Search found 147 matches

by Jake
Wed Jul 02, 2014 10:57 am
Forum: Other Discussions
Topic: My new book is free on Amazon until Friday
Replies: 13
Views: 4521

Re: My new book is free on Amazon until Friday

Thanks guys! Kshartle, just to let you know-  you don't actually need a kindle to get the ebook. You can buy kindle books and read them on Amazon's free Kindle app which is available on pretty much any platform (e.g. on your PC, Mac, phone, tablet, etc.). Amazon stores your kindle purchases on their...
by Jake
Wed Jul 02, 2014 8:09 am
Forum: Other Discussions
Topic: My new book is free on Amazon until Friday
Replies: 13
Views: 4521

My new book is free on Amazon until Friday

I just want to let you guys know that my new book Becoming an Entrepreneur: How to Find Freedom and Fulfillment as a Business Owner is currently free on Amazon until Friday. http://www.amazon.com/Becoming-Entrepreneur-Freedom-Fulfillment-Business-ebook/dp/B00JLTUFSS/ Despite being a total noob at se...
by Jake
Thu May 15, 2014 2:43 am
Forum: Other Discussions
Topic: Podcast review of A Random Walk Down Wall Street
Replies: 0
Views: 1334

Podcast review of A Random Walk Down Wall Street

Here is a 25m podcast I did about the Burton Malkiel's famous book A Random Walk Down Wall Street . The podcast includes a comparison between Malkiel's advice and Harry Browne's suggestions of the Permanent Portfolio. Episode webpage: http://www.thevoluntarylife.com/2014/05/155-review-of-random-walk...
by Jake
Sat May 10, 2014 5:53 am
Forum: Permanent Portfolio Discussion
Topic: modified pp + open blog about it
Replies: 2
Views: 2578

Re: modified pp + open blog about it

Welcome, cyclesguy!

Have you considered treating your mining shares as your variable portfolio rather than modifying your PP? The end result would be the same for now, but going forward your choice to trade mining shares would be independent of the rebalancing you do within the PP.
by Jake
Mon Dec 02, 2013 3:28 pm
Forum: Other Discussions
Topic: Physical Gold Price on Yahoo Finance?
Replies: 4
Views: 4062

Re: Physical Gold Price on Yahoo Finance?

Thanks so much for all the helpful suggestions guys! Somehow I missed the fact that there had been responses on this thread until now. CA PP, your suggestion gets the quote perfectly from Yahoo and I thought all I would need to do is convert my holdings to ounces for iBank to update. However, iBank ...
by Jake
Sun Nov 24, 2013 4:31 pm
Forum: Other Discussions
Topic: Physical Gold Price on Yahoo Finance?
Replies: 4
Views: 4062

Physical Gold Price on Yahoo Finance?

Does anyone know if there is a way to get the current price of physical gold bars expressed in GBP per kg on Yahoo Finance? I'm using the iBank personal finance app (for mac), which will automatically downloads stock quotes but only if it can search Yahoo symbol lookup with http://finance.yahoo.com/...
by Jake
Tue May 21, 2013 10:51 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing triggered?
Replies: 21
Views: 10089

Re: Rebalancing triggered?

I run a UK PP and I am probably about to hit a rebalance band for stocks. I am waiting for 35% and not jumping the gun. Last proper rebalance was summer 2011 when I sold gold (how times have changed!). However, I did have a semi-rebalance in 2012, which was triggered by administrative changes. Long ...
by Jake
Wed May 08, 2013 9:55 pm
Forum: Stocks
Topic: The raffish charm of fundamental indexing
Replies: 3
Views: 4176

Re: The raffish charm of fundamental indexing

Thanks cnh for the interesting comments and One Day for the interesting link!
by Jake
Wed May 08, 2013 2:53 pm
Forum: Stocks
Topic: The raffish charm of fundamental indexing
Replies: 3
Views: 4176

The raffish charm of fundamental indexing

Traditional market cap indices struggle to defend themselves against the accusation that they bloat up on overvalued equities, mechanically shoveling in more of the hot stuff like a compulsive eater – especially when the market is frothy. In contrast, fundamental indices are meant to break this imp...
by Jake
Sat Apr 20, 2013 2:41 pm
Forum: Gold
Topic: For Peter Schiff
Replies: 57
Views: 25025

Re: For Peter Schiff

Ad Orientem wrote: My heart goes out to ya buddy.
http://youtu.be/pj-1b1Yvep8
Peter Schiff completely revises his opinion and all his predictions in light of new evidence: http://youtu.be/em3ViA23OUY

(just kidding)
by Jake
Sat Apr 13, 2013 11:15 pm
Forum: Bonds
Topic: Faith is believing something you know ain't true
Replies: 15
Views: 9066

Re: Faith is believing something you know ain't true

I'm with you in your skepticism of treasuries. That's why I have large variable portfolio deficient in LTTs and loaded up in gold.  :-\  I seemed to know what you do now a few years ago... In August 2011, I was forced to rebalance out of gold when I hit a rebalancing band.  I hated selling gold whe...
by Jake
Wed Apr 10, 2013 2:34 pm
Forum: Other Discussions
Topic: Bitcoin Mining for Fun and Profit
Replies: 176
Views: 78960

Re: Bitcoin Mining for Fun and Profit

Looks like today will end in tears for some and riches for others in the Bitcoin world.
by Jake
Mon Apr 08, 2013 11:14 am
Forum: Permanent Portfolio Discussion
Topic: The 5th Pillar of the PP has arrived!
Replies: 52
Views: 21840

Re: The 5th Pillar of the PP has arrived!

