Search found 2066 matches

by Tyler
Thu May 30, 2013 2:29 pm
Forum: Other Discussions
Topic: California Debates How to Blow Tax Windfall
Replies: 35
Views: 12630

Re: California Debates How to Blow Tax Windfall

I certainly find the economic discussions regarding QE and monetary theory here to be far more balanced than any political stereotype would indicate.  On a fundamentally financial forum, that's what really counts.

The rest is just entertainment.  ; )
by Tyler
Wed May 29, 2013 3:42 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio
Replies: 60
Views: 26295

Re: Permanent Portfolio

My Subaru has been providing reliable and versatile transportation for years. It's true that a Ferrari would have been faster and flashier over that time horizon. But that's really irrelevant to whether the Subaru worked as I needed it to. It did and so I'm satisfied with it. I could post "a F...
by Tyler
Wed May 29, 2013 1:00 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio
Replies: 60
Views: 26295

Re: Permanent Portfolio

With all the angst on the board today, I logged into my brokerage account to see where I am for the year.  Even with gold suffering a large correction recently and bonds sinking, I'm still up almost 1%.  To be honest, that surprised me.  I'm very satisfied. At some point in my investing life I stopp...
by Tyler
Fri May 24, 2013 12:47 pm
Forum: Permanent Portfolio Discussion
Topic: Taxable PP and 35% Re-balance Band
Replies: 19
Views: 6830

Re: Taxable PP and 35% Re-balance Band

Things like tax loss harvesting, continuous rebalancing with new funds, or splitting the rebalance between December & January to spread income across multiple tax years can all help you in certain situations. That said, so much depends on your personal situation (income, state, etc) that it prob...
by Tyler
Thu May 23, 2013 10:29 am
Forum: Other Discussions
Topic: "Generation X: An Inconvenient Era"
Replies: 8
Views: 3301

Re: "Generation X: An Inconvenient Era"

Interesting article. I agree with it in the sense that timing is absolutely important and people underestimate the societal impact of the Boomers based solely on their size relative to other generations.  "All things being equal" is a natural fallacy -- The market is never constant. Still,...
by Tyler
Wed May 22, 2013 6:27 pm
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

No worries Bud. As mentioned, your angst gives voice to what many are feeling.
by Tyler
Wed May 22, 2013 5:49 pm
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

Seen in this light, I can absolutely understand the appeal of such a portfolio. It seems like it's very psychologically well suited for someone whose two major goals are participating to a large extent in the stock party, but losing less than others when the party ends. Yeah, that makes sense. But ...
by Tyler
Wed May 22, 2013 4:58 pm
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

PP(VTI/TLT/SGOL/SCHO): -0.8%
60/40 (VTI/TLT): -1.2%
by Tyler
Wed May 22, 2013 1:45 pm
Forum: Permanent Portfolio Discussion
Topic: Ben Bernankes speech and the four asset classes?
Replies: 4
Views: 2582

Re: Ben Bernankes speech and the four asset classes?

Reub wrote: Bernanke speaks and the 3 volatile asset classes all crash! Wonderful!
I give the man credit - that takes talent.  ;)

I feel inspired to start a mattress ETF. Profit!
by Tyler
Mon May 20, 2013 9:36 am
Forum: Other Discussions
Topic: How free is your state?
Replies: 25
Views: 8391

Re: How free is your state?

Texas public school funding comes from property taxes, and although Texas houses are relatively inexpensive the property taxes are pretty high.  There are good schools and bad ones just like any state.  Since 41.5% of Hispanics choose not to carry health insurance, it makes sense that border states ...
by Tyler
Fri May 17, 2013 3:09 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 3693
Views: 1775752

Re: The GOLD scream room

On days like today, remember that frustration like this is an opportunity for great profit!

[EDIT to label the mystery link: I imagine this is what the gold scream room looks like  ;)]

http://tinyurl.com/ax43yfu
by Tyler
Fri May 17, 2013 1:22 pm
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

It appears as if the 25% allocation to stocks is insufficient to buoy the entire PP even with a 30% allocation to equities, 20% to Gold and 25% each to LTT and Cash (current allocation). It's only May.  Give it time.  Even as tides come and go, bouys still bob with the waves.  The PP is still on mu...
by Tyler
Thu May 16, 2013 10:04 am
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

I had a similar experience last year when I started my portfolio.  Looking backward, I had chosen the worst month of the year to start a PP; I still ended the year up 4 or 5%.  It all evens out eventually, but starting out it can be painful to watch. Starting a PP in a bad month sure beats ending a...
by Tyler
Wed May 15, 2013 9:44 am
Forum: Permanent Portfolio Discussion
Topic: What is the Standard Deviation of the PP?
Replies: 5
Views: 3622

Re: What is the Standard Deviation of the PP?

