Search found 154 matches

by Austen Heller
Thu Feb 18, 2016 6:46 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 359895

Re: Golden Butterfly Portfolio

I first learned about the Fama-French small-cap value advantage back in 2004.  This is how VBR, the small-cap value ETF, has done since then, compared to total stock market (VTI): http://i66.tinypic.com/k4az9u.jpg I know these dates are cherry-picked, but as long as I've been investing, SCV has not ...
by Austen Heller
Wed Feb 17, 2016 10:30 pm
Forum: Other Discussions
Topic: Men, women and sex
Replies: 89
Views: 32462

Re: Men, women and sex

Fun times over here on this thread.

"I came to learn about bonds and gold, but I stuck around for the discussion on orgies."

Gabe, I'll be picturing you like this from now on:
Image
by Austen Heller
Wed Feb 17, 2016 9:05 pm
Forum: Other Discussions
Topic: VoIP
Replies: 14
Views: 7906

Re: VoIP

Obi200 http://www.amazon.com/gp/product/B00BUV7C9A/ref=as_li_qf_sp_asin_il?ie=UTF8&camp=1789&creative=9325&creativeASIN=B00BUV7C9A&linkCode=as2&tag=obihatechn-20 Love that amazing little thing! Pair with Googlevoice number and for <$50 have free landline. No ongoing fees. Can ad...
by Austen Heller
Wed Feb 17, 2016 1:38 am
Forum: Stocks
Topic: Demographics and the Stock Market
Replies: 16
Views: 12351

Re: Demographics and the Stock Market

I found a cool website: populationpyramid.net It lets you visualize the population pyramids of every country, at any year.  Looking at the current US graph, I can see the baby-boomers, but there is plenty of people coming up behind them, so perhaps the total number of buyers of stocks will not actua...
by Austen Heller
Sun Feb 14, 2016 9:23 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 81
Views: 42170

Re: Question for Melveyr

Thanks for the fast responses guys.  I will say that the situation has changed rather quickly.  In December, the 5-year was auctioned at 1.785%, making the decision to buy the treasury a no-brainer.  But losing about 0.5% in just over a month has altered the equation. Ah yes, the 3% 5-yr penfed CDs,...
by Austen Heller
Sun Feb 14, 2016 8:42 pm
Forum: Permanent Portfolio Discussion
Topic: Question for Melveyr
Replies: 81
Views: 42170

Re: Question for Melveyr

I recommend about 60% in CD's or intermediate treasuries, about 30 percent equities, and a 10% slice of gold.  I have heard this 30:60:10 suggestion from you before, and I have filed it in my brain as 'the Desert portfolio'.  But do you offer your suggestion regardless of age?  In other words, shou...
by Austen Heller
Thu Feb 11, 2016 11:58 pm
Forum: Other Discussions
Topic: New Hampshire
Replies: 7
Views: 4633

Re: New Hampshire

I think they tied, because of the superdelegates all going to Big Mama.  When you factor all the superdelegates in, Bernie is so far behind, he basically has no chance to win, but at least maybe he can keep Hillary honest.
by Austen Heller
Thu Feb 11, 2016 11:53 pm
Forum: Other Discussions
Topic: The Real Hillary Shady
Replies: 118
Views: 39342

Re: The Real Hillary Shady

Dude that was awesome.  'Jackin with the Jergens', that always makes me chuckle.
by Austen Heller
Thu Feb 11, 2016 11:41 am
Forum: Permanent Portfolio Discussion
Topic: ultra low / negative interest rates in Germany
Replies: 101
Views: 48835

Re: ultra low / negative interest rates in Germany

Pfanni,
I find your comments extremely interesting and insightful.  I am in the US, where I only get part of the story about what is going on over there.  I really had no idea it was getting that bad for you all in Germany.  I hope you and your family can stay safe.
by Austen Heller
Wed Feb 10, 2016 9:29 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

But if cash at everything from banks to Treasury Direct is yielding -1 to -2 (still better than owing other assets), wouldn't a 30 year TB of +1ish look pretty damn good? You are right, cash at -1% is no good.  That is when I will be be turning to the Nickel Plan.  A regular nickel weighs 5 grams, ...
by Austen Heller
Wed Feb 10, 2016 12:29 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

TLT is at 132.xy by the way. What's the highest it has ever gone? 135-140? Google Finance shows that it made it up above 138 in the week of Jan 30, 2015. Also, what would TLT be at if the long bond rate were at 1%? This isn't perfect, but using these current inputs: TLT price 132, avg maturity 26.5...
by Austen Heller
Tue Feb 09, 2016 8:55 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

So if yields on bonds went negative, you'd still own 50% bills, costing you even more to hold them? I don't know man, I'd think that there isn't really any point in owning negative yield assets. Why not just own gold and stocks at that point, and wait until yields get back above 0? In terms of the ...
by Austen Heller
Tue Feb 09, 2016 1:30 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

