Gyroscopic Investing

Not sure if this has been posted before and I just missed it. But this looks like a really good site. It also has links to crawlingroad.

http://europeanpermanentportfolio.blogspot.com/

There's some interesting stuff in here. I'm also glad Google Chrome (probably other internet browsers as well) automatically translates from Dutch to English. It's not perfect but it certainly gets the gist or it.

Ah yes, I remember Marc De Mesel from reading the epic Bogleheads Permanent Portfolio thread!  He's been looking at the idea of a European Permanent Portfolio for quite some time now.  I'm glad to see that he's still around.

I have to be honest.  I just can't get quite as comfortable with the idea of a Euro-based Permanent Portfolio as I can with one based on the dollar.  Having said that, looking at those German bond yields shows that it holds up astonishingly well in practice.

Lone Wolf wrote: Ah yes, I remember Marc De Mesel from reading the epic Bogleheads Permanent Portfolio thread!  He's been looking at the idea of a European Permanent Portfolio for quite some time now.  I'm glad to see that he's still around.

I have to be honest.  I just can't get quite as comfortable with the idea of a Euro-based Permanent Portfolio as I can with one based on the dollar.  Having said that, looking at those German bond yields shows that it holds up astonishingly well in practice.

The problem with a euro zone PP is that bonds are not backed by the EU. They are backed by the individual nations. It's a bit like the way things were here during the days of the Articles of Confederation. Some states were incredibly good with money and debt (like Virginia) and others were practically bankrupt and had to be bailed out by the national government after the Constitution was ratified. So there is not a lot of consistency in bond rates and credit quality in the EU.

How about equal parts of German Bonds, Swiss Francs, SGOL, and VT?

That seems pretty solid.