Duh , you can’t look at numbers after steps have already been implemented to reduce something and go why did we have to take these steps , the stats show relatively low numbers in many cities and areas Sure you can. . . for the purpose of assessing whether those measures made any significant differ...

Exactly my point when I said if you look at states where it spread first like New York and New Jersey we were the poster child for the disaster and deaths this virus can cause if unchecked ....it was running like wild fire . Once we got hit so hard with hospitalized cases and deaths other states did...

The other problem with stats on a pandemic is you can only count what transpired ...you can count all the deaths and hospitalized patients you prevented once measures went in to place . I mean here in the Jersey and New York you would be hard pressed to find someone who didn’t know multiple people w...

I would disagree since despite the odds it was already me that was on the wrong side of the statistic and hospitalized for weeks And I am never sick ..in fact up until covid I was never hospitalized in my life for a thing . It is no different then why we have life insurance at young ages ..odds of d...

Again. Maybe they will get covid if not vaccinated but it is likely not a problem since most are being vaccinated. all that matters is if it is them that gets it.. all it takes is one wrong contact.. millions can be vaccinated , millions more can have natural immunity from having it ,but all they ne...

All that matters is what it means to you. We had it bad ourselves and were hospitalized for weeks , we lost friends , family members , others we know have permanent damage ..this is real , this is fact . Statistics mean nothing to is humans ....we only have two possible outcomes , bad shit happened ...

Covid is not about just dying ..getting sever covid can cause not only permanent damage but the effects can take months or years to subside if ever .... We are heading in to 3 months since my first symptoms and not only can I not Jog the way I did , I am winded just going up 4 flights of steps .the ...

It’s an uphill battle to convince someone that they made the right choice when the current outcome has been disappointing. More so when the alternative option for that individual has outperformed over the same timeframe. And to add icing on the cake, they went with a very conservative approach that...

You can call it whatever you want but it stays a poor choice until it isn’t..so far stocks fell too , but the downside protection still wasn’t there yet as the economic outcomes needed for those assets to work are not in place . So it was in a way a self defeating swap so far. So far I am down 3.95%...

We used to tease my friend all the time because he married a virgin ...we used to tell him he has the easiest job in the world , she doesn’t know if he is good or bad ..there is no point of reference . Many pp users no longer have a point of reference to another portfolio that worked well for them ,...

I don’t need to predict markets ..at this stage any portfolios I use are time matched to fit my needs ...even at 65 one has money they won’t eat with for 2 to 3 decades so regardless that is still very long term money . So predicting is not needed with portfolios that supply both current needs , int...

here is 2020 realized only .. the big one for 66k in red was a fund swap in march . it went back in to equities and made a handsome profit . many small trades i exited when they fell after i bought and bounced back not doing what i wanted . bottom line is over 216k in profit after losses are subtrac...

Once the trend was continually down I can’t trade ...so I was out of gold for a while ...I only bought in late December again but decided to swap portfolios totally to the pp ... Have I gotten burned in the trades ? Rarely ...certainly not enough that gold approached 80k in profits between Iau ,Gld ...

Well the only question is has the pp met its Waterloo and for how long and how bad

Fair enough. As long as we're clear that is a MJ investment diary essentially. For me that is the key and the reason why a more diversified portfolio makes sense. MJ(apanese) would basically be breaking even over that same investment timeframe. First off if I lived in Japan I didn’t have to buy Jap...

All I know is if I throw the assets in portfolio visualizer had I used the pp when I started in 1987 the diffference is in the millions compared to the portfolio of plain old fidelity equity funds I used. Starting with 100k there was a difference over my time frame of the pp growing to 1.1 million c...

I grew up in an nyc housing project..we were quite low end financially . But I promised myself I will never raise my own family in one . So early on I learned all I could about investing once I started working . At one point I had 3 jobs going on just to have money to invest . I was an hvac tech in ...

If only that were true ...data shows most investors can’t even get the returns the funds they were in got .

Others go way to conservative and never reach the balances they need by retirement

Most of us don’t have very high paying jobs . Rather we manage to save little bits and we need good compounding to take the little bits and grow them in to meaningful sums by retirement. So many seniors dropped the ball , either by not investing, fearing investing or not effectively investing .... b...

buddtholomew wrote: ↑

Fri Mar 05, 2021 8:16 am

Hey look, stocks are up and GLD/TLT to follow...

Tlt down, gold down and now stocks headed down , nothing new there

Both myself and kitces firmly believe that as long term investors trying to mitigate temporary dips is counter productive and has always had zero financial logic to it when the horizon is decades We play the odds investing and there are no long term accumulation periods ever that didn’t have equites...

vincent_c wrote: ↑

Fri Mar 05, 2021 7:39 am

Modified Version is referring to which allocation?

Regarding YTD returns, maybe it’s more useful to talk about the magnitude and duration of the current drawdown or recovery period.

The 1/3 in each

As of closing 3/4/21

Ytd regular pp down 5.50% .

Modified version down 7.25% (1/3) in each

Tlt down 12%
Gld down 11%
Vti up 1.30%
Shy down .30

I say if they don’t have the pucker factor then they should hire someone else to handle the job for them ... Probably a smart idea. But not in my DNA. If I can do something myself, I will rarely pay someone else -- yardwork, car repair, house repairs, appliance repair. And for those we are talking ...

Oh, another tweak is watching NAV discount and premiums with close ended funds. Can sometimes get way out of whack...that can be a way to squeeze some profits out. I also like trying to absolutely minimize expense ratios...I think I'm somewhere around .07 for whole portfolio...which is pretty good ...