Search found 364 matches

by jacksonM
Thu Nov 29, 2018 8:09 pm
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

There are a number of factors causing this. First is that the world is becoming increasingly secular, at least in the West. To some degree this also translates into at least moderately anti-religious prejudice. Secondly far too many churches are tripping over each other in a mad rush to see which o...
by jacksonM
Thu Nov 29, 2018 11:30 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

There are a number of factors causing this. First is that the world is becoming increasingly secular, at least in the West. To some degree this also translates into at least moderately anti-religious prejudice. Secondly far too many churches are tripping over each other in a mad rush to see which o...
by jacksonM
Wed Nov 28, 2018 5:38 pm
Forum: Permanent Portfolio Discussion
Topic: Stupid to Look at Portfolio Too Often
Replies: 24
Views: 11546

Re: Stupid to Look at Portfolio Too Often

It's nice to know there is math to confirm it but I seem to have figured this out instinctively already. I thought HB said in his book to only look once a year unless you happen to notice something extraordinary going on in the economy. I was therefore surprised to see there were a lot of portfolio ...
by jacksonM
Wed Nov 28, 2018 5:29 pm
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

This is from Alex Jones so take it for what it's worth. I knew people were leaving church in large numbers but I didn't know they were this large. Even though I've become a non-believer myself I'm not so sure America will be better off for this. Doesn't seem to have made Europe a better place. As yo...
by jacksonM
Mon Nov 26, 2018 5:51 pm
Forum: Permanent Portfolio Discussion
Topic: Worst investing year ever...
Replies: 67
Views: 38088

Worst investing year ever...

A thread with this name was started over on Bogleheads. I immediately thought of Bud.

Tries to explain why all asset classes are down.....

https://www.bogleheads.org/forum/viewto ... 0&t=264840
by jacksonM
Wed Nov 21, 2018 9:26 pm
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

I’m not “bashing anyone’s choices” nor am I looking for guidance on how to proceed. I continue to hold all 4 assets just not @25% each since that is too agnostic for my tastes when 7/10 years stocks advance. I’ve also seen the following scenario play out countless times when stocks decline. Gold an...
by jacksonM
Wed Nov 21, 2018 9:56 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

The lower drawdowns come hand in-hand with lower gains. That all sounds great until you calculate the opportunity cost for investing in non-equity assets. If you’re not going to look then you’re better off holding a higher stock allocation as you are less likely to capitulate and sell. That last se...
by jacksonM
Wed Nov 21, 2018 8:40 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

The lower drawdowns come hand in-hand with lower gains. That all sounds great until you calculate the opportunity cost for investing in non-equity assets. If you’re not going to look then you’re better off holding a higher stock allocation as you are less likely to capitulate and sell. That last se...
by jacksonM
Tue Nov 20, 2018 1:36 pm
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

So it’s meeting everyone’s expectations? Come on, you’re not serious or lying to yourself if you’re not surprised at how poor the PP is responding. There have been 3 or 4 negative years for the PP in history and another is on the way... Speaking only for myself, I don't have any short term expectat...
by jacksonM
Tue Nov 20, 2018 11:01 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

Wow, so glad I invested in the Perplexed Portfolio. Don’t worry, by end of year I am gone permanently. Good luck with this piece of shit. I think it's a wise thing that you are finally going to abandon it. A portfolio that causes you such angst is obviously not the right one for you. Hopefully you ...
by jacksonM
Tue Nov 20, 2018 10:05 am
Forum: Permanent Portfolio Discussion
Topic: Cash has exceeded my rebalance band, but....?
Replies: 23
Views: 11287

Re: Cash has exceeded my rebalance band, but....?

Goldman Sachs is saying it's time to "Boost Cash". So is it really a good idea to sell stocks and increase cash right now or is their advice part of the scheme to increase revenues from transaction fees by having people jump in and out of the market? Considering the source, I'm going with ...
by jacksonM
Tue Nov 20, 2018 9:55 am
Forum: Other Discussions
Topic: Fear is the mind-killer
Replies: 108
Views: 49692

Re: Fear is the mind-killer

Yeah, and living through the Depression and WW2 just completely colored an entire generation's thinking about money in a major way; and that was a worldwide phenomenon, not just in the USA. I remember my dad's stories about growing up in the Depression era. He was all about frugality, DIY'ing, and ...
by jacksonM
Mon Nov 19, 2018 6:33 pm
Forum: Other Discussions
Topic: Fear is the mind-killer
Replies: 108
Views: 49692

Re: Fear is the mind-killer

You continue to intrigue me, PS. Finish the quote... I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain. Sounded like a Buddhist quote until I go...
by jacksonM
Thu Nov 15, 2018 1:03 pm
Forum: Other Discussions
Topic: Fear is the mind-killer
Replies: 108
Views: 49692

