Search found 120 matches

by hedgehog
Tue Feb 04, 2014 1:38 pm
Forum: Permanent Portfolio Discussion
Topic: Fee-Only Advisors - NAPFA - National Association of Personal Financial Advisors?
Replies: 8
Views: 4142

Re: Fee-Only Advisors - NAPFA - National Association of Personal Financial Advisors?

@Libertarian666
Of course I don't need an adviser. I just had to ask it, OK? ;)

@moda0306
Thanks, very interesting. I kinda share your experience.
by hedgehog
Tue Feb 04, 2014 9:52 am
Forum: Permanent Portfolio Discussion
Topic: How to Read a Prospectus?
Replies: 2
Views: 2973

How to Read a Prospectus?

Once I came across a nice article titled "How to Read a Prospectus'. Googling for the term brings out several variants with the same title.

Which one is solid advice of these articles? Really: How to Read a Prospectus?
by hedgehog
Tue Feb 04, 2014 9:37 am
Forum: Permanent Portfolio Discussion
Topic: Crawling Road blog post - Permanent Portfolio Performance and Historical Returns
Replies: 12
Views: 9155

Re: Crawling Road blog post - Permanent Portfolio Performance and Historical Returns

I don't remember the Sharpe ratio being on there, but this might help: http://mebfaber.com/2013/07/31/asset-allocation-strategies-2/ I very much like this graph. Thanks for bringing it to my attention. What can be concluded of it? Comparing CARG, Sharpe and Standard Deviation, is my assumption corr...
by hedgehog
Tue Feb 04, 2014 4:56 am
Forum: Permanent Portfolio Discussion
Topic: Crawling Road blog post - Permanent Portfolio Performance and Historical Returns
Replies: 12
Views: 9155

Crawling Road blog post - Permanent Portfolio Performance and Historical Returns

I guess I asked the same question before but it remains unanswered so here I go again: https://web.archive.org/web/20160324133409/http://www.crawlingroad.com/blog/2008/12/22/permanent-portfolio-historical-returns/ The question: if I recall correctly, some risk measures were featured in this post, li...
by hedgehog
Tue Feb 04, 2014 4:42 am
Forum: Permanent Portfolio Discussion
Topic: Fee-Only Advisors - NAPFA - National Association of Personal Financial Advisors?
Replies: 8
Views: 4142

Fee-Only Advisors - NAPFA - National Association of Personal Financial Advisors?

My Internet searches brought this topic to my attention: 1. Gary Schatsky http://www.objectiveadvice.com/garyschatsky.html "Advice from Experts Who Only Sell Advice" He is Chair Emeritus of NAPFA (National Association of Personal Financial Advisors)- which represents fee-only financial adv...
by hedgehog
Sun Feb 02, 2014 2:33 am
Forum: Permanent Portfolio Discussion
Topic: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache
Replies: 15
Views: 11138

Re: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache

Referring to the chart: If your savings rate is 20%, then if your investment return is 15%/year it will take you 20 years to amass enough money to retire.  At 6% return, it will take almost 40 years.  Retirement is calculated as portfolio total x investment return rate >= spending rate pre-retireme...
by hedgehog
Sat Feb 01, 2014 8:03 pm
Forum: Permanent Portfolio Discussion
Topic: How does an investment company like Berkshire receives incentives from clients?
Replies: 4
Views: 2799

Re: How does an investment company like Berkshire receives incentives from clients?

Unless you bought AAPL in an IPO (i.e. on a primary market), Apple doesn't see a dime of what you paid for their stock.  When most people buy stock, they are buying in the secondary market.  In the secondary market, I buy from you in hopes that the price will go up: I hope to reap some reward when ...
by hedgehog
Sat Feb 01, 2014 7:55 pm
Forum: Permanent Portfolio Discussion
Topic: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache
Replies: 15
Views: 11138

Re: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache

I received this older article from quite a few sources just nowadays: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ (He is kind of too frugal for my taste; in other words: why not focus instead on offering some value to society in the form of a succes...
by hedgehog
Fri Jan 31, 2014 11:36 pm
Forum: Permanent Portfolio Discussion
Topic: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache
Replies: 15
Views: 11138

Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache

I received this older article from quite a few sources just nowadays: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ (He is kind of too frugal for my taste; in other words: why not focus instead on offering some value to society in the form of a success...
by hedgehog
Fri Jan 31, 2014 11:30 pm
Forum: Permanent Portfolio Discussion
Topic: How does an investment company like Berkshire receives incentives from clients?
Replies: 4
Views: 2799

Re: How does an investment company like Berkshire receives incentives from clients?

OK. I understand why it is good for a 'real' company to buy a stock in them, such as Apple: they do research and development from my money, expand and sell more stuff. Easy. But how about a holding company? What is their benefit of me buying their stock? Let's assume here they only own stocks of oth...
by hedgehog
Fri Jan 31, 2014 2:01 pm
Forum: Permanent Portfolio Discussion
Topic: How does an investment company like Berkshire receives incentives from clients?
Replies: 4
Views: 2799

Re: How does an investment company like Berkshire receives incentives from clients?

