Hacker News new | ask | show | jobs
by snikeris 3160 days ago
I would add that gold is an asset that does well when people lose faith in the dollar. It's insurance against the unthinkable.
1 comments

yeah but there, other currencies make more sense.
This is also intended to be a simple portfolio that your grandma can operate.
well is this advice of 25% applicable in this day and age, have we moved past precious metals occupying such a large percentage?
That percentage has been and will be debated forever, even by proponents of the Browne PP model, but 4x25 has done well as recently as the past two decades.

Also the exact number is not all that critical. Earlier versions of Browne’s portfolio were more complicated and he simplified it to 4x25 later on, still allowing that people could tweak it if they must. But 4x25 is simple and works.

For example?
euro, pound, yuan, yen