Search found 1174 matches

by Tortoise
Wed Nov 24, 2010 1:17 am
Forum: Bonds
Topic: Why should I buy Treasuries now?
Replies: 27
Views: 9376

Re: Why should I buy Treasuries now?

As craig said, though, long term bonds are going to pay you a nice coupon yield even if rates don't fall, and if rates do begin to edge back up that will probably be a symptom of a recovering economy, as opposed to this crazy inflation that everyone seems to be expecting (though no one seems to hav...
by Tortoise
Mon Nov 15, 2010 9:55 pm
Forum: Stocks
Topic: Capitalization-Weighted Indexes
Replies: 3
Views: 2228

Re: Capitalization-Weighted Indexes

Interesting, thanks for the replies. As far as practical investing is concerned, it does seem clear that the minimal turnover of a market cap-weighted index makes it the lowest-cost choice for a stock index fund.  Other possible types of index weighting interest me for a number of reasons, but I agr...
by Tortoise
Mon Nov 15, 2010 12:01 am
Forum: Stocks
Topic: Capitalization-Weighted Indexes
Replies: 3
Views: 2228

Capitalization-Weighted Indexes

The most popular stock index funds seem to be capitalization-weighted, meaning each component stock in the index is weighted by its total market value (capitalization).  But capitalization-weighting is not the only way to create a stock index.  Indexes can also be equal-weighted/price-weighted, fund...
by Tortoise
Sat Nov 13, 2010 3:36 am
Forum: Other Discussions
Topic: George Orwell's 1984
Replies: 30
Views: 7125

Re: Read Atlas Shrugged too.

I have been saying lately that 1984, Animal Farm , and other thoughtful and thought provoking classics are wasted on middle-schoolers and high-schoolers; at least those of today.  They were wasted on me at that age, and I have observed that they were wasted on my 3 children.  Kids that age just do ...
by Tortoise
Sat Nov 13, 2010 3:18 am
Forum: Other Discussions
Topic: How Important is a Manufacturing Base?
Replies: 12
Views: 5846

Re: How Important is a Manufacturing Base?

As we have this discussion, remember the following: The United States has the largest manufacturing economy in the world. It's a smaller part of the economy than it used to be, but it's still bigger than any other country's. I think that much of the decline of America's manufacturing base is a medi...
by Tortoise
Fri Nov 12, 2010 12:21 am
Forum: Other Discussions
Topic: How Important is a Manufacturing Base?
Replies: 12
Views: 5846

How Important is a Manufacturing Base?

I'm interested in hearing some of your responses to the following question:  How important is a country's manufacturing base as a determining factor in its long-term economic prosperity? My own thoughts on the matter are mixed.  Until fairly recently, I tended to agree with people like Peter Schiff,...
by Tortoise
Thu Nov 11, 2010 2:31 am
Forum: Other Discussions
Topic: Austrian Economics and the PP
Replies: 5
Views: 3206

Re: Austrian Economics and the PP

My question is whether or not Austrian economics says anything about market-timing, stock picking, etc.  Obviously many people on the Austrian side believe they can predict economic events... An interesting article about this very question appeared in early 2009 on the Ludwig von Mises Institute we...
by Tortoise
Sun Nov 07, 2010 2:09 pm
Forum: Permanent Portfolio Discussion
Topic: Pre-1972 PP Performance
Replies: 31
Views: 6048

Pre-1972 PP Performance

Although I try not to place too much emphasis on backtesting, I'm curious:  why doesn't anyone seem to discuss the PP's backtested performance beyond 1972--when the U.S. dollar was still partially convertible into gold?  Or, better yet, beyond 1933--when the dollar was still fully convertible into g...
by Tortoise
Sat Nov 06, 2010 10:25 pm
Forum: Permanent Portfolio Discussion
Topic: Is The Permanent Portfolio... Foolish?
Replies: 7
Views: 3064

Re: Is The Permanent Portfolio... Foolish?

Coffee wrote: You don't care what return your investment will provide in years to come?
::)
Okay, maybe I care a little bit ;D
by Tortoise
Sat Nov 06, 2010 3:27 am
Forum: Permanent Portfolio Discussion
Topic: Is The Permanent Portfolio... Foolish?
Replies: 7
Views: 3064

Re: Is The Permanent Portfolio... Foolish?

Past returns are never a guarantee of future returns, so I take them all with a grain of salt--including the average historical returns calculated for the PP.  Who knows what its return will be in the future?  Not me.  I just know that the PP tends to be significantly less volatile than traditional ...