tramrider wrote:Marky72 wrote:Hi guys,
To conduct an experiment, put 50% in VWRL and 25% each in e.g. JGGI and MNKS. See their relative performance over a couple of years. Then readjust if desired.
Tramrider
Interestingly enough I am in the process of doing something similar with 'real' money.
I have been adjusting my portfolio for a few months into two units, a passive one, bit like a giant LifeStrategy fund, but with nods to factors and a slightly more equal weighting of regions. The second is a collection of my Investment Trust favourites over the years, plus two operating companies Berkshire Hathaway and Brookfield.
Both portfolios have quite a few holdings and both portfolios are low seven figures, I commence April 6th this year, the allocations have been set, the real money is not quite at the set allocations, the reality of some CGT liabilities and money being spread across numerous brokerages/accounts, but the reality is fairly close to the allocation amounts. The investment trust portfolio has a slightly higher risk profile, lacking cash/bonds.
The reality of living in deaccumulation will always cause differences in outcome to the theoretical portfolio, a need to spend money day to day ! However rather than another model portfolio I will be doing it for real, I will add no new investments to either portfolio unless forced to by corporate events. I may drop some investments if I believe there are material changes to the management or outcome, its real money after all !!
I will do a post in Portfolio Review in due course.