HELLO, when shall we stop following PERMANENT PORTFOLIO? NEVER ? WHY? All the best my friend! My view is that the Permanent Portfolio was specifically designed to operate within the context of the post-1971 fiat currency/fractional reserve banking system. I maintain a very strong conviction in the ...

One vote for the Sprott "PHYS" fund, here. I like the relative transparency of the fund. It is a bit less of a "black box" than many of its peers. I have more confidence that the NAV is matched ounce for ounce by actual gold stashed in a vault, and that the redeemability of share...

Post more often and btw tell us more about what inspired you to write this?? Well, I've been fascinated by the concept and philosophy of the Permanent Portfolio for years. I've thought a lot about it and accumulated countless pages of notes, reflections, and ideas regarding the topic. Eventually I ...

Read the book this afternoon in essentially one sitting (aside from getting up to cut watermelon to eat while continuing to read). Vinny Thanks for the initial reaction! I am very curious to see what people get out of the book. "Inspirational personal finance" is not a term or concept tha...

When you commit to the Permanent Portfolio, you are committing to purchasing all four component assets with the full and explicit knowledge that one of them will almost certainly preform ruinously over the next decade or so. We all have our thoughts and opinions regarding what that asset will be goi...

Read the book this afternoon in essentially one sitting (aside from getting up to cut watermelon to eat while continuing to read). Vinny Thanks for the initial reaction! I am very curious to see what people get out of the book. "Inspirational personal finance" is not a term or concept tha...

Dude. What the F*%k. This is the most awesome, out of nowhere, totally left field post I have ever seen on this forum. I just scanned the preview of the book, and it looks amazing. What's even more amazing is how someone who loves the PP so much doesn't post much on this forum. Like, really, where ...

"Investing Equanimity: The Logic & Wisdom of the Permanent Portfolio" I decided to write this book because the only way to truly satisfy my fascination with the concept of the Permanent Portfolio was to just write a book about it and "get it out of my system". I wrote it in ...

For physical (40% of my gold allocation) I order from silvergoldbull.ca . Free, fast shipping; usually the lowest premiums I can find. Online dealers are pretty much the only way to go, IMO -- brick and mortar dealers just can't compete. For international storage (40% of my allocation) I use Goldmo...

I "purchased" Harry Browne's "Rule Your World" audio series for $99 here However, the zip file that I was sent is corrupted and there is no response to my emails, even weeks later. I have a feeling that no one is actively managing that domain any more. I'm wondering where my mone...

I am less concerned with the viability of HBPP in the context of perpetually low interest rates than I am interested in HBPP's ability to survive the consequences of "perpetually" low interest rates.

In this regard, I am unconcerned.

With the PP, an important intuitive leap which must be made to really 'get it' is that you must judge the portfolio performance as an integrated whole rather than the arbitrary price action of individual components. If your friend didn't know what the PP was composed of, but showed him the historica...

alphatrackr.com is the best one I've found for manual tracking of a portfolio.

The PP is the vehicle I use for allocating my entire LIQUID portfolio, including war-chest cash reserves and savings for purchases that are years in the future, such as a new vehicle. I don't mentally divide my liquid assets by what account it is held in or what type of asset it is. I take a holisti...

Looks decent to me, without being familiar with the particulars of those specific ETFs. Good call on holding a good chunk of gold in physical form. If the "Gold Bullion Securities" you are referring to is gold equity, like miners and refiners and such, then that breaks the warranty of the ...

Do you have access to ETFs for French government Bonds and Bills? How do you plan to hold your gold?

Wealthsimple Trade will be launching soon and will allow Canadians to buy and sell over 8000 stocks and ETFs on both Canadian and US exchanges for free.

The classic PP works in Canada exactly as it was designed to, and has so for almost 50 years now, despite Canada always being tilted towards natural resources and commodities. If anything, the volatile boom/bust nature of commodities works in favour of the PP: it increases the volatility of your st...

The classic PP works in Canada exactly as it was designed to, and has so for almost 50 years now, despite Canada always being tilted towards natural resources and commodities. If anything, the volatile boom/bust nature of commodities works in favour of the PP: it increases the volatility of your sto...

Kbg wrote: ↑Wed May 23, 2018 9:01 am If anyone pays attention to ongoing academic research much of it is now pointing out how much of the previous stuff A) was garbage or B) was not garbage but now no longer outperforms.

Can you elaborate on this?

Check out That One Privacy Site . It features what is easily the most comprehensive comparative list of VPNs on the internet. His most highly recommended VPN is Mullvad . I personally use AirVPN because it is faster in my region than Mullvad but has a similiarly excellent reputation for privacy and ...

Tyler is defiantly on to something when he differentiates between volatility risk parity and economic risk parity. It seems to me that the PP is not at all a volatility parity portfolio. If it were, it would weight its constituent assets in proportion to the amount of volatility they have tended to ...

I think it is most essential that you ensure that your gold is not represented significantly through ETF holdings. As long as you have physical gold, you are automatically hedged against a systemic failure of the ETF system. If some major ETF's suddenly became illiquid or started trading at a signif...

Wait, what? Budd, you're a BODYBUILDER?

You don’t rebalance to beat the market. You rebalance to ensure you don’t get scared out of the market. This is the crucial element here. Again, it’s all about behavioral alpha. The suboptimal strategy that you stick with is better than the optimal strategy that you bail on. That’s because you’ll a...