Search found 1128 matches

by clacy
Tue Aug 02, 2011 8:11 am
Forum: Other Discussions
Topic: There Are Women Here
Replies: 7
Views: 2861

Re: There Are Women Here

That makes sense to me.  Anecdotal experience would lead me to think that most women are more conservative financially, which would make the HBPP a good fit, IMO. 
by clacy
Wed Jul 20, 2011 4:27 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 571
Views: 334920

Re: 20% annual returns over 40 years...interested?

Wonk, I certainly wouldn't want to use 10x leverage.  You could go with 3-4x though and put a much larger percentage of your actual money in cash, and still capture the volatility of the other 3 markets with much less money tied up.  That is just a thought of possible benefits of using that kind of ...
by clacy
Wed Jul 20, 2011 8:33 am
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 571
Views: 334920

Re: 20% annual returns over 40 years...interested?

moda, The biggest problem that I can see, would be that it would take a very large account (min $500k, possibly more) in order to dial in the 25%'s as all of these contracts represent different dollar amounts.  IIRC, a mini-S&P contract is worth roughly $60k, but gold is worth much more, so unle...
by clacy
Tue Jul 19, 2011 8:07 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 571
Views: 334920

Re: 20% annual returns over 40 years...interested?

Has anyone tested the PP or variations with futures?  It would be interesting to see a portfolio with $USD, Gold, Bond and S&P futures. With a portfolio north of $100-150k, you could use futures in lieu of ETF's fairly easily. Not sure what the roll over would cost you, but if you're interested ...
by clacy
Fri Jun 17, 2011 8:45 pm
Forum: Bonds
Topic: US Is in Even Worse Shape Financially Than Greece: Gross
Replies: 60
Views: 22282

Re: US Is in Even Worse Shape Financially Than Greece: Gross

The key macro theme to keep in mind when forming opinions about future inflation is that economic environments following the bursting of credit fueled asset bubbles are NOT inflationary.  This time could be different, and I think the Fed is desperately hoping for a little bit of inflation and a hea...
by clacy
Mon Jun 13, 2011 8:08 pm
Forum: Permanent Portfolio Discussion
Topic: TIPS
Replies: 5
Views: 3974

Re: TIPS

It is my understanding that TIPS don't preform well in times of deflation or recession (or when these things are a concern), correct?  That is one of the main purposes of cash in the HBPP system is to have an asset class that will at least maintain it's purchasing power during those times.
by clacy
Sun Jun 12, 2011 4:03 pm
Forum: Variable Portfolio Discussion
Topic: Mortgage Paydown?? How About VP LTT's
Replies: 31
Views: 15561

Re: Mortgage Paydown?? How About VP LTT's

Do you live somewhere without property taxes? Even if I did not owe the bank, I only rent my property from the local mesne lord and the Crown, both of whom are more than willing to step in and evict me if I do not pay my annual rent.  And of course the Crown in D.C. has and continues to show willin...
by clacy
Sun Jun 12, 2011 12:31 am
Forum: Variable Portfolio Discussion
Topic: Mortgage Paydown?? How About VP LTT's
Replies: 31
Views: 15561

Re: Mortgage Paydown?? How About VP LTT's

I am a fan of paying off your house.  I know plenty of people that will say you're crazy for paying off low interest mortgages right now, but it seems like it is a good strategy for someone that is conservative by nature, which I believe most HBPP'ers are. Once you own your home outright, you know ...
by clacy
Sun Jun 12, 2011 12:21 am
Forum: Variable Portfolio Discussion
Topic: Mortgage Paydown?? How About VP LTT's
Replies: 31
Views: 15561

Re: Mortgage Paydown?? How About VP LTT's

Once you own your home outright, you know you'll never be homeless.... Do you live somewhere without property taxes? Even if I did not owe the bank, I only rent my property from the local mesne lord and the Crown, both of whom are more than willing to step in and evict me if I do not pay my annual ...
by clacy
Fri Jun 10, 2011 9:13 pm
Forum: Gold
Topic: Causes of Inflation
Replies: 5
Views: 3239

Re: Causes of Inflation

People would have to spend it for it to cause inflation. If people simply buried it in their backyards, no price inflation would occur. Thus, the printing money part is only part of the story.  You have to know what happens to the money after it is printed. Yes, if it were just burried, it wouldn't...
by clacy
Fri Jun 10, 2011 3:02 pm
Forum: Variable Portfolio Discussion
Topic: Mortgage Paydown?? How About VP LTT's
Replies: 31
Views: 15561

Re: Mortgage Paydown?? How About VP LTT's

I am a fan of paying off your house.  I know plenty of people that will say you're crazy for paying off low interest mortgages right now, but it seems like it is a good strategy for someone that is conservative by nature, which I believe most HBPP'ers are. Once you own your home outright, you know y...
by clacy
Fri Jun 10, 2011 7:45 am
Forum: Permanent Portfolio Discussion
Topic: PP REBALANCING
Replies: 11
Views: 5035

Re: PP REBALANCING

I believe there is a significant foreign equity presence built in to SPY or VTI due to the multi-national nature of the US's largest companies.

