Search found 3354 matches
- Sun Mar 29, 2015 2:48 pm
- Forum: Permanent Portfolio Discussion
- Topic: Stocks and Bonds Decline
- Replies: 57
- Views: 22687
Re: Stocks and Bonds Decline
I get my gold with 1% markup. 4-5%? Goodness. Anyone can send me a PM for the dealer name.
- Sat Mar 28, 2015 10:12 pm
- Forum: Permanent Portfolio Discussion
- Topic: Stocks and Bonds Decline
- Replies: 57
- Views: 22687
Re: Stocks and Bonds Decline
Those govt drawn lines aren't dotted, those are solid!buddtholomew wrote: A dollar in taxable is more valuable to me today. Tax rates at withdrawal and long-term capital gains/collectibles taxes owed dictate how valuable tax-deferred space will be in the future.
- Sat Mar 28, 2015 9:50 pm
- Forum: Other Discussions
- Topic: Obamacare is Repealed or 1937 Redux?
- Replies: 15
- Views: 6245
Re: Obamacare is Repealed or 1937 Redux?
Well after this October when the new enrollment period starts, they will request your next year's estimated income. So if you're still unemployed, I believe you will be able to put down $0 for wages and thus qualify. And Medicaid too if your state expanded it. I will be working again fairly soon....
- Sat Mar 28, 2015 7:25 pm
- Forum: Other Discussions
- Topic: Obamacare is Repealed or 1937 Redux?
- Replies: 15
- Views: 6245
Re: Obamacare is Repealed or 1937 Redux?
I made too much money for the exchanges, yes. And I am unemployed. Both of those nice things.
- Sat Mar 28, 2015 6:11 pm
- Forum: Variable Portfolio Discussion
- Topic: Gold Junior Miners (GDXJ)
- Replies: 8
- Views: 5342
Re: Gold Junior Miners (GDXJ)
MG, while on the subject of gold mining stocks, I don't know much about them. Would a safer, more boring way to play the sector be to buy NEM or PSAU? What's you gut feel as to when the bottom could be?
- Sat Mar 28, 2015 6:08 pm
- Forum: Permanent Portfolio Discussion
- Topic: Stocks and Bonds Decline
- Replies: 57
- Views: 22687
Re: Stocks and Bonds Decline
Actually, the distinction between the PP and VP is artificial in this case. Yes, you only have ONE portfolio... everything you own, and everything you owe, plus insurances, plus the amount you earn (and likelihood of being unemployed), and your future health liabilities, liabilities to family, the ...
- Sat Mar 28, 2015 6:03 pm
- Forum: Other Discussions
- Topic: Welfare Makes America More Entrepreneurial
- Replies: 7
- Views: 3040
Re: Welfare Makes America More Entrepreneurial
Yes, just think of all the inventions and startups for which we can thank welfare recipients! If George H. W. Bush and Gerald Ford are RINOs, then yes, I am a RINO. Ronald Reagan would be pilloried today by the Tea Party for some of the actions he took as President. He would never have gotten re-no...
- Sat Mar 28, 2015 6:00 pm
- Forum: Variable Portfolio Discussion
- Topic: Plunging Oil-When to Bite?
- Replies: 19
- Views: 12015
Re: Plunging Oil-When to Bite?
No. Chicago Machine Politics. Reward your friends, punish your enemies. Texas is his enemy. NASA in Houston did not get any of the actual space shuttles, even though Houstonians died on two shuttle missions. Obama could make the problem go away in an instant by allowing export of oil. Will he?
- Sat Mar 28, 2015 9:17 am
- Forum: Variable Portfolio Discussion
- Topic: Plunging Oil-When to Bite?
- Replies: 19
- Views: 12015
Really, the time is now. This is capitulation blow-out, with a time lag, too
I can tell you from personal experience, morale within these companies is completely in tatters . Managers have completely capitulated. They see no future in their own industry. They are in a fetal position in their offices crying. They have possibly oversold, they have possibly overcorrected on the...
- Sat Mar 28, 2015 6:46 am
- Forum: Other Discussions
- Topic: Welfare Makes America More Entrepreneurial
- Replies: 7
- Views: 3040
Re: Welfare Makes America More Entrepreneurial
Now that I have a reasonable quality (but expensive) post-Obamacare private marketplace insurance, I'm thinking of starting my own business after being let go from a Fortune 500 in the oilfield sector last week. If I couldn't have gotten it, I'd have had to try to bury my talents (again) in the hal...
- Fri Mar 27, 2015 10:41 pm
- Forum: Other Discussions
- Topic: Welfare Makes America More Entrepreneurial
- Replies: 7
- Views: 3040
Re: Welfare Makes America More Entrepreneurial
Now that I have a reasonable quality (but expensive) post-Obamacare private marketplace insurance, I'm thinking of starting my own business after being let go from a Fortune 500 in the oilfield sector last week. If I couldn't have gotten it, I'd have had to try to bury my talents (again) in the hall...
- Fri Mar 27, 2015 10:37 pm
- Forum: Other Discussions
- Topic: Obamacare is Repealed or 1937 Redux?
- Replies: 15
- Views: 6245
Re: Obamacare is Repealed or 1937 Redux?
After being laid-off last week, I bought Blue Cross Blue Shield in the private marketplace online in a few minutes. It was expensive. But I appreciate: No pre-existing condition exclusions Adult children up to age 26 can stay on the plan Those things must stay in. If private insurance was like it wa...
