FYI: So far this year, stocks have given investors a white-knuckle ride. By February, global stocks had dropped more than 10 percent. By April they recovered. But then they went nuts. Some blame Great Britain for voting to leave the European Union. Three days after the United Kingdom’s June 23rd referendum, U.S. stocks fell 5.4 percent. International stocks dropped almost 10 percent.
But at least one investment strategy, at least this year, is leaving others in its wake: the Permanent Portfolio. By June 30th, it had gained 11.5 percent.
As a portfolio, some part of it is almost certain to rise, even in the worst markets. It combines gold, stocks, long-term bonds and cash in equal proportions. The mix never varies.
Permanent Portfolio Allocation
•25% Cash
•25% Long Term Bonds
•25% Stocks
•25% Gold
Regards,
Ted
https://assetbuilder.com/knowledge-center/articles/the-portfolio-that-rises-when-the-markets-go-haywireM* Snapshot PRPFX:
http://www.morningstar.com/funds/XNAS/PRPFX/quote.html
