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Howdy,
Like the others have said, there are many reason why you would sell a fund or any investment. They've covered the bases, so I'll just talk about scaling out of a trade.
If I'm speculating in some particular asset class, I set mental stop l…
Hi PopTart,
It's hard to say and frankly, it so 'on the margin' that I'm not sure it's worth worrying about. The issue is that anyone holding this fund in a taxable account needs to check out their website for the following disclaimer. Note that…
Howdy,
I'd add some Asia via one of the Matthews funds like MACSX or MAPIX. Another possibilty after this addition would be either EUROX or TREMX.
peace,
rono
Hi PopTart,
They are different asset classes traded in different markets. Bullion is a commodity and traded on the commodity markets while stocks of companies that mine bullion are traded on one of the various stock exchanges.
As such, while the…
Howdy all,
In response to Mo earlier, he's absolutely correct that if we indeed have an extended bout with inflation, using debt wisely can be very, very beneficial as you're paying off your loan with cheaper dollars. That's why bond holders hate …
Hi Scott/Bee,
I'm not sure I'd read anything negative into this movement, but who knows. Keep in mind, however, that we've already entered the 'off season' for gold and it is normally downish until fall.
That's actually one of the most bullish …
Hi Andy,
If you feel we're facing a time of uncertainty, you need to get defensive. That historically meant healthy and consumer staples, underweight equities to bonds and whatnot.
Today, I don't really see that as sufficient - largely because…
Howdy,
I congratulate you both on being prudent and staying with your plans. It's very easy to get giddy as so many of us did back in the '90s. I remember old Art saying, that no one ever went broke taking profits.
Simple rebalancing can avoid…
MERKX and it's eastern sister MEAFX. I've played both of these but find the former seems to mirror PermPort PRPFX. Own some of the latter in wifey's Roth. They've also got a newer fund MABFX of which I am unfamiliar.
peace,
rono
HI Lisa,
Nice thing about a 100 oz ingot, is that you can paint it black and use it as a doorstop.
I've mentioned many times that a roll of gold eagles (20) in a nice square plastic tube is about the size of a quarter and a couple of inches tall. …
Hi bnath,
The philosophy of PRFPX is based upon Harry Browne's Permanent Portfolio. His thought was that if you bought and held certain percentages of particular asset classes you would do well in all markets.
This would mean that if due to appre…
Hi bnath,
Hope you are doing well.
Yes. PRPFX by defintion, SHOULD be a buy at all times in all markets.
PRPFX Fact Sheet: A Fund for all Seasons
http://www.permanentportfoliofunds.com/pdfs/perm/PRPFX.pdf
I sincerely believe that this fun…
Hi Lisa/all,
No. Mutual funds are taxed at regular rates. The problem lies with the bullion ETFs like SLV and GLD. They have had an IRS determination that they are collectibles and as such, taxed at the collectible rate of 28%. Like Bob mentio…
Howdy,
I own Tocqueville Gold TGLDX which contrary to its name is a full sprectrum precious metals fund, rather then pure play gold. It also owns gold bullion.
I've owned it taxable for years and love it.
Here's the Top 25 Holdings from m*:
…
Yeppers, there are a lot of sweet spots right now including silver. I'm riding SLV, SIL and SLW and FVI.
I'm looking at small cap canada and australia - CNDA and KROO. Pure play countries with a pot full of natural resources.
peace,
rono
Howdy,
Suck it up, youngsters. If this old geezer can adjust, so can you. The new format is more powerful and flexible and it'll be fine.
Give it a chance,
rono
Howdy,
Most of your better families have a Strategic Income fund - we use Price and Vanguard for wifey's stuff. Bob mentioned Loomis and you cannot ignore Pimco Total Return even if it's managed.
peace,
rono
