It's clearly a joke. But the joke isn't that I was hoping to find a thread full of dreams about blonds, but rather a thread where blonds would post their dreams. Perhaps too subtle, but I'm turning the "dumb blond" stereotype inside out.
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
Reub wrote:
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
Yep. TLT breached 116. It's nice to see blue instead of red on the bond part of my google spreadsheet.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Reub wrote:
Has anyone checked on the price of bonds lately? The yield on the 10 year is down to 2.4% and 2.0% sure looks possible! Please don't wake me from this dream.
I never would have even owned a LTT before I found the Permanent Portfolio.
Yep. TLT breached 116. It's nice to see blue instead of red on the bond part of my google spreadsheet.
...make that 117.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Again, without my discovery of the PP I never would have invested a cent in long term treasuries....so thank you, craigr MT and, of course, Harry Browne!
Reub wrote:
Ltt's are still saving the day. This is a great advantage over the BH portfolio.
Keep in mind that the PP invests in a barbell strategy (50% CASH/50% LTT's), which isn't dramatically different from a BH portfolio invested conservatively (FI traditionally invested in a bullet strategy). The 50/50 allocation has a higher overall duration and should benefit from a parallel yield decline across the curve.
I do however appreciate the benefits of owning a longer duration fixed income investment when yields are declining
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Is the next question we start asking going to be are 1% 30 year rates in the cards?
“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.� ~Talmud
Must have been another round of QE manipulating the market...
Oh, wait.
I love when LTT's go on a tear.
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
