Search found 106 matches

by Tom
Fri Oct 02, 2015 12:46 pm
Forum: Permanent Portfolio Discussion
Topic: The value of physical gold
Replies: 130
Views: 18773

Re: The value of physical gold

anyone want to make a friendly bet that it is once again equity's that leads the charge out of this funk ? [/quote] Long term I think you're probably right.  But I think there's also a decent chance you'll see a gigantic drop in equities first.  If you held stocks through 2008 saying they'd recover ...
by Tom
Fri Oct 02, 2015 10:52 am
Forum: Permanent Portfolio Discussion
Topic: The value of physical gold
Replies: 130
Views: 18773

Re: The value of physical gold

TLT is also up a nice bit today.  Mathjak is right - it doesn't mean this isn't a blip that will reverse in a few days.  But I stick to my original theory - what we're seeing is the market having no clue which direction it's going in.  It will eventually pick and the asset that will do well will shi...
by Tom
Thu Oct 01, 2015 11:46 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

not all of us are willing to bet so heavy that the sky is falling . I'm assuming this statement is intended to imply that owning gold is a bet on the sky falling.  Why do you think all the central banks of the world still have so much gold? central banks hold lots of various things and change from ...
by Tom
Thu Oct 01, 2015 10:41 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

mathjak107 wrote:
not all of us are willing to bet so heavy that the sky is falling .
I'm assuming this statement is intended to imply that owning gold is a bet on the sky falling.  Why do you think all the central banks of the world still have so much gold?
by Tom
Mon Sep 28, 2015 7:31 pm
Forum: Permanent Portfolio Discussion
Topic: Mathjak's Market Calls
Replies: 155
Views: 25495

Re: Mathjak's Market Calls

well note the title on the thread . tom asked me to post the portfolio i use and the changes as i make them . it wasn't about anything else . Yep, that's the game.  Whatever you're using, funds or not.  Will be interesting to see.  The key is to properly track when and how much you by and sell in a...
by Tom
Mon Sep 28, 2015 1:04 pm
Forum: Permanent Portfolio Discussion
Topic: Mathjak's Market Calls
Replies: 155
Views: 25495

Mathjak's Market Calls

Let's do an experiment.  Since Mathjak seems to know the appropriate mix of assets to hold at all times and the correct times to get in and out of them, let's track it!  Mathjak, please post your current allocation pick and let us know when it changes.  We'll track it against the PP.  Only what's sa...
by Tom
Mon Sep 28, 2015 1:02 pm
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

in the short term golds reaction to our moderate inflation is anyone guess , could be up could be down . but the long term numbers over 40 years say that trying to protect against 40 years of inflation could have been better in any other asset . so as john templeton stated so well , the most expens...
by Tom
Mon Sep 28, 2015 8:54 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

personally i can't see betting my money on a plan that never changes with the times and the bigger picture and has demonstrated that long term there is no value in holding the remote flier longer then you have to . but it is your money , your choices  to do as you see fit . That's because you clear...
by Tom
Thu Sep 24, 2015 11:10 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

Stocks down 6.37% YTD today, PP down 3.36% with treasuries rallying.  I would guess there's a good chance that by end of year stocks and the PP will be within striking distance of each other in either direction, but the PP never saw a 10% correction where you had to wonder where the bottom would be...
by Tom
Thu Sep 24, 2015 9:35 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

You know what perversely gives me the most pleasure?  Days like today, with gold and TLT up, and stocks down.  So when I hear the Wall Street numbers on the radio or TV, I feel like I am in a secret club that isn't affected by downturns in stocks since that is nearly 100% of the focus of the media....
by Tom
Thu Sep 24, 2015 9:22 am
Forum: Permanent Portfolio Discussion
Topic: The Reason to Quit PP
Replies: 273
Views: 45142

Re: The Reason to Quit PP

Stocks down 6.37% YTD today, PP down 3.36% with treasuries rallying.  I would guess there's a good chance that by end of year stocks and the PP will be within striking distance of each other in either direction, but the PP never saw a 10% correction where you had to wonder where the bottom would be....
by Tom
Fri Sep 18, 2015 5:18 pm
Forum: Cash
Topic: Brokerage Firm as Your Bank
Replies: 20
Views: 9640

Re: Brokerage Firm as Your Bank

So you're going to use Fidelity's cash management account?  I'm curious to see how you like it.  I've been using an online bank for convenience and the relatively high interest rate on savings.  And to avoid fees - I got thoroughly fed up with Chase on that score. Keeping an account at a brick and ...