Search found 336 matches

by HB Reader
Wed Feb 26, 2014 11:22 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

Is Mt Gox finished? It sure seems like it.  Has anything happened to the bitcoin price as a result of this whole thing? BTC is currently trading at $583. I think the collapse of Mt Gox is just a hiccup.  It is probably a non-event in terms of the long term success or failure of bitcoin, but it make...
by HB Reader
Wed Feb 19, 2014 3:44 pm
Forum: Stocks
Topic: Protection against a sharp drop
Replies: 18
Views: 12388

Re: Protection against a sharp drop

Does anyone here have a feel for whether or not this fixation on stocks was also the case during the 1970's? Or were people obsessing about not having enough cash? I guess you'd have to say "no".  Unless you were uber-wealthy, you didn't mess around with the stock market.  There was no su...
by HB Reader
Mon Feb 17, 2014 9:17 pm
Forum: Other Discussions
Topic: Evolution of the Area Code
Replies: 6
Views: 3337

Re: Evolution of the Area Code

I'm old enough to remember phones with NO dials or buttons.  Pick up the small town rural party-line phone and a human would ask what number you wanted to be connected to ... and the neighbors would all listen to the conversation if they were bored. You're older than me (and that's pretty old). I r...
by HB Reader
Mon Feb 17, 2014 5:19 pm
Forum: Other Discussions
Topic: Mad Men
Replies: 3
Views: 2175

Re: Mad Men

I find it interesting, but not addictive like Breaking Bad.  I actually find it very addictive, but I wasn't sure if others would, which was why I posted. Definitely not the edge-of-your-seat drama that a show like Breaking Bad was, but I love the dialogue, especially the business talk between all ...
by HB Reader
Fri Feb 14, 2014 11:27 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

I've been under the impression that Mt.Gox was the big player, #1 exchange. So you can send them money and "buy" bitcoins there but they are stuck there? So they will take money and you get nothing in return right now? What is going on? Does anyone know? I guess they were the #1 exchange,...
by HB Reader
Wed Feb 12, 2014 9:10 am
Forum: Permanent Portfolio Discussion
Topic: MarketWatch Article on How to Invest Like a Cockroach
Replies: 4
Views: 3509

Re: MarketWatch Article on How to Invest Like a Cockroach

I think this article was linked on here before. It sounds very familiar and if I remember right, there was some sharp criticism of the author for basically plagiarizing HB's ideas and trying to pass them off as his own. Yup. Same author (Dylan Grice). Old thread here. I searched the document to see...
by HB Reader
Mon Feb 10, 2014 11:28 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

Anyone buying after the sell-off? Is anyone eyeing a price that they will buy at? I'm buying about $500 in bitcoins each month.  I have no target price, I'm just dollar-cost averaging. Yeah, I just bought a similar small amount for the first time in about eight or nine months.  I'll probably DCA ev...
by HB Reader
Wed Feb 05, 2014 6:06 pm
Forum: Permanent Portfolio Discussion
Topic: PP thread at Bogleheads
Replies: 30
Views: 18420

Re: PP thread at Bogleheads

Tongue firmly in cheek HB?? I was just restating stuff from CraigR and MT's book.  They should get due credit.  However - I totally agree with them that sitting on your hands is probably a lot more important an investing concept than CAGR.  Because of this forum (primarily), I went and compared my ...
by HB Reader
Mon Feb 03, 2014 5:23 pm
Forum: Permanent Portfolio Discussion
Topic: PP thread at Bogleheads
Replies: 30
Views: 18420

Re: PP thread at Bogleheads

Once again though, it isn't about returns over 40 years.  To get that return you have to stick with your strategy over a long period of time without panicking.  Most of us would have a hard time sitting on our hands as a portfolio loses 30% of its value, or gains little more than your savings accou...
by HB Reader
Mon Feb 03, 2014 12:35 pm
Forum: Permanent Portfolio Discussion
Topic: Thrift Savings Plan / TSP allocations and balancing problems
Replies: 17
Views: 9984

Re: Thrift Savings Plan / TSP allocations and balancing problems

  I switched from CSRS to FERS in the 1980s.  May I ask why you switched? My husband and I often moan and wail because we came in too late to be CSRS and had to be FERS... Boy, I can't tell you how often I get asked about that.  FERS was designed on Capitol Hill in the early 1980s (after a decade o...
by HB Reader
Sun Feb 02, 2014 5:11 pm
Forum: Permanent Portfolio Discussion
Topic: Thrift Savings Plan / TSP allocations and balancing problems
Replies: 17
Views: 9984

Re: Thrift Savings Plan / TSP allocations and balancing problems

There is also a little known program called the Voluntary Contributions Program for CSRS only (I know, a dying breed) that allows one to transfer up to 10% of lifetime earnings that have already been taxed into a Roth IRA with no fees or taxes. I used this myself. Yeah, I remember that.  I switched...
by HB Reader
Sun Feb 02, 2014 11:29 am
Forum: Permanent Portfolio Discussion
Topic: Thrift Savings Plan / TSP allocations and balancing problems
Replies: 17
Views: 9984

Re: Thrift Savings Plan / TSP allocations and balancing problems

Without getting too much in the details, I'd say to just get as close as you can.  It's not exact science, and you'll be surprised at how things just sort of work once you get started. AdamA --  I agree with most everything you've posted in this thread, especially how the G Fund is really a great f...
by HB Reader
Tue Jan 28, 2014 3:57 pm
Forum: Gold
Topic: Gold and Inflation
Replies: 18
Views: 11877

