You go into professions like these to make big bucks, not to live a life of compassion. If you want that, try teaching or religion. :-\ Why do so many in this group like to make broad sweeping angry and/or totally cynical generalizations, often about things they really know little about? I ordinari...

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/ Linked to this from another thread. Nice way of showing where all of the global money is, since this comes up a lot. At the bottom are derivatives, of course swamping everything else. Controversial if they ar...

Agree. Sold my GTU due to all of the drama recently, realized capital losses, captured a few % in a decreasing discount driven by Sprott, and got CEF at nice discount. Although not pure gold, I trust more than the ETFs, and I like that I can sell at capital gains rate rather than collectables if/whe...

Indeed. Lots to reflect on here. Thanks.

Many of us are here because investment gains are secondary to minimizing large losses in unforeseen market conditions. But what about other risks that we ignore? Fraud, theft, etc. Some of these might be as high or higher a risk than market risk in a conventional portfolio. So I would like to hear y...

Really helpful, you all. Thanks.
And great explanation, Pet Hog!

Also, keep interest and dividends to a minimum. Buy the 30 year Treasury bonds with the lowest interest rates, so that your yield is delivered as LT capital gains instead of interest... ...it is hard to beat the PP for low taxes. Thanks! Just with 50% of assets spinning off interest, I am ever awar...

goodasgold wrote: I assume you are taking full advantage of Roth IRAs, physical gold and I-bonds.

Yes, tax deferred maxed. And yes.

What changes to make, if any, if large percentage of assets taxable and in highest tax bracket? Any recommendations without subjecting assets to undue risk?

I've harvested my tax losses earlier in the year. Are there other valid reasons to sell GTU? Seems that it will either be converted to PHYS or an ETF, the latter having less favorable tax consequences. Think I will sell today and buy PHYS, realizing loss. Can always buy back once the drama ends (if...

I held GTU for years and was quite happy until Sprott got into the picture. Discounts and premiums never bothered me because I follow the PP and it only benefited me. Not long ago I sold all my GTU for tax loss harvest purposes... Agree. Down on GTU now that it looks like it may be converted either...

I know. But if the capital losses were somehow carried between GTU and PHYS in their exchange, then I could simultaneously capture the losses AND the difference in discounts (the "free money" talked about in the corresponding thread).