Search found 122 matches
- Tue Feb 08, 2022 12:19 am
- Forum: Gold
- Topic: Revisiting PMGOLD
- Replies: 6
- Views: 3237
Re: Revisiting PMGOLD
Personally, I prefer the Perth Mint Depository program. Less counterparty risk. https://www.perthmint.com/invest/perth-mint-depository-program/ vs https://www.perthmint.com/invest/perth-mint-gold-ASX-PMGOLD/ Have been using the depository program for years. Absolutely no issues. Interesting. any ex...
- Mon Feb 07, 2022 1:55 pm
- Forum: Gold
- Topic: Revisiting PMGOLD
- Replies: 6
- Views: 3237
Revisiting PMGOLD
Anyone considered this again? Seems to have much less counterparty risk than other ETFs considering the custodian is Perth rather than these bankers. Seems to be the next best option to physical and would be an easy purchase on the ASX through Interactive Brokers. Am I missing anything? In the scena...
- Mon Feb 07, 2022 12:10 pm
- Forum: Gold
- Topic: Did Bitcoin Kill Gold’s Monetary Utility?
- Replies: 86
- Views: 38496
Re: Did Bitcoin Kill Gold’s Monetary Utility?
BTC is less than 1 trillion market cap. Gold is over 10 trillion. If we generously assume that 50% of bitcoin investment would have otherwise gone into gold, that'd mean what, 5% difference in gold price?
- Fri Feb 04, 2022 8:08 pm
- Forum: Permanent Portfolio Discussion
- Topic: 2nd asset in tax deferred?
- Replies: 17
- Views: 7954
Re: 2nd asset in tax deferred?
I regret that I let bogleheads steer me toward putting bonds in my tax-deferred accounts. I've added stocks for several years now. Especially the Roth IRA but also a Fidelity solo 401K. I don’t know how to do the math between paying the tax on bond payments each year and deferring stock gains tax, ...
- Fri Feb 04, 2022 2:34 pm
- Forum: Permanent Portfolio Discussion
- Topic: 2nd asset in tax deferred?
- Replies: 17
- Views: 7954
Re: 2nd asset in tax deferred?
It's a self employed 401k, so I can buy anything you normally could with a Fidelity account. I also have an inherited IRA that I must withdraw within 10 years.
- Fri Feb 04, 2022 2:18 pm
- Forum: Permanent Portfolio Discussion
- Topic: 2nd asset in tax deferred?
- Replies: 17
- Views: 7954
2nd asset in tax deferred?
I've finally crossed the point where I can hold something alongside bonds in my 401k. I know cash is often suggested, but with stupid low rates, would stocks make more sense?
- Fri Feb 04, 2022 12:36 pm
- Forum: Permanent Portfolio Discussion
- Topic: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid SORR?
- Replies: 33
- Views: 12175
Re: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid S
I tip toed in back in 2016 I think. Bought about 50% portfolio and waited 6 months to buy another 50%. Cost me about 50k in missed gains at the time but it was the only emotionally viable option. And it could just as easily worked out to the good. So why not be more comfortable? It was the more com...
- Fri Feb 04, 2022 10:49 am
- Forum: Permanent Portfolio Discussion
- Topic: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid SORR?
- Replies: 33
- Views: 12175
Re: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid S
I tip toed in back in 2016 I think. Bought about 50% portfolio and waited 6 months to buy another 50%. Cost me about 50k in missed gains at the time but it was the only emotionally viable option. The PP is an emotional commitment, sometimes that means letting the façade of control slowly slip away v...
- Mon Nov 29, 2021 12:36 pm
- Forum: Permanent Portfolio Discussion
- Topic: Dip Buying the PP
- Replies: 5
- Views: 2310
Re: Dip Buying the PP
Maybe set your rebalance bands tighter so you are rebalancing more often, and not necessarily when you emotionally think it's a good time is my suggestion. Like today...stocks look like a good buy, but you never know. There's a whole weekend for this new variant news to get potentially worse. Perso...
- Tue Oct 19, 2021 6:02 pm
- Forum: Permanent Portfolio Discussion
- Topic: Another phase completed!
- Replies: 17
- Views: 9187
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...
- Sun Oct 10, 2021 4:50 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP musings
- Replies: 10
- Views: 4012
Re: PP musings
30% cash in a near zero interest rate environment and stated inflation running at over 4% ?? Cash is kind of like an option on future assets, and one has to pay a premium for options. Yeah but with no end in sight to low rates, I have a hard time putting any money into something that is guaranteed ...