To further clarify my question: if I buy BRK-A or BRK-B which is a stock made up of other stocks, how does Mr. Buffett & co profits from me buying given portfolio packaged as BRK instead of me going out picking the stocks together one by one just like they do?
by hedgehog
Thu Jan 30, 2014 3:02 pm
Forum: Permanent Portfolio Discussion
Topic: How does an investment company like Berkshire receives incentives from clients?
Replies: 4
Views: 2799

How does an investment company like Berkshire receives incentives from clients?

Portfolio managers or investment advisers(?): The 2 main business models are: - One who receives a fixed fee, regardless if he advised you on a winning or losing investment - One who receives a performance fee, usually only when the investment is in the black How about a 3rd business model like Ber...
by hedgehog
Thu Jan 02, 2014 3:07 am
Forum: Permanent Portfolio Discussion
Topic: Personal MBA (Josh Kaufman) & Permanent Portfolio Investing Strategy
Replies: 18
Views: 11354

Re: Personal MBA (Josh Kaufman) & Permanent Portfolio Investing Strategy

Let's play that you do not reveal the LTT acronym to me. How do I find what it means from Google? My searches so far resulted with no luck, including search on this very forum

Many thanks.
by hedgehog
Wed Jan 01, 2014 2:58 pm
Forum: Permanent Portfolio Discussion
Topic: Understanding brokerage fees or commissions (one way, round trip?)
Replies: 1
Views: 1198

Understanding brokerage fees or commissions (one way, round trip?)

Brokerages just say their fees are $5, $10 or just 1$ (for Interactive Brokers). However it is nowhere stated on any brokerage's site if said fee is one way, round trip (or you can never be sure) and when it is applied (buy or sell)? Ir is something I should know without a proper explanation? Strange.
by hedgehog
Wed Jan 01, 2014 2:42 pm
Forum: Variable Portfolio Discussion
Topic: Nicolas Darvas: Best trading book you'll ever read (most entertaining, too)
Replies: 4
Views: 2712

Re: Nicolas Darvas: Best trading book you'll ever read (most entertaining, too)

This old classic  book might only give you a starting point. Then you can find with a quick search on Google that many of today's successful traders can trace their methods back to Darvas.

Then your journey really starts. ;)
by hedgehog
Wed Jan 01, 2014 2:40 pm
Forum: Permanent Portfolio Discussion
Topic: Personal MBA (Josh Kaufman) & Permanent Portfolio Investing Strategy
Replies: 18
Views: 11354

Re: Personal MBA (Josh Kaufman) & Permanent Portfolio Investing Strategy

http://personalmba.com/permanent-portfolio/ Quote from the page: Here’s the asset allocation: 25% Total Stock Market Index – via the Vanguard Total Stock Market ETF (Ticker: VTI) 25% Long-Term Government Bonds – via the iShares Barclays 20+ Year US Treasury Bond ETF (Ticker: TLT) 25% Gold – via Cen...
by hedgehog
Wed Jan 01, 2014 11:16 am
Forum: Variable Portfolio Discussion
Topic: Nicolas Darvas: Best trading book you'll ever read (most entertaining, too)
Replies: 4
Views: 2712

Nicolas Darvas: Best trading book you'll ever read (most entertaining, too)

How I Made $2, 000, 000 in the Stock Market by Nicolas Darvas Amazon.com description: http://www.amazon.com/How-Made-000-Stock-Market/dp/1614271690 Hungarian by birth, Nicolas Darvas trained as an economist at the University of Budapest. Reluctant to remain in Hungary until either the Nazis or the ...
by hedgehog
Tue Dec 24, 2013 6:49 pm
Forum: Permanent Portfolio Discussion
Topic: Casey Research: Your Stocks and Bonds Are No Longer Your Property
Replies: 1
Views: 1752

Casey Research: Your Stocks and Bonds Are No Longer Your Property

Happy New Year!
Free Report: http://www.caseyresearch.com/special-re ... r-property

Did not read it yet; sent it to you first.

My question: How it all affects non US persons holding US equities by non US brokers?
by hedgehog
Sun Dec 22, 2013 7:40 pm
Forum: Variable Portfolio Discussion
Topic: What is your view on Hedge Funds?
Replies: 9
Views: 6643

Re: What is your view on Hedge Funds?

This one is just hot off the press - http://www.forbes.com/sites/timothyspangler/2013/12/21/getting-started-in-the-glamorous-world-of-hedge-funds/ Open source hedge fund strategy - http://www.followingthetrend.com/ Good summary - https://www.quora.com/What-are-the-main-differences-between-a-hedge-fu...
by hedgehog
Sun Dec 22, 2013 5:34 am
Forum: Permanent Portfolio Discussion
Topic: Robin Hood App
Replies: 16
Views: 9217

Re: Robin Hood App

Great find.

On this other notable forum (FlyerTalk) it is customary to do so called 'Congas' where each newcomer to the party signs up at the referral link of the last person in line.

Thank you for considering: https://www.robinhood.io/?ref=HWSj28