Being wealthy doesn't mean having all the money in the world, just not having to worry about it.

Lesson 20 – Ruining a Good Idea: The Permanent Portfolio

I’m not the first person to identify Treasury bills, Treasury bonds, and gold as effective hedges against stock-market declines. In fact, there is a well-known strategy known as the Permanent Portfolio, developed by the late Harry Browne, which has recently been making a comeback. Browne first referred to the idea of a Permanent Portfolio in Read more »