Search found 259 matches

by dutchtraffic
Mon Oct 17, 2016 5:42 pm
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

On the topic of how countries could deal with foreign bondholders during a euro currency crisis.
It's obviously more likely that domestic bondholders will be treated "better".

Now i'm wondering how an Irish Ishares etf that holds bonds from my own country would be treated, hmz..
by dutchtraffic
Mon Oct 17, 2016 12:17 pm
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

But that's only because of the USD-denominated assets, so just adopt a US PP. What exactly is the problem with doing that? Everybody assumes the US will be the last man standing, which probably makes that scenario less likely to happen. I would effectively make a bet on the US, and not just the USD...
by dutchtraffic
Mon Oct 17, 2016 11:54 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

AnotherSwede wrote:
[Because I don't../quote]
Me neither :)

what an awful problem, having that much money in these times.
I realise it's a luxury problem, but it's still a problem.
by dutchtraffic
Mon Oct 17, 2016 11:48 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

AnotherSwede wrote:I have a mortgage and have not been able to rationalize paying much more interest than I get.

So I have 75% global equity, 25% gold and try paying off the mortgage.
75% stocks? Holy shit, to each his own but to be 75% in stocks right now? :o
by dutchtraffic
Mon Oct 17, 2016 11:43 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

Let me put it like this for all the people who still say it's all ok and will work out. Lets just say: - you have 25 - 30 yearsalaries in euros. - you live in Europe - most of it is in cash, part of it is in a euro PP - you obviously cannot hold this in cash (especially euros!) Who here will claim w...
by dutchtraffic
Mon Oct 17, 2016 11:30 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

Ok, my currency (krona) follows the euro, pounds are worse. I am afraid euros (and bunds) are not worse off than other currencies, even if the euro breaks it must be replaced, 1 to something, by something. It remains to be seen if Germany or whatever country's bonds you hold, will convert foreign c...
by dutchtraffic
Mon Oct 17, 2016 11:12 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

AnotherSwede wrote:
Not if you can prevent that to begin with. Which you can.
How?
By not being 100% invested in euros.
by dutchtraffic
Mon Oct 17, 2016 11:07 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

If the alternative is worthless currency and equity it is. If the alternative is slowly, but not smoothly, losing nominal value, then smooth-ish 0% return is really good. Not if you can prevent that to begin with. Which you can. I am just questioning a quick and orderly return to positive yields an...
by dutchtraffic
Mon Oct 17, 2016 10:40 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

AnotherSwede wrote:25% gold and whatever could be saved of the rest.
It doesn't make any sense to hold a portfolio where you have a chance of retaining a part of your capital.
by dutchtraffic
Mon Oct 17, 2016 1:46 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

A global PP (using https://www.ishares.com/uk/individual/e ... -ucits-etf for the bonds), and using a total world ETF for stocks would have never broken down completely.

It does break the PP concept entirely though.
by dutchtraffic
Mon Oct 17, 2016 1:32 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

Looking at this, the PP would have been totally destroyed in quite a few cases. Some more evidence for geographic diversification. Certainly, a widely diversified portfolio like the Permanent Portfolio is way better in those cases than one just using stocks/bonds which is what many would recommend....
by dutchtraffic
Mon Oct 17, 2016 1:22 am
Forum: Permanent Portfolio Discussion
Topic: Slowly bleeding
Replies: 67
Views: 18154

Re: Slowly bleeding

Looking at this, the PP would have been totally destroyed in quite a few cases. Some more evidence for geographic diversification.

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