Search found 12 matches

by tbone
Fri Nov 02, 2012 2:01 pm
Forum: Permanent Portfolio Discussion
Topic: Global Stocks in UK PP
Replies: 2
Views: 2514

Global Stocks in UK PP

Hi Guys, Magneto raised a question about holding a fund that tracks a global stock index, rather than the local UK FTSE All Share here : http://gyroscopicinvesting.com/forum/http://77.104.139.218/~gyroscop/phpBB3/viewtopic.php?p=47628#p47628  - one concern I've seen raised relating to this is the cu...
by tbone
Wed Oct 31, 2012 9:28 am
Forum: Permanent Portfolio Discussion
Topic: UK PP & ISAs
Replies: 3
Views: 2718

Re: UK PP & ISAs

Gotcha, thanks Gizmo.
by tbone
Tue Oct 30, 2012 4:26 pm
Forum: Permanent Portfolio Discussion
Topic: UK PP & ISAs
Replies: 3
Views: 2718

UK PP & ISAs

Hi Guys, I'm looking to setup a UK PP and I'm wondering about the best way to structure it taking into account the advantages of the tax-exempt ISA wrapper given that I have more to invest than will fit in one ISA subscription. I'm planning on holding: LTT: TR60.L - exempt from capital gains tax STT...
by tbone
Thu Aug 18, 2011 9:32 am
Forum: Permanent Portfolio Discussion
Topic: Anyone else implementing a Permanent Portfolio in the UK?
Replies: 9
Views: 6266

Re: Anyone else implementing a Permanent Portfolio in the UK?

tbone wrote: Does anyone know if there are any funds available that track short or long dated UK treasuries? 
Actually, ignore that - I think the annual management fees for funds are going to exceed the dealing costs for Gilts, so no point.
by tbone
Thu Aug 18, 2011 9:22 am
Forum: Permanent Portfolio Discussion
Topic: Anyone else implementing a Permanent Portfolio in the UK?
Replies: 9
Views: 6266

Re: Anyone else implementing a Permanent Portfolio in the UK?

Does anyone know if there are any funds available that track short or long dated UK treasuries?  I was going to buy them through Hargreaves Landsdown, but it turns out gilts have to be bought over the phone, so the dealing charges go from 11 quid to about 50 :(  So I was wondering of there are funds...
by tbone
Wed Aug 17, 2011 4:31 am
Forum: Permanent Portfolio Discussion
Topic: Anyone else implementing a Permanent Portfolio in the UK?
Replies: 9
Views: 6266

Re: Anyone else implementing a Permanent Portfolio in the UK?

Hey Guys, I'm just going through the process of setting up a UK based PP too, so I'd like to add my thanks for the above info too :)

Which index fund do you use Jake, are they all much of a muchness? I was looking at the HSBC one. 

Tim.
by tbone
Tue Aug 16, 2011 3:39 pm
Forum: Permanent Portfolio Discussion
Topic: Why 25% equal weightings?
Replies: 14
Views: 7130

Re: Why 25% equal weightings?

Clive wrote: Out of the 25 Lazy Portfolio's tracked in Simba's Backtest spreadsheet the PP came last for annualised gains. Over a 40% difference between the best (Ultimate buy and hold) and worse (PP) annualised gains.
...so I was missing something! ::) Thanks for the info Clive.

Tim.
by tbone
Tue Aug 16, 2011 9:15 am
Forum: Permanent Portfolio Discussion
Topic: Why 25% equal weightings?
Replies: 14
Views: 7130

Re: Why 25% equal weightings?

From the historical performance stats I've seen aren't the PP returns already pretty close to the stock market's return over the long term? In which case, is the goal of the tweaks to do the near impossible and beat the market (consistently)?  Or is there some other benefit I'm missing?

T
by tbone
Tue Aug 16, 2011 4:59 am
Forum: Permanent Portfolio Discussion
Topic: UK PP
Replies: 2
Views: 3022

Re: UK PP

Tim, for the cash (or some of it anyway) is it worth considering index-linked savings certificates from NSI. They are government debt, tax free and pay higher interest than anything else (RPI+0.5% ie >5%). Basically they are a government give away to appease savers. Thanks Stone, I'll check that ou...
by tbone
Tue Aug 16, 2011 4:43 am
Forum: Permanent Portfolio Discussion
Topic: UK PP
Replies: 2
Views: 3022

UK PP

Hi Folks, After having read Fail Safe Investing (what a breath of fresh air!) and this forum, I'm about ready to set up my UK based PP, this is what I've select so far: Gold PHGP (http://www.etfsecurities.com/cslgb/etfs_physical_gold_gb.asp).  This is going to be my starting point.  Ultimately I was...
by tbone
Mon Jul 18, 2011 3:42 am
Forum: Permanent Portfolio Discussion
Topic: Why Investors Should Fear The Permanent Portfolio
Replies: 109
Views: 53771

Re: Why Investors Should Fear The Permanent Portfolio

tbone, I entirely agree that in an ideal world, wheat speculators would buy low and sell high and so provide a more even price for farmers and consumers. We don't live in such an ideal world and it is rash to pretend that we do.  My understanding is that the structure of the market is such that sys...
by tbone
Fri Jul 15, 2011 5:11 pm
Forum: Permanent Portfolio Discussion
Topic: Why Investors Should Fear The Permanent Portfolio
Replies: 109
Views: 53771

Re: Why Investors Should Fear The Permanent Portfolio

Hi Stone, Personally, I would never save in agricultural commodities because it seems to have caused mispricings that have starved people eg: http://www.independent.co.uk/opinion/commentators/johann-hari/johann-hari-how-goldman-gambled-on-starvation-2016088.html Tim Worstal responded to this on his ...