Gold Plus Low-volatility Stocks?
April 20, 2023 - Gold, Strategic Allocation, Volatility Effects
Does an allocation to gold truly protect a portfolio from downside risk? In their April 2023 paper entitled “The Golden Rule of Investing”, Pim van Vliet and Harald Lohre examine downside risks for portfolios of stocks (value-weighted U.S. stock market) and bonds (10-year U.S. Treasury notes) with and without gold (bullion) based on real returns… Keep Reading