Join our community of smart investors

Hard to justify Harry Browne portfolio structure

Our reader is following the Harry Browne Permanent Portfolio structure, but is finding it difficult to justify large holdings in long bonds and cash when interest rates are so low.

Our reader, who wishes to remain anonymous, is 49 and has been investing for 20 years. He wants to achieve steady medium-risk capital growth. He has tried to shift his portfolios towards the Harry Browne Permanent Portfolio structure (25 per cent gold, 25 per cent equities, 25 per cent long bonds, 25 per cent cash) but is finding it hard to justify holding 25 per cent in long bonds and 25 per cent in cash at present when interest rates are at all-time lows.

Reader Portfolio
Anon 49
Description

Harry Browne Permanent Portfolio structure

Objectives

Capital growth

Reader portfolio: Anon

To continue reading...
REGISTER FOR FREE TODAY
  • Read 3 articles for free each month
  • Educational articles and topical investment guides
  • In-depth podcast episodes by our writers and industry professionals
  • Interactive live webinars on investment themes that matter
Have an account? Sign in