4 ms·
You are all bonds and equities. This is betting on the previous 30 years of financial history going forward. You will be wiped out in a deflationary environme
by rubashov 16y ago
You are all bonds and equities. This is betting on the previous 30 years of financial history going forward. You will be wiped out in a deflationary environment or in a very high commodities inflationary environment.
Harry Browne's "Permanent Portfolio" is a wiser mix. You need at least some precious metals and commodities specific exposure.
Personally, I've been thinking a couple acres of black walnut saplings might be one of the best long term investments.
- sgoraya 16y agoI hold commodity ETF's in my taxable account. No reason behind it other than they were in my scottrade account prior to me getting behind the index fund strategy. > This is betting on the previous 30 years of financial history going forward. How does that old yarn go, past performance is no indication of future return. ;)
- bradshaw1965 16y agoHarry Browne can work but it takes amazing patience that most investors will never be able to muster. Wild about Harry William J. Bernstein http://www.efficientfrontier.com/ef/0adhoc/harry.htm http://www.efficientfrontier.com/ef/0adhoc/harry.htm