Permanent Portfolio Forum
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https://www.gyroscopicinvesting.com/forum/viewtopic.php?t=9760
This post didn't age well......just goes to show you why you can't time the market.buddtholomew wrote: ↑Tue Nov 27, 2018 10:14 am At least they don’t own Gold...much smarter.
I wonder whether Gold or LTT’s will win the worst performing PP investment of the year..
Yay PP
You can’t but the PP still sucks ass...what a piece of junk...if you’re looking at my post history why not find the post that says the PP will not work when push comes to shove. Your precious Gold and LTT’s are still down YTD and up a shitty 1% and .45 respectively today with DOW down 600. Remember stocks are up 300% since 2008/9. PP will never make up the difference, EVER.finster869 wrote: ↑Mon Dec 24, 2018 11:50 amThis post didn't age well......just goes to show you why you can't time the market.buddtholomew wrote: ↑Tue Nov 27, 2018 10:14 am At least they don’t own Gold...much smarter.
I wonder whether Gold or LTT’s will win the worst performing PP investment of the year..
Yay PP
LOL...some people will never learn..poor bastard.Kbg wrote: ↑Mon Dec 24, 2018 12:11 pm LOL, Budd is back. Fact time...
SPY down 8.89% this year and down 17.12 since October first...
Meanwhile PP down 3.65 for the year and 1.65 since 10/1
And just to make the point crystal clear...since 10/1 GLD up 5.54 and TLT up 4.13%
After today, the stats get even better for the PP.
Oh my gosh...the PP is working as advertised. If the stock bear market continues my guess is board activity will pick up with new folks finding their way here.
Of note...I did a rebalance and bought more TQQQ in my VP PP.
Now, lest no one be surprised...whenever stocks resume a bull market, the PP is going to under perform.
And Budd, this tip just for you. When you think the bear bottom is in, rotate out of gold. Not advised until then.
Merry Chistmas Budd,buddtholomew wrote: ↑Mon Dec 24, 2018 12:32 pmLOL...some people will never learn..poor bastard.Kbg wrote: ↑Mon Dec 24, 2018 12:11 pm LOL, Budd is back. Fact time...
SPY down 8.89% this year and down 17.12 since October first...
Meanwhile PP down 3.65 for the year and 1.65 since 10/1
And just to make the point crystal clear...since 10/1 GLD up 5.54 and TLT up 4.13%
After today, the stats get even better for the PP.
Oh my gosh...the PP is working as advertised. If the stock bear market continues my guess is board activity will pick up with new folks finding their way here.
Of note...I did a rebalance and bought more TQQQ in my VP PP.
Now, lest no one be surprised...whenever stocks resume a bull market, the PP is going to under perform.
And Budd, this tip just for you. When you think the bear bottom is in, rotate out of gold. Not advised until then.
Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.buddtholomew wrote: ↑Mon Dec 24, 2018 4:23 pm I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.
I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.
Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.
5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.
Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.
Merry Christmas - target allocation is 35/15/15/35.modeljc wrote: ↑Mon Dec 24, 2018 5:42 pmGlad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.buddtholomew wrote: ↑Mon Dec 24, 2018 4:23 pm I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.
I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.
Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.
5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.
Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.
Merry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.buddtholomew wrote: ↑Mon Dec 24, 2018 6:05 pmMerry Christmas - target allocation is 35/15/15/35.modeljc wrote: ↑Mon Dec 24, 2018 5:42 pmGlad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.buddtholomew wrote: ↑Mon Dec 24, 2018 4:23 pm I’m sticking to the plan and moving from 25/25/15/35 to 35/15/15/35 and am currently 30/17.5/17.5/35.
I TLH Gold and offset gains in SCV (IJS)
I then bought SC Blend (IJR) to move closer to 35%
Definitely have felt the pain in stocks as IJR is down 6% since that purchase.
Basically, sold some gold and put in stocks and LTT’s.
Not that concerned that I missed some gold gains as some went to LTT’s to mitigate.
5% went to stocks with the intent of including more equities going forward. It’s a crapshoot but I feel better having slightly less gold, more stocks and LTT’s.
