Please rate my porfolio

Thrugelmir

Reduce the gold holding. Instead start a HTB ISA . At least that's a guaranteed return. When you come to buy a house.

AnotherJoe

mmo wrote: »

In the end,
The spread of funds should be:
Cash 18%
Gold 30%
Equity 32%
Bond 20%

Why? I'm not saying it shouldn't be, I just wonder how you arrived at that split?

It is very low in equities. Are you elderly and looking to stabilise things? Or incredibly cautious? Do you think a big crash is imminent?

Also, do you have cash elsewhere also? If so should that cash also be counted as part of your overall investments ?

dunstonh

In the end,
The spread of funds should be:
Cash 18%
Gold 30%
Equity 32%
Bond 20%

What model provided that allocation?
What is the volatility rating of that model?
Gold seems extremely high and not what you would expect.

eskbanker

mmo wrote: »

I do have plans to put more into gold but still the price is above i am happy to pay.

Three days after you posted that the price briefly dipped below the £1K mark that it was at on 18 July but on every other day since it's been higher and is now 4% up!

mmo_2

@Thrugelmir
I have started HTB isa last month, so I only have £1200 there. I can see that it is a bit late start. But I don't have that much extra cash anyway at the minute.

@AnotherJoe
I am not elderly just yet (will be 31 next month) and can be adventurous also. It is just I like to be a bit in control with allocations depending on how I feel. I can be very active in s&s isa. I admit that I don't feel right about the whole QE thing, coming US election and brexit. I just think people in power want to be in control and pushing the natural boundaries. My cash is spread across saving, help to buy and s&s isa cash park. Yes, I consider cash as valid asset class which should shelter some unexpected falls in other asset classes.

@dunstonh
I do read monevator and news in my own time to educate myself and sometimes just out of interest. I haven't thought through the detailed analysis of the allocation I have chosen. But I don't exactly follow the advice given anywhere. I just follow my gut feeling in the end. It doesn't have any particular model as such. It probably is combination of all the stuffs I read and my sentiment.

@eskbanker
I am not sure if I have managed to get it at lower price. I put more money in on 9th of Aug. So I guess I missed the opportunity.

JohnRo

I just follow my gut feeling in the end. It doesn't have any particular model as such. It is probably is combination of all the stuffs I read and my sentiment.

What happens when things change and your sentiments and gut feelings are different?

You need to be careful you don't end up chasing all around and allocating for gains already made, which is what the gold allocation looks like to me. It seems to have proven itself a good fear asset to hold but not in any significant quantity.

Better to have a more balanced portfolio and let rebalancing do all the heavy lifting rather than chasing after 'winners' with overweight allocations.

mmo_2

Gold holding is more about preserving the worth of my saving than trying to get that 30% return one more time. Inflation is very likely considering more QE and stocks are over the level I am comfortable to get into.

JohnRo wrote: »

Better to have a more balanced portfolio and let rebalancing do all the heavy lifting rather than chasing after 'winners' with overweight allocations.

Could you expand more what is balanced? Geographically or asset allocation wise?

JohnRo

Yes, balanced in the sense of geographic location and asset class, equities, bonds and cash. Typically.

QE is a very special kind of fraud and is going exclusively to the banks and their subsidiaries in the shadow banking system who typically use it to embroil themselves in the worlds stock, bond and property markets, the inflation from QE has been and will be there if anywhere.

No one knows how the QE experiment will end, how it will affect the wider economy or when the derivative time bomb will eventually go off, so other than knowing that a self serving bunch of bankers will become a whole lot wealthier than they once were, at everyone else's expense, again, it's anyone's guess what's going to happen.

When I hear everything is 'over-valued' I tend to think that's because the unit of measure has been devalued and perhaps because there is a fundamental economic shift yet to be quantified, a new paradigm if you prefer, not necessarily because of everything being over bought in a traditional sense.

AnotherJoe

mmo wrote: »

@AnotherJoe
I am not elderly just yet (will be 31 next month) and can be adventurous also. It is just I like to be a bit in control with allocations depending on how I feel. I can be very active in s&s isa. I admit that I don't feel right about the whole QE thing, coming US election and brexit. I just think people in power want to be in control and pushing the natural boundaries. My cash is spread across saving, help to buy and s&s isa cash park. Yes, I consider cash as valid asset class which should shelter some unexpected falls in other asset classes.

@dunstonh
I do read monevator and news in my own time to educate myself and sometimes just out of interest. I haven't thought through the detailed analysis of the allocation I have chosen. But I don't exactly follow the advice given anywhere. I just follow my gut feeling in the end. It doesn't have any particular model as such

Ok so really you just invest on what you feel like? Fair enough I do that sometimes. But classically at your age you'd be 80-100% in equities, 60% minimum. Your portfolio is more like that of someone aged 75 looking for a really cautious portfolio for the next 10-15 years, not 30-40.

I don't criticise you for having a cautious portfolio, mine is super risky and I've lost a lot of money with it (and gained it) so it's not for everyone but I'd say for a cautious person your age it would be more appropriate to be in cautious index funds, but in 60-80%.