Stay cool...

General Discussion on the Permanent Portfolio Strategy

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frugal
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Re: Stay cool...

Post by frugal » Mon Mar 09, 2020 5:18 pm

Thank you Craig and HB !

You are the best.
mukramesh
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Re: Stay cool...

Post by mukramesh » Mon Mar 09, 2020 5:30 pm

Thanks CraigR! Very happy to have found your site in 2014.
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LittleDinghy
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Re: Stay cool...

Post by LittleDinghy » Mon Mar 09, 2020 5:58 pm

Yes, thank you Craig (and Harry). I discovered your book about 1-1/2 years ago, and my wife and I started implementing the PP (actually the Golden Butterfly variation - Tyler thank you too!) in March or April last year, and finally finished implementing it for our savings the end of June last year (so in it for 8 months so far). We're still learning and suspect that soon we'll soon be doing our first re-balancing, and so learning some more. When people ask who our financial adviser is, we tell them it is your book. Thank you!
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ozzy
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Re: Stay cool...

Post by ozzy » Mon Mar 09, 2020 6:52 pm

Yes indeed, thank you Craig (and Harry). I've implemented my PP variant (Juicy PP) years back and its keep my returns consistent. I sleep good at night with a hands-off passive portfolio that can endure any economic condition.

I also enjoyed your excellent book. Take care my friend.
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Re: Stay cool...

Post by geaux saints » Mon Mar 09, 2020 7:04 pm

craigr wrote:
Sun Mar 08, 2020 9:14 pm

I wish everyone well and hope you've been able to enjoy the stability and peace of mind I've had from the Permanent Portfolio over the years. I was happy to find Harry Browne's advice on it so long ago. It's great to see that it still serves the intended purpose of growing ones life savings in a safe and conservative way.

All the best,

-- Craig
Same to you.
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Pkg Man
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Re: Stay cool...

Post by Pkg Man » Mon Mar 09, 2020 8:54 pm

Good to hear from you Craig. I began the PP 10 years ago after going through the gut punch of the Great Recession, and realizing I had to do something different. I’ve stuck with it ever since and now around 90% of my investments are in the PP and it is a much less anxious time watching the financial turmoil. I owe you and MediumTex and other long-time posters here a debt of gratitude for helping me along in my learning process. And of course to HB’s sheer genius for devising the portfolio.
Thanks
ppnewbie
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Re: Stay cool...

Post by ppnewbie » Mon Mar 09, 2020 10:17 pm

Thank you, MediumTex, and Tyler! I am so happy I found this forum and your book. I put my 401k into the GB. I wish I could have done the same with my taxable portfolio but the tax implications would have been a major hit. Now, I can ride out my my losses in the taxable account over many years while the GB / HBPP stays upright.

It's interesting, I still find that very few people are interested in learning about the HBPP.

Anyway thanks again!
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Dieter
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Re: Stay cool...

Post by Dieter » Tue Mar 10, 2020 2:10 am

ppnewbie wrote:
Mon Mar 09, 2020 10:17 pm
...

It's interesting, I still find that very few people are interested in learning about the HBPP.

Anyway thanks again!
That will change of the markets keep going like they are....

Was a lot busier around here last time socks really tanked.

Almost a bear market...
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sophie
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Re: Stay cool...

Post by sophie » Tue Mar 10, 2020 8:29 am

Yes, thank you Craig for your insights - as always! This forum is a key piece of support for people interested in the PP or its variants, and it's important to keep it going. At least to me!

I'm sure a lot of people will jump on the PP bandwagon, like lawyers chasing ambulances, but of course it's too late...you want to be in BEFORE the stock market correction hits. Otherwise, it's the old market-timing buy high and sell low phenomenon, just applied to a portfolio rather than an individual security. This is why you want to stay with the PP even when it's enormously unpopular and lagging the stock market returns. It's because you know moments like this will come, and you can't predict when.
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Re: Stay cool...

Post by Ugly_Bird » Tue Mar 10, 2020 9:02 am

sophie wrote:
Tue Mar 10, 2020 8:29 am
Yes, thank you Craig for your insights - as always! This forum is a key piece of support for people interested in the PP or its variants, and it's important to keep it going. At least to me!

I'm sure a lot of people will jump on the PP bandwagon, like lawyers chasing ambulances, but of course it's too late...you want to be in BEFORE the stock market correction hits. Otherwise, it's the old market-timing buy high and sell low phenomenon, just applied to a portfolio rather than an individual security. This is why you want to stay with the PP even when it's enormously unpopular and lagging the stock market returns. It's because you know moments like this will come, and you can't predict when.
I'm the least convincing person in the world: nobody I was telling to about the HBPP became interested. To be more convincing I gave them THE book to read. Still didn't help.
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Kriegsspiel
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Re: Stay cool...

Post by Kriegsspiel » Tue Mar 10, 2020 9:03 am

sophie wrote:
Tue Mar 10, 2020 8:29 am
Yes, thank you Craig for your insights - as always! This forum is a key piece of support for people interested in the PP or its variants, and it's important to keep it going. At least to me!

I'm sure a lot of people will jump on the PP bandwagon, like lawyers chasing ambulances, but of course it's too late...you want to be in BEFORE the stock market correction hits. Otherwise, it's the old market-timing buy high and sell low phenomenon, just applied to a portfolio rather than an individual security. This is why you want to stay with the PP even when it's enormously unpopular and lagging the stock market returns. It's because you know moments like this will come, and you can't predict when.
As the ApostatedStick once said, when people want to buy gold, Treasuries, or stocks, I have them in stock.
There's this very disturbing set of studies where about half the articles printed in Science and Nature magazines, the two leading publications, involved experiments that could not be repeated by anybody.
- Peter Thiel
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Re: Stay cool...

Post by dualstow » Wed Mar 11, 2020 7:23 am

Smith1776 wrote:
Mon Mar 09, 2020 3:24 pm
LOL no. It’s a platform called Wealthsimple. And they’re friggin taking over Canada.
...
Robinhood. I have no interest in infinite leverage or saying “guh” every other sentence. ;D
Wow, another Robinhood outage. Third one in a very short time!
New York City disbanded its anticrime unit of plainclothes officers on June 15, part of a $1 billion reduction in the city’s police budget. —WSJ
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