Going with Bonkers The Pedigree Pooch or Muttley The Unloved Runt ?

Murphy_The_Cat

DairyQueen wrote: »

Bonnie hasn't posted since Jan. Wonder if the contest is still on?

Her selection of ISF Global Energy is up about 15% in 6 months, so if she is still logging on, she'll be satisfied with that !

Murphy_The_Cat

Update time.
My £1000 a year ago, became £1029.49 6 months later, thanks to First State Japan Hedged.
This then went into Baillie Gifford American, where, 6 months later it has dropped to circa £901.50 (will update with accurate figure when deal has gone through).
The cirac £901.50 has now gone to (gulp) BNY Mellon Brazil ACC W - I don't hold out high hopes for 6 months time !

DairyQueen

Murphy_The_Cat wrote: »

Update time.

The cirac £901.50 has now gone to (gulp) BNY Mellon Brazil ACC W - I don't hold out high hopes for 6 months time !

Brave. Very brave.

Murphy_The_Cat

DairyQueen wrote: »

Brave. Very brave.

my hopes for the next 6 months of this "investment" are lower than a rattlesnakes backside.
I'm just following the Bonkers principle - bravery doesn't make an appearance anywhere !

A_T

well done! stick at it - will need a few years before any meaningful conclusions can be drawn - if any ever can!

Murphy_The_Cat

The 6 months is nearly up and its almost time to choose the next willing victim for a 6 months holding.
Shock of shocks - the Brazil Fund is currently UP for me !

DairyQueen

Are you including trading/platform fees in your bottom line? I assume that the OCF is included?

The Bonkers strategy is so contrary to best advice for we amateurs (i.e. hold a highly-diversified portfolio of a few, low-cost funds; trade infrequently; rebalance annually) that, by rights, you should be well-down compared to, say, any global passive.

Any chance that you could include a comparison of performance against a global index each time you switch? That would be some measure of just how bonkers the Bonkers approach really is over the long term.

Murphy_The_Cat

DairyQueen wrote: »

Are you including trading/platform fees in your bottom line? I assume that the OCF is included?

The Bonkers strategy is so contrary to best advice for we amateurs (i.e. hold a highly-diversified portfolio of a few, low-cost funds; trade infrequently; rebalance annually) that, by rights, you should be well-down compared to, say, any global passive.

Any chance that you could include a comparison of performance against a global index each time you switch? That would be some measure of just how bonkers the Bonkers approach really is over the long term.

OK
29.12.17 bought £1000
29.06.18 it became £1029.89
03.01.19 it became £898.20
24.06.19 currently £930.76


The FTSE All Shares Index has risen by about 4% in the same period, so to date, I'm quite a bit down.
If you're happy for me to use the FTSE All Shares, I'll post that comparison every 6 months.

DairyQueen

Murphy_The_Cat wrote: »

The FTSE All Shares Index has risen by about 4% in the same period, so to date, I'm quite a bit down.
If you're happy for me to use the FTSE All Shares, I'll post that comparison every 6 months.

The FTSE All Share only covers the UK market (ex small cap). The UK is around 5% of global markets. Your Bonkers funds are all ex UK (so far).

The FTSE All-World or the MSCI World are the indices most commonly benchmarked by global funds and portfolios (and best practice suggests that every portfolio should be globally invested). Any chance you could do a like-for-like comparison over each 6-month period against either of those?

You will be much further down against those indices. Especially as the world's biggest market (the US at 50%+) has performed so strongly over the last, few years.

I guess I'm playing devil's advocate.

The Bonkers approach may be a fun dabble for a peripheral investment on a large-ish portfolio, but any novice reading the thread should see how it compares to holding a 'lock-up and leave', globally diversified fund. Perhaps a comparison to (say) the performance of a single global fund - any of the usual passives will do: Vanguard, Blackrock, HSBC, L&G?
.

aroominyork

Murphy_The_Cat wrote: »

The 6 months is nearly up and its almost time to choose the next willing victim for a 6 months holding.
Shock of shocks - the Brazil Fund is currently UP for me !

Brazil is up for me 9.75%, but it shoulda coulda been more... I put through a switch order on 27 December (selling Baillie Gifford American) and despite the Brazilian stock market being open on 27 and 28 December it did not buy until 2 January when the price was over 7% higher than on 27 December. I'm not sure that trading over Xmas/New Year is a great idea so I'm thinking of changing my switch dates to the end of January and July.