Hey everyone, This is a question I’ve seen come up quite often — and it's one I’ve wrestled with myself as someone exploring and refining Harry Browne’s Permanent Portfolio (PP): “If the PP is meant to work over decades, why include long-term bonds, which are so vulnerable to rising interest rates? ...

I loved long bonds when I was 40 O0 Don’t want to stick my wife with them. What is your option and solution for LTB? Hug 🫂 I have quietly opted for what a lot of others here have chosen: shortening the overall duration. I have some long bonds, the oldest of which mature in 2050. But, I don’t buy ne...

when you go back thru time frames the last two decades it’s like equities and gold beat equities and bonds over most time frames . i am retired and really have no use for bonds at this stage . i keep a minimal amount but i can’t really say why . call me old school . equities gold and cash instrumen...

dualstow wrote: ↑Mon Jun 16, 2025 5:16 pm I loved long bonds when I was 40
Don’t want to stick my wife with them.

What is your option and solution for LTB?

Hug

Hey everyone, :) I've been a long-time advocate and holder of Harry Browne's Permanent Portfolio (HB PP) for a while now. I've really appreciated its stability and "all-weather" diversification through various market conditions. ☔☀️🌬️❄️ Initially, I started with the classic 25% stocks, 25%...

Smith1776 wrote: ↑Thu May 29, 2025 11:23 pm It's not too late to invest in Bitcoin.

It's too late to not invest in Bitcoin.

Please explain

• The total gold market cap is around $13 trillion.

• If Bitcoin captures just 10% of that market, that implies a BTC price of $600,000 to $1M.

Dear PP fellows, 👋 After all these years… I never managed to invest in Bitcoin. Yes, I watched, I read, I hesitated… and then did nothing. Now I look back and honestly think: We probably should’ve allocated at least 5% of our portfolio. Just that. Not all-in, not speculative. Just a small, steady po...

It seems likely that you forgot to write down one of the 12 words? Do you have an intuition as to what position the forgotten word was in? If you know that then brute forcing the seed phrase should be pretty easy. The BIP 39 dictionary has 2048 words. Hi 👋🏻 now like this: Imported Bitcoin addresses...

Hello everyone, 👋 I have an old paper wallet that I printed from a website a while ago. On the paper, there is a login link 🔗 and a mnemonic 📝. The problem is that the mnemonic only has 11 words, but I believe it should have 12. ❓ I used to log in to the wallet in the past and could see the balance ...

Hey everyone, Today my portfolio is roughly: • 🟡 30% Gold • 📈 30% Stocks • 💵 30% Bonds • 💰 10% Cash This is close to the Harry Browne Permanent Portfolio strategy, though not exactly the same (and not strictly rebalanced either). 🤔 I’m thinking of adding new money, but I’m trying to avoid rebalancin...

outside the US people are paying their plumber and barber in bitcoin? with what apps. Waiting for a dip in bitcoin but as 2020 demonstrated there might not be another dip. Printer turns right on I don’t see that … Binance had a card but it seems to finish Paying with cripto will be usual everyday?

PROBLEM

Rebalancing is not a minor detail—it’s a fundamental component of the strategy.

🔍 I’d really like to hear how others using the Permanent Portfolio are handling this. Do you adjust your rebalancing strategy to reduce the tax hit? 📬 Looking forward to hearing your thoughts. 1. Funds are in a Superannuation Account (Retirement Savings Plan) 2. Use a Vanguard Ready Made ETF (VDCO)...

👋 Hi everyone, hope you're doing well. I’ve been revisiting some aspects of my Permanent Portfolio (25% stocks, 25% long-term bonds, 25% gold, 25% cash), and there’s one issue I keep coming back to — one that I think is seriously underestimated: the tax impact of rebalancing 🔄💰. Rebalancing keeps ev...

Ahahah Why it was so difficult to have like 5% of capital in bitcoin? Why we are so afraid? 😳 PP followers may be averse to risk … ? Risk averse, for sure, frugal. I don’t want to be boring, but think of it this way: Pascal’s Wager, if I have it right, is the premise that you should believe in God ...

OCHOTONA Hi! Invesco's Swiss Franc ETF + iGOV iShares International sovereign bond ETF = both for 25% cash portion of PP? Or it is a second PP outside US-HB-PP? 8) ??? One consideration is that the IGOV has a duration of 7-8 years, similar to IEF. Some people implement a US Permanent Portfolio of 2...

OCHOTONA

Hi!

Invesco's Swiss Franc ETF
+
iGOV iShares International sovereign bond ETF

= both for 25% cash portion of PP?

Or it is a second PP outside US-HB-PP?

Hi

An US citizen should have 20-30% in directly euros ?

And an EU citizen should have 20-30% in US Dollars ?

Or the 25% gold on PP should be enough to protect us from currencies collapses ?


Regards

Problem is:

Gold is only 25%



Shouldn’t be enough to offset losses …

Waiting your comments I remain.


Regards

As a perhaps-humorous note, perhaps giving some insight into me: I currently live in Bitcoin City, El Salvador. And I still have the essentially same view of Bitcoin as I did when participating in this thread. Though I do wish I had bought a whole bunch back then! :D Hi 👋🏻 Can you explain your thou...

Hello 👋🏻 if I finally decided to create a Permanent Portfolio for the United States 🇺🇸, my reasoning is that, if the euro collapses 📉, having a significant portion of my assets in dollars 💵 would offer me more complete protection against the depreciation of the European currency 🇪🇺. In this scenario...

Hi WhiteElephant,

So, in that case, does it make sense to hold gold in EUR, cash in EUR, and then allocate stocks and bonds in USD?

Curious to hear your thoughts!

Cheers,
Frugal

Hello WhiteElephant,

Gold is exactly the same to be in USD or EUR ?

Regards!

Hi 👋, My main question remains: is it worth having 20–40% direct exposure to USD 💵, through US-domiciled ETFs traded in dollars? At one point, I seriously considered building a US-style Harry Browne Permanent Portfolio (HB-PP-USA) using US-domiciled assets. After all, that’s where the strategy origi...