Has anyone seen this before? https://taylorpearson.me/thedragon/ It mentions it has a similar philosophy to the PP: The Permanent Portfolio is a more easily implemented approach with a similar philosophy that uses equal amounts of stocks, bonds, gold and cash. Similar to the Dragon portfolio, it is ...

Very interesting indeed!

So where would that put us now?




Can we draw conclusions from this chart? "Economic Uncertainty" CHECK! Anything else?

Michael Kitces has an article which concludes that it is best to check frequently and rebalance opportunistically at 20% bands. A 2007 study in the Journal of Financial Planning by Gobind Daryanani entitled “Opportunistic Rebalancing” studied rolling 5-year periods from 1992 to 2004 and found that ...

vnatale wrote: ↑Sat Apr 11, 2020 8:12 pm Seems like eufo was the only one here in favor of narrow bands while all else were in favor of wider bands.

Everyone still singing the same tune?

Vinny

Instead of personal preferences it would be cool if this is back-tested somehow. Someone must have done this?

EU citizen here. I hold individual (German) bonds.

It is a bit more of a hassle, but it has tax advantages for me: the dividend from an ETF is taxed with dividend tax, and dividend from an actual bond is not.

Mark Leavy wrote: ↑Wed Apr 01, 2020 8:59 pm You would need something that traded round the clock so that you could reliably close each trade at your target percentages.

bitcoin?

Rebalancing during times of high volatility can be very profitable. Down 10% one day so you buy, next day up 10% sell, etc. In times of low volatility it does seem best to let it ride until a rebalance band is hit. IG IMHO it's not that simple. "Down 10% one day so you buy" you say. What ...

Awesome Tyler, this really helps putting things in perspective again. My EU GB is holding up as well, although it is hard to calculate exactly as I was DCAing during the drop.

Personally, I always put fresh cash in the underperforming asset. So the last couple weeks that's all been to stocks. It's like doing small rebalancing as you go. There's no point in waiting. If you wait for the chaos to end you're going to be buying stocks at a higher price than you would this wee...

Hi, This week is my planned DCA investment round (every month 20% of the amount to invest). I have a Golden Butterfly portfolio (mixed EU and US). I have currently 40% invested, and the allocations are currently: Gold 24% TSM 16% SCB 15% LTT 23% STT 22% So still within the bands, but only just (assu...

Tesla is a software company that makes cars. That might make a difference.

europeanwizard wrote: ↑Sun Jan 12, 2020 1:24 am

senecaaa wrote: ↑Sat Jan 11, 2020 1:22 pm And because in AI there is a known fact that the party who is in front will stay in front (and increase the lead) the obvious pick would be $GOOG.

If you believe in AI, then what about Tesla?

I, for one, welcome our new self-driving overlords.

Yeah, Tesla is another potential wins-it-all.

Well, I am heavily into GOOG and GOOGL in that these shares constitute more than 11% of my individual stocks. I didn't intend to hold so much, but after selling once or twice, I decided to hold on. The shares have really taken off and in this age of letting the share price "Berkshire Hathaway&...

I love the PP/GB and 95% of my money goes there. But I am also a big believer in AI. AI will rule the world. And because in AI there is a known fact that the party who is in front will stay in front (and increase the lead) the obvious pick would be $GOOG. So my strategy is: wait for the NASDAQ to dr...

Unfortunately, there is very little gold-digging being done here

I always always always get current coins fresh from the mint rather than ones in circulation. Reduces the probability that I got a counterfeit as far as I'm concerned. When you say "fresh from the mint", you mean "not circulated", or directly from the source (whatever that may b...

Thanks!

Thanks, I'll do the same then. It is quite a bit cheaper, and Krugerrands (which I'm looking at) are not so easy to scratch anyway.

My US-EU-mix GB portfolio is doing pretty good! Who needs Asia/UK?

Speaking of something new >:D: It would be cool to have a tool like https://portfoliocharts.com/portfolio/portfolio-matrix/, but where you select only one portfolio and get the scores for all supported countries. That gives a very fast insight into the effectiveness of a portfolio regardless of the...

@Tyler, you up for a coffee? Always! ;D BTW, while we’re talking about European investing — for anyone who would like to read or share PC in a language other than English, there’s a hidden little feature on the site that I’m not sure many people are aware of. You see those little flags near the top...

When buying gold coins it seems that circulated coins with a random year are cheaper than new coins (2019/2020). I assume that when selling the coins this will also have an impact? What would you recommend?

@Tyler, you up for a coffee?

Hi All, For more empirical evidence of how the PP would respond to various economic conditions is there any (vetted) data on how it would have worked in other countries? Some example scenarios I'd like to see: 1. Long, deflationary conditions (Japan) 2. Transition from supplier of world's reserve c...

I can't wait! :P @Tyler is The hero. But I would also like to point you to @brownehead and his carterapermanente.es (use google translate). It gives valuable information about the european peculiars of the PP. And there is also kind of a community hanging around. @Tyler on your site, it says "...