Search found 171 matches

by europeanwizard
Sat Nov 30, 2019 12:40 am
Forum: Permanent Portfolio Discussion
Topic: Harry Browne Obituary
Replies: 3
Views: 1992

Re: Harry Browne Obituary

"He was writing a book called The War Racket at the time of his death". Interesting.
by europeanwizard
Sat Nov 30, 2019 12:38 am
Forum: Variable Portfolio Discussion
Topic: Variable Portfolio?
Replies: 12
Views: 5756

Re: Variable Portfolio?

Not strictly PP, I've got 25% global stocks instead of the recommended 25% national stocks. Also, I've got a small VP with crypto and P2P lending, sized to about 4% of my PP.
by europeanwizard
Sat Nov 30, 2019 12:36 am
Forum: Permanent Portfolio Discussion
Topic: SPIVA
Replies: 2
Views: 1562

Re: SPIVA

Wow, that's pretty good news! Were the people in your organization happy? I mean, I bet you are going to save them a lot of money.
by europeanwizard
Thu Nov 14, 2019 5:40 am
Forum: Other Discussions
Topic: What's your favorite color?
Replies: 39
Views: 13041

Re: What's your favorite color?

Tyler wrote:
Wed Nov 13, 2019 10:55 am
Gold, naturally. ;)
:D
by europeanwizard
Sun Nov 10, 2019 1:58 am
Forum: Other Discussions
Topic: Familiar?
Replies: 34
Views: 10310

Re: Familiar?

I checked what Harry Browne had to say on the subject: Governments invariably call upon their citizens to cooperate in efforts for the "public good." They want you to sacrifice to help solve economic crises, foreign-trade problems, and military conflicts; but these things were caused originally by g...
by europeanwizard
Sat Nov 09, 2019 1:45 am
Forum: Permanent Portfolio Discussion
Topic: Safe Withdrawal Rate?
Replies: 30
Views: 11926

Re: Safe Withdrawal Rate?

Thanks for answering, Tyler. Your website has brought me so much insight.
by europeanwizard
Wed Nov 06, 2019 2:07 pm
Forum: Variable Portfolio Discussion
Topic: MCD
Replies: 24
Views: 10802

Re: MCD

Is it just a misconception on my part....or, is the European way sometimes more enlightened than the American way? Well.... it's great that it's sold here, of course. But it doesn't really taste like meat. It's really a patty that's made from some form of mushroom or something. It tastes very neutr...
by europeanwizard
Wed Nov 06, 2019 6:25 am
Forum: Variable Portfolio Discussion
Topic: MCD
Replies: 24
Views: 10802

Re: MCD

vnatale wrote:
Tue Nov 05, 2019 10:52 am
What is the vegetarian option?
Salads and Egg McMuffin were mentioned but here in Europe, we have some options:
https://www.mcdonalds.com/nl/nl-nl/full ... risch.html

I'm don't think that's widely available, though.
by europeanwizard
Tue Nov 05, 2019 1:00 am
Forum: Variable Portfolio Discussion
Topic: MCD
Replies: 24
Views: 10802

Re: MCD

I frequently stopped in McDonald's to buy certain non-meat products What I find super-duper great while traveling, is that I can depend on McDonald's for three things: there is a vegetarian option, decent coffee, as well as a playground for my kid. As for the stock, I think it's better to have the ...
by europeanwizard
Sun Oct 27, 2019 1:55 pm
Forum: Permanent Portfolio Discussion
Topic: What is your current portfolio?
Replies: 35
Views: 27357

Re: What us your current portfolio?

Could you reveal how you invested each of the four segments (i.e., bought long term bonds or bought long-term bond fund, gold fund versus buying actual gold, and so on)? I'm in Europe, where we have to deal with negative interest rates and a rather lackluster economy. So I've got 25% gold ETF, 25% ...
by europeanwizard
Sun Oct 27, 2019 8:43 am
Forum: Permanent Portfolio Discussion
Topic: What is your current portfolio?
Replies: 35
Views: 27357

Re: What us your current portfolio?

I've only been using the PP since 2016, and already have had severe doubts about the PP... However I haven't actually changed anything, except maybe added a VP (Variable Portfolio) for about 5% of my total invested capital.
by europeanwizard
Sun Oct 27, 2019 1:14 am
Forum: Permanent Portfolio Discussion
Topic: Question about PP vs 100% cash
Replies: 14
Views: 11980

Re: Question about PP vs 100% cash

It seems to me that there's a limit to the "yield", namely it's bounded by what you consume. On the other hand, the PP its yield is limited to what you have in your investment account. So it probably works in the sub-100K dollar/euro range. Then the PP starts to win. Edit: just read the first link y...
by europeanwizard
Thu Oct 10, 2019 12:43 am
Forum: Permanent Portfolio Discussion
Topic: Read the Permanent Portfoilio Bible?
Replies: 24
Views: 19640

Re: Read the Permanent Portfoilio Bible?

