Gyroscopic Investing

Posted: **Thu Dec 05, 2019 7:50 am**

You’re not exactly going out on a limb with that opinion. It’s the reason Harry dropped silver from his older permanent portfolio, and the common consensus here.

Let us know if you buy it!

Posted: **Thu Dec 05, 2019 8:01 am**

i classify silver with mining shares .. very speculative and nothing i would bet the ranch on or hold long term . do you know i bought silver bars back in 1987 from republic bank when they sold them ... silver was 9.37 when i bought ... i sold around 10 and was glad as here we are decades later and it did not even double ...in the mean time a hypothetical 100k in the fidelity insight newsletter growth model i used for decades is worth 3.4 million today . the silver would not even have seen 200k

Posted: **Thu Dec 05, 2019 8:21 am**

I guess reading about the Hunt brothers cured me of betting on silver. I only buy coins to give away to nieces and nephews, and occasionally with Christmas tips.

Posted: **Thu Dec 05, 2019 11:10 am**

Along with the other assets of the PP, holding something reasonably volatile is useful, so yearly or at limits you have a chance to rebalance.

I hold silver for that reason (5%). Also for the fact it is "real" as a safeguard.

I think for the past 20 years, looking at a chart, there were likely multiple opportunities to sell and lock in profit on silver vs. buying all at point "a" and selling at point "b"

Sure, you can compare with your hypothetical holding, but would that holding have made it successfully through 2000/2001 and 2008 (not likely for me) and what is sure to come again?

Posted: **Thu Dec 05, 2019 11:51 am**

But is it real if you're just holding SLV?

That's probably how I would buy it if I wanted to buy a significant amount for short-term trades.

Posted: **Thu Dec 05, 2019 12:10 pm**

Cortopassi wrote: ↑Thu Dec 05, 2019 11:10 am Along with the other assets of the PP, holding something reasonably volatile is useful, so yearly or at limits you have a chance to rebalance.

I hold silver for that reason (5%). Also for the fact it is "real" as a safeguard.

I think for the past 20 years, looking at a chart, there were likely multiple opportunities to sell and lock in profit on silver vs. buying all at point "a" and selling at point "b"

Sure, you can compare with your hypothetical holding, but would that holding have made it successfully through 2000/2001 and 2008 (not likely for me) and what is sure to come again?

there are always opportunities to lock in profits with volatile investments ... that is exactly why i turn TLT and gld in to trading vehicles ... 80% of the time they are locked in a range and go up and down . the more ups and downs you can harvest the greater the profits ... since the other day when i sold TLT AND it went up a bit after i sold to where it was this morning was about a 12 or 14k difference in my portfolio from high to low in just 3 days

Posted: **Thu Dec 05, 2019 1:29 pm**

I just entered limit orders on gbtc ,slv and Ge ....we will see if any hit my price

Edit ..looks like none will hit as we enter the last half hour

Posted: **Mon Dec 09, 2019 12:03 pm**

just bought 600 shares us natural gas fund UNG ... it got pounded today down almost 7% and down more than 50% for the year ...

so it seems like a pick that may have been over sold . paid 16.92

Posted: **Mon Dec 09, 2019 2:33 pm**

Sold ung 2-1/2 hours later , 200 dollars richer for a mouse click ...

Bought 1000 shares gbtc bitcoin at 8.78

Posted: **Mon Dec 09, 2019 3:32 pm**

Ahh, UNG. Yet another ETF I lost money on years ago.

I know this is the variable portfolio section and specifically called daytrading, but man, it is so antithetical to the whole PP concept!

Posted: **Mon Dec 09, 2019 3:43 pm**

Well it definitely ain’t passive investing.

But except for the components of the pp like gold and treasuries the dollars traded are held to a very small percentage ....

I have no reservations keeping 500k in each of those components in the pp ....if I don’t get an exit point to take a quick 2 percent profit I don’t mind holding them . The pp is a fine portfolio these days .

