Search found 3353 matches

by ochotona
Mon Nov 27, 2023 6:26 am
Forum: Gold
Topic: Why the big move in gold?
Replies: 28
Views: 56950

Re: Why the big move in gold?

Monthly ATH in gold was $2009, it's now $2013... Let's see if it does its usual faceplant by the close on November 30 !
by ochotona
Tue Nov 21, 2023 12:16 pm
Forum: Politics
Topic: Javier Milei, Argentina, wants to Dollarize their economy?
Replies: 6
Views: 6896

Re: Javier Milei, Argentina, wants to Dollarize their economy?

It's ironic given that Argentina means "silvery" or "silver-colored". If they pursued their namesake, they'd peg the Argentine dollar to Argentum (AG). That's a pipe dream, isn't it?
by ochotona
Tue Nov 21, 2023 10:47 am
Forum: Gold
Topic: Gold peg
Replies: 13
Views: 17298

Re: Gold peg

boglerdude wrote:
Tue Aug 15, 2023 6:45 pm
I dunno why they dont raise taxes or cut spending
Our government is captured by special interests who want short term bennies and who don't care about the LT survivability of the United States.
by ochotona
Mon Nov 20, 2023 8:06 am
Forum: Politics
Topic: Javier Milei, Argentina, wants to Dollarize their economy?
Replies: 6
Views: 6896

Javier Milei, Argentina, wants to Dollarize their economy?

How is that going to happen? Which of the three will he be willing to sacrifice? I think he'll try to keep all three, and it will be a failure. Wasn't the problem with Greece that they took out loans which they then had to pay back with real money (Euros) and not monopoly money (Drachma)? Had they s...
by ochotona
Sun Nov 05, 2023 1:11 pm
Forum: Gold
Topic: High cost gold depositories are you giving your gold away
Replies: 13
Views: 14969

Re: High cost gold depositories are you giving your gold away

What I discovered: USPS Registered Mail up to $250,000 per shipment available coverage FedEx Express First Overnight between the two Express Stations from origin to destination (but it's not insured, so it's a bit of a Hail Mary --- tranche it?) UPS Supply Chain Solutions Constant Surveillance Servi...
by ochotona
Sun Nov 05, 2023 1:02 pm
Forum: Gold
Topic: High cost gold depositories are you giving your gold away
Replies: 13
Views: 14969

Re: High cost gold depositories are you giving your gold away

Smith1776 wrote:
Sat Nov 04, 2023 3:29 pm
Bitcoin is likely a superior option as a self-custody asset for such a scenario.
I'm not disputing that, however, I have the gold already. I don't want taxable events.
by ochotona
Sat Nov 04, 2023 12:02 pm
Forum: Gold
Topic: High cost gold depositories are you giving your gold away
Replies: 13
Views: 14969

Re: High cost gold depositories are you giving your gold away

The real issue I suppose is how does an old person get gold across the country from one safe deposit box to another if relocating to be closer to kids and possibly going into assisted living? That elder isn't going to drive... I don't think they want to take, say, 60 oz of gold through TSA checkpoin...
by ochotona
Sat Nov 04, 2023 11:55 am
Forum: Cash
Topic: I-Bond fixed rate rises to 1.3%, highest in more than 16 years
Replies: 24
Views: 32194

Re: I-Bond fixed rate rises to 1.3%, highest in more than 16 years

Why not wait until Dave Enna's mid-April opinion about I-Bond rates? They might go up.
by ochotona
Sat Nov 04, 2023 7:57 am
Forum: Cash
Topic: Selling “cash” SCHO
Replies: 4
Views: 4401

Re: Selling “cash” SCHO

ppnewbie wrote:
Fri Nov 03, 2023 9:07 pm
Non taxable
If it's a non-taxable account, then which lot you sell is immaterial. Sell what you like, don't worry about it.
by ochotona
Sat Nov 04, 2023 7:55 am
Forum: Bonds
Topic: TLT cracks $90
Replies: 43
Views: 69055

Re: TLT cracks $90

Is the TLT & IEF beating over ???
by ochotona
Sat Nov 04, 2023 7:55 am
Forum: Gold
Topic: High cost gold depositories are you giving your gold away
Replies: 13
Views: 14969

Re: High cost gold depositories are you giving your gold away

vnatale wrote:
Thu Nov 02, 2023 7:53 pm

No reason it should be any different.

