Search found 20 matches

by coasting
Fri Nov 18, 2022 1:33 pm
Forum: Bonds
Topic: Treasury Notes (Auction vs Secondary - basically a wash?)
Replies: 13
Views: 635

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: 7
Views: 392

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: 7
Views: 392

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: 36
Views: 2219

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: 36
Views: 2219

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: 8
Views: 772

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: 708

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: 50
Views: 4061

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: 50
Views: 4061

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: 733

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: 34
Views: 3759

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: 1141

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: 328
Views: 24275

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: 11281

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: 2631

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: 2631

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: 3011

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...
by coasting
Fri Oct 22, 2021 9:59 am
Forum: Gold
Topic: Which Gold ETF Would You Recommend Now?
Replies: 15
Views: 8879

Re: Which Gold ETF Would You Recommend Now?

Regarding termination events for some popular gold ETFs, it appears some are scheduled to terminate at a future date. According to GLD prospectus, "The Trustee will terminate and liquidate the Trust if one of the following events occurs: ... The maximum period for which the Trust is allowed to exist...
by coasting
Tue Oct 12, 2021 5:12 pm
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3011

Re: Virtual Audit

D'oh! How did I miss that? I see the buy back price now, clearly listed - thank you.
by coasting
Tue Oct 12, 2021 9:54 am
Forum: Gold
Topic: Virtual Audit
Replies: 10
Views: 3011

Re: Virtual Audit

Hi dopplerdave, I too thank you for sharing. May I ask some other questions regarding your experience with SWP? I note the Virtual Audit service is available only for the Cayman Islands vault - I presume because SWP is the operator there while different companies operate the other vaults. SWP is con...