Search found 2815 matches

by Kbg
Sat Aug 22, 2020 7:24 pm
Forum: Gold
Topic: Could gold ever be banned again?
Replies: 10
Views: 3227

Re: Could gold ever be banned again?

Gold does not have to be Banned directly. Gold can be manipulated out of existence from the masses. Through Taxes,Propaganda, given enough time, Gold is bad mantra will drive most people to give up their Gold Willingly. Sure, or it's a crappy form of money compared to more modern alternatives and t...
by Kbg
Sat Aug 22, 2020 2:47 pm
Forum: Bonds
Topic: The Less Pretty Bond Thread
Replies: 58
Views: 18336

Re: The Bond Dream Room

If we assume nothing is the operative phrase here. The math is the math. Bond debates are stupid. Without fail they always end up with assumptions being made. There is one big difference. You chose to buy a long bond or an ETF. If you don't pay your mortgage you get kicked out of the house and they...
by Kbg
Sat Aug 22, 2020 9:50 am
Forum: Gold
Topic: Could gold ever be banned again?
Replies: 10
Views: 3227

Re: Could gold ever be banned again?

My biggest argument for why gold won’t be banned...money has zero connection to gold anymore other than as a quote for it per oz. Not the case when there was an explicit connection between the two as in turn in the $20 bill get the equivalent in gold and vice versa.
by Kbg
Sat Aug 22, 2020 9:22 am
Forum: Bonds
Topic: The Less Pretty Bond Thread
Replies: 58
Views: 18336

Re: The Bond Dream Room

Why should I be buying EDV yielding 1.3% when I could pay down my 2% mortgage? potential capital gains .. look at TLT . .. yelds are tiny ... gains ytd and the last year are huge. interest on a mortgage is also on a declining balance getting less and less . in the last 6 months someone made more th...
by Kbg
Sat Aug 22, 2020 9:16 am
Forum: Permanent Portfolio Discussion
Topic: PP Critique
Replies: 13
Views: 4532

Re: PP Critique

For those who have data and can backtest the right momentum screen with the right index can be extremely profitable...at the cost of more volatility.
by Kbg
Sat Aug 22, 2020 9:13 am
Forum: Other Discussions
Topic: Biden/Harris Discussion
Replies: 249
Views: 319919

Re: Biden/Harris Discussion

@glennds

Now that was funny...we practice wokism about once a week. My wife makes a killer teriyaki stir fry.
by Kbg
Fri Aug 21, 2020 10:05 am
Forum: Variable Portfolio Discussion
Topic: PP Inspired Leveraged Portfolios
Replies: 237
Views: 535935

Re: PP Inspired Leveraged Portfolios

I tried to swap UGL for DGP, but my company retirement plan has a restriction on it...go figure.
by Kbg
Fri Aug 21, 2020 9:59 am
Forum: Other Discussions
Topic: Biden/Harris Discussion
Replies: 249
Views: 319919

Re: Biden/Harris Discussion

I think Biden has enough public record that we know how he’s going to be and what kind of person he is. Someone looking for a moderate is likely to find it. He did lose a son in military service, that strongly suggests to me there is an ethic of public service and love of country in his family. I wo...
by Kbg
Fri Aug 21, 2020 9:46 am
Forum: Bonds
Topic: The death of nominal bonds? Implications for the PP?
Replies: 16
Views: 6622

Re: The death of nominal bonds? Implications for the PP?

Still looking into the pros and cons. I’m kinda choking on the fact they are mostly negative yielding right now in nominal and real is even worse.
by Kbg
Fri Aug 21, 2020 9:41 am
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 15741

Re: POLL: How did you overcome the fear of tracking error?

This is well known strategy and has been around for a long time. Things very similar are the basic strategy for annuities. It works pretty well when markets are moving and will lose money when markets are flat. It works way better when internet rates real and nominal are high. The bond component is ...
by Kbg
Tue Aug 18, 2020 11:43 pm
Forum: Permanent Portfolio Discussion
Topic: Just for Fun #2 - The Middle Kingdom
Replies: 0
Views: 882

Just for Fun #2 - The Middle Kingdom

Midcaps are interesting and very similar to ITTs within their asset class. If you perform a rolling 10 analysis over different economic and interest rate regimes, it is clearly better to be in either Large/Small cap or LTT/STT, but the middle kingdom just gives you the in between result. 40% Midcap ...
by Kbg
Tue Aug 18, 2020 11:13 pm
Forum: Stocks
Topic: Tesla entering the SP 500
Replies: 16
Views: 6603

Re: Tesla entering the SP 500

I've run a momentum stock system for several years and this year TSLA is my favorite stock followed by NVDA. Not sure why anyone on the board would care if Tesla is in the S&P 500. I assume everyone knows the S5 is the 500 largest cap stocks in America and the S5 is a cap weighted index. If you ...
by Kbg
Tue Aug 18, 2020 10:40 pm
Forum: Permanent Portfolio Discussion
Topic: Question: Rebalancing - Dick and Jane Version.
Replies: 12
Views: 5034

Re: Question: Rebalancing - Dick and Jane Version.

Just for fun for those interested in more advanced rebalancing techniques. A basic strategy is to rebalance not at all (or very infrequently) when volatility is low and rebalance frequently when volatility is high. For those of you who follow my leveraged posts in the VP, this is basically why I am ...
by Kbg
Tue Aug 18, 2020 10:23 pm
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 15741

Re: POLL: How did you overcome the fear of tracking error?

