Our favourite investment portfolio for every Singaporean is getting more attention! Business Times senior correspondent, Teh Hooi Ling, wrote about it in Sunday Times.
She did a back test from 2003 with $1 million. In 2012, it grew to $2.04 million. This is an 8% average annual return. But this is not the best part. We all know that stock market gives you close to double digit returns if you hold for a long period of time. But retail investors always make investment decisions based on greed and fear whereby they buy in a bull run and sell in a bear run. The Permanent Portfolio is able to assuage your fear as the drawdown for this portfolio is incredibly low. Hence you will not make the financial mistake of selling low.
Based on her chart, I estimated the portfolio merely dropped from $1.5m to $1.4m during the ...
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