Search found 77 matches

by hpowders
Sat Dec 15, 2012 12:38 pm
Forum: Permanent Portfolio Discussion
Topic: Why I'm Moving Back To 90% PP / 10% VP
Replies: 8
Views: 4211

Re: Why I'm Moving Back To 90% PP / 10% VP

Glad to have beaten the market over 6 weeks? If you play long enough, the house always wins. I thought I was an investing genius in 2007. I was up 73%. Then 2008 came along and I was down over 50%. I no longer attempt to "beat the market" which as far as I'm concerned is equivalent to tryi...
by hpowders
Thu Dec 13, 2012 2:04 pm
Forum: Permanent Portfolio Discussion
Topic: AAII Article on PP
Replies: 15
Views: 6404

Re: AAII Article on PP

Nice that the AAII published the PP article. The AAII has a dizzying assortment of investment strategies. They brag about their "shadow stocks" portfolio producing terrific returns. What they don't say is how it lost over 50% (-50.8%) in 2008. Very few investors would have had what it take...
by hpowders
Thu Dec 13, 2012 1:56 pm
Forum: Permanent Portfolio Discussion
Topic: 80-90% of your Total Savings in PP
Replies: 43
Views: 22860

Re: 80-90% of your Total Savings in PP

My entire IRA is invested in the PP, though, admittedly, today is a bad day for it, but then again it looks like most investing strategies will be down today.
by hpowders
Tue Nov 06, 2012 8:38 am
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Ahhhh ..... the revisionists.  :o
by hpowders
Tue Nov 06, 2012 7:28 am
Forum: Permanent Portfolio Discussion
Topic: Must Read
Replies: 40
Views: 21156

Re: Must Read

The long term performance is dismal and the second one has an expense ratio of close to 2%. :o
by hpowders
Tue Nov 06, 2012 7:25 am
Forum: Permanent Portfolio Discussion
Topic: PP using futures
Replies: 7
Views: 4006

Re: PP using futures

Ha! Ha! Futures. That's all I need. ;D
by hpowders
Tue Nov 06, 2012 7:23 am
Forum: Other Discussions
Topic: Why are there so few doctors?
Replies: 39
Views: 17937

Re: Why are there so few doctors?

Do want a Doctor who got a C in Biology? Just remember, half of all doctors graduated below the average class rating.   Do you want to be treated by a below average doctor?  50% probability you will.  Because its not a free market where the customer is king, we don't have very good or effective sys...
by hpowders
Tue Nov 06, 2012 7:21 am
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Spoken like a loyal Democrat.
by hpowders
Tue Nov 06, 2012 7:19 am
Forum: Permanent Portfolio Discussion
Topic: I'm Done!
Replies: 327
Views: 147768

Re: I'm Done!

I've been investing since 1982 and I'm still nowhere close to where I want to be as a "successful investor." Jack Bogle writes of an investor of modest means, never earning more than $25k a year, who began investing in 1974 with $500 here and there, who kept accumulating stocks and funds ...
by hpowders
Sun Nov 04, 2012 10:11 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

AdamA wrote: Here is an interesting reenactment of what Lincoln's life may have been like, Louis CK style.

http://www.nbc.com/saturday-night-live/ ... 2756/  4:26

(takes a moment to load.)
Funny stuff. "Do you have the tickets"? Almost fell out of my chair laughing!
by hpowders
Sun Nov 04, 2012 6:49 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Speaking of Canada, too bad about that pipeline. Rejected for "insufficient time to review the plans." Yet Health Care Reform gets passed even though nobody who voted for it actually read the complete bill. Funniest line of the year, "We must pass it so we can know what's in it."...
by hpowders
Sun Nov 04, 2012 5:26 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

We entered the war in 1941 due to a direct attack by Japan, who was an axis partner of Germany. Japan attacks us, that means we are at war with Germany too. Just remember, we directly provoked the Japanese to attack us by cutting off their energy supplies in retaliation for their invasion of Manchu...
by hpowders
Sun Nov 04, 2012 5:12 pm
Forum: Permanent Portfolio Discussion
Topic: I'm Done!
Replies: 327
Views: 147768

Re: I'm Done!

