Search found 339 matches
- Fri Aug 27, 2010 7:57 pm
- Forum: Gold
- Topic: Buying a lot of gold in person
- Replies: 4
- Views: 4790
Re: Buying a lot of gold in person
I prefer the anonymity of the mail, but if I could borrow Bambi and the Lambo, I would consider it.
- Sun Aug 22, 2010 2:23 pm
- Forum: Gold
- Topic: Another reason for owning at least some bullion?
- Replies: 0
- Views: 3036
Another reason for owning at least some bullion?
There was an interesting discussion on the Boglehead site regarding the following article from William Bernstein, regarding the permanent portfolio (hat tip to petrico): http://www.efficientfrontier.com/ef/0adhoc/harry.htm Dr. Bernstein made a strong, and I think valid point regarding the inflow of ...
- Sun Aug 22, 2010 2:00 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP Buyers Remorse...Some Sound Feedback Needed!
- Replies: 45
- Views: 26981
Re: PP Buyers Remorse...Some Sound Feedback Needed!
The problem with stocks as per the firecalc outcomes is that lets say hypothetically you were about to retire in 2-3 years and you were at the end of a bull market (as would have happened if you wanted to retire in 1999-2000 or 2006-2007), you may have suddenly suffered a huge loss 20-30%. This lo...
- Tue Aug 03, 2010 5:52 pm
- Forum: Other Discussions
- Topic: Time logged in
- Replies: 5
- Views: 5376
Time logged in
At the top of the home page, we are greeted with a total time logged in statistic; at present I sit at 18 hours and 50 minutes. I may be in the minority here, but this makes me feel guilty when I come to read the latest posts (with thoughts of what else I should be doing with my time). I think it is...
- Sat Jul 31, 2010 12:55 am
- Forum: Gold
- Topic: iShares cuts expenses on IAU
- Replies: 10
- Views: 8878
Re: iShares cuts expenses on IAU
I am a little surprised that this has not generated more discussion. As many of us have a portion of our gold in ETF's in tax advantaged accounts for rebalancing purposes, has anyone moved from GLD to IAU, or if not, why? When I chose ETF's for gold, I opted for GLD (largest, smallest bid/ask spread...
- Wed Jul 28, 2010 1:55 pm
- Forum: Other Discussions
- Topic: iPad
- Replies: 29
- Views: 13978
Re: iPad
A friend has the smaller kindle and iPad. He thinks the iPad is of course superior to the kindle for reading any type of book with images or technical papers. But he likes the kindle for reading novels. Craig, I have a kindle, and have enjoyed it, but as you said, anything with images, graphs or ch...
- Tue Jul 27, 2010 10:28 pm
- Forum: Other Discussions
- Topic: iPad
- Replies: 29
- Views: 13978
Re: iPad
I have been resisting for months, as well, trying to wait until the first update. I am having a difficult time waiting, though, with the convenience of a birthday next month as an excuse luring me in. You have not made it any easier!craigr wrote: Well I bought an iPad last week after resisting for months
- Sat Jul 24, 2010 3:23 pm
- Forum: Other Discussions
- Topic: Recommended Books?
- Replies: 38
- Views: 17760
Re: Recommended Books?
If you want something in an audio format This podcast makes for interesting listening in a car: http://www.econtalk.org/ Russ Roberts is quite skilled in explaining economic issues to the layman, with interesting and varied guests. Incidentally, he was also a driving force behind the boom and the b...
- Fri Jul 23, 2010 10:29 am
- Forum: Other Discussions
- Topic: Recommended Books?
- Replies: 38
- Views: 17760
Re: Recommended Books?
Economics in One Lesson by Henry Hazlitt. Also available online. This is a short, easy to read book, with a profound lesson in the fundamental of economics (from an Austrian school perspective).
- Tue Jul 20, 2010 2:32 pm
- Forum: Stocks
- Topic: Is there a cult of the equity investor (speculator)
- Replies: 11
- Views: 8830
Re: Is there a cult of the equity investor (speculator)
When an economy has unfavorable demographics, a poor macroeconomic situation, political strife and a huge debt overhang, then stock markets are typically going to struggle as the underlying economy struggles. With regard to poor macroeconomics, particularly when you combine our Keynesian governmen...
- Tue Jul 20, 2010 12:13 pm
- Forum: Stocks
- Topic: Is there a cult of the equity investor (speculator)
- Replies: 11
- Views: 8830
Is there a cult of the equity investor (speculator)
This blog post from seeking alpha is not comforting, but does support the agnostic, and diversified approach to investing of the permanent portfolio. It can be summarized as a reflection on our country, and in particular, our financial services industry, having become centered on making money by doi...
- Sun Jul 18, 2010 10:29 pm
- Forum: Permanent Portfolio Discussion
- Topic: How do you separate PP from VP?
- Replies: 3
- Views: 3465
Re: How do you separate PP from VP?
I use an Excel spread sheet, and it makes it very easy to keep track of both the VP and PP, as well as percent holdings for the PP, despite having multiple accounts. If you are unfamiliar with Excel (as I was), I learned how, and created my spreadsheet in a couple of hours from a user.
- Sat Jun 26, 2010 1:15 am
- Forum: Cash
- Topic: Cash level and the accumulation phase
- Replies: 2
- Views: 4893
Cash level and the accumulation phase
When I add to my permanent portfolio, it goes into the cash component initially, regardless of the account (retirement, taxable, etc). When my cash component exceeds 25%, I use the surplus to buy the most lagging component, but do not allow my cash component to drop much below 25%, allowing for mino...