Many are (quite reasonably) down on LTTs right now. Can anyone shed any light on why the yield is so low, if these things are so unpopular? Isn't the market saying that the current price is fair? I mean, if it weren't, it would be something different, right? Xan, The market is doing what markets do...
by Kbg
Tue Aug 18, 2020 2:19 pm
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 15741

Re: POLL: How did you overcome the fear of tracking error?

I think TIPS are good inflation hedges by definition, although I also think they're overrated because the tradeoff is accepting even lower yields than on nominal bonds. And personally, I think the most underrated inflation hedge is good old TBills . One of my favorite investment quotes is one you s...
by Kbg
Tue Aug 18, 2020 12:04 am
Forum: Other Discussions
Topic: Why Portland?
Replies: 23
Views: 5306

Re: Why Portland?

To answer the question...it’s known as Californication in the west. People fleeing a jacked up state who then try to create what they fled somewhere else. It's known all over the country ^-^. I think a lot of us are hoping we're safe from Californication behind the loving protection of the Snow Bel...
by Kbg
Mon Aug 17, 2020 11:46 pm
Forum: Bonds
Topic: The death of nominal bonds? Implications for the PP?
Replies: 16
Views: 6622

Re: The death of nominal bonds? Implications for the PP?

Strongly considering adding some TIPS over time. Maybe just keep it simple LTTs and STTs/Cash by adjusting to 50% nominal bonds/50% TIPs...not like we are making huge amounts of interest or anything right now. Even simpler, just go with IT Ts/TIPS It's a compromise, but the Bridgewater argument I th...
by Kbg
Mon Aug 17, 2020 2:11 pm
Forum: Permanent Portfolio Discussion
Topic: Question: Rebalancing - Dick and Jane Version.
Replies: 12
Views: 5034

Re: Question: Rebalancing - Dick and Jane Version.

There's really not a hard answer on this. The reality is the best way to rebalance is completely path dependent meaning it's a big "it depends." There are a couple of generalities that are useful. If in a taxable account, do what avoids/delays taxes as long as possible if that keeps you re...
by Kbg
Sun Aug 16, 2020 11:58 pm
Forum: Other Discussions
Topic: Why Portland?
Replies: 23
Views: 5306

Re: Why Portland?

RINOs care about Portland, conservatives believe its a local issue. RINOs think the military should be involved, conservatives know why it isn’t.

To answer the question...it’s known as Californication in the west. People fleeing a jacked up state who then try to create what they fled somewhere else.
by Kbg
Sun Aug 16, 2020 11:43 pm
Forum: Other Discussions
Topic: Biden/Harris Discussion
Replies: 249
Views: 319919

Re: Biden/Harris Discussion

We can argue this stuff all day, but I think a fairly good test for any politician is how well did they do in elections. Managed to beat a very unpopular Democratic nominee in the electoral college but lost the popular vote. Lost the Republican House majority in 2018, best guess is there will be few...
by Kbg
Sat Aug 15, 2020 11:58 am
Forum: Gold
Topic: Noted gold hater has a change of heart
Replies: 7
Views: 2810

Re: Noted gold hater has a change of heart

Kinda like we are talking about in another thread, with interest rates so low it’s a bit of a game changer. The only legit criticism now is it’s more volatile.
by Kbg
Sat Aug 15, 2020 11:52 am
Forum: Other Discussions
Topic: Biden/Harris Discussion
Replies: 249
Views: 319919

Re: Biden/Harris Discussion

CONSPIRACY THEORIES 3 Reasons Why We Fall for Conspiracy Theories Conspiracies give simple and straightforward explanations for complex and dynamic events or situations, but they also foster distrust and impede problem-solving. Here's how to combat them. https://www.entrepreneur.com/article/351093 ...
by Kbg
Sat Aug 15, 2020 11:18 am
Forum: Permanent Portfolio Discussion
Topic: (Update: seeking the truth) Optimized PP Allocation 2020 (-Higher Sharpe Ratio, Sortino Ratio, Less Drawdown)
Replies: 14
Views: 4864

Re: (Update: seeking the truth) Optimized PP Allocation 2020 (-Higher Sharpe Ratio, Sortino Ratio, Less Drawdown)

Very interesting analysis on TIPS...looks like the suggestion further back in this thread might be a pretty good move and I probably need to revise my thoughts along these lines. "To go a level deeper on the mechanics of IL bonds and gold in an MP3 environment: In terms of IL bonds, as alluded ...
by Kbg
Sat Aug 15, 2020 10:21 am
Forum: Permanent Portfolio Discussion
Topic: (Update: seeking the truth) Optimized PP Allocation 2020 (-Higher Sharpe Ratio, Sortino Ratio, Less Drawdown)
Replies: 14
Views: 4864

Re: My findings: Optimized PP Allocation 2020 (-Higher Sharpe Ratio, Sortino Ratio, Less Drawdown)

My guess is you don't quite understand how TIPS work. I would recommend you spend some time learning about them and you will then understand that in most respects they behave like other bonds...there is one difference but I will leave you to discover it. Hi Kbg, followed many of your posts for some...
by Kbg
Fri Aug 14, 2020 8:44 pm
Forum: Other Discussions
Topic: Biden/Harris Discussion
Replies: 249
Views: 319919

Re: Biden/Harris Discussion

Pretty much anything is almost always possible...and this is a well known rhetorical technique used on people who aren’t super great on critical thinking skills. Personally my facts and evidence standard requires a decent amount of both. To be clear, we are talking probabilities, admitted. I just h...