174 Fail-Safe Investing Part 2
Sep 25, 2014•21 min•Ep. 174
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Episode description
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.
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