What is your current portfolio?

General Discussion on the Permanent Portfolio Strategy

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jalanlong
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What is your current portfolio?

Post by jalanlong » Sun Oct 27, 2019 5:14 am

I am interested to know from those who have been studying this a while, how many of you are still in the traditional vanilla 4x PP vs how many of you have done modifications (adding small caps or momentum etfs) or have changed your percentages entirely?
Last edited by jalanlong on Sun Oct 27, 2019 6:34 pm, edited 1 time in total.
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europeanwizard
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Re: What us your current portfolio?

Post by europeanwizard » Sun Oct 27, 2019 8:43 am

I've only been using the PP since 2016, and already have had severe doubts about the PP... However I haven't actually changed anything, except maybe added a VP (Variable Portfolio) for about 5% of my total invested capital.
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Re: What us your current portfolio?

Post by vnatale » Sun Oct 27, 2019 11:46 am

A correct inference is that you initially went 100% Permanent Portfolio?

Could you reveal how you invested each of the four segments (i.e., bought long term bonds or bought long-term bond fund, gold fund versus buying actual gold, and so on)?

Thanks

Vinny
europeanwizard wrote:
Sun Oct 27, 2019 8:43 am
I've only been using the PP since 2016, and already have had severe doubts about the PP... However I haven't actually changed anything, except maybe added a VP (Variable Portfolio) for about 5% of my total invested capital.
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Re: What us your current portfolio?

Post by jacksonm2 » Sun Oct 27, 2019 1:34 pm

I initially went all in with the PP in 2008 but transitioned to the GB about 3 years ago. The reason I did that was precisely for the reason people often warn about with the standard 4x4 - that it will be hard to stick with in times of prosperity when stocks are outperforming (hello Bud and Mathjak). The GB makes this much more palatable and if Tyler's charts are correct there is very little, if any, downside to it in comparison with the 4x4.
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europeanwizard
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Re: What us your current portfolio?

Post by europeanwizard » Sun Oct 27, 2019 1:55 pm

vnatale wrote:
Sun Oct 27, 2019 11:46 am
Could you reveal how you invested each of the four segments (i.e., bought long term bonds or bought long-term bond fund, gold fund versus buying actual gold, and so on)?
I'm in Europe, where we have to deal with negative interest rates and a rather lackluster economy. So I've got 25% gold ETF, 25% euro govt. bonds 7-10yr, 25% world stock market and 25% cash in a consumer savings account with high yield (and "high" meaning 0.5%).
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vnatale
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Re: What us your current portfolio?

Post by vnatale » Sun Oct 27, 2019 6:52 pm

Thanks for providing the requested information!

Vinny
europeanwizard wrote:
Sun Oct 27, 2019 1:55 pm
vnatale wrote:
Sun Oct 27, 2019 11:46 am
Could you reveal how you invested each of the four segments (i.e., bought long term bonds or bought long-term bond fund, gold fund versus buying actual gold, and so on)?
I'm in Europe, where we have to deal with negative interest rates and a rather lackluster economy. So I've got 25% gold ETF, 25% euro govt. bonds 7-10yr, 25% world stock market and 25% cash in a consumer savings account with high yield (and "high" meaning 0.5%).
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pugchief
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Re: What is your current portfolio?

Post by pugchief » Sun Oct 27, 2019 8:41 pm

My target allocation is:
35% Stocks (mostly VTI equivalents but a bit SCV and Emerging Markets)
50% Long and Intermediate Treasuries (approx combined duration 10 years)
15% Gold (all ETFs)

I consider cash separately, but like to keep a nice chunk available equal to about 10% of the value of the rest of the portfolio. Cash is all in FDIC insured high yield online banks and Vanguard/Fidelity money markets.
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Re: What is your current portfolio?

Post by boglerdude » Mon Oct 28, 2019 12:39 am

Underweight gold because of a rental property (inflation) and underweight US stocks because the rental is sensitive to US economy
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sophie
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Re: What us your current portfolio?

Post by sophie » Mon Oct 28, 2019 6:41 am

jacksonm2 wrote:
Sun Oct 27, 2019 1:34 pm
I initially went all in with the PP in 2008 but transitioned to the GB about 3 years ago. The reason I did that was precisely for the reason people often warn about with the standard 4x4 - that it will be hard to stick with in times of prosperity when stocks are outperforming (hello Bud and Mathjak). The GB makes this much more palatable and if Tyler's charts are correct there is very little, if any, downside to it in comparison with the 4x4.
Similar story here. I started the PP in 2010 (first using PPRFX then switched to a 25x4 in 2012), then started moving to the Golden Butterfly about a year ago. My reason was different from Jackson's though - it's because historically, the eras where the PP is likely to outperform the GB are all less common historically than prosperity, whereas the GB's underperformance relative to the PP in other conditions is small. No VP. Active retirement accounts are a separate stock/bond portfolio.

I've also been incorporating a slice of individual stock holdings into the GB's stock allocation - not as a VP like dualstow has done. I just decided I didn't want to be 100% into index funds...can't explain exactly why except that because they've become a dominant force in the market, so the likelihood of smart people figuring out how to game the system to my disadvantage goes up. And index funds are not a PP requirement per se; the portfolio works just fine with a basket of individual stocks.
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Re: What is your current portfolio?

Post by Cortopassi » Mon Oct 28, 2019 8:42 am

Regardless of the exact variant, it is days like today that make me glad I am in the PP.

There is so much potentially bad news (or findable bad news if that's what you are looking for!) out there that I would probably never be invested. The PP allows me to be, regardless of the market behaving irrationally or not, whether that's stocks, bonds or gold. I don't need to divine what the direction is.
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l82start
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Re: What is your current portfolio?

Post by l82start » Mon Oct 28, 2019 8:46 am

std 4x25 pp here, i have a couple (very) small amounts of shv and edv that i picked up out of curiosity, but they are realistically way to small a percentage to consider them tilt.
i did have a 401k at a previous employer that i had put some small cap in, also due to curiosity(again probably to small to call it tilting) but it got converted to std 4x when i moved it after a job switch.
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Re: What is your current portfolio?

Post by Kriegsspiel » Mon Oct 28, 2019 5:49 pm

Vanilla PP here. My VP is all stocks at this point.
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