Permanent Portfolio Oct 2014 Rebalancing

Due to the excess USD I got after I abandoned my "Decision Moose" strategy, I decided to buy all 4 asset classes during the latest round of re-balancing. Of course, the majority of the fund is used to buy Gold, which has not seen any recovery thus far.

My percentage gains will drop each time I rebalance as the same absolute gain is now divided over a larger capital base. Below is the result:

Market crystal ball gazers

In today's Sunday Times (5th Oct 2014), there is an article interviewing professionals about their outlook on the different asset classes. Well I thought it would be interesting to note down their views and see how the real scenario will pan out towards the end of the year. Well, here goes...

UOB Asset Management chief investment officer for equities and multi-assets, Mr John Doyle:
" Given the cyclical pickup in demand, we are overweight on the technology sector, which continues to benefit from rising corporate expenditure and the  IT upgrade cycle that has been suppressed so far due to prior uncertainties"

"Mr Doyle is most bullish on US stocks and neutral on Asian markets."

"Singapore market will likely remain range-bound in the quarter ahead"

OCBC Investment  Research head, Carmen Lee:
"As such, for the Singapore market,..., we expect the typical year end lull period to persist"

In addition, OCBC Bank economist Barnabas Gan gold price will drop further for the rest of the year while Mr Lim Say Boon, chief investment officer of group wealth management and private banking, believes gold "is likely to be trapped sideways over coming months"

For the fun of it, I'll give my take: Equities worldwide, especially the US market will suffer a drop and gold will rebound. I'll revisit these predictions towards the end of the year.