Search found 100 matches

by tarentola
Sun Mar 11, 2018 3:46 am
Forum: Stocks
Topic: Dividend Growth Investing
Replies: 42
Views: 50681

Re: Dividend Growth Investing

A recent article on Seeking Alpha which provides a good classification of dividend growth shares to consider:
https://seekingalpha.com/article/415331 ... wth-stocks
by tarentola
Wed Feb 21, 2018 7:12 am
Forum: Stocks
Topic: Dividend Growth Investing
Replies: 42
Views: 50681

Re: Dividend Growth Investing

What would be everyone’s opinion here on dividend growth investing? For example, buying 20-25 stocks like MMM and Johnson & Johnson and just holding them forever. Live off of the rising dividend stream and leave the shares for my children. I know it will have more ups and downs than a Balanced port...
by tarentola
Mon Jan 22, 2018 1:14 am
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 5817

Re: A multi-asset portfolio in Euros

Frugal there are numerous authors on the internet running real dividend portfolios, and I have already given you a pointer to some of them: There is no official dividend portfolion on Seeking Alpha, look for articles by David Van Knapp, David Crosetti, Chuck Carnevale. A good introduction here: http...
by tarentola
Sun Jan 21, 2018 4:12 am
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 5817

Re: A multi-asset portfolio in Euros

Frugal - There is a lot of information available on the construction of dividend portfolios and I don't claim to be an expert. One thing I would say is that it is much easier to construct a dividend portfolio of US shares than of Euro shares, as there is a far better choice of dividend-paying shares...
by tarentola
Tue Jan 16, 2018 2:21 pm
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 5817

Re: A multi-asset portfolio in Euros

Frugal To answer the questions: 1.Relative performance of Eu and US PPs. You can look this up yourself by comparing simple 4 -ETF portfolios, or comparing published results such as Marc de Mesel's EU results with US results. Portfoliocharts.com has similar average performances for US and German PPs ...
by tarentola
Wed Jan 10, 2018 11:58 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 33
Views: 20516

Re: How much is "enough" in the Permanent Portfolio?

To continue from my post earlier in this thread: It seems to me that there are relatively few sane investing strategies that can be considered by a retired or retiring person - a non-gambler. The following come to mind: The PP and variants - unbeatable in its historic low drawdown, and as good as ma...
by tarentola
Wed Jan 10, 2018 11:48 am
Forum: Variable Portfolio Discussion
Topic: A multi-asset portfolio in Euros
Replies: 6
Views: 5817

A multi-asset portfolio in Euros

Following on from the discussion started by Sophie ( https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9289&start=24 ), I thought I would start a new topic here as the subject is variable portfolios. I wrote: PS It seems to me that there are relatively few sane investing strategies that ...
by tarentola
Thu Jan 04, 2018 11:13 am
Forum: Permanent Portfolio Discussion
Topic: 2017 PP Return Poll
Replies: 33
Views: 19099

Re: 2017 PP Return Poll

For my euro PP: + 1.4% in 2017. A vanilla Euro PP of four ETFs would have gained about 1.2% in 2017:
CEU (MSCI Europe) +10.5%
MTH (25y+ bonds) -0.9%
GBS (gold) -1.3%
C13 (1-3y bonds) -0.3%

EUR/USD +15% in 2017and rising

(Figures from the French site boursorama.com)
by tarentola
Mon Dec 18, 2017 2:32 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 33
Views: 20516

Re: How much is "enough" in the Permanent Portfolio?

hi I couldn't find the explanation and a model of that DIVIDEND portfolio . Please help. There is no official dividend portfolion on Seeking Alpha, look for articles by David Van Knapp, David Crosetti, Chuck Carnevale. A good introduction here: https://seekingalpha.com/article/254416-road-map-for-m...
by tarentola
Sun Dec 17, 2017 4:00 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 33
Views: 20516

Re: How much is "enough" in the Permanent Portfolio?

Frugal I already have exposure to US shares in my VP so I have none in the PP. Otherwise I would probably have about 50% US in the PP, or a global share ETF. There is currency risk though: the dollar has lost about 11% against the Euro this calendar year, so my mostly US VP is only breaking even for...
by tarentola
Sat Dec 16, 2017 8:11 am
Forum: Permanent Portfolio Discussion
Topic: How much is "enough" in the Permanent Portfolio?
Replies: 33
Views: 20516

Re: How much is "enough" in the Permanent Portfolio?

Good questions, Sophie. Q1 .The PP as a « base » portfolio could be complemented (or even replaced) by a stock portfolio. There are dividend share diehards on seekingalpha.com for example who seem to live exclusively off dividends and never sell a share unless forced to by a merger or similar event....
by tarentola
Tue Oct 17, 2017 2:53 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 51243

Re: Permanent Portfolio in Europe (follow-up)

4,3% and what about inflation? It does not beat official inflation by much, and perhaps does not beat real inflation at all. But multiple-year periods of underperformance are not unusual. Do you think to change to a more aggressive lazy portfolio? Such as...? If you have a concrete suggestion and s...
by tarentola
Mon Oct 16, 2017 7:29 am
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio in Europe (follow-up)
Replies: 66
Views: 51243

Re: Permanent Portfolio in Europe (follow-up)

These are results from my real 4x25 portfolio of Euro shares with Euro and EM share ETFs, bond ETFs, gold ETFs and cash. Not very different from the US Vanilla PP figures of -2.24, +10.10, -2.99 and +5.9% for the same four years. 2013 -3.04% 2014 +12.39% 2015 +1.42% 2016 +7.08 Average 4.30% 2017 +2....
by tarentola
Thu Aug 31, 2017 3:10 am
Forum: Permanent Portfolio Discussion
Topic: PP at new high for the year...
Replies: 52
Views: 35315

Re: PP at new high for the year...

