Search found 48 matches

by turbo8214
Wed Dec 27, 2023 1:12 pm
Forum: Politics
Topic: The Red State Brain Drain Isn’t Coming. It’s Happening Right Now.
Replies: 62
Views: 262669

Re: The Red State Brain Drain Isn’t Coming. It’s Happening Right Now.

From the recent Tired of Winning book (I'm about to start Cheney's book who is also no Trump fan): I stopped reading after this. Old Man Cheney was a warmonger as VP. How many thousands of young men lost their lives because of decisions that were made by that administration? There were no wars duri...
by turbo8214
Sat Sep 26, 2020 11:28 am
Forum: Variable Portfolio Discussion
Topic: 60-40 Portfolio Won't Prepare Investors for Retirement
Replies: 16
Views: 4438

Re: 60-40 Portfolio Won't Prepare Investors for Retirement

Smith1776 wrote:
Fri Sep 18, 2020 6:53 pm
I hold a few shares of a low cost 60/40 balanced fund just for fun. I think with international diversification they should do fine. High valuations in U.S. stocks and bonds can be at least partially ameliorated with international allocations.
That sound similar to a Bogleheads 3-tiered portfolio.
by turbo8214
Sat Sep 26, 2020 11:27 am
Forum: Variable Portfolio Discussion
Topic: 60-40 Portfolio Won't Prepare Investors for Retirement
Replies: 16
Views: 4438

Re: 60-40 Portfolio Won't Prepare Investors for Retirement

Sadly no. I keep asking if in-service rollovers are allowed just in case the answer changes...it would certainly be helpful to roll it into my solo 401K which would allow me to continue making back-door Roth contributions. I have the same issue. It will have to wait until the job ends. IRA is in a ...
by turbo8214
Fri Sep 18, 2020 10:22 am
Forum: Variable Portfolio Discussion
Topic: 60-40 Portfolio Won't Prepare Investors for Retirement
Replies: 16
Views: 4438

60-40 Portfolio Won't Prepare Investors for Retirement

Interesting article. Not only does the author bash the Bogleheads 60/40 portfolio (without mentioning Bogleheads) but he seems to be recommending a Permanent Portfolio without mentioning it (or perhaps even knowing what it is) ----------------- https://www.newsmax.com/t/newsmax/article/987093/8 The ...
by turbo8214
Fri Mar 27, 2020 11:18 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

Re: What are you doing with your 401K?

For one thing all new money to cash now! I have thought about doing this. Do you plan to convert it to stock when you think it hits bottom? Or do you plan on leaving it cash? Oh it'll go into the stock market for sure. Just not when VIX is 65 ! The house is on fire. Someone told me he's doing the s...
by turbo8214
Fri Mar 27, 2020 11:17 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

Re: What are you doing with your 401K?

I include my 401k in my PP. I hold all gold in taxable. For bonds in 401k I have to use TBM and I use that as an approximate substitute for the 50/50 barbell. I hold the bond barbell where space allows (cash in taxable, 30 year treasuries in IRA) How do you balance it? For example, let's say you ha...
by turbo8214
Fri Mar 27, 2020 10:29 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

Re: What are you doing with your 401K?

I include my 401k in my PP. I hold all gold in taxable. For bonds in 401k I have to use TBM and I use that as an approximate substitute for the 50/50 barbell. I hold the bond barbell where space allows (cash in taxable, 30 year treasuries in IRA) How do you balance it? For example, let's say you ha...
by turbo8214
Fri Mar 27, 2020 10:20 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

Re: What are you doing with your 401K?

solo 401(k): I don't contribute new money to this account but this is the space where stocks are traded and sometimes held for less than a year before taking profits. It holds a lot of 30-Year treasury bonds so it is part of the pp. The other day, I sold a Fidelity intermediate treasury fund and pu...
by turbo8214
Fri Mar 27, 2020 10:18 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

Re: What are you doing with your 401K?

ochotona wrote:
Fri Mar 27, 2020 9:52 am
For one thing all new money to cash now!
I have thought about doing this.
Do you plan to convert it to stock when you think it hits bottom? Or do you plan on leaving it cash?
by turbo8214
Fri Mar 27, 2020 9:46 am
Forum: Permanent Portfolio Discussion
Topic: What are you doing with your 401K?
Replies: 13
Views: 4681

What are you doing with your 401K?

