I'm staying with the PP...
Posted: Tue May 05, 2015 11:28 am
I started my PP on December 16, 2014, and although it hasn't moved much, I'm staying with the PP. Some are clamoring about adding to their stock positions because stocks are on a win streak. Go ahead-load up. Not me. Things can change very quickly without warning. And today's supposed genius is tomorrow's outright fool. Remember the PP is for Capital Preservation. It's the portfolio to have when all hell breaks loose and all hell will break loose again. If I want to play around, I'll do it with my variable portfolios. I'll also increase my wealth by becoming more skilled at what I do for a living. That is what Harry suggested.
The four asset groups in the PP work together. That's the simple genius of Harry. I will change Harry's allocation if anyone here can tell me where these four asset groups will be one year from now, five years from now and ten years from now. You can stick with the talking heads, but I'll share a foxhole with Harry any time when the financial system is coming apart.
Class dismissed.
The four asset groups in the PP work together. That's the simple genius of Harry. I will change Harry's allocation if anyone here can tell me where these four asset groups will be one year from now, five years from now and ten years from now. You can stick with the talking heads, but I'll share a foxhole with Harry any time when the financial system is coming apart.
Class dismissed.