Search found 9588 matches

by MediumTex
Tue Apr 27, 2010 9:53 pm
Forum: Other Discussions
Topic: Greece: Going to go bust or not?
Replies: 16
Views: 6993

Re: Greece: Going to go bust or not?

The Greek economy generates insufficient surpluses to permit the repayment of their debt under any set of circumstances. Since Greece has no printing press, the debt must be restructured or liquidated.  It's just a question of how it's going to happen and whether it will happen sooner or later.  Wit...
by MediumTex
Tue Apr 27, 2010 6:25 pm
Forum: Permanent Portfolio Funds
Topic: Are the PRPFX holdings audited?
Replies: 10
Views: 6451

Re: Are the PRPFX holdings audited?

If I recall correctly, Browne was one of the founders of PRPFX in 1982 and invested some of his money in the fund. Not exactly.  Terry Coxon, Browne's collaborator and protege started the fund.  I don't know if Browne ever personally invested in the fund. Browne preferred the 4x25% approach, but co...
by MediumTex
Mon Apr 26, 2010 11:00 pm
Forum: Cash
Topic: Using I Bonds for Cash
Replies: 32
Views: 13069

Re: Using I Bonds for Cash

I think I-bonds are awesome.  One of the things they do is instantly expand your tax-deferred space.  People will catch on to this one day I am sure. In your view, are there any limits to how far this can be taken?  Hypothetically, would you be willing to hold 100% of your cash in I-bonds during th...
by MediumTex
Mon Apr 26, 2010 8:48 pm
Forum: Cash
Topic: Using I Bonds for Cash
Replies: 32
Views: 13069

Re: Using I Bonds for Cash

MediumTex - Yes - I was referring to I series savings bonds.   If it's OK to use them for all or most of the cash component, then it certainly would allow me to "stretch" my annual contributions much further since, as you suggest, I'd probably need most of my available tax deferred space for LT Tre...
by MediumTex
Mon Apr 26, 2010 8:45 pm
Forum: Bonds
Topic: Has Anyone Bought Zeros Instead?
Replies: 3
Views: 3454

Re: Has Anyone Bought Zeros Instead?

I believe they are about 1.5 times as volatile as similar duration coupon bonds.

I own a little EDV.
by MediumTex
Mon Apr 26, 2010 5:49 pm
Forum: Cash
Topic: Using I Bonds for Cash
Replies: 32
Views: 13069

Re: Using I Bonds for Cash

Do you mean I series savings bonds or TIPS?  I am a big fan of I series savings bonds for the cash piece.  I don't like TIPS at all. I don't think there is any magic formula for tax deferred vs. non-tax deferred holdings with respect to keeping some rebalancing powder dry.  It probably makes sense (...
by MediumTex
Mon Apr 26, 2010 3:11 pm
Forum: Variable Portfolio Discussion
Topic: chicken or egg?
Replies: 2
Views: 2951

Re: chicken or egg?

I think that pattern is probably common right now just because fear is still pretty prevalent among investors.  As fear begins to wane, however, I imagine that risk appetite will steadily return and the perception of the PP will once again shift from being too risky to being too conservative. The de...
by MediumTex
Mon Apr 26, 2010 12:51 pm
Forum: Gold
Topic: goldmoney.com
Replies: 4
Views: 4537

Re: goldmoney.com

I don't know anything about this company specifically other that what I see in the ads, but conceptually it strikes me as one of those solutions that is more complicated than the problem. Assuming it is legit I'm not saying it may not be right for some people, it just strikes me as a maze of potenti...
by MediumTex
Mon Apr 26, 2010 10:59 am
Forum: Cash
Topic: ETF options for the cash component
Replies: 7
Views: 5631

Re: ETF options for the cash component

One just gives you a little longer treasury exposure and more sensitivity to interest rates. 
by MediumTex
Mon Apr 26, 2010 10:25 am
Forum: Cash
Topic: ETF options for the cash component
Replies: 7
Views: 5631

Re: ETF options for the cash component

SHY and SHV
by MediumTex
Mon Apr 26, 2010 12:10 am
Forum: Permanent Portfolio Discussion
Topic: Does Permanent Portfolio protect against GDP shrinkage + currency debasement?
Replies: 7
Views: 4731

Re: Does PP protect against GDP shrinkage + currency debasement?

I think the short answer is what I have said before--if the U.S. is losing, who is winning?

The U.S. only looks bad until you look everywhere else.

A U.S.-based PP might break down at some point, but until it does I'm not worried about it.
by MediumTex
Sun Apr 25, 2010 11:53 pm
Forum: Permanent Portfolio Discussion
Topic: Welcome to the discussion forum
Replies: 11
Views: 5830

Re: Welcome to the discussion forum

What a nice surprise.

Thanks craig.