mathjak107 wrote: ↑Tue Feb 23, 2021 9:48 am
Many investors don’t realize just how much even the most conservative portfolios can swing in a day .
They have heard over the years how the pp can be like watching paint dry because of the yin and yang of it ...I will bet not a lot of new users expect the daily swing they can see ....
I use Quicken for all my personal finances - income & expenses and all investment transactions. All my equity investments' prices get updated daily. Every so often I import them into an Excel worksheet and create a graph of my overall daily gains and losses and my cumulative year-to-date overall results. The picture is astounding of how much I've made or lost in a given day. And, in those same days how I'd have obsessed over not wanting to spend a relative few dollar and then deciding to not spend them. Which just pales in comparison to how much I have made or lost that day in my investments.
And, as you regularly point out...it's the same real money as if I did or did not spend it in the normal day-to-day way of spending or earning income through work.
What is the best source for getting the daily prices for each of the four components of the Permanent Portfolio? But let me refine my question.
1) My cash position will already be updated in Quicken
2) My equity position will already be updated in Quicken
3) My long term bonds will already be updated in Quicken
4) Buying gold via paper would already be updated in Quicken. But I'd have to manual enter the prices for physical.
What are your definitive sources for prices both for the past and for an ongoing daily basis for the four components of the Permanent Portfolio?
Daily is an unrealistic expectation unless one has 100% in short-term treasuries.
