Search found 58 matches

by perfect_simulation
Fri Jun 17, 2022 5:00 pm
Forum: Permanent Portfolio Discussion
Topic: 60/40 portfolio in shambles
Replies: 1
Views: 634

60/40 portfolio in shambles

I was just listening to the man again. I don't give a shit what the economy does
by perfect_simulation
Wed May 18, 2022 9:49 pm
Forum: Bonds
Topic: coping with a LTT bear market
Replies: 9
Views: 1834

Re: coping with a LTT bear market

i love my treasuries. they won't let me down
by perfect_simulation
Wed May 18, 2022 9:30 am
Forum: Gold
Topic: The GOLD scream room
Replies: 3553
Views: 1138008

Re: The GOLD scream room

HB said gold would move during inflation. If we take his word at face value, we can conclude we've only had mild inflation these past 2 years despite what the CPI and other figures indicate.
by perfect_simulation
Fri May 13, 2022 12:43 pm
Forum: Bonds
Topic: Fed damaging bond market
Replies: 54
Views: 5283

Re: Fed damaging bond market

I'm trying to wrap my head around something. If rising rates are deflationary, when do bonds benefit from it? Because we all just witnessed bonds get slaughtered amidst the prospect of rising rates.
by perfect_simulation
Thu May 12, 2022 9:19 pm
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 20218

Re: Absolutely brutal - 5/5

At the end of the day HB was a libertarian and I think he recommended USD only because it was the reserve currency. But in his book he also did say to keep some cash outside of the US...swiss francs for example. I wonder if, metaphorically, BTC fits that bill....no pun intended
by perfect_simulation
Thu May 12, 2022 11:05 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 20218

Re: Absolutely brutal - 5/5

I think HB was deeply mistrusting of the government. Enough so that he would have been an advocate for owning some Bitcoin. Perhaps in the VP, if not the PP.
by perfect_simulation
Mon May 09, 2022 8:19 am
Forum: Permanent Portfolio Discussion
Topic: Absolutely brutal - 5/5
Replies: 294
Views: 20218

Re: Absolutely brutal - 5/5

Harry Browne was confident that cash would only do well during periods of "tight money". Makes sense we are in this environment as the FED is doing exactly that by raising rates and selling assets. But HB also said "tight money" is temporary and eventually inflation/deflation will resume. So just st...
by perfect_simulation
Fri May 06, 2022 8:41 pm
Forum: Bonds
Topic: Fed damaging bond market
Replies: 54
Views: 5283

Re: Fed damaging bond market

Bonds are looking cheap relative to stocks:

Today VOO / TLT = 3.36
Last year VOO / TLT = 2.78
2 years ago VOO / TLT = 1.64

You can get over 3 tlts for the price of one VOO!!!
by perfect_simulation
Fri May 06, 2022 12:47 pm
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 41
Views: 8861

Re: Jeffrey Gundlach on PP

Mr. Gundlach consistently touting the PP: https://www.youtube.com/watch?v=ECe4xLSkvZo&t=16m7s
by perfect_simulation
Tue May 03, 2022 8:15 pm
Forum: Permanent Portfolio Discussion
Topic: Is This a Tight-Money Recession?
Replies: 13
Views: 1252

Re: Is This a Tight-Money Recession?

just look at DXY. Of all the currencies, the dollar is what people want right now. Even Bitcoin has been flat while the dollar is rallying
by perfect_simulation
Wed Apr 27, 2022 12:00 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 215
Views: 13662

Re: Are most people here sticking with Treasuries?

Cortopassi wrote:
Tue Apr 26, 2022 10:03 pm
I still have some TLT that I am writing calls on
I use EDV instead of TLT and I've been tempted multiple times to sell calls on it but I never do. Why? Because I know as soon as a sell a call, some massive event will happen and TLT/EDV will skyrocket and I'll be selling for a pittance ;D
by perfect_simulation
Wed Apr 27, 2022 11:55 am
Forum: Stocks
Topic: Unequal Sector Coverage in ETFs
Replies: 15
Views: 1965

Re: Unequal Sector Coverage in ETFs

jalanlong wrote:
Wed Mar 02, 2022 11:28 am
Does anyone worry about how uneven the sector coverage is in most US Market ETFs?
Nope, the S&P 500 is self-healing. Failing companies create space for others
by perfect_simulation
Sat Apr 23, 2022 7:55 am
Forum: Permanent Portfolio Discussion
Topic: Jeffrey Gundlach on PP
Replies: 41
Views: 8861

Re: Jeffrey Gundlach on PP

Thanks for sharing, yeah a 60/40 this year would be nothing but pain. PP is having some pain but its quite minimal in comparison
by perfect_simulation
Mon Mar 28, 2022 3:34 pm
Forum: Permanent Portfolio Discussion
Topic: When does PP inflation protection usually kick in?
Replies: 2
Views: 483

Re: When does PP inflation protection usually kick in?

