Search found 7680 matches
- Tue Nov 30, 2010 3:48 pm
- Forum: Permanent Portfolio Discussion
- Topic: Finally Close....Need Final Push & Opinions Please!
- Replies: 26
- Views: 16782
Re: Finally Close....Need Final Push & Opinions Please!
Completely agreed with Craig. Craig, you maybe should think of doing a podcast on tax efficiency. There are more intricacies to tax deferred plans that can make them more flexible than most people think (ie, being able to withdraw Roth contributions after 5 years... it significantly increases the f...
- Tue Nov 30, 2010 1:13 pm
- Forum: Gold
- Topic: How to not get ripped off
- Replies: 13
- Views: 9441
Re: How to not get ripped off
I second his curiosity. I like the idea of owning them myself as opposed to using a non-vanguard fund... especially in the accumulation phase when I don't really have to sell it, but simply adjust what I buy more of.
- Tue Nov 30, 2010 10:53 am
- Forum: Permanent Portfolio Discussion
- Topic: Buying into PP at the high?
- Replies: 7
- Views: 4807
Re: Buying into PP at the high?
I think the PP only tends to feel like a bad idea when there is lots of prosperity... historically, that seems to be the only time that I think I'd be queasy about my PP allocation, that is, when my friends and neighbors are all getting 25% return and I'm getting 8%. So, if you have money you can af...
- Mon Nov 29, 2010 4:15 pm
- Forum: Permanent Portfolio Discussion
- Topic: Finally Close....Need Final Push & Opinions Please!
- Replies: 26
- Views: 16782
Re: Finally Close....Need Final Push & Opinions Please!
Agreed with Craig... you can fight and toil all day for that last 1% of average return out of your stocks, and still be left chasing your tail at the end of the day, and with a higher tax-bill to boot. Keep the PP simple, and with the rest of your money (VP), dig into emerging markets, options, indi...
- Mon Nov 29, 2010 4:01 pm
- Forum: Cash
- Topic: FDIC exposure
- Replies: 11
- Views: 8065
Re: FDIC exposure
Jmourik, Going into debt to buy consumer goods is probably the most fun but least effective way of hedging for currency collapse. If our currency collapses, you'll be MUCH better off with more emergency goods or even just gold/silver bullion than any new car. The destabilizing blow to our economy ...
- Mon Nov 29, 2010 9:49 am
- Forum: Gold
- Topic: Silver in the PP
- Replies: 11
- Views: 7622
Re: Silver in the PP
I agree that it's thousands of years of history as opposed to some back-tested 20-year scam. Its ability to STORE value is amazing, but it can only store so much value, can't it? An ounce of gold should only ever be worth what its underlying economic/industrial/luxury value is. I think I'd want to...
- Sun Nov 28, 2010 6:04 pm
- Forum: Gold
- Topic: Silver in the PP
- Replies: 11
- Views: 7622
Re: Silver in the PP
I see holding some silver as a great choice. We all know how Gold has behaved in the past, but to me, gold has very little intrinsic value and I am basing its candidacy in the PP simply based on past performance. At least silver has some intrisic value. No, I'm not saying "own copper, aluminum, a...
- Tue Nov 23, 2010 8:10 am
- Forum: Bonds
- Topic: Why should I buy Treasuries now?
- Replies: 46
- Views: 36428
Re: Why should I buy Treasuries now?
KevD & Others skeptical of LT Bonds, I have one word for you: Japan. I don't have time to look up details, but their national (public) debt is much higher than ours, and their Long-term bonds are now at 1% or so. I'm not saying the US will go to 1%, but it could happen. Imagine how much your 4.3% ...
- Fri Nov 19, 2010 3:56 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP with large amount of illiquid real estate
- Replies: 3
- Views: 2845
Re: PP with large amount of illiquid real estate
Well the amount you can't afford to lose theoretically should be your PP, so if that 30% is sufficient, then I think you're ok keeping that a normal PP. If, hypothetically, the entire 100% of your net worth is money you don't think you can afford to lose, but you can't get rid of the land, you may w...
- Fri Nov 19, 2010 2:14 pm
- Forum: Bonds
- Topic: 401 K Lemonade
- Replies: 11
- Views: 6640
Re: 401 K Lemonade
Storm, While that's quite the deal (15% off), there are some risks involved, which I'm sure you know. You ever think of trading options of that stock to limit your exposure to sharp downside? I'm not sure how well this works, but I'm just thinking you're maybe leaving yourself with a little too muc...
- Fri Nov 19, 2010 12:11 pm
- Forum: Permanent Portfolio Discussion
- Topic: Mortgage/Home For Young Investors
- Replies: 16
- Views: 8373
Re: Mortgage/Home For Young Investors
I'm not so much saying that my house is an "investment," but if 1) your largest single expense is your rent/mortgage, and 2) you are protected from inflation for at-least that cost by having a 30-year fixed mortgage, then you have different exposure to inflation that someone renting. I am not saying...
- Thu Nov 18, 2010 5:11 pm
- Forum: Permanent Portfolio Discussion
- Topic: Tax Efficiency
- Replies: 21
- Views: 12498
Re: Tax Efficiency
Ideally, you'd have your "emergency fund" in the form of $200-500 in a safe, whatever else you need for 6-12 months of living expenses in a savings account, and maybe some bullion in case of bad inflation. The next level of liquidity, as Kevin points out, would be your roth contributions of over 5 y...