I have transferred my non-401K retirement funds into a Permanent Portfolio, after being in a typical Bogleheads 60/40. My 401K, like many of them, have limited options (and no brokerage window). I currently have it in a 60/40 and it's down nearly 25% for the year. To those of you who invest in a 401...
by turbo8214
Tue Mar 24, 2020 11:14 pm
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation in the Most Painful Month
Replies: 31
Views: 14170

Re: Asset Allocation in the Most Painful Month

You can buy gold via your Vanguard Roth, but it will need to be a Brokerage account. You can convert it to Brokerage if not already one. So, I jumped onto Vinny's thread in the Gold subforum here: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=5&t=10119 But, yeah, it looks like my Vangua...
by turbo8214
Tue Mar 24, 2020 8:34 pm
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation in the Most Painful Month
Replies: 31
Views: 14170

Re: Asset Allocation in the Most Painful Month

Welcome to the PP, CT-Scott. Thanks for the welcome, and your post talking-up Gold is of particular interest to me. I don't want to get this thread side-tracked (I promise I'll create a dedicated thread soon to talk more about my situation), but we basically moved all of our tax-deferred accounts t...
by turbo8214
Thu Mar 19, 2020 11:47 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

This month really reminds me of October 2008 personally, the way stocks, bonds, and gold are trading. I'm just waiting for the Lehman announcement, something like TSLA going under when it can't get the credit it needs to keep the lights on. True. October is when the bottom dropped out. I just remem...
by turbo8214
Wed Mar 18, 2020 6:50 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

If you have the psychological wherewithal to buy stocks and wait what could be years, I think once the DJIA is <15,000, it's time to think about buying. If it actually happens to get down to 10,000 or less, back up the truck and fill it with stocks. If you can afford it, and if you think you can si...
by turbo8214
Wed Mar 18, 2020 6:23 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

Do you all plan on staying the course? Yes in the sense of not capitulating and selling stocks low. I'll be buying stocks. No in the sense of dumping munis and prime for a flight to quality (treasury mm). Are you buying now or waiting until it goes down another 20-30%? For now, I'm merely throwing ...
by turbo8214
Wed Mar 18, 2020 6:20 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

I know many musician / artist / part-time teacher types, and the combination of AB5 and Coronavirus has destroyed their income sources. Those government stimulus checks should hopefully help. They are talking about $1000 in April and another $1000 in May. How can anyone live on that though? As much...
by turbo8214
Wed Mar 18, 2020 6:14 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

If you have the psychological wherewithal to buy stocks and wait what could be years, I think once the DJIA is <15,000, it's time to think about buying. If it actually happens to get down to 10,000 or less, back up the truck and fill it with stocks. If you can afford it, and if you think you can si...
by turbo8214
Wed Mar 18, 2020 5:28 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

It is very possible that the Permanent Portfolio has not yet shown us its shine under the present shock. If I recall correctly, when the financial crisis hit the fan, the PP dropped and then after a several weeks, both buckets of long bonds and gold took over carrying the load. The bonds I think be...
by turbo8214
Wed Mar 18, 2020 5:22 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

Yup, I'm sticking with the PP philosophy. I feel pretty good with the amount I have in the PP right now. I'd been shifting some money from stocks to cash in my formerly stock-only VP; I'll be shifting that back into stocks. You're expecting the market to go down much further? I did something simila...
by turbo8214
Wed Mar 18, 2020 5:14 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

dualstow wrote:
Wed Mar 18, 2020 1:37 pm
turbo8214 wrote:
Wed Mar 18, 2020 1:11 pm
Do you all plan on staying the course?
Yes in the sense of not capitulating and selling stocks low.
I'll be buying stocks.

No in the sense of dumping munis and prime for a flight to quality (treasury mm).
Are you buying now or waiting until it goes down another 20-30%?
by turbo8214
Wed Mar 18, 2020 5:13 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

If you have the psychological wherewithal to buy stocks and wait what could be years, I think once the DJIA is <15,000, it's time to think about buying. If it actually happens to get down to 10,000 or less, back up the truck and fill it with stocks. If you can afford it, and if you think you can si...
by turbo8214
Wed Mar 18, 2020 4:55 pm
Forum: Gold
Topic: For all of the 'gold is speculation' arguments, it's beaten both stocks and bonds since the year 2000
Replies: 2
Views: 1506

For all of the 'gold is speculation' arguments, it's beaten both stocks and bonds since the year 2000

Interesting.
Someone on Bogleheads actually posted it after a few posters were bashing gold. Nobody argued with him.
by turbo8214
Wed Mar 18, 2020 1:36 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

Yes, I plan to stay the course. The extreme uncertainty and rapid day-by-day changes in government policies around the world during this pandemic have just underscored the importance of a "firewall"-based portfolio that's completely agnostic in its allocations to the asset classes (4x25). It will b...
by turbo8214
Wed Mar 18, 2020 1:28 pm
Forum: Permanent Portfolio Discussion
Topic: Are you "staying the course"?
Replies: 38
Views: 13459

Re: Are you "staying the course"?

I plan on staying the course. However, I feel that the world economy is going to be smashed. I don't think that is reflected in the prices. So I am thinking about reducing stocks instead of staying the course. I can make either case. We can afford to lose our investment in stocks. I guess that mean...
by turbo8214
Wed Mar 18, 2020 1:19 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 11719

Re: Rebalance during these days of high volatility?

Thinking about doing a pmward partial rebalance before closing today. Maybe 1/4 back up to my normal stock allocation. Yeah, stocks could keep going down but it's really hard to call the bottom. All we can say for sure is that money invested today will buy a lot more shares than it would have a cou...