I have come to categorize Bitcoin as just another single stock I shoulda coulda bought. Just like an Amazon, Apple, Tesla stock.

I believe I saw someone else mention this here. If Bitcoin does become something bigger, then owning the stock market will have you invested enough in it.

Would you buy a 3.25% 30 year mortgage? Another way to think about it, If you had a paid for house would you take out a mortgage on it? If so what would you use cash to buy? Maybe I bonds but I wouldn't want to buy stocks or gold. Leave it in cash if you need for emergency fund but you would not be...

1 dollar is worth 1 euro today.

https://fortune.com/2022/07/08/euro-dol ... over-time/

Euro lost 20% to dollar over last 14 months

] Do you prefer cash holdings in bank deposits or T-bills? Whatever is paying more. Favorite thing is I bonds right now. It was EE bonds when all rates were so low. EE bonds not so appealing now but they saved me from buying LTT at low rates. CDs could be appealing if rates go higher but they are n...

Cash is my favorite asset as well. I guess it is the at least you know your nominal return factor of it. Just make sure you have at least 25% stocks according to Ben Graham https://www.bogleheads.org/wiki/Graham_75-25_rule And 20% gold according to belangp https://gyroscopicinvesting.com/forum/viewt...

mathjak107 wrote: ↑Tue Jul 05, 2022 7:04 am Excellent show and a more positive outlook for the pp and rates . Not so much for the economy though

https://wealthtrack.com/influential-pre ... ar-market/

Good post. I do enjoy listening to David Rosenberg.

I hated having to worry about having gold on hand or in a SDB. It was a relief to sell it and just use ETF.

It was more stressful to worry about what I would mess up with the gold than what the ETF would mess up. At least the ETF has the power of the masses on it's side.

Nice find.

Only 500 views over the last 3 days. Makes me think about how little interest there is in gold but it does look like a new channel.

Some more on Uganda gold discovery.

https://youtu.be/wNSZ_VIHlWk

Just a big fish story?

https://www.monitor.co.ug/uganda/oped/c ... ld-3849986

Uganda says exploration results show it has 31 million tonnes of gold ore https://www.mining.com/web/uganda-says-exploration-results-show-it-has-31-million-tonnes-of-gold-ore/ Story sounds suspicious. Found this article from last year that says otherwise. But the East African nation itself is not r...

There’s a run on Chinese banks and it’s being ignored by the world

https://www.asiamarkets.com/chinese-banks-run/

But how big is the difference? And does it overcome the fact that with a barbell approach, you have the added flexibility of using your emergency fund as part of the cash portion of the portfolio, as well as the possibility of adding I Bonds to juice portfolio returns during times like these? Just ...

Good reminder. It looks like this fund almost hit the exact top. Impressive.

Initially I was wondering if this rule would save you from buying into long term treasuries when you shouldn't be but looking back at historical charts this doesn't look to be the case. Some of the best times to have 30 year treasuries actually appear to be when the yield curve is flat with elevated...

I don't know about ETFs causing trouble. I still think it is more that the population doesn't even think about owning gold. What was it like to buy gold in the 70s? Were there gold dealers everywhere or was it just a niche thing? What are people buying now to hedge inflation? I guess what I have see...

Is this something that needs to be applied to the "Permanent Portfolio"? It would have saved a lot of grief this year over long term treasuries. I found this other post on bogleheads https://www.bogleheads.org/forum/viewtopic.php?t=46704 The post mentioned Larry' Swedroe's 2006 book: The O...

2 or 3 year treasuries look to be the best bet to me. https://www.investing.com/rates-bonds/usa-government-bonds VGSH is a cheap way to accomplish if you want a fund instead of buying direct. https://investor.vanguard.com/etf/profile/VGSH I have been trying to find a more detailed explanation of Lar...

I think taxes are one of those things that are guaranteed. I am not in the withdrawal phase but in my head, I expected to just sell from the asset that is up at the moment. That may then prevent a need to rebalance and also forces you to sell high. It would also spread out your taxes to each year in...

Historically, equal parts stock, long treasury and gold has outperformed the permanent portfolio but with deeper drawdowns. Since we have already had quite the drawdown, it sure seems like the correct answer would be to stay where you are at. https://www.portfoliovisualizer.com/backtest-asset-class-...

eh, this is data worth knowing "wellesly income with 40% equities is down just 8,41% ytd compared to the permanent portfolio now minus 10.50%" Ride isnt over tho Am I looking at this right? Wellesley is up only 1% after 5 years when you don't include dividends. Vanguard Wellesley® Income ...

Light shining on permanent portfolio again due to recent stock market declines.

https://www.marketwatch.com/story/drive ... 1652095555

Does anyone else get this image in their head when listening to Bernstein?

The Dude

Great listen. I seem to always enjoy Bernstein.

Thanks for posting.

It might be the Chinese developer defaults causing the tight money

China’s Restructuring Firms Staff Up for Record Wave of Defaults
https://archive.ph/eTu8G