Search found 80 matches

by Matthew19
Wed Mar 03, 2021 1:56 pm
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 197
Views: 6005

Re: Bitcoin as a complement or alternative to gold in the PP

bitcoininthevp wrote:
Mon Mar 01, 2021 12:39 pm
Here is a nice bitcoin log price chart to match up with the previous one.
Dude, you're a gem. Keep going.

The market is speaking, and it's saying Bitcoin.
by Matthew19
Tue Jan 26, 2021 11:02 pm
Forum: Permanent Portfolio Discussion
Topic: Adding new funds - advanced
Replies: 7
Views: 761

Adding new funds - advanced

I remember some back testing suggesting that adding funds equally in dollars rather than to the lagging asset first seemed to have better returns.

I would have hit a rebalancing band in March/April lows had I been doing that.

Is this an ok approach, and can anyone point me to the proof?
by Matthew19
Thu Dec 17, 2020 11:52 pm
Forum: Other Discussions
Topic: Bitcoin - they coming for you
Replies: 43
Views: 2098

Re: Bitcoin - they coming for you

he fact that there are so many competing cryptos and barrier to entry is so low makes it all the more confusing. Bitcoin is open source, you could personally clone it and launch a new version tomorrow. What you're missing is the value of network effect. The users add to the value, which brings in m...
by Matthew19
Sun Dec 13, 2020 10:19 pm
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 1021

Re: PP* Portfolio

Can this be back tested?
by Matthew19
Fri Dec 11, 2020 12:13 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 997

Re: Talk on the PP

This boob had to look to Wikipedia for what the PP actually is, meaning he doesn’t understand it and can’t have a properly formed opinion. Here’s the thing, the PP is based on principles yet financial advisors invest based on circumstance. A circumstance-based investor can’t comprehend a principle b...
by Matthew19
Tue Dec 08, 2020 11:19 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 997

Re: Talk on the PP

Time stamp would be helpful. Can’t sift through 1hr video for a quick mention
by Matthew19
Fri Sep 11, 2020 11:21 am
Forum: Permanent Portfolio Discussion
Topic: Bonds and the PP -- still make sense?
Replies: 59
Views: 5622

Re: Bonds and the PP -- still make sense?

I hate LTT, but you’ve gotta go all in on the PP for it to work.

What I’ve done is to take the other side, creating a variable portfolio with some extra silver/gold in it. The PP is untouched.
by Matthew19
Fri Jul 03, 2020 10:53 am
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 1227

Re: Funds or etfs for Stocks

One other factor you might want to consider is that your settlement period will probably different as well. For example, let's say there is a sudden major market correction and you need to re-balance some assets. The recent lock-downs are a perfect example when the market was swishing +/- 10% daily...
by Matthew19
Thu Jul 02, 2020 11:03 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 1227

Re: Funds or etfs for Stocks

Smith1776 wrote:
Thu Jul 02, 2020 5:25 pm
For the disciplined buy and hold investor that is not tempted to trade ETFs, the ETF structure can be modestly less costly.
Well, crap. Is this like a sell your mutual funds for etfs thing or just only buy etfs from here out? The capital gains would be crazy for me.
by Matthew19
Thu Jul 02, 2020 4:22 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 1227

Funds or etfs for Stocks

I’ve had Fskax in a taxable at fidelity for years. I’m just hearing about better tax management for ETF. I don’t understand, I thought owning the fund directly was the preferred method?
by Matthew19
Mon Jun 15, 2020 11:28 pm
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation in the Most Painful Month
Replies: 32
Views: 5078

Re: Asset Allocation in the Most Painful Month

And how's this for interesting timing? Your post arrived in my in box just a few hours after this one from Chris Mamula over at "Can I Retire Yet?" about his process of looking into adding gold to his portfolio. Porfolio Charts is prominently mentioned in the article and you'll note that a couple o...
by Matthew19
Thu Apr 30, 2020 2:01 pm
Forum: Permanent Portfolio Discussion
Topic: Would you start a PP for a 6 year old?
Replies: 11
Views: 1769

Would you start a PP for a 6 year old?

I've got two kids, 5 and 6. I want to start an investment count for each of them. Obviously the PP is conservative, but as they grow it will teach them all of the benefits of predictable returns with low volatility. Seeing how they may use this money to start a business when they are 15, wouldn't in...
by Matthew19
Mon Mar 23, 2020 8:16 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 3097

Re: Who's had to rebalance?

sophie wrote:
Mon Mar 23, 2020 3:43 pm
I'm very close to crossing bands both on the low side (small caps) and high side (bonds). Still not quite ready to pull the trigger though. Just naturally hesitant about any big financial moves.
You're all GB right?
by Matthew19
Mon Mar 23, 2020 2:21 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 3097

Re: Who's had to rebalance?

I've been looking to transfer from PP to GB for a while now. It may be time to start that process while rebalancing.
by Matthew19
Mon Mar 23, 2020 1:40 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 3097

Who's had to rebalance?

