Search found 3483 matches

by Ad Orientem
Wed Aug 22, 2012 3:07 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Shakedown Part 1
Replies: 36
Views: 13103

Re: Permanent Portfolio Shakedown Part 1

Broke?  Stocks, bonds, gold, and cash all fall to zero?  What sort of scenario leaves you broke with a Permanent Portfolio? There were several historical periods that would have left you very broke in real terms, not nominal.  Nominal is an illusion if your purchasing power has dropped 50%-75%+.  I...
by Ad Orientem
Tue Aug 21, 2012 10:50 pm
Forum: Other Discussions
Topic: Travel Guide From 1910
Replies: 6
Views: 3114

Travel Guide From 1910

For those with an interest in history and cultural norms a comprehensive guide for travelers published by the Scientific American...
http://www.gjenvick.com/HistoricalBroch ... index.html
Quite a few photos included.
by Ad Orientem
Mon Aug 20, 2012 5:06 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Shakedown Part 1
Replies: 36
Views: 13103

Re: Permanent Portfolio Shakedown Part 1

I am not a fan of dogmatism (although I would not be comfortable if anyone omitted any of the asset classes entirely). But if you want to throw in a little silver with your gold, go for it. If using a global stock index fund as opposed to all US will help you sleep at night, knock yourself out. If y...
by Ad Orientem
Mon Aug 20, 2012 1:42 pm
Forum: Other Discussions
Topic: Is Modern Portfolio Theory Dead? Come On.
Replies: 2
Views: 1778

Is Modern Portfolio Theory Dead? Come On.

Given the voluminous threads on this subject that have popped up I'm almost afraid to post this link. But here goes...
http://techcrunch.com/2012/08/11/is-mod ... d-come-on/
by Ad Orientem
Sun Aug 19, 2012 9:10 pm
Forum: Gold
Topic: Storing physical gold
Replies: 30
Views: 13695

Re: Storing physical gold

A safe deposit box in a bank is the best way to store gold 98% of the time. Home storage is always high risk. I don't care where you hide it, or how many dogs with big teeth you have or if you keep loaded firearms in every room of the house including next to the crapper. The only exception I can thi...
by Ad Orientem
Sun Aug 19, 2012 7:52 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP Near-Equivalents
Replies: 15
Views: 11157

Re: HBPP Near-Equivalents

Ok, so the purest HBPP in today's world might be: 25% Total Stock Market Fund/ETF 25% Long-Term Treasury Bonds 25% Treasury Bills 25% Physical Gold A less "pure" version might use ETFs for the gold, LTTs, and STTs. An even less pure version might use PRPFX and EDV. And an even less pure v...
by Ad Orientem
Sun Aug 19, 2012 7:40 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP Near-Equivalents
Replies: 15
Views: 11157

Re: HBPP Near-Equivalents

25% total stock market ETF 25% gold bullion 50% intermediate term treasury fund If Cuggino dropped the expense ratio to say 0.5% from the current .71%, and dumped the now useless Swiss francs, would PRPFX be a more palatable option? Hugely. But I agree with Reub. It's about as likely as a blizzard ...
by Ad Orientem
Sun Aug 19, 2012 7:36 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP Near-Equivalents
Replies: 15
Views: 11157

Re: HBPP Near-Equivalents

The purer you go, the more of a hassle it is to manage. For me, ETFs + physical bullion is good enough to let me sleep at night. I agree. For me one of the great attractions of the PP is its simplicity. I feel quite safe holding the bonds cash and stocks in ETF's. If you are proposing an investment...
by Ad Orientem
Sun Aug 19, 2012 7:23 pm
Forum: Permanent Portfolio Discussion
Topic: Updated PP Performance Charts
Replies: 21
Views: 8777

Re: Updated PP Performance Charts

Nice charts. Thanks for posting.
by Ad Orientem
Sat Aug 18, 2012 6:22 pm
Forum: Gold
Topic: Perth Mint Certificate
Replies: 14
Views: 8301

Re: Perth Mint Certificate

Pros and Cons as compared to IAU in an IRA? Gold is the last asset you want in tax deferred. IMO. Fill it first with bonds, cash and stocks. Keep some cash out for emergencies though. Gold can go in last, but don't put all of it in there. Frankly the level of trust I have for Perth Mint over an etf...
by Ad Orientem
Sat Aug 18, 2012 5:50 pm
Forum: Other Discussions
Topic: President Vladimir Putin’s cruel tyranny is driven by paranoia
Replies: 40
Views: 9457

Re: President Vladimir Putin’s cruel tyranny is driven by paranoia

The Russian Orthodox Church has issued a statement appealing for mercy for the band members.

http://worldnews.nbcnews.com/_news/2012 ... mercy?lite
by Ad Orientem
Sat Aug 18, 2012 4:59 pm
Forum: Gold
Topic: Paulson is betting big on gold
Replies: 0
Views: 1194