Re: Fear is the mind-killer

All of us here are INTJ-ish control freaks. It is so easy for us to become convinced that we can control things. Letting go of that is one of the hardest things for people like us! I now believe that loss is inevitable. Denying this is a kind of obsessive-compulsive disorder. If your kids (or grand...
by jacksonM
Wed Nov 14, 2018 12:29 pm
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

The year that gold had it's major meltdown helped convince me to stick with the PP. Unlike Bud, I just don't look when I suspect I won't like what I see so when I finally did I was pleasantly surprised to see that the whole portfolio was down only about 2%. Contrast this with 2008 when stocks had a ...
by jacksonM
Wed Nov 14, 2018 10:58 am
Forum: Other Discussions
Topic: It's all about China
Replies: 123
Views: 64430

Re: It's all about China

http://www.unz.com/freed/intelligent-design-two-weeks-in-chengdu-and-environs/ Fred Reed on his trip to China.... For anyone who knows what China was before Deng Xiaoping took over in 1978, after Mao made his greatest contribution to his country–he died–the growth of prosperity astounds. Many criti...
by jacksonM
Mon Nov 12, 2018 9:13 am
Forum: Permanent Portfolio Discussion
Topic: Purpose of the PP
Replies: 152
Views: 77942

Re: Purpose of the PP

buddtholomew wrote: Mon Nov 12, 2018 8:53 am Everyone having fun?
PP sucks!
I don’t care what anyone says, WORST portfolio imaginable.
Garbage.
I'm sure you've heard of Einstein's definition of insanity.

If you really are convinced of what you are saying then why do you continue with it at all?
by jacksonM
Sat Nov 10, 2018 11:22 am
Forum: Other Discussions
Topic: YouTube Junkie
Replies: 1231
Views: 628306

Re: YouTube Junkie

Kriegsspiel wrote: Fri Nov 09, 2018 9:53 pm Veteran mocked on 'Saturday Night Live' wins House seat

Based response to PTSD question.
I loved Dan Crenshaw's (the veteran) response: "Good rule in life: I try hard not to offend; I try harder not to be offended."

Too many people practice that in reverse nowadays.
by jacksonM
Thu Nov 08, 2018 10:12 am
Forum: Other Discussions
Topic: Kavanaugh
Replies: 208
Views: 94846

Re: Kavanaugh

Oh boy..... https://www.cnbc.com/2018/11/08/supreme-court-justice-ruth-bader-ginsburg-85-has-broken-her-ribs-in-a-fall.html Kavanaugh was bad enough, but if Trump replaces RBG it will get UGLY Certainly people will be angry... But he could nominate Amy Coney Barrett and how could they stop it? If R...
by jacksonM
Thu Nov 08, 2018 9:39 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

If one comes at the scriptures with a secular rational approach looking for historical inaccuracies and contradictions, it's going to be like shooting fish in a barrel...too easy. And for the human "editors" ? of the NT, running down historical inaccuracies/contradictions was likely not a...
by jacksonM
Wed Nov 07, 2018 3:18 pm
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

Thanks for the hand of fellowship extended to the pagan anti-Christ. ;) Good to be a part of the discussion. When religious threads go negative I simply leave as I don't see the point. While I've held on to my faith since I was a teenager I've always felt I needed to engage with science, secular ph...
by jacksonM
Wed Nov 07, 2018 12:52 pm
Forum: Other Discussions
Topic: Kavanaugh
Replies: 208
Views: 94846

Re: Kavanaugh

Well, that was an interesting election result. No way to know for sure but my guess is that if it had not been for the Kavanaugh hearings, the Democrats would have probably won the senate as well as the house. Instead they actually lost 3 seats. Normally, I don't really care all that much of late wh...
by jacksonM
Wed Nov 07, 2018 11:25 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

Thanks for the hand of fellowship extended to the pagan anti-Christ. ;) Good to be a part of the discussion. When religious threads go negative I simply leave as I don't see the point. While I've held on to my faith since I was a teenager I've always felt I needed to engage with science, secular ph...
by jacksonM
Mon Nov 05, 2018 9:49 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

Yeah, pretty major hammer. Balance would suggest you also quote verses 1-14. And oh yeah, the next chapter puts it all in context which I always find to be useful information. Arguably, the hammer came down as described. Pick one, Assyrians, Babylonians, Romans. Any would likely do for fulfilling t...
by jacksonM
Mon Nov 05, 2018 9:37 am
Forum: Other Discussions
Topic: Figuring Out Religion
Replies: 4052
Views: 1432712

Re: Figuring Out Religion

Yeah, pretty major hammer. Balance would suggest you also quote verses 1-14. And oh yeah, the next chapter puts it all in context which I always find to be useful information. Arguably, the hammer came down as described. Pick one, Assyrians, Babylonians, Romans. Any would likely do for fulfilling t...