Search found 28 matches

by coasting
Sat Mar 25, 2023 9:26 pm
Forum: Variable Portfolio Discussion
Topic: in depth review of golden butterfly
Replies: 15
Views: 376

Re: in depth review of golden butterfly

snedgar wrote:
Sat Mar 25, 2023 9:07 pm
The article seems cluncky and uninspired to me.

I wonder if it was written by AI?
I wonder if it was written by AI? lol - I had exactly the same thought!
by coasting
Sat Feb 25, 2023 8:04 pm
Forum: Stocks
Topic: Stock Picking in the PP
Replies: 33
Views: 3364

Re: Stock Picking in the PP

If I recall correctly, in the Money Show radio archives he recommended the S&P 500 fund. Yes, S&P 500 fund for the stock allocation is my recollection from multiple episodes of the radio show. Below is my "strict" interpretation of the Permanent Portfolio philosophy: In October 10, 2004 episode Har...
by coasting
Sat Feb 25, 2023 10:55 am
Forum: Cash
Topic: Best place for cash
Replies: 4
Views: 762

Re: Best place for cash

For the past decade, I've focused on building up cash reserves in my taxable investment account. Cash was ideal for taxable because it threw off almost no interest and of course had no gains. Whereas, I was preferring to load up my Roth IRA with stocks because of their growth potential. Now the sit...
by coasting
Fri Feb 24, 2023 8:56 pm
Forum: Gold
Topic: IRA approved international gold custodians
Replies: 1
Views: 559

Re: IRA approved international gold custodians

Hi All, I did a quick search on this forum and did not find much in relation to IRA-approved international gold custodians. Diversification is a good thing and I think that would apply to physical gold held by a custodian internationally for a portion of assets. If anyone has information or referen...
by coasting
Thu Feb 23, 2023 9:13 pm
Forum: Bonds
Topic: Treasury bond pricing
Replies: 5
Views: 806

Re: Treasury bond pricing

Why are treasuries priced in $100 increments i.e. 99.730 but sold in $1000 increments? Seems like a bond in this example would be priced at $997.30. I'm sure there is a simple, obvious reason. Per Investopedia at https://www.investopedia.com/terms/b/bondquote.asp "A bond quote is the last price at ...
by coasting
Sat Dec 24, 2022 5:37 pm
Forum: Gold
Topic: Fidelity Gold, Silver, Platinum, and Palladium Trading
Replies: 3
Views: 833

Re: Fidelity Gold, Silver, Platinum, and Palladium Trading

When did this happen? I just learned of this from snedgar in the other thread. This at least feels like lower counter party risk with some higher fees. https://www.fidelity.com/trading/investment-choices/gold-silver-platinum Buying and selling fees: Fees5 Gross amount Percent charged on gross amoun...
by coasting
Fri Dec 23, 2022 8:42 pm
Forum: Gold
Topic: Liquidate Some Roth Space to Buy Physical Gold?
Replies: 18
Views: 1465

Re: Liquidate Some Roth Space to Buy Physical Gold?

I'm sure some wiser people will chime in. I don't know your age or tax situation, but I think I would liquidate something at breakeven in taxable rather than mess with my Roth before I have to, myself. Just my two cents. (Just my two gold slivers). I should have mentioned what I have already in tax...
by coasting
Tue Dec 13, 2022 12:36 pm
Forum: Gold
Topic: Another Gold ETF post
Replies: 29
Views: 1702

Re: Another Gold ETF post

Xan wrote:
Tue Dec 13, 2022 9:49 am
Yes, thanks, welderwannabe! This is a great resource. I've used it to divest of GLDM.
Xan, if you are open to sharing, may I ask: Did you invest the proceeds in a different gold ETF? And if so, which one did you select?
by coasting
Fri Nov 18, 2022 1:33 pm
Forum: Bonds
Topic: Treasury Notes (Auction vs Secondary - basically a wash?)
Replies: 14
Views: 2194

Re: Treasury Notes (Auction vs Secondary - basically a wash?)

Just for the sake of discussion… I have a T-Bill ladder in my taxable account at Fidelity composed of 3, 6, and 9 month T-Bills, purchased on the secondary market, that I will to hold to maturity. It currently yields about 4.5%-- which is far better than an HBPP-designated Treasury money market fun...
by coasting
Thu Nov 17, 2022 5:03 pm
Forum: Gold
Topic: Another Gold ETF post
Replies: 29
Views: 1702

Re: Another Gold ETF post

IAUM, iShares "Micro" version of IAU, launched with ER of 0.15%. Not sure when it happened, but ER for IAUM appears to have dropped to 0.09%. Both fund's prospectus list the same sponsor, trustee, and custodian. I'm not aware of a less expensive gold trust currently on the market. IAUM is even chea...
by coasting
Thu Nov 17, 2022 9:56 am
Forum: Gold
Topic: Another Gold ETF post
Replies: 29
Views: 1702

Re: Another Gold ETF post

IAUM, iShares "Micro" version of IAU, launched with ER of 0.15%. Not sure when it happened, but ER for IAUM appears to have dropped to 0.09%. Both fund's prospectus list the same sponsor, trustee, and custodian. I'm not aware of a less expensive gold trust currently on the market.
by coasting
Sun Oct 30, 2022 4:22 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 39
Views: 3330

Re: Non-ESG ETFs

You can buy just 1 share (at whatever the stock price is) for most any (every?) stock on the market. Some brokerages allow you to buy fractional shares (Interactive Brokers) where you can spend as little as $25 on each company. Not sure how voting would work though if you own less than a full share...
by coasting
Wed Oct 26, 2022 11:25 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 39
Views: 3330

