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Search found 211 matches
- Wed Jan 06, 2016 10:32 am
- Forum: Other Discussions
- Topic: Furthering my financial education
- Replies: 22
- Views: 11908
- Wed Jan 06, 2016 10:29 am
- Forum: Permanent Portfolio Discussion
- Topic: PP Hedge Fund
- Replies: 7
- Views: 5029
Re: PP Hedge Fund
Bridgewater's All Weather fund is one of the closest implementations of the PP although I never seen any mention of the PP or Harry Browne in any of the literature they've publicized.
- Tue Dec 08, 2015 1:20 pm
- Forum: Other Discussions
- Topic: Low-cost smart phone plans
- Replies: 35
- Views: 17853
Re: Low-cost smart phone plans
I use T-Mobile's $30/mo plan with 100 minutes and 5 GB of LTE data per month (in the US.) This works on any modern unlocked smartphone. You may need a Skype unlimited account (for about $3/mo) if you make a lot of calls. I tend to use Skype to make all of my outgoing calls and save my 100 minutes...
- Sun Dec 06, 2015 10:27 pm
- Forum: Other Discussions
- Topic: Low-cost smart phone plans
- Replies: 35
- Views: 17853
Re: Low-cost smart phone plans
I use T-Mobile's $30/mo plan with 100 minutes and 5 GB of LTE data per month (in the US.) This works on any modern unlocked smartphone. You may need a Skype unlimited account (for about $3/mo) if you make a lot of calls. I tend to use Skype to make all of my outgoing calls and save my 100 minutes ...
- Sun Dec 06, 2015 9:52 pm
- Forum: Permanent Portfolio Discussion
- Topic: Are you buying, holding, or selling the PP?
- Replies: 69
- Views: 29631
Re: Are you buying, holding, or selling the PP?
I'm considering switching my tax-exempt and tax-deferred accounts to a variation of Ray Dalio's All-Weather strategy (at least the versions he released to the public.) Risk parity might be a bit tax inefficient so I'm still sticking with the PP in my taxable accounts.
- Sun Dec 06, 2015 9:46 pm
- Forum: Permanent Portfolio Funds
- Topic: Proposal To Change This Section To "Other Lazy Portfolios"
- Replies: 29
- Views: 47547
Re: Proposal To Change This Section To "Other Lazy Portfolios"
Up to you guys.. I'm fine with either a separate forum or renaming this to "other lazy portfolios." The bottom line is, I'm far more interested in discussing other lazy asset allocations rather than the few PP funds out there.
- Wed Aug 26, 2015 9:09 am
- Forum: Other Discussions
- Topic: What's your Myers-Briggs type?
- Replies: 10
- Views: 5672
Re: What's your Myers-Briggs type?
INTP Boar
- Tue Aug 25, 2015 9:59 am
- Forum: Permanent Portfolio Discussion
- Topic: Speculative Rebalancing
- Replies: 20
- Views: 11751
Re: Speculative Rebalancing
I'll admit I sometimes engage in speculative rebalancing if the asset over 30% is overbought or under 20% is oversold.. but I'll still respect the rebalancing bands and manually rebalance at 15/35.
- Tue Aug 25, 2015 9:54 am
- Forum: Permanent Portfolio Discussion
- Topic: Why do you use the PP?
- Replies: 177
- Views: 74156
Re: Why do you use the PP?
IMO, the PP is the closest allocation I've seen to casting a completely neutral view on the economy. It sounds counter-intuitive but even going 100%, which seems like the default state for many people, is NOT a neutral view. In that case, you're betting that your cash will outperform all assets an...
- Tue Aug 25, 2015 9:40 am
- Forum: Permanent Portfolio Discussion
- Topic: Black Monday
- Replies: 79
- Views: 28037
Re: Black Monday
Just like the flash crash half a decade ago although the markets felt a bit more orderly on Monday than that fateful day.
- Tue Aug 25, 2015 9:39 am
- Forum: Permanent Portfolio Discussion
- Topic: Under what circumstances would Permanent Portfolio do poorly?
- Replies: 13
- Views: 6725
Re: Under what circumstances would Permanent Portfolio do poorly?
The scenario you're envisioning to was referred to as "tight money recession" by Harry Browne. During this time, stocks, bonds, and gold may all simultaneously decline. When this happens, it's not just the PP that suffers: everyone invested in anything not 100% cash gets burned in the sho...
- Mon Aug 24, 2015 9:01 pm
- Forum: Stocks
- Topic: Putting in sell stops below your stock ETFs
- Replies: 34
- Views: 20490
Re: Putting in sell stops below your stock ETFs
For your variable portfolio, stop losses make sense.
For the permanent portfolio assets, stop losses basically defeat the purpose.
For the permanent portfolio assets, stop losses basically defeat the purpose.
- Tue Dec 23, 2014 3:02 pm
- Forum: Bonds
- Topic: The Bond Dream Room
- Replies: 554
- Views: 368770
Re: The Bond Dream Room
Murphy's law: the day I make a contribution to my PP, some asset drops the ball.. this time, it's bonds (but thankfully, I added most of my contribution to gold since that was my most underweight asset and I was rebalancing from contributions.)
