Search found 14256 matches

by dualstow
Sat Jan 01, 2011 6:44 pm
Forum: Gold
Topic: Gold possibly lost in mail
Replies: 7
Views: 6014

Gold possibly lost in mail

Well, this is the reason I was reluctant to get into physical gold in the first place. I went with a vendor recommended at this site and had a very good experience. Thus, I was emboldened to try a bigger order. This time, the package appears to be lost. I'll let you know what happens. I know the goo...
by dualstow
Sat Dec 18, 2010 9:56 am
Forum: Permanent Portfolio Discussion
Topic: Traditional 60/40 and PRPFX
Replies: 3
Views: 4158

Re: Traditional 60/40 and PRPFX

I still have munis as part of my vP. Following Harry's advice, I call it money I'm willing to lose and can afford to lose.
by dualstow
Thu Dec 16, 2010 3:14 pm
Forum: Permanent Portfolio Discussion
Topic: Moving in from all stocks
Replies: 15
Views: 10199

Re: Moving in from all stocks

1) Gold prices just sank
2) Sh*t
3) I think I'll be buying more gold in 12 months.
by dualstow
Thu Dec 16, 2010 10:06 am
Forum: Bonds
Topic: When your 30-Year Bonds are Ten Years Old...
Replies: 2
Views: 3812

Re: When your 30-Year Bonds are Ten Years Old...

Thanks Craig. I also heard a radio show that touched on it. It was Harry's 24 April '05 show, I believe. He basically said the same: sell the bonds when they're down to just 20 years away from maturation, because you want the "most powerful" bond possible. In other words, an instrument tha...
by dualstow
Wed Dec 15, 2010 1:40 pm
Forum: Permanent Portfolio Discussion
Topic: Passive Manager Feedback on Permanent Portfolio
Replies: 11
Views: 5773

Re: Passive Manager Feedback on Permanent Portfolio

As we say in the Netherlands, one man's death is another man's bread... Hmm, never heard that one, although there is something close in English. ... Got me to where I'm now though with 1/3 of my money in the PP... Same here. I have a long way to go to reach 1/3, but it's the stock drops and those t...
by dualstow
Tue Dec 14, 2010 5:39 pm
Forum: Permanent Portfolio Discussion
Topic: Passive Manager Feedback on Permanent Portfolio
Replies: 11
Views: 5773

Re: Passive Manager Feedback on Permanent Portfolio

I think the replies here are very good. As has been mentioned, there will often be temptation when your friends are bragging about their soaring stock portolios. So, let your variable portfolio (vP) soar. If I could time the stock market to not tank just when I'm about to retire, I would only have a...
by dualstow
Tue Dec 14, 2010 5:08 pm
Forum: Bonds
Topic: When your 30-Year Bonds are Ten Years Old...
Replies: 2
Views: 3812

When your 30-Year Bonds are Ten Years Old...

you are supposed to sell them and replace them with fresh 30-year bonds. Is there any special action that should be taken whether the price is up or down? I guess you should ignore the price, other than when it exceeds rebalancing bands? Well, I don't have to worry about this for ten years, but I do...
by dualstow
Sun Dec 12, 2010 6:12 pm
Forum: Permanent Portfolio Discussion
Topic: 2010-12-08 - Bonds for the Permanent Portfolio
Replies: 6
Views: 4652

Re: 2010-12-08 - Bonds for the Permanent Portfolio

craigr wrote: I'll have to listen to how I'm pronouncing that word. I didn't know it was coming off that way.
Maybe it's just the mic. You still don't sound nasal, like I do.
by dualstow
Sun Dec 12, 2010 5:51 pm
Forum: Permanent Portfolio Discussion
Topic: Moving in from all stocks
Replies: 15
Views: 10199

Re: Moving in from all stocks

Obviously, you are still a fan of the pp If you consider the PP as a bond or cash like investment its great.  If however you have higher expectations of it being more of a stock like investment then you might have some regrets. At its core the PP is a form of stock, bond, currency and cash blend wh...
by dualstow
Sun Dec 12, 2010 9:25 am
Forum: Permanent Portfolio Discussion
Topic: 2010-12-08 - Bonds for the Permanent Portfolio
Replies: 6
Views: 4652

Re: 2010-12-08 - Bonds for the Permanent Portfolio

If you don't mind a little nitpicking
- You shouldn't say "down minus ten percent." Just down ten percent.
- And, pundits, not pundints.

Again, the podcast was very informative. I really enjoyed it.
by dualstow
Sun Dec 12, 2010 8:50 am
Forum: Permanent Portfolio Discussion
Topic: 2010-12-08 - Bonds for the Permanent Portfolio
Replies: 6
Views: 4652

Re: 2010-12-08 - Bonds for the Permanent Portfolio

Very informative podcast. I did not know that VUSTX was not a wise choice. I currently hold both 30-Year Treasuries (directly) and VUSTX, but not so much of the latter. I will probably only buy direct or TLT from on.
by dualstow
Sun Dec 12, 2010 8:43 am
Forum: Permanent Portfolio Discussion
Topic: Moving in from all stocks
Replies: 15
Views: 10199

Re: Moving in from all stocks

pkg man, I agree about buying all the components in once. My initial post mentions that it's the only way that's comfortable for me. Although I'd rather be buying gold at US$300 an ounce, the current price is not too far off from a LT treasury. And adding some ETFs allows me to buy a block of every ...
by dualstow
Sat Dec 11, 2010 8:30 am
Forum: Permanent Portfolio Discussion
Topic: Moving in from all stocks
Replies: 15
Views: 10199