Re: Gold and Inflation

Again, why didn't Harry Browne or Craig Rowland mention all these explanations? Is gold now supposed to be a hedge against falling real interest rates? Tiburon – I've followed the PP strategy for many years and have pondered the same questions you've raised about the relationship between gold, infl...
by HB Reader
Tue Jan 28, 2014 12:55 pm
Forum: Cash
Topic: Real Cash VS. PP Cash
Replies: 11
Views: 10085

Re: Real Cash VS. PP Cash

And then before you know it, you'll want to hold everything as directly as you can.  You'll really enjoy the feeling of keeping other people's paws off your money. ETFs are a good thing if it gets you started with a sound, sustainable investing plan, but do realize it is the polar opposite of the H...
by HB Reader
Thu Jan 16, 2014 3:21 pm
Forum: Gold
Topic: Purchasing Physical Gold
Replies: 28
Views: 16164

Re: Purchasing Physical Gold

In the early 1970's, I purchased and sold British Sovereigns and Mexican 50 peso pieces (they were among the few true "bullion" coins you could legally buy and sell then).  Since 1975, I have only purchased and sold one ounce Krugerrands and American Eagles.  The Canadian Maple Leaf and Ch...
by HB Reader
Fri Jan 10, 2014 9:56 pm
Forum: Permanent Portfolio Discussion
Topic: Left Fidelity
Replies: 22
Views: 13272

Re: Left Fidelity

The way it looked to me is that they lean on the people who meet with you to discuss your portfolio. Rather then it be a meeting to find out what YOU want, they turn it into what they want. It's all BS and good riddance. In three weeks with Schwab, I got more honest and open help then in 20 years w...
by HB Reader
Fri Jan 10, 2014 12:49 pm
Forum: Permanent Portfolio Discussion
Topic: What Happened to PP in 2013?
Replies: 21
Views: 13516

Re: What Happened to PP in 2013?

My PP (two thirds of our investments) performance was -2.61% last year.  Since 1/1/2010, my average annual return has been +6.9%.  Down years suck, but I can live with small losses.  Since 1/1/2010 returns for my VP (one third of our investments) have been a little better at +10.3% per year, but the...
by HB Reader
Wed Dec 18, 2013 7:09 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

Bitcoin has fallen about 60% from the highs a couple weeks ago. Anyone who feels confident about bitcoin's future should be loading up. Is anyone doing here doing that? No judgment here (I'm about 30% in gold mining stocks now so.....imagine that beating). I'm just curious if people think it's risk...
by HB Reader
Mon Dec 16, 2013 4:52 pm
Forum: Permanent Portfolio Discussion
Topic: PP returns USA 2013?
Replies: 43
Views: 22590

Re: PP returns USA 2013?

I just reread parts of HB's Failsafe Investing, aka the bible http://www.harrybrowne.org/Archives/Archives.htm How does the Radio Show (dated 2005) compares to the book (dated (2001)? I am listening to the shows now, my assumption is Harry's latest knowledge arisen from the time he published the bo...
by HB Reader
Fri Dec 13, 2013 10:28 am
Forum: Variable Portfolio Discussion
Topic: Bitcoins
Replies: 7
Views: 3132

Re: Bitcoins

If your bank account lives in the US, then coinbase is a good choice.  That's what I use as well. I switched to Coinbase (based in San Francisco) from Mt Gox (based in Japan).  Prices may seem better on Mt Gox and entering limit orders is easy, but moving US$ in and out can be a costly and time-con...
by HB Reader
Fri Nov 29, 2013 10:27 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoins
Replies: 20
Views: 9445

Re: Bitcoins

The Bitcoin market is incredibly small compared to the gold market, so it's unlikely that there is much leakage out of gold right now. Of course, that could change, and recent events suggest that Bitcoins could one day become a safe haven currency. However, any change to the PP would be pure specul...
by HB Reader
Mon Nov 18, 2013 10:01 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

I guess that possibility (or potential, or whatever you want to call it) is what gives it value to me.  I take it that you don't see any "value" there, but that's a semantic distinction that I don't think is worth wasting time discussing. You don't think it's worth discussing whether some...
by HB Reader
Mon Nov 18, 2013 12:29 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

Meanwhile the price just hit $675. Holy moses! Is anyone here considering selling any? Sure.  I've been selling a few here and there on the way up (just like I did in April).  I just sold some at $650 this morning.  Profits from btc I bought in 2011 and 2012 have paid for a few of our vacations and...
by HB Reader
Sun Nov 17, 2013 8:19 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 378
Views: 165020

Re: Bitcoin giveaway! :)

Here's a pretty good (short) article about the possibility of a bitcoin bubble.  In spite of it's title, it's pretty impartial.  http://www.businessinsider.com/bitcoin-bubble-2013-11 Yeah, I think it's a reasonable treatment of the subject. I used to work with a very smart and worldly lawyer who es...
by HB Reader
Thu Nov 14, 2013 8:42 pm
Forum: Variable Portfolio Discussion
Topic: Value investing
Replies: 6
Views: 4051

Re: Value investing

The Wise Investor Group, based in Reston, Virginia, is a brokerage group within R.W. Baird that practices value investing for their clients.  They broadcast a one hour weekly radio show in the Washington, DC area on Sunday mornings.  They also do a 15 minute weekly update on Wednesdays.  The broadca...