Search found 108 matches

by europeanwizard
Sat Apr 27, 2019 1:42 am
Forum: Bonds
Topic: TLT Study - Inverting History
Replies: 28
Views: 6475

Re: TLT Study - Inverting History

Interesting... so even if interest rates would rise, we won't get the same performance from bonds -- due to the drag inherent in bonds. Anyway, to counteract this, they say they do the following: We take a different approach. Our portfolios are designed by “currentizing” historical bond returns. Thi...
by europeanwizard
Sun Apr 21, 2019 12:24 am
Forum: Other Discussions
Topic: The left should resist the siren song of ‘modern monetary theory’
Replies: 5
Views: 603

Re: The left should resist the siren song of ‘modern monetary theory’

When I read this stuff, I'm so glad a decent portion of my portfolio is gold.
by europeanwizard
Thu Apr 11, 2019 7:53 am
Forum: Other Discussions
Topic: BOA - $20 an hour
Replies: 19
Views: 1447

Re: BOA - $20 an hour

Some weeks back, Peter Schiff analyzed this in a podcast. He figured that this benefits the big boys, because they have enough money for robotization/automation. They either replace workers, or augment them, such that they can do with a smaller workforce. Smaller companies can only downsize when the...
by europeanwizard
Wed Apr 10, 2019 12:52 am
Forum: Cash
Topic: For JeffreyAlan
Replies: 4
Views: 3032

Re: For JeffreyAlan

Wow, that's an extremely interesting thread. Fascinating how the topic author, "Calais", updates his topic over the years. Also interesting: he jumps out of equities, and then most recently, reveals how he's been taking pretty huge risks which lost 45% of his usually very steady 2% yields: (...) my ...
by europeanwizard
Mon Apr 08, 2019 1:37 pm
Forum: Variable Portfolio Discussion
Topic: Schwab Financial Decoder episodes
Replies: 1
Views: 393

Re: Schwab Financial Decoder episodes

Pretty good podcast on diversification https://www.schwab.com/resource-center/insights/content/financial-decoder-season-2-episode-1?cmp=em-QYD I'm always on the lookout for good financial podcasts, added it straight away! Edit: so I listened to it. Basically it's a very, very well done overview of ...
by europeanwizard
Sat Feb 23, 2019 1:08 pm
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 4133

Re: Viability of HBPP with perpetually low interest rate Fed

How has Euro PP performed in that environment? Gold: 1,7% Bonds: 0,9% Stocks: -0,5% Cash: 0,7% So an average of 0.7% in 2018, thanks to gold. I'm switching out of a Euro PP, and taking steps toward a global PP. I've already moved out of EU stocks, and taken a global stocks fund. I'll probably do th...
by europeanwizard
Sat Feb 23, 2019 12:31 am
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 4133

Re: Viability of HBPP with perpetually low interest rate Fed

These low (or for EU zero) interest rates have been likened to drugs by Peter Schiff.
by europeanwizard
Mon Feb 11, 2019 2:59 am
Forum: Gold
Topic: Good Podcast On Gold
Replies: 3
Views: 780

Re: Good Podcast On Gold

I listened to it, and it's pretty good. I'll listen to it twice, to be honest. A lot of information that requires me to "let it sink in".

Great tip!
by europeanwizard
Fri Jan 04, 2019 12:31 am
Forum: Permanent Portfolio Discussion
Topic: Where to Start Out...
Replies: 24
Views: 5094

Re: Where to Start Out...

Just to make sure, you're based in the US? Because if not, then you'd get different advice.
by europeanwizard
Wed Dec 26, 2018 2:30 am
Forum: Other Discussions
Topic: Merry Christmas
Replies: 18
Views: 1965

Re: Merry Christmas

Happy Christmas!

Off to my sister-in-law. Last time I had a pretty interesting conversation on investments there, with one of her friends. Probably no such luck this time :D Oh well.
by europeanwizard
Sat Dec 15, 2018 1:05 am
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 4095

Re: PP Europe (Germany)

Here's an interesting discussion about these lower yields. It's also why I avoid these longest maturities. But calculate it for .75%, .5% and .25% yields and it still holds up because the duration is also increasing to make up for the "missing" yields, i.e. it just becomes more like a zero coupon bo...
by europeanwizard
Thu Dec 13, 2018 7:33 am
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 4095

Re: PP Europe (Germany)

For bonds, I've got the iShares E GOV7-10, IE00B1FZS806. As you'd guess from the name, maturity is 7 to 10 years. This is the longest maturity I'm willing to buy. I may get rid of the whole thing, and get some sort of global bond ETF. I also no longer hold EU stocks, I went global. For cash, I went ...