Search found 2178 matches

by buddtholomew
Sat Mar 06, 2021 3:25 pm
Forum: Permanent Portfolio Discussion
Topic: COVID Stimulus Passes
Replies: 4
Views: 144

Re: COVID Stimulus Passes

We’re not talking about mom and pop on the street struggling to pay daily bills, but rather those who now have discretionary income to speculate.

1.9 Trillion is going somewhere.
Glad the money is going to those in need.
by buddtholomew
Sat Mar 06, 2021 1:58 pm
Forum: Permanent Portfolio Discussion
Topic: COVID Stimulus Passes
Replies: 4
Views: 144

COVID Stimulus Passes

Do we get another huge run-up in equities? Will it come in the Tech sector or somewhere else?
by buddtholomew
Fri Mar 05, 2021 4:24 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

It’s an uphill battle to convince someone that they made the right choice when the current outcome has been disappointing. More so when the alternative option for that individual has outperformed over the same timeframe. And to add icing on the cake, they went with a very conservative approach that ...
by buddtholomew
Fri Mar 05, 2021 8:16 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Hey look, stocks are up and GLD/TLT to follow...
by buddtholomew
Thu Mar 04, 2021 4:28 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

These discussions about how the PP sucks always come up at these times. And mj (and budd esp. on gold) are major negatory commenters on the pp. No disrespect. I have no problem with it, after years I am used to it. I keep on commenting because I hope to instill in younger investors that stocks aren...
by buddtholomew
Thu Mar 04, 2021 1:33 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

I’ll say it again at the risk of repeating myself ad nauseum.
Stocks down, gold and TLT down.
Stocks up, gold and TLT may catch a bid.

PP reduced to rubble...
by buddtholomew
Wed Mar 03, 2021 2:07 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

buddtholomew wrote:
Wed Mar 03, 2021 9:19 am
The portfolio has been reduced to 75% stocks/25% cash on down days as GLD and TLT search for a bottom.
Stocks go up, we see some life.
Stocks go down, GLD and TLT follow.
Do others recognize this pattern as well or am I full of shit?
by buddtholomew
Wed Mar 03, 2021 11:26 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

I have been buying IAU. I'm curious why the confidence in gold right now? I would think that as long as long term yields are rising gold will fall even more than LTTs and will only start outperforming once LTTs find a ceiling. It’s to counterbalance the excess amount in cash. I agree with your view...
by buddtholomew
Wed Mar 03, 2021 9:19 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

The portfolio has been reduced to 75% stocks/25% cash on down days as GLD and TLT search for a bottom. Stocks go up, we see some life. Stocks go down, GLD and TLT follow. I wanted with all my heart to stay 4x25 in taxable as I entered retirement on 4/20 but just couldn’t watch gains in TLT evaporate...
by buddtholomew
Wed Mar 03, 2021 8:50 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

It is not a question of gold or Tlt not doing anything ever ..no one said that . The issue is will they dig themselves into a hole so deep that their day in the sun won’t even pull them out or not be able to pull you out as an existing investor if stocks are the unfavored asset and fell . Newer inv...
by buddtholomew
Wed Mar 03, 2021 7:56 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Makes me sick since I’ve seen this never ending slide in GLD and TLT before (feeding off each other). I don’t own TLT and have reduced GLD to 15% of PP and only 5% of portfolio. TLT swapped for ITT’s. If your timeframe for the PP is less than “forever” would you even choose the portfolio in the firs...
by buddtholomew
Mon Mar 01, 2021 2:24 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Be weary of fighting the last war. At some point you perhaps have enough in LTT’s and Gold. If I was in your shoes, I would stand pat and wait until a re-balance band is triggered. You’ve already contributed more money to the lagging asset if/when a rebound occurs will benefit handsomely. No need to...
by buddtholomew
Fri Feb 26, 2021 9:21 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

And the PP shows it’s true colors.
Bought more IAU at 16.69
by buddtholomew
Fri Feb 26, 2021 8:11 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

mathjak107 wrote:
Fri Feb 26, 2021 8:09 am
I saw ...so watch gold sell off lol
I have a buy order for IAU this morning.
Time to start shoring up some of the losses.
by buddtholomew
Fri Feb 26, 2021 8:00 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Setting up a little better this morning MJ.
Hopefully TLT will hold these gains.
by buddtholomew
Thu Feb 25, 2021 3:39 pm
Forum: Bonds
Topic: David Rosenberg: Long Treasuries Are Still The Safest Asset Around
Replies: 66
Views: 3258

Re: David Rosenberg: Long Treasuries Are Still The Safest Asset Around

It is important to just understand that throwing equal amounts of money in to outcomes that are anything but equal as far as playing out does not mean you are not betting on the under dog with the same amount of money as the favorite and that in itself is a pretty heavy bet on the under dog odds Th...
by buddtholomew
Thu Feb 25, 2021 9:50 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Stocks down, gold and LTT’s down.
Nothing catches a bid unless stocks are up.
In TLT for another trade...
by buddtholomew
Thu Feb 25, 2021 8:04 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Everyone and their mother is waiting for a correction in stocks to stabilize yields.

One thing I’ve learned over and over with the PP is when the crisis fails to materialize rates will begin to rise. It’s a good idea to limp into LTT’s as I believe they will fall before rising if/when stocks decline.
by buddtholomew
Wed Feb 24, 2021 10:31 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

In at 139.38. Hopefully that’s it for now. Out 140.20. Stocks up, bonds recover; stocks down, bonds sell off. You guys jump in and out over a half a percentage point? I'm over here thinking 20% moves... It’s all around the edges for me. The AA is set; this is trading plain and simple. AA - 35/15/0/50
by buddtholomew
Wed Feb 24, 2021 9:25 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

In at 139.38.
Hopefully that’s it for now.

Out 140.20.
Stocks up, bonds recover; stocks down, bonds sell off.

Hahahah...who buys the bottom and then sells shortly thereafter?
by buddtholomew
Wed Feb 24, 2021 8:19 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Down 1.6% pre-market to 139.50. Buying at open. I should have waited a couple days, but I still believe that it will reverse. There are too many articles and talk about yields rising, blah, blah. When I have listened to the crowd in the past I have almost 100% of the time been on the wrong side. Re...
by buddtholomew
Wed Feb 24, 2021 8:12 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

I am just adding daily to get it back to the 600k I started with in it ...I have 600k in each and that is as high as I want ..but if an asset falls below I bring it back to 600 ...I have been adding to Tlt daily for weeks. Lol Sorry MJ, hope it pays off in the long run. Trading in and out of TLT wh...
by buddtholomew
Wed Feb 24, 2021 8:01 am
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Down 1.6% pre-market to 139.50.
Buying at open.
by buddtholomew
Tue Feb 23, 2021 2:41 pm
Forum: Variable Portfolio Discussion
Topic: mathjak's daytrading adventures
Replies: 889
Views: 59321

Re: mathjak's daytrading adventures

Looks like the air has come out of the balloon and we are ready to inflate again.