I don’t think it needs to be fixed? The fun with rice is that it is a consumption good and over time we’ve gotten better at producing more of most consumption goods. So if you want an idea of “what can I consume”, comparing it to rice bags could be a thing. That said, all we’re really doing is making a personalized consumer price index (i.e. personalized inflation), and a fairly concentrated one at that.
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Interesting! Whenever I see such a graph, I take notice. This is not DCA-ing until FIRE but a generational opportunity to switch from one asset class to another and ride up an elevator. There are a few more such ratios I know of, and they tend to move within a bandwidth.
There is a reason to measure value against a standard but I tend to go with the Bitcoin crowd when I feel that fiat currency mostly sucks. Sooner or later, any currency goes bust. Gold had it’s ups and downs, but never went out of order.
You mean sell gold and buy equity, because “reversion to the mean”? 
Yes, exactly. Staying invested but changing asset class. I’m currently sitting on almost 50% (calculated in CHF) precious metal that can go once it has served its purpose.
You might get some kicks out of this book
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I’d planned to switch to energy but I was slower than I would have liked given current events.
Got out of TQQQ with 90% profit overall over 9 months. Getting out 3 months earlier and letting principal compound (took out 100% gains when hit) would have been ~130% profit. Put all proceeds in SCHD.
Next time ‘round the 200SMA crosses above QQQ’s price I may go 100% from SCHD to TQQQ. 2-3 such trades could FIRE me for real.
Edit: tomorrow looks painful, at least it’s pay week. i was thinking, as @PhilMongoose wrote earlier, that the market isn’t pricing in worst case scenarios. Can’t see a way out from this mess in the next 6+ months.
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You mean daily prices on a yearly chart?
Not sure what you’re asking exactly, I meant that I’ll be watching QQQ’s 200SMA, and waiting for it to exceed QQQ’s price + 1% before rebuying any TQQQ. It’s a very simple trading strategy that’s gotten very popular the last few years on reddit because it backtests quite well for avoiding prolonged drawdowns.
Thanks - I mean if 200 daily values from a yearly time frame (currently at c. USD 593) OR 200 weekly values from a 5-year time frame (c. USD 436)? Looking at the graphs I presume you refer to the former.
Ah, I see, sorry, meant daily indeed.
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After peaking at +13% pre-Iran war, my portfolio has slipped to a sad +6%.
Meanwhile, I just logged onto my parent’s ‘no fucking around’ account to make adjustments and this account is up >14% YTD.
Maybe I should just mirror what I do for my parents…
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Maybe share, out of curiosity.
True. Annualised performance about 22%.
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It’s an active, low-transaction concentrated portfolio. Usually adjusted about once a year.
Currently about 40% energy stocks, 30% BTI, 20% Kazatomprom.
Was originally BTI+Uranium, then Switched to Gold, then Switch from Gold to Energy.
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I don’t like tacos for lunch. Can we keep it for dinner as usual?
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What is the Israelis FALAFEL while Trump is making his TACO?
FALAFEL: Fanning Aggression Leveraging Airpower For Endless Liability.
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At what point do we start calling this a correction/downturn? YTD the S&P500 is around -5% so not yet out of the “dip” category, but feels like it it can go much lower…
…prompting the obvious question “Why don’t you sell everything right now, then?”, and the obvious answer “I am too chicken”.