Search found 171 matches

by europeanwizard
Fri Jun 07, 2019 3:16 am
Forum: Permanent Portfolio Discussion
Topic: Yearly balancing or 15/35?
Replies: 13
Views: 10511

Re: Yearly balancing or 15/35?

You check once a year. And only rebalance when the boundaries were hit.
by europeanwizard
Tue May 07, 2019 3:01 pm
Forum: Other Discussions
Topic: Puri.sm
Replies: 2
Views: 1993

Re: Puri.sm

I really like them. Very privacy-friendly, no communication with the mothership or external parties. Due to work, I'm using a Mac but this would definitely be my next choice.
by europeanwizard
Sun Apr 28, 2019 1:55 pm
Forum: Other Discussions
Topic: Wonder how the PP acts in this scenario....
Replies: 13
Views: 6220

Re: Wonder how the PP acts in this scenario....

76 minutes? I would need an executive summary. :) I think it's too long as well, however -- in the first couple of minutes, he refers to a debate he had with Christopher Joye: https://www.youtube.com/watch?v=nQuKMsmVq5c It's about 25 minutes long and very fast paced. What I like, is that both sides...
by europeanwizard
Sat Apr 27, 2019 1:42 am
Forum: Bonds
Topic: TLT Study - Inverting History
Replies: 25
Views: 19051

Re: TLT Study - Inverting History

Interesting... so even if interest rates would rise, we won't get the same performance from bonds -- due to the drag inherent in bonds. Anyway, to counteract this, they say they do the following: We take a different approach. Our portfolios are designed by “currentizing” historical bond returns. Thi...
by europeanwizard
Sun Apr 21, 2019 12:24 am
Forum: Other Discussions
Topic: The left should resist the siren song of ‘modern monetary theory’
Replies: 5
Views: 2844

Re: The left should resist the siren song of ‘modern monetary theory’

When I read this stuff, I'm so glad a decent portion of my portfolio is gold.
by europeanwizard
Thu Apr 11, 2019 7:53 am
Forum: Other Discussions
Topic: BOA - $20 an hour
Replies: 16
Views: 7331

Re: BOA - $20 an hour

Some weeks back, Peter Schiff analyzed this in a podcast. He figured that this benefits the big boys, because they have enough money for robotization/automation. They either replace workers, or augment them, such that they can do with a smaller workforce. Smaller companies can only downsize when the...
by europeanwizard
Wed Apr 10, 2019 12:52 am
Forum: Cash
Topic: For JeffreyAlan
Replies: 4
Views: 9980

Re: For JeffreyAlan

Wow, that's an extremely interesting thread. Fascinating how the topic author, "Calais", updates his topic over the years. Also interesting: he jumps out of equities, and then most recently, reveals how he's been taking pretty huge risks which lost 45% of his usually very steady 2% yields: (...) my ...
by europeanwizard
Mon Apr 08, 2019 1:37 pm
Forum: Variable Portfolio Discussion
Topic: Schwab Financial Decoder episodes
Replies: 1
Views: 1830

Re: Schwab Financial Decoder episodes

Pretty good podcast on diversification https://www.schwab.com/resource-center/insights/content/financial-decoder-season-2-episode-1?cmp=em-QYD I'm always on the lookout for good financial podcasts, added it straight away! Edit: so I listened to it. Basically it's a very, very well done overview of ...
by europeanwizard
Sat Feb 23, 2019 1:08 pm
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 13704

Re: Viability of HBPP with perpetually low interest rate Fed

How has Euro PP performed in that environment? Gold: 1,7% Bonds: 0,9% Stocks: -0,5% Cash: 0,7% So an average of 0.7% in 2018, thanks to gold. I'm switching out of a Euro PP, and taking steps toward a global PP. I've already moved out of EU stocks, and taken a global stocks fund. I'll probably do th...
by europeanwizard
Sat Feb 23, 2019 12:31 am
Forum: Permanent Portfolio Discussion
Topic: Viability of HBPP with perpetually low interest rate Fed
Replies: 21
Views: 13704

Re: Viability of HBPP with perpetually low interest rate Fed

These low (or for EU zero) interest rates have been likened to drugs by Peter Schiff.
by europeanwizard
Mon Feb 11, 2019 2:59 am
Forum: Gold
Topic: Good Podcast On Gold
Replies: 3
Views: 2922

Re: Good Podcast On Gold

I listened to it, and it's pretty good. I'll listen to it twice, to be honest. A lot of information that requires me to "let it sink in".

