The New Permanent Portfolio For Millennials

The original permanent portfolio was created by Harry Browne and consists of the following allocation:

25% in U.S. stocks
25% in long-term bonds
25% in gold
25% in cash

The idea behind this portfolio is that it’s diversified enough to get you through a wide variety of economic and market environments and simple enough that even a caveman could do it.
There are holes you could poke in this allocation but that̵…