Search found 188 matches

by PP67
Fri Jul 11, 2014 6:18 pm
Forum: Permanent Portfolio Discussion
Topic: Terrific Graphic
Replies: 35
Views: 18235

Re: Terrific Graphic

Does PeaktoTrough generate real returns?
by PP67
Tue Jun 17, 2014 4:58 pm
Forum: Permanent Portfolio Discussion
Topic: CPI Reading, Gold and Other Assets
Replies: 16
Views: 4438

Re: CPI Reading, Gold and Other Assets

... I'll have to add CNBC to my Doomer Porn list...
by PP67
Tue Jun 17, 2014 1:00 pm
Forum: Permanent Portfolio Discussion
Topic: CPI Reading, Gold and Other Assets
Replies: 16
Views: 4438

Re: CPI Reading, Gold and Other Assets

If you follow the Doomer-Porn Zero Hedge, the drop in bonds may be in part due to the "leak" of an alleged plan by the Fed to initial "exit  fees" on bonds to stampede bond holders in stocks... http://www.zerohedge.com/news/2014-06-16/fed-prepares-bond-fund-runs-looking-imposing-...
by PP67
Thu Apr 10, 2014 4:55 pm
Forum: Permanent Portfolio Discussion
Topic: Today is a good day for PP
Replies: 17
Views: 8156

Re: Today is a good day for PP

To illustrate what a difference a year makes and how vacillating our fickle investment horizon perspective has been, anyone who started their PP on 6/23/2013 (the date of rickb's comments to stay the course when there was a lot of hand wringing going on), they would be up 5.44% (CAGR 6.87%)...
by PP67
Thu Dec 19, 2013 9:04 am
Forum: Gold
Topic: Should I be freaking out?
Replies: 28
Views: 18571

Re: Should I be freaking out?

Newbie question about buying physical gold:  When you place an order, is your order locked in at a certain price or is it the price of gold when they finally ship?

Thanks!
by PP67
Wed Dec 18, 2013 1:43 pm
Forum: Other Discussions
Topic: Salon.com: welfare creates poverty
Replies: 12
Views: 3408

Re: Salon.com: welfare creates poverty

In terms of government redistribution efforts, I thought this was interesting from Mish's website the other day: Income Group:  Market Income + SS/Medicare + Other Transfers - Fed Taxes = After Tax Income Bottom 20%      $8,000 + $14,200 + $8,500 - $0 = $30,800 2nd Quintile:      $30,700 + $10,300 +...
by PP67
Wed Dec 04, 2013 12:58 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing Band of Brothers
Replies: 2
Views: 2275

Rebalancing Band of Brothers

"Genuine diversification sometimes means owning what you hate...." If that is a true statement, the PP is indeed very diversified... Getting very close to rebalancing bands...  I think until you have rebalanced into a declining asset, you have never really tested your commitment to the PP ...
by PP67
Mon Nov 25, 2013 5:34 pm
Forum: Gold
Topic: GTU
Replies: 19
Views: 12603

Re: GTU

I am completely new to all this...

Looks like GTU closed at $42.93 today at a NAV of -7.81%...

modeljc, just curious: What was your buy limit order and how did you come to that number?

Thanks!
by PP67
Fri Nov 22, 2013 5:50 pm
Forum: Gold
Topic: GTU
Replies: 19
Views: 12603

Re: GTU

It looks like GTU might be currently selling at a 7.5% discount (per some handy spreadsheet someone on this forum provided)... I have been thinking of selling all my GLD in my taxable account (which would be a large loss) and replacing it with GTU...  Again, I am still no sure about the wash rule on...
by PP67
Wed Nov 13, 2013 10:00 am
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 282
Views: 126945

Re: PP investors--stay the course

Thanks, DJ3...  I guess one perspective would be that the PP has experienced an abnormally low performance in the past 12 months that has occurred less than 5% of the time over last 40+ yrs...  One could surmise that while this low performance is certainly possible, it is unlikely to be the norm goi...
by PP67
Tue Nov 12, 2013 2:41 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 282
Views: 126945

Re: PP investors--stay the course

According to Peak2Trough, for the last 12 months, the HBPP has return of -2.89%...and there have been several calls that the HBPP is doomed... However, over the past 42 yrs when there apparently was nothing inherently wrong with the HBPP, there have been 120 periods (which were undoubtedly less or g...
by PP67
Fri Nov 08, 2013 4:30 pm
Forum: Other Discussions
Topic: Affordable Care Act Woes (Obamacare)
Replies: 167
Views: 49879

Re: Affordable Care Act Woes (Obamacare)

Never ascribe to malice that which is adequately explained by incompetence - Napoleon Bonaparte
by PP67
Tue Oct 29, 2013 8:08 am
Forum: Gold
Topic: Tax harvest GLD and buy GTU?
Replies: 6
Views: 4711

Re: Tax harvest GLD and buy GTU?