- Fri Aug 20, 2021 3:27 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 449
- Views: 450624
Re: BTC in the PP
I agree that BTC will inflate less than USD. But time value is based on preferences, and that would depend on the interest rate and expectations of the price vs other currencies or investment options. There are plenty of people who would like to be short BTC right now because they think it’s overval...
- Fri Aug 20, 2021 2:00 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 449
- Views: 450624
Re: BTC in the PP
As for BTC in the PP, I think it could be seen as part of a VP in the same way that Tyler views the golden butterfly as a PP with a small cap value VP added to it. The reason is to capture those fleeing dollars for safety from inflation. You can’t argue that BTC doesn’t siphon off that inflation hed...
- Fri Aug 20, 2021 1:52 pm
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 449
- Views: 450624
Re: BTC in the PP
Time value of money is a fiat concept. It does not exist as a law of nature….only in a fiat economy. In all honesty I’m not against the fiat economy….to me, hold debt in fiat and wealth in BTC. It’s the perfect recipe! Time value of money is a human fact and has nothing to do with fiat, its directl...
- Wed Jul 14, 2021 8:17 am
- Forum: Permanent Portfolio Discussion
- Topic: HB spotted on 4chan
- Replies: 4
- Views: 2494
Re: HB spotted on 4chan
https://i.imgur.com/9PXJuPh.jpeg Also, Doug Casey mentioned HB in a discussion with Rick Rule this week: https://www.youtube.com/watch?v=pMO603IAmN8&t=1235s I first heard about the PP from Rick Rule. It was a live interview and someone asked his thoughts. He said he liked it and I instantly res...
- Sun Jun 20, 2021 10:49 am
- Forum: Permanent Portfolio Discussion
- Topic: Guess which asset class has performed best during the past month?
- Replies: 10
- Views: 4779
- Wed Apr 28, 2021 10:04 am
- Forum: Permanent Portfolio Discussion
- Topic: Institutional diversification (Fidelity worries)
- Replies: 22
- Views: 9488
Institutional diversification (Fidelity worries)
I just Inherited an IRA. Fidelity is where the transfer took place, and I’ve had 3 attempts at talking with someone in their ira tax department with no success. Wait times for anyone with knowledge are huge. My concern isn’t the customer service, but that it’s a symptom of poor health fir the compan...
- Wed Mar 03, 2021 1:56 pm
- Forum: Permanent Portfolio Discussion
- Topic: Bitcoin as a complement or alternative to gold in the PP
- Replies: 178
- Views: 85422
Re: Bitcoin as a complement or alternative to gold in the PP
Dude, you're a gem. Keep going.bitcoininthevp wrote: ↑Mon Mar 01, 2021 12:39 pm Here is a nice bitcoin log price chart to match up with the previous one.
The market is speaking, and it's saying Bitcoin.
- Tue Jan 26, 2021 11:02 pm
- Forum: Permanent Portfolio Discussion
- Topic: Adding new funds - advanced
- Replies: 7
- Views: 4282
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?
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?
- Thu Dec 17, 2020 11:52 pm
- Forum: Other Discussions
- Topic: Bitcoin - they coming for you
- Replies: 43
- Views: 14712
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...
- Sun Dec 13, 2020 10:19 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP* Portfolio
- Replies: 12
- Views: 5488
Re: PP* Portfolio
Can this be back tested?
- Fri Dec 11, 2020 12:13 pm
- Forum: Permanent Portfolio Discussion
- Topic: Talk on the PP
- Replies: 9
- Views: 4074
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...
- Tue Dec 08, 2020 11:19 pm
- Forum: Permanent Portfolio Discussion
- Topic: Talk on the PP
- Replies: 9
- Views: 4074
Re: Talk on the PP
Time stamp would be helpful. Can’t sift through 1hr video for a quick mention
- Fri Sep 11, 2020 11:21 am
- Forum: Permanent Portfolio Discussion
- Topic: Bonds and the PP -- still make sense?
- Replies: 59
- Views: 19683
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.
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.
- Fri Jul 03, 2020 10:53 am
- Forum: Permanent Portfolio Discussion
- Topic: Funds or etfs for Stocks
- Replies: 8
- Views: 4446
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...