Great British Invest off or Passive V Active Updates

Thrugelmir

Don't Let Your Granny Loose at the Dog

£106386



Used available cash balance to purchase further shares in JIM.

Cash balance at 31/08 £488.

DiggerUK

cloud_dog wrote: »

........-3.56% / £96444.00

Many thanks. Our gold has to be classed as a passive investment I believe, so all we need to do is value it on a daily basis. No real need to rebase.
The real 'rebasing' that needs to be done is an inflation adjusted comparison of how much our pile has appreciated.
It isn't an exact science, more like calculating the area of a circle. We have worked it out on a time lapse basis as inflation plus <7>% on top. But don't quote me, and I haven't gone back to it for some time now.

For participation in this thread, when would I be expected to rebase..._

TBC15

Is your entire portfolio made up of gold?

Linton

DiggerUK wrote: »

Many thanks. Our gold has to be classed as a passive investment I believe, so all we need to do is value it on a daily basis. No real need to rebase.
The real 'rebasing' that needs to be done is an inflation adjusted comparison of how much our pile has appreciated.
It isn't an exact science, more like calculating the area of a circle. We have worked it out on a time lapse basis as inflation plus <7>% on top. But don't quote me, and I haven't gone back to it for some time now.

For participation in this thread, when would I be expected to rebase..._

Once the initial £100K portfolio has been set up rebasing is only required should you change the constituents of the portfolio. So if you wanted to change your £100K of gold into VLS100 you would need to calculate the number of VLS100 units that could have been bought with the current value of your originally £100K of gold. If you keep to gold (or we keep to our portfolios) then the monthly published value is simply the current value of those investments.


Nothing complicated. At the moment it would seem your gold portfolio is the worst performing of them all. However circumstances may change.

talexuser

Funnily enough recently I did look at ETFS Physical Gold, and wondered how much of the portfolio I would risk in this for the punt it would do well in the next downturn, compared to the risk of it not doing much over the next five years, or losing money over the next year (or losing half of your money between 2011 and 2016).

Didn't take long to stop wondering.

DiggerUK

TBC15 wrote: »

Is your entire portfolio made up of gold?

Yes.
We do keep readies in PB's and cash ISA's. Home paid for. Index linked pensions to come, + state pensions. But for the sake of argument, rounded off, it's 100% gold..._

DairyQueen

DiggerUK wrote: »

Yes.
... it's 100% gold..._

:eek:

(and a written 'eek' to make-up the min char required).

DiggerUK

DairyQueen wrote: »

.......(and a written 'eek' to make-up the min char required).

I'm glad to see that your education wasn't wasted.

Most people here use more than their minimum required characters to outline their favoured savings strategy. As the thread is about passive and active strategies, it would be appropriate if you outlined your favoured game plan.

As far as I can see, other posts address the topic of the thread and illustrate what the individuals tactics are. I have no reason to disbelieve what they report, and I can't fake my claims either.

I'd say my plan is a passive plan, do you have a plan..._

TBC15

Any contributors have any problems with including DiggerUKs portfolio ?

Thrugelmir

None at all. Not here to pass judgement on alternative investment views. We all have our own objectives and are at different stages.