Search found 19 matches

by D.J.
Mon Mar 05, 2018 6:01 am
Forum: Gold
Topic: Dealer fees on gold - bar cheaper than coin
Replies: 5
Views: 4206

Dealer fees on gold - bar cheaper than coin

So I'm looking at a well-known local gold dealer. Prices per gram (1 g). 34.6 EUR is the current gold price 39.4 EUR is the price I get for buying 20x Vienna Philharmonic coins (3.1103g) - that's 13.8% higher than gold price; their buy price is 36.68 EUR (diff: 7%) 35.61 EUR is the price I get for b...
by D.J.
Sun Mar 04, 2018 2:04 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

Same broker. Haven't looked into other options yet. Need to start investing, then when the portfolio grows so will the diversification for all elements. :)
by D.J.
Sun Mar 04, 2018 6:03 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

In that highly unlikely event, I would lose ~14% of the portfolio (but I'm sure the EU part would grow that much more as a consequence). I don't see any of those two extremes happening. That said, if I would have to bet on likelihood, I'd say it's far higher for the EUR to get devalued against the U...
by D.J.
Sun Mar 04, 2018 2:55 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

This is exactly done for the case if one day $1=3€. :)

As far as I saw, the long-term gains are a lot higher on USPP than on EUPP.
by D.J.
Sat Mar 03, 2018 3:14 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

Great info, I'll read that in detail. Thanks!
by D.J.
Sat Mar 03, 2018 2:02 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

@frugal: I am comfortable with currency risk at 20% in USD, for the benefit of having exposure to US economy. @WhiteElephant: If that's concerning local taxes, we have a fixed capital gains tax on everything so that does not affect me. @stuper1: Thanks, good catch! I've changed that to iShares Treas...
by D.J.
Sat Mar 03, 2018 7:06 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 52044

Re: Permanent Portfolio in Europe (follow-up)

Hi everyone, here's my portfolio I'm looking to implement in the coming weeks. I'm in EU, so it's focused on Eurozone, however with 20% of assets in/related to US. I added symbols since I lost a ton of time looking for the right ones. Stocks - xTrackers MSCI EMU, EUR ( XD5E ) - 20% - Vanguard US Tot...