Discussion of the Bond portion of the Permanent Portfolio
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modeljc
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by modeljc » Fri Jul 18, 2014 4:14 pm
Desert wrote:
A great thread title!
Who would have thought bonds would be ruling the roost this year. I thought rates had nowhere to go but up.
Check out the poll on TLT:
http://gyroscopicinvesting.com/forum/bo ... /#msg88412
I been wrong and several others! The future is very unpredictable.
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AdamA
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by AdamA » Fri Jul 18, 2014 7:59 pm
I'm glad someone made a "bond dream room."
Go bonds!
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rickb
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by rickb » Fri Jul 18, 2014 11:29 pm
I misread it as "Blond Dream Room".
Imagine my disappointment.
I would very much enjoy reading about blonds' dreams. OTOH, I strongly suspect Reub is not the kind of blond whose dreams I'd like to read about.
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dragoncar
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by dragoncar » Sat Jul 19, 2014 2:44 am
rickb wrote:
I misread it as "Blond Dream Room".
Imagine my disappointment.
I would very much enjoy reading about blonds' dreams. OTOH, I strongly suspect Reub is not the kind of blond whose dreams I'd like to read about.
How do you think a female would take your comment?
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rickb
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by rickb » Sat Jul 19, 2014 1:09 pm
dragoncar wrote:
rickb wrote:
I misread it as "Blond Dream Room".
Imagine my disappointment.
I would very much enjoy reading about blonds' dreams. OTOH, I strongly suspect Reub is not the kind of blond whose dreams I'd like to read about.
How do you think a female would take your comment?
You're obviously referring to this thread
http://gyroscopicinvesting.com/forum/ot ... the-forum/ where I'm asking what women think about the forum.
Read my post here again.
It's clearly a joke. But the joke isn't that I was hoping to find a thread full of dreams
about blonds, but rather a thread where blonds would post
their dreams. Perhaps too subtle, but I'm turning the "dumb blond" stereotype inside out.
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Reub
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by Reub » Sat Jul 19, 2014 4:50 pm
rickb wrote:
I misread it as "Blond Dream Room".
Imagine my disappointment.
I would very much enjoy reading about blonds' dreams. OTOH, I strongly suspect Reub is not the kind of blond whose dreams I'd like to read about.
Stay out of my dreams, rickb!
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Reub
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by Reub » Thu Aug 14, 2014 8:16 pm
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
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dualstow
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by dualstow » Thu Aug 14, 2014 8:53 pm
Reub wrote:
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
Yep. TLT breached 116. It's nice to see blue instead of red on the bond part of my google spreadsheet.
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dualstow
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by dualstow » Fri Aug 15, 2014 4:25 am
This morning was also my big bond interest payday, whoo-hoo!
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dualstow
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by dualstow » Fri Aug 15, 2014 9:32 am
dualstow wrote:
Reub wrote:
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
Yep. TLT breached 116. It's nice to see blue instead of red on the bond part of my google spreadsheet.
...make that 117.
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dualstow
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by dualstow » Fri Aug 15, 2014 9:59 am
Whoa, I'm going to stop counting out loud now that it's 118.
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Reub
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by Reub » Fri Aug 15, 2014 6:12 pm
Again, without my discovery of the PP I never would have invested a cent in long term treasuries....so thank you, craigr MT and, of course, Harry Browne!
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dualstow
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by dualstow » Wed Oct 01, 2014 2:31 pm
For those of you not looking, but reading this forum, TLT's doing its thing today.
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buddtholomew
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by buddtholomew » Wed Oct 01, 2014 4:19 pm
Remarkable performance (take a bow)...TLT up 1.94% and it paid a .28 cents per share dividend.
30-year yield at 3.09%. Gold perked up a little, but then went back to sleep
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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dualstow
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by dualstow » Wed Oct 01, 2014 5:55 pm
buddtholomew wrote:
Remarkable performance ...TLT up 1.94%
vs the S&P dropping 1.32%. That's the part I like, not that it works out so splendidly every day.
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Reub
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by Reub » Sat Oct 11, 2014 3:55 pm
Ltt's are still saving the day. This is a great advantage over the BH portfolio.
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buddtholomew
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by buddtholomew » Sat Oct 11, 2014 4:17 pm
Reub wrote:
Ltt's are still saving the day. This is a great advantage over the BH portfolio.
Keep in mind that the PP invests in a barbell strategy (50% CASH/50% LTT's), which isn't dramatically different from a BH portfolio invested conservatively (FI traditionally invested in a bullet strategy). The 50/50 allocation has a higher overall duration and should benefit from a parallel yield decline across the curve.
I do however appreciate the benefits of owning a longer duration fixed income investment when yields are declining
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Bean
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by Bean » Sat Oct 11, 2014 11:54 pm
Is the next question we start asking going to be are 1% 30 year rates in the cards?
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dualstow
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by dualstow » Wed Oct 15, 2014 8:05 am
Wow, is TLT really set to open at $124 a share? Wow!
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iwealth
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by iwealth » Wed Oct 15, 2014 8:59 am
Hit $127.68! Amazing morning all around if you like watching volatility in action.
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moda0306
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by moda0306 » Wed Oct 15, 2014 9:14 am
Must have been another round of QE manipulating the market...
Oh, wait.
I love when LTT's go on a tear.
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goodasgold
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by goodasgold » Wed Oct 15, 2014 9:22 am
Helluva spike on gold this morning, too.
Go, PP! (A nice semi-permanent rise in gold would be welcome, especially considering I bought most of my yellow stuff holdings in Jan. 2013.)
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Lowe
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by Lowe » Wed Oct 15, 2014 12:49 pm
Finally my bonds are helping me. Come on flight-to-safety. Just hope the stocks don't crash.
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iwealth
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by iwealth » Wed Oct 15, 2014 2:31 pm
Such a remarkable day..
Nearly 6 point range in SPY, 5.5 point range in TLT, GLD relatively tame. Small caps (IWM) are up w/ the Dow down 200.
Counter-intuitively, this stuff makes me want to day trade
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Reub
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by Reub » Wed Oct 15, 2014 3:14 pm
Lowe wrote:
Finally my bonds are helping me. Come on flight-to-safety. Just hope the stocks don't crash.
Finally your bonds are helping you? They have been helping you all year.