TXN - The Near-Perfect Portfolio For Turbulence Ahead
- For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. But with index investing, there's no escape from a roller coaster ride.
- Early last year, we introduced the concept of the Near-Perfect Portfolio (NPP). Since that time, the market has made a remarkable recovery. From time to time, we like to revisit and provide the progress of the strategy.
- In brief, the NPP tries to avoid the pitfalls of index investing. Principles of NPP revolve around sustainable income, low drawdowns, capital preservation, and reasonable growth over the long term.
For further details see:
The Near-Perfect Portfolio For Turbulence Ahead