... in cash, and has been for significant periods of time over 30 year period:
the-tortoise-vs-the-hares: Personal Finance News from Yahoo! Finance=
the-tortoise-vs-the-hares: Personal Finance News from Yahoo! Finance=
You might think, but not really. Because 10 years ago, the portion that is allocated to stocks was at its high point. In reality, the PP is a form of "noncorrelating assets on steroids." Now if some believe the gold and cash portions aren't long-term growth assets, that may be fine, but they do reduce total portfolio volatility (cash for obvious reasons; gold for negative correlation with stocks) and provide some hedge against really bad economic situations.PP looks great right now because it is heavily weighted in gold. 10 years ago was probably PPs low point, right now is probably its high point.