Search found 1675 matches

by murphy_p_t
Thu Dec 08, 2011 11:25 pm
Forum: Permanent Portfolio Discussion
Topic: Geographic Diversification - Q and A Thread
Replies: 77
Views: 31789

Re: Geographic Diversification - Q and A Thread

https://secure.sovereignman.com/lifeboat/

I'm curious if anyone has purchased any materials like that from this link (or similar) & what your comments are.
by murphy_p_t
Thu Dec 08, 2011 11:22 pm
Forum: Permanent Portfolio Discussion
Topic: Geographic Diversification - Q and A Thread
Replies: 77
Views: 31789

Re: Geographic Diversification - Q and A Thread

I wouldn't want to send more than half of my gold overseas, and at a $500k PP, that's only about $60k of gold you can send overseas. what is the basis of 50% overseas being max? Part of the reason I ask is that gold seems to be the lowest cost way to get international diversification (thru likes of...
by murphy_p_t
Thu Dec 08, 2011 10:39 pm
Forum: Variable Portfolio Discussion
Topic: Very slow growth 2012 then long bear to 2020: Is it time to buy bonds?
Replies: 10
Views: 4394

Re: Very slow growth 2012 then long bear to 2020: Is it time to buy bonds?

that's the impression i get just from the tone of his writing. Plus, I recall that he seems very partisan in his commentary. To borrow a phrase, he likes (creating) poor people.
by murphy_p_t
Thu Dec 08, 2011 4:05 pm
Forum: Variable Portfolio Discussion
Topic: Very slow growth 2012 then long bear to 2020: Is it time to buy bonds?
Replies: 10
Views: 4394

Re: Very slow growth 2012 then long bear to 2020: Is it time to buy bonds?

the original post is from Paul Ferrell. What is his track record in making predictions?
by murphy_p_t
Thu Dec 08, 2011 12:35 am
Forum: Gold
Topic: Safety of Safe Deposit Boxes
Replies: 36
Views: 18994

Re: Safety of Safe Deposit Boxes

was reading an old (early 70s) HB book today. He was very specific that the safe deposit box should not be part of a bank. He also was predicting the closing of the gold window & warned against buying gold in futures market (think MF Global). I don't find much when I do an online (Startpage.com)...
by murphy_p_t
Thu Dec 08, 2011 12:00 am
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37556

Re: Do we need more protection than just the PP?

Lately, I've been thinking that a solution to this concern is to hold a complete PP in another currency. Ideally, I would hold this outside my country of residence, for purposes of increased geographic diversification. One reason I'd like to do this sooner than later is the pending FATCA 30% withho...
by murphy_p_t
Wed Dec 07, 2011 11:57 pm
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37556

Re: Do we need more protection than just the PP?

Holding the major foreign currencies is a zero-sum game.  In the long-term, they all return the same purchasing power, so theres no net effect of buying or selling one currency over another unless you plan on trend following in the shorter term. But, it does not make sense to not hold the currency ...
by murphy_p_t
Wed Dec 07, 2011 3:04 am
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37556

Re: Do we need more protection than just the PP?

What's the opinion on VEU TLT ISHG GLD ? VEU chart looks almost just like VTI...I don't know what the implication is during a "currency event"...do global stock markets crash in tandem? In 2008, the Euro was much stronger vs US$...I dont' see any reflection of that when I compare these ET...
by murphy_p_t
Wed Dec 07, 2011 2:42 am
Forum: Permanent Portfolio Discussion
Topic: Do we need more protection than just the PP?
Replies: 94
Views: 37556

Re: Do we need more protection than just the PP?

A few points: 1. The PP worked fine in Iceland. 2. Stocks aren't necessarily "rocked" in high inflation. 3. If runaway inflation is affecting the dollar, it may very well be affecting a lot or all other currencies too. 4. I don't feel like searching for something better than the HBPP. Why...
by murphy_p_t
Mon Dec 05, 2011 7:50 pm
Forum: Stocks
Topic: Stock allocation for a person with no "home" country?
Replies: 4
Views: 4194

Re: Stock allocation for a person with no "home" country?

Yuna,

Have you found a satisfactory solution? Or specifically ruled out anything you were considering? (I saw you had similar posts in cash & bond section also)

Also, what broker do you find useful, in particular if you are a US citizen?
by murphy_p_t
Mon Dec 05, 2011 5:42 pm
Forum: Permanent Portfolio Discussion
Topic: Davy stockbrokers, Ireland
Replies: 2
Views: 1389

Re: Davy stockbrokers, Ireland

Clive,
have you looked into TD Internaxx based in Lux? TD Ireland won't accept a US resident.
by murphy_p_t
Fri Dec 02, 2011 4:41 pm
Forum: Permanent Portfolio Discussion
Topic: Davy stockbrokers, Ireland
Replies: 2
Views: 1389

Re: Davy stockbrokers, Ireland

my concern w/ TD would be that they have a large US footprint...so would I really be getting geographic diversification (protection from uncle sam)?

is this a valid concern?
by murphy_p_t
Fri Dec 02, 2011 3:12 pm
Forum: Permanent Portfolio Discussion
Topic: Davy stockbrokers, Ireland
Replies: 2
Views: 1389

Davy stockbrokers, Ireland

I'm looking for feedback on Davy...costs seems very high.

