Gyroscopic Investing

hello !
Just finished reading the book and have finally decided to pull out the money under the mattress into this portfolio, opened brokerage accounts and did some research. I'm based in Singapore, so needed to look at equivalent ETFs etc. Having looked at the current market, it looks like the stock market index is at a high, the government bond prices are at 10% premium and still giving negative real returns (as are bank deposits) and gold is also pretty high right now ...Sooo i'm wondering, am i entering at a time when all asset classes in the portfolio are high and initial investments will heavily skew long term returns such that it will take years and years just to start showing returns...? Has anyone started the PP at this kind of a scenario? Any advice appreciated!

I started the PP last year (when everything was similarly "overpriced") and the portfolio has since performed to my satisfaction. One of the core tenets of the pp is that nobody knows what is going to happen, so we invest in a variety of assets to increase the odds we own the one that shoots the lights out.

My advice would be to give the PP a shot. Safety, stability and peace of mind combined with substantial real returns is nothing to sneeze at. Plus, if you end up unhappy, each piece of the portfolio is quite liquid so you would have no problem going back to what you used before.

Just my 2 cents


Ryan

Thanks Ryan, helps to know you had similar experience!
My understanding is that the PP works because the asset classes react differently to a particular economic condition - losses in one class get compensated by gains in another..
What i'm seeing in the Singapore market is very strange(i'm no economist anyway), since 3 of the asset classes seem to be bullish!
That's the source of my doubt!!
i'm thinking maybe i will start with a smaller portfolio and keep expanding it using a monthly injection....call it SIPP! (Systematically Invested PP).

regards