Search found 1128 matches

by clacy
Thu Jun 09, 2011 7:03 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing based on technical triggers
Replies: 1
Views: 2852

Re: Rebalancing based on technical triggers

I have thought about scaling in for rebalances when the RSI indicator is in overbought/oversold territory on a monthly chart.  I think however, that most times this would just coincide with being close to the 15/35% bands anyway though. That is more of a bottome fishing strategy for rebalance, which...
by clacy
Thu May 12, 2011 11:15 am
Forum: Permanent Portfolio Discussion
Topic: UK Investor
Replies: 7
Views: 4495

Re: UK Investor

The PP is relative to the country you live in.  So I would buy a mutual fund or ETF based on the broad UK stock market, hold Sterling as cash, gold is gold obviously and long dated UK treasuries
by clacy
Thu May 12, 2011 9:44 am
Forum: Variable Portfolio Discussion
Topic: Retiring a 60/40 portfolio
Replies: 18
Views: 10305

Re: Retiring a 60/40 portfolio

I would say buy a more volatile stock index than TSM, but I personally believe the stock market is about to roll over , in which case more volatile stocks will likely fall farther than the overall market, so I don't know what to tell you. I tend to agree.  Of course predictions are rarely correct, ...
by clacy
Mon May 09, 2011 12:16 pm
Forum: Gold
Topic: What Will You Do When Silver Hits $40 An Ounce?
Replies: 29
Views: 15617

Re: What Will You Do When Silver Hits $40 An Ounce?

Thankfully I have stayed away from SLV recently, although I wish I would have bought some on the run up.  I am holding some PRPFX, so that has been hit fairly hard recently though.
by clacy
Mon May 09, 2011 10:27 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 27320

Re: Simple volatile uncorrelated VP

Besides, why make it more complicated? The title of this thread is, " Simple volatile uncorrelated VP" I was just responding to his question about "other 2-4 assets that one might chose".  Frankly, there are many negatively correlated assets besides just LTT/gold miners.  If he'...
by clacy
Mon May 09, 2011 8:33 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 27320

Re: Simple volatile uncorrelated VP

Even though Harry Browne advocated using 4 asset classes (US stocks, Gold, Cash, LTT), there is certainly more than that to chose from.  Here is a quick, off the top of my head list of asset classes and sub-classes: -US Stocks: many sub classes and sectors here obviously -Foreign Stocks:  emerging, ...
by clacy
Fri May 06, 2011 1:56 pm
Forum: Permanent Portfolio Funds
Topic: Gonna Be A Bad Day For PRPFX
Replies: 39
Views: 22752

Re: Gonna Be A Bad Day For PRPFX

There's your answer MediumTex. I am not comfortable holding an investment in a taxable account with this degree of volatility. I asked myself whether I was committed to holding the fund if GLD had a similar correction to what SLV has experienced lately. The answer was no. I have no plan at this poi...
by clacy
Thu May 05, 2011 10:29 am
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32014

Re: HBPP compared to other strategies on The Retire Early Homepage

The fact is we none of us will ever really know how the PP will perform in the future.  40 years is not really long enough to draw concrete conclusions.  The HBPP seems to be as solid as it comes in terms of protection, but that protection likely comes at a price in terms of growth.  Which is exactl...
by clacy
Thu May 05, 2011 9:30 am
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32014

Re: HBPP compared to other strategies on The Retire Early Homepage

As long as the US continues to send dollars overseas to purchase goods, those dollars will continue to come back to the US in for form of treasuries and/or US stock market purchases, IMO.  That is from Harry Browne's radio show and it makes sense to me.  That would more or less give us some sort of ...
by clacy
Sun May 01, 2011 3:10 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32014

Re: HBPP compared to other strategies on The Retire Early Homepage

The charts do speak for themselves. Even during the late 90's stock boom and gold bust the portfolio did perfectly fine. From a retirement income perspective, what drew me to the portfolio is that I didn't find any long rolling years of negative real returns. Something that many other strategies ca...
by clacy
Thu Apr 28, 2011 10:17 pm
Forum: Bonds
Topic: AAA LT Corporate Bonds
Replies: 9
Views: 5877

Re: AAA LT Corporate Bonds

Go on Yahoo Finance and do a five year comparison of VWESX (Vanguard long term corporate bond fund) and VUSTX (Vanguard long term treasury fund) and see which you would rather have had in 2008. I'm just using VUSTX for convenience; 30 year treasuries did even better in 2008. Exactly.  In any sort o...
by clacy
Wed Apr 27, 2011 7:36 pm
Forum: Variable Portfolio Discussion
Topic: National Bank of Greece
Replies: 6
Views: 4523

Re: National Bank of Greece

Speculating on Greek stocks takes some very large cojones!!!
by clacy
Sun Apr 24, 2011 6:10 pm
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37586

Re: Do we need more protection than just the PP?

I tend to agree with everything that MT just said. I really don't know of a better way to protect your money than the HBPP and still grow it.
by clacy
Fri Apr 22, 2011 11:43 am
Forum: Cash
Topic: FSBIX okay for cash?
Replies: 8
Views: 5970

Re: FSBIX okay for cash?

