Great British Invest off or Passive V Active Portfolios

Linton

Another_Saver said:

Prism said:

Another_Saver said:

Well now the You Are (Not) A Portfolio seems positively boring by comparison.
Vanguard FTSE UK all share 35%
VMID 23%
Vanguard FTSE global all cap, VVAL and VHYL all on roughly 8%
BRK.B 12%
TSLA 5%
A 3:2 FTSE all share:FTSE 250 ratio means I get about a 1:1 FTSE 100:FTSE 250 exposure, but the all share fund is cheaper than either of Vanguard's FTSE 100 options.
Not buying the global all cap anymore, only VVAL and VHYL.
When it gets big enough I'll have to start moving mostly to iWeb.

You may be waiting quite a while with over 60% allocated to the UK

With a cyclically adjusted earnings yield of 8% for the FTSE 100 and 5% for the 250 (plus a little capital concentration) I'm more worried that my higher earning years (3 years away) will miss this dip

I was going for 2/3 UK but my Teslas went wild.

Tesla seems an odd choice for someone favouring cyclically adjusted earnings yield as a basis for an investment strategy.   Perhaps you could consider a rather more balanced approach across the growth/value spectrum.

Another_Saver

Linton said:

Another_Saver said:

Prism said:

Another_Saver said:

Well now the You Are (Not) A Portfolio seems positively boring by comparison.
Vanguard FTSE UK all share 35%
VMID 23%
Vanguard FTSE global all cap, VVAL and VHYL all on roughly 8%
BRK.B 12%
TSLA 5%
A 3:2 FTSE all share:FTSE 250 ratio means I get about a 1:1 FTSE 100:FTSE 250 exposure, but the all share fund is cheaper than either of Vanguard's FTSE 100 options.
Not buying the global all cap anymore, only VVAL and VHYL.
When it gets big enough I'll have to start moving mostly to iWeb.

You may be waiting quite a while with over 60% allocated to the UK

With a cyclically adjusted earnings yield of 8% for the FTSE 100 and 5% for the 250 (plus a little capital concentration) I'm more worried that my higher earning years (3 years away) will miss this dip

I was going for 2/3 UK but my Teslas went wild.

Tesla seems an odd choice for someone favouring cyclically adjusted earnings yield as a basis for an investment strategy.   Perhaps you could consider a rather more balanced approach across the growth/value spectrum.

If I like it, and I like the price, I buy it. I don't subsribe to ideas of growth vs value. I use VHYL and VVAL because I like the relative valuation vs the general global market.

I prefer to buy my own stocks with the small portion of my wealth I let my inner child play with, rather than give my money to someone else. Bought 4 at ~£200 pre-split, now down to 3 post-split, crystallised £3,560 "profit" - who said you can't have a little fun.

TBC15

Out goes Lindsell Train Global Equity B GBP and some  Fundsmith Equity I Acc  in goes  Smithson Investment Trust ORD 1P

AXA Framlington Global Technology Z Acc              6651.36                  26.20% 

Fundsmith Equity I Acc                                              8219.48                 29.04%  

LF Blue Whale Growth I Acc                                       434.71                   0.50%   

LF Blue Whale Growth R Acc                                  27377.34                 31.25% 

Smithson Investment Trust ORD 1P                         1005.53                  10.34%

Lindsell Train IT plc Ord 75P                                        3.49                      2.67% 

 

Lindsell Train IT plc Ord 75P  to be sold as soon as price hits £1200

Prism

TBC15 said:

Out goes Lindsell Train Global Equity B GBP and some  Fundsmith Equity I Acc  in goes  Smithson Investment Trust ORD 1P

Welcome to the club! I have been impressed with the performance of Smithson this year. One example is the UK allocation which is up around 11% year to date or the Australian holdings up about 40%.

Linton

TBC15 said:

Out goes Lindsell Train Global Equity B GBP and some  Fundsmith Equity I Acc  in goes  Smithson Investment Trust ORD 1P

AXA Framlington Global Technology Z Acc              6651.36                  26.20% 

Fundsmith Equity I Acc                                              8219.48                 29.04%  

LF Blue Whale Growth I Acc                                       434.71                   0.50%   

LF Blue Whale Growth R Acc                                  27377.34                 31.25% 

Smithson Investment Trust ORD 1P                         1005.53                  10.34%

Lindsell Train IT plc Ord 75P                                        3.49                      2.67% 

 

Lindsell Train IT plc Ord 75P  to be sold as soon as price hits £1200

Blue whale growth is 50% tech
Smithson is 38% tech
You are approaching 50% tech for the whole portfolio.  Very brave!

TBC15

Trustnet analysis has the portfolio down as 29% tech, but I see what you are saying. After the run tech has had over the years the change in fortunes when it occurs should be spectacular.

Edit My bad Smithson not included in trustnet scan.

Thrugelmir

TBC15 said:

Trustnet analysis has the portfolio down as 29% tech, but I see what you are saying. After the run tech has had over the years the change in fortunes when it occurs should be spectacular.

Up until 2016. The BRICS was the place to be invested. Issue for "technology" is that growth has potentially been pulled forward from the future. Which is now priced in. 

itwasntme001

Thrugelmir said:

TBC15 said:

Trustnet analysis has the portfolio down as 29% tech, but I see what you are saying. After the run tech has had over the years the change in fortunes when it occurs should be spectacular.

Up until 2016. The BRICS was the place to be invested. Issue for "technology" is that growth has potentially been pulled forward from the future. Which is now priced in. 

Tech had been an under performer for a whilst, especially after the dot com crash.  Perhaps the recent gains is the sector mean reverting.  Over a long enough time frame, each sector has comparable average returns.

This also means that buy and hold the same recent out performers is likely to do comparatively badly at some point in the future.

A well balanced diversified asset allocation across asset classes and sectors should mitigate the need to time things substantially.

TBC15

Out goes Lindsell Train IT plc Ord 75P  in goes  more Fundsmith Equity I Acc

AXA Framlington Global Technology Z Acc              6651.36                  25.41% 

Fundsmith Equity I Acc                                              9001.44                 32.25%  

LF Blue Whale Growth I Acc                                       434.71                   0.50%   

LF Blue Whale Growth R Acc                                  27377.34                 31.30% 

Smithson Investment Trust ORD 1P                         1005.53                  10.54%

Must try and sit on my hands until April.

csgohan4

have you considered the Fundsmith sustainable version, less reliance on finite fuels where renewables will be in favor soon