Crawling Road

Permanent Portfolio Returns 2014

The Permanent Portfolio return for 2014 was +9.1% according to Morningstar’s data. This year saw a lot of volatility in the stock and gold markets, but the bonds came in to keep everything under control and lock in solid gains. Let’s discuss the results. Permanent Portfolio Returns 2014 Breakdown Here is the breakdown of the popular asset classes according to Morningstar. Just like the years before, these are to the nearest tenth and may not reflect all year-end dividends yet. So, these numbers may go up (or down) as...

Santa Bringing Negative Interest Rates To Switzerland

I just saw that the Swiss National Bank has lowered rates to negative territory (-0.25% right now). Fun times for the Swiss savers. Germany has also had rates touching negative land this year as well. Of course, U.S. rates for cash are hovering around 0% going on five years. Finally, I just got back from Japan and they’ve played in 0%-ville for at least a decade. These actions by the central banks really point out one of the many problems...