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...

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...

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?

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, ...

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.

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?

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

pp4me wrote: ↑Fri Jun 18, 2021 4:04 pm I think that was around 20 years ago

Exactly. Best Laid Investments book by Harry says the same thing. Nobody knows!

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...

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.

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?

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...

Can this be back tested?

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...

Time stamp would be helpful. Can’t sift through 1hr video for a quick mention

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.

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...