Gone Fishin' Portfolio on Invest engine

masonic

A couple of comments...

Are you sure you want your inflation linked bonds to be linked to US inflation rather than UK? INXG or GILI would be an option for domestic inflation linking.

Likewise, short dated bonds could be GBP or global. Several options exist to tailor to the non-US investor.

Bostonerimus1

Venomspread3r said:

Hello Guys I hope everyone is doing well.
I've just finished reading "The Gone Fishin portfolio' which I found very interesting but it's US based.
I'm looking to replicate this portfolio for a UK Based investor more specifically on Invest engine if I can.

Can anybody if they would like to help give me some solid UK alternatives as some of these either Aren't on invest engine OR aren't funds anymore.

Many thanks.

I see no reason to overweight small cap or EM. Just do Vanguard VWRL and whatever Bond index you like and also keep some money in cash. Or just use a multi-asset fund like VLS series, but understand with Vanguard's offering you'd be overweighting the UK.

Venomspread3r

masonic said:

A couple of comments...

Are you sure you want your inflation linked bonds to be linked to US inflation rather than UK? INXG or GILI would be an option for domestic inflation linking.

Likewise, short dated bonds could be GBP or global. Several options exist to tailor to the non-US investor.

Thanks for the input it's very much appreciated.
What would you suggest with regards to short dated bonds ? Any particular fund ? 

Venomspread3r

Bostonerimus1 said:

Venomspread3r said:

Hello Guys I hope everyone is doing well.
I've just finished reading "The Gone Fishin portfolio' which I found very interesting but it's US based.
I'm looking to replicate this portfolio for a UK Based investor more specifically on Invest engine if I can.

Can anybody if they would like to help give me some solid UK alternatives as some of these either Aren't on invest engine OR aren't funds anymore.

Many thanks.

I see no reason to overweight small cap or EM. Just do Vanguard VWRL and whatever Bond index you like and also keep some money in cash. Or just use a multi-asset fund like VLS series.

Thankyou for replying it's very helpful & appreciated.
I 100% hear what you are saying & I'm not sure if you read my reasoning regarding this portfolio - I'm going to be experimenting it side by side with my Main Portfolio which is an all world index fund BUT I do take on board you mentioning a bond index so I will certainly look into that.

But yes I wanted to see how they run side by side for a year. As many people say go for a more "lazy" but I'm keen to see how this does, but I'm loving the feedback from everyone so thanks again.

masonic

Venomspread3r said:

masonic said:

A couple of comments...

Are you sure you want your inflation linked bonds to be linked to US inflation rather than UK? INXG or GILI would be an option for domestic inflation linking.

Likewise, short dated bonds could be GBP or global. Several options exist to tailor to the non-US investor.

Thanks for the input it's very much appreciated.
What would you suggest with regards to short dated bonds ? Any particular fund ? 

I think I would probably just choose CSH2, which is a GBP money market fund. Serves the same purpose. ERNS is another option, which is closer to the original intention, but if you compare them on a chart, they track each other very closely, as you'd expect.

Venomspread3r

Yes I can see that thanks you make a very good point 

So @masonic if you could humour me, how would yours looks instead of mine? feel free to edit & send across your version - I'd be keen to hear your opinions.

EQUITIES]
FWRG / WLDS / VFEG / VEUA / VDPG

[BONDS]
GHYG / VUSC / ITPG

[ALTERNATIVES]
GDGB / TREG

Bostonerimus1

Venomspread3r said:

Bostonerimus1 said:

Venomspread3r said:

Hello Guys I hope everyone is doing well.
I've just finished reading "The Gone Fishin portfolio' which I found very interesting but it's US based.
I'm looking to replicate this portfolio for a UK Based investor more specifically on Invest engine if I can.

Can anybody if they would like to help give me some solid UK alternatives as some of these either Aren't on invest engine OR aren't funds anymore.

Many thanks.

I see no reason to overweight small cap or EM. Just do Vanguard VWRL and whatever Bond index you like and also keep some money in cash. Or just use a multi-asset fund like VLS series.

Thankyou for replying it's very helpful & appreciated.
I 100% hear what you are saying & I'm not sure if you read my reasoning regarding this portfolio - I'm going to be experimenting it side by side with my Main Portfolio which is an all world index fund BUT I do take on board you mentioning a bond index so I will certainly look into that.