I've also been obsessed with Firecalc.  Rediscovered this thread last night and had a thought. If we look at the real returns (after inflation), the performance from 1975-2012 is 4.76% CAGR, 6.84% SD.  While that reflects the same overall 4% inflation rate in the CAGR that MachineGhost references, t...
by Tyler
Tue May 14, 2013 10:32 am
Forum: Other Discussions
Topic: Phone Records of Journalists Seized by Justice Department
Replies: 11
Views: 4755

Re: Phone Records of Journalists Seized by Justice Department

The press is really circling the wagons on this. I don't think they're gonna let the administration get off easy. The long honeymoon seems to be over; it sort of feels like they're beginning to turn on Obama a bit. I mean, The HuffPo is reporting daily on the IRS scandal now! The problem with targe...
by Tyler
Tue May 14, 2013 10:22 am
Forum: Permanent Portfolio Discussion
Topic: Need suggestions with a challenging rebalancing dilemma
Replies: 9
Views: 5067

Re: Need suggestions with a challenging rebalancing dilemma

I'd similarly be concerned with having a taxable account 100% in gold.  That carries too much risk to near-term liquid assets for my tastes. As has already been said, I'd personally set up the taxable account as it's own PP and just do the best you can with the tax-deferred accounts.  And if you eve...
by Tyler
Mon May 13, 2013 5:27 pm
Forum: Other Discussions
Topic: IRS Admits They Targeted Conservatives
Replies: 90
Views: 25329

Re: IRS Admits They Targeted Conservatives

- Benghazi whistle-blowers being threatened to keep quiet. - Admissions that the IRS has been used as a weapon against political opposition. - And today, the AP is pushing back at the justice department for snooping on its phone records. Quite the interesting week for the revelations of abuse of pol...
by Tyler
Mon May 13, 2013 10:50 am
Forum: Other Discussions
Topic: Supreme Court sides with Monsanto in major patent case
Replies: 4
Views: 1173

Re: Supreme Court sides with Monsanto in major patent case

While I don't particularly like the way agriculture is moving towards a disposable business model where you must buy new seed every year (at increasingly high prices) rather than using what you have, I don't think this case is particularly controversial.  Most farmers must find the greater yield fro...
by Tyler
Fri May 10, 2013 4:12 pm
Forum: Variable Portfolio Discussion
Topic: What's your favorite VP Fund?
Replies: 17
Views: 9595

Re: What's your favorite VP Fund?

This isn't really a fund, but I've always been a fan of the "Dogs of the Dow" strategy.  Simple and mechanical, and seems to work. That counts!  Various dividend strategies are appealing to me, too, especially since they work well with a buy & hold mentality and don't require much mai...
by Tyler
Fri May 10, 2013 2:46 pm
Forum: Variable Portfolio Discussion
Topic: What's your favorite VP Fund?
Replies: 17
Views: 9595

What's your favorite VP Fund?

AdOrientum brought up in another thread the idea of having an 80/20 PP/VP split and simply choosing a single stock index fund for the VP to buy and hold with long-term growth in mind. I've been tossing around the same idea, but have never pulled the trigger because I can't identify a fund that makes...
by Tyler
Fri May 10, 2013 10:24 am
Forum: Permanent Portfolio Discussion
Topic: Oh how it hurts to see no gains
Replies: 412
Views: 162443

Re: Oh how it hurts to see no gains

What is more important to me is not having to deal with losses. In a bad year for the PP it has 0% return.  In a bad year for stocks you must deal with 40%+ losses. +1.  Maintaining overall value while a major asset has a significant correction is a feature, not a bug.  For me, the only way to elim...
by Tyler
Wed May 08, 2013 6:18 pm
Forum: Other Discussions
Topic: Bangazi hearings today
Replies: 70
Views: 17401

Re: Bangazi hearings today

i don't think its remarkable in the sense incompetence, political expedience being used to make life and death decisions, coverups and press manipulation, and American deaths, are all pretty much an everyday thing now... i wish it was seen as remarkable and that people weren't numb to this sort of ...
by Tyler
Tue May 07, 2013 12:20 pm
Forum: Other Discussions
Topic: Sign of the times
Replies: 52
Views: 11853

Re: Sign of the times

Like I said, I think it's geographical. Here in Silicon Valley, it's the Christians (I'm not one of them, for the record) who are practically a persecuted minority, often in a similar manner to what you describe. I remember when I first moved to the Bay Area. A young millennial I worked with who ha...
by Tyler
Tue Apr 30, 2013 11:04 pm
Forum: Other Discussions
Topic: MMM gets page in the Washington Post
Replies: 14
Views: 4842

Re: MMM gets page in the Washington Post

doodle wrote: For those who haven't done so yet, I really recommend Walden by Thoreau.
Free for the iPad, and now downloaded.  Thanks for the recommendation.
by Tyler
Tue Apr 30, 2013 9:36 pm
Forum: Other Discussions
Topic: MMM gets page in the Washington Post
Replies: 14
Views: 4842

Re: MMM gets page in the Washington Post

LOL, I say this all the time because I really dig modern art.  It's not meant in a derogatory way, though -- it's more like... I could have done that!  Nevertheless it is also a yardstick by which I measure whether I would purchase said art.  No matter how interesting a circle in the sand is (or wh...