Search found 389 matches

by Bean
Sat Oct 11, 2014 11:54 pm
Forum: Bonds
Topic: The Bond Dream Room
Replies: 554
Views: 369982

Re: The Bond Dream Room

Is the next question we start asking going to be are 1% 30 year rates in the cards?
by Bean
Sat Sep 27, 2014 10:09 am
Forum: Other Discussions
Topic: Budgeting & Cash-flow Controls/Strategies
Replies: 19
Views: 8477

Re: Budgeting & Cash-flow Controls/Strategies

Bean, Could you clarify the nature/reason of in/out flows to that savings account with a bit more detail? It sounds like you're pretty good at not over-spending on the credit card.  I'm assuming that is just will-power and not spending limits? Sure :) Inflows: Paychecks Bonus Interest from Mortgage...
by Bean
Fri Sep 26, 2014 3:30 pm
Forum: Gold
Topic: Silver?
Replies: 11
Views: 6417

Re: Silver?

Any suggestions on interesting numismatic silver coins, other than "mint"/"proof" style which are not very interesting. Maybe some historical coin that's largely silver composition, and doesn't cost much more than silver content (maybe 2x silver content value)? Government minted...
by Bean
Fri Sep 26, 2014 3:16 pm
Forum: Permanent Portfolio Discussion
Topic: Strategies for Compulsive Portfolio Checkers
Replies: 30
Views: 17265

Re: Strategies for Compulsive Portfolio Checkers

I have an account that I actively manage.  It seems to keep my attention and urge to tinker away from accounts dedicated to investment strategies that require no tinkering  :P
by Bean
Thu Sep 25, 2014 3:51 pm
Forum: Other Discussions
Topic: Budgeting & Cash-flow Controls/Strategies
Replies: 19
Views: 8477

Re: Budgeting & Cash-flow Controls/Strategies

I keep it very simple. 1) Income goes into a single checking account  2) The checking account is treated like a sinking fund 3) All my expenses that can go on a credit card are charged then paid off monthly 4) All my other expenses that can be automatically drafted are set up accordingly 5) Investme...
by Bean
Wed Sep 24, 2014 9:41 am
Forum: Gold
Topic: Silver?
Replies: 11
Views: 6417

Re: Silver?

All good investments should be able to achieve a few mental hurdles at or before the point of purchase.  My approach to Silver is: Objective: Speculative hedge against what is in my opinion unrestrained currency manipulation. Entry Approach: Dollar cost averaged purchasing to a set number of ounces....
by Bean
Sat Sep 20, 2014 11:25 pm
Forum: Other Discussions
Topic: Favorite camping goods
Replies: 7
Views: 3629

Re: Favorite camping goods

I have spent a lot of my life outdoors so here is my starter advice: Find an REI or equlivent outdoor store: Take classes on 10 essentials and navigation (first piece of gear is your brain) Tent - 3 season tent or 4 if you will camp while it is cold. Use an REI 3 season and get it sized for 1 more t...
by Bean
Wed Aug 06, 2014 8:28 am
Forum: Gold
Topic: Buying Physical Gold
Replies: 11
Views: 8058

Re: Buying Physical Gold

With a (current) 50-1 ratio of silver to gold, 800 oz of silver is 16 oz of gold.  Imagine buying 3-4 gold coins 4 times, and then buying a house with the 16 coins that very comfortably fit in your pocket. This thought process is one of the reasons that folks think any reversion to the historical m...
by Bean
Tue Aug 05, 2014 8:53 pm
Forum: Gold
Topic: Buying Physical Gold
Replies: 11
Views: 8058

Re: Buying Physical Gold

1) How much should I buy?  Let's assume for the sake of discussion I have a 100k portfolio.  If I buy 5% in physical gold that's only 3 or 4 gold coins.  It hardly seems worthwhile.  But let's say at some point my portfolio is 1M.  Then 5% would be 50K which at current prices would be about 40 gold...
by Bean
Sat Jul 12, 2014 7:01 pm
Forum: Permanent Portfolio Discussion
Topic: Terrific Graphic
Replies: 35
Views: 18235

Re: Terrific Graphic

Thanks Tyler, graphs like this stop my itch to tinker.
by Bean
Tue Jul 08, 2014 10:58 pm
Forum: Other Discussions
Topic: Welcome to the Everything Boom, or Maybe the Everything Bubble
Replies: 5
Views: 4363

Re: Welcome to the Everything Boom, or Maybe the Everything Bubble

I knew a German woman who was a child in Germany during the Allied bombing raids.  She said whenever the alerts would sound, her mom would always take her to the basement with three things:  a Bible, an umbrella and a bottle of peach schnaps.  ... Mountaineer I'm down with the Bible and schnapps, b...
by Bean
Wed Jun 18, 2014 11:40 am
Forum: Other Discussions
Topic: PP Crowdsource: What's the Best Major?
Replies: 10
Views: 3333

Re: PP Crowdsource: What's the Best Major?