Still wishing we either see a strong stock recovery or Gold/LTT’s catch a bid. Would like to rebalance from either of these into stocks.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.
Thanks for the recommendation and I agree.modeljc wrote: ↑Tue Dec 25, 2018 9:04 amMerry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.buddtholomew wrote: ↑Mon Dec 24, 2018 6:05 pmMerry Christmas - target allocation is 35/15/15/35.modeljc wrote: ↑Mon Dec 24, 2018 5:42 pm
Glad you are still around! I will ask again: What is your final allocation if you catch a good bid on Gold/LTT's. It just for now! You can change it. Can you help us all with the Budd allocation. I'm 81 so I pass. But if your have 20 years to invest let me have it. Last time to ask.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.
I'm really hoping you stick around the forums, budd!buddtholomew wrote: ↑Tue Dec 25, 2018 9:49 amThanks for the recommendation and I agree.modeljc wrote: ↑Tue Dec 25, 2018 9:04 amMerry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.buddtholomew wrote: ↑Mon Dec 24, 2018 6:05 pm
Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.
Will continue to hold a 70/30 equity/bond allocation in retirement accounts.
I am not overly concerned with the high allocation to cash (35%) as it is balanced with 15% in LTT’s for a 5.6 year blended duration (similar to total bond market index).
The question is whether I have the fortitude to rebalance into stocks if they fall further from here to ultimately reach the 35% target allocation (currently 30%). Performance in Gold and/or LTT’s will play a factor in the decision.
I love the 5.6 year Bond duration as I believe that rates and inflation will work higher over the next 10 years. It not that hard to believe 4 or 5% inflation at some point in time. It just a guess but I could sleep very well with that duration.buddtholomew wrote: ↑Tue Dec 25, 2018 9:49 amThanks for the recommendation and I agree.modeljc wrote: ↑Tue Dec 25, 2018 9:04 amMerry Christmas. Thanks If I was a little younger I would go at least 40% prosperity as cash does not return full value a lot of the time.buddtholomew wrote: ↑Mon Dec 24, 2018 6:05 pm
Merry Christmas - target allocation is 35/15/15/35.
A little more prosperity and cash, a little less gold and LTT’s. I think I can follow this allocation without much regret.
Will continue to hold a 70/30 equity/bond allocation in retirement accounts.
I am not overly concerned with the high allocation to cash (35%) as it is balanced with 15% in LTT’s for a 5.6 year blended duration (similar to total bond market index).
The question is whether I have the fortitude to rebalance into stocks if they fall further from here to ultimately reach the 35% target allocation (currently 30%). Performance in Gold and/or LTT’s will play a factor in the decision.
Perfectly sensible allocation but I did notice you mentioned 35/15/15/35 earlier which is also very sensible. Spend some time on portfolio visualizer to see how they differ in performance (I doubt much really) and go with what you feel best with...and thenbuddtholomew wrote: ↑Thu Dec 27, 2018 8:15 am Stocks are now about where I feel comfortable 30/17.5/17.5/35. Retirement accounts still 70/30. Done for 2018.
Correct; was on my way to 35/15/15/35 but will stay at 30/17.5/17.5/35 for now. With tighter Gold/LTT’s rebalance bands, my hope is to rebalance out of these assets and move closer towards the 35% stock target. No offense taken Kbg and thanks for the kick in the tochas.Kbg wrote: ↑Thu Dec 27, 2018 10:41 amPerfectly sensible allocation but I did notice you mentioned 35/15/15/35 earlier which is also very sensible. Spend some time on portfolio visualizer to see how they differ in performance (I doubt much really) and go with what you feel best with...and thenbuddtholomew wrote: ↑Thu Dec 27, 2018 8:15 am Stocks are now about where I feel comfortable 30/17.5/17.5/35. Retirement accounts still 70/30. Done for 2018.
https://www.youtube.com/watch?v=d-diB65scQU
While I've been picking on you a bit as of late, nothing personal, just felt you needed to make a decision. Have prosperous new year!
Fair enough.
So are you celebrating the other eleven days, beside the partridge and turtledoves and whatnot?Well, the tree is up, the house is decorated, the outside lights are up until the Epiphany. And on Sunday we'll be singing all the Christmas songs at church.