Search found 945 matches

by KevinW
Wed Apr 15, 2020 8:05 pm
Forum: Gold
Topic: New ETF option from State Street GLDM
Replies: 10
Views: 1940

Re: New ETF option from State Street GLDM

I'm using it.
by KevinW
Tue Mar 24, 2020 1:40 pm
Forum: Cash
Topic: Ok, everyone, time to go Treasury-only MMFs
Replies: 98
Views: 12381

Re: Ok, everyone, time to go Treasury-only MMFs

Like I either shift this Federal to Treasury and then later collapse the accounts. Or, tomorrow I collapse all the accounts and then Friday shirt Federal to Treasury. I don't think it will work to do all the same day. Slow and steady wins the race. Usually when I'm rebalancing or doing account main...
by KevinW
Wed Mar 18, 2020 10:31 pm
Forum: Cash
Topic: Ok, everyone, time to go Treasury-only MMFs
Replies: 98
Views: 12381

Re: Ok, everyone, time to go Treasury-only MMFs

I feel like someone should point out that if you keep each asset "pure of heart" at all times, you don't have to make these kinds of adjustments in the midst of market turmoil. 8)

I advocate keeping cash in T-bills or T-bill money market funds at all times.
by KevinW
Wed Mar 18, 2020 10:10 pm
Forum: Permanent Portfolio Discussion
Topic: EU-PP and PPeers
Replies: 13
Views: 2459

Re: EU-PP and PPeers

Kike Moreno wrote:
Wed Mar 18, 2020 11:22 am
I will stick to my plan, so I will rebalance (if needed) at the fixed date that I decided that I would check the portfolio every year, and using the rebalancing bands that I decided.
+1
by KevinW
Wed Mar 18, 2020 9:14 pm
Forum: Stocks
Topic: Extremely Simple Stock Question
Replies: 25
Views: 4272

Re: Extremely Simple Stock Question

Cortopassi wrote:
Tue Mar 17, 2020 9:02 pm
Mentally, having fewer holdings has always been beneficial for me.
+1, seems like a good opportunity to consolidate and simplify, with a low tax bill.
by KevinW
Tue Mar 10, 2020 2:08 pm
Forum: Permanent Portfolio Discussion
Topic: Transitioning from a Boglehead 60/40 to Permanent Portfolio
Replies: 55
Views: 6151

Re: Transitioning from a Boglehead 60/40 to Permanent Portfolio

Looking to transition to a Permanent Portfolio but it is looking like we're close to peak gold as it's currently at $1500 or so. Something tells me it may not be a good idea to put too much into a gold ETF at this point. Everyone considering the PP seems to say a variation on this, "I want to do th...
by KevinW
Tue Mar 10, 2020 2:03 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalance during these days of high volatility?
Replies: 25
Views: 4407

Re: Rebalance during these days of high volatility?

IMO, just follow your normal rebalancing strategy. If that says to rebalance, do; if not, don't.
by KevinW
Tue Mar 10, 2020 2:03 pm
Forum: Permanent Portfolio Discussion
Topic: The Permanent Portfolio May Be About To Break
Replies: 25
Views: 5941

Re: The Permanent Portfolio May Be About To Break

Just stick to the plan. Weeks like this are where the adage about "you should be able to read the newspaper without worry" comes into play.
by KevinW
Tue Mar 10, 2020 2:00 pm
Forum: Permanent Portfolio Discussion
Topic: Vanguard Wellesley Income Fund
Replies: 6
Views: 1788

Re: Vanguard Wellesley Income Fund

Yes it's a good conservative fund, especially for people that want a single-fund portfolio.
by KevinW
Tue Feb 18, 2020 5:53 pm
Forum: Gold
Topic: Which Gold ETF Would You Recommend Now?
Replies: 10
Views: 2939

Re: Which Gold ETF Would You Recommend Now?

GLDM or IAU due to low expenses.
by KevinW
Tue Feb 04, 2020 1:00 pm
Forum: Permanent Portfolio Discussion
Topic: Smith PP
Replies: 3
Views: 3379

Re: Smith PP

Cool!

I've noticed that a USA investor can get very close to a PP with an off-the-shelf retirement income fund and a little gold. For example roughly 80% Vanguard Target Retirement Income and 20% gold is pretty darn close to a 4x25 PP.
by KevinW
Tue Feb 04, 2020 12:56 pm
Forum: Permanent Portfolio Discussion
Topic: I'm Done!
Replies: 327
Views: 93497

Re: I'm Done!

