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Learn about the Permanent Portfolio - http://www.crawlingroad.com/blog/2013/08/12/permanent-portfolio-basics/ http://www.crawlingroad.com/blog/2013/08/12/perman
by mattm 12y ago
Learn about the Permanent Portfolio - http://www.crawlingroad.com/blog/2013/08/12/permanent-portfolio-basics/ http://www.crawlingroad.com/blog/2013/08/12/permanent-portfo...
It was created as very simple and easy to follow investment strategy by Harry Browne who had many years experience in the financial industry. It is meant to protect your wealth first and grow it with the market. No more, no less.
Also, Harry Browne's #1 rule of investing is:
Your career provides your wealth
Stick all (or at least most of it) in the Permanent Portfolio, forget about it and focus on your work.