Outsourcing implementation, adding crypto and other customizations of Permanent Portfolio

So far we have seen what the Permanent Portfolio (PP) is (part 1), and how to implement it (part 2, and part 3). This is the 4th and final part of this DIY personal finance series. We will be covering:

Outsourcing the implementation of PP to a basket instrument

Customizing PP to add some risk to the portfolio

How to add high-risk instruments like crypto and derivatives to PP

Let us jump right in.

Outsourcing

It would be so much better if we could outsource rebalancing, investing, and exiting to a basket instrument. …


Why & how to rebalance, and the importance of having an exit strategy

In Part I, we saw what the Permanent Portfolio (PP) strategy is and how it helps you weather market crashes. In Part II, we saw how and where one should invest in order to implement this strategy.

In case you missed it (or forgot), we split the implementation into 3 steps:

1️⃣ Investing (covered in Part II)

2️⃣ Rebalancing

3️⃣ Exiting.

Today, we will be looking at rebalancing and exiting. Rebalancing is the cornerstone of not just the permanent portfolio but of any investment portfolio. You are not going to want to miss this.

Disclaimer: I am no financial expert…


How to implement the PP? Which exchange is the best? Which funds to invest in? How to pick a fund? And more!

Last week we saw the all-weather investing strategy by Harry Browne called the Permanent Portfolio (PP). In case you missed it, read here before you proceed.

In the 2nd installment of this series, we will look at how to implement the PP strategy. Let’s split the implementation into 3 parts:

1️⃣ Investing

2️⃣ Rebalancing

3️⃣ Exiting.

Disclaimer: I am no financial expert and I am not responsible for any losses you incur. Please consult with your investment advisor before you invest in any of the instruments mentioned below (they carry significant risk).

Investing 💰

Invest according to the split that you finalize…


I finally found an asset allocation strategy that works for me. It makes the right trade-offs and checks the right boxes. Low volatility — check. Not too time-consuming — check. Inflation beating returns — check.

In this 3-part series, I will lay it out in detail. Before we begin, lets address a few key points.

Disclaimer: I am no financial expert and I am not responsible for any losses you incur. Please consult with your investment advisor.

There is no one-size-fits-all strategy when it comes to personal finance because it is exactly that — personal. The below are the trade-offs…


What is originality? It’s when you get ideas that have not been thought of before.

Why is it important? Because novelty subverts expectations. It leads to the creation of something fresh, new, and well…original. Nothing like it has existed before; it’s a true contribution to the knowledge pool of humanity.

The problem, however, is that if you have thought of something, it is very likely that someone else has also thought of it. That is what makes originality hard. There are 8 billion¹ brains thinking and what are the chances that your brain has thought of something that other brains…


I.

If you think about it, arguments are an indispensable aspect of human existence. They are the only way 2 parties can come to an agreement and they are the only way 2 people can begin to resolve conflicts. Be it a 90 year old who wants to be euthanized or a 10 year old who wants to watch TV at 1 O’clock in the night, arguments are the only conciliatory tool we humans have.

Imagine if there was no such thing called arguments. What a boringly monotonous world it would be. Everyone would have the same opinion, have the same…


Its been a crazy week for cryptocurrency traders. This pic perfectly summarises it:

Image Source: Paybis

According to the cyrpto-subculture, the best strategy for making some money off of crypto is simple¹: buy the dip + HODL (hold on for dear life)²

Lets look at the 2nd part of the equation: HODLing. Where should one hold their crypto assets? Definitely not in exchanges. Unless you want to be like Bob here.


Recently, a disgruntled employee in our organization left a derisive comment on Yammer¹ about a password policy that was in place. He was frustrated as the policy added a truck load of friction to his work flow. He even went on to accuse the ‘policy makers’ of apathy.

What drove him to that point? There is a lot to unpack here.

Monopoly

Consider a B2C product; users have the option to jump ship in case they are annoyed with it. If they dislike Gmail, they can shift to Proton Mail. If they are incomfortable with Whatsapp, they can shift to Signal.


The FIDO2 Swiss Army Knife

AllinPass FIDO is another security key from FEITIAN that we are going to be looking at in this article.

The AllinPass FIDO’s form factor is different from most keys (which resemble a USB stick).

The reason it has this form factor is because it has a battery enclosed. Why? Because in addition to USB and NFC, it supports Bluetooth.

Not many security keys provide support for Bluetooth today. It is, however, one of the communication protocols supported by CTAP 2.0 for interfacing with the client (for example, a browser).


We travel to different places to have new experiences: meet new people, relish their local food, art and architecture, and marinate in their culture. Experience is the building block of physical travel.

The Internet has given us a whole new virtual world to travel in; travel is not restricted to the physical dimension anymore. Let us call this type of travel Digital Travel.

People and their content (their ideas/perspectives) are the building blocks of Digital Travel. …

Raghul Chandrasekar

Figuring out life one article at a time. More at bitsoveratoms.substack.com

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