I’ve said it here a billion times. The ONLY thing that separates the PP from a traditional, passive portfolio is Gold. All others have some allocation to stocks, bonds and cash. Gold has proven once again its relationship to unexpected high inflation is putrid. PP followers hold Gold for this very “...

Do people still believe in this horse shit?
I would have a hard time explaining to anyone why I was still sitting in this awful portfolio.
Hopefully this year finally sinks this portfolio and the site forever.

If it's any consolation: https://portfolioslab.com/lazy-portfolios Makes me feel better until I look at the 10 year returns, where the PP is third to last :( There should be no surprise there if you did your homework before investing. Things "may" equalize if the bear stock market is bad ...

fucking idiots Gave me a laugh at least. What is your recommended portfolio allocation? No Gold or LTT’s. I can’t think of a worse portfolio to hold than this one for the last decade plus. All a bunch of garbage. It has proven its worthlessness time after time. If no gold or LTTs, what do you hold?...

fucking idiots Gave me a laugh at least. What is your recommended portfolio allocation? No Gold or LTT’s. I can’t think of a worse portfolio to hold than this one for the last decade plus. All a bunch of garbage. It has proven its worthlessness time after time. If no gold or LTTs, what do you hold?...

fucking idiots Gave me a laugh at least. What is your recommended portfolio allocation? No Gold or LTT’s. I can’t think of a worse portfolio to hold than this one for the last decade plus. All a bunch of garbage. It has proven its worthlessness time after time. If no gold or LTTs, what do you hold?...

whatchamacallit wrote: ↑Thu Sep 15, 2022 10:04 am

buddtholomew wrote: ↑Thu Sep 15, 2022 9:58 am fucking idiots

Gave me a laugh at least.

What is your recommended portfolio allocation?

No Gold or LTT’s.
I can’t think of a worse portfolio to hold than this one for the last decade plus. All a bunch of garbage. It has proven its worthlessness time after time.

fucking idiots

Gold is completely useless.
Unexpected inflation tops 8% and we are down 7% + inflation over the course of a year.
I really do pity those still invested in the PP.
What more do you need to see before you dump it?

Smith1776 wrote: ↑Thu Sep 01, 2022 10:11 am

buddtholomew wrote: ↑Thu Sep 01, 2022 9:19 am honestly…down the toilet you go
TLT -2.2%, GLD -1.1%
cinco de mayo, bye bye yo…

lmao ok

You have a bear market in 2/3 assets.
Not sure what’s so funny.
A down day of 1% can cost me around 100K+.
It pays not to have taken the LTT losses.

I don’t hold LTT’s so I have been spared the rout. If you go back a few threads you’ll see me write “soon people on this board will be touting the 25% cash position as the saving grace”. Also, cash has not done its job as it has under-performed inflation. Point is the PP has an achilles heal and ri...

On another note: I love that I've adopted a strategy that most people don't like, or even despise. Going with the crowd and the "cheery consensus" hardly yields good results. Give me unusual any day of the week. SPY YTD -17% TLT YTD -22% GLD YTD -5% How could you possibly be comfortable w...

On another note: I love that I've adopted a strategy that most people don't like, or even despise. Going with the crowd and the "cheery consensus" hardly yields good results. Give me unusual any day of the week. SPY YTD -17% TLT YTD -22% GLD YTD -5% How could you possibly be comfortable w...

Budd, serious question, why do you continue to frequent the forum if this strategy causes you this much angst and irritation? Also, Budd ... I try to see the whole person rather than some limited things the person expresses opinions on here. Therefore I have valued your presence here. Particularly ...

Thanks for banning me Xan. Even more time to reflect how pathetic this portfolio is along with the crooks that sold it as the holy grail. Good riddance to all of you. Economic climates, one asset will buoy the portfolio…what a joke…all cratered at the same time. Thanking my lucky stars I abandoned ...

Xan wrote: ↑Tue Aug 30, 2022 3:28 pm Budd, I recommend trying to get every cent out of the "crooks" that they got from you.

I doubt they have any to give.
Dying portfolio, dying site…
Good luck to you.

Thanks for banning me Xan. Even more time to reflect how pathetic this portfolio is along with the crooks that sold it as the holy grail. Good riddance to all of you. Economic climates, one asset will buoy the portfolio…what a joke…all cratered at the same time. Thanking my lucky stars I abandoned t...

I was ridiculed for years because I didn’t ascribe to the philosophy that one or more assets would buoy the portfolio in times of economic distress. We are now witnessing this distress first-hand and the PP has proven it does not have the ability to overcome an inflationary environment with rising i...

it’s ok, everyone knows what they’re dealing with now.

Take the PP and shove it [ edited ]

The pp is still right in there with other portfolios of equal or close equity allocations that have no gold . The model I use is doing slightly better then the pp and has totally different holdings although same equity levels but certainly not a lot of difference between them . If anything I think ...

Take Gold and the PP and bury them both.
Useless as always.

[quote=dockinGA post_id=239829 time=1651332839 user_id=3661] [quote=buddtholomew post_id=239821 time=1651280338 user_id=83] [quote=dockinGA post_id=239820 time=1651276453 user_id=3661] [quote=buddtholomew post_id=239812 time=1651265958 user_id=83] [quote=dockinGA post_id=239811 time=1651265596 user_...

Why would you bother investing in a portfolio that fails during the most in-opportune time? Case in point, YTD stocks down 13%, LTT’s down 16%, Gold up 5% and Cash down whatever inflation is at the moment. Case 2, today, stocks down 3.5%, LTT’s down 1.35% and Gold down/flat as well. Seems like a lo...

Why would you bother investing in a portfolio that fails during the most in-opportune time? Case in point, YTD stocks down 13%, LTT’s down 16%, Gold up 5% and Cash down whatever inflation is at the moment. Case 2, today, stocks down 3.5%, LTT’s down 1.35% and Gold down/flat as well. Seems like a lo...