Gyroscopic Investing

I am getting closer and closer to pulling the trigger on going full PP with no variable Portfolio.  I just realized something that is both good and bad about going full PP:

It doesn't matter what the market does for the rest of my life.  There's been some years historically where the PP has been down.  That's likely to happen again in the future.  I don't want to look at a downed PP and panic and pull out and go back to a "standard" equity/bond mix.  The only way to respond to such events is to stay the course and DO NOTHING but rebalance when the bands hit.

The upside is that I dont have to even think about the market.  It goes up 3% one day, who cares.  It flash-crashes down 15% mid day who cares!

Anyone else feel the same way?  I think this was Harry Browns whole point behind it.

Actually, I enjoy watching the PP in action on a daily basis.  It is just amazing to watch how these low correlation investments zig and zag while keeping your money safe.  Stocks down 5% today, Bonds up 4%, Gold up 2%, Cash stable . . . made 1/4 of one percent today.  Next day, Stocks back up 5%, Bonds down 3%, Gold up 3%, Cash up 1%. . . made 1/2 of one percent today.  Of course it doesn't make money every day, but its amazing how steady it is in these whipsawing manic-depressive markets. By watching the portfolio on a daily basis, I can see how it will protect me under Inflation, Deflation, Prosperity or Recession as one of these scenarios is being played out on almost a daily basis.  Now if watching it makes you want to tinker with the portfolio, by all means look at it infrequently.

I bought in a couple of months ago. I still enjoy looking how the portfolio performs every day. I get a kick out of all the opinion pieces saying that gold or bonds going down is "inevitable." I definitely don't read the news as if my portfolio depends upon it, like I used to. I am young and a finance major. The PP has definitely made me view my major in a different light. I used to want to work for a mutual fund or a hedge fund, but the thought of participating in that field repulses me.