Re: Non-ESG ETFs

The deeper issue is that BlackRock uses their voting rights (as extremely large holders of any company's stock) to actively pressure the board of every major company to adopt ESG values. That's not about choice. It's about direct political coercion. Tyler's got it. I was blissfully unaware that Van...
by coasting
Wed Oct 26, 2022 8:42 pm
Forum: Cash
Topic: Single-bond ETFs
Replies: 13
Views: 5014

Re: Single-bond ETFs

Yes I agree T bills are much better return than any savings account or CD right now. It is hard to believe and I don't quite understand why. I guess banks just don't have the need for further deposits so they don't try to compete. I currently have a mix of SGOV ETF and direct t bills through Fideli...
by coasting
Tue Oct 25, 2022 11:04 pm
Forum: Bonds
Topic: Corporate Bonds
Replies: 17
Views: 1607

Re: Corporate Bonds

Taking the other topic on TIPs to corporate bonds, I would be interested in thoughts about whether you'd invest in a Make Whole bond of durations from 37 to 75 years (!!) on companies like Amgen, Waly Disney and Altria. These are paying coupon rates from 6.2 to 8.125% and YTM of 6.2 to 7.3%. These ...
by coasting
Fri Sep 16, 2022 11:49 pm
Forum: Gold
Topic: Gold will rise when Fed stops raising interest rates?
Replies: 54
Views: 5462

Re: Gold will rise when Fed stops raising interest rates?

Thus far it seems obvious that the prevailing economic environment is " tight money" and all the PP assets appear to be performing as HB suggested they would in such an environment... poorly. His suggestion that the "tight money" environment is self limiting and usually shifts to a different enviro...
by coasting
Thu Sep 15, 2022 11:47 pm
Forum: Gold
Topic: Gold will rise when Fed stops raising interest rates?
Replies: 54
Views: 5462

Re: Gold will rise when Fed stops raising interest rates?

Thus far it seems obvious that the prevailing economic environment is " tight money" and all the PP assets appear to be performing as HB suggested they would in such an environment... poorly. His suggestion that the "tight money" environment is self limiting and usually shifts to a different enviro...
by coasting
Mon Jun 20, 2022 9:54 pm
Forum: Permanent Portfolio Discussion
Topic: 60/40 portfolio in shambles
Replies: 1
Views: 869

Re: 60/40 portfolio in shambles

perfect_simulation wrote:
Fri Jun 17, 2022 5:00 pm
I was just listening to the man again. I don't give a shit what the economy does
Took your cue and listened to this one again. I haven't ranked the episodes, but this has to be one of the best.
by coasting
Sat May 28, 2022 4:16 pm
Forum: Permanent Portfolio Discussion
Topic: What kind of inflation are we experiencing?
Replies: 33
Views: 4207

Re: What kind of inflation are we experiencing?

I thought you guys might enjoy this one: Proven Ways to Protect Your Portfolio From Inflation Great article Tyler, thanks for sharing! Spoiler alert -- Harry Browne knew what he was doing. 8) When I first encountered the Permanent Portfolio, it seemed like a crazy idea to me. Then over time I came ...
by coasting
Fri Apr 08, 2022 1:12 am
Forum: Variable Portfolio Discussion
Topic: How to save money not part of your portfolio?
Replies: 11
Views: 1294

Re: How to save money not part of your portfolio?

Do most PP'ers calculate their asset allocation, and allocate 25/25/25/25 across ALL of their assets? I.e., should I include my 6 months emergency savings in the bank as part of my cash? Or do most keep this separate? I think most consider their emergency fund to be part of their cash allocation. I...
by coasting
Thu Apr 07, 2022 8:24 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 341
Views: 40464

Re: Are most people here sticking with Treasuries?

Are most people here holding steady with the PP? <- Yes, I am holding steady with the PP. Are a lot of people here who have been doing the PP for a long time getting out of Treasuries? <- No, not getting out. Definitely holding on to LT Treasurys already owned. With recent drop, LTTs now account fo...
by coasting
Sat Dec 04, 2021 7:40 pm
Forum: Permanent Portfolio Discussion
Topic: Does PP Only Work In Times of Declining Bond Yields?
Replies: 52
Views: 11903

Re: Does PP Only Work In Times of Declining Bond Yields?

Seeing some interesting posts scattered about hinting at this, as well as YouTube videos about macroeconomics in general, that are leading me to question whether the PP only works in times of declining interest rates. We've experienced 40 years of declining interest rates, and this started only sho...
by coasting
Sat Dec 04, 2021 6:39 pm
Forum: Gold
Topic: Gold storage in Austria
Replies: 12
Views: 2874

Re: Gold storage in Austria

If you're going to store gold overseas, I wouldn't do it in Europe. They aren't as insane as Australia, but they're close. Pick a country that will likely keep some level of protection going forward. That means nothing in the collapsing 'West'. They aren't as insane as Australia . ;D Spot on Pugchi...
by coasting
Fri Dec 03, 2021 6:07 pm
Forum: Gold
Topic: Gold storage in Austria
Replies: 12
Views: 2874

Re: Gold storage in Austria

Mark up and storage fees seem like a fair enough deal. My takeaways: This is the Austrian Mint. It appears you must be an EU citizen or permanent resident to open a gold storage account. If you want to sell, the Austrian Mint is not permitted to buy back. Instead you arrange terms and sell to a desi...
by coasting
Wed Oct 27, 2021 6:31 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3260

Re: Virtual Audit

Is this type of service becoming a trend? I see Money Metals Depository vault in Idaho offers remote viewing service. Per their website: https://www.moneymetals.com/silver-gold-storage "On request, we will schedule a viewing of your holding by video. Your sealed holding will be placed on a table, un...