Search found 714 matches

by rocketdog
Thu Jun 27, 2013 3:14 pm
Forum: Permanent Portfolio Discussion
Topic: Seeking advice: Do I have the wrong approach in my attempt at the PP in my 401k?
Replies: 22
Views: 3935

Re: Seeking advice: Do I have the wrong approach in my attempt at the PP in my 401k?

TennPaGa wrote: GTU instead of SGOL (GTU is currently available at a 6% discount)
OK, dumb question:  how did you determine that GTU is available at a 6% discount? 
by rocketdog
Thu Jun 27, 2013 3:08 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 51948

Re: PP investors--stay the course

Miners.  They go broke all the time.  Very volatile industry--which is why I play the sector and not individual companies.  Although, look at the largest miner in the world--Barrick.  5x earnings?  Absurd.  As a sector, the miners are nearing single digit PEs--levels we've only seen in the midst of...
by rocketdog
Thu Jun 27, 2013 3:05 pm
Forum: Permanent Portfolio Discussion
Topic: 2 months old PP, down -3%.
Replies: 88
Views: 17959

Re: 2 months old PP, down -3%.

I don't know about anyone else, but when I made my initial PP buy-in I told myself that no matter when I took the plunge at least one of the assets I bought was going to start losing money almost immediately.  But I was wrong... because two of the assets started losing money almost immediately!  :o ...
by rocketdog
Thu Jun 27, 2013 1:59 pm
Forum: Other Discussions
Topic: Finance and Investing Books
Replies: 38
Views: 6904

Re: Finance and Investing Books

I just read an interesting book called "How To Retire Early and Live Well With Less Than A Million Dollars."  It was interesting because it was published in 2000, so the author was unaware of what would be happening in the markets.  Allegedly the author retired in 1981 at age 29 with a portfolio wor...
by rocketdog
Thu Jun 27, 2013 9:32 am
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 51948

Re: PP investors--stay the course

All I can say is, "Thank goodness for my VP!"  :o Amen, brother! My VP is saving my bacon right now, +40% ytd. Makes me a little sick to think that I sold some VP and moved it into PP earlier this year, but whatever...  :'( please do tell about your VP What do you want to know?  My VP is equity-hea...
by rocketdog
Thu Jun 27, 2013 9:01 am
Forum: Permanent Portfolio Discussion
Topic: 2 months old PP, down -3%.
Replies: 88
Views: 17959

Re: 2 months old PP, down -3%.

What do you mean?  If you buy a 5-year bond for $1,000 and hold it to maturity, you get your entire $1,000 back. I think what he's getting to is that if there's, say, 10% inflation during every one of those years, that $1,000 you get back will only have the purchasing power of $590. 10% inflation f...
by rocketdog
Thu Jun 27, 2013 8:59 am
Forum: Permanent Portfolio Discussion
Topic: 2 months old PP, down -3%.
Replies: 88
Views: 17959

Re: 2 months old PP, down -3%.

This may not be the best spot for this after what Catacomb posted, but how is everyone tracking their rebalancing bands? Do you all just use a spreadsheet, and manually update the data based on the current day's prices? I've downloaded some of the spreadsheets on the forum previously, but I'm wonde...
by rocketdog
Thu Jun 27, 2013 8:51 am
Forum: Permanent Portfolio Discussion
Topic: 2 months old PP, down -3%.
Replies: 88
Views: 17959

Re: 2 months old PP, down -3%.

90% bonds? Unless they're all ultra short-term, you'll get crushed when interest rates normalize, which they will.  If you're smarter and faster than all the professional bond traders, financial "insiders," FED, ECB, etc, then.... You can avoid catastrophe with bonds by purchasing high-quality bond...
by rocketdog
Wed Jun 26, 2013 1:49 pm
Forum: Permanent Portfolio Discussion
Topic: PP is WAY DOWN...:(
Replies: 30
Views: 9331

Re: PP is WAY DOWN...:(

Honestly, the time spent fretting over your investments is a tremendous waste of energy. If you index, pay low expense, and have wide diversification, that is 99% of the game. If you have a wife/husband, take them out to dinner or go for walk. If you like whiskey, enjoy a (small) glass. Drink some ...
by rocketdog
Wed Jun 26, 2013 1:34 pm
Forum: Permanent Portfolio Discussion
Topic: 2 months old PP, down -3%.
Replies: 88
Views: 17959

Re: 2 months old PP, down -3%.

Currently I'm considering some more solid investments like 10% stocks / 90% AAA bonds local mutual funds. 90% bonds? Unless they're all ultra short-term, you'll get crushed when interest rates normalize, which they will.  If you're smarter and faster than all the professional bond traders, financia...
by rocketdog
Wed Jun 26, 2013 1:24 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 51948

Re: PP investors--stay the course

I think the thing that's been most disturbing over the past 6 months is watching bonds and gold behaving almost in lock-step.  Gold is down 25%-30% for the year (depending on which fund you track) and bonds are down about 11% YTD.  Stocks are up around 12%, which is enough to offset the loss in bond...
by rocketdog
Mon Jun 24, 2013 12:55 pm
Forum: Other Discussions
Topic: CA Passes Bill Requiring Permit to Buy Ammo
Replies: 1
Views: 611

CA Passes Bill Requiring Permit to Buy Ammo

Just got back from a 10-day vacation last night (with no Internet access the whole time, hence my MIA status on the forums).  I'm swamped trying to catch up at work, but this story caught my eye so I thought I'd log in quick and share: http://pjmedia.com/tatler/2013/06/17/california-senate-passes-bi...