PRPFX has a lack of LT treasury exposure. This beautiful rally in LT treasuries the last two months has opened up a wide lead of the HB PP over PRPFX.
The surprise Swiss franc euro peg (which led to the largest one day drop in the value of the franc in modern times) also hasn't helped PRPFX any.
Update of Permanent Portfolio performance
Moderator: Global Moderator
Re: Update of Permanent Portfolio performance
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Update of Permanent Portfolio performance
The fund should have dumped the Swiss Franc years back when they got off the gold standard.MediumTex wrote:The surprise Swiss franc euro peg (which led to the largest one day drop in the value of the franc in modern times) also hasn't helped PRPFX any.
Re: Performance (Combining Permanent-Portfolio ETFs and Increasing-Dividend Stocks)
Yes, but I believe that PRPFX well outperformed the HBPP for 2009 and 2010.
Re: Performance (Combining Permanent-Portfolio ETFs and Increasing-Dividend Stocks)
Over the last three years PRPFX has outpaced HB PP by 42.6 pct to 38.8 pct in total return, albeit with greater volatility (per ETFReplay.com). Correlation is +0.72.
Re: Performance (Combining Permanent-Portfolio ETFs and Increasing-Dividend Stocks)
http://www.nytimes.com/2011/09/23/busin ... ivity.html
Wall Street Joins Global Stock Plunge After Fed Move
By MATTHEW SALTMARSH
Published: September 21, 2011
Personal Permanent Portfolio Account
Gold $7,114.80
Cash $7,361.94
Bond $7,781.12
Stock $6,861.69
Rebalance it by accumulating more stock and gold
Wall Street Joins Global Stock Plunge After Fed Move
By MATTHEW SALTMARSH
Published: September 21, 2011
Personal Permanent Portfolio Account
Gold $7,114.80
Cash $7,361.94
Bond $7,781.12
Stock $6,861.69
Rebalance it by accumulating more stock and gold
~~~~~~~Family Faith Friend~~~~~~~
Compassion Commitment Communication
~~~~~~Wisdom Work Wealth~~~~~~
Compassion Commitment Communication
~~~~~~Wisdom Work Wealth~~~~~~