A Great Holiday Gift
Posted: Wed Dec 12, 2012 7:13 pm
I bought a copy of Craig and MediumTex's book, "The Permanent Portfolio" for myself a few weeks ago, even though I've been following Craig's blog for a long time. I've also been fully invested in the PP for the past couple of years, but having a copy of the book on my shelf just seemed to make good sense.
While at my parents' house for Thanksgiving the subject of investing came up at the table, and I briefly mentioned the strategy I use (the PP) in front of everyone at the table. In the past, I had discussed it with my 65 year-old father, but I was never sure if he was paying attention or not. His investment strategy sounds more like speculation and gambling to me-- but what do I know? I'd continue to send him links to Craig's articles occasionally, anyway.
I was surprised when my father leaned over to my brother-in-law while I was describing the PP and said to him, "It's actually a very conservative strategy." I guess I was surprised, since most people's reaction to 25% gold is, "What??? That's crazy!!"
Anyway-- I just purchased two additional copies as holiday gifts for both my father and my brother-in-law. And I urge you to, too. You never know who's portfolio you just might be saving!
http://www.amazon.com/The-Permanent-Por ... 118288254/
While at my parents' house for Thanksgiving the subject of investing came up at the table, and I briefly mentioned the strategy I use (the PP) in front of everyone at the table. In the past, I had discussed it with my 65 year-old father, but I was never sure if he was paying attention or not. His investment strategy sounds more like speculation and gambling to me-- but what do I know? I'd continue to send him links to Craig's articles occasionally, anyway.
I was surprised when my father leaned over to my brother-in-law while I was describing the PP and said to him, "It's actually a very conservative strategy." I guess I was surprised, since most people's reaction to 25% gold is, "What??? That's crazy!!"
Anyway-- I just purchased two additional copies as holiday gifts for both my father and my brother-in-law. And I urge you to, too. You never know who's portfolio you just might be saving!
http://www.amazon.com/The-Permanent-Por ... 118288254/