Once I get my investments in order, I'll most likely figure out how to buy 1 BTC, as a very expensive lotto ticket.Pointedstick wrote: ↑Thu Jun 30, 2022 12:38 pmSo 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.
Search found 162 matches
- Thu Jun 30, 2022 2:06 pm
- Forum: Permanent Portfolio Discussion
- Topic: Bitcoin in the PP?
- Replies: 78
- Views: 10722
Re: Bitcoin in the PP?
- Tue Jun 28, 2022 2:37 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 231
- Views: 27635
Re: BTC in the PP
I'm sorry if I missed it, what's your overall asset allocation, with the BTC?Jack Jones wrote: ↑Tue Jun 28, 2022 2:25 pmBitcoin 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%).
- Tue Jun 28, 2022 12:17 pm
- Forum: Variable Portfolio Discussion
- Topic: Joypog's regularly changing AA (originally "The Desert Looking Glass Portfolio")
- Replies: 32
- Views: 1284
Re: Joypog's regularly changing AA (originally "The Desert Looking Glass Portfolio")
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...
- Sat Jun 25, 2022 5:19 pm
- Forum: Other Discussions
- Topic: YouTube Junkie
- Replies: 1174
- Views: 348046
Re: YouTube Junkie
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...
- Fri Jun 24, 2022 10:47 pm
- Forum: Politics
- Topic: The Left is Eating Itself Pt. II
- Replies: 846
- Views: 238074
- Fri Jun 24, 2022 2:25 pm
- Forum: Politics
- Topic: The Left is Eating Itself Pt. II
- Replies: 846
- Views: 238074
Re: The Left is Eating Itself Pt. II
ohh...I want to be objectified into my genatalia. Much more wholesome than using traditional words.
- Fri Jun 24, 2022 8:30 am
- Forum: Variable Portfolio Discussion
- Topic: Wade Pfau, Retirement Planning Guidebook, retirement styles
- Replies: 11
- Views: 334
Re: Wade Pfau, Retirement Planning Guidebook, retirement styles
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...
- Thu Jun 23, 2022 8:08 pm
- Forum: Variable Portfolio Discussion
- Topic: Wade Pfau, Retirement Planning Guidebook, retirement styles
- Replies: 11
- Views: 334
Re: Wade Pfau, Retirement Planning Guidebook, retirement styles
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...
- Thu Jun 23, 2022 11:39 am
- Forum: Other Discussions
- Topic: Bad Explanations for Inflation
- Replies: 1
- Views: 72
Re: Bad Explanations for Inflation
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...
- Wed Jun 22, 2022 11:56 pm
- Forum: Variable Portfolio Discussion
- Topic: Wade Pfau, Retirement Planning Guidebook, retirement styles
- Replies: 11
- Views: 334
Re: Wade Pfau, Retirement Planning Guidebook, retirement styles
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 ...
- Wed Jun 22, 2022 11:27 pm
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
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...
- Wed Jun 22, 2022 12:44 pm
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
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...
- Wed Jun 22, 2022 12:10 pm
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
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...
- Wed Jun 22, 2022 11:21 am
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
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...
- Wed Jun 22, 2022 11:19 am
- Forum: Variable Portfolio Discussion
- Topic: Wade Pfau, Retirement Planning Guidebook, retirement styles
- Replies: 11
- Views: 334
Wade Pfau, Retirement Planning Guidebook, retirement styles
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...
- Wed Jun 22, 2022 12:03 am
- Forum: Variable Portfolio Discussion
- Topic: Joypog's regularly changing AA (originally "The Desert Looking Glass Portfolio")
- Replies: 32
- Views: 1284
Re: Joypog's regularly changing AA (originally "The Desert Looking Glass Portfolio")
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...
- Mon Jun 20, 2022 6:26 pm
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
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% ...
- Mon Jun 20, 2022 6:15 pm
- Forum: Politics
- Topic: What polcies can be done to prevent mass shootings
- Replies: 217
- Views: 5593
Re: What polcies can be done to prevent mass shootings
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 ...
- Sat Jun 18, 2022 8:52 am
- Forum: Permanent Portfolio Discussion
- Topic: Absolutely brutal - 5/5
- Replies: 172
- Views: 8102
Re: Absolutely brutal - 5/5
The 10 year CAGR is a good addition, gives more context. I appreciate the weekly updates.
- Fri Jun 17, 2022 6:17 pm
- Forum: Permanent Portfolio Discussion
- Topic: Bitcoin in the PP?
- Replies: 78
- Views: 10722
Re: Inflation
Or would it incentivize the fed to inflate the debt away?Jack Jones wrote: ↑Fri Jun 17, 2022 4:58 amThe 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?
BTW that longtermtrends site seems freaking amazing.
- Thu Jun 16, 2022 4:26 pm
- Forum: Politics
- Topic: Is the PP Meant for Alt Right Extremists Only?
- Replies: 27
- Views: 5287
Re: Is the PP Meant for Alt Right Extremists Only?
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 ...
- Wed Jun 15, 2022 8:35 pm
- Forum: Other Discussions
- Topic: Rickards on Victoria, we're famous!
- Replies: 2
- Views: 125
Re: Rickards on Victoria, we're famous!
Very likely why the some nations have funnelled so much commerce via their social media sites.I Shrugged wrote: ↑Wed Jun 15, 2022 6:35 pmMost likely your phone and credit cards. That’s all they need.
- Wed Jun 15, 2022 9:47 am
- Forum: Politics
- Topic: What polcies can be done to prevent mass shootings
- Replies: 217
- Views: 5593
Re: What polcies can be done to prevent mass shootings
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...
- Tue Jun 14, 2022 7:38 pm
- Forum: Stocks
- Topic: Stock scream room
- Replies: 1463
- Views: 486718
Re: Stock scream room
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...