Never actually read HB's book, just Craig & Lawson's book. And like OP, re-read it again.
by europeanwizard
Thu Sep 05, 2019 12:54 am
Forum: Permanent Portfolio Discussion
Topic: Fancy Schmancy PPs
Replies: 3
Views: 2091

Re: Fancy Schmancy PPs

Even the summary is a bit over my head, but in their strategy they use long puts, right?
by europeanwizard
Thu Aug 22, 2019 1:52 pm
Forum: Permanent Portfolio Discussion
Topic: Portfolio for European investor
Replies: 5
Views: 6807

Re: Portfolio for European investor

Looks good to me. Do you have a particular reason to go for 30/30/30/10 instead of 25% each?

Personally, I don't stick to 25% each either, I've got a lot more cash but I'm accumulating and am aiming for those percentages.
by europeanwizard
Wed Aug 21, 2019 2:53 am
Forum: Variable Portfolio Discussion
Topic: The Top 4 Portfolios to Recession-Proof Your Investments
Replies: 12
Views: 13886

Re: The Top 4 Portfolios to Recession-Proof Your Investments

Hoo boy, looks good. I'm going to make a nice cup of coffee and sit down for this one.
by europeanwizard
Fri Aug 09, 2019 2:43 pm
Forum: Other Discussions
Topic: Jim Rickards new book is an interesting read - almost PP like
Replies: 30
Views: 16036

Re: Jim Rickards new book is an interesting read - almost PP like

Is it US-centric, or global in its narrative? Or is it rather about applying principles?

Great topic, by the way. I love me a good book review.
by europeanwizard
Thu Jul 25, 2019 1:01 pm
Forum: Gold
Topic: Perth Mint thief stole gold to fund fiancee's lifestyle demands ('18)
Replies: 5
Views: 4274

Re: Perth Mint thief stole gold to fund fiancee's lifestyle demands ('18)

I actually think it's not super bad news. He was caught, and it got on the news instead of being buried somehow. Not a customer at the Perth, but they'd still be on my short list.
by europeanwizard
Fri Jul 12, 2019 1:10 am
Forum: Permanent Portfolio Discussion
Topic: my global PP plan, your opinion please
Replies: 3
Views: 2662

Re: my global PP plan, your opinion please

I think it's a pretty good portfolio, I've got something almost similar myself but I haven't gone global on the bonds part yet. Meb Faber has said a few short words about the global permanent portfolio in past episodes, something to the tune of very low volatility, hasn't done better than the US PP,...
by europeanwizard
Wed Jul 10, 2019 2:06 pm
Forum: Permanent Portfolio Discussion
Topic: Any PP Defectors Here?
Replies: 18
Views: 7925

Re: Any PP Defectors Here?

But what is the alternative then?
by europeanwizard
Fri Jun 28, 2019 1:55 pm
Forum: Permanent Portfolio Discussion
Topic: The Peter Schiff portfolio: an evolutionary offshoot of the PP
Replies: 100
Views: 27567

Re: The Peter Schiff portfolio: an evolutionary offshoot of the PP

Nice work recreating that portfolio!

Schiff has a nice YouTube channel and podcast. He has zero faith in the political and monetary situation of the US, that's why he's called a permabear. One day he'll be right, but then we could all be dead.
by europeanwizard
Mon Jun 24, 2019 12:32 am
Forum: Permanent Portfolio Discussion
Topic: 3 years of PP returns
Replies: 25
Views: 14618

Re: 3 years of PP returns

what i find funny is when there is a short term market downturn everyone seems to cheer about how the pp did so well by not falling but when the results are weak for 3 years all of a sudden you can't tell much from the short term . Please keep posting. I very much appreciate your critical view.
by europeanwizard
Mon Jun 24, 2019 12:27 am
Forum: Permanent Portfolio Discussion
Topic: Forget the numbers: why I know the PP is right for me
Replies: 7
Views: 4087

Re: Forget the numbers: why I know the PP is right for me

Oh yeah, this is a big one for me. I've seen my dad go in and out of stocks, because he started to feel unhappy about his investment. Later he'd say "it was the right time", and he'd buy back into the market without any particular strategy. The buffer of cash makes me feel secure. I know that any lo...
by europeanwizard
Sun Jun 23, 2019 12:58 am
Forum: Permanent Portfolio Discussion
Topic: EU PP 2016-2019
Replies: 16
Views: 12018

Re: EU PP 2016-2019

Thanks for reporting back. Very interesting. Since starting, I had severe doubts about the PP in this European environment but it looks like you've done pretty okay. This year also looks to be good, with how gold is doing.
by europeanwizard
Fri Jun 07, 2019 3:16 am
Forum: Permanent Portfolio Discussion
Topic: Yearly balancing or 15/35?
Replies: 13
Views: 10487

Re: Yearly balancing or 15/35?

You check once a year. And only rebalance when the boundaries were hit.