Mad Money Machine

I’ve updated the Lazy Portfolio Smackdown returns through the end of Q3. Only mudfud and Tex Williams are in the black. They both invested in short funds, surprise! Of the professional lazy portfolios, the Harry Browne Permanent Portfolio is *only* down 2.2% YTD. It invests equal parts in total US stock market, 20 year bonds, short-term treasuries, and gold. Biggest loser so far is poulinbob, down 30% with equal parts of three Vanguard funds: Growth Equity, Precious Metals and Mining, and Total International stock index. OUCH!

BTW: Some returns may be adjusted in the days to come as dividends get reinvested in some funds.