Search found 1416 matches
- Fri Oct 22, 2010 3:53 pm
- Forum: Other Discussions
- Topic: Harry Browne's REAL Message to Humanity
- Replies: 19
- Views: 8501
Re: Harry Browne's REAL Message to Humanity
Outstanding post. I can't add much beyond saying that I noticed the same themes but never put them into words (particularly not words this elegant or succinct.) Both the Permanent Portfolio and "Freedom in an Unfree World" demonstrate that you can gain both profit and peace of mind in th...
- Wed Oct 20, 2010 2:58 pm
- Forum: Other Discussions
- Topic: Bogleheads PP Thread Locked
- Replies: 21
- Views: 12979
Re: Bogleheads PP Thread Locked
Bummer! I'd like to think that I'd have still found my way to the Permanent Portfolio without the material in that thread. In all honesty, though, I seriously doubt it. It got over a million views before they finally turned out the lights! Incredible. It makes me a little dizzy to think that my ...
- Wed Oct 20, 2010 9:07 am
- Forum: Permanent Portfolio Discussion
- Topic: PP poll on BH
- Replies: 11
- Views: 5831
Re: PP poll on BH
It's very interesting watching Rick Ferri (IMO a very smart guy) more or less fumble around trying to understand the basics of the PP concept (again, IMO.) Like foglifer said, the Permanent Portfolio isn't just gold or just stocks or just long-term treasuries (none of which I'd stake my retirement ...
- Mon Oct 18, 2010 1:39 pm
- Forum: Gold
- Topic: Commodities
- Replies: 6
- Views: 4802
Re: Commodities
You may very well be making a good prediction, but it's one that seems best suited for the Variable Portfolio. A good rule of thumb is that if you are acting on a prediction in your Permanent Portfolio, you are no longer treating it like a "Permanent Portfolio". Speculation is a fine thi...
- Mon Oct 18, 2010 1:29 pm
- Forum: Stocks
- Topic: PP Stock Allocation
- Replies: 14
- Views: 10391
Re: PP Stock Allocation
Fascinating followup, MeDebtFree. Thank you for posting it.
- Wed Oct 06, 2010 9:25 am
- Forum: Gold
- Topic: The Funny Thing About This Gold Rally
- Replies: 18
- Views: 10305
Re: The Funny Thing About This Gold Rally
I couldn't agree more. I'd long thought of gold as an extremely powerful investment but its volatility and history of long, deep slumps made me feel faint every time I considered it seriously. Powerful but scary as hell -- like some kind of chainsaw that was all blades and no handle. Until I disc...
- Wed Oct 06, 2010 8:10 am
- Forum: Permanent Portfolio Discussion
- Topic: Advice before deployment
- Replies: 1
- Views: 2851
Re: Advice before deployment
This certainly looks like a nice setup to me. I actually have such a high % of my net worth in the PP that the long-term bonds fill up my entire tax-deferred space, so I think your setup (including some SHY and just enough gold for one tax-deferred rebalance) is superior to what I've got. I like t...
- Wed Sep 22, 2010 6:01 am
- Forum: Permanent Portfolio Discussion
- Topic: The value of "stale" investment shows
- Replies: 2
- Views: 2931
Re: The value of "stale" investment shows
Nice, that sounds like an illuminating experiment. It might be the case that all investment shows are more valuable a little "stale". The good concepts will stand the test of time. The picks, however, will probably seem mostly awful, occasionally lucky, or exercises in entirely missing ...
- Wed Sep 22, 2010 5:51 am
- Forum: Permanent Portfolio Discussion
- Topic: PRPFX + 10% Long Term Treasuries = Good Alternative?
- Replies: 1
- Views: 2791
Re: PRPFX + 10% Long Term Treasuries = Good Alternative?
MediumTex came up with the idea of using 10% EDV and 90% PRPFX. EDV invests in long-term zero-coupon treasuries, and thus has even more volatility than TLT. He figured out that the extra volatility makes it an even better counterweight for PRPFX's light long-term bond holdings. Zero-coupon treasu...
- Tue Sep 21, 2010 5:58 pm
- Forum: Permanent Portfolio Discussion
- Topic: New Permanent Portfolio Charts
- Replies: 5
- Views: 6483
Re: New Permanent Portfolio Charts
Good info, Gumby! The consistency is pretty amazing. It's almost scary that when you look at the full 1970-present day graph that you can barely even see any evidence of 2008. (I assure you that my portfolio at the time contained plenty of evidence that 2008 happened.) I know that it's not a fant...
- Tue Sep 21, 2010 9:26 am
- Forum: Permanent Portfolio Discussion
- Topic: The value of "stale" investment shows
- Replies: 2
- Views: 2931
The value of "stale" investment shows
Harry Browne's investment radio shows are all now 5-6 years old. By most standards, this ought to mean that they must be filled with outdated information and therefore of virtually no value. However, as I'm sure anyone who has given these old shows a listen would agree, the material is not only in...
- Sat Sep 18, 2010 8:21 am
- Forum: Gold
- Topic: Gold Tax Strategies
- Replies: 12
- Views: 11124
Re: Gold Tax Strategies
Thanks, good to hear that it's not an excessively scary process. Those both sound like handy resources if they are not too much trouble to post up! On the net asset value premium, I was able to get comfortable with "what" it was but could never quite wrap my mind around the "why"...
- Thu Sep 16, 2010 10:20 pm
- Forum: Gold
- Topic: Gold Tax Strategies
- Replies: 12
- Views: 11124
Re: Gold Tax Strategies
My gold tax stategy is: I hold about 7% in physical bullion and the rest to make it a 25% allocation I use GTU , I fill out the proper paper work: form 8621 along with updated attachment to form 8621 I elect To treat the PFIC as a QEF. I file this with my income tax and when it comes time to pay t...
- Thu Aug 19, 2010 9:50 am
- Forum: Gold
- Topic: Gold Tax Strategies
- Replies: 12
- Views: 11124
Re: Gold Tax Strategies
Adopting the PP strategy may be one of the smartest investment moves you will ever make. Smarter than investing nearly 100% in equities and getting my butt kicked up around my shoulders in 2001 and 2008? The deuce you say! :) In my defense, I was a baby when I started down that path and that's wh...
- Wed Aug 18, 2010 11:32 pm
- Forum: Gold
- Topic: Gold Tax Strategies
- Replies: 12
- Views: 11124
Re: Gold Tax Strategies
Thanks gentlemen, these answers really help! I have to keep this in proper perspective. It's not like I'll be cashing out big jangling bags of Krugerrands every 3 months and watching 28% of my profits go up in smoke. So long as gold isn't going to the moon, I can let it do what it does best -- ac...
- Wed Aug 18, 2010 5:24 pm
- Forum: Gold
- Topic: Gold Tax Strategies
- Replies: 12
- Views: 11124
Gold Tax Strategies
I have to start off by thanking craigr for this excellent forum. Studying the Permanent Portfolio has been a most eye-opening experience. Along with Harry Browne's original book, this forum and your website have been tremendous resources for me. The whole thing has been damn exciting. I've manage...