Discussion of the Gold portion of the Permanent Portfolio
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ochotona
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by ochotona Thu Apr 12, 2018 10:04 pm
dualstow wrote: ochotona wrote: Schwab just published a note to clients suggesting as much as 9% of a portfolio could be devoted to gold. I've never heard that from them before.
Did they give a reason for that (maximum) percentage?
No reason given. Here's the article:
https://www.schwab.com/resource-center/ ... cmp=em-QYD
Libertarian666
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by Libertarian666 Thu Apr 19, 2018 12:55 pm
dualstow wrote: ochotona wrote: Schwab just published a note to clients suggesting as much as 9% of a portfolio could be devoted to gold. I've never heard that from them before.
Did they give a reason for that (maximum) percentage?
It's less than 10%?
ochotona
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by ochotona Thu Apr 19, 2018 5:00 pm
9% is huge for Schwab
dualstow
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by dualstow Thu Apr 19, 2018 7:42 pm
Yeah, it does seem large for Schwab. I've never used them, but I grew up knowing who Charles Schwab was and just associate them with stocks.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
ochotona
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by ochotona Wed May 02, 2018 6:11 am
Buy the dip?
buddtholomew
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by buddtholomew Wed May 09, 2018 12:33 pm
Desert wrote: ↑ Tue May 08, 2018 9:52 pm ochotona wrote: ↑ Thu Apr 19, 2018 5:00 pm
9% is huge for Schwab
I wonder if it would be ok to round up to 10%.....
It’s actually 9.99% pure Au
Xan
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by Xan Wed May 09, 2018 9:05 pm
Desert wrote: ↑ Wed May 09, 2018 8:46 pm buddtholomew wrote: ↑ Wed May 09, 2018 12:33 pm Desert wrote: ↑ Tue May 08, 2018 9:52 pm
I wonder if it would be ok to round up to 10%.....
It’s actually 9.99% pure Au
Mine's 99 44/100% pure.
ochotona
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by ochotona Sat May 12, 2018 8:09 pm
Honest to God, I don't even remember this conversation, but I logged it in Facebook on 5/7/2011
buddtholomew
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by buddtholomew Mon May 14, 2018 2:29 pm
Cortopassi wrote: ↑ Mon May 14, 2018 1:32 pm
I am officially past gold. Silly cliff dive charts like this don't even bother me anymore. It's just another asset.
The less you hold the easier it becomes
Tyler
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by Tyler Mon May 14, 2018 11:39 pm
Cortopassi wrote: ↑ Mon May 14, 2018 1:32 pm
I am officially past gold. Silly cliff dive charts like this don't even bother me anymore. It's just another asset.
Rule #1 of chart analysis: Check the scale.
Cortopassi
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by Cortopassi Tue May 15, 2018 7:52 am
Tyler wrote: ↑ Mon May 14, 2018 11:39 pm Cortopassi wrote: ↑ Mon May 14, 2018 1:32 pm
I am officially past gold. Silly cliff dive charts like this don't even bother me anymore. It's just another asset.
Rule #1 of chart analysis: Check the scale.
Of course! Unfortunately I need to add this. Looks like gold is going sub 1300 yet again. How many years now???
buddtholomew
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by buddtholomew Tue May 15, 2018 8:46 am
This portfolio is terrible.
buddtholomew
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by buddtholomew Tue May 15, 2018 9:08 am
Cortopassi wrote: ↑ Tue May 15, 2018 8:57 am buddtholomew wrote: ↑ Tue May 15, 2018 8:46 am
This portfolio is terrible.
Anyone believe me now?
Nowhere, again, to hide today.
I agree with what you are saying but the PP-specific assets GLD and TLT are down the MOST.
stuper1
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by stuper1 Tue May 15, 2018 9:32 am
buddtholomew wrote: ↑ Tue May 15, 2018 8:46 am
This portfolio is terrible.
Anyone believe me now?
If we say "yes", will you stop asking?
Cortopassi
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by Cortopassi Tue May 15, 2018 9:43 am
buddtholomew wrote: ↑ Tue May 15, 2018 9:08 am Cortopassi wrote: ↑ Tue May 15, 2018 8:57 am buddtholomew wrote: ↑ Tue May 15, 2018 8:46 am
This portfolio is terrible.
Anyone believe me now?
Nowhere, again, to hide today.
I agree with what you are saying but the PP-specific assets GLD and TLT are down the MOST.
Sure. For now. If you could please tell me when the bottom is in so I can plow money into them I'm listening.
ochotona
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by ochotona Tue May 15, 2018 12:40 pm
BTFD
buddtholomew
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by buddtholomew Tue May 15, 2018 1:15 pm
stuper1 wrote: ↑ Tue May 15, 2018 9:32 am buddtholomew wrote: ↑ Tue May 15, 2018 8:46 am
This portfolio is terrible.
Anyone believe me now?
If we say "yes", will you stop asking?
If you do, I will.
stuper1
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by stuper1 Tue May 15, 2018 1:45 pm
Yes, I believe you.
dualstow
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by dualstow Tue May 15, 2018 4:08 pm
ochotona wrote: ↑ Tue May 15, 2018 12:40 pm BTFD
Bring the Fried Doughnuts?
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
ochotona
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by ochotona Tue May 15, 2018 6:29 pm
I had some freshly deep fried Churros today OMG what a fried doughnut
Kbg
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by Kbg Wed May 16, 2018 3:24 pm
Where did MG go? Anyone know?
dualstow
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by dualstow Wed May 16, 2018 4:33 pm
ochotona wrote: ↑ Tue May 15, 2018 6:29 pm
I had some freshly deep fried Churros today OMG what a fried doughnut
Mmm, you-tiao / 油條
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
