Hawaii50

Most risk parity and all weather type portfolios (Ray Dalio) use a gold position for stability because it's inversely correlated with most other assets. Risk parity portfolios are for those nearing retirement or with enough assets they can't or don't want to sit through a massive market drop. In others words, they've won the game and it's their game to lose now. This guy (Frank Vasquez) has some really interesting stuff and the best part is he's not selling anything as far as I can tell.
https://www.riskparityradio.com/

Trip7

Last couple of months in a nutshell

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Gunfighter

Gold is a store of current value that can be useful in short term fluctuations. Any position larger than a few months of income/expenses or a single digit percentage of a long-term portfolio is a poor allocation of capital.

-Gold does not provide cash flow that can be used as an income replacement.
-Gold does not offer long term capital appreciation.
-Gold provides is a "safe space" in your portfolio for pretending haven't just lost your A55.

Do any of you know a "gold bug" who has sold a portion of their stake in a downturn and bought depressed equities or real estate? Most gold proponents just point to the stash, smile because they didn't lose money and go back to reloading brass.

*I resemble that last comment with a GS or two worth of gold, silver, brass and lead in the "just in case" pile. Next to the precious metals are a few cases of precious liquids from Kentucky and Napa. There is no long term financial purpose to the stash other than to feel good.

notEnuf

I always chuckle when the gold bugs claim it’s the ultimate financial and societal hedge. They are usually holding paper gold or spending time, effort and money to secure their stash. The paranoid delusions are in keeping with their personality disorder. I think this is how the legend of the evil leprechaun willing to do anything to secure their pot of gold started. That much of a hard asset to secure would drive me nuts because people can’t be trusted or keep quiet. It’s a shiny metal about as useless as rocks when the doomsday famine hits and zombies come for your brains.

ShyGuy

Stagflation is coming. Just you wait!

Gunfighter

It's time for a refresher on 1970s investing history.

Trip7

15 days later hows that "long term" chart looking?

*Stephen A Smith laugh*

Tesla is the only thing still holding ARKK above water. When(not IF) TSLA cracks to the downside the fund is done. Redemptions? You ain't seen nothing yet.

ARKK is an ACCIDENT waiting to happen

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Trip7

Hey [MENTION=34784]mispoken[/MENTION] how those long term ARKK returns looking?

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Planetrain

Got any LEAPS on RMO?
Asking for a friend.

mispoken

Better than AUPH over the last month, which if i recall, was 15% of your portfolio? (-27% vs your -29%).

The relevance to your question? I own exactly 0% of ARKK while you have 15% in AUPH.

Better update your algo!