Search found 402 matches

by jhogue
Sun Dec 01, 2019 10:58 pm
Forum: Permanent Portfolio Discussion
Topic: How often do you check your portfolio?
Replies: 7
Views: 555

Re: How often do you check your portfolio?

I check my portfolio every day. Now that I am retired, it is one of my varied hobbies. I find it fascinating to watch the assets move and read the discussions on this forum. While I have recently watched STTs and LTTs in detail, I expect to eventually move on and spend more time studying the gold an...
by jhogue
Sun Dec 01, 2019 9:00 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

I would like to oblige Pugchief with better fixed rates on I-bonds, but neither our super-low yield curve nor the current crop of Trump Treasury officials support that. In fact, I am pessimistic about the future of the US savings bonds program, given the Goldman Sachs background and outlook of Treas...
by jhogue
Sat Nov 30, 2019 3:41 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

EE bonds can be redeemed for more than their nominal value after one year. 5 year CDs cannot.

Which would be better in a really bad situation?

Snowing like hell in Minnesota. How is the weather in Chicago, Pugchief?
by jhogue
Sat Nov 30, 2019 3:23 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

Pet Hog, I disagree with your assumption that “someone in the accumulation phase has greater risk-tolerance” and therefore can be (ought to be?) more aggressive with their investments. Consider a couple of real-world examples: Example #1. 52 year old female (divorced, with 3 kids) came down with bra...
by jhogue
Wed Nov 27, 2019 2:48 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

11/27/19 drumminj, I am not picking your poison because I agree with Harry Browne and craigr that all financial risks are not created equal: From CraigR’s FAQ: "Q: Why a Treasury Money Market Fund and not something else with better yield? A: Because you are not looking to take risk with your cash. T...
by jhogue
Wed Nov 27, 2019 10:10 am
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

drumminj, I do not buy 5 year CDs. I buy Treasury-backed securities because safety and liquidity is more important for my HBPP Cash quadrant than yield. More important than what I think, however, is what you think: Why do you want to buy a 5 year FDIC-backed CD, which is illiquid (as you yourself de...
by jhogue
Tue Nov 26, 2019 1:26 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

I haven’t bought a T-bill with a maturity longer than one year for several years now.

Unless you have some specific liability matching in mind, which would rather buy today?

-A one year Treasury bill at 1.64%, or ,
-A three year Treasury bill at 1.57%,.
by jhogue
Mon Nov 25, 2019 2:36 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

by jhogue » Today, 3:26 pm \ I am alternately fascinated and perplexed by the endless hunt for yield in Cash that populates this thread and others like it. I'm too lazy to chase yield, but I do enjoy reading the threads of those who chase it. Setting aside the long bonds I bought for the vp, I have...
by jhogue
Sun Nov 24, 2019 1:54 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

A 3 month T bill sold for 1.56% on 11/21/19 at Fidelity. I think the 4 week was about the same.

With yields this low and the Treasury curve this flat, isn’t it pointless (and unnecessarily risky) to buy one year bank CDs instead of T-bills on auto-roll?
by jhogue
Sun Nov 24, 2019 1:26 pm
Forum: Cash
Topic: How do you invest the Cash portion?
Replies: 180
Views: 42876

Re: How do you invest the Cash portion?

I am alternately fascinated and perplexed by the endless hunt for yield in Cash that populates this thread and others like it. The Fed, which exerts enormous power over short-term interest rates, has repeatedly set its target for future inflation at 2%. Therefore, if you buy a CD that yields 2.06%, ...
by jhogue
Thu Nov 21, 2019 10:38 am
Forum: Permanent Portfolio Discussion
Topic: Hong Kong Proves the PP's Mettle
Replies: 14
Views: 1003

Re: Hong Kong Proves the PP's Mettle

Read the introduction in Harry Browne's Guide to Swiss Banks, first published back in 1976. Uncle Harry starts with a story about a Jewish family in Germany that prepared for the worst in the early 1930s by transferring their assets into gold and making deposits into then-secret Swiss bank accounts....
by jhogue
Fri Nov 15, 2019 4:17 pm
Forum: Bonds
Topic: US Treasury to issue a 50-year bond
Replies: 9
Views: 896

Re: US Treasury to issue a 50-year bond

ochotona wrote:
Fri Nov 15, 2019 12:59 pm
BondtholeMEOW is frightened.

I don't see the point of owning something with a duration longer than your lifetime. I guess if you're young it's okay. In 30 or 35 years I'm gone anyway.

Think again. How long do you think a $20 gold coin will last?