I wrote to my brother-in-law about it once in the context of running it by him, letting him vet it for me rather than trying to convince him. He's more of a stock guy, an aggressive investor. (Turns out he's aggressive in general and has gone of the deep end, so if I ever stop posting here you should assume he wiped me out with the rest of my family. Ahem). He was turned off by a perceived limited upside.
farjean2 wrote:I would never try to convince anyone to use the HB-PP or any other portfolio. If things go wrong, I don't want to be responsible.
+1. I talk about the individual assets with certain friends and it seems that gold bugs can't be reigned in while non-gold investors are very hesitant about taking the plunge. I don't want to get someone into gold and then hear regular complaints about it not going up. "Are we there yet?" I hear that enough on this forum, haha.
And, dare I say it, I'm not fully convinced myself.
If I were, I'd go full pp. I'm quite content having the "money I cannot afford to lose" in the pp. But, like a lot of people, I feel a strong compulsion to throw a lot of money into stocks just as soon as it crashes again. (I know, know. You don't need to tell me).
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.