Search found 153 matches
- Fri Jun 16, 2017 10:19 pm
- Forum: Variable Portfolio Discussion
- Topic: P2P Lending
- Replies: 74
- Views: 52642
Re: P2P Lending
For any Canadians out there looking to get into P2P lending, checkout LENDING LOOP So far I've put $25 into every loan they've posted since January (about 50) and I've yet to have a single late payment or charge-off. I'm fascinated by the technology [/b] of P2P lending, in the same way that I'm intr...
- Sun Jun 11, 2017 1:13 pm
- Forum: Permanent Portfolio Discussion
- Topic: Backtesting the PP in Other Countries (Economies)
- Replies: 30
- Views: 24108
Re: Backtesting the PP in Other Countries (Economies)
I saved this in notepad when I came across it somewhere in Bogleheads, but did not copy the URL.
PP In Iceland, 2008:
1. 25% LT Bonds: 0%
2. 25% ST Bonds: 12%
3. 25% Stocks: -88%
4. 25% Gold: +259%
Total PP: +46%
PP In Iceland, 2008:
1. 25% LT Bonds: 0%
2. 25% ST Bonds: 12%
3. 25% Stocks: -88%
4. 25% Gold: +259%
Total PP: +46%
- Fri Jun 02, 2017 7:03 am
- Forum: Permanent Portfolio Discussion
- Topic: PP exit strategy
- Replies: 24
- Views: 17297
Re: PP exit strategy
If I have to abandon the PP, it is probably only because the financial system has seized, or collapsed altogether. In that case, my "exit strategy" is to simply write-off my 100% paper losses and sit on my physical gold holdings until the dust settles. In other words, the PP already comes standard w...
- Tue Mar 07, 2017 4:34 pm
- Forum: Other Discussions
- Topic: Channeling Maxine Waters (Wikileaks Vault 7)
- Replies: 38
- Views: 23395
Re: Channeling Maxine Waters (Wikileaks Vault 7)
Today's 'Vault 7' release, 'Year Zero', is just the first in the series, and its already the greatest CIA leak in history. God knows what else will be revealed in subsequent releases. An observation: isn't it interesting that the only mention of the leak on CNN's website is buried in their 'Tech New...
- Tue Feb 28, 2017 4:55 pm
- Forum: Cash
- Topic: Five Year's Living Expenses
- Replies: 12
- Views: 10243
Re: Five Year's Living Expenses
Based on the OP, I'm going to speculate that Mark Leavy does not appear to understand the role that 'cash' plays in the HBPP. 'Cash' in the HBPP isn't just "spending money" that sits around and looks pretty. By removing it, your portfolio is suddenly subject to a range of risks and vulnerabilities t...
- Tue Feb 14, 2017 6:45 pm
- Forum: Other Discussions
- Topic: Figuring Out Religion
- Replies: 4052
- Views: 1387192
Re: Figuring Out Religion
Wow, this thread (which I just discovered) is about as epic as the Bogleheads PP thread.
No way I'm going to be able to read through this one though, not unless I end up in full-traction at the hospital and have a few weeks to kill.
No way I'm going to be able to read through this one though, not unless I end up in full-traction at the hospital and have a few weeks to kill.
- Tue Feb 14, 2017 4:04 pm
- Forum: Gold
- Topic: Germany has their gold. Do you?
- Replies: 13
- Views: 7954
Re: Germany has their gold. Do you?
Yep. Although the NY Fed is supposed to have more gold than Fort Knox, I'm still curious: does the book to which you linked also purport that Fort Knox is empty? Or holding less than it says? I don't argue that Fort Knox or the NY Fed or US government vaults have no gold in their vaults, they obvio...
- Tue Feb 14, 2017 3:12 pm
- Forum: Gold
- Topic: Germany has their gold. Do you?
- Replies: 13
- Views: 7954
Re: Germany has their gold. Do you?
