What's your portfolio?

hallmark

Only for those who fancy it, might be fun/informational

Age - mid-50s
Two SIPPs, fairly equal split equity-wise

Vanguard SIPP LS75 (I frig it slightly to make it 25% bonds)

AJ Bell SIPP - also 75/25 but entirely my own choice of funds and bonds. Heavy bias towards value/yield on the shares and bond funds that yield 4% or more

A reasonable chunk (circa 50%) of dry powder in each, which is in individual gilts in AJ Bell and a Sterling MMF in Vanguard.

IWEB ISA
Half in a HYP of my own design. Some in CTY.  The rest in STMMF waiting to invest.

II ISA
Half in Div Aristocrats funds. The rest in STMMF waiting to invest. 

II Trading Account
25% each BCOG, physical gold etf, physical platinum etf, physical silver etf

Some cash in ISAs, PBs, ISLCs, a BTL (the house I moved into when I left home) and a very small BT Pension that I took at 50.

I'm a saver by nature, and started dripping into investments a couple years ago which is a struggle for me, as by nature I'm both risk-averse and also likely to chase losses (a horrible combination I need to keep a tight lid on).   The aim is to move all of the SIPP and Shares ISA money into 75/25 shares/bonds eventually.  If the market crashed I'd accelerate that a lot as I'd really like to be 100% invested by can't bring myself to do it at what I think are high levels currently.


I'm aware a lot of people will think this is a horrible portfolio, with the heavy UK/Value bias and the multiple providers.  And it possibly is, but I needed to make the move into equities and this is the way of doing it that works for me.

Performance so far is OK I guess, up a reasonable bit currently but probably only in line with markets and less than if I'd just put the lot in a Global or S&P Tracker.

aroominyork

The problem with dry powder is you need a big market correction to get the same equity prices as two years ago. Time in the market and all that. 

Hoenir

Time in the market is better than timing the market. Miss the best trading days in any given period and returns can easily be disappointing. Not every market is always overpriced. To counterbalance something else is always underpriced. 

kempiejon

aroominyork said:

The problem with dry powder is you need a big market correction to get the same equity prices as two years ago. Time in the market and all that. 

Hoenir said:

Time in the market is better than timing the market. Miss the best trading days in any given period and returns can easily be disappointing. Not every market is always overpriced. To counterbalance something else is always underpriced. 

Quite. I can always find something to buy. But it's good to have cash for predictable expenditures, for living off. I hold a set amount of cash/premium bonds/gilts due to mature in the next few years. Asset allocation; cash isn't for investing it's for spending, I hear gold is a store of value and bitcoin is a digital asset.
If it stops one fretting about stocks by having cash that's worth a few quid of missed potential investment gains.

hallmark

I don't disagree. It's quite a big leap for somebody of my mindset to even be 50% invested therefore facing the realistic possibility of a 25% drop overall (i.e. a 50% drop in markets).  So as I say this is my way of drip-feeding in.  I know I can deal with missed gains far more easily than actual drops, even if from a certain perspective they're the same thing.

Bostonerimus1

Retired with 60% US Equity Index, 30% International Equity, 10% (40/60) Multi-asset Income Fund (3 funds to rule them all) and 2 years cash in the bank.

GazzaBloom

Here's ours, age 57, all held across 2 pensions and 2 ISAs. I just top sliced £20K of June's extraordinary equity funds growth to cash to boost the current accumulation of “risk-off” cash. I'm 6 months from retirement and 9 months out from retirement drawdown and all remaining contributions are going to cash (will be £124K cash as drawdown commences hopefully putting us at around 80/20 equities/cash). I will then be rebalancing annually in retirement (no more top slicing)

The cash earns an interest rate that tracks BOE base rate of 5.25%. I will look at deploying at least some cash to bonds/gilts funds when the BOE base rate is no longer exceeding current inflation.

		Blackrock US Equity Index:	£168,759.59	29.37%
		HSBC Islamic Global Equity Index:	£167,956.28	29.23%
		Legal & General Global Tech Index:	£97,791.89	17.02%
		Vanguard S&P 500 ETF:	£64,084.74	11.15%
		Cash:	£76,036.05	13.23%
			£574,628.55

GazzaBloom

hallmark said:

I don't disagree. It's quite a big leap for somebody of my mindset to even be 50% invested therefore facing the realistic possibility of a 25% drop overall (i.e. a 50% drop in markets).  So as I say this is my way of drip-feeding in.  I know I can deal with missed gains far more easily than actual drops, even if from a certain perspective they're the same thing.

A 50% market decline is to be expected at some point but probably only 3 times in a 100 years or so. It's possible that a retiree living 30 more years may not see the next one in their remaining lifetime.

Whenever there are market highs we hear the “overpriced” “end is nigh” clarion calls, the short bets are on, Michael Burry starts posting on his X account, Jeremy Grantham rolls out his doom laden predictions etc..then it goes quiet when the markets wane and down the road we hit new market all time highs and the calls start up again.

I ignore the noise and market ups and downs and keep on quietly compounding.

Aminatidi

Depends what we're including I guess but.

GIA
£150K HSBC Global Select Balanced

ISA
£214K Vanguard FTSE Global All Cap
£6K Barclays Wealth Global Markets 4

Bank
£25K

NS&I
£23K Index Linked Savings Certificated

masonic

My portfolio is approx 90% equities and 10% cash & equivalents. Within the equities I have about 75% in regional equity ETFs with some US underweight distributed between the other regions and 25% in investment trusts with a focus on smaller companies. According to Trustnet, my largest holding Nvidia makes up 2.7% of my portfolio, which is about as much as I would want. The plan was to rotate back into bonds around this time (having pulled out of bonds completely 2-3 years ago), but I have so far hesitated as markets march upwards. I will be keeping a close eye and pulling the trigger on this soon. I'll be aiming for 80:10:10 equities/bonds/cash initially, and then boost bonds with new contributions going forward. Aiming to be 70:25:5 around retirement, and then see how kind the sequence of returns is to me.

aroominyork

OH just retired, I will start winding down in a few years. 65% equities (mostly index; underweight US), 15% bond index funds (gilt and global aggregate), 10% money market/short duration gilts, 10% active corporate bond fund. I wanted 70% equities but OH is more cautious; the corporate bond fund is my way to cheat. That's all in Interactive Investor; also have some cash on the side. 

Didn't have masonic's presience to get out of bonds before they hit the fan but by luck not judgement they were mostly short duration.