No such luck here in Europe. My Euro PP is +0.55% for 2017, not helped by the Euro's strength at $1.19.
by tarentola
Sat Jul 08, 2017 8:21 am
Forum: Permanent Portfolio Discussion
Topic: PP at new high for the year...
Replies: 52
Views: 35315

Re: PP at new high for the year...

Same or worse in Europe. In mid-June my Euro PP was +2.2% since 1 Jan, now -0.6%. Not helped by the Euro's recent strength relative to the dollar (+3% in the last month). I suppose I should be buying, but I topped up gold and bonds back in June of course. The fortunes of war.
by tarentola
Wed Jun 21, 2017 4:16 pm
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47053

Re: Starting EU PP, doubts about the bonds part

Europeanwizard: So what do you use for the bonds part? For long bonds, the ETF MTH (Lyxor 25+ years, mostly French, German and Italian bonds). For medium bonds, C73 (Amundi 7-10 year bond ETF, French, German, Italian and Spanish bonds mostly) I do have severe doubts when Craig says that he wouldn't ...
by tarentola
Wed Jun 21, 2017 6:44 am
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47053

Re: Starting EU PP, doubts about the bonds part

For comparison, my own Euro PP results over the last four years: 2013 : -3.04% 2014 : +12.39% 2015 : +1.42% 2016 : + 7.08% Four-year CAGR 4.30% 2017 so far: +2.1% Prety similar to the 2013-2016 US figures: -2.24%, +10.10%, -2.99%, +5.90% (from Bogleheads blog https://finpage.blog/2017/01/12/harry-br...
by tarentola
Wed Jun 21, 2017 4:57 am
Forum: Permanent Portfolio Discussion
Topic: Starting EU PP, doubts about the bonds part
Replies: 59
Views: 47053

Re: Starting EU PP, doubts about the bonds part

It seems to me that a Europe-resident investor should invest primarily in Euros to avoid exchange-rate risk. A Euro resident investing in substantially in dollars is taking a bet on the direction of the exchange rate. If the Euro were abandoned for political reasons, it would be replaced by other cu...
by tarentola
Mon Jun 05, 2017 5:25 am
Forum: Permanent Portfolio Discussion
Topic: Starting in Europe, questions
Replies: 19
Views: 16609

Re: Starting in Europe, questions

Europeanwizard You might find the information in the following thread useful: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=2858 See also jusetf.com for comparison tables of Euro ETFs for European investors: http://www.justetf.com/en/find-etf.html?query=msci++europe for example. Amun...
by tarentola
Wed Feb 08, 2017 8:23 am
Forum: Variable Portfolio Discussion
Topic: I need a name for this portfolio
Replies: 62
Views: 34616

Re: I need a name for this portfolio

On the subject of keeping cash in the portfolio: one of the arguments for cash is to provide a spending reserve, so that in the event of a long bear market you will not have to sell any investments at a loss. You can live off your cash reserve and wait for better times. If you are willing to do that...
by tarentola
Thu Feb 02, 2017 9:56 am
Forum: Permanent Portfolio Discussion
Topic: New to Permanent Portfolio
Replies: 45
Views: 30972

Re: New to Permanent Portfolio

If you need life insurance you should not be removing money and if you don't need it then you should not have insurance. ... Using your life insurance as cash is like using social security as a proxy for bonds . I am retired but our spending cash has nothing to do with what we hold as cash in our p...
by tarentola
Thu Feb 02, 2017 4:10 am
Forum: Permanent Portfolio Discussion
Topic: New to Permanent Portfolio
Replies: 45
Views: 30972

Re: New to Permanent Portfolio

I ended up believing my own propaganda (earlier in this thread), and added more of my VP cash and Euro high-yield stocks to the PP in December 2016. My portfolio is now PP 75%, VP 25% of total investments. As my bond allocation was already low, I had to buy some bonds (without enthusiasm, given the ...
by tarentola
Thu Dec 15, 2016 8:52 am
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 161397

Re: Maximum Bond Upside

tarentola, You asked for opinions, here are mine. I've been in my PP since 2009. I have not rebalanced because of the taxable gains I have, and I am still within 15-35 percent bands. 1. I am glad you realized you are not good at speculating. I realized the same thing probably about 10 years ago. 2....
by tarentola
Thu Dec 15, 2016 2:06 am
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 161397

Re: Maximum Bond Upside

Dumb question : how do you get an ITT performance with discrete treasury bonds and not a treasury fund ? i.e. Do you buy 10, 7 or 5 year treasuries and hold them to they mature or sell them earlier at a defined time ? Thanks. I have never done this, but for LTTs Harry Browne suggested buying 30-yea...
by tarentola
Tue Dec 13, 2016 3:11 am
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 161397

Re: Maximum Bond Upside

Interest rates are probably going to rise soon, or at least stop falling. How long have we been hearing that? It sounds like your crystal ball is a lot clearer than mine. Could you please give us a date fixed? Have you seen where long-bond yields are at in other countries? Is there some reason that...