Some questions about a portfolio which someone has shared

tranquility1

The following is what an investment YouTuber (George Gammon) says he has in his portfolio:

10% gold (as "insurance")
80% investments ("something which pays me to own it")
10% speculative assets ("things which don't necessarily pay me.  eg:  Uranium, gold miners, juniors, bitcoin")



What are your thoughts on this portfolio (or the rationale behind it)?

What does he mean by "investments which pay me"?  Would passive tracker accumulator funds be included in this category?

I notice he makes no mention of bonds.  

I wonder too whether his gold is in his possession, or in the form of an ETC, or whether this detail matters.

tranquility1

JamesRobinson48 said:

How about your putting most of these questions to him directly?  He seems to be present on various social media.

I have.  He didn't respond.

Alexland

George Gammon - this little guy? He seems to be allocated 80% head and 20% body.

Billycock

Alexland said:

George Gammon - this little guy? He seems to be allocated 80% head and 20% body.

   haha, I like that

tacpot12

It isn't so much a portfolio allocation as an investment philospophy. 

Gold has often been seen a safe haven in times of crisis. The alternative to Gold could be cash. I prefer cash but only keep 7% of my wealth in cash, as cash doesn' appreciate in value. (This 7% is about two years of my normal expenditure.)

I think his definition of an "Investment" is nearly spot on - it's something that pays you to own it OR something that would normally be expected to increase in value. 

Whether or not you want to speculate or gamble is down to you. Generally, I would advise not taking risks you don't need to, but if you are rich enough, you may well want to speculate in the hope of accumulating more, but you have to accept that you might also lose most or all of what you speculate.  

dunstonh

10% gold (as "insurance")
80% investments ("something which pays me to own it")
10% speculative assets ("things which don't necessarily pay me.  eg:  Uranium, gold miners, juniors, bitcoin")

Gold doesn't earn any money and for extremely long periods had no growth in value.    It shot up with the credit crunch and an industry built up in that period and after to keep gold price ramped up.    Typically, its a risk asset.  Tends to go up in times of fear and fall when things are positive.

80% investments is a daft classification as it could mean anything.   

10% speculative assets could well be covered within the 80% investments and no need to have a separate classification to cover them.

What are your thoughts on this portfolio (or the rationale behind it)?

That is not a portfolio.  It's too wish-washy to mean anything.    80% in investments.  Is that 80% in a money market fund or what?

What does he mean by "investments which pay me"?  Would passive tracker accumulator funds be included in this category?

Yes.   Along with 30,000 other conventional options with widely varying risk levels.

I notice he makes no mention of bonds.  

He does indirectly.  They fall under investments.

There is no portfolio here.  There is no strategy really either as the bulk of the portfolio is undefined.   It's an idea for a rough outline.

bostonerimus

That isn't a portfolio.
I ignore gold as it's volatility scares me, and why would I take on silly risk with "speculative" investments? I'm 100% sensible long term investments...whatever than means.