- Sat Jun 19, 2010 9:42 pm
- Forum: Permanent Portfolio Discussion
- Topic: Rebalance how often?
- Replies: 10
- Views: 8835
Re: Rebalance how often?
Clive, could you clarify what you mean by midway rebalancing? Thanks.Clive wrote: .....rebalancing yearly to rebalancing at 15/35 bands using MIDWAY rebalancing.
- Sat Jun 05, 2010 11:36 pm
- Forum: Gold
- Topic: Gold leasing
- Replies: 4
- Views: 4806
Re: Gold leasing
Being the only reply to your own thread is probably the social equivalent of taking your mom to the prom. Still, this topic intrigues me because I read of some investors that do not trust GLD, or IAU, and speak of market manipulation. The concept of gold leasing struck me as mysterious. I can see re...
- Sat Jun 05, 2010 11:20 pm
- Forum: Permanent Portfolio Discussion
- Topic: Vanguard as IRA Custodian for USian HBPP via ETFs
- Replies: 15
- Views: 12236
Re: Vanguard as IRA Custodian for USian HBPP via ETFs
The recent changes in the Vanguard fee structure for trading make holding ETF's more attractive. At present, my Vanguard holdings are in funds (except for TLT and a little SGOL). But this brings to mind a question regarding maximizing returns on volatility. With ETF's it would be possible to place s...
- Wed Jun 02, 2010 9:41 pm
- Forum: Gold
- Topic: Gold leasing
- Replies: 4
- Views: 4806
Gold leasing
What,if any, thoughts do my fellow posters have on gold leasing by the central banks, and, its potential impact on the performance of the permanent portfolio? I have thought of this as I think of the weather; interesting to talk about, but beyond my sphere of influence beyond wardrobe and activity s...
- Thu May 27, 2010 10:11 pm
- Forum: Permanent Portfolio Discussion
- Topic: Rebalance how often?
- Replies: 10
- Views: 8835
Re: Rebalance how often?
I like the idea of absolute standards taking the guesswork out of a rebalance trigger. That said, I am more comfortable with a 20-30% trigger band than a 15-35% band. It would push me out of my comfort zone to be sitting on 34.6% exposure to long bonds, or 15.3% exposure to stocks, and say, "let it ...
- Tue May 25, 2010 10:50 pm
- Forum: Stocks
- Topic: Ok to use VT (world ETF)"
- Replies: 13
- Views: 38460
Re: Ok to use VT (world ETF)"
A Permanent Portfolio, however, already has very strong currency insurance from the gold allocation. Adding international stocks seems redundant to me. Adding international stocks to the mix increases expenses and complexity, neither of which is a good thing. None other than Harry Browne would ag...
- Tue May 25, 2010 6:40 pm
- Forum: Stocks
- Topic: Ok to use VT (world ETF)"
- Replies: 13
- Views: 38460
Re: Ok to use VT (world ETF)"
I'm just starting out. I plan to put $25,000 in GTU, VGSH, VGLT and VT. I'm a Vanguard fan and I also believe I need "world" exposure. Fred, with VT, well over 50% of your equity exposure will be outside of the US. That is more than I personally want, and I have opted for a blend of 80% in VTI, and...
- Sat May 22, 2010 3:32 pm
- Forum: Permanent Portfolio Discussion
- Topic: What causes the Permanent Portfolio to go down?
- Replies: 42
- Views: 25514
Re: What causes the Permanent Portfolio to go down?
Hey, I'm still only on p.55 at bogleheads... ;D Thanks for the link. I'm now in the stage of thinking it might be a high-point to buy in but leaning to DCA in; waivering on a low-point is not really an issue to me, as I'd use money outside of the PP. Would be nice if we had data going all the way ...
- Sat May 22, 2010 12:28 pm
- Forum: Permanent Portfolio Discussion
- Topic: What causes the Permanent Portfolio to go down?
- Replies: 42
- Views: 25514
Re: What causes the Permanent Portfolio to go down?
Craig, you seem a very level-headed skeptic about this all, so can I ask what you, being intimately versed in the subject, see as the shortcomings or weakest side of the PP beyond simply a restrained upside? What are the devil's arguments out there against the PP? stylo~, I believe the greatest ris...
- Fri May 21, 2010 10:42 pm
- Forum: Other Discussions
- Topic: Favorite place you have been.
- Replies: 4
- Views: 5697
Re: Favorite place you have been.
For winters Canary Islands (Tenerife), particularly in February to catch the Santa Cruz carnival. Tenerife has one of the lowest temperature swings between summer and winter (ranging between something like 15 and 25 degree's Celsius). Well done, Clive. Your Canary Island destination intrigues me t...
- Wed May 19, 2010 9:26 pm
- Forum: Other Discussions
- Topic: Favorite place you have been.
- Replies: 4
- Views: 5697
Favorite place you have been.
As a member of the permanent portfolio family, I enjoy learning from you, and value your opinions. On this, the "other" page, I thought it might be interesting to hear of the favorite (or for Clive, favourite) vacation/place that you have been. For me, it was a Grand Canyon rim to rim hike with this...
- Tue May 18, 2010 6:36 pm
- Forum: Permanent Portfolio Discussion
- Topic: feedback on implementing US PP in IRA via ETFs, using Wellstrade as custodian
- Replies: 4
- Views: 4828
Re: limit order question
If I were to buy VEA with a limit order, would I enter a price of $30.35? Or is it prudent to "give 1 (or more) penny" to increase the chance of the order actually executing, such as a price of $30.36 (or when selling, do the opposite & enter a price of $30.34)? In a limit order, you will specify ...