- We introduced the concept of the Near Perfect Portfolio (NPP) a year ago, last year. Since then, the market has made a remarkable comeback. It's probably time to revisit it.
- 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.
- NPP portfolio 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:
Retirement: The Near-Perfect Portfolio Revisited