Does this make sense? "Bogle also suggests that, during the retirement distribution phase, you include as a bond-like component of your wealth and asset allocation the value of any future pension and Social Security payment you expect to receive." So... If you worked out the 10 year bond e...

It would be inhumane to send our convicts to the communist country of Australia with their gun control laws and national healthcare system. Surely you can't be questioning Chairman Dan :o https://en.uncyclopedia.co/wiki/Daniel_Andrews In all seriousness, has anyone here watched the documentary on t...

And you can send your convicts to Australia! No more Chinese coming here so we have to keep the housing bubble going

Ahhh, Just like the good ol'days....

I thought all states in the "United States of America" had the right to leave the union (even if Lincoln didn't agree). No issues from a Aussies viewpoint except for 1. It would have to be a large majority vote to leave in the state. ie NOT 51% to 49% 2. Some mutual defence pact may need t...

And following Smithy's lead, the only Australian Global Government Bond ETF I know of is
https://www.betashares.com.au/fund/beta ... cy-hedged/

Do forum members have examples from other countries so this thread can be a reference?

Welcome to the forum Pors. I see this is your first post. :) Short answer to your query. Gold hedges US bonds better than bonds from other countries. Let's follow Blue Ruins suggestion and run a simulation on portfolio charts. Pretend you are living in Spain 1. USA PP but with Spanish currency (cas...

SomeDude wrote: ↑Mon Jan 04, 2021 8:09 pm
Please smart people, destroy me with logic I will admit I was wrong if you do.

-Some Dude
World famous antI-masker

Easy... Men wearing Black get upset if you don't wear a mask
https://www.sydneycriminallawyers.com.a ... ng-a-mask/

Great discussion! And to think this is in the Politics forum

MangoMan wrote: ↑Mon Jan 04, 2021 7:55 pm

Kriegsspiel wrote: ↑Mon Jan 04, 2021 7:40 pm I'll admit, I 100% thought this was Wuhan-related.

Me, too!

Bat Control

Maybe you should copy the laws from "Danistan" (Victoria)

Ban cricket bats..... Thats not very British.

https://www.legalaid.vic.gov.au/find-le ... ng-weapons

Well, a free summary
The Intelligent Investor by Ben Graham
https://novelinvestor.com/notes/the-int ... in-graham/

Welcome to the forum Pors. I see this is your first post. :) Short answer to your query. Gold hedges US bonds better than bonds from other countries. Let's follow Blue Ruins suggestion and run a simulation on portfolio charts. Pretend you are living in Spain 1. USA PP but with Spanish currency (cash...

Thanks Tom,
If I am understanding you correctly, gold reserves are not mandatory "but" it gives a country options it wouldn't otherwise have .

So why does the US have (supposedly) gold reserves if they are not necessary for the currency. Canada has no gold reserves now.
And no quoting the Bernank -> https://www.youtube.com/watch?v=iKYKLgzyF9o

The US dollar is undoubtedly the strongest fiat currency in the world right now. However, considering that the US has defaulted twice in my lifetime 1971 , 1966 and once in my grandparents’ lifetime 1933 , I don’t consider US currency immune to default. If I held convertible notes (and I do) and th...

https://youtu.be/ry5jTvGPiH8 Koala at the pool. Apologies if Hal has posted this. Christmas Koala :) https://www.tiktok.com/@mcqueen1004/video/6901584447901060354?_d=secCgsIARCbDRgBIAMoARI%2BCjxiibosUtAe9AoZK16avbQnr%2BfacAud29XQZobKGY3yyVY80stXaiTmeIFkqokymxTeFloXQBDt6o1wj3oaAA%3D%3D&language=...

Your cartoon reminds me of this clip
https://www.youtube.com/watch?v=h0iAcQVIokg

Great history review -> https://www.youtube.com/watch?v=LcwMMKvzPms

A high SEER AC system and very through weatherization of the house probably would pay back faster than your solar project. Great point. I think this is the path I’ll follow first. +1. Also in Aus, they dropped the rate the electricity suppliers pay you for excess power fed back into the grid..... o...

Smith1776 wrote: ↑Fri Jan 01, 2021 7:44 pm
Thanks. I really enjoyed this one. Buffett just chillin’ in a Dairy Queen and talking about markets and value investing.

It’s like porn for capitalists.

Buffett porn. Arrgh my eyes, I can't see, I can't see......

Dollars are not wealth. Our property, capital goods, consumable goods, homes etc. are wealth. Our time is what we use to create more wealth. By giving other people dollars, the government gives them a claim on our wealth. Hmmm... On giving that some thought, I would suggest the dollar gives a claim...

Dollars are not wealth. Our property, capital goods, consumable goods, homes etc. are wealth. Our time is what we use to create more wealth. By giving other people dollars, the government gives them a claim on our wealth. Hmmm... On giving that some thought, I would suggest the dollar gives a claim...

As part of the inheritance from my wife's uncle, we took our portion of his brokerage account as is, with the positions. So we now own some corporate bonds/notes, most of which mature in the 2025 timeframe. I decided to keep them because they were paying anywhere from 4 to 7% interest (Union Carbid...

Otherwise, it's important to realize that there is a limit as to how much influence your bank balance has on your overall satisfaction and happiness in life. Last night I rode my bike 5 miles through the snow with my dog to pick up something at the hardware store. It was freezing and dark and diffi...

MangoMan wrote: ↑Tue Dec 29, 2020 4:23 pm
Have you ever heard of this place they call Argentina?

Anyway, Raoul Pal discusses methods of defaulting on the debt. Summary at 29&38 min mark.
https://www.youtube.com/watch?v=NTExhsWPm5s