Search found 945 matches
- Mon May 20, 2019 5:55 pm
- Forum: Cash
- Topic: Fidelity - SHV BIL or TBILL ladder (auto roll)
- Replies: 21
- Views: 21601
Re: Fidelity - SHV BIL or TBILL ladder (auto roll)
SHV, BIL, or TBILL ladder (or auto roll as I see people calling on it on the forum) or maybe Fidelity short term treasury fund, or vanguard short term treasury fund (I think Fidelity will let me do this). I have the option to choose any of these. IMO, all of these options are perfectly fine. I'd pi...
- Tue Apr 23, 2019 1:54 pm
- Forum: Permanent Portfolio Funds
- Topic: Found Aus PP fund
- Replies: 1
- Views: 12448
Re: Found Aus PP fund
Good find. It's nice to know there is still interest in PP funds among fund sponsors.
- Tue Feb 12, 2019 5:20 pm
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17197
- Sun Jan 20, 2019 1:33 pm
- Forum: Cash
- Topic: How to withdraw cash in retirement?
- Replies: 11
- Views: 16660
Re: How to withdraw cash in retirement?
This is one of these subjects where any thoughtful plan should work fine, so you might as well do whatever you find most comfortable and convenient. An everyday-expense checking account is so small relative to the portfolio that I don't think it matters very much whether it is considered inside the ...
- Fri Jan 11, 2019 7:10 pm
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17197
Re: Gyroscopic Portfolios Is Now Under Construction
Glad you appreciate the site and the suggestions. I view the Golden Butterfly as a 4x25 PP plus a variable portfolio of small-cap value. This is compatible with PP dogma for an investor who wants to tilt toward prosperity. I think the GB is fine and I don't think I'd try to talk someone out of it. I...
- Fri Jan 04, 2019 12:27 am
- Forum: Permanent Portfolio Discussion
- Topic: Gyroscopic Portfolios Is Now Under Construction
- Replies: 24
- Views: 17197
Re: Gyroscopic Portfolios Is Now Under Construction
Thanks for this effort, it's off to a great start. It'd be nice for this site to reprise Craig's tradition of an annual post on the PP's annual returns, with an explanation for why each of the four assets did what it did, and comparison to a couple benchmarks. Another useful resource would be a list...
- Fri Aug 17, 2018 5:49 pm
- Forum: Gold
- Topic: GLDM - 0.18 exp. ratio 'Gold minishares'
- Replies: 33
- Views: 22546
Re: GLDM - 0.18 exp. ratio 'Gold minishares'
GLDM and AAAU are tied with respect to expense ratio, at 0.18%. Does anyone have an argument for why one is better than the other?
- Tue Aug 07, 2018 3:08 pm
- Forum: Gold
- Topic: IAU is now commission-free at Fidelity
- Replies: 16
- Views: 12065
Re: IAU is now commission-free at Fidelity
Wow, between this, FZROX, and the T-bill auto-roll feature, Fidelity is looking like a great broker for PP investors.
- Wed Jul 18, 2018 3:25 pm
- Forum: Permanent Portfolio Discussion
- Topic: Best Allocation: Living off just the interest
- Replies: 30
- Views: 20048
Re: Best Allocation: Living off just the interest
Ha, glad you guys appreciated that.
- Wed Jul 18, 2018 3:15 pm
- Forum: Permanent Portfolio Discussion
- Topic: Which Assets in Roth IRA?
- Replies: 22
- Views: 18671
Re: Which Assets in Roth IRA?
There are two schools of thought, either "one big PP spread among all accounts" or "one separate 4x25 in each account." When I started out I did "one big PP" but later changed to "separate 4x25". Both approaches work fine and have their merits, so I think this...
- Tue Jul 17, 2018 12:08 am
- Forum: Permanent Portfolio Discussion
- Topic: Best Allocation: Living off just the interest
- Replies: 30
- Views: 20048
Re: Best Allocation: Living off just the interest
The question was whether or not a HBPP or GB should theoretically have a different weighting (primarily in its cash component) as it scales due to its underlying principles since a very wealthy person would be at less risk of liquidating lagging assets to make ends meet during a recession. No, acco...
- Tue Feb 13, 2018 12:29 am
- Forum: Permanent Portfolio Discussion
- Topic: Is the PP going to hold up?
- Replies: 114
- Views: 59536
Re: Is the PP going to hold up?
I propose a portfolio which is a traditional permanent portfolio mix with a bitcoin variable portfolio sidecar. Hows: 24% gold 24% cash 24% stocks 24% long term bonds 4% bitcoin Turns out the back testing is amazing. Ill need your help with the name. How about the "Fifth Element Portfolio"...
- Tue May 02, 2017 7:37 pm
- Forum: Permanent Portfolio Discussion
- Topic: Options in 401k when i cannot implement PP
- Replies: 7
- Views: 6509
Re: Options in 401k when i cannot implement PP
The ETF picks look good. I hold IAU for my paper gold.
IMO, 30/70 total stock/total bond is a solid portfolio where the PP is unavailable.
IMO, 30/70 total stock/total bond is a solid portfolio where the PP is unavailable.