With that said, I often hold much more foreign and emerging equities in the portion of my money that is not held in the PP (about 2/3's)
by clacy
Thu Jun 09, 2011 7:03 pm
Forum: Permanent Portfolio Discussion
Topic: Rebalancing based on technical triggers
Replies: 1
Views: 2852

Re: Rebalancing based on technical triggers

I have thought about scaling in for rebalances when the RSI indicator is in overbought/oversold territory on a monthly chart.  I think however, that most times this would just coincide with being close to the 15/35% bands anyway though. That is more of a bottome fishing strategy for rebalance, which...
by clacy
Thu May 12, 2011 11:15 am
Forum: Permanent Portfolio Discussion
Topic: UK Investor
Replies: 7
Views: 4495

Re: UK Investor

The PP is relative to the country you live in.  So I would buy a mutual fund or ETF based on the broad UK stock market, hold Sterling as cash, gold is gold obviously and long dated UK treasuries
by clacy
Thu May 12, 2011 9:44 am
Forum: Variable Portfolio Discussion
Topic: Retiring a 60/40 portfolio
Replies: 18
Views: 10305

Re: Retiring a 60/40 portfolio

I would say buy a more volatile stock index than TSM, but I personally believe the stock market is about to roll over , in which case more volatile stocks will likely fall farther than the overall market, so I don't know what to tell you. I tend to agree.  Of course predictions are rarely correct, ...
by clacy
Mon May 09, 2011 12:16 pm
Forum: Gold
Topic: What Will You Do When Silver Hits $40 An Ounce?
Replies: 29
Views: 15617

Re: What Will You Do When Silver Hits $40 An Ounce?

Thankfully I have stayed away from SLV recently, although I wish I would have bought some on the run up.  I am holding some PRPFX, so that has been hit fairly hard recently though.
by clacy
Mon May 09, 2011 10:27 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 27320

Re: Simple volatile uncorrelated VP

Besides, why make it more complicated? The title of this thread is, " Simple volatile uncorrelated VP" I was just responding to his question about "other 2-4 assets that one might chose".  Frankly, there are many negatively correlated assets besides just LTT/gold miners.  If he'...
by clacy
Mon May 09, 2011 8:33 am
Forum: Variable Portfolio Discussion
Topic: Simple volatile uncorrelated VP
Replies: 60
Views: 27320

Re: Simple volatile uncorrelated VP

Even though Harry Browne advocated using 4 asset classes (US stocks, Gold, Cash, LTT), there is certainly more than that to chose from.  Here is a quick, off the top of my head list of asset classes and sub-classes: -US Stocks: many sub classes and sectors here obviously -Foreign Stocks:  emerging, ...
by clacy
Fri May 06, 2011 1:56 pm
Forum: Permanent Portfolio Funds
Topic: Gonna Be A Bad Day For PRPFX
Replies: 39
Views: 22744

Re: Gonna Be A Bad Day For PRPFX

There's your answer MediumTex. I am not comfortable holding an investment in a taxable account with this degree of volatility. I asked myself whether I was committed to holding the fund if GLD had a similar correction to what SLV has experienced lately. The answer was no. I have no plan at this poi...
by clacy
Thu May 05, 2011 10:29 am
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32004

Re: HBPP compared to other strategies on The Retire Early Homepage

The fact is we none of us will ever really know how the PP will perform in the future.  40 years is not really long enough to draw concrete conclusions.  The HBPP seems to be as solid as it comes in terms of protection, but that protection likely comes at a price in terms of growth.  Which is exactl...
by clacy
Thu May 05, 2011 9:30 am
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32004

Re: HBPP compared to other strategies on The Retire Early Homepage

As long as the US continues to send dollars overseas to purchase goods, those dollars will continue to come back to the US in for form of treasuries and/or US stock market purchases, IMO.  That is from Harry Browne's radio show and it makes sense to me.  That would more or less give us some sort of ...
by clacy
Sun May 01, 2011 3:10 pm
Forum: Permanent Portfolio Discussion
Topic: HBPP compared to other strategies on The Retire Early Homepage
Replies: 37
Views: 32004

Re: HBPP compared to other strategies on The Retire Early Homepage

The charts do speak for themselves. Even during the late 90's stock boom and gold bust the portfolio did perfectly fine. From a retirement income perspective, what drew me to the portfolio is that I didn't find any long rolling years of negative real returns. Something that many other strategies ca...
by clacy
Thu Apr 28, 2011 10:17 pm
Forum: Bonds
Topic: AAA LT Corporate Bonds
Replies: 9
Views: 5877

Re: AAA LT Corporate Bonds

Go on Yahoo Finance and do a five year comparison of VWESX (Vanguard long term corporate bond fund) and VUSTX (Vanguard long term treasury fund) and see which you would rather have had in 2008. I'm just using VUSTX for convenience; 30 year treasuries did even better in 2008. Exactly.  In any sort o...
by clacy
Wed Apr 27, 2011 7:36 pm
Forum: Variable Portfolio Discussion
Topic: National Bank of Greece
Replies: 6
Views: 4523

Re: National Bank of Greece

Speculating on Greek stocks takes some very large cojones!!!
by clacy
Sun Apr 24, 2011 6:10 pm
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37582

Re: Do we need more protection than just the PP?

I tend to agree with everything that MT just said. I really don't know of a better way to protect your money than the HBPP and still grow it.