Rebalanced into GLD at 112.47, around 1170

Discussion of the Gold portion of the Permanent Portfolio

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buddtholomew
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Rebalanced into GLD at 112.47, around 1170

Post by buddtholomew »

Purchased GLD in taxable account to restore AA. Exchanged cash from a savings account for the purchase. All 4 assets are now well within tolerance.

What's the alternative and whose with me?

SPY full, TLT full, Cash full, GLD half-empty  ;)
Last edited by buddtholomew on Mon Dec 22, 2014 4:29 pm, edited 1 time in total.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
dragoncar
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Re: Rebalanced into GLD at 112.47, around 1170

Post by dragoncar »

Great, now it's gonna tank again... just in time for me to rebalance in Jan!
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buddtholomew
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Re: Rebalanced into GLD at 112.47, around 1170

Post by buddtholomew »

I'm leaning towards the "stick to the rebalance bands" group, but there's no law that requires one to rebalance all the way in one transaction (in this case it is possible to be half pregnant). It's easier for me to rebalance into gold when the rest of the portfolio has performed so well this year.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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