Search found 865 matches

by ppnewbie
Thu Mar 31, 2022 11:31 pm
Forum: Permanent Portfolio Discussion
Topic: PP is Totally Obsolete!!!
Replies: 62
Views: 25025

Re: PP is Totally Obsolete!!!

Nice to read you again MT! What are recent items of discussion/dispute here? I am surprised no one has mentioned crypto. There has been considerable debate as to whether the gold portion should be split to make space for crypto even if only in proportion to its market size vs. gold's, i.e. a low si...
by ppnewbie
Wed Mar 30, 2022 10:58 pm
Forum: Permanent Portfolio Discussion
Topic: PP is Totally Obsolete!!!
Replies: 62
Views: 25025

Re: PP is Totally Obsolete!!!

Also it’s good to factor in the approximate 7 percent gain in gold (1800ish to 1920ish) and the approximate 50 percent rise in stocks as a counter balance to LTT’s and Cash.
by ppnewbie
Mon Mar 28, 2022 6:50 pm
Forum: Permanent Portfolio Discussion
Topic: Gave up on "pure" Permanent Portfolio in EU
Replies: 10
Views: 2899

Re: Gave up on "pure" Permanent Portfolio in EU

Seemed too good to be true to me. Once I read this review, scratched it off my list: https://wantfi.com/masterworks-review.html " ... If you can get beyond the shady business practices, marketing, founder’s past business activities, fee grab where they act as an art hedge fund, and unique art ...
by ppnewbie
Mon Mar 28, 2022 3:25 pm
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 5889

Re: Gundlach on LTT's today

buddtholomew wrote: Mon Mar 28, 2022 2:34 pm The PP is truly fantastic in how poorly it performs.
If you try and protect yourself from everything, you protect yourself from nothing.
@Seajay - hoping you let this one go.
by ppnewbie
Sun Mar 27, 2022 4:12 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Good questions. I was wondering how he could say “well stocked” and gold catch on Molotov cocktail comment. I’ll ask. Plus it seems a little strange that m-cocktails can stop army. Let’s see what he says. It could have been something in the translation or his English, I was just curious. Molotovs c...
by ppnewbie
Sun Mar 27, 2022 3:09 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

ppnewbie wrote: Sun Mar 27, 2022 3:04 pm
dualstow wrote: Sun Mar 27, 2022 11:04 am interesting. What is AT. Anti-tank?
I’ll check with my friend.
Yep Antitank. NLAW and Javelins
by ppnewbie
Sun Mar 27, 2022 3:07 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Here is a post from a friend who works closely with someone in Ukraine - apologies if it’s offensive. Just thought it would be good to see some unfiltered real time impressions I have felt very close to Ukraine this past month. I work with some IT consultants in Ukraine and my closest contact staye...
by ppnewbie
Sun Mar 27, 2022 3:04 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

dualstow wrote: Sun Mar 27, 2022 11:04 am interesting. What is AT. Anti-tank?
I’ll check with my friend.
by ppnewbie
Sun Mar 27, 2022 10:01 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Here is a post from a friend who works closely with someone in Ukraine - apologies if it’s offensive. Just thought it would be good to see some unfiltered real time impressions I have felt very close to Ukraine this past month. I work with some IT consultants in Ukraine and my closest contact stayed...
by ppnewbie
Sun Mar 27, 2022 9:58 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Thanks for the post foglifter!
by ppnewbie
Sun Mar 27, 2022 1:56 am
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 5889

Re: Gundlach on LTT's today

Can you give an example with numbers using virtual capital please.
by ppnewbie
Fri Mar 25, 2022 6:32 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 28
Views: 5566

Re: Berkshire Hathaway

Don wrote: Fri Mar 25, 2022 6:25 pm Up 40% in a year. I'm happy. I like old, wise managers.
Me too.
by ppnewbie
Fri Mar 25, 2022 4:13 pm
Forum: Variable Portfolio Discussion
Topic: Berkshire Hathaway
Replies: 28
Views: 5566

Re: Berkshire Hathaway

Don wrote: Fri Mar 25, 2022 3:27 pm It's been doing well. Extremely tax efficient in a non-retirement account.
I was actually looking hard at Alleghany a few months ago. It was acquired by Berkshire recently.
by ppnewbie
Fri Mar 25, 2022 3:53 pm
Forum: Gold
Topic: Gold ETFs old and new
Replies: 32
Views: 9543

