My key questions then are: is the first - order benefit gained from applying McClung's drawdown and
portfolio allocation strategy rather than annual rebalancing to fixed asset proportions; and is modifying a globally diversified market cap portfolio to a Triad (or similar) portfolio necessary to benefit from McClung's strategy or is the global cap portfolio likely to be adequate and the required changes only offer second - order benefits?
Not exact matches
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.
Rather than playing Goldilocks with your investment
portfolio by trying to figure out whether the short - term stock market is too hot or too cold, you would be better served by focusing on your long - term asset
allocation, and low - cost, tax - efficient investment
strategy.