So the "congressional crazies" abjectly surrendered yet again by kicking the can down the road re our soon-to-be unpayable debt load. Most people focus on the budget deficit, but few are aware of the true danger posed by our criminally ignored, and ever growing, mountain of unfunded liabil...

Wow, may be time to tender in my 0% fixed rate I-Bonds!!! I feel so rich. If and when interest rates go up 2-3% or more, as they have in the past and inevitably will again in the uncertain future, you might regret cashing in those I-bonds. For a good reason, Harry Browne recommended placing our cas...

Today is shaping up to be the WORST day I can ever remember for the PP. 

It's a good thing I believe in focusing on long-term results, but still... 

If you want to cheat and look at the price: http://fortune.com/2015/09/25/san-francisco-cheapest-home/ http://www.zillow.com/homedetails/16-De-Long-St-San-Francisco-CA-94112/15195901_zpid/ (Note: found this house from the picture through coping the location of the picture, and then putting it into ...

Hi SarahG: Welcome to the forum! As for a place to store cash, you might try looking into I-Bonds. They are guaranteed to keep pace with inflation for 30 tax-deferred years, when they mature. This may not sound like a big advantage now when interest rates are at a record low, but more than a few of ...

I, for one, am thankful to the "congressional crazies" for again drawing attention to our ever-spiraling debt and approaching national bankruptcy, before it is too late. Many other developed nations are in the same boat, and they also need a contingent of congressional (and parliamentary) ...

Gold has always been a store of wealth, and it is a good bet that it always will be, unlike various fiat currencies, stock certificates, bonds and other "paper promises," all of which, at various times, have been worth zilch. Store of Wealth != Money.  Store of Wealth == Asset. Which mone...

mathjak107 wrote:

tom asked me to post the portfolio i use and the changes as i make them . it wasn't about anything else .

MJ, out of curiosity, how did you respond to the market crashes of 2000-02 and 2008?

not all of us are willing to bet so heavy that the sky is falling . But MJ, doesn't your frequent adoption and rapid abandonment of various investment schemes contradict this statement? Many of us would welcome a statement from you as to your changes in investment philosophy over time, since you fi...

I don't really want to quibble, but gold has a rather small history of being used as money in all history compared to the alternatives.  But we have never gone back to any of those forms of money once used -- and why should we?  We always evolve: smarter, faster, better. Just like Homer Simpson, th...

the version as it stands now : 09/27 was last update  since it uses  managed funds . it will be lower after today of course . fidelity contra .  15% up 1.38% ytd fidelity blue chip growth FBGRX 15%  up .70% ytd -vanguard total market index vti 10%  minus  - 4.69 ytd vanguard extended market index v...

Hi Mathjak:

I am curious as to how many investing philosophies you have adopted over your investing lifetime, and why you decided to dump each one for another.

And why did you adopt the PP, however brief this period may have been?

Thank you.

With history as a guide , which pp'rs are big on ,if you call gold ,insurance and not an investment , it seems silly looking at the last 40 years ,to pay as much to buy an asset like ownership in the 500 largest company's as you would to buy insurance to protect those assets. MJ, Harry Browne based...

If you can't trust a Russian banker, who can you trust? 

http://www.zerohedge.com/news/2015-09-1 ... ve-capital

Buy low and sell high has lost more money for investors than any other mantra.... On the other hand buy high and sell higher has made more money than anything else. Well, MJ, you will have a great future in your new career endorsing whichever brand of crystal ball you use to come up with your lates...

mathjak107 wrote:
i only have 1 rule when it comes to investing

"stay flexible and nudge the portfolio like steering a big ship to keep it on course.

    Hmmmm.... Sounds like "sell at the bottom and buy at the top" to me. Nothing new here, Mathjak.

I am against censorship, so I believe Mathjak has a right to post here. Besides, every philosophy or investment strategy needs skeptics, critics and a Devil's Advocate to challenge common conclusions or assumptions. If you don't like his postings, no one is required to read them. But this doesn't me...

Here we go again, students... Are we all taking notes and listening to what Uncle Goodasgold has to say? How confident can we be that the physical gold we store in a depository will actually be there if and when we show up and demand it? Dr. Bill Bernstein, in his classic (and largely favorable) cri...

Though this place might seem appropriate given the sentiment of more than a few here, I would recommend a different venue. Good one!!  But I hope the next PP gathering will be just slightly more upbeat than that. This weekend actually isn't a terrible idea for those of us who aren't going to be out...

In the current (very turbulent) investing environment, now may be a good time for PPers in the New York City area to get together and compare notes.

Is anyone interested in getting together, perhaps this weekend? If so, what are a good day and time to do so? And how about a place to meet?

My advice is: hang in there, guys. "This too shall pass." I happily reaped the rewards during my working years, when I had an orthodox Boglehead portfolio. I am retired now and look upon the PP as the best defensive portfolio in existence. May I remind all of you that there have been earli...

I hope we are a bit wiser than this guy!... The victim said Martinez knew he collected gold and silver and had been inside his house on many occasions to do odd jobs and care for his dog. The man said Martinez also knew he kept one of his doors unlocked. ------------------------- Likely not in a sa...

Some of you have expressed irritation at well-meaning Uncle Goodasgold, who keeps posting a plethora of articles about thefts from "secure" home hiding places and uninsured safe deposit boxes: http://www.washingtonpost.com/local/crime/man-charged-in-theft-of-roughly-2-million-in-gold-and-s...

Why didn't you decide to invest in a short term gilt fund rather than keeping cash? Does anyone know of any good short term gilt funds that I can trade within an ISA? Thanks [/quote] Banker22, you may want to ask this question on the Bogleheads list. They have some sharp people over there regarding...

Actually there already *are* places for a lot of homeless people to live in NY City.

A couple of days ago the NY Times had an article on formerly low-income people who, despite the fact that they now earn middle class salaries, refuse to leave their subsidized, city-owned housing units.