 65
Views: 9675

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: 13374

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: 13374

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: 1919

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: 13374

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: 3595

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: 141
Views: 37112

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: 141
Views: 37112

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 5586 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: 13374

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: 13374

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...
by senecaaa
Sun Aug 30, 2020 3:58 am
Forum: Variable Portfolio Discussion
Topic: Winkelvoss Capital says Bitcoin is a 10x better inflation hedge than gold
Replies: 49
Views: 13374

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

Even Satoshi himself said that Bitcoin would have to be hard forked at some point in order to solve the network's many scaling issues. Well, that was before they found different ways to scale like the Lightning Network. Anyway, Winkelvoss Capital owns so much Bitcoin they can do nothing else but re...
by senecaaa
Fri Aug 21, 2020 12:11 pm
Forum: Gold
Topic: Tyler hits it out of the park - again!
Replies: 14
Views: 4473

Re: Tyler hits it out of the park - again!

Ad Orientem wrote:
Fri Aug 21, 2020 11:53 am
IMO Bitcoin has no place in the PP for reasons discussed ad nauseum in other threads. It is strictly a speculative play and one that I have chosen to pass on.
Well, people change their minds. PTJ also hated bitcoin, but not anymore. And this is not some average investor.
by senecaaa
Fri Aug 21, 2020 11:18 am
Forum: Gold
Topic: Tyler hits it out of the park - again!
Replies: 14
Views: 4473

Re: Tyler hits it out of the park - again!

Yeah, awesome article! It answered a couple of questions I had about gold.

In other, but related, news: Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation, more detail here. Bitcoin was not around when Harry Browne created the PP, but I start to wonder now if adding it is a good idea?
by senecaaa
Thu Jul 23, 2020 6:20 am
Forum: Permanent Portfolio Discussion
Topic: Portfolio Charts 5 Year Anniversary
Replies: 11
Views: 3947

Re: Portfolio Charts 5 Year Anniversary

Thanks Tyler! I discovered your site about a year ago and learned a ton. Fully invested in an EU/US GB portfolio. Sailed smooth through the corona dip!
by senecaaa
Sun Apr 26, 2020 7:12 am
Forum: Variable Portfolio Discussion
Topic: Dragon Portfolio
Replies: 4
Views: 2133

Dragon Portfolio

Has anyone seen this before? https://taylorpearson.me/thedragon/ It mentions it has a similar philosophy to the PP: The Permanent Portfolio is a more easily implemented approach with a similar philosophy that uses equal amounts of stocks, bonds, gold and cash. Similar to the Dragon portfolio, it is ...