Which asset class do you think looks best value at present?

Prism

My rebalancing money is likely going into government bonds and private equity trusts which are at around a 50% discount

masonic

adindas said:

masonic said:

adindas said:

Frequentlyhere said:

Not looking for personal advice here, just a bit of hypothetical fun (no need to lecture me about sticking to a balanced portfolio/plan, I know!).

I love this bold statement. in the past when you try to talk about diverting from balanced portfolio / plan, you will be heavily personally attacked by the same group of people. This personal attack is actually will hinder the development of people.

There's a big difference between being personally attacked and having the points you make challenged. The latter is helpful for development of people and shouldn't be taken personally. The forum team is pretty good at dealing with those engaged in actual personal attacks.

I fully agree with these but you have a group of people teaming up, it is another matter. Just look how many useful member if this forum get banned.

Yes, sadly we all need to be very careful not to be baited into saying something that crosses the line, especially us long term members. There are only so many times you can do that before you're gone, no matter how useful your other posts are.

george4064

I'm liking Japanese equities at the moment, further compounded by the cheap Yen.

Bobziz

george4064 said:

I'm liking Japanese equities at the moment, further compounded by the cheap Yen.

More so than UK equities ? Japan has even more debt than we do.

MarcoM

masonic said:

In many cases, these assets have just gone from overvalued to fair value or slightly undervalued (e.g. US equities, bonds, cash deposits), there's mileage for them to fall further to cheap valuations. Gold is still overvalued compared with its long term inflation adjusted valuation, but is no longer near its all time high. GBP is looking truly undervalued, if you compare its purchasing power for goods and services to its exchange rates. REITs are starting to look undervalued, but this is in anticipation of recession, which will drag them down further.

Looks tempting to switch into something like IWDG, to benefit from GBP recovering. Not sure I would do so right now mid-economic chaos. Cash/fixed interest is undoubtedly going to get better value in the short term, but short dated gilts are investable again.

Masonic in terms of short dated gilts are you referring to the likes of TN24 and TN26? 

masonic

MarcoM said:

masonic said:

In many cases, these assets have just gone from overvalued to fair value or slightly undervalued (e.g. US equities, bonds, cash deposits), there's mileage for them to fall further to cheap valuations. Gold is still overvalued compared with its long term inflation adjusted valuation, but is no longer near its all time high. GBP is looking truly undervalued, if you compare its purchasing power for goods and services to its exchange rates. REITs are starting to look undervalued, but this is in anticipation of recession, which will drag them down further.

Looks tempting to switch into something like IWDG, to benefit from GBP recovering. Not sure I would do so right now mid-economic chaos. Cash/fixed interest is undoubtedly going to get better value in the short term, but short dated gilts are investable again.

Masonic in terms of short dated gilts are you referring to the likes of TN24 and TN26? 

Yes, those are examples of short dated gilts.

Cus

My portfolio guy is into Chinese gov bonds.

NedS

Floating rate, asset backed, senior debt is starting to look attractive after the week we have just had.

Type_45

Type_45 said:

Silver is cheap. 

Two days later: