Search found 183 matches

by PP67
Thu Oct 24, 2019 1:00 pm
Forum: Other Discussions
Topic: Is Trump doing a good job?
Replies: 160
Views: 9464

Re: Is Trump doing a good job?

A tad of a tangent but addresses some the drainage issues in DC that some might think Trump is threatening.... Here's Why 97% Of Congress Get Re-Elected Each Year It’s called an incumbent protection system. Taxpayers have a right to know how it works. Recently, our auditors at OpenTheBooks.com, mash...
by PP67
Mon Oct 07, 2019 3:06 pm
Forum: Other Discussions
Topic: Estate Taxes
Replies: 32
Views: 5670

Re: Estate Taxes

Why wait until you die? Sanders' wealth tax plan would would raise a $4.35 trillion over 10 years, Saez and Zucman estimated, to pay for programs such as "Medicare for all" and universal child care. It would apply to households with a net worth above $32 million, which is about 180,000 households — ...
by PP67
Tue Sep 24, 2019 8:59 am
Forum: Permanent Portfolio Discussion
Topic: American Asset Management Inc.
Replies: 30
Views: 7895

Re: American Asset Management Inc.

Here's an article which would seem to suggest that American Asset Management does not strictly adhere to the standard HBPP philosophy of holding 4x25% at all times. During this period of political transition, cash has become king for some investors. Among them is Julian Rubinstein, founder and presi...
by PP67
Tue Sep 24, 2019 8:52 am
Forum: Permanent Portfolio Discussion
Topic: American Asset Management Inc.
Replies: 30
Views: 7895

Re: American Asset Management Inc.

Here's an old thread pertaining to American Asset Management that you might find interesting... Lot's of oldies but goodies contributors back then.
by PP67
Wed Aug 21, 2019 10:49 am
Forum: Variable Portfolio Discussion
Topic: The Top 4 Portfolios to Recession-Proof Your Investments
Replies: 12
Views: 5427

Re: The Top 4 Portfolios to Recession-Proof Your Investments

Cue the Twiglight Zone theme song! Yesterday I heard friend of mine who is a high net worth individual financial advisor (you should see his "yacht!") who was keeping 20% of his assets in cash and advocating that if you can get 3% unrisked you should jump on it. That got me thinking more than usual ...
by PP67
Mon Aug 12, 2019 1:01 pm
Forum: Other Discussions
Topic: Epstein
Replies: 93
Views: 16474

Re: Epstein

I thought the quote of the day belonged to John McAfee: "I was stunned by Epstein's suicide, though probably not as much as Epstein himself."

One has to wonder (or certainly Ghillaine Maxwell should be wondering) if Maxwell might get "suicided" as well...
by PP67
Tue Jun 11, 2019 5:02 pm
Forum: Permanent Portfolio Discussion
Topic: 3 years of PP returns
Replies: 25
Views: 3361

Re: 3 years of PP returns

Taylor's portfoliocharts site is an incredibly informative resource for seeing the expected range of performance of the PP and a good many other portfolios after 3 years. For the PP, the historic real CAGRs after 3 yrs is -0.4% minimum, 4.4% median and 11.2% maximum so really anything between a -0.4...
by PP67
Wed Apr 17, 2019 12:27 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2623
Views: 491079

Re: The GOLD scream room

I think for some of us is would just be wise to stay out of the sausage factory.
by PP67
Mon Mar 11, 2019 1:11 pm
Forum: Other Discussions
Topic: The Left is Eating Itself Pt. II
Replies: 431
Views: 45953

Re: The Left is Eating Itself Pt. II

This may be a combination of you-find-what-you’re-looking-for and/or fake news but I found this video more than a bit disturbing.

I’d love better minds than mine give me their opinion.

Thanks!

https://www.youtube.com/watch?v=1h5iv6sECGU&app=desktop
by PP67
Mon Dec 31, 2018 12:53 pm
Forum: Permanent Portfolio Discussion
Topic: Carnac The Magnificence's 2019 Predictions
Replies: 3
Views: 1987

Carnac The Magnificence's 2019 Predictions

Agnostics aside, over the years it has been fun to see the range of what people think the various assets will perform in the upcoming year.

What %change do you foresee for each of the various PP assets (stocks, bonds, gold, cash) as well as the overall PP?
by PP67
Wed Oct 10, 2018 12:54 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2623
Views: 491079

Re: The GOLD scream room

FIW According to Bloomberg's Billionaire Index, The world’s wealthiest people have, in aggregate, lost 2 percent of their wealth so far this year...
by PP67
Tue Jun 12, 2018 5:29 pm
Forum: Other Discussions
Topic: More Than Half of Millenials Expect to Be Millionaires
Replies: 14
Views: 3309

Re: More Than Half of Millenials Expect to Be Millionaires

I thought that elderberry wine the kids have been bringing over was a bit off... :)