Gyroscopic Investing

Kriegsspiel wrote: ↑Fri Feb 19, 2021 5:15 pm One could say that while you were in the hospital you were confined to an iPadded room.

ONE *COULD* SAY THAT

Now that is funny

Per your post in the Rosenberg-LongBond thread about odds, do you have an ideal % for gold that you’re going to use for the time being? If I recall, you are of the opinion (and certainly not alone) that gold is no savior from inflation.

Have you considered just taking the loss and re-evaluating or are you still confident the PP is the path forward for you.

I will roll the dice that at some point either markets stumble or the fed starts some yield control

dualstow wrote: ↑Sun Feb 21, 2021 11:06 am Per your post in the Rosenberg-LongBond thread about odds, do you have an ideal % for gold that you’re going to use for the time being? If I recall, you are of the opinion (and certainly not alone) that gold is no savior from inflation.

I am more confident in gold than bonds..I have 25%

mathjak107 wrote: ↑Fri Feb 19, 2021 4:09 pm Very Good observation.

In the hospital I was stuck using my iPad day in and and day out ...it has auto type and auto fill of punctuation...when we got home from the hospital I couldn’t sit at the desk top much so I only used the iPad .

I became so comfortable using it and laying on the couch or from a recliner that I never went back to using the desktop...

Only issue is the auto type puts in words sometimes that I don’t catch that are pretty funny .

Very observant

I was thinking it was a very strange side effect of your Covid treatment. I guess it was in a way.

mathjak107 wrote: ↑Sun Feb 21, 2021 11:34 am

dualstow wrote: ↑Sun Feb 21, 2021 11:06 am Per your post in the Rosenberg-LongBond thread about odds, do you have an ideal % for gold that you’re going to use for the time being? If I recall, you are of the opinion (and certainly not alone) that gold is no savior from inflation.

I am more confident in gold than bonds..I have 25%

With 25% in gold and, per the Bond thread, 25% in long treasuries (17% of your pp+vp), your total is ironically more pp-ish than mine. Earlier, you said you were about 60% in cash. Does that mean you have very little left for stocks?

Still have over 1 million in cash after adding more Friday and bringing each component up to 600k .....but not all of it is for investing ....we keep two years spending money being retired outside of the pp cash as well as if prices come down we are entertaining buying a condo for cash in westchester.

Right now my investment is only the pp which is why it has been getting hit so hard dollar wise ....the daily on going compounding up or down has been pretty down since switching over compared to what I left to do the pp

Makes sense, thanks..

TLT still tankin'.

Unbelievable.

amdda01 wrote: ↑Mon Feb 22, 2021 8:32 am TLT still tankin'.

Unbelievable.

It is. Actually, I was thinking that PP is the perfect portfolio bleeding money at the moment. I will stick to my daily business and will stop checking my accounts. Will take an ostrich policy, at least for a while. Hear you in couple of months

I can’t remember, mj- have you ever bought TIPS?

I remember Craig and/or MediumTex saying they didn’t like the idea of buying inflation protection from the entity debasing the currency in the first place.

Kryptonite

Vil wrote: ↑Mon Feb 22, 2021 8:40 am

amdda01 wrote: ↑Mon Feb 22, 2021 8:32 am TLT still tankin'.

Unbelievable.

It is. Actually, I was thinking that PP is the perfect portfolio bleeding money at the moment. I will stick to my daily business and will stop checking my accounts. Will take an ostrich policy, at least for a while. Hear you in couple of months

I am not understanding this day trading mentality with regards to PP assets. I mean, I understand this thread topic has "daytrading" in it, but seriously, how would you guys ever survive an asset hitting a low % band for rebalancing without freaking out?

Gold is up nicely. TLT is actually positive now. Nasdaq is tanking now. So what....?

Cortopassi wrote: ↑Mon Feb 22, 2021 9:28 am

Vil wrote: ↑Mon Feb 22, 2021 8:40 am

amdda01 wrote: ↑Mon Feb 22, 2021 8:32 am TLT still tankin'.

Unbelievable.

It is. Actually, I was thinking that PP is the perfect portfolio bleeding money at the moment. I will stick to my daily business and will stop checking my accounts. Will take an ostrich policy, at least for a while. Hear you in couple of months

I am not understanding this day trading mentality with regards to PP assets. I mean, I understand this thread topic has "daytrading" in it, but seriously, how would you guys ever survive an asset hitting a low % band for rebalancing without freaking out?

Gold is up nicely. TLT is actually positive now. Nasdaq is tanking now. So what....?

When something is in a downward ski slope slide ,I find it near impossible to trade ....perhaps pros can capitalize on very tiny moves but when the bias is so strongly downward it is hard ....right now it is just a buy and hold for some event to shift it positive again over all

dualstow wrote: ↑Mon Feb 22, 2021 9:00 am I can’t remember, mj- have you ever bought TIPS?

I remember Craig and/or MediumTex saying they didn’t like the idea of buying inflation protection from the entity debasing the currency in the first place.

Once but at the time they lacked the lift on non tips

mathjak107 wrote: ↑Mon Feb 22, 2021 10:25 am

dualstow wrote: ↑Mon Feb 22, 2021 9:00 am I can’t remember, mj- have you ever bought TIPS?

I remember Craig and/or MediumTex saying they didn’t like the idea of buying inflation protection from the entity debasing the currency in the first place.

Once but at the time they lacked the lift on non tips

Your earlier response was “kryptonite” — meaning they’re the worst thing one can buy?

Cortopassi wrote: ↑Mon Feb 22, 2021 9:28 am I am not understanding this day trading mentality with regards to PP assets. I mean, I understand this thread topic has "daytrading" in it, but seriously, how would you guys ever survive an asset hitting a low % band for rebalancing without freaking out?

Well, I love to see the gyroscope being oriented towards the top right corner of the chart, not pointing to my belly ..

Joke apart, I have 95% in PP-ish portfolios now (1/3 USD and 2/3 EUR-hedged, both utilizing mid-term bonds). I am having 5% VP cash buffer to play around when using PP amounts as leverage (I know it sounds risky, but its not).

dualstow wrote: ↑Mon Feb 22, 2021 10:36 am

mathjak107 wrote: ↑Mon Feb 22, 2021 10:25 am

dualstow wrote: ↑Mon Feb 22, 2021 9:00 am I can’t remember, mj- have you ever bought TIPS?

I remember Craig and/or MediumTex saying they didn’t like the idea of buying inflation protection from the entity debasing the currency in the first place.

Once but at the time they lacked the lift on non tips

Your earlier response was “kryptonite” — meaning they’re the worst thing one can buy?

rising rates seem to be the kryptonite to the pp..... we only knew from a 40 year bull with some bumps ...we never really had a situation where rising rates may go on for an extended period of time and the low rates we saw may be gone forever in some of our lifetimes

Yields keep rising....

Certainly feels like there is no top in sight yet .. nasdaq down 300 and TLT Still falls deeper in a hole

Could it be , Tlt up ,gold up when stocks down ?...I am shocked. Lol.

Let’s see by the close

Seriously...
TLT matching SPY to the downside.
Thinking SDS (-2x SPY) is a better hedge than TLT

That didn’t take long .

The bell rang and tlt ,gold and stocks are all down..you gotta love when three groups move down together ..

mathjak107 wrote: ↑Tue Feb 23, 2021 8:32 am That didn’t take long .

The bell rang and tlt ,gold and stocks are all down..you gotta love when three groups move down together ..

I’m still purchasing so I would appreciate low prices.