Asset allocation

[Urbandreamer]

Over on the crypto board a couple of us wound up debating demographics and how the people who use this site think/invest/save.

Sorry for the plethora of options, but even limited to 7, I suspect that I have not covered the full range.

I have enabled you to change your vote, as debate may cause some to change their mind about including the value of their home.

Oh and if you feel that you should change your asset allocation with age, or simply that your attitudes have changed, please feel free to say so.
I maintained in the original debate that TLF contained a large cohort from TMF uk, and hence had attitudes set in the period that their UK boards existed.

[Urbandreamer]

Having set the options I find myself having to pick other!

I desire close to 100% equities, but currently have a not insignificant amount of cash looking for a home in my pension.
I also have a minuscule amount of bitcoin, 0.37% of my wealth and less than the cash in my current account.
I don't include the familly home in my asset allocation as we need somewhere to live.

I'm also of the cohort who joined TMF in the 90's and came here when their boards closed.

[tjh290633]

I chose 100% equities, but do have a relatively small amount of cash. Probably about 2% of the total. £5 in premium bonds as well, never won anything in 60-odd years.

TJH

[Bubblesofearth]

Hi urbandreamer

I've ticked the last option which asks for an explanation. Like I suspect the majority of people on here (again thanks to the likely demographic) I own my own home and also have (non-state) pension wealth. If I include these wealth classes then my asset allocation would be approximately;

12% financial wealth
44% property wealth
44% pension wealth

I think what you are trying to do with your poll is very difficult because of the number of variable when it comes to asset allocation. Equities/non-equities as a function of financial wealth is binary and lends itself to a poll with limited options. OK, as I'm finding out from responses, it's not as clear cut as I'd like but at least it has a fighting chance of achieving some clarity regarding preferences.

IMO if you are considering more in depth asset allocation then you would need a huge number of options! Even if you were to consider only 3 asset classes you would still need more than 10 options to achieve an understanding of peoples investment habits.

Polls are always tricky!

BoE

[TUK020]

I don't count Portfolio as including property (main residence), or DB pension(which could be likened to bonds).
Portfolio is approx 90% equity, 5% gold/gold producer ETFs (viewed as insurance policy), and 5% bond ETF (new addition in the last month, and likely to increase).

[SteadyAim]

I assume you meant to say 60/40 or 80/20 ?

[88V8]

Other.... a third direct equities, a third Prefs, a third ITs some of which are equities and some such as NCYF which are not.
Maybe 5% bonds.
And 10% cash incl Premium Bonds.

Yes, that's more than 100%...

V8

[Urbandreamer]

I assume you meant to say 60/40 or 80/20 ?

Actually I didn't. I specifically meant something based upon the traditional 60/40 portfolio, but allowing for the fact that people may wish to swap which of equities or bonds is the greater and that some might bias heavy in their preferred direction.

BTW, both Bubblesofearth and I thought that we were interested in the same thing. The importance of cash or cash equivalents to people on TLF. From our polls it now seems that we were not even talking the same language!

On a later post in his poll he he stated that he intended to exclude all pensions, while I was quite happy to include pensions over which the responder has investment control.

[stevensfo]

I assume you meant to say 60/40 or 80/20 ?

Actually I didn't. I specifically meant something based upon the traditional 60/40 portfolio, but allowing for the fact that people may wish to swap which of equities or bonds is the greater and that some might bias heavy in their preferred direction.

BTW, both Bubblesofearth and I thought that we were interested in the same thing. The importance of cash or cash equivalents to people on TLF. From our polls it now seems that we were not even talking the same language!

On a later post in his poll he he stated that he intended to exclude all pensions, while I was quite happy to include pensions over which the responder has investment control.

I think that you simply have to make it clear what the 60/40 part means. Bond/Equities or vice versa.

I agree that it is not obvious to many people. What is traditional to you may not be for everyone.

Steve

[SteadyAim]

I assume you meant to say 60/40 or 80/20 ?

Actually I didn't. I specifically meant something based upon the traditional 60/40 portfolio, but allowing for the fact that people may wish to swap which of equities or bonds is the greater and that some might bias heavy in their preferred direction.

Ah, I see, makes sense. I understood the 60/40 easily enough so I suppose I got the gist of it anyway. That's still my vote.

[Dumbo]

I chose 100% equities, but do have a relatively small amount of cash. Probably about 2% of the total. £5 in premium bonds as well, never won anything in 60-odd years.

TJH

Oh bad luck. My late parents bought me a £100 premium bond for my 21st Birthday in 1975. Last year I won £25,

Best wishes,

Eddie