- Wed Mar 15, 2017 4:14 pm
- Forum: Permanent Portfolio Discussion
- Topic: Question for original forum members
- Replies: 42
- Views: 31293
Re: Question for original forum members
Member since 2010, just shy of 1000 posts. 1. About what % of your investments are still in the PP, if any? Nearly 100%. DW and I each have a 401k and IRA, and each of the 4 accounts is a separate, conventional 4x25 PP. There is a small legacy retirement account in PRPFX. The only ex-PP assets are o...
- Tue Jan 10, 2017 2:58 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP FORUM STAYING -- details here
- Replies: 38
- Views: 27880
Re: PP FORUM STAYING -- details here
Thanks, Craig, for years of gracious hosting.
And thanks, Xan, for carrying the torch forward.
And thanks, Xan, for carrying the torch forward.
- Tue Jan 10, 2017 2:55 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP Performance for 2016
- Replies: 101
- Views: 65151
Re: PP Performance for 2016
Most of our funds are in plain 4x25 PPs, so those were in the ballpark of the 5.88% Sophie cited. DW also has a PRPFX holding which, I see, was up about 9% in 2016.
No plans to do anything different in 2017; we'll just keep chipping in and rebalancing as needed.
No plans to do anything different in 2017; we'll just keep chipping in and rebalancing as needed.
- Mon Oct 17, 2016 11:24 pm
- Forum: Bonds
- Topic: Any opinions on FZFXX
- Replies: 3
- Views: 4309
Re: Any opinions on FZFXX
As cash vehicles go, FZFXX looks pretty good. It "...normally invests at least 80% of the fund's assets in U.S. Treasury securities and repurchase agreements for those securities" and 80% T-bills is a pretty good proportion. It's hard to find much better. The expense ratio is high but not ...
- Mon Oct 17, 2016 11:17 pm
- Forum: Permanent Portfolio Discussion
- Topic: HB audios still available somewhere (else)?
- Replies: 3
- Views: 3107
Re: HB audios still available somewhere (else)?
Also, a little birdie told me that there used to be torrents for these.
- Sun Sep 18, 2016 1:39 am
- Forum: Permanent Portfolio Discussion
- Topic: What would the PP look like without fiat currency and central banks?
- Replies: 19
- Views: 12171
Re: What would the PP look like without fiat currency and central banks?
Back on topic, if gold and cash were interchangeable then 25x4 is equivalent to 50% cash, 25% long term bonds, 25% stocks. Note that the total bond market is mostly short term bonds. So the 50/25/25 allocation is very similar to a 75% total bond market, 25% total stock market portfolio. In other wor...
- Fri Aug 05, 2016 1:27 am
- Forum: Permanent Portfolio Discussion
- Topic: 401(k) Rollover
- Replies: 11
- Views: 8582
Re: 401(k) Rollover
I prefer to rollover into an IRA instead of the new employer's 401k. With an IRA you can choose the broker, and change brokers at a whim, so you will always have a PP-friendly custodian. Even 401k's with a brokerage window tend to gave a few "gotchas" that cause headaches. For example mine...
- Fri Aug 05, 2016 1:18 am
- Forum: Permanent Portfolio Funds
- Topic: PRPFX article on MarketWatch
- Replies: 5
- Views: 21178
Re: PRPFX article on MarketWatch
The short take on PRPFX: it's a convenient, legitimate one-fund PP; expense ratio is quite high; the asset allocation is not 4x25, but is in the same ballpark; it does not always track the 4x25, but that's well explained by the asset allocation differences; returns and volatility are pretty close to...
- Fri Jul 22, 2016 12:12 am
- Forum: Permanent Portfolio Discussion
- Topic: Things about the PP that do not make sense to me
- Replies: 36
- Views: 20144
Re: Things about the PP that do not make sense to me
I believe the Cash FAQ sticky thread on this forum has essentially the same contents as the Crawling Road blog post:
http://www.gyroscopicinvesting.com/foru ... p?f=4&t=17
http://www.gyroscopicinvesting.com/foru ... p?f=4&t=17
- Wed Jul 20, 2016 1:44 pm
- Forum: Permanent Portfolio Discussion
- Topic: Things about the PP that do not make sense to me
- Replies: 36
- Views: 20144
Re: Things about the PP that do not make sense to me
The cash component: - Retains value during tight-money recessions, so that you can "buy low" on stocks, or even consumer purchases such as real estate and cars. - Prevents you from "selling low" on other assets when you withdraw from the portfolio (as Sophie has analyzed). - Perf...
- Thu Jul 14, 2016 1:03 pm
- Forum: Permanent Portfolio Discussion
- Topic: Scott Burns' Co on the PP
- Replies: 56
- Views: 30746
Re: Scott Burns' Co on the PP
The only wrinkle is that the age in bonds portfolio will get a bit of a head start through the young professional's retirement program. Not much of one though. True. What is the "default" advice for a young professional starting a PP from scratch? Browne said to maximize tax efficiency, b...
- Wed Jul 13, 2016 8:01 pm
- Forum: Permanent Portfolio Discussion
- Topic: Scott Burns' Co on the PP
- Replies: 56
- Views: 30746
Re: Scott Burns' Co on the PP
The comparison of the 60/40 returns to the 25x4 PP indeed isn't fair, because the owner of the 60/40 needs to hold cash. How much isn't clear, but most would recommend a sizeable enough chunk that it's a significant fraction of the stock/bond portfolio. Hear, hear. The time spent accumulating the c...