Permanent Portfolio

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Dictionary Says

Definition of 'Permanent Portfolio'

A portfolio construction theory devised by free-market investment analyst Harry Browne in the 1980s. Browne constructed what he called the permanent portfolio, which he believed would be a safe and profitable portfolio in any economic climate. Using a variation of efficient market indexing, Browne stated that a portfolio equally split between growth stocks, precious metals, government bonds and Treasury-bills would be an ideal investment mixture for investors seeking safety and growth.
Investopedia Says

Investopedia explains 'Permanent Portfolio'

Harry Browne argued that the portfolio mix would be profitable in all types of economic situations: growth stocks would prosper in expansionary markets, precious metals in inflationary markets, bonds in recessions and T-bills in depressions. Browne eventually created what was called the Permanent Portfolio Fund, with an asset mix similar to his theoretical portfolio in 1982. Over a 25-year period, the fund averaged an annual return of 6.38%, only losing money three times.
Search results for

'Permanent Portfolio'

  • Permanent Portfolio Locks In Long-Term Profits

    http://www.investopedia.com/articles/financial-theory/09/wisdom-permanent-portfolio.asp
    Harry Browne believes his "permanent portfolio" theory is the ideal long-term investing
    strategy. ... Permanent Portfolio Locks In Long-Term Profits. ...

  • What is a permanent portfolio?

    http://www.investopedia.com/ask/answers/09/permanent-portfolio.asp
    A permanent portfolio is a portfolio construction theory devised by free-market
    investment analyst Harry Browne in the 1980s. ... What is a permanent portfolio? ...

  • An ETF Permanent Portfolio

    http://stocks.investopedia.com/stock-analysis/2010/An-ETF-Permanent-Portfolio-IVW-GLTR-HAP-RWX-PLW-EWL1102.aspx
    ... An ETF Permanent Portfolio. Posted ... Replicating the Strategy The permanent portfolio
    represents a great core strategy for investors. With ...

  • Add Some Real Estate To Your Portfolio

    http://www.investopedia.com/articles/mortgages-real-estate/08/real-estate-mutual-fund.asp
    ... diversification and return potential, there is an increasing trend toward finding
    a permanent place for real estate in institutional portfolio allocations. ...

  • CFA Level 1 Study Guide - Liabilities - Permanent Vs. Temporary ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/permanent-temporary-items.asp
    ... 8.21 Asset Impairment. 9. Liabilities: 9.1 Introduction; 9.2 Current Liability Basics;
    9.3 Income Tax Terminology; 9.4 Tax Deferred Liabilities; 9.5 Permanent Vs ...

  • Cut Your Tax Bill With Permanent Life Insurance

    http://www.investopedia.com/articles/pf/07/permanent_life_insurance_taxes.asp
    ... This becomes part of your total investment portfolio. ... it's important to know there
    are no restrictions on how much you can put into permanent life insurance. ...

  • 6 Smart Fund Picks for Dividend Seekers

    http://stocks.investopedia.com/stock-analysis/moneyshow/6SmartFundPicksforDividendSeekers.aspx
    ... Yacktman Fund (YACKX). For investors that are worried about inflation and
    purchasing power, we like Permanent Portfolio (PRFPX). ...

  • The 6 Most Common Portfolio Protection Strategies

    http://www.investopedia.com/articles/basics/11/5-portfolio-protection-strategies.asp
    ... Opponents suggest that both hard and trailing stops make temporary losses permanent. ...
    paying stocks is probably the least known way to protect your portfolio. ...

  • Add Income To Your Portfolio With Infrastructure

    http://stocks.investopedia.com/stock-analysis/2011/Add-Income-To-Your-Portfolio-With-Infrastructure-MLPI-AMJ-XLU-BIP1116.aspx
    ... term to permanent contacts operators are typically given to manage such assets,
    and you have a recipe for predictability. Options for a Portfolio Funds like ...

  • Add Income To Your Portfolio With Infrastructure

    http://stocks.investopedia.com/stock-analysis/2012/Add-Income-To-Your-Portfolio-With-Infrastructure-MLPI-AMJ-XLU-BIP0118.aspx
    ... term to permanent contacts operators are typically given to manage such assets,
    and you have a recipe for predictability. Options for a Portfolio Funds like ...

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