But yes I wanted to see how they run side by side for a year. As many people say go for a more "lazy" but I'm keen to see how this does, but I'm loving the feedback from everyone so thanks again.

It'll take you at least 10 years to come to any conclusions and then who can say if the next ten years will be similar. This is why I decided to keep things simple and inexpensive 30 years ago. It's worked out well enough, but I could now look back and come up with thousands of better portfolios...and of course thousands of worse ones.

masonic

Venomspread3r said:

So @masonic if you could humour me, how would yours looks instead of mine? feel free to edit & send across your version - I'd be keen to hear your opinions.

I'd be very tempted to go 100% FWRG, or use those other equity ETFs to reduce US exposure a bit. But let's assume I wanted to follow this portfolio, and preferred it to other similar alternatives like the Weird portfolio or Pinwheel portfolio. I don't think I'd be inclined to change the equities. I've already discussed what I'd do with the bonds, so that leaves the last two funds, both of which I'd be keen to change. As a diversifier, I think the case for direct exposure to gold (rather than via gold miners) is much more compelling, so I'd ditch GDGB and opt for something like SGLN instead. It would be painful to invest at this gold price though. For the property ETF, it looks ok, but I'd probably switch to HPRO, which is almost 3 times the size, is Ireland domiciled, and from a familiar fund house.

Venomspread3r

Bostonerimus1 said:

Venomspread3r said:

Bostonerimus1 said:

Venomspread3r said:

Hello Guys I hope everyone is doing well.
I've just finished reading "The Gone Fishin portfolio' which I found very interesting but it's US based.
I'm looking to replicate this portfolio for a UK Based investor more specifically on Invest engine if I can.

Can anybody if they would like to help give me some solid UK alternatives as some of these either Aren't on invest engine OR aren't funds anymore.

Many thanks.

I see no reason to overweight small cap or EM. Just do Vanguard VWRL and whatever Bond index you like and also keep some money in cash. Or just use a multi-asset fund like VLS series.

Thankyou for replying it's very helpful & appreciated.
I 100% hear what you are saying & I'm not sure if you read my reasoning regarding this portfolio - I'm going to be experimenting it side by side with my Main Portfolio which is an all world index fund BUT I do take on board you mentioning a bond index so I will certainly look into that.

But yes I wanted to see how they run side by side for a year. As many people say go for a more "lazy" but I'm keen to see how this does, but I'm loving the feedback from everyone so thanks again.

It'll take you at least 10 years to come to any conclusions and then who can say if the next ten years will be similar. This is why I decided to keep things simple and inexpensive 30 years ago. It's worked out well enough, but I could now look back and come up with thousands of better portfolios...and of course thousands of worse ones.

Very jealous wish I'd started 30 years ago but yes as you say hindsight is 20/20 may I ask what your simple portfolio strategy no worries if it's private.

Venomspread3r

masonic said:

Venomspread3r said:

So @masonic if you could humour me, how would yours looks instead of mine? feel free to edit & send across your version - I'd be keen to hear your opinions.

I'd be very tempted to go 100% FWRG, or use those other equity ETFs to reduce US exposure a bit. But let's assume I wanted to follow this portfolio, and preferred it to other similar alternatives like the Weird portfolio or Pinwheel portfolio. I don't think I'd be inclined to change the equities. I've already discussed what I'd do with the bonds, so that leaves the last two funds, both of which I'd be keen to change. As a diversifier, I think the case for direct exposure to gold (rather than via gold miners) is much more compelling, so I'd ditch GDGB and opt for something like SGLN instead. It would be painful to invest at this gold price though. For the property ETF, it looks ok, but I'd probably switch to HPRO, which is almost 3 times the size, is Ireland domiciled, and from a familiar fund house.

I am 100% in FWRG my 'Normal' sipp but Im always thinking I's this TOO simple?

You say you'd use the other equity ETF's to reduce US exposure - how so ? Id be keen to hear your thoughts on this.

Thanks for the feedback - I saw your two bond suggestions did you say you'd change all three ? 

Yes the SGLN is crazily expensive currently but i can certainly see your point for direct exposure to gold.

Nice property suggestion 👍🏻
I'm going to have to jot all these suggestions down haha 

Thanks so much for the very informative feedback