Search found 1128 matches

by clacy
Sun Jan 14, 2018 1:14 pm
Forum: Other Discussions
Topic: 20 Years Old Hits the Mega Millions
Replies: 11
Views: 2697

Re: 20 Years Old Hits the Mega Millions

Would you advise him to put it all in the Permanent Portfolio? Just jump in? I sure would. I might tell him to tweak it slightly by increasing the cash amount, so maybe 20% Gold, 20% stocks 20% LTT and 40% cash. Real growth to his portfolio is pointless (in my humble opinion). As long as he can pac...
by clacy
Sun Jan 14, 2018 8:46 am
Forum: Other Discussions
Topic: Attention early retirees in Kentucky
Replies: 23
Views: 5163

Re: Attention early retirees in Kentucky

Wow I didn’t realize welfare was readily used by early retirees like that.

That is very sad.
by clacy
Thu Jan 11, 2018 11:05 pm
Forum: Variable Portfolio Discussion
Topic: PP Inspired Leveraged Portfolios
Replies: 83
Views: 50041

Re: PP Inspired Leveraged Portfolios

Thanks kbg. I’ll be interested to read your post re backwardization/contango. Those topics are still a little fuzzy to me.


Although I do wonder if the leveraged ETF’s have backwardization and contango baked into their price as well. Do the the 2/3x ETF’s use futures as a way levering?
by clacy
Mon Dec 04, 2017 9:01 pm
Forum: Variable Portfolio Discussion
Topic: New Vanguard ETF's
Replies: 9
Views: 3420

Re: New Vanguard ETF's

ochotona wrote:Maybe the loss of PRPFX is one of the many little bells heralding the market top.

PERM closed, but yeah it could be. PERM opened in 2012 I think, right after a huge decade for the PP.
by clacy
Mon Dec 04, 2017 4:16 pm
Forum: Variable Portfolio Discussion
Topic: New Vanguard ETF's
Replies: 9
Views: 3420

Re: New Vanguard ETF's

dualstow wrote:How is PERM doing, btw? I never see threads on it anymore. Well, I guess I rarely see talk of PRPFX either. It’s mostly individual components.

I just looked at it on Yahoo Finance and apparently it closed recently
by clacy
Sun Dec 03, 2017 1:30 pm
Forum: Variable Portfolio Discussion
Topic: New Vanguard ETF's
Replies: 9
Views: 3420

Re: New Vanguard ETF's

My best guess is that even though they have to cater to the multitudes who prefer ETFs these days, encouraging people to trade in and out of something like Wellesley would be very bad for the fund. And that's what ETFs do. They make it easier to trade. I hope they never do offer ETFs for those 3 fu...
by clacy
Fri Dec 01, 2017 9:10 am
Forum: Variable Portfolio Discussion
Topic: New Vanguard ETF's
Replies: 9
Views: 3420

Re: New Vanguard ETF's

Speaking of Vanguard,..... why no 60/40 ETF from Vanguard that mimics VBINX?

Or Wellesley, Wellington funds etc?

I'm assuming there is some reason that they haven't offered ETF versions of these popular funds.
by clacy
Tue Sep 19, 2017 8:26 am
Forum: Other Discussions
Topic: Schiff and other Doom Porn
Replies: 14
Views: 4558

Re: Schiff and other Doom Porn

My main issue with them is that they've been saying the crash is coming for 6+ years. Eventually they will be right but the old broken clock saying comes to mind. Economic doom and gloom is non-stop in some circles, but unless they have a crystal ball, the global economy is far too complex for peopl...
by clacy
Sat Jul 29, 2017 7:31 am
Forum: Other Discussions
Topic: Selling Restricted Stock
Replies: 9
Views: 4194

Re: Selling Restricted Stock

Based on what you've said, my thought process would be the same, unless there was still significant upside in your company's valuation.
by clacy
Wed Jul 26, 2017 9:54 pm
Forum: Other Discussions
Topic: Favorite Lesser-Known Movies & TV Series
Replies: 10
Views: 4321

Re: Favorite Lesser-Known Movies & TV Series

I haven't watched many movies in the past 10-15 years, as you'll be able to tell by my list. I'm a product of the 90's. Here are a few in no particular order: Bottle Rocket (comedy) http://www.imdb.com/title/tt0115734/ The Stoned Age (comedy) http://www.imdb.com/find?ref_=nv_sr_fn&q=the+stoned+age&s...
by clacy
Wed Jul 05, 2017 10:48 am
Forum: Other Discussions
Topic: Home office deduction
Replies: 27
Views: 7660

Re: Home office deduction

I would take the deduction (I do currently as well). It's no longer a "red flag" item within the IRS per my CPA. It may have been reasonable to red flag that deduction at one time, but with the availability of technology and the sheer amount of people working from home, it's no longer an issue. If y...
by clacy
Fri Jun 09, 2017 3:55 pm
Forum: Other Discussions
Topic: The Opioid Epidemic
Replies: 42
Views: 11595

Re: The Opioid Epidemic

Not unexpected. The CIA was heavily involved in Central/South America in the 80's and a huge cocaine epidemic ensues. Now that we've been operating Afghanistan, oddly enough we have a huge opioid epidemic. The CIA is the largest drug operator in the world for anyone that hasn't done research into it.