Search found 932 matches

by KevinW
Sat Jan 11, 2020 2:53 pm
Forum: Permanent Portfolio Discussion
Topic: Any value in multiple ETFs?
Replies: 1
Views: 121

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: 635

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: 9706

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: 34975

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: 45
Views: 15126

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: 1826

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: 65
Views: 23155

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: 40
Views: 9955

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: 6529

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: 4803

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: 1191

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: 12
Views: 5053

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...