Search found 945 matches
- Tue Feb 04, 2020 12:36 pm
- Forum: Permanent Portfolio Discussion
- Topic: slightly confused about rebalancing
- Replies: 29
- Views: 20844
Re: slightly confused about rebalancing
Monthly deposits go into cash. I check the portfolio annually with a calendar reminder, and also after a major finance-related world event that everyone's talking about (e.g. 9/11 or the 2008 global financial crisis). If it's within the 15/35 bands I do nothing, otherwise I rebalance to 4x25. (IIRC ...
- Sat Jan 11, 2020 2:53 pm
- Forum: Permanent Portfolio Discussion
- Topic: Any value in multiple ETFs?
- Replies: 1
- Views: 1647
Re: Any value in multiple ETFs?
is there any value in having my counterparty risk spread that way? Yes, splitting an asset across multiple ETF issuers hedges against an issuer going out of business suddenly or committing some kind of malfeasance. Harry Browne suggested splitting the stock allocation across multiple fund sponsors ...
- Tue Dec 03, 2019 1:46 pm
- Forum: Permanent Portfolio Discussion
- Topic: Permanent Portfolio data
- Replies: 6
- Views: 3526
Re: Permanent Portfolio data
I use the 4 ETF tickers that are "purest" analogues for the PP assets, breaking ties with expense ratio or volume. Currently I'm using: VTI, TLT, GLDM, BIL
- Tue Oct 29, 2019 7:18 pm
- Forum: Permanent Portfolio Discussion
- Topic: What is your current portfolio?
- Replies: 35
- Views: 28284
Re: What is your current portfolio?
My IRA is a 4x25 in ESGV, VGLT, VUSXX, GLDM, and some individual gold coins (since lost at sea )
My 401k is essentially the same but uses the plan sponsor's cash and S&P500 funds.
Taxable cash is in an online savings account.
My 401k is essentially the same but uses the plan sponsor's cash and S&P500 funds.
Taxable cash is in an online savings account.
- Tue Oct 08, 2019 9:34 pm
- Forum: Stocks
- Topic: Stock and ETF brokerage costs plunge
- Replies: 67
- Views: 84803
Re: Stock and ETF brokerage costs plunge
IMO this is a great trend for retail investors. As a 4x25 PP investor who rebalances annually, commissions have always been a minor consideration, and payments for my order flow are an extremely tiny consideration. Cash is commission-free so I'm only making a maximum of 3 trades per account per year...
- Mon Sep 23, 2019 11:56 pm
- Forum: Stocks
- Topic: DIY individual stock fund
- Replies: 49
- Views: 49464
Re: DIY individual stock fund
It is common for a company's size ranking to bump up or down one rank from year to year. So the method of picking every k'th company will experience high turnover and suffer from tax inefficiency and transaction overhead. Probably the way to go is to just pick the top 50 (or whatever) largest compan...
- Mon Sep 23, 2019 11:40 pm
- Forum: Permanent Portfolio Discussion
- Topic: Finding an Account Manager for PP
- Replies: 14
- Views: 8097
Re: Finding an Account Manager for PP
This firm endorses the PP: https://americanasset.net/
I have no connection or experience with them aside from reading their website, so do your due diligence. IIRC one of the principals has posted here a few times.
I have no connection or experience with them aside from reading their website, so do your due diligence. IIRC one of the principals has posted here a few times.
- Mon Sep 23, 2019 11:34 pm
- Forum: Permanent Portfolio Discussion
- Topic: Gold / Stock / Bonds at highs or near highs?
- Replies: 95
- Views: 66101
Re: Gold / Stock / Bonds at highs or near highs?
All I can say is, I've been talking about the PP online since 2008 (11 years and counting!) and the entire time, people have been constantly asking this question. "I like the PP but this moment seems like a bad time to buy in because reasons, what should I do?" Throughout this time the PP ...
- Mon Sep 23, 2019 11:11 pm
- Forum: Permanent Portfolio Discussion
- Topic: How many brokerage firms are you using?
- Replies: 50
- Views: 44480
Re: How many brokerage firms are you using?
I have two brokerages, my personal accounts are at Vanguard and my 401k is at Schwab. I plan on keeping most funds at Vanguard and a minority at either Schwab or Fidelity.
- Tue Sep 10, 2019 7:59 pm
- Forum: Gold
- Topic: Acquiring gold as privately as possible
- Replies: 7
- Views: 11713
- Tue Jul 16, 2019 7:05 pm
- Forum: Permanent Portfolio Discussion
- Topic: A question only a PP novice could ask
- Replies: 16
- Views: 12062
- Mon May 20, 2019 5:58 pm
- Forum: Permanent Portfolio Discussion
- Topic: Question about 401k plan allocations in the PP
- Replies: 8
- Views: 4579
Re: Question about 401k plan allocations in the PP
Either approach is probably fine. I use a brokerage window and am required to hold some assets in plan funds. I use the plan funds for cash and stocks and the brokerage window for gold and long-term bonds. I find it most convenient to let contributions accumulate in the cash fund, and then rebalance...
