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Scheduled Contributions to PP
Posted: Thu Nov 10, 2011 7:50 am
by mcg
What does Harry Browne have to say about contributions to the PP? What schedule (i.e., every paycheck/monthly/quarterly)? What allocation between the asset classes?
What caveats do you have for scheduled contributions to the PP?
Re: Scheduled Contributions to PP
Posted: Thu Nov 10, 2011 9:51 am
by KevinW
mcg wrote:
What does Harry Browne have to say about contributions to the PP? What schedule (i.e., every paycheck/monthly/quarterly)?
I can't recall him ever addressing this.
In principle I think you should get money into your portfolio as soon as practicable, since the PP is safer and earns a better rate of return than checking or savings accounts. Beyond that I don't think the schedule matters very much.
mcg wrote:
What allocation between the asset classes?
The blanket advice is to put all new contributions into cash. Then rebalance as necessary according to the regular 15/35 rules. That's what I do.
Re: Scheduled Contributions to PP
Posted: Sat Nov 12, 2011 12:28 am
by mcg