US version of a Goldsmith PP?

General Discussion on the Permanent Portfolio Strategy

Moderator: Global Moderator

Post Reply
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

US version of a Goldsmith PP?

Post by ppnewbie » Sat Feb 20, 2021 8:04 pm

Curious if there any funds / etf’s in the Vanguard family or other major players that could be used for a US Goldsmith PP.
whatchamacallit
Executive Member
Executive Member
Posts: 750
Joined: Mon Oct 01, 2012 7:32 pm

Re: US version of a Goldsmith PP?

Post by whatchamacallit » Sat Feb 20, 2021 8:31 pm

Would iau plus

Vanguard Wellesley do it?

https://investor.vanguard.com/mutual-fu ... view/vwiax
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: US version of a Goldsmith PP?

Post by ppnewbie » Sat Feb 20, 2021 8:53 pm

Maybe - I was actually looking at that recently. Then also started looking at Wellington. I’m going to backtest Wellington / IAU against the PP. Thanks for the suggestion.
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: US version of a Goldsmith PP?

Post by ppnewbie » Sat Feb 20, 2021 9:11 pm

That’s actually pretty close!
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: US version of a Goldsmith PP?

Post by Smith1776 » Sat Feb 20, 2021 10:06 pm

The GoldSmith PP is catching on! Woohoo! ^-^ O0
🛞 The All-Terrain Portfolio 🛞
User avatar
Hal
Executive Member
Executive Member
Posts: 1349
Joined: Tue May 03, 2011 1:50 am

Re: US version of a Goldsmith PP?

Post by Hal » Sun Feb 21, 2021 4:19 pm

Can't get much closer than that!
Actually quite surprised how well it did in 2008-9....
Attachments
PP=Blue GoldSmith=Red.png
PP=Blue GoldSmith=Red.png (81.06 KiB) Viewed 3092 times
Screen Shot 2021-02-22 at 9.10.27 am.png
Screen Shot 2021-02-22 at 9.10.27 am.png (30.89 KiB) Viewed 3092 times
Screen Shot 2021-02-22 at 9.01.12 am.png
Screen Shot 2021-02-22 at 9.01.12 am.png (56.51 KiB) Viewed 3092 times
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: US version of a Goldsmith PP?

Post by ppnewbie » Mon Feb 22, 2021 12:35 am

I ran 100% wellesley, 75% wellesley, 25% IAU, and an HBPP(TLT,IAU,VTI,BIL). They were all pretty similar. I also did one with Wellington funds. None of the portfolios took a big hit during the March crash. The images show the numbers before the market downturn and at the bottom.
Portfolios.jpg
Portfolios.jpg (208.21 KiB) Viewed 3034 times
Wellesley-USGoldsmith-HBPP.jpg
Wellesley-USGoldsmith-HBPP.jpg (288.11 KiB) Viewed 3034 times
March-Crash.jpg
March-Crash.jpg (40.33 KiB) Viewed 3034 times
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: US version of a Goldsmith PP?

Post by dualstow » Mon Feb 22, 2021 8:16 am

Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.

Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).

https://www.portfoliovisualizer.com/bac ... tion3_2=60
Sam Bankman-Fried sentenced to 25 years
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: US version of a Goldsmith PP?

Post by ppnewbie » Mon Mar 01, 2021 8:36 pm

I wish I could backtest VCIT / VTI further.
User avatar
Mark Leavy
Executive Member
Executive Member
Posts: 1950
Joined: Thu Mar 01, 2012 10:20 pm
Location: US Citizen, Permanent Traveler

Re: US version of a Goldsmith PP?

Post by Mark Leavy » Mon Mar 01, 2021 8:41 pm

dualstow wrote:
Mon Feb 22, 2021 8:16 am
Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.
Wellesley and a little bit of gold is about as simple as it gets.

I'm working with a tattoo artist now to figure out how to put those instructions on the uv cranial treasure map.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: US version of a Goldsmith PP?

Post by dualstow » Mon Mar 01, 2021 8:58 pm

Wow! The treasure map is going on your scalp?
Sam Bankman-Fried sentenced to 25 years
User avatar
jalanlong
Executive Member
Executive Member
Posts: 829
Joined: Mon Jul 01, 2019 7:30 am

Re: US version of a Goldsmith PP?

Post by jalanlong » Mon Mar 01, 2021 9:42 pm

dualstow wrote:
Mon Feb 22, 2021 8:16 am
Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.

Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).

https://www.portfoliovisualizer.com/bac ... tion3_2=60
Wellesley stocks are large cap value stocks according to morningstar. So you might need to use VTV to backtest with.
User avatar
dualstow
Executive Member
Executive Member
Posts: 14231
Joined: Wed Oct 27, 2010 10:18 am
Location: synagogue of Satan
Contact:

Re: US version of a Goldsmith PP?

Post by dualstow » Mon Mar 01, 2021 10:32 pm

Ah yes, good point.I should know that by now, as I own VVIAX (the fund version of VTV) in a traditional IRA that i never look at.
Sam Bankman-Fried sentenced to 25 years
User avatar
Hal
Executive Member
Executive Member
Posts: 1349
Joined: Tue May 03, 2011 1:50 am

Re: US version of a Goldsmith PP?

Post by Hal » Tue Mar 02, 2021 1:42 pm

As an aside, this is a chart of how the Aussie GoldSmith components have performed recently.

Anyone else have info from their countries?
https://www.asx.com.au/prices/charting/ ... rame=daily
Attachments
Screen Shot 2021-03-03 at 6.26.04 am.png
Screen Shot 2021-03-03 at 6.26.04 am.png (114.27 KiB) Viewed 2762 times
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3505
Joined: Fri Apr 21, 2017 6:01 pm

Re: US version of a Goldsmith PP?

Post by Smith1776 » Tue Mar 02, 2021 2:30 pm

Canadian GoldSmith PP performance here!

GoldSmith PP Canada.png
GoldSmith PP Canada.png (207.3 KiB) Viewed 2752 times
🛞 The All-Terrain Portfolio 🛞
User avatar
Hal
Executive Member
Executive Member
Posts: 1349
Joined: Tue May 03, 2011 1:50 am

Re: US version of a Goldsmith PP?

Post by Hal » Tue Mar 02, 2021 9:59 pm

And here are the individual components of the US Goldsmith PP.

Wouldn't think the PP would have so little volatility after looking at Gold alone :o
Attachments
Screen Shot 2021-03-03 at 2.52.35 pm.png
Screen Shot 2021-03-03 at 2.52.35 pm.png (153.09 KiB) Viewed 2708 times
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
Post Reply