Search found 97 matches

by glennds
Thu Jun 04, 2015 1:40 pm
Forum: Permanent Portfolio Discussion
Topic: Major Change Coming Soon
Replies: 5
Views: 2649

Re: Major Change Coming Soon

I have been in PP for ten years. When it reaches deep losing levels (gold and treasuries both being taken to the woodshed from past highs and stocks on an endless run), a change is in the works. No way can one area drive the other three. Most inflection points come at highs and lows....get ready Wo...
by glennds
Thu Jun 04, 2015 1:36 pm
Forum: Permanent Portfolio Discussion
Topic: New PPer needs guidance.
Replies: 118
Views: 18743

Re: New PPer needs guidance.

At the risk of being accused of market timing, it may not be a bad idea to take the funds you've allocated for a Permanent Portfolio and ease in, perhaps over 3 or 4 quarters (in 33% or 25% increments). It just seems like markets are very volatile in recent times and phasing in may blunt some  of th...
by glennds
Fri May 29, 2015 10:20 am
Forum: Permanent Portfolio Discussion
Topic: New Strategies for Covering Long-Term Care Costs
Replies: 54
Views: 11207

Re: New Strategies for Covering Long-Term Care Costs

Surely the cruise comment was tongue-in-cheek because a cruise ship is certainly no place for someone in such condition, Not at all.  No one had specified any particular specific "condition."  For many elderly people, a cruise ship would be a perfectly wonderful place to be, and that includes many ...
by glennds
Thu May 28, 2015 3:37 pm
Forum: Permanent Portfolio Discussion
Topic: New Strategies for Covering Long-Term Care Costs
Replies: 54
Views: 11207

Re: New Strategies for Covering Long-Term Care Costs

Unfortunately, the root issue, as unsolvable and inevitable as it is, is the aging process itself. I'm not defending nursing homes by any means, but it is difficult to imagine a setting where suffering from incontinence of bowel and bladder, dementia, and general debilitation can look acceptable to ...
by glennds
Fri Feb 27, 2015 10:23 am
Forum: Permanent Portfolio Discussion
Topic: PP vs. Home equity (as percentage net worth), what's the right balance?
Replies: 30
Views: 8039

Re: PP vs. Home equity (as percentage net worth), what's the right balance?

I don't count my home equity as part of my portfolio. After all, I can't spend it (or eat it). :P I realize your comment was tongue-in-cheek. Certainly if you sold your home and monetized your equity, you could spend it. Maybe it's a question of semantics, but I get the impression that some people ...
by glennds
Mon Feb 02, 2015 4:44 pm
Forum: Permanent Portfolio Discussion
Topic: How Would The PP Perform In A Global Depression?
Replies: 25
Views: 7004

Re: How Would The PP Perform In A Global Depression?

I'm weird, even here: I don't like stocks, T-bonds, or very much cash in the form of USD. So that leaves gold and sound foreign currencies (e.g., CHF). Technovelist - A few questions if you wouldn't mind sharing your thought process: 1. Have your feelings about CHF been affected or not by their dec...
by glennds
Tue Jan 27, 2015 10:49 am
Forum: Permanent Portfolio Discussion
Topic: How Would The PP Perform In A Global Depression?
Replies: 25
Views: 7004

Re: How Would The PP Perform In A Global Depression?

2. Maybe, but it would obviously be better to gain massively in purchasing power than to stay even. As to how to do that, see answer to #1. Gaining massively in purchasing power sounds really, really good. Capital preservation and risk reduction is very appealing (to me) also. What do you feel is t...
by glennds
Mon Jan 26, 2015 12:34 pm
Forum: Permanent Portfolio Discussion
Topic: How Would The PP Perform In A Global Depression?
Replies: 25
Views: 7004

Re: How Would The PP Perform In A Global Depression?

I'm not sure I understand how it would be possible that all the asset classes would collapse, including the dollar and gold simultaneously. Regardless, I would raise two questions in response: 1. What strategy would preserve capital better than the Permanent Portfolio under the circumstances you're ...
by glennds
Thu Jan 22, 2015 4:34 pm
Forum: Permanent Portfolio Discussion
Topic: Is a 4% monthly gain likely to be followed by a monthly loss?
Replies: 9
Views: 3055

Re: Is a 4% monthly gain likely to be followed by a monthly loss?

technovelist wrote:
(Note: I realize this is silly. :P)
+1
by glennds
Wed Jan 14, 2015 10:35 am
Forum: Other Discussions
Topic: Music first or lyrics first?
Replies: 6
Views: 1050

Music first or lyrics first?

I'm mostly thinking about classic rock when asking this question, but do you feel more musician/songwriters write the music for a song first, and fit the lyrics to it, or do you feel most musicians write the lyrics to a song first and back-fill with the music? I'm not a musician, but I've always won...
by glennds
Thu Jan 08, 2015 4:58 pm
Forum: Permanent Portfolio Discussion
Topic: Is The PP Good For Investing?
Replies: 62
Views: 17132

Re: Is The PP Good For Investing?

A successful HBPP investor will have the following 2 qualities: 1. Accept the future is unknown and hold all 4 assets within acceptable tolerances (15/35). 2. Have confidence that rising asset/s will out-perform falling asset/s to produce a positive real return over time. Note that the PP has perfo...
by glennds
Thu Jan 08, 2015 9:10 am
Forum: Permanent Portfolio Discussion
Topic: Is The PP Good For Investing?
Replies: 62
Views: 17132

Re: Is The PP Good For Investing?

Good point. The operative word there was "seemingly" [/quote] I continue to think that the biggest risk to almost any PP investor is a state of sustained prosperity because that little 4-5% real PP return can get pretty boring when the stock market is providing double that seemingly without much eff...