Developing a balance portfolio

sva14

Lots of finance experts state that we should all have a balance portfolio of our investment, which can includes shares, cash savings, pension, ISA unit trust, property and Gold.

What percentage split should one try achieve.

Obvioulsy it depends on how much you have to invest, but I am already investing in ISA UT, Pension, Cash Savings. Just looking to widen my portfolio to include the other like Property and Gold?

Advice / discussion welcome

thanks

dunstonh

ts of finance experts state that we should all have a balance portfolio of our investment, which can includes shares, cash savings, pension, ISA unit trust, property and Gold.

savings = cash
pensions, ISAs and unit trusts are tax wrappers
property and gold are an asset class.

That isnt balancing your portfolio. Its a bit like comparing petrol with cars and wondering which is the fastest.

What percentage split should one try achieve.

Obvioulsy it depends on how much you have to invest, but I am already investing in ISA UT, Pension, Cash Savings. Just looking to widen my portfolio to include the other like Property and Gold?

Advice / discussion welcome

Before you do anything you need to read up on the subject more as it appears you have some way to go yet. A balanced portfolio would be one that is spread across the asset classes (or sectors if you use funds). How much you pay into each will depend on your risk profile.

After that, then you consider which tax wrappers are best to achieve that. For some pensions will be better than ISAs or the other way round. For most, a combination will be best but how much in each will depend on personal circumstances.

Lokolo

If you do use funds I favourited a response from the guy above if you want to know the sectors:

http://forums.moneysavingexpert.com/showpost.html?p=15615839&postcount=15