I'm getting close on the stock side. about 17% right now. Anyone hit a band yet?
by Matthew19
Thu Mar 19, 2020 12:33 pm
Forum: Permanent Portfolio Discussion
Topic: % of Funds in Retirement Accounts VS Taxable
Replies: 3
Views: 740

Re: % of Funds in Retirement Accounts VS Taxable

We have an LLC S-corp and can adjust our salary a bit to avoid SS tax. Right now it's higher than needed - so we pay more SS tax but can move more to the 401k. I don't know how to calculate if that's work it though.
by Matthew19
Thu Mar 19, 2020 11:46 am
Forum: Permanent Portfolio Discussion
Topic: % of Funds in Retirement Accounts VS Taxable
Replies: 3
Views: 740

% of Funds in Retirement Accounts VS Taxable

Thinking of poising my 401k contributions -

Is there a ratio that is commonly suggest for retirement accounts vs taxable? I know that a mixture gives you flexibility, but I'm unsure about what's right. At the moment I'm 25% 401k and 75% taxable.
by Matthew19
Thu Mar 12, 2020 1:40 pm
Forum: Permanent Portfolio Discussion
Topic: How to know the Intraday value of funds for rebalancing
Replies: 1
Views: 651

How to know the Intraday value of funds for rebalancing

During volatile periods how do we calculate the intraday value of stock fund rebalancing? I own the Fidelity FSKAX fund and if I rebalanced today I'd be pricing it 8% higher than the market price because it only calculates at the EOD. How does that even work with purchases, and would I buy buying at...
by Matthew19
Thu Mar 05, 2020 11:49 pm
Forum: Permanent Portfolio Discussion
Topic: Another phase completed!
Replies: 13
Views: 2610

Re: Another phase completed!

At some point this grand Permanent Portfolio thinking process will be over and I can then move my thinking focus elsewhere. Vinny I did the same thing - 4 months of study. several Evernote pages filled with notes. The PP is simple to implement but takes a while to accept and grasp. once you do ther...
by Matthew19
Fri Jan 31, 2020 11:24 am
Forum: Permanent Portfolio Discussion
Topic: Is cash really 2nd after bonds for retirement accounts?
Replies: 5
Views: 3528

Re: Is cash really 2nd after bonds for retirement accounts?

You could consider using your Roth IRA or HSA instead, I've been using series I savings bonds effectively as an extra, free tax-deferred retirement account. Plus if you need the cash, you don't have wait until you're 59.5 to get at it. (disadvantage: you probably don't want to be rebalancing out of...
by Matthew19
Wed Jan 29, 2020 10:41 pm
Forum: Permanent Portfolio Discussion
Topic: Is cash really 2nd after bonds for retirement accounts?
Replies: 5
Views: 3528

Is cash really 2nd after bonds for retirement accounts?

I've finally funded my 401k to the point that I have to consider what to buy after bonds I know that HB says cash, but in today's environment? The Fidelity TSM yields 1.7% and the 1 year t-bill is 1.55%. Also, wouldn't the potential gains from the stocks be better inside of a tax advantaged amount a...
by Matthew19
Tue Dec 10, 2019 12:29 am
Forum: Permanent Portfolio Discussion
Topic: New Member and Permanent Portfolio Novice. Asking for help
Replies: 15
Views: 3159

Re: New Member and Permanent Portfolio Novice. Asking for help

Ask yourself if you'd buy those stocks today at their current prices. Sell the ones that you wouldn't and then give a time frame to cut the others. You'll be rebuying several of them inside of the PP anyway with the Stocks portion of the portfolio. I was in this same situation just a few years ago. ...
by Matthew19
Mon Nov 04, 2019 1:22 am
Forum: Permanent Portfolio Discussion
Topic: Read the Permanent Portfoilio Bible?
Replies: 24
Views: 12904

Re: Read the Permanent Portfoilio Bible?

Hi buddies, I read Craig's book. I listen to MP3 of HB. Why should I read : 1- Fail-safe ... 2- Best Laid... ???? What can we learn more with them? Thank you so much! ^-^ Best Laid should be read to squash all desire to go outside of the PP with the money you cant affordable to lose. It’s insane ho...
by Matthew19
Thu Oct 24, 2019 7:18 pm
Forum: Permanent Portfolio Discussion
Topic: Read the Permanent Portfoilio Bible?
Replies: 24
Views: 12904

Re: Read the Permanent Portfoilio Bible?

+1 on best laid plans being the best.

It’s one of the few books that will be required reading for my kids.
by Matthew19
Thu Aug 08, 2019 10:19 am
Forum: Permanent Portfolio Discussion
Topic: Today I call on the PP for a service
Replies: 9
Views: 5531

Re: Today I call on the PP for a service

Just to follow up on this - I sold off about 350k of the PP to help purchase our other house cash. The locked in the 4% interest payment per we would have paid carrying a mortgage until the other house sold, and also saved about 2.5k in closing. The old house quickly though, so the better decision w...