Search found 79 matches

by Matthew19
Wed Aug 19, 2015 9:47 am
Forum: Permanent Portfolio Discussion
Topic: Why does Permanent Portfolio work so well in the past few decades?
Replies: 11
Views: 3343

Re: Why does Permanent Portfolio work so well in the past few decades?

I think it's also worth mentioning the effect that rebalancing has on generating more gains. Stableinvesting.com had a nice explanation of this sophisticated feature. It's almost like The PP is a product from Apple, simple and elegant on the surface but complex and brilliantly designed under the hood.
by Matthew19
Tue Aug 18, 2015 10:02 pm
Forum: Permanent Portfolio Discussion
Topic: Why does Permanent Portfolio work so well in the past few decades?
Replies: 11
Views: 3343

Re: Why does Permanent Portfolio work so well in the past few decades?

my all time favorite uis harry's why the best laid investment plans usually go wrong . have my original copy decades now . whether i follow the pp or not the book has loads of useful info . Agreed. The Best Laid Investments book will stomp any inclining you have to outsmart the markets or take advi...
by Matthew19
Wed Aug 12, 2015 3:44 pm
Forum: Bonds
Topic: Price updates when owning bonds directly
Replies: 18
Views: 8020

Re: Price updates when owning bonds directly

Thanks guys. I don't plan on checking daily or anything, but since I just made my first purchase for the PP it's cool to watch the non-correlation at play.
by Matthew19
Wed Aug 12, 2015 11:05 am
Forum: Bonds
Topic: Price updates when owning bonds directly
Replies: 18
Views: 8020

Price updates when owning bonds directly

Silly question : I bought my bonds through the bond desk at fidelity. Am I seeing an up to date price for the bonds when I look at my portfolio through fidelity or is delayed a day?
by Matthew19
Mon Aug 10, 2015 12:12 pm
Forum: Bonds
Topic: Please review my order:
Replies: 3
Views: 2401

Re: Please review my order:

Yes I bought the amounts based on cost not face value. I did the Spartan index for Stocks and IAU for gold. Thanks for answering, makes me feel better.
by Matthew19
Mon Aug 10, 2015 10:32 am
Forum: Bonds
Topic: Please review my order:
Replies: 3
Views: 2401

Please review my order:

Today I implement the PP for the first time. I used my Fidelity account to by LTT and STT (1 year, no ladder) directly. For some reason I was really nervous that I did it wrong so I'd love for someone to just tell me I bought the right thing. LTT says : Buy 912810RK6 UNITED STATES TREAS BDS 2.50000%...
by Matthew19
Tue Aug 04, 2015 10:36 pm
Forum: Stocks
Topic: Putting in sell stops below your stock ETFs
Replies: 34
Views: 13882

Re: Putting in sell stops below your stock ETFs

Sounds like speculation to me. Do this in the VP. When your 20% stop hits, short the index as a full or partial hedge inside the VP and cover when your ready.
by Matthew19
Sat Jul 25, 2015 8:46 am
Forum: Bonds
Topic: Might rising rates hit LTTs more softly than we fear?
Replies: 64
Views: 18018

Re: Might rising rates hit LTTs more softly than we fear?

I don't care about nominal returns. I only care about real returns. nominal returns are important too. think of your pay check. you can't control everything about your expenses in life but what what at least helps you plan is a consist pay check that is usually enough to exceed inflation . by havin...
by Matthew19
Fri Jul 24, 2015 11:00 pm
Forum: Permanent Portfolio Discussion
Topic: BH portfolio in 401k
Replies: 7
Views: 2483

Re: BH portfolio in 401k

pointedstick, can you recap the advantage of the PP in every account?
by Matthew19
Tue Jul 21, 2015 12:08 am
Forum: Bonds
Topic: Performance impact of holding TLT vs bonds directly?
Replies: 25
Views: 9951

Re: Performance impact of holding TLT vs bonds directly?

Now you are shifting the goalposts.  You didn't say, "The duration should be 18 years based on average maturity but is 17 because of securities lending."  Your exact quote:  "the average maturity is 27 years but duration is only 17 years... the fund acts as if it is a much shorter type bond fund be...
by Matthew19
Mon Jul 20, 2015 3:17 pm
Forum: Other Discussions
Topic: Talk me into selling my gold miners.
Replies: 18
Views: 4132

Re: Talk me into selling my gold miners.

Welp, after the past two huge down days I had 85k in losses. I realized about 70k of them and them today. I kept just enough  as a VP so if miners rebound I won't feel completely stupid. Putting some stop losses in them though. On the plus side I paid off my mortgage today. So now to implement the P...
by Matthew19
Mon Jul 20, 2015 11:04 am
Forum: Permanent Portfolio Discussion
Topic: Anyone care to share their spreadsheets?
Replies: 1
Views: 772

Anyone care to share their spreadsheets?

I'm horrible with excel but I'd love to have a simple spreadsheet to plug numbers into. Does anyone feel kind enough to share a template on here?
by Matthew19
Mon Jul 20, 2015 9:41 am
Forum: Gold
Topic: The GOLD scream room
Replies: 2999
Views: 733258

Re: The GOLD scream room

The day I plan to liquidate my mining stocks this happens. I'm not sure if Ill look back in 5 years and say it was the dumbest thing to sell here or the best thing ever. There goes a years salary because I wanted to outsmart the markets.
by Matthew19
Sat Jul 18, 2015 11:13 pm
Forum: Other Discussions
Topic: Talk me into selling my gold miners.
Replies: 18
Views: 4132

Re: Talk me into selling my gold miners.

