Articles on investing and capital management, with a quantitative focus.
Adding back into PRP
Earlier, I described a withdrawal from PRP where I sold some of my portfolio during a strong rally in stocks and gold. At the time, I made a commitment to reinvest the funds once I could.
Recently, 1/3 of these funds became available to me. The remaining 2/3 is still locked up. I invested the available amount immediately.
Luckily, the PRP is slightly lower than the point I sold at. Stocks, bonds, and gold have all declined recently.
I bought XIU (Canadian stocks), ZSP (US stocks), and XBB (bonds). I did not have to buy gold because it was already near its target weight in the portfolio due to a very strong year.
— Jem Berkes