Re: Won game - now what?
Posted: December 30th, 2016, 9:54 am
Well, if the target has changed from wealth creation to maintaining your wealth then it may be worth considering the cockroach portfolio.
http://www.retirement-planner.co.uk/285 ... -portfolio
It's only aim it to survive whatever happens.
Personally I would have huge issues buying any government bonds at all, but that's more an ideological issue.
In terms of risk, by which I assume you mean possibility of lose rarther than gain, bonds also look a bad bet at the moment. However "risk" free only exists as a concept.
The argument is that to preserve wealth, gains and losses should balance.
I'd re-jig it, probbably as:
25% equities
25% cash savings
25% property funds
25% gold
BTW, it's very difficult to be 100% equity and I'm not sure that anyone truely recommends it. I am 100% equity, if you ignore our house, my expected FS pension, the expected state pension, my wifes cash savings...... Yet does not our familly wealth include those things?
http://www.retirement-planner.co.uk/285 ... -portfolio
It's only aim it to survive whatever happens.
Personally I would have huge issues buying any government bonds at all, but that's more an ideological issue.
In terms of risk, by which I assume you mean possibility of lose rarther than gain, bonds also look a bad bet at the moment. However "risk" free only exists as a concept.
The argument is that to preserve wealth, gains and losses should balance.
I'd re-jig it, probbably as:
25% equities
25% cash savings
25% property funds
25% gold
BTW, it's very difficult to be 100% equity and I'm not sure that anyone truely recommends it. I am 100% equity, if you ignore our house, my expected FS pension, the expected state pension, my wifes cash savings...... Yet does not our familly wealth include those things?