The Permanent Portfolio: Harry Browne's Long-Term Investment Strategy - Hardcover

Rowland, Craig

Hardcover

ISBN 10: 1118288254 ISBN 13: 9781118288252

Publisher: Wiley, 2012

Synopsis

An up close look at an investment strategy that can handle today's uncertain financial environment Market uncertainty cannot be eliminated. So rather than attempt to do away with it, why not embrace it? That is what this book is designed to do. The Permanent Portfolio takes you through Harry Browne's Permanent Portfolio approach which can weather a wide range of economic conditions from inflation and deflation to recession and reveals how it can help investors protect and grow their money. Written by Craig Rowland and Mike Lawson, this reliable resource demonstrates everything from a straightforward four-asset Exchange Traded Fund (ETF) version of the strategy all the way up to a sophisticated approach using Swiss bank storage of selected assets for geographic and political diversification. In all cases, the authors provide step-by-step guidance based upon personal experience. * This timeless strategy is supported by more than three decades of empirical evidence * The authors skillfully explain how to incorporate the ideas of the Permanent Portfolio into your financial endeavors in order to maintain, protect, and grow your money * Includes select updates of Harry Browne's Permanent Portfolio approach, which reflect our changing times The Permanent Portfolio is an essential guide for investors who are serious about building a better portfolio.

About this title

From the Back Cover:

"The Permanent Portfolio is an easy-to-access how-to manual. . . . This book doesn't just cover the theories behind this method; it also gives details for putting the theories to work in the real world."
--From the Foreword by J.D. Roth

No mattter how hard you try, market uncertainty cannot be eliminated. So rather than attempt to do away with it, why not embrace it? That's what the "Permanent Portfolio"--developed a few decades ago by the late Harry Browne, a successful financial advisor and author--was designed to do.

Authors Craig Rowland and J. M. Lawson understand the intricacies of this approach. And with this new book, they not only put them in perspective, but also add their own experience and insights to this proven strategy. Written in a straightforward and accessible style, this reliable guide will put you in a better position to invest and save in a way that will allow you to safely reach your financial goals.

Along the way, it takes you through every step of the process, and reveals how to set up and maintain your permanent portfolio. Topics touched upon include everything from diversification of asset mix and performance to investing and taxes.

If you're looking to build a better portfolio without the stress that usually comes along with this endeavor, then look no further than The Permanent Portfolio.

About the Author:

CRAIG ROWLAND is a serial entrepreneur who has been associated with several technology start-ups, two of which were ultimately purchased by Cisco Systems, Inc. At his last company, Psionic Software, Inc., he was founder, president, and CTO when purchased by Cisco. Another company Rowland was associated with was purchased by 3Com Corporation. He has provided consulting services to other start-up companies in addition to raising millions of dollars in venture capital for his own business. J. M. LAWSON is an attorney and retirement plan consultant. His practice involves retirement plan design and compliance issues, as well as assisting employers in creating and monitoring retirement plan investment policies and procedures.

About this edition

• Publisher: Wiley
• Publication date: 2012
• ISBN 10: 1118288254
• ISBN 13: 9781118288252
• Binding: Hardcover
• Edition number: 1
• Number of pages: 352