escafandro wrote:
We have deviated a lot from the main theme of the post, but that's the beauty of the PP (we do not have to constantly be worried and talking about how our investments go).
I really wanted to visit Austin sometime. For two reasons: I saw some videos that I liked (especially the river area), and more important this is where Terrence Malick live, I'm a huge fan.
Austin is a nice and interesting place. It's not as ecclectic as it used to be, but it's still probably the one place you would want to visit in Texas if you could only make one stop.
I went to law school in Austin and enjoyed it very much.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
yes the waves did shake the boat a bit today.... Very interesting day in the market!
Swiss francs have been strong, but silver and emerging debt needed some serious help. A straight 30 year treasury fund like edv or maybe zroz would have helped- but I think she will bounce back well ... Silver oh silver
my portfolio -1.92
s&p 500 -4.78
prpfx -1.96
HBPP -.05 Awesome
So today not as good as HBPP but I think still respectable considering the market conditions, I'm hoping the additional risk brings additional gains only time will tell how it plays out.
Melvin "I think its important to realize that the PP is designed to protect your purchasing power in your own country. That is why the bond allocation changes depending upon your country. I understand your concerns stone, but personally I plan to live in the US for the forseeable future so the risk you highlighted is less applicable to me. However, it still is relevant for someone with ambitions to live abroad."
I live in the UK and aspire to continue living here but our economy is small enough that global markets really set many prices rather than domestic affordability. In central London (not where I live) even house prices get set by what global wealthy people can afford irrespective of local wages. That is why we have 5% inflation here at the same time as falling wages. The USA does have a larger domestic market and that probably insulates you somewhat from exchange rate effects but at some point they will kick in in our globalized world. Raw commodities obviously are pretty much global for everyone but it is wider than that. If Apple can sell as many Ipods in India/China/Brazil/where-ever as they can make at a price higher than Americans can afford, then Apple won't be too bothered about lack of US sales and that will be how it is.
I remember really liking Austin Texas when we lived there for a year when I was 9years old.
"Good judgment comes from experience. Experience comes from bad judgment." - Mulla Nasrudin
Well I think I will just sleep with my Bulletproof Vest on tonight. But what a great market to test my portfolio allocation it should be a crazy ride tomorrow.
Good luck to all HBPP investors you should be on track, And hopefully I am too!!
mandynshane wrote:
Well I think I will just sleep with my Bulletproof Vest on tonight. But what a great market to test my portfolio allocation it should be a crazy ride tomorrow.
Good luck to all HBPP investors you should be on track, And hopefully I am too!!
mandynshane -2.2% today. (could have been worse, though it's the second 2% loss in a week)
HB 4x25 PP +0.27% today. (pretty amazing!)
Last edited by Gumby on Mon Aug 08, 2011 7:01 pm, edited 1 time in total.
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
Well I took a couple bullets but I feel pretty good about it, very curious the way it will bounce back when we get any positive news if thats even still possible... really think my emerging market fund took a ridiculous beating that was just fear.
My portfolio*
cef- -.13
fxf- +1.51
mint -.07
plw +1.95
vti -6.93
tei -8.36
