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Ron Paul’s Successful Investment Portfolio

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Becket Adams
The Blaze
Friday, December 23, 2011

When it comes to investing, Rep. Ron Paul (R-TX) has made no secret where his preferences lie.

Total Return, The Wall Street Journal’s personal-finance blog, recently reviewed Dr. Ron Paul’s investment portfolio. According to the latest data available from his 2010 Form A financial disclosure statement, Dr. Paul is heavily invested in gold and silver.

The Wall Street Journal explains:

. . . Rep. Paul’s portfolio–fully 64 [percent] of his assets–is entirely in gold and silver mining stocks. He owns no Apple (NASDAQ:AAPL), no ExxonMobil (NYSE:XOM), no Procter & Gamble (NYSE:PG), no General Electric (NYSE:GE), no Johnson & Johnson (NYSE:JNJ), not even a diversified mutual fund that holds a broad basket of stocks.

His non-mining portfolio holdings includes 14 percent cash and 21 percent real estate investments, according to the Journal report.

“[Paul] has no love lost for bonds (0 percent of his portfolio) and a dismal outlook on the stock market. Only .1 percent of Representative Paul’s portfolio is allocated to stock funds, and all of those funds are bearish–inversely correlated to the performance of the market,” writes Chris Barth of Forbes.

(Investor Insights: What Are ECB Actions and Utility Stocks Saying About Gold?)

While some may call Dr. Paul’s investment portfolio unorthodox or risky, many call it successful. Due to the devaluation of the U.S. dollar, gold and silver have been in a bull market for the past decade, and it seems that Dr. Paul has had the foresight to invest in gold and silver mining stocks early.

“Paul’s portfolio is worth something roughly between $2.5 and $5.5 million, although that number has likely taken a hit as gold and silver prices have declined in recent months,” writes Barth.

Full story here.

This article was posted: Friday, December 23, 2011 at 8:50 am





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