Search found 936 matches

by KevinW
Tue Feb 18, 2020 5:53 pm
Forum: Gold
Topic: Which Gold ETF Would You Recommend Now?
Replies: 9
Views: 276

Re: Which Gold ETF Would You Recommend Now?

GLDM or IAU due to low expenses.
by KevinW
Tue Feb 04, 2020 1:00 pm
Forum: Permanent Portfolio Discussion
Topic: Smith PP
Replies: 3
Views: 1946

Re: Smith PP

Cool!

I've noticed that a USA investor can get very close to a PP with an off-the-shelf retirement income fund and a little gold. For example roughly 80% Vanguard Target Retirement Income and 20% gold is pretty darn close to a 4x25 PP.
by KevinW
Tue Feb 04, 2020 12:56 pm
Forum: Permanent Portfolio Discussion
Topic: I'm Done!
Replies: 327
Views: 72952

Re: I'm Done!

If all I've said is true, then would Budd be the "Doubting Thomas" of this Forum? His posting conduct was more troublesome than that. He clearly had a lot of critiques of the PP, which is fine, but he posed them in an accusatory combative way. He was asked a few times, if you hate the PP so much, w...
by KevinW
Tue Feb 04, 2020 12:36 pm
Forum: Permanent Portfolio Discussion
Topic: slightly confused about rebalancing
Replies: 16
Views: 7201

Re: slightly confused about rebalancing

Monthly deposits go into cash. I check the portfolio annually with a calendar reminder, and also after a major finance-related world event that everyone's talking about (e.g. 9/11 or the 2008 global financial crisis). If it's within the 15/35 bands I do nothing, otherwise I rebalance to 4x25. (IIRC ...
by KevinW
Sat Jan 11, 2020 2:53 pm
Forum: Permanent Portfolio Discussion
Topic: Any value in multiple ETFs?
Replies: 1
Views: 175

Re: Any value in multiple ETFs?

is there any value in having my counterparty risk spread that way? Yes, splitting an asset across multiple ETF issuers hedges against an issuer going out of business suddenly or committing some kind of malfeasance. Harry Browne suggested splitting the stock allocation across multiple fund sponsors ...
by KevinW
Tue Dec 03, 2019 1:46 pm
Forum: Permanent Portfolio Discussion
Topic: Permanent Portfolio data
Replies: 6
Views: 695

Re: Permanent Portfolio data

I use the 4 ETF tickers that are "purest" analogues for the PP assets, breaking ties with expense ratio or volume. Currently I'm using: VTI, TLT, GLDM, BIL
by KevinW
Tue Oct 29, 2019 7:18 pm
Forum: Permanent Portfolio Discussion
Topic: What is your current portfolio?
Replies: 36
Views: 10412

Re: What is your current portfolio?

My IRA is a 4x25 in ESGV, VGLT, VUSXX, GLDM, and some individual gold coins (since lost at sea ;D )

My 401k is essentially the same but uses the plan sponsor's cash and S&P500 funds.

Taxable cash is in an online savings account.
by KevinW
Tue Oct 08, 2019 9:34 pm
Forum: Stocks
Topic: Stock and ETF brokerage costs plunge
Replies: 79
Views: 37283

Re: Stock and ETF brokerage costs plunge

IMO this is a great trend for retail investors. As a 4x25 PP investor who rebalances annually, commissions have always been a minor consideration, and payments for my order flow are an extremely tiny consideration. Cash is commission-free so I'm only making a maximum of 3 trades per account per year...
by KevinW
Mon Sep 23, 2019 11:56 pm
Forum: Stocks
Topic: DIY individual stock fund
Replies: 45
Views: 16214

Re: DIY individual stock fund

It is common for a company's size ranking to bump up or down one rank from year to year. So the method of picking every k'th company will experience high turnover and suffer from tax inefficiency and transaction overhead. Probably the way to go is to just pick the top 50 (or whatever) largest compan...
by KevinW
Mon Sep 23, 2019 11:40 pm
Forum: Permanent Portfolio Discussion
Topic: Finding an Account Manager for PP
Replies: 15
Views: 1974

Re: Finding an Account Manager for PP

This firm endorses the PP: https://americanasset.net/

I have no connection or experience with them aside from reading their website, so do your due diligence. IIRC one of the principals has posted here a few times.
by KevinW
Mon Sep 23, 2019 11:34 pm
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 65
Views: 24652

Re: Gold / Stock / Bonds at highs or near highs?

All I can say is, I've been talking about the PP online since 2008 (11 years and counting!) and the entire time, people have been constantly asking this question. "I like the PP but this moment seems like a bad time to buy in because reasons, what should I do?" Throughout this time the PP has worked...
by KevinW
Mon Sep 23, 2019 11:11 pm
Forum: Permanent Portfolio Discussion
Topic: How many brokerage firms are you using?
Replies: 43
Views: 17773

Re: How many brokerage firms are you using?

I have two brokerages, my personal accounts are at Vanguard and my 401k is at Schwab. I plan on keeping most funds at Vanguard and a minority at either Schwab or Fidelity.