Re: Moving in from all stocks

I think the first thing you should do is decide what VP-PP mix you would like to hold.  If you want the PP to be a relatively large portion of your total portfolio, you need to sell off some of the existing stocks to fund the other components.  At some point you have to deal with the elephant in th...
by dualstow
Sat Dec 11, 2010 7:42 am
Forum: Permanent Portfolio Discussion
Topic: Moving in from all stocks
Replies: 15
Views: 10199

Moving in from all stocks

or, "How I Learned to Stop Worrying and Love the Bonds" This is not another thread about changing the 4 x 25 settings or about substituting components. It is also not a general thread about easing in vs going in all at once. I've read those. Specifically, it's about dealing with wealth tha...
by dualstow
Fri Dec 10, 2010 8:25 am
Forum: Bonds
Topic: Buying the 30yr Bond
Replies: 20
Views: 14856

Re: Buying the 30yr Bond

I did write to Fido's customer service because when I ordered 8, that was later displayed as "Quantity: 8000" in the confirmation I received. Not $8000, but Quantity of 8,000. This was slightly disconcerting, because elsewhere there was a price displayed which, when multiplied by 8,000 to...
by dualstow
Thu Dec 09, 2010 1:51 pm
Forum: Gold
Topic: Silver in the PP
Replies: 11
Views: 7693

Re: Silver in the PP

Fair enough. I've got a friend who got married in Argentina ("land of silver") and moved there during that crash who can confirm it. I suppose that there is some "unhappy medium" between our current situation and true SHTF that would merit holding these coins.
by dualstow
Thu Dec 09, 2010 1:46 pm
Forum: Bonds
Topic: Buying the 30yr Bond
Replies: 20
Views: 14856

Re: Buying the 30yr Bond

Well, confession time. When I browsed the fixed income desk at Fidelity I saw that, unlike the case with Vanguard's bond desk, I could order online. So, I never did make that phone call. The offering that I saw mentioned today's date, 12/9, so even though I placed the order last week, it kicked in t...
by dualstow
Thu Dec 09, 2010 8:29 am
Forum: Gold
Topic: Silver in the PP
Replies: 11
Views: 7693

Re: Silver in the PP

In his 1989 book The Economic Time Bomb , HB ... Page 210 - "As a very small part of the cash budget, it might be prudent to hold some 'junk silver coins'--U.S. dimes or quarters that were minted prior to 1965... In [the event of runaway inflation], pre-1965 U.S. silver coins could emerge as t...
by dualstow
Tue Dec 07, 2010 1:25 pm
Forum: Permanent Portfolio Discussion
Topic: Interesting Finding
Replies: 6
Views: 6057

Re: Interesting Finding

I recently turned 40. I'm not sure whether that counts as young or old here. ;-) "Cash is a weak piece" -- I basically look at the cash holding as a way to easily rebalance the other three assets, since one cannot easily exchange gold coins for treasuries. But, that's because my entire PP ...
by dualstow
Tue Dec 07, 2010 10:20 am
Forum: Permanent Portfolio Discussion
Topic: Interesting Finding
Replies: 6
Views: 6057

Re: Interesting Finding

Hmm, it sounds like you may not be entirely convinced. Correct me if I'm wrong, but I think if you below 15% in any one asset, it's no longer the PP. Maybe cash could be the exception. I might not be at 4 x 25 yet, but I'm certainly not shooting for a tweaked allocation. I was listening to one of th...
by dualstow
Mon Dec 06, 2010 1:16 pm
Forum: Permanent Portfolio Discussion
Topic: Interesting Finding
Replies: 6
Views: 6057

Re: Interesting Finding

Good to know, especially since I'm easing into the PP rather than jumping in. This is due more to a reluctance to sell off stocks to generate cash than it is a fear of taking the plunge. I'm pretty much sold on the PP, and it's heartening to read that just moving in the direction of this allocation ...
by dualstow
Sat Dec 04, 2010 3:32 pm
Forum: Permanent Portfolio Discussion
Topic: Podcast - Interview with Rick Ferri on Gold and the Permanent Portfolio
Replies: 22
Views: 13691

Re: Podcast - Interview with Rick Ferri on Gold and the Permanent Portfolio

I really enjoyed the interview. To back up what MadMoneyMachine wrote below, I want to reference a particular show from the Harry Browne "Money Talk" archives. It's 05-01-02*  If you start listening at 6:36 (minutes:seconds)  you will hear this: So - if anybody asked {how to protect} again...
by dualstow
Thu Dec 02, 2010 1:49 pm
Forum: Bonds
Topic: Buying the 30yr Bond
Replies: 20
Views: 14856

Re: Buying the 30yr Bond

Will do, thank you.
by dualstow
Thu Dec 02, 2010 9:44 am
Forum: Bonds
Topic: Buying the 30yr Bond
Replies: 20
Views: 14856

Re: Buying the 30yr Bond

I need to sit down and go through these scenarios a bit. When I setup my portfolio I just wanted to get it done and I use the bond income for living expenses so I didn't think about it in all of these levels. I'm not sure in the end how much it really matters, but I need to find some time to do the...
by dualstow
Sat Nov 06, 2010 11:45 am
Forum: Permanent Portfolio Discussion
Topic: Crawling Road Podcast - Episode 1
Replies: 32
Views: 19793

Re: Crawling Road Podcast - Episode 1

Lone Wolf wrote: I also very much enjoyed the familiar intro music.  I think you should add some commercials advertising your new book for "only $9.75" that I can "read on your computer screen or print it out and read it in your easy chair."   :)
hilarious.  :)