For what it's worth, the vault is open to tourists. I realize that it might not be easy (impossible) to count the stash, but the fact that it's open to the public means something to me. http://abcnews.go.com/Business/story?id=5835433&page=1 Sounds like a good place for a gyro-investors get-together...
- Tue Feb 14, 2017 2:19 pm
- Forum: Gold
- Topic: Germany has their gold. Do you?
- Replies: 13
- Views: 7954
Re: Germany has their gold. Do you?
No different than linking to a WSJ or NYT article: take with a grain silo of salt. Not that those publications are perfect - far from it - but I guess we'll have to agree to disagree on that comparison. Agreed, I didn't intend to hijack this thread and make it a debate about the state of contempora...
- Tue Feb 14, 2017 12:11 pm
- Forum: Gold
- Topic: Germany has their gold. Do you?
- Replies: 13
- Views: 7954
Re: Germany has their gold. Do you?
Conspiracy theory from a Russkie government "news" site. (sputnik) No different than linking to a WSJ or NYT article: take with a grain silo of salt. It does seem quite obvious that something was amiss from the beginning, though. When a significant US ally asks for their segregated gold to be trans...
- Mon Feb 13, 2017 10:00 pm
- Forum: Gold
- Topic: Germany has their gold. Do you?
- Replies: 13
- Views: 7954
Re: Germany has their gold. Do you?
https://sputniknews.com/business/201702111050571970-us-germany-gold-repatriation/ There are a lot of signs that the gold was not physically presented in the New York vaults when Germany called it back. Of course, the US began to return it to Germany but there is one interesting detail. When you lea...
- Mon Feb 06, 2017 6:53 am
- Forum: Bonds
- Topic: Negative Rates Have Made Danes Richer Than Ever
- Replies: 8
- Views: 6840
Re: Negative Rates Have Made Danes Richer Than Ever
This article is insane in its casual acceptance of obvious absurdity. So apparently in our double-speak, anti-truth world it is now "obvious" that the path to sustained and durable wealth is that of issuing bonds that cost the owner to hold. This is an economic absurdity that even a six-year-old wou...
- Mon Feb 06, 2017 6:26 am
- Forum: Gold
- Topic: Gold as a Diversifier
- Replies: 24
- Views: 11419
Re: Gold as a Diversifier
This is only true if you just buy a bunch of gold and sit on it. If you also hold an equally-weighted, negatively co-related asset in your portfolio, you can harvest capital gains from gold through re-balancing.mathjak107 wrote:gold has been more about timing the markets than time in the markets.
- Sat Feb 04, 2017 10:33 pm
- Forum: Permanent Portfolio Discussion
- Topic: New to Permanent Portfolio
- Replies: 45
- Views: 31003
Re: New to Permanent Portfolio
Needless to say, I really chose the wrong moment to buy gold. The odds of an asset going down as soon as you buy it is almost 100%. The PP is a "cover all bases" portfolio. Something is always going up and something is always going down. And yet, you must bite the bullet and recognize that you must...
- Sat Feb 04, 2017 10:05 pm
- Forum: Gold
- Topic: Does Gold's Markup Bother You?
- Replies: 39
- Views: 25205
Re: Does Gold's Markup Bother You?
The premium for physical + the spread you pay to the dealer + the costs of storage is collectively the expense you accept for the systemic security that physical gold provides your portfolio. That being said, there are strategies you can use to mitigates those expenses. For example, I believe that h...
- Sat Feb 04, 2017 9:41 pm
- Forum: Permanent Portfolio Discussion
- Topic: Absolutle Safety - Mutual Funds VS ETF???
- Replies: 12
- Views: 7229
Re: Absolutle Safety - Mutual Funds VS ETF???
years ago i had a package of stock certificates i had to get to the broker get lost in shipping . i sold them and owed a whole lot of interest on them by the time they were located . i will never do that again . Thank you for sharing. That is a good point about the hassle involved. I guess in a rea...