Re: Gold ETFs old and new

Also, if I ever sold the physical I would have alot of anxiety about selling to a dealer like apmex, mailing it, hoping nothing goes wrong. Do a test run with just a coin or two. It doesn't change the overall odds in the grand scheme of things but it does wonders for removing questions about the pr...
by ppnewbie
Fri Mar 25, 2022 12:57 pm
Forum: Politics
Topic: Hwasong-17 : new music style
Replies: 1
Views: 997

Re: Hwasong-17 : new music style

I was trying to see where the watches they were checking were from.
by ppnewbie
Fri Mar 25, 2022 12:46 pm
Forum: Gold
Topic: Gold ETFs old and new
Replies: 32
Views: 9543

Re: Gold ETFs old and new

Has anyone bought OUNZ? Mentioned by Kevin severall times in this thread. After finally freeing myself from PHYS and all its annoying mail, and other etfs to go fully physical a few years ago, I’m kind of tempted to buy some OUNZ. My sole safe deposit box is kind of heavy. I don’t want to store gol...
by ppnewbie
Fri Mar 25, 2022 12:31 pm
Forum: Permanent Portfolio Discussion
Topic: Gave up on "pure" Permanent Portfolio in EU
Replies: 10
Views: 2899

Re: Gave up on "pure" Permanent Portfolio in EU

Art via masterworks 6% Sounds like a snake oil business, but I guess you have done your due diligence.. I am afraid of investing in such a fancy things, tried some P2P lending platforms (Mintos, Peerberry, Iuvo and Klearlending to be precise) for a while and then exited. Not that I am able to accur...
by ppnewbie
Fri Mar 25, 2022 12:27 pm
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 5889

Re: Gundlach on LTT's today

I heard an interesting take on bond funds vs etf's. If bond mutual fund holders rush for the exits during a crash, the only way they can move into cash is the underlying bonds have to be sold before the investor can sell. When this rush happens, this means funds have to start dumping their bond hold...
by ppnewbie
Fri Mar 25, 2022 12:12 pm
Forum: Bonds
Topic: Gundlach on LTT's today
Replies: 21
Views: 5889

Re: Gundlach on LTT's today

dockinGA wrote: Fri Mar 25, 2022 11:55 am
buddtholomew wrote: Fri Mar 25, 2022 10:10 am Ouch!
Stocks, gold and cash are the order of the day.
It no longer makes sense to me to hold bonds.
Wait, I thought gold sucked?
I propose Bud shorts TLT.
by ppnewbie
Fri Mar 25, 2022 11:35 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

dualstow wrote: Fri Mar 25, 2022 11:23 am Are you being facetious? O0
Nope. Read the thread quickly and thought the was one of the points.
by ppnewbie
Fri Mar 25, 2022 10:24 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Interesting points. The point that really made me think is why didn’t Putin just say he is invading Ukraine in order to assure NATO is unable to expand its military presence to Russias front door.
by ppnewbie
Thu Mar 24, 2022 4:28 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Disclaimer: These are my strongly held opinions. I respect everyone's opinions in this thread! Many people around the world understand the US are cold blooded killers. I have an El Salvadoran friend who is deaf in one hear because of explosives going off near her and she used to have to hide her bro...
by ppnewbie
Thu Mar 24, 2022 11:43 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

I wonder what the odds of an unexpected coup in El Salvador are these days or a sudden change in leadership? https://www.youtube.com/watch?v=_dvPN3Vd6l8 Also I hear there are betting odds on the methods the contracted third party is going to use: Car Accident Accidentally chokes on a chicken wing Pl...
by ppnewbie
Thu Mar 24, 2022 11:35 am
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

If the West bask in a victory and righteousness porn this could be a global end event years down the road. Calling Putin a war criminal is a terrible mistake, IMHO. I believe we have to give a Putin and the Russians a way out, if Putin wants a way out. Russia India Saudi Arabia Iran China Africa - A...
by ppnewbie
Wed Mar 23, 2022 2:07 pm
Forum: Politics
Topic: Putin Invades Ukraine II
Replies: 1173
Views: 1083338

Re: Putin Invades Ukraine II

Russia wants payment for natural gas in Rubles.