Portfolio Rebalance

I dropped TMF for simplicity, and am only using TLT for bonds now. I substantially increased my account size, with the smallest increases in positions going to volatility hedge and gold.  Both were a little oversized.  I had gotten lucky with both as well.  But I think now it was too much and I was taking risk while not adhering to...

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Big day for the account, and to a lesser extent the permanent portfolio in general

I had been close to doing a rebalance of my volatility shorts, and realized that my SPY component is actually lower than it should be.  The shorts had become way unbalanced, which is what happens when volatility dies slowly. Because of these two things, every move higher was sort of neutral for my account.  I was somewhat hedged out of...

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To Rebalance, or Not To Rebalance

I find it very difficult to come up with hard rules on when to rebalance the volatility shorts.  Outside of the possibility that one of the two shorts could get way out of hand no matter what rules one comes up with, it's more likely that the hedging in general will lose efficacy when no rules are triggered for an extended period of time. So...

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