Harry Browne’s Permanent Portfolio- 2020 update

Harry Browne (1933 -2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”

2020 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-billTotal return
iShares20.75%23.86%17.92%3.01%16.39%
Vanguard20.99%23.68%17.69%3.09%16.36%

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Harry Browne’s Permanent Portfolio- 2019 update

Harry Browne (1933 -2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”

2019 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-billTotal return
iShares30.87%18.54%14.93%3.42%16.94%
Vanguard30.80%18.36%14.30%3.51%16.74%

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Harry Browne's Permanent Portfolio- 2018 update

Harry Browne (1933 – 2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.


2018 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-BillPermanent
Portfolio
iShares-5.27%-1.39%-2.07%1.45%-1.82%
Vanguard-5.17%-1.54%-1.67%1.46%-1.73%

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Harry Browne's Permanent Portfolio- 2017 update

Harry Browne (1933 – 2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”
2017 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-BillPermanent
Portfolio
iShares21.23%11.56%8.92%0.27%10.50%
Vanguard21.05%11.41%8.58%0.39%10.36%

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Harry Browne's Permanent Portfolio 2016 update

Harry Browne (1933 – 2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”
2016 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-BillPermanent
Portfolio
iShares12.59%8.88%1.36%0.75%5.90%
Vanguard12.53%8.69%1.20%0.99%5.85%

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Harry Browne's Permanent Portfolio 2015 update

Harry Browne (1933 – 2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”
2015 returns for the portfolio, implemented with fund portfolios at iShares and Vanguard are tabulated below.

PortfolioTotal MarketGoldLong TreasuryT-BillPermanent
Portfolio
iShares0.96%-11.71%-1.65%0.45%-2.99%
Vanguard0.29%-11.78%-1.54%0.45%-3.15%

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Harry Browne's Permanent Portfolio

Let’s start with Harry Browne’s own words:

Harry Browne (1933 -2006)

For the money you need to take care of you for the rest of your life, set up a simple, balanced, diversified portfolio. I call this a “Permanent Portfolio” because once you set it up, you never need to rearrange the investment mix— even if your outlook for the future changes. The portfolio should assure that your wealth will survive any event — including an event that would be devastating to any individual element within the portfolio… It isn’t difficult or complicated to have such a portfolio this safe. You can achieve a great deal of diversification with a surprisingly simple portfolio.”

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