Cortopassi wrote: ↑Sat Aug 18, 2018 9:38 pm
I don't need a double, what I would like to see on a reasonably alternating basis is an asset leading for one year to pull gains out and rebalance into laggards. Back and forth, back and forth while the overall trajectory is up and to the right.
Problem for a while here has been gold hasn't been in take profits mode for a yearly rebalance, it has been a laggard.
Yes; in a perfect world each of the 3 assets would follow the scenario outlined above. I don’t personally buy into the agnostic 4x25 allocation anymore. Why would you when stocks rise 70% of the time? I’ll hold enough gold and LTT’s to buoy the portfolio in times of inflation/deflation, knowing full well that any gains in these assets will go back into stocks for further potential gains.
I’m done taking gold personally and as Sophie said it will be there when you need it.
dualstow wrote: ↑Thu Aug 23, 2018 12:55 pm
I nibbled today.
I’m buying EEM instead; we’re both in the same boat waiting for the USD to drop.
Good luck DS!
Did the USD just drop? Was watching Fox Business and noticed in the ticker that gold was up $20 at the time. Strangely, stocks were also up and setting all time highs, and bond yields were down slightly. Must have been a good day for the PP. I'm keeping my resolution to only look at my portfolio at re-balance time once a year but it probably would have been a good day to look.
FWIW, Recognia Chart Tools @ Schwab says GLD support is at $ 113.07, which is about like gold $ 1196.60. So when my cash hits Lively HSA, I'm going to put in a limit buy order for GLDM at TD Ameritrade.
Recognia is a pattern recognition program. At least it's unbiased, it's not just some person's opinion based on who knows what. It'll be right, until it's not.
Glorious relic
Naysayers again endure
Those printingpress blues
P.S. Hello all: Couldn't pass up this chance to express poetic license. My first post in 2 years, as I have been traveling this marvelous continent in an RV. I write to you from lovely Ketchum, Idaho. - Goodasgold