Search found 389 matches

by Bean
Wed May 14, 2014 12:58 pm
Forum: Other Discussions
Topic: Academic study: America is an oligarchy
Replies: 33
Views: 8544

Re: Academic study: America is an oligarchy

I have always thought America is basically a Feudalism state, that is enforced by debt and inflation.  Of course, I also read all sorts of studies that America has the highest mobility between economic classes of any country in the world. Perception doesn't always equal reality, I guess. Where did ...
by Bean
Wed May 14, 2014 11:37 am
Forum: Other Discussions
Topic: Academic study: America is an oligarchy
Replies: 33
Views: 8544

Re: Academic study: America is an oligarchy

I have always thought America is basically a Feudalism state, that is enforced by debt and inflation.  Of course, I also read all sorts of studies that America has the highest mobility between economic classes of any country in the world.

Perception doesn't always equal reality, I guess.
by Bean
Wed May 14, 2014 11:33 am
Forum: Permanent Portfolio Discussion
Topic: Forum Back!
Replies: 11
Views: 5848

Re: Forum Back!

I thought I got banned, till I saw the Crawling Road post  :P
by Bean
Thu May 08, 2014 9:08 pm
Forum: Gold
Topic: Air-Tites on Silver Coins? Worth It?
Replies: 7
Views: 4347

Re: Air-Tites on Silver Coins? Worth It?

Yes.  If you are buying anything more than a bar or round it will provide you with protection on whatever numismatic premium you paid.  Sad part is, most bars and rounds cost have just as much premium as government bullion and no real numismatic value. (Of course I buy those stupid lunar pamp bars a...
by Bean
Tue May 06, 2014 10:18 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18848

Re: Talmud Portfolio

Pointedstick wrote: 1/3 land
1/3 owned business
1/3 permanent portfolio
^ This is what I was thinking and at the end the day will probably be where I settle.  I firmly believe in owning productive land, being an entrepreneur, and the permanent portfolio.  So might as well do all 3.
by Bean
Tue May 06, 2014 9:48 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18848

Re: Talmud Portfolio

Kshartle wrote:
bean have you looked at the Perth Mint?
I will actually be taking a tour of the Perth Mint in about two weeks, but that is a different story.  ;D
by Bean
Mon May 05, 2014 8:27 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18848

Re: Talmud Portfolio

Thanks guys for your thoughts.  A little background into why I am exploring a Talmud portfolio as compared to the PP:  The 25% of the PP in gold, because I am accumulating at a very fast pace, scares me.  It would result in very large gold holdings that introduces risks of storage and large rebalanc...
by Bean
Sun May 04, 2014 10:14 pm
Forum: Variable Portfolio Discussion
Topic: Talmud Portfolio
Replies: 28
Views: 18848

Talmud Portfolio

“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.”? If you were to follow this old school version of the Permanent Portfolio, what would be your modern investment choices and rebalancing rules? My initial sta...
by Bean
Sun May 04, 2014 1:18 pm
Forum: Gold
Topic: The Gold Conspiracy
Replies: 7
Views: 4449

Re: The Gold Conspiracy

Once upon a time the History Channel used to be pretty good. But in recent years they have taken a decided turn into the world of fringe conspiracy theories. I can only assume the ratings are better. But really, do we need a cable TV version of World Nut Daily? TLC's top show is Honey Boo Boo...The...
by Bean
Sun Mar 09, 2014 2:54 pm
Forum: Other Discussions
Topic: Help me get drunk
Replies: 54
Views: 22835

Re: Help me get drunk

Go back to college, join a frat, enjoy the greatest drinking experience of modern times.

Just thinking about college makes me laugh and wonder how I survived.

To the OP: Honey mead, home brew...it is AMAZING.
by Bean
Sun Mar 02, 2014 8:05 pm
Forum: Gold
Topic: Where and how do you purchase physical gold?
Replies: 160
Views: 108763

Re: Where and how do you purchase physical gold?

Apmex.com has treated me well and I use them almost exclusively now. 
by Bean
Sun Feb 23, 2014 5:58 pm
Forum: Permanent Portfolio Discussion
Topic: PP is in 'buy' mode
Replies: 8
Views: 4183

Re: PP is in 'buy' mode

blackomen wrote: My proprietary model's showing buy for TLT and sell for GLD and SPY..
My proprietary model is what ever is the opposite of reason is  ;D

So VTI up, TLT up, and GLD down
by Bean
Thu Feb 20, 2014 8:31 pm
Forum: Stocks
Topic: Protection against a sharp drop
Replies: 18
Views: 12386

Re: Protection against a sharp drop

Inflation seems to be picking up too. That pricing power can't come about without a corresponding increase in purchasing power. I think, if I had to hazard a guess, that this is where we could disagree. But my personal experience is what informs my opinion. As a small businessman, even if I wanted ...
by Bean
Thu Feb 06, 2014 6:45 pm
Forum: Other Discussions
Topic: Affordable Care Act Woes (Obamacare)
Replies: 167
Views: 49878

Re: Affordable Care Act Woes (Obamacare)

@ PS It sounds like a positive feedback loop leading to higher prices over time.  As more out-of-pocket consumers get priced out, we hear more talk of socialized medicine, of which ACA is the beginning. It was probably gov't regulations that got the whole thing started.  Do you think the price of a...
by Bean
Thu Feb 06, 2014 5:40 pm
Forum: Permanent Portfolio Discussion
Topic: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache
Replies: 15
Views: 11138

Re: Question:The Shockingly Simple Math Behind Early Retirement | Mr. Money Mustache

This thread makes me want to create a total savings rate poll.

