Search found 115 matches

by Matthew19
Fri Feb 04, 2022 10:49 am
Forum: Permanent Portfolio Discussion
Topic: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid SORR?
Replies: 33
Views: 7238

Re: Retiring in scary environment of 2022: Invest 100% of capital into PP now, or hold cash and deploy slowly to avoid S

I tip toed in back in 2016 I think. Bought about 50% portfolio and waited 6 months to buy another 50%. Cost me about 50k in missed gains at the time but it was the only emotionally viable option. The PP is an emotional commitment, sometimes that means letting the façade of control slowly slip away v...
by Matthew19
Mon Nov 29, 2021 12:36 pm
Forum: Permanent Portfolio Discussion
Topic: Dip Buying the PP
Replies: 5
Views: 1766

Re: Dip Buying the PP

Maybe set your rebalance bands tighter so you are rebalancing more often, and not necessarily when you emotionally think it's a good time is my suggestion. Like today...stocks look like a good buy, but you never know. There's a whole weekend for this new variant news to get potentially worse. Perso...
by Matthew19
Tue Oct 19, 2021 6:02 pm
Forum: Permanent Portfolio Discussion
Topic: Another phase completed!
Replies: 17
Views: 7861

Re: Another phase completed!

At some point this grand Permanent Portfolio thinking process will be over and I can then move my thinking focus elsewhere. Vinny I did the same thing - 4 months of study. several Evernote pages filled with notes. The PP is simple to implement but takes a while to accept and grasp. once you do ther...
by Matthew19
Sun Oct 10, 2021 4:50 pm
Forum: Permanent Portfolio Discussion
Topic: PP musings
Replies: 10
Views: 3405

Re: PP musings

30% cash in a near zero interest rate environment and stated inflation running at over 4% ?? Cash is kind of like an option on future assets, and one has to pay a premium for options. Yeah but with no end in sight to low rates, I have a hard time putting any money into something that is guaranteed ...
by Matthew19
Fri Aug 20, 2021 3:27 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111249

Re: BTC in the PP

I agree that BTC will inflate less than USD. But time value is based on preferences, and that would depend on the interest rate and expectations of the price vs other currencies or investment options. There are plenty of people who would like to be short BTC right now because they think it’s overval...
by Matthew19
Fri Aug 20, 2021 2:00 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111249

Re: BTC in the PP

As for BTC in the PP, I think it could be seen as part of a VP in the same way that Tyler views the golden butterfly as a PP with a small cap value VP added to it. The reason is to capture those fleeing dollars for safety from inflation. You can’t argue that BTC doesn’t siphon off that inflation hed...
by Matthew19
Fri Aug 20, 2021 1:52 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 230
Views: 111249

Re: BTC in the PP

Time value of money is a fiat concept. It does not exist as a law of nature….only in a fiat economy. In all honesty I’m not against the fiat economy….to me, hold debt in fiat and wealth in BTC. It’s the perfect recipe! Time value of money is a human fact and has nothing to do with fiat, its directl...
by Matthew19
Wed Jul 14, 2021 8:17 am
Forum: Permanent Portfolio Discussion
Topic: HB spotted on 4chan
Replies: 4
Views: 2174

Re: HB spotted on 4chan

https://i.imgur.com/9PXJuPh.jpeg Also, Doug Casey mentioned HB in a discussion with Rick Rule this week: https://www.youtube.com/watch?v=pMO603IAmN8&t=1235s I first heard about the PP from Rick Rule. It was a live interview and someone asked his thoughts. He said he liked it and I instantly researc...
by Matthew19
Sun Jun 20, 2021 10:49 am
Forum: Permanent Portfolio Discussion
Topic: Guess which asset class has performed best during the past month?
Replies: 10
Views: 4068

Re: Guess which asset class has performed best during the past month?

pp4me wrote:
Fri Jun 18, 2021 4:04 pm
I think that was around 20 years ago
Exactly. Best Laid Investments book by Harry says the same thing. Nobody knows!
by Matthew19
Wed Apr 28, 2021 10:04 am
Forum: Permanent Portfolio Discussion
Topic: Institutional diversification (Fidelity worries)
Replies: 22
Views: 6342

Institutional diversification (Fidelity worries)

I just Inherited an IRA. Fidelity is where the transfer took place, and I’ve had 3 attempts at talking with someone in their ira tax department with no success. Wait times for anyone with knowledge are huge. My concern isn’t the customer service, but that it’s a symptom of poor health fir the compan...
by Matthew19
Wed Mar 03, 2021 1:56 pm
Forum: Permanent Portfolio Discussion
Topic: Bitcoin as a complement or alternative to gold in the PP
Replies: 178
Views: 54989

Re: Bitcoin as a complement or alternative to gold in the PP

bitcoininthevp wrote:
Mon Mar 01, 2021 12:39 pm
Here is a nice bitcoin log price chart to match up with the previous one.
Dude, you're a gem. Keep going.

