PRPFX/EDV in a taxable account

Discussion of funds that implement the Permanent Portfolio strategy

Moderator: Global Moderator

Post Reply
User avatar
dualstow
Executive Member
Executive Member
Posts: 14225
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: PRPFX/EDV in a taxable account

Post by dualstow » Thu May 09, 2013 7:14 am

MangoMan wrote:
dualstow wrote: I think EDV would be a royal pain in taxable.
Why? In what way?

As PS says in the comment above this one, it throws off taxable income, but so do all bond funds.
You're a bit late. See Reply#5.

Added:
PointedStick wrote: (EDV) just generates taxable income like any other bond or bond fund. But it's a bit more unpredictable. Last year it threw off a huge dividend around Christmas-time that cost me a bit in taxes.

I'm planning to replace it with real treasuries at some point soon.
Without knowing exactly why, I made most of my taxable account's share of bonds "real" treasury bonds while keeping the more abstract investments in tax-sheltered accounts. As a result, though, I own less EDV than I'd like to own. I've got some true zeros in tax-sheltered as well.

Reading this forum over the past few years, I got the sense that pure holdings like bonds and gold coins aren't just safer. They're also less of a headache with fewer surprises.
Last edited by dualstow on Thu May 09, 2013 7:22 am, edited 1 time in total.
RIP Marcello Gandini
Post Reply