Are we all closet Mustachians?
by Bean
Wed Feb 05, 2014 10:04 pm
Forum: Variable Portfolio Discussion
Topic: CVS to stop selling cigarettes
Replies: 25
Views: 9909

Re: CVS to stop selling cigarettes

Lenina Huxley: Ah, smoking is not good for you, and it's been deemed that anything not good for you is bad; hence, illegal. Alcohol, caffeine, contact sports, meat... John Spartan: Are you shitting me? Moral Statute Machine: John Spartan, you are fined one credit for a violation of the Verbal Moral...
by Bean
Wed Jan 29, 2014 11:14 pm
Forum: Other Discussions
Topic: What Is The State Of Our Union?
Replies: 35
Views: 13425

Re: What Is The State Of Our Union?

ns3 wrote: Whether he can do that by executive authority or not, I don't know. I would hope not.
Executive order was signed yesterday (Jan. 29. 2014)
by Bean
Wed Jan 29, 2014 10:49 pm
Forum: Other Discussions
Topic: What Is The State Of Our Union?
Replies: 35
Views: 13425

Re: What Is The State Of Our Union?

myRA

He talked about it in the state of the union and the next day created it by executive order.  Basically low income, non-Government employee access to the G-Fund in the thrift savings plan.

http://www.cnbc.com/id/101373440
by Bean
Sun Jan 19, 2014 7:12 pm
Forum: Stocks
Topic: Wade Pfau's stock market drops > 50% in inflation-adjusted terms - 20 countries
Replies: 10
Views: 8841

Re: Wade Pfau's stock market drops > 50% in inflation-adjusted terms - 20 countries

Jake wrote: Wade has updated his analysis to include the bond market:

http://wpfau.blogspot.mx/2014/01/greate ... arket.html
Makes you wonder how to prepare for stuff like this. The 50/50 chart should scare the bejesus out of most common investors.
by Bean
Thu Jan 16, 2014 9:55 pm
Forum: Gold
Topic: Carrying physical gold out of the country
Replies: 18
Views: 8872

Re: Carrying physical gold out of the country

Good point. Even if you got the coins out of the U.S. it would only be half the battle. You also need to get them into another country. Been there, done that with other things. So, assuming that carrying the coins on your person is not a good idea are there any other suggestions for how to physical...
by Bean
Thu Jan 16, 2014 5:27 pm
Forum: Other Discussions
Topic: Cullen Roche interview
Replies: 291
Views: 97727

Re: Cullen Roche interview

Being the N'th time this debate has happened can everyone just admit they might be wrong and that doesn't bother you since the PP is well designed for reality and belief having little correlation?

Bunch of Keynesians in sheep's clothing here  :P
by Bean
Wed Jan 15, 2014 2:48 pm
Forum: Gold
Topic: Purchasing Physical Gold
Replies: 28
Views: 16140

Re: Purchasing Physical Gold

Got to pitch sovereigns.  Durable, recognized, small premium, and a smaller denomination of gold weight.

Why not diversify your gold holdings with maples and ealgles?  I buy low premium slabbed gaudens every chance I can get, it really brings out my gold buggery.
by Bean
Sat Jan 11, 2014 4:54 pm
Forum: Cash
Topic: Deep Cash - Intermediate Bonds
Replies: 5
Views: 5390

Deep Cash - Intermediate Bonds

Thoughts on extending the duration of deep cash, to juice a little extra yield?

For example my cash portion would be:

15% TBills
5% IBonds
5% ~5 year Bond Fund

This should give me more than enough for a rebalancing event, extra yield, and not a dramatic increase in volatility.
by Bean
Mon Jan 06, 2014 12:29 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio 2013 Results.
Replies: 39
Views: 20662

Re: Permanent Portfolio 2013 Results.

Thomas Hoog wrote: + 4 % with my 10 % cash, 20 % gold, 30 % bonds, 40 % stocks portfolio
What are your re-balancing rules with this allocation?
by Bean
Sun Jan 05, 2014 5:28 pm
Forum: Other Discussions
Topic: Somebody needs to pay for my 15 kids!
Replies: 6
Views: 3132

Re: Somebody needs to pay for my 15 kids!

Is it a private issue, does government get involved, and how do entities intervene?

How is the decision making process that is so flawed stopped, without hurting innocent kids?