Great tip!
by europeanwizard
Fri Jan 04, 2019 12:31 am
Forum: Permanent Portfolio Discussion
Topic: Where to Start Out...
Replies: 26
Views: 18410

Re: Where to Start Out...

Just to make sure, you're based in the US? Because if not, then you'd get different advice.
by europeanwizard
Wed Dec 26, 2018 2:30 am
Forum: Other Discussions
Topic: Merry Christmas
Replies: 17
Views: 6629

Re: Merry Christmas

Happy Christmas!

Off to my sister-in-law. Last time I had a pretty interesting conversation on investments there, with one of her friends. Probably no such luck this time :D Oh well.
by europeanwizard
Sat Dec 15, 2018 1:05 am
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 12557

Re: PP Europe (Germany)

Here's an interesting discussion about these lower yields. It's also why I avoid these longest maturities. But calculate it for .75%, .5% and .25% yields and it still holds up because the duration is also increasing to make up for the "missing" yields, i.e. it just becomes more like a zero coupon bo...
by europeanwizard
Thu Dec 13, 2018 7:33 am
Forum: Permanent Portfolio Discussion
Topic: PP Europe (Germany)
Replies: 15
Views: 12557

Re: PP Europe (Germany)

For bonds, I've got the iShares E GOV7-10, IE00B1FZS806. As you'd guess from the name, maturity is 7 to 10 years. This is the longest maturity I'm willing to buy. I may get rid of the whole thing, and get some sort of global bond ETF. I also no longer hold EU stocks, I went global. For cash, I went ...
by europeanwizard
Tue Dec 11, 2018 1:14 am
Forum: Permanent Portfolio Discussion
Topic: How does the PP respond to a devaluing currency
Replies: 3
Views: 3781

Re: How does the PP respond to a devaluing currency

I think Hal's conclusion is correct; you'd just have the bond interest + stock dividends. However with the Euro as it is, I think gold serves a nice backup in case something else than inflation happens.
by europeanwizard
Mon Dec 03, 2018 12:46 am
Forum: Other Discussions
Topic: How I Found Freedom
Replies: 12
Views: 6614

Re: How I Found Freedom

eBook version not working for you?
by europeanwizard
Tue Nov 13, 2018 12:03 am
Forum: Gold
Topic: Old HB radio show about Gold
Replies: 14
Views: 7753

Re: Old HB radio show about Gold

I've got an EU/Global PP, and indeed I feel that gold in the EU PP will behave differently. It's not clear what the alternatives would be, though.
by europeanwizard
Wed Oct 17, 2018 12:36 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 76554

Re: Purpose of the PP

It's an investment besides saving, for now. Although I consider making it my primary savings. It's meant for being able to retire a couple of years earlier than usual.
by europeanwizard
Sat Oct 13, 2018 12:38 am
Forum: Permanent Portfolio Discussion
Topic: 10 years of PP ownership
Replies: 5
Views: 3945

Re: 10 years of PP ownership

Yeah, those are very decent returns. With a European PP, these are not feasible. So I'd say very nice indeed.
by europeanwizard
Mon Aug 27, 2018 1:27 am
Forum: Permanent Portfolio Discussion
Topic: European PP
Replies: 11
Views: 8305

Re: European PP

I have a EU PP (coming from The Netherlands) but I'm not happy about the stocks part, atrocious returns last year when compared to the US. I'm thinking about getting a global stocks ETF, instead of European.
by europeanwizard
Tue Aug 07, 2018 2:23 pm
Forum: Permanent Portfolio Discussion
Topic: No gold in 401k pension in uk
Replies: 2
Views: 2685

Re: No gold in 401k pension in uk

Sure, it doesn't matter where exactly you keep each component of the PP. In fact, spreading over institutions is a great idea.
by europeanwizard
Mon Aug 06, 2018 2:22 pm
Forum: Permanent Portfolio Discussion
Topic: Help Diversifying the PP for Global World
Replies: 3
Views: 2995

Re: Help Diversifying the PP for Global World

What you could do, is keep an original PP. Then as part of your variable portfolio, add a few things which you think add some value. My EU PP barely protected against inflation last year. However I did have some gains because I've got a small variable portfolio with peer-to-peer lending and a tiny b...
by europeanwizard
Mon Jul 30, 2018 10:02 am
Forum: Variable Portfolio Discussion
Topic: Farmland
Replies: 7
Views: 5962

Re: Farmland

It was a stunning podcast. What I found really interesting, is that they had a really unfortunate situation where they bought a farm, which was subsequently to be rented out to a farm company managed by two men. Then within a year, both (!) of them died and the company was about to go under. So Davi...