Search found 428 matches

by Smith1776
Tue Jan 14, 2020 9:12 pm
Forum: Other Discussions
Topic: The political re-alignment of our time
Replies: 97
Views: 15345

Re: The political re-alignment of our time

The thing that does bother me is that the "solution" that the angry horde has chosen will likely cause a lot of harm to this country.  It's not hard to break things, to tear things down.  Like the wise man Colin Powell said to W before he went into Iraq, "If you break it, you own it."  Unfortunatel...
by Smith1776
Tue Jan 14, 2020 8:23 pm
Forum: Permanent Portfolio Discussion
Topic: Larry Swedroe's Comments on the Permanent Portfolio
Replies: 94
Views: 24059

Re: Larry Swedroe's Comments on the Permanent Portfolio

In Canada we have what are called Real Return Bonds. They are analogous to TIPS and functionally similar.

The issue with them is that the market is tiny, and all the funds in the country that hold RRBs are long duration. You can't find short RRBs to save your life around here. Absolutely maddening.
by Smith1776
Tue Jan 14, 2020 2:39 pm
Forum: Permanent Portfolio Discussion
Topic: Larry Swedroe's Comments on the Permanent Portfolio
Replies: 94
Views: 24059

Re: Larry Swedroe's Comments on the Permanent Portfolio

I'm not talking about TIPS as a replacement for gold, but as I think Larry meant, as a replacement for Long Term Treasuries. I would highly recommend TIPS as superior to other Fixed Income investments for tax advantaged accounts as they hedge both inflation and deflation, while LT bonds only hedge ...
by Smith1776
Tue Jan 14, 2020 2:16 pm
Forum: Permanent Portfolio Discussion
Topic: Larry Swedroe's Comments on the Permanent Portfolio
Replies: 94
Views: 24059

Re: Larry Swedroe's Comments on the Permanent Portfolio

I would highly recommend TIPS as superior to other Fixed Income investments for tax advantaged accounts as they hedge both inflation and deflation, while LT bonds only hedge deflation. And the literature on the subject is all on that side, TIPS should be the preferred choice for tax advantaged acco...
by Smith1776
Tue Jan 14, 2020 2:08 pm
Forum: Cash
Topic: Cracks emerging in money markets?
Replies: 54
Views: 30005

Re: Cracks emerging in money markets?

Kriegsspiel wrote:
Sun Oct 27, 2019 6:43 am


This chart has vertical lines on it.
lmao.
by Smith1776
Tue Jan 14, 2020 2:04 pm
Forum: Bonds
Topic: TLT - Why Is Income from Govt Obligations so LOW?
Replies: 95
Views: 19325

Re: TLT - Why Is Income from Govt Obligations so LOW?

Yeah, Blackrock wrote a paper on this subject. They claim that they've never lost customer assets from securities lending ever. And even the few times borrowers defaulted, they were fully protected from the collateral the borrowers posted. They simply took the collateral and bought the shares that h...
by Smith1776
Tue Jan 14, 2020 1:56 pm
Forum: Permanent Portfolio Discussion
Topic: PP vs Desert Portfolio
Replies: 7
Views: 215

Re: PP vs Desert Portfolio

If there was a bit more civility on the BH forums I imagine we might have even got Larry making some contributions here too. The thread here about him, and in which he participated (barely) wasn't particularly civil towards him. I hadn't seen it until Vinny dug it up. That's true. Also a damn shame...
by Smith1776
Tue Jan 14, 2020 1:50 pm
Forum: Permanent Portfolio Discussion
Topic: PP vs Desert Portfolio
Replies: 7
Views: 215

Re: PP vs Desert Portfolio

If there was a bit more civility on the BH forums I imagine we might have even got Larry making some contributions here too. The Larry Portfolio and the PP/GB really aren't that far apart from each other. They're both about making sure the unlikely isn't treated as impossible. They're both about red...
by Smith1776
Mon Jan 13, 2020 9:34 pm
Forum: Permanent Portfolio Discussion
Topic: Larry Swedroe's Comments on the Permanent Portfolio
Replies: 94
Views: 24059

Re: Larry Swedroe's Comments on the Permanent Portfolio

Was this Larry Swedroe's only appearance ever in this forum? Vinny Yup. His one and only appearance. Larry has had tremendous frustrations with the amateur investment community in general. People on the Bogleheads forums have attacked his integrity and his ideas. He's even tussled with people that ...
by Smith1776
Mon Jan 13, 2020 7:58 pm
Forum: Other Discussions
Topic: Carless living
Replies: 89
Views: 13788

Re: Carless living

A thread about car-less living.

Way to rub salt into my wounds, guys. ::)
by Smith1776
Mon Jan 13, 2020 7:57 pm
Forum: Variable Portfolio Discussion
Topic: AI
Replies: 8
Views: 203

Re: AI

What's funny is that by investing in a total market fund, you have huge meta exposure to AI thanks to all the algorithmic trading. That aside, you can always hold the tech heavy NASDAQ index. It's not specifically AI targeted, but it's probably the lowest cost way of getting strong exposure. Also, I...
by Smith1776
Mon Jan 13, 2020 7:55 pm
Forum: Permanent Portfolio Discussion
Topic: PP vs Desert Portfolio
Replies: 7
Views: 215

Re: PP vs Desert Portfolio

I have great intellectual sympathy for the desert portfolio. I find the desert portfolio is actually a great "gateway drug" portfolio to the full PP/GB allocations. Gold is generally the biggest hurdle with the PP and finding acceptance. Easing people in with a small allocation via the desert strate...