It is interesting that people have different risk tolerance levels for bond yields, much like Bogleheads have different risk tolerance levels for stocks.  Some Bogleheads use 'age in bonds', or 'age-10' or just '60:40' stocks:bonds.  There is no right answer, it just depends on the individual.  Howe...
by Austen Heller
Fri Feb 05, 2016 8:38 pm
Forum: Other Discussions
Topic: Super Bowl Predictions
Replies: 20
Views: 9124

Re: Super Bowl Predictions

I predict a big 'ol blow-out, just like the great Super Bowls of the 80s when Elway was leading the Broncos:

Carolina 42
Denver 9
by Austen Heller
Thu Feb 04, 2016 9:17 pm
Forum: Other Discussions
Topic: Take the challenge
Replies: 12
Views: 4217

Re: Take the challenge

Damn that is funny.  She is such a jolly soul.
by Austen Heller
Thu Feb 04, 2016 8:49 pm
Forum: Other Discussions
Topic: New Hampshire
Replies: 6
Views: 2193

Re: New Hampshire

Watching the Democratic Debate right now from NH.  Thoughts so far: 1) I am sad that Martin O'Malley is gone, because it means that I have to hear Hillary 50% of the time instead of 33%. 2) When Hillary talks, I feel like she is always scolding and yelling.  Can't hear that for the next 4 years. 3) ...
by Austen Heller
Thu Feb 04, 2016 5:29 pm
Forum: Other Discussions
Topic: ¿Jeb?
Replies: 31
Views: 9944

Re: ¿Jeb?

Jeb coming out with some 11th hour incriminating photos of Rubio, reminds me of when the Gore campaign leaked the news that GWBush had an old DWI, just days before the 2000 election.  The Bushes might just have to do something like this to pull poor Jeb out of the trash bin.
by Austen Heller
Thu Feb 04, 2016 5:07 pm
Forum: Other Discussions
Topic: Madoff
Replies: 9
Views: 4552

Re: Madoff

Darn, looks like I missed part 1, hopefully I can catch it on the web at some point.  I did enjoy the 3rd season of Damages , which was inspired by the Madoff scandal.  It had some big name actors, Glenn Close, Lily Tomlin, Martin Short, Campbell Scott... Speaking of Billions, I've only seen the fir...
by Austen Heller
Thu Feb 04, 2016 2:55 pm
Forum: Other Discussions
Topic: Rand Paul ends campaign
Replies: 25
Views: 9382

Re: Rand Paul ends campaign

He would delete them himself periodically.  I can't remember why. I never understood why he would do that.  My main takeaway from his posts was that it is better to go with a rolling ladder of bonds at the steepest part of the yield curve, rather than the classic ST-LT bond barbell.  Makes sense to...
by Austen Heller
Thu Feb 04, 2016 2:45 pm
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1425714

Re: Figuring Out Religion

Ho Lee Cow! 261 pages, I haven't been following along, but have you guys figured out religion yet?  Is there an executive summary?
by Austen Heller
Thu Feb 04, 2016 2:31 pm
Forum: Other Discussions
Topic: New Hampshire
Replies: 6
Views: 2193

Re: New Hampshire

That's a nice succinct summary.  I still can't believe Fiorina hasn't dropped out yet.  The last remaining 'undercard' candidate.  Is she still holding rallies, and if so, what must that be like?  Are there more than 10 people present?  Are they giving out free HP schwag, like printer cartridges?
by Austen Heller
Thu Feb 04, 2016 2:17 pm
Forum: Other Discussions
Topic: ¿Jeb?
Replies: 31
Views: 9944

Re: ¿Jeb?

Jeb also needs to stop busting out the word 'caliphate' in every debate.  He even admits that he didn't know what that meant a year ago, and guess what, almost nobody listening to the debate knows what it means now.  Just makes him look like he's trying to show off his intellectual chops, and nobody...
by Austen Heller
Wed Feb 03, 2016 5:04 pm
Forum: Other Discussions
Topic: Rand Paul ends campaign
Replies: 25
Views: 9382

Re: Rand Paul ends campaign

Maybe there should be a Hall of Fame/Shame thread for remembering past PP forum members.  Gone but not forgotten: clive, kshartle, mathjak...
by Austen Heller
Wed Feb 03, 2016 1:42 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

How much will we make when long bonds reach -1%? Well, I went ahead and updated my previous chart to include negative yields.  The red dot represents current market conditions in the US, 30-year bond yield ~ 2.5%, price 100.  If yield drops to -1%, then price is 222. http://i68.tinypic.com/xf53dc.p...
by Austen Heller
Wed Feb 03, 2016 12:58 pm
Forum: Bonds
Topic: Maximum Bond Upside
Replies: 278
Views: 163531

Re: Maximum Bond Upside

Checking back in with this thread...international bond yields have gotten even more crazy. Japan: 30-yr = 1.06%, with everything negative below 10 years. Swiss: 30-yr = 0.278%, everything negative below 15 years. Insane.  Still lots of upside for holders of US bonds, with the 30-yr at 2.66% and the ...