Search found 3118 matches

by sophie
Sun Oct 06, 2019 8:30 pm
Forum: Other Discussions
Topic: Meritocracy's Miserable Winners
Replies: 10
Views: 302

Re: Meritocracy's Miserable Winners

Hardworking outsiders no longer enjoy genuine opportunity [to join the top 5%]. WTF does this even mean? In his next sentence, he says that 3% of the middle/lower class will join the top 5%. Implying that 3% of the top 5% drops out of it. If there is 60% turnover in the top 5% over some period of t...
by sophie
Sun Oct 06, 2019 10:18 am
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 65
Views: 2944

Re: Gold / Stock / Bonds at highs or near highs?

Moving into the PP gradually from cash gives up some returns on average, but if it's easier for you to handle then that's completely justified. Another strategy: wait until the PP as a whole goes through a negative performing couple of months and then buy in. Whatever you do though, don't buy in one...
by sophie
Sun Oct 06, 2019 10:14 am
Forum: Other Discussions
Topic: Meritocracy's Miserable Winners
Replies: 10
Views: 302

Meritocracy's Miserable Winners

An interesting take on overwork vs. privilege, that somehow manages to conflate "diversity", class/race issues, and the fact that if you win the game and become a member of the elite you're likely to be miserable. https://www.theatlantic.com/magazine/archive/2019/09/meritocracys-miserable-winners/59...
by sophie
Sat Oct 05, 2019 10:42 am
Forum: Bonds
Topic: 10 Year Treasury in ETFs
Replies: 13
Views: 341

Re: 10 Year Treasury in ETFs

I personally have a strong preference for the cash & long term treasury (barbell) combination, over the 10 year ladder or intermediate fund, because it's so much more flexible, and there are many good things about having a big chunk of cash. Assuming the barbell really is equivalent to the 10 year b...
by sophie
Fri Oct 04, 2019 6:28 am
Forum: Gold
Topic: SWP: Another option for geographic diversification
Replies: 3
Views: 221

Re: SWP: Another option for geographic diversification

You'll still have FATCA reporting requirements though. From the investor's point of view, this is similar to the Perth Mint, except that it's backed up by Lloyd's of London rather than the Australian government.
by sophie
Fri Oct 04, 2019 6:21 am
Forum: Other Discussions
Topic: Monarchism
Replies: 17
Views: 470

Re: Monarchism

Ad, I'm curious...What were the problems with the Enlightenment? I hadn't heard that described negatively before. Also, you could make a case that the history of the Roman Church's dominion prior to the Reformation was no better than what you described post-Reformation: it effectively shut down scie...
by sophie
Wed Oct 02, 2019 7:30 am
Forum: Other Discussions
Topic: The Left is Eating Itself Pt. II
Replies: 416
Views: 32481

Re: The Left is Eating Itself Pt. II

dualstow wrote:
Tue Oct 01, 2019 7:13 pm
pugchief wrote:
Tue Oct 01, 2019 5:41 pm
dualstow wrote:Breaking: Schwab to end trading commissions

Great news for everyone except people who own Schwab stock.
O0 true! Or stock in similar firms. They fell, broadly.
Just got an email that TD Ameritrade is also eliminating all commissions on stocks and ETFs.

C'mon Fidelity...give!!!!!!
by sophie
Tue Oct 01, 2019 7:07 am
Forum: Stocks
Topic: DIY individual stock fund
Replies: 43
Views: 1282

Re: DIY individual stock fund

Thanks Pet Hog, and good luck! Buy as many stocks as you want of course. Eventually the list starts getting Too Long and you'll know when that happens. Even if we consider Kodak and GM going completely worthless, that would have been only $700 or so lost ($10,000 portfolio of 30 companies is $333 in...
by sophie
Tue Oct 01, 2019 6:46 am
Forum: Other Discussions
Topic: Boglehead topic best watch for $5000
Replies: 25
Views: 3524

Re: Boglehead topic best watch for $5000

I have the women's equivalent: an Ebel. It was a gift from my parents many years ago, and it's kind of like a piece of silver & gold jewelry. Being a woman's watch it doesn't have a second hand or numbers on the dial. I miss that sometimes (yes I find that kind of thing annoying...why can't women ha...
by sophie
Mon Sep 30, 2019 6:29 am
Forum: Stocks
Topic: DIY individual stock fund
Replies: 43
Views: 1282

Re: DIY individual stock fund

Slight logic problem! Apple was added to the Dow in 2015, and Cisco in 2009. So you're not comparing Dow stocks to the DJIA, you're comparing the DJIA to companies that started small and grew big enough to be elevated to Dow status. In short, you would need Dr. Who's Tardis in order to get a result ...
by sophie
Sun Sep 29, 2019 4:47 pm
Forum: Stocks
Topic: DIY individual stock fund
Replies: 43
Views: 1282

Re: DIY individual stock fund

That's right, I remember you did that too dualstow! I don't have it as a VP. I've got it within the PP stock allocation. I'm not trying to beat index funds, I just wanted to have a piece of my stock allocation under my own control. Among other things, this is just in case something in the fast-growi...
by sophie
Sun Sep 29, 2019 4:06 pm
Forum: Other Discussions
Topic: How news is made
Replies: 1
Views: 179

How news is made

This is an outstanding and humorous explanation of how "fake news" comes to be. The context is the controversy surrounding the low carbohydrate diet, but it applies beautifully to current political events - as the writer hints at one point in the article. When I tweeted a link to my post about the H...