But I tend to generate a lot more by doing these quick hits in gold and Tlt while the gain is there before it evaporates ...there always seems to be this pattern

Posted: **Mon Dec 09, 2019 3:47 pm**

Cortopassi wrote: ↑Mon Dec 09, 2019 3:32 pm Ahh, UNG. Yet another ETF I lost money on years ago.

I know this is the variable portfolio section and specifically called daytrading, but man, it is so antithetical to the whole PP concept!

I had 3 trades this year in gbtc ...up 300 , up 225 and the last one down 40 ...so we will try for a fourth trade

Posted: **Tue Dec 10, 2019 6:52 pm**

I have to ask: do you wear a fancy wristwatch?

Posted: **Wed Dec 11, 2019 2:21 am**

nope ... i have a 35 buck g- shock watch from walmart ... i am not in to watches or jewelry ... in fact i used to have watches with the hands and from drumming i would find at some point one of the hands would fall off from the vibration .

so i find the g-shock watches perfect

Posted: **Wed Dec 11, 2019 2:07 pm**

Gold and Tlt just sold .....up 5k .... now to wait for the typical drop...so far within 30 minutes of selling it both are down combined from where I sold by 2200.00 dollars..it is fluctuating wildly

Posted: **Thu Dec 12, 2019 8:00 am**

It's good to see you aren't infallible and did sell early, at least on gold. But you did make money.

Posted: **Thu Dec 12, 2019 8:29 am**

Cortopassi wrote: ↑Thu Dec 12, 2019 8:00 am It's good to see you aren't infallible and did sell early, at least on gold. But you did make money.

it always goes up after i sell . that is true most of the time with everything i do . but as you see there is always that roll back ...you can bet there will be some 11th hour resolution to Mondays tariff's . hopefully i will get a nice entry point as these two roll back .

Posted: **Thu Dec 12, 2019 8:37 am**

well there you go , news at 9:37

Trump: ‘Getting VERY close to a BIG DEAL with China. They want it, and so do we!’

so TLT and gld are selling off as expected with that news

edit : holy cow ... i am getting ready to buy in . . holy sh*t

Posted: **Thu Dec 12, 2019 8:59 am**

done deal ------500k in each and a 10k savings from yesterday ….i never catch the bottoms or the tops so I always end up leaving some money on the table buying in or selling out . But this is fine even though I am currently down a bit ...

that was quick . i kept averaging down until i hit the limit for the pp . what a sell off but i can't say it was a surprise.

You knew trump would say or do something not to tank the stock market like last years ending .ithought it would be over the weekend but he did it sooner .....

Posted: **Thu Dec 12, 2019 9:53 am**

Amazing. We just keep on winning these trade deals so easily.

Posted: **Thu Dec 12, 2019 10:27 am**

Luck ..... I can’t even tell you what my criteria is other than the seat of my pants ....it’s just Tlt and Gld no matter if they are trending up or down they still give you these 2% windows to buy and sell and create profits ....eventually I will get caught in a down trend and have to sit but so far so good

Posted: **Thu Dec 12, 2019 11:39 am**

I didn't mean you...I meant Trump's trade deals. Funny.

Posted: **Thu Dec 12, 2019 11:56 am**

Ha ha ha ...it looks like A total fall of more than 15k from my sale yesterday until this moment ... I show out of the 15 k drop I am down about 4K from this mornings buy , sparing an additional 11k fall.

Posted: **Thu Dec 12, 2019 5:29 pm**

mathjak107 wrote: ↑Thu Dec 12, 2019 11:56 am Ha ha ha ...it looks like A total fall of more than 15k from my sale yesterday until this moment ... I show out of the 15 k drop I am down about 4K from this mornings buy , sparing an additional 11k fall.

Got lucky. Almost got to hold it for a while TLT.

Posted: **Fri Dec 13, 2019 10:03 am**

this is crazy ... it is getting tempting to sell again after buying at yesterdays sale prices

Gyroscopic Investing

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