PP at new high for the year...

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Cortopassi
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PP at new high for the year...

Post by Cortopassi » Fri Jun 02, 2017 12:06 pm

At least for me, with some GB variation/ Emerging Market (far and away the best) and silver in the mix.

Today is one of those good days where all are up!

Why the PP makes so much sense being diversified, vs. being in one of the categories below (like I used to be)

--Stock bears cannot believe the market continues to rise!
--Stock bulls, the fed will never let the market drop ever again!
--Bond bears are still befuddled why things haven't crashed!
--Bond bulls, plenty of upside compared to the rest of the world!
--Gold bears, it's a barbarous relic, dammit. Why does it continue to hang on?
--Gold bulls, why isn't it $10,000 with all the crap going on in the world?
--Cash bears, damn, where is that hyperinflation everyone has been talking about for a decade?
--Cash bulls, where else is the world going to put their money?

PP, thank you for a little piece of the action on each of these!
stuper1
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Re: PP at new high for the year...

Post by stuper1 » Fri Jun 02, 2017 1:23 pm

Great post. Well said.
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buddtholomew
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Re: PP at new high for the year...

Post by buddtholomew » Fri Jun 02, 2017 2:39 pm

First time my portfolio returns have exceeded my yearly income and it's June? I keep wanting to sell a portion to cash but I'm flush with that too. It feels easier to make money in the market than in Vegas and that's scary...
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Cortopassi
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Re: PP at new high for the year...

Post by Cortopassi » Fri Jun 02, 2017 2:53 pm

buddtholomew wrote:First time my portfolio returns have exceeded my yearly income and it's June? I keep wanting to sell a portion to cash but I'm flush with that too. It feels easier to make money in the market than in Vegas and that's scary...
Hmm, that could be a good trigger point. When a year happens that my PP gains equal my salary, look to retire! Hopefully those two lines don't cross when I'm 120.
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I Shrugged
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Re: PP at new high for the year...

Post by I Shrugged » Fri Jun 02, 2017 6:58 pm

We have been traveling for a while. I had not checked on our portfolio for at least a month. I was surprised to see how well it is doing. I guess I'll let the wife buy that tee shirt she wanted in the tourist shop.
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Desert
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Re: PP at new high for the year...

Post by Desert » Fri Jun 02, 2017 7:45 pm

I Shrugged wrote:We have been traveling for a while. I had not checked on our portfolio for at least a month. I was surprised to see how well it is doing. I guess I'll let the wife buy that tee shirt she wanted in the tourist shop.
:D
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ozzy
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Re: PP at new high for the year...

Post by ozzy » Fri Jun 02, 2017 10:53 pm

Yup, great post. Lovin' the returns so far this year!
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Cortopassi
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Re: PP at new high for the year...

Post by Cortopassi » Fri Jul 07, 2017 8:55 am

Drip Drip Drip, what a difference a month makes. Aargh.
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buddtholomew
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Re: PP at new high for the year...

Post by buddtholomew » Fri Jul 07, 2017 10:39 am

Yes, not the first time all assets go up and then down together with gold and bonds falling the most. I continue to add to losing asset/s as I want the protection that any one of them can deliver. So far, only stocks seem to hold up in all conditions ::)
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Re: PP at new high for the year...

Post by tarentola » Sat Jul 08, 2017 8:21 am

Same or worse in Europe. In mid-June my Euro PP was +2.2% since 1 Jan, now -0.6%. Not helped by the Euro's recent strength relative to the dollar (+3% in the last month). I suppose I should be buying, but I topped up gold and bonds back in June of course. The fortunes of war.
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buddtholomew
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Re: PP at new high for the year...

Post by buddtholomew » Sat Jul 08, 2017 12:18 pm

I'm ok to purchase gold and bonds when they decline, it's when they rise but not enough to require a rebalance and then fall that gives me anguish.

Again, last thing I want to do is sell to take a profit right when stocks start their decline.
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Re: PP at new high for the year...

Post by Don » Sun Jul 09, 2017 3:32 pm

What is the return of the portfolio for the year so far?
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