mathjak107
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 27, 2005
- Messages
- 6,210
with all the confusion as to where we are headed i decided to add the permanent portfolio to my mix of core holdings. the fund is more a capital preservation fund then a growth fund. it just covers all the economic scenerios and basically says let the chips fall where they may.
although i followed this fund for years the heavy gold position weighted it down for decades. now that gold is back on the radar the fund has performed great but thats not it purpose.
the expense ratio is high but when you consider all the coverage including foreign currancys, foreign real estate, gold, silver, long term bonds etc it really isnt to bad, and if you turn a profit in a down market with very little risk then its all very worth it. none the less i figured a bet on nothing and a bet on everything at this point wasnt a bad way to go
although i followed this fund for years the heavy gold position weighted it down for decades. now that gold is back on the radar the fund has performed great but thats not it purpose.
the expense ratio is high but when you consider all the coverage including foreign currancys, foreign real estate, gold, silver, long term bonds etc it really isnt to bad, and if you turn a profit in a down market with very little risk then its all very worth it. none the less i figured a bet on nothing and a bet on everything at this point wasnt a bad way to go