Search found 25 matches

by perfect_simulation
Sun Jan 24, 2021 11:35 am
Forum: Cash
Topic: Forex Diversification
Replies: 2
Views: 75

Forex Diversification

of 25% cash, I am considering keeping 5% in different currencies. I couldn't find any HB thoughts on this, he advocated the dollar because of its reserve status. The Euro is considered to be the 2nd reserve currency, and you can pick up shares of FXE to get Euro exposure. And maybe some FXC for Cana...
by perfect_simulation
Tue Jan 19, 2021 1:59 pm
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 18
Views: 682

Re: Jeffrey Gundlach on PP

bitcoininthevp wrote:
Tue Jan 19, 2021 9:46 am
bitcoin is an asset
good points, but its called cryptocurrency not cryptoasset ;D
by perfect_simulation
Mon Jan 18, 2021 2:19 pm
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 18
Views: 682

Re: Jeffrey Gundlach on PP

bitcoininthevp wrote:
Mon Jan 18, 2021 1:24 pm
All value is still subjective though, which is the point Im trying to make to perfect_simulation.
yeah, my core thought is where bitcoin fits into the PP - I think the cash quadrant if any and not the gold one O0
by perfect_simulation
Mon Jan 18, 2021 8:55 am
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 18
Views: 682

Re: Jeffrey Gundlach on PP

I can't quite wrap my head around bitcoin being an asset like gold. Gold is a tangible commodity that also happens to be money. Bitcoin is a fiat currency in my mind - backed by nothing like the dollar and euro, etc. Might as well have some for diversification, buts its akin to cash IMHO!
by perfect_simulation
Wed Jan 13, 2021 4:58 pm
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 18
Views: 682

Re: Jeffrey Gundlach on PP

Kevin K. wrote:
Wed Jan 13, 2021 2:04 pm
Yeah and emerging market stocks instead of TSM and bank loans instead of bonds. Nothing remotely PP-esque about this guy IMHO.
Banks loans? He said 25% cash and 25% long term bonds. The odd parts were 25% bitcoin/gold and 25% emerging markets/asia stocks
by perfect_simulation
Wed Jan 13, 2021 11:04 am
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 18
Views: 682

Jeffrey Gundlach on PP

Jeffrey Gundlach promotes his PP @ 18:30

https://www.youtube.com/watch?v=hd6zu-xylqo
by perfect_simulation
Fri Jan 08, 2021 9:53 am
Forum: Gold
Topic: Gold outflows, bitcoin inflows
Replies: 10
Views: 459

Re: Gold outflows, bitcoin inflows

I think there probably is some gold flowing to bitcoin. A lot of traditional investors view Gold/Bitcoin as insurance, not strictly as an inflation hedge.

In my view bitcoin is a currency like cash, although without the backing of a government. Of 25% cash, I put 2.5% into crypto.
by perfect_simulation
Mon Dec 14, 2020 2:46 pm
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 654

Re: PP* Portfolio

Even the Golden Butterfly is a 80%/20% PP/VP with small-caps in the VP.
Hmm, good point. Perhaps I am underestimating the VP
by perfect_simulation
Sun Dec 13, 2020 11:05 pm
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 654

Re: PP* Portfolio

Matthew19 wrote:
Sun Dec 13, 2020 10:19 pm
Can this be back tested?
In my testing, PP* is ~2% over or under whatever the vanilla PP does so nothing drastic
by perfect_simulation
Sun Dec 13, 2020 9:31 am
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 654

Re: PP* Portfolio

the cash is also acting as an option , to buy assets that have fallen at a later date , except unlike options , cash has no expiration date . cash is also the other side of the barbel that balances out duration on the long term treasuries to something in the intermediate term range . you no longer ...
by perfect_simulation
Sun Dec 13, 2020 8:50 am
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 654

PP* Portfolio

The vanilla PP is a perfect concept, but I see 2 modifications that enhance it (based on what Harry said). I call it PP* 25% Growth Stocks (eg, VUG, SPG, SCHG) - Harry said that stocks do well in times of prosperity. In times of prosperity he said that interest rates are often low and the economy ex...
by perfect_simulation
Wed Dec 09, 2020 8:03 am
Forum: Permanent Portfolio Discussion
Topic: USD exposure in the PP
Replies: 5
Views: 676

Re: USD exposure in the PP

In the 25% stock portion, Harry recommended having 3 different stock funds in case one of the funds screwed up. I see nothing wrong with applying that logic to cash as well. You could easily do a 50/50 USD CAD and rebalance as normal since you can't predict the future :D