Search found 73 matches

by tarentola
Sun Jan 21, 2018 4:12 am
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 2243

Re: A multi-asset portfolio in Euros

Frugal - There is a lot of information available on the construction of dividend portfolios and I don't claim to be an expert. One thing I would say is that it is much easier to construct a dividend portfolio of US shares than of Euro shares, as there is a far better choice of dividend-paying shares...
by tarentola
Tue Jan 16, 2018 2:21 pm
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 2243

Re: A multi-asset portfolio in Euros

Frugal To answer the questions: 1.Relative performance of Eu and US PPs. You can look this up yourself by comparing simple 4 -ETF portfolios, or comparing published results such as Marc de Mesel's EU results with US results. Portfoliocharts.com has similar average performances for US and German PPs ...
by tarentola
Wed Jan 10, 2018 11:58 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 37
Views: 8676

Re: How much is "enough" in the Permanent Portfolio?

To continue from my post earlier in this thread: It seems to me that there are relatively few sane investing strategies that can be considered by a retired or retiring person - a non-gambler. The following come to mind: The PP and variants - unbeatable in its historic low drawdown, and as good as ma...
by tarentola
Wed Jan 10, 2018 11:48 am
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 2243

A multi-asset portfolio in Euros

Following on from the discussion started by Sophie ( https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9289&start=24 ), I thought I would start a new topic here as the subject is variable portfolios. I wrote: PS It seems to me that there are relatively few sane investing strategies that ...
by tarentola
Thu Jan 04, 2018 11:13 am
Forum: Permanent Portfolio Discussion
Topic: 2017 PP Return Poll
Replies: 33
Views: 7706

Re: 2017 PP Return Poll

For my euro PP: + 1.4% in 2017. A vanilla Euro PP of four ETFs would have gained about 1.2% in 2017:
CEU (MSCI Europe) +10.5%
MTH (25y+ bonds) -0.9%
GBS (gold) -1.3%
C13 (1-3y bonds) -0.3%

EUR/USD +15% in 2017and rising

(Figures from the French site boursorama.com)
by tarentola
Mon Dec 18, 2017 2:32 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 37
Views: 8676

Re: How much is "enough" in the Permanent Portfolio?

hi I couldn't find the explanation and a model of that DIVIDEND portfolio . Please help. There is no official dividend portfolion on Seeking Alpha, look for articles by David Van Knapp, David Crosetti, Chuck Carnevale. A good introduction here: https://seekingalpha.com/article/254416-road-map-for-m...
by tarentola
Sun Dec 17, 2017 4:00 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 37
Views: 8676

Re: How much is "enough" in the Permanent Portfolio?

Frugal I already have exposure to US shares in my VP so I have none in the PP. Otherwise I would probably have about 50% US in the PP, or a global share ETF. There is currency risk though: the dollar has lost about 11% against the Euro this calendar year, so my mostly US VP is only breaking even for...
by tarentola
Sat Dec 16, 2017 8:11 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 37
Views: 8676

Re: How much is "enough" in the Permanent Portfolio?

Good questions, Sophie. Q1 .The PP as a « base » portfolio could be complemented (or even replaced) by a stock portfolio. There are dividend share diehards on seekingalpha.com for example who seem to live exclusively off dividends and never sell a share unless forced to by a merger or similar event....
by tarentola
Tue Oct 17, 2017 2:53 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 63
Views: 21905

Re: Permanent Portfolio in Europe (follow-up)

4,3% and what about inflation? It does not beat official inflation by much, and perhaps does not beat real inflation at all. But multiple-year periods of underperformance are not unusual. Do you think to change to a more aggressive lazy portfolio? Such as...? If you have a concrete suggestion and s...
by tarentola
Mon Oct 16, 2017 7:29 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 63
Views: 21905

Re: Permanent Portfolio in Europe (follow-up)

These are results from my real 4x25 portfolio of Euro shares with Euro and EM share ETFs, bond ETFs, gold ETFs and cash. Not very different from the US Vanilla PP figures of -2.24, +10.10, -2.99 and +5.9% for the same four years. 2013 -3.04% 2014 +12.39% 2015 +1.42% 2016 +7.08 Average 4.30% 2017 +2....
by tarentola
Thu Aug 31, 2017 3:10 am
Forum: Permanent Portfolio Discussion
Topic: PP at new high for the year...
Replies: 54
Views: 19424

Re: PP at new high for the year...

No such luck here in Europe. My Euro PP is +0.55% for 2017, not helped by the Euro's strength at $1.19.
by tarentola
Sat Jul 08, 2017 8:21 am
Forum: Permanent Portfolio Discussion
Topic: PP at new high for the year...
Replies: 54
Views: 19424

Re: PP at new high for the year...

Same or worse in Europe. In mid-June my Euro PP was +2.2% since 1 Jan, now -0.6%. Not helped by the Euro's recent strength relative to the dollar (+3% in the last month). I suppose I should be buying, but I topped up gold and bonds back in June of course. The fortunes of war.