Wots your current portfolio spread ?

meester

cloud_dog wrote: »

As someone else said............... this threads too good to just wither on the vine (sic), sooooooooooo

All of you with a decent cash position are probably feeling a little bit smug and a little less stressed atm, what with the DOW tanking another 277+ points tonight and the probable knock on effects.

Of course those of you who may have done some 're-investing' recently might be starting to think things are getting a little bit 'volatile' and is there anywhere else that I could put my money - hmmmm let me think......... is there anywhere I've not put it yet............. hmmmm

I substantially reduced my Uk exposure recently, cos this country's economy is only going one way.

I have money everywhere else (except US), since they aren't cursed by the Brown cowboy we have running this country.

Unfortunately it's all very well to look smug when the UK goes down having just sold half your shares, the problem is the other markets seem to fall as well.

wombat42_2

OK guys - I have realised that Alliianz BRIC is too much of a risk and have basically retraced my steps. I was in 50% Neptune Global Equity and 50% Artemis Global Growth before I switched to Allianz BRIC but i have now switched back to 100% Neptune Global Equity. Artemis Global Growth was getting zapped by global credit crunch woes while Neptune Global Equity has been almost unscathed, The good thing about Neptune Global Equity is that it curently has about 45% Emerging Markets but it doesnt have to have any emerging markets as it is very flexible. Next week, for example, it could have zero emerging markets. Also the biggest current country allocation is to Russia (which is Mark Dampier's (of H&L) favourite country for 2008). Russia is almost unaffected by credit crunch woes, thriving on resource exports and a lower P/E ratio than other emerging countries.

So I reckon that Neptune Global Equity is a good fund to be in for the long term.

Neptune Global Alpha is a modified version of Neptune Global Equity in that the fund manager can allocate as much as he likes to cash - so if the fund manager doesnt fancy investing anywhere at a particular time, he could theoretically put it all in cash.

Murphy_The_Cat

cloud_dog wrote: »

All of you with a decent cash position are probably feeling a little bit smug and a little less stressed atm, what with the DOW tanking another 277+ points tonight and the probable knock on effects.

p.s. ok, so maybe this posts a bit churlish and pathertic but, hey its a slow day

TBH, I rarely look at how the DOW or the FTSE have done, as my ISAs don't have much money sat there (my pension is a different matter :eek:) - I tend to look at how things have gone in Russia, Brazil, Mexico, Hong Kong & India, except today, when I will bury my head in the sand and pretend that I don't have an internet connection.
Hey, its c'est la vie, the jobbies go down, the jobbies go up, but as long as it doesn't take over your life (or leave you destitute) it all adds to lifes rich tapestry.

purch

this threads too good to just wither on the vine (sic),

.......for it's comedic value if nothing else !!!! :rotfl:

Murphy_The_Cat

wombat42 wrote: »

OK guys - I have realised that Alliianz BRIC is too much of a risk and have basically retraced my steps.

You give the impression of being a very indecisive, decisive person, am I correct ?

Also, if you don't mind giving a generalisation (& if you do, no worries) how large is your S&S portfolio, and if it all went wrong, how would it leave you ?

wombat42_2

Murphy_The_Cat wrote: »

You give the impression of being a very indecisive, decisive person, am I correct ?

Also, if you don't mind giving a generalisation (& if you do, no worries) how large is your S&S portfolio, and if it all went wrong, how would it leave you ?

It is very difficult to decide when you have about 2000 funds to choose from, not only that you have to work out percentage allocations. I have learnt a lot along the way.

Inspite of a lot of chopping and changing I am still comfortably up on the last 12 months.

purch

Next week, for example, it could have zero emerging markets

I have a good feeling that it won't be chopping and changing with that frequency !!!:eek:

Robin Geffin is an extremly smart and savvy investor/manager ( I met him back in the 80's when my missus worked for Dunbar Bank and he was at Eagle Star ) and he has strong fundemental views. In my opinion you can invest in one of his managed funds with confidence, because he won't be chopping and changing either his positions or his fundemental views on value and growth.

Liz_the_Whizz

purch,

Good to hear that - I like the Robin Geffen/Neptune approach. I've naturally gravitated towards their funds in a number of sectors. In terms of variety of funds, I hold more with them than any other investment house.

Hope he's not retiring anytime soon.

wombat42_2

Liz_the_Whizz wrote: »

purch,

Good to hear that - I like the Robin Geffen/Neptune approach. I've naturally gravitated towards their funds in a number of sectors. In terms of variety of funds, I hold more with them than any other investment house.

Hope he's not retiring anytime soon.

He is in charge of about a dozen other fund mangers / economists at Neptune. I think that if he retired, someone else in his team would carry on with his approach. He only looks about 40 so no reason to believe he will be retiring soon.

Liz_the_Whizz

wombat42 wrote: »

He is in charge of about a dozen other fund mangers / economists at Neptune. I think that if he retired, someone else in his team would carry on with his approach. He only looks about 40 so no reason to believe he will be retiring soon.

Yes, but often funds or investment houses become synonymous with their managers/directors.

Can't imagine Invesco Perpetual (High) Income without Neil Woodford - they must dread the day he hangs up his investment boots;) .