0.5% is the same no matter who is taking it for what reason.
Never let the tax tail wag the investment dog...
by ochotona
Thu Nov 02, 2023 5:38 pm
Forum: Gold
Topic: High cost gold depositories are you giving your gold away
Replies: 13
Views: 14969

High cost gold depositories are you giving your gold away

I was considering using a depository to shield my gold from taxable events while keeping it safe in my old age and cognitive decline. The one in question charges 0.5% per annum. I did a present value analysis of the fees over time, even just assuming gold only grows with inflation, the fee harvests ...
by ochotona
Wed Nov 01, 2023 9:04 am
Forum: Cash
Topic: I-Bond fixed rate rises to 1.3%, highest in more than 16 years
Replies: 24
Views: 32194

Re: I-Bond fixed rate rises to 1.3%, highest in more than 16 years

foglifter wrote:
Tue Oct 31, 2023 7:19 pm
I already bought my 2023 quota in April... if only I knew! :(
Sadly, I spent my $10,000 already for 2023. I think April - May is time to buy... the Fed dot plots, if you believe them, show an easing into late 2024. But... we're probably going to be humiliated nonetheless.
by ochotona
Tue Oct 31, 2023 3:47 pm
Forum: Cash
Topic: I-Bond fixed rate rises to 1.3%, highest in more than 16 years
Replies: 24
Views: 32194

Re: I-Bond fixed rate rises to 1.3%, highest in more than 16 years

I'm going to wait until mid- or late-April to make a decision.
by ochotona
Tue Oct 31, 2023 2:44 pm
Forum: Gold
Topic: Why the big move in gold?
Replies: 28
Views: 56950

Re: Why the big move in gold?

Did gold hit an ATH on a monthly basis? If so, that's important.

PS - I think it came close but didn't hit it.
by ochotona
Thu Oct 19, 2023 9:21 am
Forum: Stocks
Topic: Small Cap Value seems cheap at the moment
Replies: 23
Views: 25860

Re: Small Cap Value seems cheap at the moment

Maybe the point now is to get into microcap value which is basically not tradeable for the big ETF makers. Things like the AAII Shadow Stock Portfolio, where you buy and mostly hold 30 microcap stocks. There is some turnover every quarter, but it's like 2-3 per quarter. So 8-12 per year... 1/4 to 1/...
by ochotona
Thu Oct 19, 2023 9:13 am
Forum: Gold
Topic: I Thought Gold Would Fare Better in 2022-23
Replies: 63
Views: 100224

Re: I Thought Gold Would Fare Better in 2022-23

Since July 31, 2021, gold is -2% and TLT is -47%. That's a really good argument for having gold. And now, gold is starting to buck the ten year real yield. There is scant argument to be made for a 90 y.o. person to hold stocks, but in addition to bonds I bought GLDM for my Mom, and looking back, I a...
by ochotona
Tue Oct 17, 2023 2:34 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 350362

Re: Golden Butterfly Portfolio

That's a portfolio for you. Something always is bad, sometimes for a long time. The alternative is what?
by ochotona
Tue Oct 17, 2023 9:58 am
Forum: Bonds
Topic: Long Treasuries Top Bond Market Returns This Year
Replies: 7
Views: 5866

Re: Long Treasuries Top Bond Market Returns This Year

I'm going to buy 30 year bonds when I turn 65 and forget about them and resolve to be happy with the coupon for the rest of my life. No more TLT. Just the bonds.
by ochotona
Tue Oct 17, 2023 9:56 am
Forum: Gold
Topic: I Thought Gold Would Fare Better in 2022-23
Replies: 63
Views: 100224

Re: I Thought Gold Would Fare Better in 2022-23

I realize now that all of the conventional inflation narratives around gold are BS. "Gold responds to inflation" - August 2020 until now really disproves that.
by ochotona
Tue Oct 17, 2023 9:47 am
Forum: Gold
Topic: Why the big move in gold?
Replies: 28
Views: 56950

Re: Why the big move in gold?

I have my $1300 gold, 10% of portfolio, but OMFG too many miners bought in 2020. I should have stuck with 100% bullion. Damn miners. But I'm holding. I'll sell them in a few years if they don't pop.

"Gold miners are where capital goes to die"
by ochotona
Tue Oct 17, 2023 9:46 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 350362

Re: Golden Butterfly Portfolio

Did anyone go to this session? I could not, but the author posted an article in the AAII Newsletter, plain text excerpt below. It backs up the Golden Butterfly results. There was much more written. Here is the entire journal for that month from my Google Drive . ------------------------------------...
by ochotona
Tue Oct 17, 2023 9:40 am
Forum: Stocks
Topic: Small Cap Value seems cheap at the moment
Replies: 23
Views: 25860

Re: Small Cap Value seems cheap at the moment

ppnewbie wrote:
Sun Oct 15, 2023 9:33 pm
I have VBR in my portfolio but would add a different ETF if I find something better.
I'm considering Advantis AVUV.
by ochotona
Mon Sep 25, 2023 12:38 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 539
Views: 350362

Re: Golden Butterfly Portfolio

This AAII NYC Event may be of interest to those who want to learn more about Small Cap Value. Hello, The AAII NYC chapter cordially invites you to attend a special two-part mega-event featuring two of our most popular speakers, Paul Merriman and Chris Pedersen. Date: Wednesday, October 11 Time: 6:30...