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	<title>Crawling Road &#187; risk control</title>
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	<description>The Permanent Portfolio, Investing, Finance and Random Thoughts.</description>
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	<itunes:summary>The Crawling Road Money Show focuses on investing, finance and economics. We discuss the Permanent Portfolio and other topics to make investing simple and successful.</itunes:summary>
	<itunes:author>Craig Rowland</itunes:author>
	<itunes:explicit>clean</itunes:explicit>
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	<itunes:owner>
		<itunes:name>Craig Rowland</itunes:name>
		<itunes:email>podcastsxml@crawlingroad.com</itunes:email>
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	<managingEditor>podcastsxml@crawlingroad.com (Craig Rowland)</managingEditor>
	<copyright>2010 Craig Rowland</copyright>
	<itunes:subtitle>Simple investing for success.</itunes:subtitle>
	<itunes:keywords>investing, permanent portfolio, indexing, stocks, bonds, cash, gold, harry browne, john chandler, craig rowland, craigr, crawling road</itunes:keywords>
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		<item>
		<title>Diversify Where You Put Your Money</title>
		<link>http://crawlingroad.com/blog/2011/12/10/diversify-where-you-put-your-money/</link>
		<comments>http://crawlingroad.com/blog/2011/12/10/diversify-where-you-put-your-money/#comments</comments>
		<pubDate>Sat, 10 Dec 2011 17:41:30 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=6076</guid>
		<description><![CDATA[




MF Global lays out the perfect case for Rule #10 in the 16 Golden Rules of Financial Safety:
Are customer accounts at brokerage firms safe?
Until the collapse of MF Global, that’s a question I thought I’d never have to ask.
Brokerage firms are required by law to maintain segregated accounts  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/12/10/diversify-where-you-put-your-money/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>iShares ETFs &#8211; Synthetic or Direct Holdings?</title>
		<link>http://crawlingroad.com/blog/2011/10/27/ishares-etfs-synthetic-or-direct-holdings/</link>
		<comments>http://crawlingroad.com/blog/2011/10/27/ishares-etfs-synthetic-or-direct-holdings/#comments</comments>
		<pubDate>Fri, 28 Oct 2011 01:40:52 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[ishares]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=6048</guid>
		<description><![CDATA[




Relating to this post about funds holding things they otherwise shouldn&#8217;t:
Vanguard Treasury Bond Funds Filled with Mortgage Garbage
A reader wrote to iShares to ask about their ETFs and find out which had direct holdings and which were synthetically run with derivatives. The directly held  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/10/27/ishares-etfs-synthetic-or-direct-holdings/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Vanguard &#8220;Treasury&#8221; Bond Funds Filled with Mortgage Garbage</title>
		<link>http://crawlingroad.com/blog/2011/09/30/vanguard-treasury-bond-funds-filled-with-mortgage-garbage/</link>
		<comments>http://crawlingroad.com/blog/2011/09/30/vanguard-treasury-bond-funds-filled-with-mortgage-garbage/#comments</comments>
		<pubDate>Fri, 30 Sep 2011 17:37:36 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5986</guid>
		<description><![CDATA[EyeDee over at the Bogleheads forum posts the following:
Those who own Vanguard Treasury funds to avoid mortgage-backed securities should probably be aware that as of 08/31/2011, Government Mortgage-Backed securities in Vanguard&#8217;s Treasury funds are up to:
17.7% in Short-Term Treasury Fund
17.4% in  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/09/30/vanguard-treasury-bond-funds-filled-with-mortgage-garbage/feed/</wfw:commentRss>
		<slash:comments>12</slash:comments>
		</item>
		<item>
		<title>Article: Lessons for investors from Japan&#8217;s lost decades</title>
		<link>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/</link>
		<comments>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 15:49:12 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5974</guid>
		<description><![CDATA[Hat Tip to Odysseusa for this article from Globe and Mail:
Lessons for investors from Japan&#8217;s lost decades
The lesson? Broad diversification works.
