Just retired, any thoughts on my portfolio

a_gasman

Thanks, as above will halve the amount of UK equity and monitor the situation.

bostonerimus

a_gasman wrote: »

Thanks for all the information, I will sell 50% of the UK equity funds and invest in the global idex tracker.


At least no one has said bloody awful choices you have made, and they have all made gains.

That's not really the point though. Your portfolio should be designed to support your retirement needs. So were your gains sufficient and were they produced with an acceptable level of risk?

There will certainly have been portfolios that made more than yours and others that made less, but there's no way of knowing if they were successful without knowing their objectives.

a_gasman

Well it is the point for me, I am a beginner and its been fun playing at investing.


The portfolio is supporting my retirement needs by topping up my pensions I do not need it to live on.


The gains were acceptable for the risk involved with with two funds givng more fun than the plodders.


I am sure there are portfolios that have made more and and some that have made less gains. Making more might mean more risk. I can live with the risks I am taking and have no wish to have a portfolio that makes the most gains.



My query asked for opinions on my choice of funds and asking for suggestions. I have taken on board a suggestion and have acted acordingly.



Thanks to all that have taken the time to reply.

a_gasman

Another Joe, that article was a very interesting read.

bostonerimus

a_gasman wrote: »

Well it is the point for me, I am a beginner and its been fun playing at investing.


The portfolio is supporting my retirement needs by topping up my pensions I do not need it to live on.


The gains were acceptable for the risk involved with with two funds givng more fun than the plodders.


I am sure there are portfolios that have made more and and some that have made less gains. Making more might mean more risk. I can live with the risks I am taking and have no wish to have a portfolio that makes the most gains.



My query asked for opinions on my choice of funds and asking for suggestions. I have taken on board a suggestion and have acted acordingly.



Thanks to all that have taken the time to reply.

It's good that you don't really need this money and so you can probably afford to take quite a bit of risk. However, I think that many people that hold portfolios of individual funds would benefit from a more analytical approach so they are able to measure the performance of their investments against some goals and expectations and maybe make strategic changes.

Alexland

AnotherJoe wrote: »

FWIW I have 3 main investment portfolios. One passive, one active, and one income.

Over the last year (including dividends) they returned 28%, 14% and 2% respectively.

MK62 wrote: »

In a bull market, this isn't overly surprising (though without knowing the allocations of each sub-porftolio, this is generalising somewhat).

It surprised me - what passive portfolio delivered 28% in the past 12 months unless you are investing it all in tracking something very obscure and got lucky??

Alex

Thrugelmir

a_gasman wrote: »

At least no one has said bloody awful choices you have made, and they have all made gains.


So my beginners choices have not failed. :j

In a bull market it's easy to money. The real art is when markets become more volatile. Like buffalo, people act with a herd instinct. Running for the exits when their funds decline in value, causing an even greater downward spiral. As has been said earlier. Objectives are essential. In particular one should hold ones nerve if the fundamental reasons for buying the investment originally remain unchanged.

Wildsound

Surprised no one has commented so far on the fact that you hold 3 UK equity income funds, all doing rather a similar thing.

If I'm comparing the JO Hambro fund with the AXA fund, the top 3 holdings in the portfolio are the same. JO Hambro has a relatively high mining exposure which has ramped up it's volatility. When you add in the Threadneedle fund on top of the two, which has a lower sector correlation to the other two, you're getting into the realms of essentially holding a glorified uk equity income tracker fund, but at considerably extra cost.

If I had to pick one of the three, it would be the AXA fund as it's volatility is considerably lower with similar performance to the other three.

rathernot

Alexland wrote: »

It surprised me - what passive portfolio delivered 28% in the past 12 months unless you are investing it all in tracking something very obscure and got lucky??

Alex

I'd assumed something like Legal & General Global Technology
Index Trust.

a_gasman

So any comment on reducing the UK equity exposure by 50% ( to start with ) and replacing them with Legal and General International Index Trust or any other sugestions?