RULE#6

Discussion of funds that implement the Permanent Portfolio strategy

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jackely

RULE#6

Post by jackely »

After investing in PRPFX back in January I finally got around to reading "Fail-Safe Investing" while on a return flight from Hong Kong.

I thought a sentence in the chapter on RULE#6 was very interesting....

"The System that has worked perfectly up to now will go sour when you stake your money on it"

Then I checked my portfolio and for those of you who are distressed about the recent and YTD performance of PRPFX I have to confess it is all my fault.
Last edited by jackely on Sat Oct 01, 2011 1:35 pm, edited 1 time in total.
longeyes
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Re: RULE#6

Post by longeyes »

There's a drone circling your house. ;D
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smurff
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Re: RULE#6

Post by smurff »

And that drone is gonna rain down cats. ;)
pershing83

Re: RULE#6

Post by pershing83 »

PRPFX is just fine..

Times are hard. What's done better past 12 mos or for that matter YTD? Well, I can think of one VWINX, up 3.3% YTD.

I have not seen any results YTD for classic pp, anyone? I don't read all the posts so forgive me.
gizmo_rat
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Re: RULE#6

Post by gizmo_rat »

pershing83 wrote:
I have not seen any results YTD for classic pp, anyone? I don't read all the posts so forgive me.
http://madmoneymachine.com/2011/10/01/i ... -september
longeyes
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Re: RULE#6

Post by longeyes »

I started an HBPP account at the beginning of February: up 10 per cent to date.
jackely

Re: RULE#6

Post by jackely »

"I started an HBPP account at the beginning of February: up 10 per cent to date."


That's nice to know. I plan on starting my own HBPP in my retirement account as soon as my PRPFX sale is complete.

Will stay with PRPFX in my non-retirement account but converting 10% to EDV as Medium Tex has suggested.

Will be interesting to compare the two.
longeyes
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Re: RULE#6

Post by longeyes »

I also have a position in PRPFX started at the same time.  The performance disparity is...depressing. 
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