Paulson is betting big on gold

Billionaire John Paulson raised his stake in an exchange-traded fund tracking the price of gold while selling other stocks during the second quarter, leaving his $21 billion hedge fund with more than 44 percent of its U.S. traded equities tied to bullion. Read the rest here... http://www.bloomberg....
by Ad Orientem
Sat Aug 18, 2012 4:07 pm
Forum: Other Discussions
Topic: Romney Picks Paul Ryan
Replies: 68
Views: 22883

Re: Romney Picks Paul Ryan

As an addendum to my previous the fact that a president lied occasionally does not mean they weren't great presidents. The nature of the job in the modern world makes the occasional lie necessary. The question is did they lie rarely and only when necessary for a specific reason (Ike Lincoln)? Or did...
by Ad Orientem
Sat Aug 18, 2012 3:59 pm
Forum: Other Discussions
Topic: Romney Picks Paul Ryan
Replies: 68
Views: 22883

Re: Romney Picks Paul Ryan

Reub wrote: Was Reagan a liar? Was Truman? Was Eisenhower? Was Lincoln? Was JFK? Were they all liars?
Yes, Not Sure, Yes, Yes and Yes.
by Ad Orientem
Sat Aug 18, 2012 11:18 am
Forum: Permanent Portfolio Discussion
Topic: Need a little guidance
Replies: 48
Views: 16404

Re: Need a little guidance

The major concern I have with the conventional PP is that of inflation. Historically there have been periods when treasury yields were kept low, whilst inflation raged. What should be a priority is retention of purchase power, not just nominal value. Many investors baseline to cash (nominal) instea...
by Ad Orientem
Fri Aug 17, 2012 12:39 pm
Forum: Other Discussions
Topic: President Vladimir Putin’s cruel tyranny is driven by paranoia
Replies: 40
Views: 9457

Re: President Vladimir Putin’s cruel tyranny is driven by paranoia

I am not defending the sentence. I would not have gone there myself. But I do think we need to stop treating their behavior as a childish prank. It wasn't. It was a premeditated and very gross sacrilege that was intended to shock and offend an entire people, many of whom have direct memories of the ...
by Ad Orientem
Fri Aug 17, 2012 12:01 pm
Forum: Other Discussions
Topic: President Vladimir Putin’s cruel tyranny is driven by paranoia
Replies: 40
Views: 9457

Re: President Vladimir Putin’s cruel tyranny is driven by paranoia

Just to make sure I am understanding what happened, in February the band members played one minute of an unauthorized song in front of a mostly empty church before being escorted out, right?   Actually it's a bit more than that. First they chose their target carefully. They did this in Christ the S...
by Ad Orientem
Fri Aug 17, 2012 10:31 am
Forum: Other Discussions
Topic: President Vladimir Putin’s cruel tyranny is driven by paranoia
Replies: 40
Views: 9457

Re: President Vladimir Putin’s cruel tyranny is driven by paranoia

Two years seems a bit stiff to my mind. But I think it is important to recall that what they did was deliberate sacrilege in a church. In any jurisdiction that I know of they would have been arrested and thrown in the clink. I have been, and remain a fierce critic Vladimir Putin's increasingly autho...
by Ad Orientem
Thu Aug 16, 2012 3:31 pm
Forum: Other Discussions
Topic: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan
Replies: 19
Views: 7188

Re: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan

Illinois? Nah. That's the big O's home state! I'm from there and I can tell you that Illinois is probably the dirtiest place of them all. It'll always be a blue state even if they have to start registering dogs and cats to vote. true, dat sweet home Chicago Chicago; where the motto is vote early an...
by Ad Orientem
Thu Aug 16, 2012 1:03 pm
Forum: Other Discussions
Topic: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan
Replies: 19
Views: 7188

Re: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan

Would anyone consider a vote for Gary Johnson? He's running on the Libertarian Party ticket. What I've read of him, I like, although I haven't done an in-depth analysis. I don't have any delusions he'll win, but some votes for him could help to make a statement, at least, that some of us are not ha...
by Ad Orientem
Wed Aug 15, 2012 12:31 pm
Forum: Permanent Portfolio Discussion
Topic: Need a little guidance
Replies: 48
Views: 16404

Re: Need a little guidance

FWIW I think TLT or EDV both work well for your long term bonds. TLT is a bit more pure, whereas EDV gives you a bit more zip on your returns coupled with slightly higher volatility. For cash I like SCHO since it it gives me added institutional diversification. But SHY and SHV also work well. VFISX ...
by Ad Orientem
Tue Aug 14, 2012 9:34 pm
Forum: Other Discussions
Topic: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan
Replies: 19
Views: 7188

Re: Reagan's Budget Director Annihilates Paul Ryan's Budget Plan

How can you say that they're identical when one has been President and failed and the other hasn't? Because both have track records that make it clear they are ideological twins. There may be some differences on details. But philosophically there isn't much difference. Romney and Obama are both cro...