Great British Invest off or Passive V Active Updates

TBC15

TBC £133,238
BLB53 £115,802
DiggerUK £125,474

DiggerUK

The full year World Gold Council gold report is out

*Overall a 1% drop in demand, and a 2% rise in supply.
*Bar and coin demand falls 20%, but gold backed ETF's jump 426%. Are bar and coin purchases down due to high prices, or do more people hold gold in ETF's today?
*Central bank demand virtually unchanged at -1%; jewellery down 6%; technology down 2%.


None of this explains the buoyant prices we are witnessing. Is gold getting a sugar rush from 'expansionist money policies' in the same way that other asset prices are?..... Low interest rates are always a stimulus to the price of gold....are low, ZIRP, and negative rates really here to stay as many talking heads are suggesting?

Granny got through dry January and is off to Belgium for a few beers..._

TBC15

Was the formatting of the OP pants on a tablet before the transfer of platform? I'm on holiday at the moment and using one of these new fangled things.

ams25

Sorry guys....dropped off on this as was away for awhile.
Vanguard 60 has easily bettered my 60:40 of active funds....about 6% better since we started.  For me has helped to clarify the well rehearsed active passive arguments and my own portfolio while it remains a mix has more passive now than ever and I will continue to favour passive but keep some (less) active funds.   

bowlhead99

TBC15 said:

Was the formatting of the OP pants on a tablet before the transfer of platform? I'm on holiday at the moment and using one of these new fangled things.

As the new forum software doesn't allow you to select your own fonts and have loads of formatting options, you could perhaps improve the uniformity by using the 'code' formatting style which would use a system font and therefore be fixed-width rather than proportional (in the former, a letter M would take up the same space as an I and an 8 would take up same space as a 1) so easier for it to align:

NAME___________ RETURN
bowlhead99_____ 100.0%
Someoneelse____  25.3%

Or you could experiment with the new functionality of adding attachments and images to posts from the drop down box above the post composition window.

TBC15

ams25 said:

Sorry guys....dropped off on this as was away for awhile.
Vanguard 60 has easily bettered my 60:40 of active funds....about 6% better since we started.  For me has helped to clarify the well rehearsed active passive arguments and my own portfolio while it remains a mix has more passive now than ever and I will continue to favour passive but keep some (less) active funds.   

Hi ams25 I'm afraid I deleted your returns as you had gone dark for 6 months. Reinstating your VLS 60 returns is relatively easy as they are the same as BLB53s. As you now appear to actually have a hybrid portfolio with a strong passive weight would you rather report your actual returns?

TBC15

bowlhead99 said:

TBC15 said:

Was the formatting of the OP pants on a tablet before the transfer of platform? I'm on holiday at the moment and using one of these new fangled things.

As the new forum software doesn't allow you to select your own fonts and have loads of formatting options, you could perhaps improve the uniformity by using the 'code' formatting style which would use a system font and therefore be fixed-width rather than proportional (in the former, a letter M would take up the same space as an I and an 8 would take up same space as a 1) so easier for it to align:

NAME___________ RETURN
bowlhead99_____ 100.0%
Someoneelse____  25.3%

Or you could experiment with the new functionality of adding attachments and images to posts from the drop down box above the post composition window.

Thanks for the tips, I'll have a good play when I'm back at the PC. 

ams25

TBC15 said:

ams25 said:

Sorry guys....dropped off on this as was away for awhile.
Vanguard 60 has easily bettered my 60:40 of active funds....about 6% better since we started.  For me has helped to clarify the well rehearsed active passive arguments and my own portfolio while it remains a mix has more passive now than ever and I will continue to favour passive but keep some (less) active funds.   

Hi ams25 I'm afraid I deleted your returns as you had gone dark for 6 months. Reinstating your VLS 60 returns is relatively easy as they are the same as BLB53s. As you now appear to actually have a hybrid portfolio with a strong passive weight would you rather report your actual returns?

Hi TBC.  No worries.... But on returning from the dark     my portfolio is on a journey to simplification and a more passive bias. Also pretty defensive.  I don't think it would be a useful addition to the tracking you have here.

My view is that unless you are comparing portfolios with equivalent asset allocations you are not comparing like with like. My contribution here was to compare a 60:40 equivalent with active and passive funds but the same geo/bond  allocations.  Some of my active selections did better and some worse than the index.... But overall passive was 6% better with more simplification.  
I've been listening to JL Collins for a few years....every year I agree with him a little more.  I am still a long way from a 3 fund portfolio...but I do get closer!!

Thrugelmir

Finally some real volatility in the markets. Be interesting to see how the different strategies ride the waves....... 

TBC15

Old sailing adage people give up boats don't.