- Wed Dec 10, 2014 1:17 pm
- Forum: Permanent Portfolio Discussion
- Topic: How much do you keep in cash in a regular bank account?
- Replies: 28
- Views: 15236
Re: How much do you keep in cash in a regular bank account?
Usually anywhere between $1000 (absolute minimum) to $10,000 (absolute maximum, unless I have a big purchase coming up soon)
- Mon Dec 01, 2014 2:48 pm
- Forum: Gold
- Topic: The GOLD scream room
- Replies: 3693
- Views: 1773546
Re: The GOLD scream room
A nice bear trap set up on Friday.. shorts must be in a lot of pain today.
- Tue Nov 18, 2014 1:53 pm
- Forum: Other Discussions
- Topic: If each PP component were an RPG class..
- Replies: 2
- Views: 1870
If each PP component were an RPG class..
I'm thinking more along the lines of Warcraft classes but I guess you can generalize them to all RPGs. Stocks = Wizard/Mage: They can inflict a ton of damage but are also easily killed. LT Treasuries = Soldier: They can absorb a ton of damage and protect the mages against formidable foes. Cash/ST Tr...
- Thu Oct 23, 2014 9:36 am
- Forum: Permanent Portfolio Discussion
- Topic: PP or Buy a new House
- Replies: 49
- Views: 23525
Re: PP or Buy a new House
Use the NYTimes Buy/Rent Calculator: http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?abt=0002&abg=1 Enter something like 8-9% for your expected investment returns (avg PP returns), the annual rate of appreciation of your local real estate (could be anywhere from 5-10%), h...
- Thu Oct 23, 2014 9:30 am
- Forum: Permanent Portfolio Discussion
- Topic: Asset dependent rebalancing bands
- Replies: 11
- Views: 7636
Re: Asset dependent rebalancing bands
Cash will hit rebalancing bands more often than you think if you make regular contributions.. or what I usually do is just buy the most lagging asset each time.
- Thu Oct 23, 2014 9:16 am
- Forum: Gold
- Topic: Again with the old nonsense about gold being inedible!
- Replies: 11
- Views: 6773
Re: Again with the old nonsense about gold being inedible!
I'm open to engaging in an intelligent debate with Gold naysayers, but to hear the same old regurgitated excuses (like "you can't eat gold") leaves me quite disheartened.
- Wed Oct 15, 2014 3:14 pm
- Forum: Permanent Portfolio Discussion
- Topic: Why everyone needs a permanent portfolio
- Replies: 21
- Views: 8546
Re: Why everyone needs a permanent portfolio
I work for an investment firm so we have to disclose our personal trades to comply with the law. My boss had to remind me in recent days to disclose my trades and I told him I didn't make any. He's perplexed, saying it's suicidal not to go all cash now. ... I'd say give him a copy of the pp book...
- Mon Oct 13, 2014 4:15 pm
- Forum: Permanent Portfolio Discussion
- Topic: Why everyone needs a permanent portfolio
- Replies: 21
- Views: 8546
Re: Why everyone needs a permanent portfolio
Wow. That's also a good reminder that everyone needs to learn how to invest their own money and not blindly trust the "experts". [img width=400]http://mediacdn.snorgcontent.com/media/catalog/product/s/t/standbackkid_fullpic_artwork.jpg[/img] In an industry where most (though not all) &qu...
- Mon Oct 13, 2014 12:10 pm
- Forum: Permanent Portfolio Discussion
- Topic: USD Strength and the PP
- Replies: 25
- Views: 14502
Re: USD Strength and the PP
My "PP" implementation (if you can even call it a PP) is: 25% SPY and VTI 25% GLD 25% TLT 25% UUP (I intend to gradually phase UUP out to SHY as interest rates rise) Can you explain your thought process please? Instead of collecting negligible interest payments from SHY, I'd rather specul...
- Mon Oct 13, 2014 10:04 am
- Forum: Permanent Portfolio Discussion
- Topic: USD Strength and the PP
- Replies: 25
- Views: 14502
Re: USD Strength and the PP
My "PP" implementation (if you can even call it a PP) is:
25% SPY and VTI
25% GLD
25% TLT
25% UUP (I intend to gradually phase UUP out to SHY as interest rates rise)
25% SPY and VTI
25% GLD
25% TLT
25% UUP (I intend to gradually phase UUP out to SHY as interest rates rise)
- Mon Oct 13, 2014 9:13 am
- Forum: Permanent Portfolio Discussion
- Topic: Why everyone needs a permanent portfolio
- Replies: 21
- Views: 8546
Re: Why everyone needs a permanent portfolio
I work for an investment firm so we have to disclose our personal trades to comply with the law. My boss had to remind me in recent days to disclose my trades and I told him I didn't make any. He's perplexed, saying it's suicidal not to go all cash now. His words were something like "if you'...
- Mon Oct 13, 2014 8:57 am
- Forum: Permanent Portfolio Discussion
- Topic: Strategies for Compulsive Portfolio Checkers
- Replies: 30
- Views: 17264