If all I've said is true, then would Budd be the "Doubting Thomas" of this Forum? His posting conduct was more troublesome than that. He clearly had a lot of critiques of the PP, which is fine, but he posed them in an accusatory combative way. He was asked a few times, if you hate the PP so much, w...
by KevinW
Tue Feb 04, 2020 12:36 pm
Forum: Permanent Portfolio Discussion
Topic: slightly confused about rebalancing
Replies: 22
Views: 11435

Re: slightly confused about rebalancing

Monthly deposits go into cash. I check the portfolio annually with a calendar reminder, and also after a major finance-related world event that everyone's talking about (e.g. 9/11 or the 2008 global financial crisis). If it's within the 15/35 bands I do nothing, otherwise I rebalance to 4x25. (IIRC ...
by KevinW
Sat Jan 11, 2020 2:53 pm
Forum: Permanent Portfolio Discussion
Topic: Any value in multiple ETFs?
Replies: 1
Views: 552

Re: Any value in multiple ETFs?

is there any value in having my counterparty risk spread that way? Yes, splitting an asset across multiple ETF issuers hedges against an issuer going out of business suddenly or committing some kind of malfeasance. Harry Browne suggested splitting the stock allocation across multiple fund sponsors ...
by KevinW
Tue Dec 03, 2019 1:46 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio data
Replies: 6
Views: 1486

Re: Permanent Portfolio data

I use the 4 ETF tickers that are "purest" analogues for the PP assets, breaking ties with expense ratio or volume. Currently I'm using: VTI, TLT, GLDM, BIL
by KevinW
Tue Oct 29, 2019 7:18 pm
Forum: Permanent Portfolio Discussion
Topic: What is your current portfolio?
Replies: 36
Views: 16438

Re: What is your current portfolio?

My IRA is a 4x25 in ESGV, VGLT, VUSXX, GLDM, and some individual gold coins (since lost at sea ;D )

My 401k is essentially the same but uses the plan sponsor's cash and S&P500 funds.

Taxable cash is in an online savings account.
by KevinW
Tue Oct 08, 2019 9:34 pm
Forum: Stocks
Topic: Stock and ETF brokerage costs plunge
Replies: 79
Views: 57067

Re: Stock and ETF brokerage costs plunge

IMO this is a great trend for retail investors. As a 4x25 PP investor who rebalances annually, commissions have always been a minor consideration, and payments for my order flow are an extremely tiny consideration. Cash is commission-free so I'm only making a maximum of 3 trades per account per year...
by KevinW
Mon Sep 23, 2019 11:56 pm
Forum: Stocks
Topic: DIY individual stock fund
Replies: 49
Views: 29573

Re: DIY individual stock fund

It is common for a company's size ranking to bump up or down one rank from year to year. So the method of picking every k'th company will experience high turnover and suffer from tax inefficiency and transaction overhead. Probably the way to go is to just pick the top 50 (or whatever) largest compan...
by KevinW
Mon Sep 23, 2019 11:40 pm
Forum: Permanent Portfolio Discussion
Topic: Finding an Account Manager for PP
Replies: 15
Views: 3610

Re: Finding an Account Manager for PP

This firm endorses the PP: https://americanasset.net/

I have no connection or experience with them aside from reading their website, so do your due diligence. IIRC one of the principals has posted here a few times.
by KevinW
Mon Sep 23, 2019 11:34 pm
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 96
Views: 39913

Re: Gold / Stock / Bonds at highs or near highs?

All I can say is, I've been talking about the PP online since 2008 (11 years and counting!) and the entire time, people have been constantly asking this question. "I like the PP but this moment seems like a bad time to buy in because reasons, what should I do?" Throughout this time the PP has worked...
by KevinW
Mon Sep 23, 2019 11:11 pm
Forum: Permanent Portfolio Discussion
Topic: How many brokerage firms are you using?
Replies: 49
Views: 27596

Re: How many brokerage firms are you using?

I have two brokerages, my personal accounts are at Vanguard and my 401k is at Schwab. I plan on keeping most funds at Vanguard and a minority at either Schwab or Fidelity.
by KevinW
Tue Sep 10, 2019 7:59 pm
Forum: Gold
Topic: Acquiring gold as privately as possible
Replies: 7
Views: 9221

Re: Acquiring gold as privately as possible

Xan wrote:
Thu Aug 29, 2019 8:12 pm
I would think in person with cash is by far the most private option.
+1. Spend less than $10k at a time to avoid the reporting requirement, or being a particularly memorable transaction for the cashier.
by KevinW
Tue Jul 16, 2019 7:05 pm
Forum: Permanent Portfolio Discussion
Topic: A question only a PP novice could ask
Replies: 16
Views: 7215

Re: A question only a PP novice could ask

jhogue wrote:
Fri Jun 28, 2019 7:09 pm
Funds you need for 6 months to 1 year should be safe and liquid. Keep it in your Vanguard Treasury money market fund.
+1
by KevinW
Mon May 20, 2019 5:58 pm
Forum: Permanent Portfolio Discussion
Topic: Question about 401k plan allocations in the PP
Replies: 8
Views: 2146

Re: Question about 401k plan allocations in the PP

Either approach is probably fine. I use a brokerage window and am required to hold some assets in plan funds. I use the plan funds for cash and stocks and the brokerage window for gold and long-term bonds. I find it most convenient to let contributions accumulate in the cash fund, and then rebalance...
by KevinW
Mon May 20, 2019 5:55 pm
Forum: Cash
Topic: Fidelity - SHV BIL or TBILL ladder (auto roll)
Replies: 24
Views: 12343

Re: Fidelity - SHV BIL or TBILL ladder (auto roll)

SHV, BIL, or TBILL ladder (or auto roll as I see people calling on it on the forum) or maybe Fidelity short term treasury fund, or vanguard short term treasury fund (I think Fidelity will let me do this). I have the option to choose any of these. IMO, all of these options are perfectly fine. I'd pi...