The market is speaking, and it's saying Bitcoin.
by Matthew19
Tue Jan 26, 2021 11:02 pm
Forum: Permanent Portfolio Discussion
Topic: Adding new funds - advanced
Replies: 7
Views: 2917

Adding new funds - advanced

I remember some back testing suggesting that adding funds equally in dollars rather than to the lagging asset first seemed to have better returns.

I would have hit a rebalancing band in March/April lows had I been doing that.

Is this an ok approach, and can anyone point me to the proof?
by Matthew19
Thu Dec 17, 2020 11:52 pm
Forum: Other Discussions
Topic: Bitcoin - they coming for you
Replies: 43
Views: 9063

Re: Bitcoin - they coming for you

he fact that there are so many competing cryptos and barrier to entry is so low makes it all the more confusing. Bitcoin is open source, you could personally clone it and launch a new version tomorrow. What you're missing is the value of network effect. The users add to the value, which brings in m...
by Matthew19
Sun Dec 13, 2020 10:19 pm
Forum: Permanent Portfolio Discussion
Topic: PP* Portfolio
Replies: 12
Views: 3859

Re: PP* Portfolio

Can this be back tested?
by Matthew19
Fri Dec 11, 2020 12:13 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 3088

Re: Talk on the PP

This boob had to look to Wikipedia for what the PP actually is, meaning he doesn’t understand it and can’t have a properly formed opinion. Here’s the thing, the PP is based on principles yet financial advisors invest based on circumstance. A circumstance-based investor can’t comprehend a principle b...
by Matthew19
Tue Dec 08, 2020 11:19 pm
Forum: Permanent Portfolio Discussion
Topic: Talk on the PP
Replies: 9
Views: 3088

Re: Talk on the PP

Time stamp would be helpful. Can’t sift through 1hr video for a quick mention
by Matthew19
Fri Sep 11, 2020 11:21 am
Forum: Permanent Portfolio Discussion
Topic: Bonds and the PP -- still make sense?
Replies: 59
Views: 13733

Re: Bonds and the PP -- still make sense?

I hate LTT, but you’ve gotta go all in on the PP for it to work.

What I’ve done is to take the other side, creating a variable portfolio with some extra silver/gold in it. The PP is untouched.
by Matthew19
Fri Jul 03, 2020 10:53 am
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 3489

Re: Funds or etfs for Stocks

One other factor you might want to consider is that your settlement period will probably different as well. For example, let's say there is a sudden major market correction and you need to re-balance some assets. The recent lock-downs are a perfect example when the market was swishing +/- 10% daily...
by Matthew19
Thu Jul 02, 2020 11:03 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 3489

Re: Funds or etfs for Stocks

Smith1776 wrote:
Thu Jul 02, 2020 5:25 pm
For the disciplined buy and hold investor that is not tempted to trade ETFs, the ETF structure can be modestly less costly.
Well, crap. Is this like a sell your mutual funds for etfs thing or just only buy etfs from here out? The capital gains would be crazy for me.
by Matthew19
Thu Jul 02, 2020 4:22 pm
Forum: Permanent Portfolio Discussion
Topic: Funds or etfs for Stocks
Replies: 8
Views: 3489

Funds or etfs for Stocks

I’ve had Fskax in a taxable at fidelity for years. I’m just hearing about better tax management for ETF. I don’t understand, I thought owning the fund directly was the preferred method?
by Matthew19
Mon Jun 15, 2020 11:28 pm
Forum: Permanent Portfolio Discussion
Topic: Asset Allocation in the Most Painful Month
Replies: 31
Views: 14177

Re: Asset Allocation in the Most Painful Month

And how's this for interesting timing? Your post arrived in my in box just a few hours after this one from Chris Mamula over at "Can I Retire Yet?" about his process of looking into adding gold to his portfolio. Porfolio Charts is prominently mentioned in the article and you'll note that a couple o...
by Matthew19
Thu Apr 30, 2020 2:01 pm
Forum: Permanent Portfolio Discussion
Topic: Would you start a PP for a 6 year old?
Replies: 11
Views: 4505

Would you start a PP for a 6 year old?

I've got two kids, 5 and 6. I want to start an investment count for each of them. Obviously the PP is conservative, but as they grow it will teach them all of the benefits of predictable returns with low volatility. Seeing how they may use this money to start a business when they are 15, wouldn't in...
by Matthew19
Mon Mar 23, 2020 8:16 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 7765

Re: Who's had to rebalance?

sophie wrote:
Mon Mar 23, 2020 3:43 pm
I'm very close to crossing bands both on the low side (small caps) and high side (bonds). Still not quite ready to pull the trigger though. Just naturally hesitant about any big financial moves.
You're all GB right?
by Matthew19
Mon Mar 23, 2020 2:21 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 7765

Re: Who's had to rebalance?

I've been looking to transfer from PP to GB for a while now. It may be time to start that process while rebalancing.
by Matthew19
Mon Mar 23, 2020 1:40 pm
Forum: Permanent Portfolio Discussion
Topic: Who's had to rebalance?
Replies: 18
Views: 7765

Who's had to rebalance?

I'm getting close on the stock side. about 17% right now. Anyone hit a band yet?