A Japanese investor who held government bonds, foreign stocks, precious metals and cash, in addition to domestic shares, would have blunted the  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Taking the Turns</title>
		<link>http://crawlingroad.com/blog/2011/08/19/taking-the-turns-2/</link>
		<comments>http://crawlingroad.com/blog/2011/08/19/taking-the-turns-2/#comments</comments>
		<pubDate>Fri, 19 Aug 2011 18:04:48 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5885</guid>
		<description><![CDATA[In relation to yesterday&#8217;s post on portfolio firewalls, it reminded me of something&#8230;
I knew a guy that was a seasoned network architect. We were talking one day about network design and highest performance. Being young and dumb, I thought that highest performance was all that needed to be  [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Portfolio with Firewalls</title>
		<link>http://crawlingroad.com/blog/2011/08/18/a-portfolio-with-firewalls/</link>
		<comments>http://crawlingroad.com/blog/2011/08/18/a-portfolio-with-firewalls/#comments</comments>
		<pubDate>Thu, 18 Aug 2011 22:50:50 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5869</guid>
		<description><![CDATA[A firewall is something designed to contain severe damage of a house, building or car to only one portion. The idea is if a fire breaks out it can be easily contained and the damage cannot spread to cause severe catastrophe. In a modern townhouse you have firewalls in case your neighbor&#8217;s place  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/18/a-portfolio-with-firewalls/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>A ship in the storm&#8230;</title>
		<link>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/</link>
		<comments>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/#comments</comments>
		<pubDate>Fri, 05 Aug 2011 00:14:45 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[permanent portfolio]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5820</guid>
		<description><![CDATA[The markets are very volatile. I will remind readers that your portfolio is a package made up of very volatile assets. But put together they make a smoother ride. The individual assets may move in strong directions, but the overall portfolio value is all that matters in the end.
Don&#8217;t focus on the  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Portfolio Update: Summer of Chaos!</title>
		<link>http://crawlingroad.com/blog/2011/08/02/portfolio-update-summer-of-chaos/</link>
		<comments>http://crawlingroad.com/blog/2011/08/02/portfolio-update-summer-of-chaos/#comments</comments>
		<pubDate>Wed, 03 Aug 2011 00:04:24 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[permanent portfolio]]></category>
		<category><![CDATA[rebalancing]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5815</guid>
		<description><![CDATA[Well I don't like checking on the portfolio too much, but I've been doing a lot of traveling this summer and apparently when I was not around the Euro is about to go kaput (we can only hope), the US is narrowly missing defaulting if a debt limit is not adjusted, there have been riots through the Middle East, the dollar has reached record lows against the Swiss Franc, there is a major heat wave striking most of the country and probably something else God-awful is sure to happen soon enough. ]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/02/portfolio-update-summer-of-chaos/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Asset Class Correlations: It&#8217;s All Bunk</title>
		<link>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/</link>
		<comments>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/#comments</comments>
		<pubDate>Tue, 14 Jun 2011 00:04:15 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=2191</guid>
		<description><![CDATA[Ever hear about asset class correlations? It's all bunk. ]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/feed/</wfw:commentRss>
		<slash:comments>16</slash:comments>
		</item>
		<item>
		<title>Geographic Diversification &#8211; Not Just for Confiscation Risk</title>
		<link>http://crawlingroad.com/blog/2011/03/16/geographic-diversification-not-just-for-confiscation-risk/</link>
		<comments>http://crawlingroad.com/blog/2011/03/16/geographic-diversification-not-just-for-confiscation-risk/#comments</comments>
		<pubDate>Thu, 17 Mar 2011 00:13:09 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[geographic diversification]]></category>
		<category><![CDATA[risk control]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5696</guid>
		<description><![CDATA[Harry Browne&#8217;s Permanent Portfolio incorporated not just diversification among the assets, but he also advocated diversification in how those assets are held.
Generally he advised keeping some gold outside of the country where you live. He also advised using multiple brokers/mutual fund providers  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/03/16/geographic-diversification-not-just-for-confiscation-risk/feed/</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
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