Thanks for your input, everyone...  Lots of pros and cons to weigh...  I probably should talk to a tax guy and get it resolved in my mind before the end of the year!

Again, thanks everyone!
by PP67
Sat Oct 26, 2013 11:43 am
Forum: Gold
Topic: Tax harvest GLD and buy GTU?
Replies: 6
Views: 4711

Re: Tax harvest GLD and buy GTU?

I saw in a previous thread that Fidelity requires you to hold PRPFX for 60 days to avoid paying some short term fee... Does anyone know what these fees are?  I think foglifter uses PRPFX in his Fidelity account as a "cash" accumulator...  Is there any way to cost-effectively/automatically ...
by PP67
Sat Oct 26, 2013 11:12 am
Forum: Gold
Topic: Tax harvest GLD and buy GTU?
Replies: 6
Views: 4711

Re: Tax harvest GLD and buy GTU?

Thanks... I had another idea.... I also have a loss on my TLT holdings (imagine that!) so what if I sold all my GLD and TLT holdings and bought PRPFX... Hold the PRPFX for at least 31 days... Sell the PRPFX and just enough of my VTI to rebalance and buy GTU (or some physical), TLT and SHY to get bac...
by PP67
Fri Oct 25, 2013 4:36 pm
Forum: Gold
Topic: Tax harvest GLD and buy GTU?
Replies: 6
Views: 4711

Tax harvest GLD and buy GTU?

I am getting close to a 15/35 rebalancing band (stocks = 33%) in my taxable account.  I also hold GLD in this account that is down 19.3% since purchase in 1/2012.  My thought was when I rebalance, I could sell all my GLD and buy GTU (NAV -4.19% as of today) to take the loss on my GLD for this tax ye...
by PP67
Sun Oct 20, 2013 9:04 am
Forum: Other Discussions
Topic: Mac Airbook - No or later?
Replies: 18
Views: 8451

Mac Airbook - No or later?

Our Dell laptop is now very old and very slow... We use our iPad ad much ad possible but it is always nice to have a full functioning computer in your quiver... I know back in 2011 there were several on this forum that got the Mac Airbook and gave it very good reviews... Are you Mac Airbook owners s...
by PP67
Fri Oct 11, 2013 10:13 am
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 282
Views: 126945

Re: PP investors--stay the course

Thanks for taking one for the team, Gerard!
by PP67
Tue Sep 24, 2013 12:46 pm
Forum: Variable Portfolio Discussion
Topic: Sports Betting as an Investment
Replies: 25
Views: 12191

Re: Sports Betting as an Investment

You would have been ahead if you started with $10,000 on 6/8/2013 in a PP...You would now have $9,813...

... and no one gets hurt!...
by PP67
Thu Sep 12, 2013 8:49 am
Forum: Gold
Topic: Is the GLD ETF on verge of failure?
Replies: 5
Views: 3871

Re: Is the GLD ETF on verge of failure?

Seems to be working...  GLD down =2.6% at the open...
by PP67
Sun Sep 08, 2013 4:17 pm
Forum: Permanent Portfolio Discussion
Topic: Why "should" the PP system work?
Replies: 49
Views: 17949

Re: Why "should" the PP system work?

Using peak-to-trough's calculator, for the period 1972-current the number of times there were drawdowns >7%: HBPP w/ 35/15 rebalance: 15 60/40 Stocks/Bonds (annual rebalance): 52 100% Stocks: 116 100% Bonds: 70 100% Gold: 186 100% Cash: 0 Past performance is no guarantee of future results... Bottom ...
by PP67
Thu Aug 22, 2013 4:58 pm
Forum: Stocks
Topic: We will know more about this stock rally in three months.
Replies: 49
Views: 24671

Re: We will know more about this stock rally in three months.

I just hope I hit a rebalance band before then!...:)
by PP67
Thu Jul 18, 2013 5:38 pm
Forum: Gold
Topic: Now we know why the price of gold has dropped...
Replies: 0
Views: 1305

Now we know why the price of gold has dropped...

CNN) -- All that glitters is not gold, they say. But all the gold in the world may come from astronomical events that send a lot of high-energy light out in space. Researchers have new evidence that gold comes from the collision of neutron stars. "We can account for all the gold in the universe...
by PP67
Sat Jul 13, 2013 11:12 am
Forum: Other Discussions
Topic: That "other" investment forum is really retarded
Replies: 57
Views: 23980

Re: That "other" investment forum is really retarded

I have often wondered just how many HBPP purists are out there and if there is another HBPP-centric forum universe out there...  Can't imagine another one with the incredibly high caliber of participants as this one though...
by PP67
Tue Jul 09, 2013 4:58 pm
Forum: Permanent Portfolio Discussion
Topic: Everything Is Up Today
Replies: 38
Views: 19856

Re: Everything Is Up Today

I worry a lot less when they all go up together than when they all go down together... ;)