Trump's Effect on the PP

[foglifter]

I'm sure some will say go to a different allocation, etc, but the split I have right now "feels" right for me, and that's the most important thing:

25% total market
5% small cap
5% emerging market
25% TLT
25% gold
5% silver

That's a fine allocation. Are the numbers correct? Looks like 10% is missing.

[Cortopassi]

Oops! 10% cash.

[buddtholomew]

Now its terrible!

In response to barrett's comment on anchoring

It's natural to get "anchored" on the amount of $ one has at a peak and feel, OK, this is where I am at.

To me it feels like a mini-recession when I have become accustomed to the total in my account and the portfolio pulls back from a recent high.
"Anchoring" is difficult to overcome and that's what is/was so appealing to me about the PP.
The number I anchor around and the actual value are both higher than I started the year with.
The recent high is now the next target.
It doesn't always work...

[JohnnyFactor]

Cortopassi, why do you have silver? I like silver myself but I don't know how to classify it as an investment.

[barrett]

Cortopassi, why do you have silver? I like silver myself but I don't know how to classify it as an investment.

Hey, I just logged on to ask the same question! Cortopassi, are you just fiddling around the edges or do you have a strategy behind your silver position? As in, it may do well in an economic boom for industrial reasons but also might provide a bit of inflation protection? For me both of those are already pretty well covered by the 4X25 PP. Or are you just down in your man cave in the basement fondling your secret silver stash?

[Cortopassi]

I already held physical silver before I started the PP, and cannot bear to part with it, so I incorporated it. I continue to like the idea of having a good % physical vs. being bits on a server somewhere.

While it is supposed to act good as an industrial metal, as far as I've seen for 8 years it is basically just an amped up version of gold. Rises faster/more and falls faster/more.

If I did not hold any, my tweaking for the past year has been targeted to get to 10% cash, so I likely would just have done 30% gold instead.

[yankees60]

I'm going to suggest the following plan to President-Elect Trump:
1. Revalue the Treasury's gold to a high enough price to pay off the debt not held by the Fed.
2. Cancel the debt held by the Fed.
3. End the Fed.
4. End the following departments: HUD, Commerce, Education.
5. Submit a balanced budget, and propose a constitutional amendment requiring this. This will end the trade deficit automatically because there won't be hundreds of billions of $ flowing overseas.
6. Propose a constitutional amendment requiring a balanced budget.
7. End the IRS, funding the government via tariffs.

Then watch the economy take off!

3 years 2 months later he has so far accepted none of your above recommendations?

Vinny

[stuper1]

Techno, you are obviously a fascist for even considering the possibility that Trump is not the reincarnation of Adolf Hitler. Haha, just kidding.

I did some head scratching about some of the recent remembrances about past Trump discussions. I don't remember them the way that some people do. I guess it's true what they say about eye-witness accounts varying. Anywho, my political philosophy is very simple: I support smaller government over bigger government, and I don't really care what anybody posts on Twitter including our dear bombastic president, nor do I care about hyperbolic private conversations he may have had in the past about female proclivities to put up with caddish behavior by a well-endowed male.

[I Shrugged]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

[Libertarian666]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

I consider “libertarian” to be an absolute. If you abide by the NAP then you are one; otherwise not. But there are degrees of violation and he is the least bad President in my lifetime.

[Xan]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

I consider “libertarian” to be an absolute. If you abide by the NAP then you are one; otherwise not. But there are degrees of violation and he is the least bad President in my lifetime.

How far back in the past do you go to correct previous failures to abide by NAP?

[Libertarian666]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

I consider “libertarian” to be an absolute. If you abide by the NAP then you are one; otherwise not. But there are degrees of violation and he is the least bad President in my lifetime.

How far back in the past do you go to correct previous failures to abide by NAP?

Sorry, I can't parse that meaningfully. Could you clarify?

[Smith1776]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

I consider “libertarian” to be an absolute. If you abide by the NAP then you are one; otherwise not. But there are degrees of violation and he is the least bad President in my lifetime.

How far back in the past do you go to correct previous failures to abide by NAP?

Sorry, I can't parse that meaningfully. Could you clarify?

Parse.

Spotted the programmer.

[Libertarian666]

I had to think about "least non-libertarian."
I take it you couldn't bring yourself to say "most libertarian."

I consider “libertarian” to be an absolute. If you abide by the NAP then you are one; otherwise not. But there are degrees of violation and he is the least bad President in my lifetime.

How far back in the past do you go to correct previous failures to abide by NAP?

Sorry, I can't parse that meaningfully. Could you clarify?

Parse.

Spotted the programmer.

That's not hard to do in this case, since I assume everyone here knows I'm a programmer.