Like Pointed said, depends on what you mean by best.  Here are my opinions being young and in management (on my efforts, no family network help). Law or Medical: Best per hour Pay Finance (going into I-Banking or Private Equity): Highest earning potential, insane hours Engineering (I would go nano):...
by Bean
Wed May 14, 2014 12:58 pm
Forum: Other Discussions
Topic: Academic study: America is an oligarchy
Replies: 33
Views: 8544

Re: Academic study: America is an oligarchy

I have always thought America is basically a Feudalism state, that is enforced by debt and inflation.  Of course, I also read all sorts of studies that America has the highest mobility between economic classes of any country in the world. Perception doesn't always equal reality, I guess. Where did ...
by Bean
Wed May 14, 2014 11:37 am
Forum: Other Discussions
Topic: Academic study: America is an oligarchy
Replies: 33
Views: 8544

Re: Academic study: America is an oligarchy

I have always thought America is basically a Feudalism state, that is enforced by debt and inflation.  Of course, I also read all sorts of studies that America has the highest mobility between economic classes of any country in the world.

Perception doesn't always equal reality, I guess.
by Bean
Wed May 14, 2014 11:33 am
Forum: Permanent Portfolio Discussion
Topic: Forum Back!
Replies: 11
Views: 5848

Re: Forum Back!

I thought I got banned, till I saw the Crawling Road post  :P
by Bean
Thu May 08, 2014 9:08 pm
Forum: Gold
Topic: Air-Tites on Silver Coins? Worth It?
Replies: 7
Views: 4347

Re: Air-Tites on Silver Coins? Worth It?

Yes.  If you are buying anything more than a bar or round it will provide you with protection on whatever numismatic premium you paid.  Sad part is, most bars and rounds cost have just as much premium as government bullion and no real numismatic value. (Of course I buy those stupid lunar pamp bars a...
by Bean
Tue May 06, 2014 10:18 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18859

Re: Talmud Portfolio

Pointedstick wrote: 1/3 land
1/3 owned business
1/3 permanent portfolio
^ This is what I was thinking and at the end the day will probably be where I settle.  I firmly believe in owning productive land, being an entrepreneur, and the permanent portfolio.  So might as well do all 3.
by Bean
Tue May 06, 2014 9:48 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18859

Re: Talmud Portfolio

Kshartle wrote:
bean have you looked at the Perth Mint?
I will actually be taking a tour of the Perth Mint in about two weeks, but that is a different story.  ;D
by Bean
Mon May 05, 2014 8:27 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18859

Re: Talmud Portfolio

Thanks guys for your thoughts.  A little background into why I am exploring a Talmud portfolio as compared to the PP:  The 25% of the PP in gold, because I am accumulating at a very fast pace, scares me.  It would result in very large gold holdings that introduces risks of storage and large rebalanc...
by Bean
Sun May 04, 2014 10:14 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18859

Talmud Portfolio

“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.”? If you were to follow this old school version of the Permanent Portfolio, what would be your modern investment choices and rebalancing rules? My initial sta...
by Bean
Sun May 04, 2014 1:18 pm
Forum: Gold
Topic: The Gold Conspiracy
Replies: 7
Views: 4450

Re: The Gold Conspiracy

Once upon a time the History Channel used to be pretty good. But in recent years they have taken a decided turn into the world of fringe conspiracy theories. I can only assume the ratings are better. But really, do we need a cable TV version of World Nut Daily? TLC's top show is Honey Boo Boo...The...
by Bean
Sun Mar 09, 2014 2:54 pm
Forum: Other Discussions
Topic: Help me get drunk
Replies: 54
Views: 22849

Re: Help me get drunk

Go back to college, join a frat, enjoy the greatest drinking experience of modern times.

Just thinking about college makes me laugh and wonder how I survived.

To the OP: Honey mead, home brew...it is AMAZING.
by Bean
Sun Mar 02, 2014 8:05 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 160
Views: 108941

Re: Where and how do you purchase physical gold?

Apmex.com has treated me well and I use them almost exclusively now. 
by Bean
Sun Feb 23, 2014 5:58 pm
Forum: Permanent Portfolio Discussion
Topic: PP is in 'buy' mode
Replies: 8
Views: 4183

Re: PP is in 'buy' mode

blackomen wrote: My proprietary model's showing buy for TLT and sell for GLD and SPY..
My proprietary model is what ever is the opposite of reason is  ;D

So VTI up, TLT up, and GLD down
by Bean
Thu Feb 20, 2014 8:31 pm
Forum: Stocks
Topic: Protection against a sharp drop
Replies: 18
Views: 12386

Re: Protection against a sharp drop

Inflation seems to be picking up too. That pricing power can't come about without a corresponding increase in purchasing power. I think, if I had to hazard a guess, that this is where we could disagree. But my personal experience is what informs my opinion. As a small businessman, even if I wanted ...