What Is A Barbell Portfolio?

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold. -Ray Dalio A barbell portfolio divides investments up into a horizontal universe and cuts out the middle part. Imagine investments ranked along a rectangle shaped spectrum as shown below. Allocation percentage on the y-axis and maturities on the x-axis: The concept is most easily understood by using the example of a bond only portfolio. Short term bonds are often considered risk free or low in risk and the barbell portfolio loads up […]

The Black Swan Portfolio Performance: 17.96% Year-to-Date

The Black Swan Portfolio

This is a short update on how the model portfolios of the exclusive research service The Black Swan Portfolio have been doing. I will also briefly discuss some of our favorite holdings within the portfolio. You can read more about the methodology used here. Within the service there are two model portfolios: The Black Swan Portfolio which is a very aggressive portfolio. (Very aggressive equity investments but no options.) The Numeraire which is a very defensive portfolio. (Think a cash alternative.) The aggressive The Black Swan Portfolio is what I’ve been running since inception of the service in 2015. It exceeded all […]

18 Junior Gold Miner Picks You Can Steal From The World’s Greatest Investors

If ever there was an area in which to do the exact opposite of that which government and the media urge you to do, that area is the purchasing of gold. — Robert Ringer ETFs or Exchange Traded Funds are all the rage now. Theoretically they offer individual investors an improved investing experience over the traditional mutual fund. In practice things aren’t so crystal clear. One ETF that’s a terrible vehicle to buy is the Van Eck Vectors Junior Gold Miners ETF (GDXJ). It is an exchange traded fund that is supposed to hold a large number of junior gold miners. […]