Sounds good. Very helpful.
Tyler, keep up excellent efforts. And THANKS!

Very good info. What is the takeaway for the traditional PP investor? In other words, the backtesting is based on an index for one thing. Second thing is that the results include re-invested dividends. So for the PP investor buying individual 30 yr bonds and holding them for 10 yrs, are the results ...

Bonds are tough to understand pour moi. Can I ask a question(s)? When people post results of backtesting bonds (here and at sites like portfoliocharts.com) are they the results of a fund like TLT or are they the results of the cost of a 30 yr individual bond? Does the result include the income from ...

Perhaps if you just compare different portfolios (allocations) it may not be appropriate for the younger investor. However if you view the PP as a package (for example, conceptually how the parts fit together, the idea that investments can be simple and not complicated, predicting, etc) then it is v...

The "permanency" of the PP is very valuable. It is more preferable to deal with smaller changes (adjust savings or spending) vs dramatic/surprise moves. There was a post in this forum (sorry, can't remember exactly who wrote it, maybe Sophie?) that explained that other portfolios do not co...

http://theirrelevantinvestor.com/2016/12/02/the-permanent-portfolio/ Seems overall positive but with caveats. Do you think it is a fair assessment of the PP? And are there any more advantages of the PP that he missed? I am newly committed to the PP style of investing and interested in gaiming a clea...

^ +1
good explanation. all clear.

P.S. Thx for pointing to peaktotrough.com

OP here. @ barrett. Yes, I was looking at the yield changes. Could you explain how duration effects the phenomenon? And why the LTTs are still more valid than 10 yr?
Thx

the PP holds 30 yr bonds because they are the most volatile (sensitive to changes in interest rates/price). Is that true? in the recent run-up in yield after the election the 10 yr bond seems to be at least as volatile if not more volatile than the 30 yr bond. In other words, the interest rate chang...

Great. Seems so simple - once you're shown the answer.

appreciate the quick reply. I see the point. Could you possibly give an example how it works? (new at this...)

it is frequently mentioned in the forum posts that people are adjusting their bond duration by holding more/less cash. Is there a simple way to understand what they are talking about and how to adjust for duration? Thanks.

^ +1

^ Thx. Got it. Will do.
May I ask, do you also use TLT?

Thx. follow up question: if withdrawing the cash then it is likely to cause the re-balancing of the portfolio more often, and don't both the coins and the bonds having specific values kinda present a challenge to easily shift things around/re-balance? Perhaps it will be trial and error and learning ...

If dividends cannot cover all expenses then is it OK to use only ETFs for the 4 sections of the PP (since it may be easier to withdraw from these vs physical gold and long term bonds)? This setup goes against the principles of the traditional PP and introduces additional risks. Is there a better way...

^ Excellent. Thx for sharing.

"ACWV" did not get any hits using the Search function. It is an ETF that holds both US and Int'l stocks (considered a World Stock fund and is based on equal weighting and has assets of $3.2 bil and ER .2) Does anyone hold this in the stock portion of the PP? VTI vs ACWV ACWV only shows res...

yield spread has nothing to do with volatility then. So even if the spread between a 10 yr bond and a 30 yr bond is narrow it does not effect the volatility of the 30 yr bond? In other words, if interest rates fall then 30 yr bonds still rise in price much more than 10 yr bonds even if the spread is...

these days the yield spread for 10 vs 30 is very narrow. The 20 yr and the 30 yr are equal (yesterday at least). Does this effect the volatility so that the usefulness of the LTT is less?
Is the question clear?

OK.
Still learning...

Clear.

if you buy a 25 yr bond then, when it hits 20 yr you purchase another 25 yr bond (the original duration).

Just getting my feet wet in understanding this portfolio - a lot more to learn... Is it the correct procedure to buy 30 yr bonds and then hold them for 10 yrs? And then sell the 20 yr bonds in order to buy more 30 yr ones? At the time of the "forced" sale there is either a capital gain or ...

It's helpful!
Thx