Search found 239 matches

by jhogue
Sat Dec 08, 2018 4:18 pm
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

I'm wondering whether to buy my 2019 I-Bonds before May 1, if inflation expectations are receding. ochotona, Wait until mid-April 2019, when the latest figures on of the CPI-U are announced. That will give the new variable rate component for I bonds purchases for the next six months starting 5/1/19...
by jhogue
Sun Dec 02, 2018 11:00 am
Forum: Permanent Portfolio Discussion
Topic: Stupid to Look at Portfolio Too Often
Replies: 25
Views: 2352

Re: Stupid to Look at Portfolio Too Often

I check my portfolio almost every day. I find it mildly entertaining rather than stressful. As for positive benefits of looking daily, seeing how the components bounce around in random, un-correlated fashion has convinced me that the HBPP dampens overall volatility and gives me a much smoother ride ...
by jhogue
Thu Nov 15, 2018 10:12 am
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

barrett, 1. I think my situation is similar to yours: retired; holding off to 70 to claim social security; concerned about rising (and mandatory) RMDs after 70. After working through the options on a year-by-year spreadsheet, I am convinced converting my traditional IRA to a Roth IRA before I reach ...
by jhogue
Tue Nov 06, 2018 7:21 pm
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

"Deep cash" is a bit of an odd concept... I started out with the idea of I bonds as deep cash, but I think it makes more sense to think of them as tier 2 of an emergency fund. Tier 1 being whatever amount of liquid cash in your savings account or a money market account that makes sense to you. They...
by jhogue
Sun Nov 04, 2018 11:46 pm
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

"Deep Cash" is that amount of cash above and beyond what is likely to be needed under the worst likely personal crisis situations. Where only 5% of scenarios would require more cash, for example. It's a guess, it's imprecise. Because of my job in the crappy oil industry, I have an emergency fund eq...
by jhogue
Sat Nov 03, 2018 2:57 pm
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

1. Liquidity preference is, by definition, subjective and personal. There is no second guessing your personal choice for your portfolio, Pug. If ya gotta have it, ya gotta have it. 2. That said, consider this: At some point (hopefully), the HBPP investor’s portfolio grows so large that likely rebala...
by jhogue
Fri Nov 02, 2018 8:34 am
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

Re: New I Bond Rate 11/1/18 to 4/30/18

Pugchief, Do you have a better alternative for deep cash than I bonds? I can readily imagine that Warren Buffett doesn't bother investing any of his petty cash in I bonds (or bank CDs for that matter). For those of us in more down-to-earth tax brackets, however, I bonds have all the attractions of T...
by jhogue
Thu Nov 01, 2018 10:21 am
Forum: Cash
Topic: New I Bond Rate 11/1/18 to 4/30/18
Replies: 43
Views: 3727

New I Bond Rate 11/1/18 to 4/30/18

Treasury Direct announced the new I Bond rate this morning. The new fixed rate, which will apply from 1 November 2018 to 30 April 2019, is 0.50%. Added to the previously announced variable rate of 2.33%, the new composite rate will be 2.83%, tax deferred for 30 years and free from state and local ta...
by jhogue
Fri Oct 26, 2018 1:36 pm
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 1954

Re: The official end of Swiss bank secrecy

Dualstow, I find it ironic that an Italian newspaper complains about high profile foreigners hiding their ill-gotten gains in Swiss banks. It is common knowledge in Italy that (literally) millions of Italians hide money in Swiss banks because they historically have not trusted their own country’s go...
by jhogue
Thu Oct 25, 2018 1:06 pm
Forum: Permanent Portfolio Discussion
Topic: Cash has exceeded my rebalance band, but....?
Replies: 24
Views: 2943

Re: Cash has exceeded my rebalance band, but....?

Kbg,

1. You make an excellent point about accounting for tax implications.

2. I absolutely agree that you want to have a long term strategy for Cash, which is precisely why I am such a fan of I bonds.
by jhogue
Thu Oct 25, 2018 9:43 am
Forum: Permanent Portfolio Discussion
Topic: Cash has exceeded my rebalance band, but....?
Replies: 24
Views: 2943

Re: Cash has exceeded my rebalance band, but....?

1. I decided last year to switch last year from annual rebalancing to 15/35 bands. Not market timing, but hoping to favorably catch future market swings. 2. Remember that, in the short run, you can never have too much Cash. In fact, more than any of the four HBPP assets, Cash makes me feel rich. 3, ...
by jhogue
Tue Oct 23, 2018 5:00 pm
Forum: Other Discussions
Topic: The official end of Swiss bank secrecy
Replies: 16
Views: 1954

Re: The official end of Swiss bank secrecy

dualstow, I am afraid that you have mischaracterized Swiss attitudes toward both privacy and crime. Paul Erdman, an American novelist who had once been the CEO of a Swiss private bank, said that the difference between the Swiss and the Americans is that the Swiss are willing to put their white colla...