Sep 25, 2014
This is part 2 of my
review of Harry Browne's book
Fail-Safe Investing. It contains a discussion of the rest of
Harry Browne's rules for financial safety:
Rule #11: Create a bulletproof portfolio for protection.
Rule #12: Speculate only with money you can afford to lose.
Rule #13: Keep some assets outside the country in which you live.
Rule #14: Use tax reduction accounts.
Rule #15: Enjoy yourself with a budget for pleasure.
Rule #16: When in doubt, err on the side of safety.
Show Notes:
Rule #11: Create a bulletproof portfolio for protection.
Rule #12: Speculate only with money you can afford to lose.
Rule #13: Keep some assets outside the country in which you live.
Rule #14: Use tax reduction accounts.
Rule #15: Enjoy yourself with a budget for pleasure.
Rule #16: When in doubt, err on the side of safety.
Show Notes:
- Fail-Safe Investing by Harry Browne
- Episode 173: Fail-Safe Investing Part 1
- Episode on Financial Preparedness (discussion of the different economic conditions)
- Permanent Portfolio Historical Returns
- As always, it's up to you what you do with your money. I'm not a financial advisor and you will need to do your own research.