- Fri Feb 03, 2017 9:51 am
- Forum: Variable Portfolio Discussion
- Topic: Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
- Replies: 6
- Views: 4950
Re: Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
I could but there is plenty to read by doing some google searches. Equal weight vs risk parity or mean variance portfolios. I did, and I read this paper that I found ( How Inefficient are Simple Asset-Allocation Strategies? ) The TLDR conclusion that the paper makes is: Our main finding is that the...
- Thu Feb 02, 2017 9:05 am
- Forum: Variable Portfolio Discussion
- Topic: Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
- Replies: 6
- Views: 4950
Re: Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
Can you elaborate on this?Kbg wrote:Practically speaking though, risk is highest when volatility is lowest which is exactly the worst place to be when that asset goes off the inevitable periodic cliff and in major SHTF events most correlations spike.
- Thu Feb 02, 2017 6:53 am
- Forum: Variable Portfolio Discussion
- Topic: Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
- Replies: 6
- Views: 4950
Thoughts on the new (Canadian) Global Risk Parity ETF (HRA.TO)?
Normally I wouldn't give an actively managed ETF a second glance, but the new Canadian Global Risk Parity ETF (HRA.TO) has caught my eye. It is a Horizon ETF, but the management of the fund is sub-contracted out to 'ReSolve Asset Management Inc.' , or as some of us might know them better, the guys t...
- Tue Jan 31, 2017 12:13 pm
- Forum: Permanent Portfolio Discussion
- Topic: Alternative PP Models
- Replies: 26
- Views: 20311
Re: Alternative PP Models
While I admire Harry Browne's strategy and invest a portion of my portfolio using an adapted-Permanent Portfolio, I do not worship at the altar of Harry Browne. In part, Browne and his apostles prepared for a post-apocalyptic world requiring physical gold to survive. I just do not believe the Walki...
- Mon Jan 30, 2017 3:27 pm
- Forum: Permanent Portfolio Discussion
- Topic: Alternative PP Models
- Replies: 26
- Views: 20311
Re: Alternative PP Models
Some questions: If your modified PP under-preformed the HBPP for a period of weeks, months or even years, would you be able to stick with your system, or would you bail? What are the real-world costs of running this modified PP? How much will transactions cost you? How many extra taxable events will...
- Tue Jan 24, 2017 10:26 am
- Forum: Permanent Portfolio Discussion
- Topic: High Savings Rate vs. Home Ownership
- Replies: 12
- Views: 9332
Re: High Savings Rate vs. Home Ownership
That's a great summary! Minor quibble here: Rent expenses are certain and predictable. Home-ownership expenses are infamously variable and unpredictable. Having significant liquid assets built-up first is advisable; this runs counter to the conventional wisdom of "building wealth through home-owner...
- Tue Jan 24, 2017 10:03 am
- Forum: Cash
- Topic: SHTF Preparedness
- Replies: 4
- Views: 5902
Re: SHTF Preparedness
I keep 5% of my "cash" allocation in physical bills. This serves as a hedge against systemic risks such as: capital controls; bank holidays; infrastructure failures; and local or limited-duration national emergencies. However, I keep no more than 5%, as physical cash is susceptible to theft, fire, c...
- Tue Jan 24, 2017 9:52 am
- Forum: Stocks
- Topic: Max volatility (while capturing growth)
- Replies: 1
- Views: 4266
Re: Max volatility (while capturing growth)
Everyone and their grandma tilts small-value, nowadays. The historic SV "premium" may therefore prove to have been an overcrowded trade looking back 10, 20 years from now. EM's have potential for huge gains because they have potential for huge busts and drawdowns. It is commonplace to predict that "...
- Tue Jan 24, 2017 9:13 am
- Forum: Permanent Portfolio Discussion
- Topic: High Savings Rate vs. Home Ownership
- Replies: 12
- Views: 9332
Re: High Savings Rate vs. Home Ownership
Some thoughts and musings: It is easy to trick yourself into considerably inflating your housing expenses (as a percentage of your income) by convincing yourself that its an "investment" ; buying is probably more efficient for building net-worth than renting, but only if relative housing expenses a...