Following a few months of radio silence, mostly due to Google Sheets breaking down last summer, I am pleased to return with an all new All Seasons Portfolio update!
We take a quick look at the December 2023 performance, and round up the year, before looking ahead for what 2024 has to offer.
Diversification is the fundamental feature of portfolio management and asset allocation, but is there more to it than just measuring correlation and calling it a day?
In this article, we look more closely into the concept of convex return relationships between assets, ensuring that diversifiers perform and thus protect against the drawdowns of other assets in the portfolio.
Convex diversification profiles play an important role in the All Seasons Portfolio for making drawdowns shallower and creating opportunities for earning rebalancing premiums.
The latest monthly portfolio update is now live with the June 2023 All Seasons Portfolio performance snapshot. After the disappointing May, June came with positive vibes.
May 2023 All Seasons Portfolio performance snapshot is now live on the blog. The month-over-month return retraced some of the April gains, but we remain up for the year.
In 2022, inflation made its presence clear and undeniable. While it can be argued whether we experienced an inflation "surprise", investors were reminded of the importance of inflation hedges in their portfolios as stocks and bonds suffered.
Gold is one such inflation hedge, but he narrative in financial media has bashed its capabilities of protecting against inflation in 2022, as the gold price ($) was barely flat for the year.
In today's article, we will be reviewing whether gold has lost its appeal as an inflation hedge, or if it rather needs to be viewed from a different angle.
April 2023 All Seasons Portfolio performance snapshot with a new look and feel. The focus is now shifted back to the portfolio, and the post is made lighter and easier to digest.