I've been investing since 1982 and I'm still nowhere close to where I want to be as a "successful investor." Jack Bogle writes of an investor of modest means, never earning more than $25k a year, who began investing in 1974 with $500 here and there, who kept accumulating stocks and funds ...
by hpowders
Sun Nov 04, 2012 3:01 pm
Forum: Permanent Portfolio Discussion
Topic: I'm Done!
Replies: 327
Views: 147768

Re: I'm Done!

If it wasn't for emotions, we'd all be multi-millionaires. Buying high and selling low is no joke and is all too common, I bet. William Bernstein states that it takes years to train oneself into being a successful investor. I don't doubt it. 10 years on average. I've been investing since 1982 and I...
by hpowders
Sun Nov 04, 2012 11:14 am
Forum: Other Discussions
Topic: Why are there so few doctors?
Replies: 39
Views: 17937

Re: Why are there so few doctors?

If the doctor went to the San Juan University of Medicine, then yes, I want him to have received a Si in Biology.
by hpowders
Sun Nov 04, 2012 7:17 am
Forum: Other Discussions
Topic: Does any PPers plan to live until 2076 to celebrate the 300th birthday of USA?
Replies: 20
Views: 9776

Re: Does any PPers plan to live until 2076 to celebrate the 300th birthday of USA?

Come to think of it, that's only around 30 rebalances away. I can do this. ;D
by hpowders
Sat Nov 03, 2012 11:05 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

It's so easy for us who are so far removed from the tenor of that time to pass judgment. Who among us can feel the intense hatred many Americans had for the Japanese people at that time-the stories of death marches and unspeakable torture and the sneak attack at Pearl Harbor and the mocking, provoca...
by hpowders
Sat Nov 03, 2012 8:31 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Hitler had it all laid out in Mein Kampf. I find it incredible that a majority of Germans would vote for him. Actually, they didn't. https://en.wikipedia.org/wiki/Hitler#Rise_to_power In the "World At War", I remember them saying that more people voted "Nazi" than other choices.
by hpowders
Sat Nov 03, 2012 8:27 pm
Forum: Other Discussions
Topic: Why are there so few doctors?
Replies: 39
Views: 17937

Re: Why are there so few doctors?

When I call for an appt. quite often the choice is between a nurse/practitioner/medical assistant in a day or two or the MD in 3 weeks or so. I always choose the former-not only to speed up the appt. but because in my experience the former gives me a more satisfactory experience-they communicate bet...
by hpowders
Sat Nov 03, 2012 8:20 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Without the U.S. getting involved in either world war, they would have remained regional conflicts.  Especially in WWII, Germany would have broken itself fighting the Soviet Union whether we got involved or not.   I would say that both Wilson and FDR were pretty incompetent wartime Presidents. I do...
by hpowders
Sat Nov 03, 2012 8:13 pm
Forum: Permanent Portfolio Discussion
Topic: This Will Make You Not Want To Stock Pick (Historical DJIA Components)
Replies: 50
Views: 23588

Re: This Will Make You Not Want To Stock Pick (Historical DJIA Components)

I believe the PP is true genius. Otherwise I wouldn't risk so much of my own money to be invested in it. I believe!!! 8)
by hpowders
Sat Nov 03, 2012 7:56 pm
Forum: Other Discussions
Topic: Reconsidering Abraham Lincoln
Replies: 117
Views: 39893

Re: Reconsidering Abraham Lincoln

Given your pacifistic train of thought, we might all be speaking German right now; that is to say, those of us who would be left and deemed worthy to live after the "selections". Sometimes one just needs to get out there and do what needs to be done. Without the U.S. getting involved in e...
by hpowders
Sat Nov 03, 2012 4:38 pm
Forum: Other Discussions
Topic: Polls: Romney could win popular vote and Obama the Electoral College
Replies: 66
Views: 21631

Re: Polls: Romney could win popular vote and Obama the Electoral College

Sort of like, "Ask not what your country can do for you-ask what can you do for your country!"
by hpowders
Sat Nov 03, 2012 2:57 pm
Forum: Other Discussions
Topic: Why are there so few doctors?
Replies: 39
Views: 17937

Re: Why are there so few doctors?

Let's not forget about the unbelievably high malpractice insurance premiums. I don't blame anyone for not seeking an MD degree, what with high student loans and malpractice premiums. If I was to do it all over again, I would study to become an optometrist-well-respected, high demand, decent pay, lim...