FSBIX seems to have more volatility relative to SHY, but it's in the same ballpark.  You could put half or 2/3's of your cash allotment into FSBIX and keep the other half/third in the MM, which will smooth your volatility a little.
by clacy
Wed Apr 20, 2011 11:04 am
Forum: Gold
Topic: Gold Mutual Funds
Replies: 7
Views: 4844

Re: Gold Mutual Funds

There are a number of them, but in my research a couple of years ago, most were load funds, which I am not a big fan of.  Here is a list, many of which I'm guessing you'll find, are "Precious Metal Funds" that hold gold in addition to silver, and other metals. http://www.preciousmetalinves...
by clacy
Mon Apr 18, 2011 10:08 am
Forum: Gold
Topic: Chinese Inflation Now Officially at 5.4%
Replies: 3
Views: 2915

Re: Chinese Inflation Now Officially at 5.4%

We don't export manufactured goods like we used to, but we sure do export inflation well!!! ;D
by clacy
Sat Apr 16, 2011 8:04 pm
Forum: Permanent Portfolio Discussion
Topic: How Many Of You Have Multiple Brokerage Accounts?
Replies: 12
Views: 11054

Re: How Many Of You Have Multiple Brokerage Accounts?

Between my wife and I (I manage all the investing for both of our assets), we have accounts at TDameritrade, Scottrade (x2), and another firm too small to mention.  My wife will soon be opening a Roth IRA account at Vanguard. It is sort of a pain having your assets spread out between multiple accoun...
by clacy
Fri Apr 15, 2011 9:06 pm
Forum: Permanent Portfolio Funds
Topic: PRPFX Comparisons to HB PP
Replies: 33
Views: 26057

Re: PRPFX Comparisons to HB PP

I do a bit of both for my portion of investable money that is allocated to the PP.  I do see that PRPFX is slightly more risky.  I agree that the past decade has been great for PRPFX due to having higher allocations to hard assets and less LT bonds, which of course is great timing.  That of course d...
by clacy
Thu Apr 14, 2011 11:37 am
Forum: Variable Portfolio Discussion
Topic: Momentum
Replies: 1
Views: 2791

Re: Momentum

Clive, I appreciate your posts.  I tend to agree with much of what you just said.  I personally am using about 1/3rd of my assets in the HBPP and/or PRPFX. I actually look at that as similar to cash (stable).  Of course I understand that this portion could have a DD, but so can cash as purchasing po...
by clacy
Wed Apr 13, 2011 12:29 pm
Forum: Gold
Topic: Are financial websites purposefully trying to confuse people?
Replies: 5
Views: 3604

Re: Are financial websites purposefully trying to confuse people?

I'm fully convinced that for every bullish case, an equally compelling bearish case could be made by someone else.  That stands for any asset class, at virtually any time.  Think about it.  If these "writers" knew when to invest and in which asset class, why would they be writing for a sma...
by clacy
Tue Apr 12, 2011 12:02 pm
Forum: Gold
Topic: Kitco Pool Account
Replies: 8
Views: 5364

Re: Kitco Pool Account

Just2trade and optionshouse are two brokers that charge $2.50 and $3.95 respectively to trade.  Interactive Brokers is another low cost equity broker.  Obviously when DCA'ing into any security, it is important to keep your trading costs as low as possible. Wellstrade offers 100 free equity trade per...
by clacy
Tue Apr 12, 2011 8:15 am
Forum: Permanent Portfolio Discussion
Topic: How long have you been running the PP?
Replies: 47
Views: 63163

Re: How long have you been running the PP?

MediumTex, Have you ever looked at Harry Dent?  I just received his book, but haven't had time to read it.  He is a very demographic-driven economist.  He seems to be very bearish about the next decade or more and he's pessimistic overall about the future of the US (again I haven't read much of his ...
by clacy
Mon Apr 11, 2011 9:13 pm
Forum: Permanent Portfolio Discussion
Topic: How long have you been running the PP?
Replies: 47
Views: 63163

Re: How long have you been running the PP?

I have been running with 1/3rd of my investable assets in the HBPP for less than two months now.  I recently found out about HB/PP reference while perusing the Morningstar board.  That led me to the bogleheads threads and then to this.  I was looking for a mean reversion strategy at the time, to com...
by clacy
Mon Apr 11, 2011 11:27 am
Forum: Permanent Portfolio Discussion
Topic: Podcast - 2011-04-03 - Cash and the Permanent Portfolio
Replies: 27
Views: 14755

Re: Podcast - 2011-04-03 - Cash and the Permanent Portfolio

Clive's devil's advocacy reminds me of the investment equivalent of two of the three little pigs showing the third little pig some homebuilder's research demonstrating that stick and straw houses represent better home values than brick construction according to all conventional metrics. The third l...
by clacy
Mon Apr 11, 2011 9:53 am
Forum: Permanent Portfolio Discussion
Topic: Podcast - 2011-04-03 - Cash and the Permanent Portfolio
Replies: 27
Views: 14755

Re: Podcast - 2011-04-03 - Cash and the Permanent Portfolio

Clive, I appreciate your point of view and probably tend to agree with you quite a little.  I hold about 1/3 of my investable assets in the PP.  That is the portion of my assets that I feel is the most stable (but you can never be 100% sure about that obviously).  I also use some other strategies si...