Search found 1061 matches

by I Shrugged
Sat Sep 12, 2015 7:40 pm
Forum: Other Discussions
Topic: Apparently at least some of the posters on this forum are real people
Replies: 11
Views: 1558

Re: Apparently at least some of the posters on this forum are real people

I had hoped to get through PSville last winter but it didn't happen.  This fall or winter it should be happening.
by I Shrugged
Tue Sep 08, 2015 9:39 pm
Forum: Other Discussions
Topic: Another large stash of cash
Replies: 6
Views: 2289

Re: Another large stash of cash

They do have a decent amount of liquid cash.  I'm not sure how much but I'm confident it would carry them till a shorter term CD would mature.  I was thinking something like 6, 12, 24 month CDs?  Or more like 3, 6, 12, then keep rolling each one into a new 12? They don't have long term care insuranc...
by I Shrugged
Tue Sep 08, 2015 6:56 pm
Forum: Other Discussions
Topic: Another large stash of cash
Replies: 6
Views: 2289

Another large stash of cash

I am helping with relatives who are about to sell their house and net $350,000.  They are 87 & 90 years old, still getting around.  They have moved to an apartment.  They have no brokerage account.  They get enough income from pensions and SS to pay all of their expenses, until someone needs nursing...
by I Shrugged
Mon Sep 07, 2015 8:30 am
Forum: Other Discussions
Topic: Happy Labor Day Weekend
Replies: 4
Views: 635

Re: Happy Labor Day Weekend

Labor Day, when all the media tells us how bad we've got it.  Followed in a few weeks by Thanksgiving, when all the media tells us how good we've got it.
:)
by I Shrugged
Mon Sep 07, 2015 7:45 am
Forum: Other Discussions
Topic: Advice Needed re Large Stash of Cash
Replies: 25
Views: 6499

Re: Advice Needed re Large Stash of Cash

Well the senility is a problem.  It's now up to her to manage the money as she sees fit.  Not many people are comfortable with having large sums of cash in their house.
by I Shrugged
Sat Aug 29, 2015 8:52 pm
Forum: Permanent Portfolio Discussion
Topic: Is it a good idea to replace gold with gold mining stocks in PP?
Replies: 12
Views: 3117

Re: Is it a good idea to replace gold with gold mining stocks in PP?

In the 2008-9 meltdown, gold stocks went down while gold went up.  I learned that lesson the hard way.
by I Shrugged
Wed Aug 26, 2015 6:55 pm
Forum: Permanent Portfolio Discussion
Topic: PSA: I now have a 3-year period with no gains
Replies: 276
Views: 51902

Re: PSA: I now have a 3-year period with no gains

In a zero interest rate environment, without much in the way of action, the PP is not going to produce much of a return.  I've said so before but nobody agreed.  Just a voice in the wilderness.... <sniffle>
by I Shrugged
Mon Aug 17, 2015 7:48 pm
Forum: Permanent Portfolio Discussion
Topic: Opportunity Cost for PP
Replies: 9
Views: 1594

Re: Opportunity Cost for PP

I was using it for a rent versus buy scenario on a house.  In the end, I think I was mostly trying to convince myself that we should not buy a house.
:)

Anyway, my number, based on recent performance, was going to be 3% nominal.
by I Shrugged
Mon Aug 17, 2015 6:43 am
Forum: Permanent Portfolio Discussion
Topic: Opportunity Cost for PP
Replies: 9
Views: 1594

Re: Opportunity Cost for PP

sorry , the crystal ball is not working that well. there is really no way to project out with so many variables and conditions. we have high stock valuations and low interest rates which never happened before together . as well as lots of potential negatives for every asset in the pp as well as con...
by I Shrugged
Mon Aug 17, 2015 6:41 am
Forum: Permanent Portfolio Discussion
Topic: Opportunity Cost for PP
Replies: 9
Views: 1594

Re: Opportunity Cost for PP

Thanks Barrett. 
by I Shrugged
Sun Aug 16, 2015 7:23 pm
Forum: Permanent Portfolio Discussion
Topic: Opportunity Cost for PP
Replies: 9
Views: 1594

Opportunity Cost for PP

If you were to do a calculation for opportunity cost for money that could be in the PP but was not, for the next five years, what percentage would you use?  I'll give my thoughts after the answers so as not to anchor anyone else's guesstimate.  Plus maybe I'm way off in my thinking. Edit to add:  I'...
by I Shrugged
Mon Aug 10, 2015 6:39 pm
Forum: Other Discussions
Topic: Housing bubble
Replies: 16
Views: 3121

Re: Housing bubble

I have friends who live in a midwest town that suffered a large tornado hit.  People are finding that the cost to rebuild a house is a lot more than the market value of the house.  So a person had a 2000 sq ft house worth say $230K.  But to rebuild it, the insurance payout is say $300K. Some people ...