Thanks Cortopassi. What really erks me is GTU and CEF. I was buying those at a premium and they've tanked worse than the metals themselves, now trading at a negative NAV. Even gold stocks that only own good don't behave like gold if they are a closed end fund! I liquidated my Europac account last we...
by Matthew19
Sat Jul 18, 2015 9:48 pm
Forum: Other Discussions
Topic: Talk me into selling my gold miners.
Replies: 18
Views: 4132

Re: Talk me into selling my gold miners.

I would keep it. Just about the time you feel like puking, average into some more shares. Eventually miners will come back. I own none myself so it's easy for me to give advice with someone else's money, but I'm strongly considering averaging into some GDX leaps Iv felt like puking for about a mont...
by Matthew19
Sat Jul 18, 2015 10:22 am
Forum: Other Discussions
Topic: Talk me into selling my gold miners.
Replies: 18
Views: 4132

Talk me into selling my gold miners.

I'm having a real mental problem realizing my 70k loss in gold miners to raise funds for the PP. I can't friggin believe it.
by Matthew19
Fri Jul 10, 2015 9:59 pm
Forum: Other Discussions
Topic: Tax loss help
Replies: 9
Views: 1683

Re: Tax loss help

Sorry I should have clarified. The losses are as an individual, but I do own a business as an LLC. I am starting another small business this year, if there were a way to have that income come as capital gains couldn't I use the losses in the individual investing account to offset them?
by Matthew19
Fri Jul 10, 2015 11:04 am
Forum: Other Discussions
Topic: Tax loss help
Replies: 9
Views: 1683

Tax loss help

I own an LLC filing as an s-corp and have about 70k in unrealized losses in an old portfolio. I'd love to harvest the losses but I don't have any gains elsewhere to set them off against. My CPA kind of sucks right now. Are there any strategies for taking the losses and maximizing the write off?
by Matthew19
Wed Jul 01, 2015 9:50 pm
Forum: Permanent Portfolio Discussion
Topic: Roth vs Traditional
Replies: 13
Views: 4577

Re: Roth vs Traditional

I'm in a situation where I could most likely retire by age 38. I'm currently making over 6 figures in my LLC So taxes kind of suck right now.
by Matthew19
Wed Jul 01, 2015 10:19 am
Forum: Permanent Portfolio Discussion
Topic: Roth vs Traditional
Replies: 13
Views: 4577

Roth vs Traditional

Iv always been told that a Roth option was a no brainer for retirement accounts. Then I reward this forum and heard otherwise. I understand that it is situation defendant, but can anyone point me to a definitive read on the topic, in this forum or otherwise? This bankrate calculator seems to put a t...
by Matthew19
Wed Jun 17, 2015 9:36 am
Forum: Permanent Portfolio Discussion
Topic: Go full in or pay off mortgage?
Replies: 50
Views: 11247

Re: Go full in or pay off mortgage?

No one has mentioned that after you pay off your house you can always take out a mortgage again if you suddenly needed the money.

Mortgage origination fees are a little less than 1 year of interest so if you make it longer than that you'll come out ahead ceteris paribus right?
by Matthew19
Mon Jun 15, 2015 9:37 pm
Forum: Permanent Portfolio Discussion
Topic: Go full in or pay off mortgage?
Replies: 50
Views: 11247

Re: Go full in or pay off mortgage?

I have about a $200k mortgage at 4.25% and close to $1m in the PP nearing retirement. No way I am going to pay off the mortgage. If I intended to live in the house during my retirement years I might think differently but I have no such intention right now. I want the money. Screw the house. Right n...
by Matthew19
Mon Jun 15, 2015 12:15 am
Forum: Permanent Portfolio Discussion
Topic: Go full in or pay off mortgage?
Replies: 50
Views: 11247

Re: Go full in or pay off mortgage?

I have 25 years left on the mortgage, so I I gut not be getting a big deduction. I'll have to check.

Tyler, great tips. The 20% rule does feel about right.
by Matthew19
Sun Jun 14, 2015 10:10 am
Forum: Permanent Portfolio Discussion
Topic: Go full in or pay off mortgage?
Replies: 50
Views: 11247

Re: Go full in or pay off mortgage?

There would be no capital gains tax that I'd have to pay to get the money. I understand that  a high inflation environment would be a plus to carrying a mortgage. But that assumes that the PP makes larger gains than the inflation rate, then I pay 30% tax on those gains. What was the PP actual rate t...
by Matthew19
Sat Jun 13, 2015 10:17 pm
Forum: Permanent Portfolio Discussion
Topic: Go full in or pay off mortgage?
Replies: 50
Views: 11247

Go full in or pay off mortgage?

I've read the old posts on this topic, but I'd love to know more about the pros and cons of paying off the mortgage. I have 750k liquid and owe 189k on a 4% mortgage. Bankrate has a nice calculator which gave me an effective rate of 2.8% after mortgage interest deductions. So it's a guaranteed 2.8% ...