- Mon May 20, 2019 5:55 pm
- Forum: Cash
- Topic: Fidelity - SHV BIL or TBILL ladder (auto roll)
- Replies: 21
- Views: 21757
Re: Fidelity - SHV BIL or TBILL ladder (auto roll)
SHV, BIL, or TBILL ladder (or auto roll as I see people calling on it on the forum) or maybe Fidelity short term treasury fund, or vanguard short term treasury fund (I think Fidelity will let me do this). I have the option to choose any of these. IMO, all of these options are perfectly fine. I'd pi...
- Tue Apr 23, 2019 1:54 pm
- Forum: Permanent Portfolio Funds
- Topic: Found Aus PP fund
- Replies: 1
- Views: 12543
Re: Found Aus PP fund
Good find. It's nice to know there is still interest in PP funds among fund sponsors.
- Tue Feb 12, 2019 5:20 pm
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17344
- Sun Jan 20, 2019 1:33 pm
- Forum: Cash
- Topic: How to withdraw cash in retirement?
- Replies: 11
- Views: 16823
Re: How to withdraw cash in retirement?
This is one of these subjects where any thoughtful plan should work fine, so you might as well do whatever you find most comfortable and convenient. An everyday-expense checking account is so small relative to the portfolio that I don't think it matters very much whether it is considered inside the ...
- Fri Jan 11, 2019 7:10 pm
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17344
Re: Gyroscopic Portfolios Is Now Under Construction
Glad you appreciate the site and the suggestions. I view the Golden Butterfly as a 4x25 PP plus a variable portfolio of small-cap value. This is compatible with PP dogma for an investor who wants to tilt toward prosperity. I think the GB is fine and I don't think I'd try to talk someone out of it. I...
- Fri Jan 04, 2019 12:27 am
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17344
Re: Gyroscopic Portfolios Is Now Under Construction
Thanks for this effort, it's off to a great start. It'd be nice for this site to reprise Craig's tradition of an annual post on the PP's annual returns, with an explanation for why each of the four assets did what it did, and comparison to a couple benchmarks. Another useful resource would be a list...
- Fri Aug 17, 2018 5:49 pm
- Forum: Gold
- Topic: GLDM - 0.18 exp. ratio 'Gold minishares'
- Replies: 33
- Views: 22590
Re: GLDM - 0.18 exp. ratio 'Gold minishares'
GLDM and AAAU are tied with respect to expense ratio, at 0.18%. Does anyone have an argument for why one is better than the other?
- Tue Aug 07, 2018 3:08 pm
- Forum: Gold
- Topic: IAU is now commission-free at Fidelity
- Replies: 16
- Views: 12114
Re: IAU is now commission-free at Fidelity
Wow, between this, FZROX, and the T-bill auto-roll feature, Fidelity is looking like a great broker for PP investors.
- Wed Jul 18, 2018 3:25 pm
- Forum: Permanent Portfolio Discussion
- Topic: Best Allocation: Living off just the interest
- Replies: 30
- Views: 20141
Re: Best Allocation: Living off just the interest
Ha, glad you guys appreciated that.
- Wed Jul 18, 2018 3:15 pm
- Forum: Permanent Portfolio Discussion
- Topic: Which Assets in Roth IRA?
- Replies: 22
- Views: 18765
Re: Which Assets in Roth IRA?
There are two schools of thought, either "one big PP spread among all accounts" or "one separate 4x25 in each account." When I started out I did "one big PP" but later changed to "separate 4x25". Both approaches work fine and have their merits, so I think this...
- Tue Jul 17, 2018 12:08 am
- Forum: Permanent Portfolio Discussion
- Topic: Best Allocation: Living off just the interest
- Replies: 30
- Views: 20141
Re: Best Allocation: Living off just the interest
The question was whether or not a HBPP or GB should theoretically have a different weighting (primarily in its cash component) as it scales due to its underlying principles since a very wealthy person would be at less risk of liquidating lagging assets to make ends meet during a recession. No, acco...
- Tue Feb 13, 2018 12:29 am
- Forum: Permanent Portfolio Discussion
- Topic: Is the PP going to hold up?
- Replies: 114
- Views: 59718
Re: Is the PP going to hold up?
I propose a portfolio which is a traditional permanent portfolio mix with a bitcoin variable portfolio sidecar. Hows: 24% gold 24% cash 24% stocks 24% long term bonds 4% bitcoin Turns out the back testing is amazing. Ill need your help with the name. How about the "Fifth Element Portfolio"...
- Tue May 02, 2017 7:37 pm
- Forum: Permanent Portfolio Discussion
- Topic: Options in 401k when i cannot implement PP
- Replies: 7
- Views: 6515
Re: Options in 401k when i cannot implement PP
The ETF picks look good. I hold IAU for my paper gold.
IMO, 30/70 total stock/total bond is a solid portfolio where the PP is unavailable.
IMO, 30/70 total stock/total bond is a solid portfolio where the PP is unavailable.