Inflation is always a lagging indicator. HB said gold will move when inflation surpasses 8, 9%. But the caveat is that much of this inflation is supply chain related. Time will reveal the truth. Glad to be in gold regardless.
by perfect_simulation
Mon Mar 28, 2022 3:32 pm
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 2577

Re: Gundlach on LTT's today

buddtholomew wrote:
Mon Mar 28, 2022 2:34 pm
The PP is truly fantastic in how poorly it performs.
If you try and protect yourself from everything, you protect yourself from nothing.
backwards take. PP is offensive on all fronts, not defensive
by perfect_simulation
Sun Mar 27, 2022 9:29 am
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 2577

Re: Gundlach on LTT's today

Peter Schiff basically calls any one buying long term bonds a moron: https://www.youtube.com/watch?v=cfdyuSEaSQo


Still buying tho
by perfect_simulation
Fri Mar 25, 2022 10:00 am
Forum: Other Discussions
Topic: Cautionary example of social media postings
Replies: 2
Views: 542

Re: Cautionary example of social media postings

Not sure if this is allowed but there is facebook group for PP investors.

https://www.facebook.com/groups/291458589731062/
by perfect_simulation
Thu Mar 24, 2022 6:26 pm
Forum: Permanent Portfolio Discussion
Topic: PP is Totally Obsolete!!!
Replies: 64
Views: 7058

Re: PP is Totally Obsolete!!!

Now is the BEST time to up a PP. Recent events show that anything can happen at any time. I sleep like a baby. ^-^
by perfect_simulation
Tue Mar 22, 2022 6:54 am
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 2577

Re: Gundlach on LTT's today

whatchamacallit wrote:
Mon Mar 21, 2022 7:46 pm
I did buy some edv today

that's the one! The ER is lower than TLT. But I don't keep a full 25% of EDV, only 18ish% because its like a leveraged TLT
by perfect_simulation
Mon Mar 21, 2022 11:13 am
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 2577

Re: Gundlach on LTT's today

I'm down almost 20% on my bond bucket lol
by perfect_simulation
Mon Feb 07, 2022 11:49 am
Forum: Permanent Portfolio Discussion
Topic: Companies that use the PP
Replies: 1
Views: 497

Companies that use the PP

Is there any evidence of companies or corporations using the PP for their savings? When you consider how much inflation eats away at fiat, I would imagine large companies need a strategy to for their huge nest eggs
by perfect_simulation
Wed Jan 12, 2022 7:55 am
Forum: Permanent Portfolio Discussion
Topic: The PP, marginal utility, and investment "faith"
Replies: 135
Views: 16249

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

I Shrugged wrote:
Tue Jan 11, 2022 6:27 pm
HB liked growth stocks specifically, because of how they are bid up during bull markets.
Additionally, HB said that interest rates are low during times of Prosperity. And growth stocks benefit the most in that environment.
by perfect_simulation
Mon Jan 10, 2022 10:13 am
Forum: Permanent Portfolio Discussion
Topic: 2022 PP predictions
Replies: 44
Views: 5776

Re: 2022 PP predictions

mathjak107 wrote:
Mon Jan 10, 2022 8:10 am
….nothing is standing up
I see the dollar going up. Other assets are cheaper to buy now
by perfect_simulation
Fri Jan 07, 2022 7:40 pm
Forum: Permanent Portfolio Discussion
Topic: 2022 PP predictions
Replies: 44
Views: 5776

Re: 2022 PP predictions

mathjak107 wrote:
Fri Jan 07, 2022 9:46 am
every day seems to put the pp further behind the inflation curve
HB said in his podcast that gold won't move on mild inflation. When inflation sustains 7% or 9% or higher, then gold will take off. And of course you need to own it before this happens...which all PPer's are.
by perfect_simulation
Fri Jan 07, 2022 7:30 pm
Forum: Stocks
Topic: Value vs growth
Replies: 10
Views: 2958

Re: Value vs growth

HB originally recommended Growth so thats my horse. 25% VUG baby