Search found 689 matches

by BearBones
Tue May 10, 2011 7:18 pm
Forum: Other Discussions
Topic: foreign bank account
Replies: 9
Views: 2288

Re: foreign bank account

Depends on where you live and what banks are around, I suppose. Ideally, it would be nice to have the account in the other country. So, if anywhere close to Canada, I'd second MTs idea. Canada has an abundance of natural resources and a very sound banking system. If you had <$10K, it would not have ...
by BearBones
Tue May 10, 2011 5:59 am
Forum: Other Discussions
Topic: Exponential growth (again)
Replies: 17
Views: 4890

Re: Exponential growth (again)

All wise words, MT. I have enjoyed this discussion. Thanks to all that have participated.
by BearBones
Tue May 10, 2011 5:54 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

So... if you take 50% GDX and 50% EDV, starting on Jan 29, 2008, and you rebalance whenever one of the assets becomes twice the value of the other asset....these are the results (including dividends and rebalancing in Nov 2008, May 2009 and Dec 2010): Thanks! Amazing how you whipped this up. But......
by BearBones
Mon May 09, 2011 8:20 pm
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

As the volatility of GDXJ appears to be substantially greater than EDV, why would you prefer it to GDX in this intriguing variable portfolio idea? Good question for which I do not have an intelligent answer.  I was initially attracted to the junior miners because of their higher upside potential. H...
by BearBones
Mon May 09, 2011 8:03 pm
Forum: Other Discussions
Topic: Exponential growth (again)
Replies: 17
Views: 4890

Re: Exponential growth (again)

MT, I really enjoyed your last 2 postings, and I agree entirely. A lot of quotable material there, such as the "6,000 year secular bull market." Three questions: 1.  You have basically described a phenomenon of overshoot. Is this from the book you mentioned by William Catton? 2.  You mention that "t...
by BearBones
Mon May 09, 2011 6:02 pm
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

You can't just choose random assets because some of them have shown negative correlation over one or two decades. Gold and Gold Mining Stocks do extremely well during inflationary conditions and Long Term Treasuries do extremely well during deflationary conditions. It would be difficult to find two...
by BearBones
Mon May 09, 2011 5:43 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

In order to learn, Why choose specifically GDXJ and EDV? What other assets class are highly volatile and uncorrelated? regards Nothing particularly special about these 2 except that they are volatile, rather uncorrelated, and I was interested in GDXJ. In term of asset classes there are primarily th...
by BearBones
Sun May 08, 2011 6:26 pm
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

So you would basically treat it with the same respect as your PP.  ie, you believe in the underlying principles and are willing to hold it for a long time (even decades) to see it perform.  Yes. That's what I am planning. Do you think you'll put a fixed dollar amount in all at once, or do you plan ...
by BearBones
Sun May 08, 2011 1:02 pm
Forum: Permanent Portfolio Discussion
Topic: Taxable Account: PRPFX vs. 4 Equal Assets
Replies: 3
Views: 2560

Re: Taxable Account: PRPFX vs. 4 Equal Assets

Debatable, I suppose, if looking exclusively at taxes and there is no tax-deferred option for any of the assets. However, if some of the 4 could be held in a tax-deferred account (e.g. TLT, SHY) and if some of the gold used for rebalancing were held in GTU or PHYS, then things could tip toward holdi...
by BearBones
Sun May 08, 2011 12:27 pm
Forum: Permanent Portfolio Funds
Topic: How much tax do I owe for sale of PRPFX
Replies: 11
Views: 4598

Re: How much tax do I owe for sale of PRPFX

Not to mention the benefits of holding assets more directly. Not a tax benefit, per se, but a benefit that should not be neglected. There could come a time in which "gold in the hand is worth two in the bush."
by BearBones
Sun May 08, 2011 12:21 pm
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

Please, what am I missing?  After a year all three end up at the same place.  How has the volatility helped? To add to Adams comment, in picking relatively non-corellated assets, it would be the exception rather than the rule that all are up or down at the same time. So EDV and GDXJ are picked beca...
by BearBones
Sun May 08, 2011 12:14 pm
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 16488

Re: Simple volatile uncorrelated VP

You are way ahead of me, Adam. Thanks for the questions. In theory, I would stay in unless one of the asset classes did not look like it was a good long term bet or a good diversifier. In reality, this would be difficult to predict. I would probably get out of EDV if it looked imminent that the doll...