Gyroscopic Investing

Many thanks for setting up this discussion forum.  First post, but looking forward to participating!

I have a sample PP set up on Morningstar to track performance and for re-balancing guidance.  I usually do not scoreboard watch, but checked it today after seeing a news report about riots in Greece.  The past few weeks and especially today are a stark (albeit extremely short term) example of the uncertainty insurance provided by Gold and Long Term U.S. Treasuries. 

Anyway, just a random very short term musing; but I am thankful to have read Harry Browne and listened to his message.  It is a good feeling to watch the Investment news with a detached unemotional Spock like perspective.  Just need to maintain my rebalancing discipline...

Glad to see you here. I too feel the same way. I watch these events with a detachment that I never had with my other allocation.

brick-house wrote:   It is a good feeling to watch the Investment news with a detached unemotional Spock like perspective. 

"Fascinating"...

Unlike today, some days the 3 volatile classes move strongly together.  But overall, it does seem the correlations lend themselves powerfully to an upward portfolio trend and major damage control.

Roy

Deja vu all over again.  Checked my sample PP over at Morningstar.  Same reaction as during the Greek riots.  I am continually humbled by the effective simplicity of the PP. 

brick-house wrote: Deja vu all over again.   Checked my sample PP over at Morningstar.  Same reaction as during the Greek riots.  I am continually humbled by the effective simplicity of the PP. 

What prevented you from investing in the Permanent Portfolio over the last 6+ months? When will you be satisfied that the PP is right for you?

buddtholomew wrote:

What prevented you from investing in the Permanent Portfolio over the last 6+ months? When will you be satisfied that the PP is right for you?

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I started my PP in 2004 - 2005.  Have been 75% PP and 25% Variable Portfolio since then.  Prior to that I was a 50/50 stock-bond investor. 

It did take me a while to implement my PP.  I eased in over several months.  It took me a while to view the portfolio as a whole and to stop viewing long term treasuries and gold as isolated assets. 

Variable Portfolio has had mixed success.  Got this latest bull market wrong in my VP (thankfully the PP had me in stocks, plus the re-balancing bands had me buying on some dips), but have had some successes.  Main reason for the VP is to satisfy my desire to tinker, guess, and gamble. 

brick-house, you should stop by more often.