Golden Butterfly finally completely invested as of 6/30/19.
Used XIRR (taking into account all contributions) to determine annualized before-tax return, based on 6/30-12/31 performance, of 12.1%.

As far as rebalance bands - the 40% bands that work well for the PP won't work as well here, because 8% of any one asset is too little. So I set mine for 30% bands (14-26%). Yup, that's exactly how my thought process went too. It was also my rationale for using 30% rebalancing bands. That reinforce...

In setting up asset locations for our Golden Butterfly-like (GB) portfolio back in the last week of June of this year when I completed it, I tried to follow the advice in Chapter 13 of The Permanent Portfolio by Rowland and Lawson (TPP). However, there were limitations of investments in my 401k (esp...

This is an age specific question, but for the younger investor, why would one not load up the ROTH space with equity? (Keep what is likely going to be the largest end amount tax free) I would like to but we had to use equities in our retirement accounts at our employers because they did not have go...

If it puts you at ease at all, from a technical standpoint there is no real hard resistance in gold until almost $1700. So if the breakout doesn't reverse in quick order here, there's a lot of room for this rally to run before the big institutional shorts will start to try to fade the rally. Buying...

Thank you pmward. You are giving us a lot of confidence that we are doing the right thing. Now all I have to do it somehow decide to buy the gold at around 1400. It is hard psychologically when I almost bought it at 1280 a few weeks ago. It feels like I should just go ahead and do it as my sense is ...

In the second scenario in my last post I failed to mention that the 25-30 year T-bonds would be in our Roth accounts.

Thank you for your kind remarks. But I still feel the need for guidance on my questions, which I'll try to state more clearly here: 1) Where should I put the gold funds and 25-30 yr T-bonds? Should I place the gold funds in Roths and 25-30 yr T-Bonds in rollover IRAs? Or should I place the gold fun...

One thing to remember is that these things do not need to be perfect. There is some flexibility in the system. This is supposed to be a simple system, not a complicated one. We humans have this natural tendency to want to just complicate the hell out of everything. There's not much benefit in over ...

My apologies for my probably poor way of writing the following. This is all so new to me that everything is not clear enough yet for me to be able to write about it well. Our in-service 401k, SSP (Employer supplementary savings plan), 403b, 401a, and 457b do not contain treasury funds, or even good ...

that's my final answer: 36.4% in physical, 63.6% in ETFs. [/quote] AND Just be aware of the tax implications of selling gold. Most of us keep ETFs in tax-advantaged accounts for future rebalancing purposes. You can use closed end funds in taxable to qualify for cap gains rates, but it's really a pa...

My question is how should one decide what percentage of one's gold asset should be held in either ETFs or closed end funds (CEFs) for rebalancing purposes? I believe it has happened historically that a single asset has reached the 35% rebalancing band three times in a row, Thank you for a great met...

I'm currently rearranging our full retirement nest egg investments around to implement the Permanent Portfolio, but actually more like the Golden Butterfly. I am 3-1/2 years from retirement and my wife is 8-1/2 years away. Right now I'm thinking about how to implement the gold asset. On page 159 of ...

Thank you everyone for your replies. I feel more confident now with the wisdom you all have shared with me. Now, it is on to worrying about how to proceed with the gold purchase, so I"m heading over to read that forum.

Sophie thank you for your kind welcome! For long bonds, buy...30 year Treasury bonds directly. Hold these for 10 years, then sell and replace with new 30 year bonds. These tend to be more volatile than TLT, which is actually what you want. I'm a little confused between the above quote from your post...

I'm currently implementing a very Golden Butterfly-like portfolio for our household's nest egg (I'm 3.5 years from retiring at 70.5 and my wife is 8.5 years from retiring at 65). Last year each of us read and committed to the Permanent Portfolio book then found portfoliocharts.com. For the ST treasu...

Personally what I would do is buy all of them at the next auction (next one is June 6). Then you can roll them a little each year. So if you want to target a 5 year rollover you sell and rollover 1/5 for the next 5 years, then after then they just roll automatically. If you do a 10 year rollover, y...