- Fri Mar 27, 2015 9:29 pm
- Forum: Permanent Portfolio Discussion
- Topic: Stocks and Bonds Decline
- Replies: 57
- Views: 22687
Re: Stocks and Bonds Decline
If you have less than 25% physical gold, this is going to happen to you on this Forum. http://militantlibertarian.org/wp-content/uploads/2012/08/Salem-Witch-Trials.jpg 5% is hardly a PP, 10% is acceptable as I too only hold 1/10 of my portfolio in gold. 10% is acceptable according to you, but is def...
- Fri Mar 27, 2015 9:27 pm
- Forum: Gold
- Topic: What Drives Gold
- Replies: 15
- Views: 10917
Re: What Drives Gold
... TRUE DAT ...
MachineGhost wrote: HB is wrong. Gold didn't go up from 2001 to 2011 because of inflation anymore than gold went up from 2011 to date due to inflation.
- Thu Mar 26, 2015 1:37 pm
- Forum: Permanent Portfolio Discussion
- Topic: Stocks and Bonds Decline
- Replies: 57
- Views: 22687
Re: Stocks and Bonds Decline
I will be "all in" when gold is $850. Not a moment sooner. If it even goes below $1000, I will be "more in". Right now, I'm at 11%. Rest evenly divided cash, stocks, bonds. Is that speculating? I carry a gun, is that speculating?
- Wed Mar 25, 2015 12:30 pm
- Forum: Gold
- Topic: What Drives Gold
- Replies: 15
- Views: 10917
Re: What Drives Gold
And those certain times can be very long. Yes, we're all used to $4+ coffee by now... but if someone offered you a $12 coffee, you'd refuse it! You'd wait for the price to normalize. Problem with gold is that wait time can be extended; but we hit it in real terms in early 1970s and 2001 and maybe ag...
- Wed Mar 25, 2015 9:47 am
- Forum: Gold
- Topic: What Drives Gold
- Replies: 15
- Views: 10917
Re: What Drives Gold
And it's global, not US-centric.
MilfordTony wrote: Gold's price isn't simply driven by the supply-demand ratio, the dollar's movements, inflation, oil price, geopolitical events and so on. The market's way of functioning is far more complex and less transparent.
- Tue Mar 24, 2015 5:20 pm
- Forum: Variable Portfolio Discussion
- Topic: Is there a Health Savings Account available to an individual for PP?
- Replies: 4
- Views: 3878
Re: Is there a Health Savings Account available to an individual for PP?
Thanks for the kind words. I appreciate it.
- Tue Mar 24, 2015 1:12 pm
- Forum: Variable Portfolio Discussion
- Topic: Is there a Health Savings Account available to an individual for PP?
- Replies: 4
- Views: 3878
Is there a Health Savings Account available to an individual for PP?
I recently lost my job. :'( Oil industry, Texas, I still need to shelter income for tax year 2015, the severance was pretty large (I'm not totally unhappy... technically, I could retire. But of course, I won't at my age). So, I'm looking for a low-cost financial institution I could access as an in...
- Wed Mar 18, 2015 10:51 am
- Forum: Variable Portfolio Discussion
- Topic: Plunging Oil-When to Bite?
- Replies: 19
- Views: 12015
Re: Plunging Oil-When to Bite?
Now is a good time to buy energy stocks. The next 30 - 90 days.
- Tue Mar 17, 2015 5:44 am
- Forum: Permanent Portfolio Discussion
- Topic: How Are You Doing In PP?
- Replies: 97
- Views: 39969
Re: How Are You Doing In PP?
Oh my, very small nuclear weapons.
- Sun Mar 15, 2015 5:34 pm
- Forum: Permanent Portfolio Discussion
- Topic: Effect of Ray Dalio portfolio's popularity on PP?
- Replies: 18
- Views: 9125
Re: Effect of Ray Dalio portfolio's popularity on PP?
More power to him.
- Sun Mar 15, 2015 5:32 pm
- Forum: Gold
- Topic: Never have long positions in UGLD or DGLD
- Replies: 5
- Views: 4197
Never have long positions in UGLD or DGLD
You absolutely have to avoid long positions in 2X and 3X leveraged and inverse ETFs or ETNs... due to the DECAY phenomenon. Intraday is OK, going long is not.
Look at the first chart shown, it will frighten you to DEATH.
http://seekingalpha.com/article/104703- ... raged-etfs
Look at the first chart shown, it will frighten you to DEATH.
http://seekingalpha.com/article/104703- ... raged-etfs
- Sun Mar 15, 2015 5:31 pm
- Forum: Permanent Portfolio Discussion
- Topic: How Are You Doing In PP?
- Replies: 97
- Views: 39969
Re: How Are You Doing In PP?
Cully, you absolutely have to avoid long positions in 2X and 3X leveraged and inverse ETFs or ETNs... due to the DECAY phenomenon. Intraday is OK, going long is not. Look at the first chart shown, it will frighten you to DEATH. http://seekingalpha.com/article/104703-explaining-inverse-and-leveraged-...
- Thu Mar 12, 2015 7:31 pm
- Forum: Permanent Portfolio Discussion
- Topic: Shorter Term Instead of LT Bonds?
- Replies: 21
- Views: 13010
Re: Shorter Term Instead of LT Bonds?
If you are overly concerned about one component of the PP, just reduce the size of that component as well as all the other components. That way you retain the integrity of the PP for rebalancing and the remainder can be used to establish a VP to tilt your total portfolio in whichever direction you ...