Search found 171 matches

by europeanwizard
Mon Jun 22, 2020 1:23 am
Forum: Gold
Topic: $20 gold Liberty coin Heads Up!
Replies: 1
Views: 1664

Re: $20 gold Liberty coin Heads Up!

It would be interesting to know how they test these coins for purity. I believe there are several methods and they're not accurate all the time.
by europeanwizard
Tue Jun 09, 2020 3:53 pm
Forum: Bonds
Topic: Illinois Will Be The Poster Case For State Bankruptcy
Replies: 4
Views: 2796

Re: Illinois Will Be The Poster Case For State Bankruptcy

What's weird is that munis aren't unlike European state bonds. Just like an individual European country, an American state can't print themselves more money to get out of a high debt situation.
by europeanwizard
Sat May 30, 2020 4:45 pm
Forum: Permanent Portfolio Discussion
Topic: Tactical / Adjusting Cash Allocation
Replies: 7
Views: 3147

Re: Tactical / Adjusting Cash Allocation

What about owning a house is important to you?
by europeanwizard
Sat May 30, 2020 1:28 am
Forum: Gold
Topic: The Dawning of a Golden Decade
Replies: 14
Views: 5804

Re: The Dawning of a Golden Decade

Memorable quote on page 7: Truth hurts. Maybe not as much as jumping on a bicycle with the seat missing, but it hurts. Inspector Frank Drebin It's not a bone-dry paper, they did their best to keep it readable with a joke in the sideline here and there. This is my first crisis with a lot (for me) of ...
by europeanwizard
Wed May 06, 2020 1:49 am
Forum: Other Discussions
Topic: Warren Buffet goes nuts and exposes the fraud that is the USA
Replies: 2
Views: 2043

Re: Warren Buffet goes nuts and exposes the fraud that is the USA

This is no secret and everybody who buys these treasuries knows this. The US isn't unique in this regard. There are multiple countries for whom the debt-to-GDP ratio is overboard. Here in Europe we have France and Italy. Japan also has gone nuts. It's the reason, as I understand it, why they all lov...
by europeanwizard
Sun May 03, 2020 1:14 am
Forum: Bonds
Topic: He makes LTT’s and the PP in general sound very appealing
Replies: 3
Views: 2422

Re: He makes LTT’s and the PP in general sound very appealing

That scares me a bit. I've got a lot of 7-10 yr. European bonds...
by europeanwizard
Mon Apr 27, 2020 12:22 am
Forum: Permanent Portfolio Discussion
Topic: Simple 4 ETF PP
Replies: 14
Views: 5847

Re: Simple 4 ETF PP

I run it with three ETFs, personally. I have replaced the t-bills part with real cash, meaning a savings account. I don't see anything wrong with that, and I'm surprised that you'd say "only 4 ETFs".

Isn't that the beauty of the PP, its simplicity?
by europeanwizard
Mon Apr 20, 2020 2:53 am
Forum: Other Discussions
Topic: What Does Life Look Like For You Now?
Replies: 95
Views: 27481

Re: What Does Life Look Like For You Now?

I live in one of the European countries that doesn't have a strict quarantine, but has instated a mild lockdown. So weirdly enough, my life hasn't been all that different. I'm a freelancer who was already working out of my own office for half of the week. The other half of the week, I'd occupy a des...
by europeanwizard
Sat Apr 18, 2020 12:25 am
Forum: Cash
Topic: Vanguard and Fidelity Treasury MM funds closed to new investors
Replies: 16
Views: 7244

Re: Vanguard and Fidelity Treasury MM funds closed to new investors

I'm really curious what kind of investor is going there. Does it reflect the "normal" distribution of the market?
by europeanwizard
Thu Apr 16, 2020 12:58 pm
Forum: Other Discussions
Topic: Harry Browne, Computer Buff
Replies: 4
Views: 1834

Re: Harry Browne, Computer Buff

Amazing. Ahead of their time.
by europeanwizard
Wed Apr 15, 2020 12:33 am
Forum: Gold
Topic: A possible solution to the high premiums
Replies: 1
Views: 1210

Re: A possible solution to the high premiums

LOL. I'd missed that one. For those who are like me, and need a bit more explanation:
https://www.explainxkcd.com/wiki/index. ... haven_RHIC
by europeanwizard
Tue Apr 14, 2020 2:12 am
Forum: Other Discussions
Topic: Time to replace Macbook Pro?
Replies: 96
Views: 29748

Re: Time to replace Macbook Pro?

