Bit of basic advice wanted

markwilkinson

Can ask you guys a question please?

I keep reading about the various ratios of different holdings within an overall financial portfolio.

For example, I think the general advice is no more than 5%, of your overall portfolio to be held in gold?

I guess I have 5 different types of financial holding. The property we live in (no interest in expanding that to buy to let, currently)

Pension(s) x 2, ( contributing to one only).

Cash (in ISA and elsewhere).

Shares (direct holdings, got my fingers burnt on an IT in the past).

Gold (physical)

I'm probably asking an impossible question. I realise everyone's preferences are different and some will criticise the decision to ignore packaged investments over holding gold, for example.

I just wondered if there was some kind of definitive list of ratios?

The reason for asking is that I think, I've yet to work out the percentages, that I'm holding too much cash in relation to say, shares.

Any comments would be appreciated and I have a thick skin so I can take criticism too

redbuzzard

There can be no definitive proportions because one of the reasons for allocating into asset classes is to achieve your own objectives which will not be the same as everybody else's.

Relatively, how important to you are income, growth, protection of capital, liquidity, total returns, risk and volatility? Depending on the answers to that you will come up with a different requirement.

markwilkinson

redbuzzard wrote: »

There can be no definitive proportions because one of the reasons for allocating into asset classes is to achieve your own objectives which will not be the same as everybody else's.

Relatively, how important to you are income, growth, protection of capital, liquidity, total returns, risk and volatility? Depending on the answers to that you will come up with a different requirement.

I knew it would be an unanswerable question :beer: