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The World’s Best Investment Strategy That Nobody Seems To Like
FYI: Let me show you an investment strategy that has had only four losing years since 1971. Its ugliest drop was in 1981 when it fell just 4.1 percent. In 2008, when stocks dropped about 37 percent, it lost less than 1 percent. This portfolio makes sense. Why? Because, as recorded by Richard H. Thaler, in the Journal of Behavioral Decision Making, we hate investment losses more than we enjoy investment gains Regards, Ted http://assetbuilder.com/andrew_hallam/the_worlds_best_investment_strategy_that_nobody_seems_to_like
So far in 2014, it(permanent) has gained 6.4 percent to October 24th. Vanguard’s Total Stock Market Index, by comparison, gained 5.45 percent. VTSMX+10.53ytd Nov 7th (2 weeks later) and Permanent is ___? my guess...
The chief reason anyone writes about PRPFX is that 97-03 period. Before and after those six years, you do better (including the bumps he cites, almost) with something like GLRBX.
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VTSMX+10.53ytd Nov 7th (2 weeks later) and Permanent is ___? my guess...
What Investors Should Fear in the Permanent Portfolio
Regards,
Ted
YTD As Of 11/07/14:
VTI: 10.67%
TLT: 20.53%
VGSH: 0.54%
IAU: -(2.65)%
4 Fund Average Return: 7.27% - VTI Alone 10.67%