Here's my idea: Set up a permanent portfolio with whatever money is precious to you. Then, any time you get to HB's rebalancing bands (15 and 35), you rebalance. Then any money in your Variable Portfolio that was in cash, you throw all in to the asset class that was below 15 in your PP. Obviously you could not use the VP to short the asset class above 35% of your PP, because this would violate HB's rule about not borrowing to invest/speculate.
Thoughts?
Variable Portfolio idea
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