Looks massively bubbly to me too, especially in the last hours. Perhaps the new buyers don't remember the correction in 2011, or care. But even after any corrections, it looks to me like bitcoin is here to stay. That means we have an international, non-fiat currency and we have 100% reserve banking,...
by Jake
Fri Apr 05, 2013 1:28 pm
Forum: Gold
Topic: One Ton Of Gold Seized At Border Crossing
Replies: 9
Views: 3910

Re: One Ton Of Gold Seized At Border Crossing

Wouldn't be seized if it was Bitcoin. Just sayin' http://gyroscopicinvesting.com/forum/http://77.104.139.218/~gyroscop/phpBB3/viewtopic.php?t=2 Bitcoins would just be seized in a different way. They'd force your online wallet host to freeze the wallet, easy as pie. If you had an offline wallet, the...
by Jake
Fri Apr 05, 2013 12:43 pm
Forum: Gold
Topic: One Ton Of Gold Seized At Border Crossing
Replies: 9
Views: 3910

Re: One Ton Of Gold Seized At Border Crossing

Wouldn't be seized if it was Bitcoin. Just sayin' http://gyroscopicinvesting.com/forum/ht ... ic.php?t=2
by Jake
Fri Apr 05, 2013 12:25 pm
Forum: Other Discussions
Topic: If Bitcoin adoption continues we'll have to rethink the PP
Replies: 17
Views: 9168

If Bitcoin adoption continues we'll have to rethink the PP

Yes, yes I know: someone is always saying we may need to rethink the PP. And I realise that Bitcoin is in a bubble, there will probably be a frightening correction. Granted. But adoption is increasing fast and that really is significant. It seems to me that with a market cap of over $1bn, Bitcoin is...
by Jake
Fri Mar 22, 2013 10:48 pm
Forum: Other Discussions
Topic: Bitcoin since January
Replies: 0
Views: 1216

Bitcoin since January

Have you guy's seen a chart of bitcoin value since January? I don't speculate outside the PP myself, but that's quite a ride. What do you think about it?
by Jake
Thu Feb 28, 2013 4:59 pm
Forum: Permanent Portfolio Discussion
Topic: Calling All UK PP Implementers
Replies: 7
Views: 5332

Re: Calling All UK PP Implementers

1) Gold. PHGP or similar. I could use something like BullionVault but to be honest I'm not really sure it is better than an ETF. There is the geographic diversification thing to consider. If you are in the UK then Switzerland is relatively close and it's easy to buy gold there. Craig has some recom...
by Jake
Thu Feb 28, 2013 4:56 pm
Forum: Bonds
Topic: Buying UK Gilts
Replies: 3
Views: 2630

Re: Buying UK Gilts

As far as criteria go, UK Government issued was the only thing that seemed important to me. I just chose UK government bonds with maturity dates at around the same time of year to form the ladder. I've actually done a 3 year ladder, but same difference.
by Jake
Sun Jan 20, 2013 1:59 pm
Forum: Permanent Portfolio Discussion
Topic: PP origin 500 years ago? Jacob Fugger the Rich?
Replies: 7
Views: 4309

Re: PP origin 500 years ago? Jacob Fugger the Rich?

I've not read it yet but the book Men of Wealth by John T Flynn has a chapter on Fugger. Also the book is available for free download at Mises: https://mises.org/document/3120/Men-of- ... resent-Day
by Jake
Mon Dec 24, 2012 7:00 pm
Forum: Other Discussions
Topic: Financial Consciousness Podcast
Replies: 3
Views: 1643

Financial Consciousness Podcast

Thought you guys might enjoy this interview on my podcast: "Mike talks about how he saved his way to financial freedom, without a college degree or a high-powered job." Link: http://thevoluntarylife.blogspot.com/2012/12/89-financial-consciousness-interview.html Audio: http://thevoluntarylife.com/TVL...
by Jake
Wed Nov 28, 2012 7:25 pm
Forum: Other Discussions
Topic: Keynes was a Conservative
Replies: 29
Views: 7139

Re: Keynes was a Conservative

The article in the OP is by a former Treasury Department economist- i.e. an economist who worked for the State, just like Keynes did. It doesn't surprise me that his perspective is that Keynes had noble motivations, nor does it surprise me that he believes that it is very important for economists li...
by Jake
Wed Nov 14, 2012 2:22 pm
Forum: Other Discussions
Topic: Milestones to Financial Freedom
Replies: 77
Views: 22847

Re: Milestones to Financial Freedom

An additional financial milestone occurred to me today, and it would go before the last one in that list above: "Annual passive investment income becomes larger than your annual contributions ." Another way of expressing it might be "Graduating from the accumulation phase." This milestone refers to...
by Jake
Thu Nov 01, 2012 4:40 am
Forum: Permanent Portfolio Discussion
Topic: European PP achilles heel?
Replies: 45
Views: 23641

Re: European PP achilles heel?

You could get away with it using German bonds, but it is not a robust solution. I did an interview with Marc De Mesel, who runs a European PP blog http://europeanpermanentportfolio.blogspot.co.uk/ and using German bonds is the solution that he goes for. He talks about the rationale behind his imple...