What else?
by murphy_p_t
Fri Dec 02, 2011 3:10 pm
Forum: Permanent Portfolio Discussion
Topic: geographic diversification / overseas brokerage / swissquote.ch
Replies: 4
Views: 2835

Re: geographic diversification / overseas brokerage / swissquote.ch

swissquote is not accepting US residents at this time.

I'm looking for other options.
by murphy_p_t
Thu Dec 01, 2011 6:08 pm
Forum: Permanent Portfolio Discussion
Topic: Geographic Diversification - Q and A Thread
Replies: 77
Views: 31789

Re: Geographic Diversification - Q and A Thread

3) Physical gold and a financial product that stores the asset outside the country. This could be physical with a fund like CEF that stores assets in Canada. Or maybe an ETF like SGOL that stores it in Switzerland. Plus is you have some diversification against natural or manmade disasters in the US...
by murphy_p_t
Thu Dec 01, 2011 5:49 pm
Forum: Stocks
Topic: HSA space as part of PP? Looking @ Dreyfus s&p 500 index mutual fund
Replies: 4
Views: 3832

Re: HSA space as part of PP? Looking @ Dreyfus s&p 500 index mutual fund

well, learning about the HSA market: -my credit union doesn't offer any investment options, just cash holding -my local bank, as mentioned, offers Dreyfus index fund...btw, my local bank is rated D+ by Weiss Research -5/3rd Bank offers HSA with Vanguard index fund option...Weiss ranks 5/3 slightly b...
by murphy_p_t
Thu Dec 01, 2011 5:43 pm
Forum: Gold
Topic: High gold price, with low inflation?
Replies: 16
Views: 6036

Re: High gold price, with low inflation?

its helpful to define inflation. If you define it as increase in the money supply, we've already had lots of inflation...gold price may just be reacting to that inflation of the money which supply which has occurred thru actions by the Fed.
by murphy_p_t
Thu Dec 01, 2011 12:12 am
Forum: Stocks
Topic: HSA space as part of PP? Looking @ Dreyfus s&p 500 index mutual fund
Replies: 4
Views: 3832

HSA space as part of PP? Looking @ Dreyfus s&p 500 index mutual fund

since my bank's HSA doesn't offer gold, LTT, or T bills, I'm looking @ buying the Dreyfus S&P 500 index, (PEOPX, 0.5% Expense ratio...not the greatest). My thinking is that I'm using tax deferred space while keeping my investments in line with the PP. In particular, I don't want to keep it just ...
by murphy_p_t
Tue Nov 29, 2011 9:38 pm
Forum: Cash
Topic: Paper I Bonds no longer available in 2012
Replies: 51
Views: 23746

Re: Paper I Bonds no longer available in 2012

It's too bad the Treasury did not think creatively about their decision to end paper bonds.  They complained about the costs. They could have enlisted the Post Office to sell the bonds over the counter as they do with money orders. Apparently it's not a sustainable business model to pay people $60k...
by murphy_p_t
Sun Nov 27, 2011 1:26 pm
Forum: Other Discussions
Topic: Chavez Repatriates Venezuela's Foreign Gold Reserves
Replies: 7
Views: 2457

Re: Chavez Repatriates Venezuela's Foreign Gold Reserves

Stone...I think you hit the nail on the head.
by murphy_p_t
Fri Nov 25, 2011 8:52 pm
Forum: Permanent Portfolio Discussion
Topic: ETFs vs. index funds
Replies: 14
Views: 11819

Re: ETFs vs. index funds

back on the main topic, from speaking with Vanguard I learned that funds "settle" faster from the sale of the mutual fund (1 day for fund, 3 days for the ETF...as I recall)
by murphy_p_t
Fri Nov 25, 2011 8:39 pm
Forum: Other Discussions
Topic: Can an ETF Collapse?
Replies: 13
Views: 5501

Re: Can an ETF Collapse?

This isn't just a theoretical issue. In the past stock market busts when people move quickly to cash in some funds they do leave the remaining holders with taxes as a result as the fund disposes of shares. was this an issue with Vanguard in the past, more specifically their s&p 500 or total sto...
by murphy_p_t
Fri Nov 25, 2011 12:46 am
Forum: Bonds
Topic: TLT at all time high...EDV well short of high...why?
Replies: 1
Views: 2167

TLT at all time high...EDV well short of high...why?

TLT at all time high...EDV well short of high...why? I'm surprised of this considering that EDV acts like TLT x 1.5. Any thoughts?
by murphy_p_t
Tue Nov 22, 2011 9:07 pm
Forum: Bonds
Topic: What will it take to end the LLT bull market?
Replies: 5
Views: 3023

What will it take to end the LLT bull market?

will another downgrade of US Treasury debt do it?

or can we expect LTT to (counter-intuitively?) leap up?

or should we expect LTT to continue its (40 year?) bull market...due to problems in Europe...I know it makes no differ to the PP, but its interesting all the same.