U.S. Stock Market
Remains in a Bubble
DYI: Below is DYI’s aggressive model portfolio
is spin off of Harry Browne’s Permanent Portfolio fixed 25% in each asset
category. All I’ve done is used our valuation
averaging formula to our three uncorrelated assets – stocks, Long term bonds,
and gold with cash being our default asset and yet remains somewhat
conservative by only going up to a maximum of 50% in each asset except for
cash.
DYI’s
premise is with such diverse categories over broad periods of time there will
be a bull market for at least one if not two assets and significantly less loss
for those that are overvalued.
Reasonable growth with excellent downside protection alongside our goal
of outperforming Harry Browne’s Permanent Portfolio concept of fixed asset
categories. It is DYI’s goal as well to
capture 75% plus of the S&P 500 return over broad periods of time with
significantly less downside volatility.
Updated Monthly
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