All of this reflects a very deliberate & fairly
permanent allocation strategy — all in support of my quest for greater diversification & less correlation in my portfolio.
Not exact matches
@ dearime — the paper considers a static asset
allocation strategy like you suggest (though it isn't the
Permanent Portfolio) and a rising glidepath comes out on top.
The
strategy's performance since inception is below, as is comparative performance of the SPDR S&P 500 ETF (SPY), iShares Growth
Allocation (AOR), and the
Permanent Portfolio (PRPFX):
Features The
Permanent Portfolio: Using
Allocation to Build and Protect Wealth Based on Harry Browne's methodology, this
strategy holds four distinct asset classes to take advantage of varying economic states.
There are many things I like about the
Permanent Portfolio, especially that it's a passive
strategy based on asset
allocation and diversification, rather than forecasting or security selection.
The
strategy's performance since inception is below, as is comparative performance of the SPDR S&P 500 ETF (SPY), a balanced
allocation ETF, the iShares Growth Allocation (AOR), and the Permanent Portfoli
allocation ETF, the iShares Growth
Allocation (AOR), and the Permanent Portfoli
Allocation (AOR), and the
Permanent Portfolio (PRPFX):