Search found 264 matches

by steve
Fri Jun 29, 2012 7:16 am
Forum: Gold
Topic: Commodities discussion on Bogleheads
Replies: 16
Views: 7713

Re: Commodities discussion on Bogleheads

They have a lot of really good discussions over there and I have learned a lot from some of the posters. It just seems like a crowded and relatively unimaginative place with a few loud voices that don't seem capable of revising their views no matter how much evidence is presented to them. There are...
by steve
Thu Jun 28, 2012 11:40 am
Forum: Gold
Topic: Commodities discussion on Bogleheads
Replies: 16
Views: 7713

Re: Commodities discussion on Bogleheads

What I find hard to understand is the concept of gold having no real return: If I buy an ounce of gold for $800  and sell it for $1600 is the additional $800 that I now have real or not?  Saying gold does not produce anything is just not true in my opinion, it can produce an increase in value in my ...
by steve
Sat Jun 16, 2012 3:56 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Templates
Replies: 19
Views: 13979

Re: Permanent Portfolio Google Doc

Obviously hah. It wouldn't make sense otherwise. The more experienced PPers on here probably won't have to use this or they'll have much more refined versions of this. I'm still quite new to the PP and I made this for entry-level people that wanted a kickstart to their own investing spreadsheets. I...
by steve
Sat Jun 16, 2012 3:31 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio Templates
Replies: 19
Views: 13979

Re: Permanent Portfolio Google Doc

Hehe, you made the gold yellow and the cash green, same as I did in my spreadsheet. This looks great! Obviously hah. It wouldn't make sense otherwise. The more experienced PPers on here probably won't have to use this or they'll have much more refined versions of this. I'm still quite new to the PP...
by steve
Fri Jun 15, 2012 2:48 pm
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

Which ones are better? I currently use TurboTax and would love to get more and pay less!  ;D I use Taxact Is that just due to personal preference or did you have reasonings for using Taxact over TurboTax. Such as Taxact catches deductions that TurboTax doesn't, etc. When I experimented with differe...
by steve
Fri Jun 15, 2012 1:26 pm
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

Wow, TaxAct is a ton cheaper. Can it file form 8938 for you too? If so, I'm a convert. If you have a referral code or something, I'd love to throw a kickback your way. Taxact can e file form 8938 for you, that started this past year. I have been a taxact deluxe user for years.. before I experimente...
by steve
Fri Jun 15, 2012 1:02 pm
Forum: Gold
Topic: Poll: What Percentage of Physical Bullion do you hold?
Replies: 26
Views: 13403

Re: Poll: What Percentage of Physical Bullion do you hold?

My total portfolio is PP  I hold approx 1/3 of my Gold in bullion 1oz bars. and the rest GTU.
by steve
Fri Jun 15, 2012 12:53 pm
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

Pointedstick wrote: Which ones are better? I currently use TurboTax and would love to get more and pay less!  ;D

I use Taxact
by steve
Fri Jun 15, 2012 8:07 am
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

I'm wondering if you can do a hybrid approach at all of sending in your tax returns by e file for everything else and stating something in the e file about the other form. Then, mailing in the 8621 form and anything else monetary-wise to pay for any capital gains, etc. I'm pretty sure the answer is...
by steve
Thu Jun 14, 2012 10:55 am
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

Many thanks for the knowledge. I guess I've just gotten used to e file with TurboTax each year. I'm wondering if you can do a hybrid approach at all of sending in your tax returns by e file for everything else and stating something in the e file about the other form. Then, mailing in the 8621 form ...
by steve
Thu Jun 14, 2012 6:53 am
Forum: Permanent Portfolio Discussion
Topic: Does anyone here use a financial adviser?
Replies: 23
Views: 9715

Re: Does anyone here use a financial adviser?

I remember the first time I read about the PP.  I thought to myself "Whoa, there's no way I could ever do that.  That doesn't even make any sense." The first time I read about the PP it made perfect sense and I knew I wanted to do it, the only thing that slowed me down was that I still lo...
by steve
Thu Jun 14, 2012 6:44 am
Forum: Gold
Topic: GTU and taxes
Replies: 34
Views: 22150

Re: GTU and taxes

I think this has been touched on before here but I use TurboTax for tax purposes. I read something on here about not being able to e-file if you're having to fill out the form for reclassifying GTU for Long-term Capital Gains? Is this correct? If it is, I might be discouraged a bit from using GTU f...
by steve
Tue Jun 12, 2012 6:59 am
Forum: Bonds
Topic: ETF Alternatives at Vanguard, how do they compare?
Replies: 3
Views: 3267

Re: ETF Alternatives at Vanguard, how do they compare?

