PP coverage in ERE Wiki

[KevinW]

Jacob at the Early Retirement Extreme (ERE) website, which overlaps somewhat with this one, created a wiki.  I went ahead and created a page about the PP there:

http://earlyretirementextreme.com/wiki/ ... _Portfolio

I welcome anyone who's interested in documenting the PP in wiki format to contribute to that page.

My one request is that we limit the main body of the page to describing the vanilla PP as originally described by Browne.  I think new readers need to internalize the original concept before reading about variations.  As you can see I created a clear "Variants" subsection to talk about using short-term treasuries instead of T-bills.  I think other variations should be clearly advertised as such (e.g. gold ETFs, international stocks).

[melveyr]

Great work Kevin! You are helping build a great resource for new investors.

One thing I noticed though was in the 401(k) lemonade section you listed 25% intermediate treasuries, did you mean to write 50%?

Keep up the good work. I think you are capturing the "vanilla" PP accurately.

[KevinW]

Thanks!

Good spot on the 25% typo.  I fixed it.

[barry barnitz]

Jacob at the Early Retirement Extreme (ERE) website, which overlaps somewhat with this one, created a wiki.  I went ahead and created a page about the PP there:

http://earlyretirementextreme.com/wiki/ ... _Portfolio

I welcome anyone who's interested in documenting the PP in wiki format to contribute to that page.

My one request is that we limit the main body of the page to describing the vanilla PP as originally described by Browne.  I think new readers need to internalize the original concept before reading about variations.  As you can see I created a clear "Variants" subsection to talk about using short-term treasuries instead of T-bills.  I think other variations should be clearly advertised as such (e.g. gold ETFs, international stocks).

Hi Kevin:

I have included a link to your wiki page in our Bogleheads wiki pages devoted to Craig Randall and J.M. Lawson, who as long standing and productive members of the bogleheads.org. forum, are included in our listing of authors. Here are the current iterations of the pages:

Craig Rowland - Bogleheads
J. M. Lawson - Bogleheads

One possible helpful hint. The preferred wiki method of citing sources is to use references. If many of the references are to a common source, such as Craig and J.M.'s new book, you can consolidate references by using the following method:

References are created with the <ref> tag, such as <ref>Insert reference here</ref>.

In the References section, add a matching tag which locates the references in this section.

    ==References==
    <references />

If you would like to use a reference multiple times, assign it a unique name in the <ref> tag. The name can then be used as a shortcut. For example, the first time a reference appears, assign the name "smith" as :

    <ref name="smith">Smith, "Referenced article"</ref>

Subsequent uses only need to refer to the name instead of re-typing it:

    <ref name="smith" />

Use this shortcut as many times as you want. Don't forget the /, or it will blank the rest of the article. Some symbols don't work in the ref name, but you'll find out if you use them.

regards

[barry barnitz]

Hi KevinW:

The ERE mediawiki package does not appear to have the reference notation loaded into the software package.  I did emend the ==See also== section, which is customarily used in wiki markup as designating internal wiki links to the ==External links== section, which is customarily used in designating external links.

regards,

[KevinW]

barry, thanks for the interest and for making those changes. Sorry for not responding earlier, I was swamped with a deadline at my day job for the last few days.

You are correct, ERE's mediaWiki installation has few if any extensions running. I see you made some changes. Does the page now look how you wanted, or does more need to be done?

[barry barnitz]

barry, thanks for the interest and for making those changes. Sorry for not responding earlier, I was swamped with a deadline at my day job for the last few days.

You are correct, ERE's mediaWiki installation has few if any extensions running. I see you made some changes. Does the page now look how you wanted, or does more need to be done?

Hi Kevin:

Thanks. Note that I added a brief introductory summation (based on an investopedia definition). This is common practice in wikipedia. (Those of us working on the boglehead's wiki tend to use wikipedia as a guide, as experience has taught us it is best to not reinvent the wheel).  One small emendation in the current ERE page that might improve accuracy is to note that the leverage inherent in gold (small, relatively stable gold asset base in relation to global fiat money supply)  serves to increase price movements both on the upside and on the downside as money flows in and out of the gold market.

[KevinW]

Thanks, I clarified that language:

http://earlyretirementextreme.com/wiki/ ... &oldid=851

Please let me know if you have any more feedback!

[barry barnitz]

Thanks, I clarified that language:

http://earlyretirementextreme.com/wiki/ ... &oldid=851

Please let me know if you have any more feedback!

Hi Kevin:

I made one additional, small wordsmithing edit. In the bonds and deflation segment I added text to indicate that long term bond prices rise and fall in response to to falling and rising interest rates. Check and see if you approve.

Permanent Portfolio - Early Retirement Extreme Wiki.

regards,

[HB Reader]

KevinW --

That's a pretty good description of the PP strategy.

Two additional clarifications for the History section:

The updated edition (e-book only) of "Fail Safe Investing" was released in 2003 -- not 2001.
Browne's investment radio show ran from 2004-2005 -- not 2002 to 2005.


 

[KevinW]

I made one additional, small wordsmithing edit. In the bonds and deflation segment I added text to indicate that long term bond prices rise and fall in response to to falling and rising interest rates. Check and see if you approve.

Looks good!

Two additional clarifications for the History section:

Thanks, I made those corrections.