Pointedstick wrote: ↑

Thu Jun 30, 2022 12:38 pm

So in answer to your original question, if I can't trust cryptocurrencies as currencies, and I can't trust them as investments, then no, they have no value to me.

Once I get my investments in order, I'll most likely figure out how to buy 1 BTC, as a very expensive lotto ticket.

Jack Jones wrote: ↑

Tue Jun 28, 2022 2:25 pm

Bitcoin hit <10% of the model portfolio, so I performed a rebalance:

-cash
-gold
-stocks
+bonds
+BTC

The portfolio now owns 56% more Bitcoin.

Portfolio down 16% since inception (Bitcoin -38%).

I'm sorry if I missed it, what's your overall asset allocation, with the BTC?

This weekend I looked at where my future investments would be placed....as sold as I am on Small Cap Value, I ultimately decided that I didn't believe in the factor tilt enough to lock it into a taxable account. So I'm only going to to US TSM and xUS TSM outside of our IRA. I don't think I will ever...

most likely not the right fit for this group, but Arcane on Netflix turned out to be a damn good show (9 episodes, 40 minutes each). IMHO this fight scene (late in the series) is the highlight of the show. For context, they knew each other as kids, but have gone seperate ways. https://www.youtube.co...

dualstow wrote: ↑

Fri Jun 24, 2022 3:47 pm

We’re all just people with different operating systems, Xan. Some run Eunuchs.

Some cultures remove the stones, other cultures slice it all off.

ohh...I want to be objectified into my genatalia. Much more wholesome than using traditional words.

Pfau is principal and director of McLean asset mgmt …,he has a big vested interest in selling annuity products Fair enough. But its an ad hominum that is so universal to be unactionable. Almost all of the writers in this space are tied to private firms who sell some sort of financial product. I sus...

Always keep in mind pfau is an annuity salesman first and a researcher second . I may be interpreting your claim in bold too literally, but I'm pretty sure Pfau does not sell annuities. He does include annuities in his research and frequently in his recommendations, to mitigate sequence-of-return a...

https://www.aier.org/article/putting-money-back-in-monetary-policy-a-response-to-dan-mclaughlin/ Another interseting article discussing the relationship between monetary policy and government taxation and spending. TLDR: not much. I respect a think tank that's willing to tackle both sides, will have...

These were in the publisher sample on overdrive so I think this explanation from chapter one is ok to share. (to confirm, the screen shot is the entire section on risk wrap, the next page starts with the section on Time Segmentation stratiges). Screenshot 2022-06-22 215325.png Screenshot 2022-06-22 ...

Along those lines what grades would you give to Vanguard's two index offerings in this area? Value Fund and Small Cap Value Fund. I've been in both since January 2003. I haven't studied the matter too seriously, but I will say that the folks at Rational Reminder forum (heavy on factor investing) pr...

IMHO, the HBPP isn't really as "permanent" as the name suggest... but at the same time people here would benefit from having a "system" that gives them the illusion of control in their life. I think the illusion of control is a big appeal to these risk parity portfolios. On my end I've never been c...

The basic premise is flawed and the real value (blockchain technology) is difficult to invest in directly. It is like trying to invest in the discovery of a new periodic table element... you know it will be beneficial somewhere, but where and how is unclear. That's my difficulty with block chain. I...

Maybe. I always thought it was interesting that since a lot of crypto is involved in illegal transactions, the government seizes billions and billions worth of it. More levers at their disposal. One benefit of watching foreign films as a teenager was realizing that power usually wins out. Americans...

I haven't read the full book since my library doesn't own a copy, but the sample is pretty extensive, including the complete first chapter, available on overddrive . His basic thesis is that everyone has their own retirement style that can be broken down among four quadrants with two major axis - Sa...

This weekend I did some charts looking at the performance of a 70% stock portfolio versus my current 50% stock goal using the info on portfolio charts. after 15 years, the 70% portfolio is expected to outperform the 50% portfolio even with the worse case scenarmos...but my wife looked at the 1 and 2...

Just an awful week Pp down 12.88% ytd , cagr the last 10 years 4.30% Fidelity monitor income model down 11.31 , 4.71% the last 10 years Wellesly 11.67% 40% equities . 5.93% the last 10 years Ray dalio all weather is doing the worst , down 16.12.. 5.31% the last 10 years . Vti for comparison 12.38% ...

And certainly any Christian should be more concerned with the body count than their own fixation with gun ownership. We'll need something other than Jesus to defend our gun obsession. Jesus wouldn’t own a gun. Christians shouldn’t be concerned with self defense, IMO. Was this toungue in cheek? I'm ...

The 10 year CAGR is a good addition, gives more context. I appreciate the weekly updates.

Kbg wrote: ↑

Fri Jun 17, 2022 4:33 pm

Knocking on the door of 20K

On the way down or back up?

It's all 'bout narrative baby!

Jack Jones wrote: ↑

Fri Jun 17, 2022 4:58 am

The level of debt seems like a significant difference:

https://www.longtermtrends.net/us-debt-to-gdp/

Does this limit how high it can raise interest rates to combat inflation?

Or would it incentivize the fed to inflate the debt away?

BTW that longtermtrends site seems freaking amazing.

The Fed Chairperson Jerome Powell has said inflation is 1.4% and maybe will reach 1.7% at the worst in coming years. So if we have low inflation and our government economic experts are telling us this, then why hold gold? Why not TIPS? In Jerome Powell We Trust Once he gets inflation under control ...

I Shrugged wrote: ↑

Wed Jun 15, 2022 6:35 pm

Most likely your phone and credit cards. That’s all they need.

Very likely why the some nations have funnelled so much commerce via their social media sites.

Admittedly, modem man, forced by technique to become in reality and without residue the imaginary producer-consumer of the classical economists, shows disconcertingly little regard for his lost freedom; but, according to Ellul, there are ominous signs that human spontaneity, which in the rational...

OK thanks! I'm still got another 10-20 years of accumulation phase so I always throw in some contributions into the calcs cause it's closer to my circumstances. But yeah I could see that getting really messy. Sorry for the confusion. Ultimately I think the main point is that the US 60/40 was just de...