There is nothing wrong with doing something like a 50%/50% VGLT/EDV allocation within the PP's 25% LT treasury piece. There is, however, the potential here to come up with a solution that is more complicated than the problem, but I don't know why it wouldn't work. When rebalancing the whole portfol...
by steve
Fri Jun 08, 2012 11:22 am
Forum: Gold
Topic: Physical gold and taxes
Replies: 34
Views: 18206

Re: Physical gold and taxes

I really don't think I would mess with any kind of gold fund for gold fund switch in order to avoid the 31 day wash sale requirement. I'm sure lots of people do this sort of thing, and I'm sure that most of them never get caught.  I just don't like this kind of thing myself.  The IRS would almost c...
by steve
Wed May 23, 2012 2:29 pm
Forum: Gold
Topic: GTU Discount
Replies: 41
Views: 24297

Re: GTU Discount

according to my calculations GTU is trading at a discount (3:28pm wed) about  -1.6% now
spot gold 1561
GTU last trade 57.2
by steve
Sat May 19, 2012 6:19 am
Forum: Bonds
Topic: 30 Year Treasury Rate at 2.80%
Replies: 75
Views: 35477

Re: 30 Year Treasury Rate at 2.80%

So...hello EDV, welcome to my portfolio. Sophie-- Careful with EDV.  It's good to add it to PRPFX as you described, but if you hold it in a taxable account, make sure you understand the tax ramifications.  An alternative to EDV is to keep some cash handy and try buying the dips.  It's not very scie...
by steve
Fri May 18, 2012 7:13 pm
Forum: Permanent Portfolio Discussion
Topic: An Attack on the PP and Craig R
Replies: 38
Views: 20207

Re: An Attack on the PP and Craig R

When I first read Fail Safe Investing it made sense to me, my wife also was in total agreement. We knew that the PP was for us. So its simple we follow it, if you don't like it invest how you want. When I found Craig R crawling road site and now this site I also found a place where I feel at home.  ...
by steve
Fri May 18, 2012 6:14 am
Forum: Bonds
Topic: 30 Year Treasury Rate at 2.80%
Replies: 75
Views: 35477

Re: 30 Year Treasury Rate at 2.80%

Every "expert" that I hear on TV and radio has been saying that LTT's are a reckless and dangerous investment and they have all been wrong. A while back I called in to the Renzy wealth radio show to talk about the PP  he was saying that you should not hold long term bonds, because they we...
by steve
Tue May 15, 2012 7:26 am
Forum: Permanent Portfolio Discussion
Topic: 2012 performance
Replies: 257
Views: 74501

Re: 2012 performance

Back to the topic: Looking at my 2012 year to date this morning May 15 2012 I am plus 1.46% everyones results should be slightly different depending on last rebalance and individual holdings for example bond holdings. my last rebalance was End of Jan 2011 I hold TLT,VGLT,EDV for Bonds they now =29.2...
by steve
Tue May 15, 2012 7:03 am
Forum: Gold
Topic: GTU Discount
Replies: 41
Views: 24297

Re: GTU Discount

This may be a good time to buy some. I am not a big fan of closed ended funds for the gold part of the PP. The premium can severely distort your returns in either direction. On the other hand if your looking to lay down a speculative bet on gold this could be a good time to buy. But I would confine...
by steve
Tue May 15, 2012 6:35 am
Forum: Gold
Topic: GTU Discount
Replies: 41
Views: 24297

Re: GTU Discount

GTU (Central Gold Trust of Canada) is a closed-end fund that usually trades at a premium to NAV.  It briefly traded at a discount to NAV this morning, and has been trading at a premium of less than 1% for a couple of days. Is there a better way than using a manual spreadsheet to monitor the NAV and...
by steve
Fri May 04, 2012 2:10 pm
Forum: Gold
Topic: blanchard to buy gold coins
Replies: 11
Views: 4547

Re: blanchard to buy gold coins

When its time to sell what  how much less than spot should i look for 3-5%? have you guys sold back to these online gold shops?  how was the  experience? Buying seems straight forward, but selling makes me uneasy.  sending a box of gold coins worth alot of money back to the online shop. what recour...
by steve
Wed May 02, 2012 4:47 pm
Forum: Permanent Portfolio Discussion
Topic: 2012 performance
Replies: 257
Views: 74501

Re: 2012 performance

My Canadian pp (with some US asset) is down more than 3% since I started in two months ago. I expected some downside risk but not this much in a short period time. :(  I guess it was a good thing I put in only half of my money but it is pretty discouraging and I wonder if I should invest the rest i...
by steve
Mon Apr 30, 2012 9:55 pm
Forum: Permanent Portfolio Discussion
Topic: Im NEW and STUPID......
Replies: 28
Views: 14167

Re: Im NEW and STUPID......

steve, thanks, just filled it with my info, that works nice. Here is another new and stupid question.  I have an automatic investment set up every week going towards our IRA, should I just continue this and divide it among each asset class in my PP and then rebalance once or twice a year? Is that w...
by steve
Mon Apr 30, 2012 1:28 pm
Forum: Gold
Topic: Overseas Gold ETFs and Geographic Diversifcation
Replies: 52
Views: 16159

Re: Overseas Gold ETFs and Geographic Diversifcation

Kitco’s Canadian Allocated Storage program
http://www.kitco.com/cas/

Has anyone looked into this?  What is the best way to store gold for Geographic Diversifcation?