If Mac, I'd steer clear of the 13" MacBook Pro until updated with a better Keyboard (rumors say this year soonish). (no direct experience, but LOTS of online complaints about the keyboard. I do have experience with those keyboards, and I can tell you: it's going to annoy you. If you are going ...
by europeanwizard
Sat Apr 11, 2020 7:02 am
Forum: Permanent Portfolio Discussion
Topic: PP article
Replies: 6
Views: 3248

Re: PP article

Not worth posting, really. It's just that if asked, you give the advice to include a little gold to a beginner's portfolio, you're bound to get down votes on Reddit.
by europeanwizard
Sat Apr 11, 2020 1:34 am
Forum: Permanent Portfolio Discussion
Topic: PP article
Replies: 6
Views: 3248

Re: PP article

Yeah with all the volatility in stocks, the PP is definitely getting more attention. I still get downvoted on Reddit though ;-) Thanks for posting.
by europeanwizard
Mon Mar 30, 2020 3:43 am
Forum: Other Discussions
Topic: Owl or lark?
Replies: 4
Views: 1713

Re: Owl or lark?

I clicked lark, but since I live in Central European Time and start quite early (around 7 AM), it's entirely possible that I'm with the owls here :)
by europeanwizard
Thu Mar 26, 2020 1:34 am
Forum: Permanent Portfolio Discussion
Topic: Bitcoin in the PP?
Replies: 81
Views: 29117

Re: Bitcoin in the PP?

I am honestly curious what the thought process of the risk/reward ratio is of putting 0.5%-1.0% bitcoin in one's portfolio? Well, I for one think it's a very good idea. The PP provides for this, in some sense. Besides the Permanent Portfolio, it's advised to keep a VP = Variable Portfolio, if you w...
by europeanwizard
Tue Mar 24, 2020 1:40 am
Forum: Permanent Portfolio Discussion
Topic: My first bear market and I'm sleeping tight
Replies: 9
Views: 3523

My first bear market and I'm sleeping tight

Hi folks, When I started freelancing about five years ago, I knew I had to step up saving and investing. First for the inevitable drought in work, and second because I'd no longer have a employer-provided pension. A lot of blogs were touting Buy & Hold 100% stocks portfolios. But from what I rea...
by europeanwizard
Sun Mar 22, 2020 4:47 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin loses half of its value in two-day plunge
Replies: 12
Views: 5114

Re: Bitcoin loses half of its value in two-day plunge

ochotona wrote: Sun Mar 22, 2020 12:37 pm Possibly nothing as far as future performance goes, but it tells me this - micro-size your bitcoin allocation.
Compared to my PP, I've got about 3% bitcoin. Enough for me right now ;)
by europeanwizard
Fri Mar 20, 2020 2:10 am
Forum: Other Discussions
Topic: Getting Into Linux
Replies: 34
Views: 11252

Re: Getting Into Linux

How many forums users here are regular Linux users? Not on the desktop, but on the server, yes. My biggest gripe so far is the lack of a turnkey backup solution like Time Machine in MacOS. Also, there is no Microsoft Visual Studio Code, so I've elected to use Atom as my IDE. It's not as good, thoug...
by europeanwizard
Sat Mar 14, 2020 1:49 am
Forum: Variable Portfolio Discussion
Topic: Bitcoin loses half of its value in two-day plunge
Replies: 12
Views: 5114

Re: Bitcoin loses half of its value in two-day plunge

Fun times :)

My VP is about 4% of my PP, and 2% is in Bitcoin. I don't worry about it, really. It's just there in case Bitcoin turns out to be a huge winner in the future.
by europeanwizard
Mon Mar 09, 2020 1:06 am
Forum: Permanent Portfolio Discussion
Topic: Stay cool...
Replies: 39
Views: 19547

Re: Stay cool...

Happy to hear you're still working on the new company, Craig! The book was pivotal to me, it offered a recent picture of the PP and allowed me to start investing.
by europeanwizard
Wed Feb 05, 2020 2:33 am
Forum: Variable Portfolio Discussion
Topic: Moonshots
Replies: 20
Views: 8105

Re: Moonshots

dualstow wrote: Tue Feb 04, 2020 4:12 pm Ticker:SPCE
That's a real nice ticker they got there.
by europeanwizard
Wed Jan 29, 2020 8:56 am
Forum: Other Discussions
Topic: Online Security
Replies: 8
Views: 2878

Re: Online Security

This forum is extremely revealing in the financial sense. I can tell you from experience that it can rub people the wrong way when they know you're well off. I have a colleague who asked what I earned, and I told him. Even though it was less than him , he was jealous for weeks. Because, so he reason...