Search found 1944 matches

by Tyler
Thu Sep 24, 2020 12:45 pm
Forum: Permanent Portfolio Discussion
Topic: Tax Loss Harvesting Bad for PP?
Replies: 4
Views: 459

Re: Tax Loss Harvesting Bad for PP?

Suppose you in the 12% tax bracket. In 2020 you realize 20k of gains in GLD. In 2021 you realize 20k of gains in TLT and 20k of losses in SPY. You will pay the collectibles tax rate of 28% in 2020 on your 20k of gains, in spite of being in the 12% tax bracket. The last sentence is incorrect. Collec...
by Tyler
Thu Sep 24, 2020 11:13 am
Forum: Permanent Portfolio Discussion
Topic: Tax Loss Harvesting Bad for PP?
Replies: 4
Views: 459

Re: Tax Loss Harvesting Bad for PP?

If I'm understanding your argument correctly, I think you're misunderstanding the tax treatment. Yes, gold is taxed as a collectible. That just means that 1) it is taxed as ordinary income with no preferential long-term rates, and 2) the tax cap is 28% even in the highest tax brackets. But (to my kn...
by Tyler
Wed Sep 23, 2020 6:05 pm
Forum: Bonds
Topic: Ray Dalio on Bonds
Replies: 139
Views: 4223

Re: Ray Dalio on Bonds

"Return-free risk" is indeed the perfect description of the PP's 25% in LTT's at this point, IMHO. Only if one ignores the 22% return YTD. ;) I hear what you're saying, though. Personally I think reading too much doom porn about individual assets tends to lead people astray way more often than choo...
by Tyler
Tue Sep 22, 2020 10:45 am
Forum: Other Discussions
Topic: Ruth Bader Ginsburg
Replies: 141
Views: 2603

Re: Ruth Bader Ginsburg

With Grassley, Gardner, and Romney now all releasing statements declaring their support for bringing the nominee to a vote before the election, Republicans officially have 51 votes in-hand. It's happening.
by Tyler
Sat Sep 19, 2020 10:35 pm
Forum: Other Discussions
Topic: Ruth Bader Ginsburg
Replies: 141
Views: 2603

Re: Ruth Bader Ginsburg

Mark Leavy wrote:
Sat Sep 19, 2020 6:07 pm
I enjoyed reading this reminiscense by The Volokh Conspiracy at Reason Magazine.
That was indeed a good read. Thanks for sharing.
by Tyler
Sat Sep 19, 2020 10:56 am
Forum: Other Discussions
Topic: Ruth Bader Ginsburg
Replies: 141
Views: 2603

Re: Ruth Bader Ginsburg

According to Tucker, NPR was also reporting that her dying words were that she wanted her replacement picked by a new president. I dunno. Delaying a Supreme Court nomination another 4 years is a pretty big ask. ;) (But all jokes aside, the callous spin here is pretty insane. I wish people who claim...
by Tyler
Fri Sep 18, 2020 9:01 pm
Forum: Other Discussions
Topic: Ruth Bader Ginsburg
Replies: 141
Views: 2603

Re: Ruth Bader Ginsburg

Cortopassi wrote:
Fri Sep 18, 2020 8:57 pm
According to NPR, there are at least 5 republicans that will not vote until after Jan 20.
We're just a few hours in. I'm not buying that NPR has a hard count either way before the bargaining and arm twisting even starts. We'll see.
by Tyler
Wed Sep 16, 2020 3:42 pm
Forum: Variable Portfolio Discussion
Topic: An odd choice for a VP: Wellesley
Replies: 25
Views: 750

Re: An odd choice for a VP: Wellesley

I feel like my timeline crossed somewhere and I jumped into an alternate universe where everything is the same but people call me Taylor. ;)

Image
by Tyler
Wed Sep 16, 2020 11:59 am
Forum: Variable Portfolio Discussion
Topic: An odd choice for a VP: Wellesley
Replies: 25
Views: 750

Re: An odd choice for a VP: Wellesley

Taylor, I know I have asked about this before and no doubt have no idea of how hard and complicated it might be but since there is a lot of historical data for the Wellesley fund (and the Wellington fund), could it be possible to add these funds to your portfolio charts options and see if how they ...
by Tyler
Tue Sep 15, 2020 10:57 am
Forum: Variable Portfolio Discussion
Topic: An odd choice for a VP: Wellesley
Replies: 25
Views: 750

Re: An odd choice for a VP: Wellesley

Of course the fund is narrowly concentrated in handpicked IT corporates and dividend stocks and with U.S. valuations being so rich a fund that holds no international seems somewhat suspect (but of course the PP doesn't hold any either). If you like Wellesley and also want international exposure, th...
by Tyler
Tue Sep 01, 2020 11:18 am
Forum: Variable Portfolio Discussion
Topic: Factor investing
Replies: 7
Views: 376

Re: Factor investing

I'm a fan of stock factors in portfolio building, but I absolutely agree that they're commonly abused and misunderstood by laypeople and professionals alike. Personally I think two areas that lead many overzealous factor investors astray are: 1) Unrealistic academic definitions that pump up numbers ...
by Tyler
Sat Aug 29, 2020 4:48 pm
Forum: Other Discussions
Topic: Politics
Replies: 12
Views: 244

Re: Politics

While I'm not opposed to political discussion in moderation, since I generally surf the forum by selecting "active topics" on the top left the number of political posts can be overwhelming. One technical request would be an "all investing topics" option that shows the results for every forum BUT the...