- Thu Nov 18, 2010 3:00 pm
- Forum: Permanent Portfolio Discussion
- Topic: Mortgage/Home For Young Investors
- Replies: 16
- Views: 8373
Re: Mortgage/Home For Young Investors
That really changes things, and being a tax guy, I can't believe I didn't think of that...
- Thu Nov 18, 2010 2:10 pm
- Forum: Permanent Portfolio Discussion
- Topic: Mortgage/Home For Young Investors
- Replies: 16
- Views: 8373
Re: Mortgage/Home For Young Investors
Saluki.... Touche!
- Thu Nov 18, 2010 8:58 am
- Forum: Permanent Portfolio Discussion
- Topic: Tax Efficiency
- Replies: 21
- Views: 12498
Re: Tax Efficiency
MMM, Great point, and I've thought about that same thing. I guess money you "cant afford to lose" you should look at and ask yourself, "why can't I afford to lose it." There's 2 major reasons: 1) someday you won't be able to work (retirement), and 2) you may lose your job for up to xx months (unemp...
- Wed Nov 17, 2010 3:29 pm
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
Re: You Know PP Isn't Overbought When...
Doug, Yeah it's ridiculous. As long as these plans have one emerging markets fund and one stable value fund people think they're getting the full risk spectrum. I will say, I really have no problem with a non-index stock fund.... it seems to me that if stocks are doing well, any reasonable stock fu...
- Wed Nov 17, 2010 1:45 pm
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
Re: You Know PP Isn't Overbought When...
Agreed... way too many financial advisors bend the portfolios to what makes them money, not what's best for their clients.
- Wed Nov 17, 2010 1:13 pm
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
Re: You Know PP Isn't Overbought When...
Nothing... this isn't a complaint so much as it's an indication of what investments most people care about.
That said, I can contribute much more every year to my 401(k) plan than to any IRA option, so it'd be especially nice if they offered something along those lines.
That said, I can contribute much more every year to my 401(k) plan than to any IRA option, so it'd be especially nice if they offered something along those lines.
- Wed Nov 17, 2010 1:05 pm
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
Re: You Know PP Isn't Overbought When...
I was speaking about my ING IRA specifically. They have various funds with in 8 different mutual fund brokers, but not 1 Long-Term Treasury fund nor any kind of precious metal index or anything. Right now it's not a problem. It's just an indication of how little interest there still is in precious...
- Wed Nov 17, 2010 12:51 pm
- Forum: Permanent Portfolio Discussion
- Topic: Mortgage/Home For Young Investors
- Replies: 16
- Views: 8373
Mortgage/Home For Young Investors
I'm 26, and I just bought a home with a 90% LTV 30 year 5% mortgage. Here's my dilemma: I feel, at this point in my life, I'm over-hedged for inflation, so if I were to go into a PP, I feel like I should be less exposed to Gold and more to LT Treasuries. I know homes aren't the best inflation hedg...
- Wed Nov 17, 2010 11:02 am
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
Re: You Know PP Isn't Overbought When...
Yes, when you change jobs you get some flexibility, but there's no excuse that the most educated professionals in this field are completely ignorant of how these pieces move in the market, or at least not bringing that value to the consumers of their product. It'd be like a doctor offering me two pr...
- Wed Nov 17, 2010 10:58 am
- Forum: Gold
- Topic: Five Stages of Inflation
- Replies: 23
- Views: 14712
Re: Five Stages of Inflation
MT, I find your "contrarian" view on inflation very interesting, and it's a very necessary part of the macro-economic debate. If you really think the fed's actions can't be inflationary until people begin spending, then why do you have some sort of problem with Keynesians driving the bus. It's the...
- Wed Nov 17, 2010 9:35 am
- Forum: Permanent Portfolio Discussion
- Topic: You Know PP Isn't Overbought When...
- Replies: 9
- Views: 7116
You Know PP Isn't Overbought When...
... neither my 401(k) plan, nor my ING IRA fund choices offer a Long-term Treasuries fund, or a commodity index or gold fund of any sort. It's slightly infuriating, as LT bonds tend to throw out a lot of annoyingly high taxable income, and if your 401(k) plan (which has the highest allowed contribu...
- Sat Nov 13, 2010 9:06 am
- Forum: Permanent Portfolio Discussion
- Topic: Tax Efficiency
- Replies: 21
- Views: 12498
Re: Tax Efficiency
6 Iron, Yes, as you approach the point of actually needing the money, it becomes very important to have enough in taxable accounts to get you to 59.5. Assuming you have the proper amount in your taxable accounts, but allocate the most tax-efficient assets to those accounts, your draw-dawn will begin...
- Fri Nov 12, 2010 9:07 pm
- Forum: Permanent Portfolio Discussion
- Topic: Tax Efficiency
- Replies: 21
- Views: 12498
Re: Tax Efficiency
BUMP.
Just thought there's some useful information here people may not have seen.
The key is using the flexibility these things have to offer. Roth IRAs: you can pull your principal out, HSAs: you can pull money out for medical expenditures.
Any questions or comments are welcome.
Just thought there's some useful information here people may not have seen.
The key is using the flexibility these things have to offer. Roth IRAs: you can pull your principal out, HSAs: you can pull money out for medical expenditures.
Any questions or comments are welcome.