Comments on my portfolio weighting please
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Thread: Comments on my portfolio weighting please

  1. #1
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    Comments on my portfolio weighting please

    Hi - so I have been in cash for months now and with the draw down in equities I am looking to get back in. My current weighting is as follows:

    60% in equities
    20% in gold
    20% fixed income

    (DIA) Dow in US currency 15%
    (IVV) S&P in US currency 15%
    (GXC) S&P in China 20%
    (?) TSX in Canada 10% or something that tracks Singapore equities also 10%

    (CGL.C) Gold ETF in US currency 20%
    (ZEB) Cdn Banks ETF in Cdn currency 10%
    (?) US corporate bond ETF in US currency 10%

    My thinking is that 60 in equities and 40 in "safer stuff". Since gold often inversely tracks equities I thought I would use this and I love Canadian banks just for the regular income. I am also looking for a good ETF of corporate bonds. I am also thinking the US dollar may see some increase in the next couple of years.

    Comments?


  2. #2
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    1. You appear to have 70% in equities and 10% in FI.
    2. Your FI is 100% US. Do you live in the US?
    3. 10% Singapore? Really?
    4. DIA and IVV - pick one. I'd say IVV.
    5. ZEB? Why?

  3. #3
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    " so I have been in cash for months now and with the draw down in equities I am looking to get back in."

    Equities have been rising for months. We've had ~13% jump over the last 6 months. The "draw down" is what? Less than 1% in May?

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  5. #4
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    "My thinking is that 60 in equities and 40 in "safer stuff". "

    All depends on your goals, risk tolerance, etc.

    Sounds like you also have income needs? "...I love Canadian banks just for the regular income."

    I believe you might benefit from having a financial plan drawn up. Plans come before products IMO.
    Hidden Content - Working on a $1 million portfolio and $30k per year from it.

  6. #5
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    Yeah like the gentlemen above me just said, we have no idea what your age, timeline, goals, financial situation, etc. are and you are asking for advice. You can pull a porfolio out of a hat, but why come ask for specific advice.

    And are you American or do you live in Asia? Because this is a Canadian site, and while many of the basic things we talk about here are universal, most of the conversations are geared towards Canadian investors. If you are Canadian, I don't understand why you would possibly want 90% of your investments in a different country/currency. Especially not that large percentage in those 2 specific countries.

  7. #6
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    Thanks for the replies and yes it was a hurried and incomplete post. I am 44 and plan to retire between 55-60. I have a defined benefit pension plan and will retire with 60-70% of my wage depending on the exact age I retire. I have no debt and my current financial situation is stable. I plan to purchase a house soon but will not require the funds from these investments as I have a sizable down payment and will have the house paid off before I retire. I live in Canada however am influenced by Martin Armstrong in the sense that I expect the US dollar and US equities to appreciate in the next couple of years so I wanted to expose myself to a sizable amount of US currency and equities. The gold in my mind is a suitable balance to the equities, I realize it is much more volatile than bonds but I also tend to be bullish for gold over the next five years. I do not need regular income. I am not very bullish on Canada in the immediate future however I will be re balancing once the appetite for commodities grows again. I like Singapore since I respect the governance and financial situation of the nation, I am growing more concerned with western countries who are heavy on social programs and increasing in debt in on a crazy pace.

    Heh yes there has been no real draw down to speak of yet in equities, I was watching the drop earlier this week as I have been waiting for a correction to come and did not want to purchase my US equities just yet.

    If anyone has suggestions I am open, or if you know some reputable organization in Canada that advises online I would also consider them.

  8. #7
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    If you have a good pension and fancy a few bets then go for it. Just don't pretend that there is any actual logic in your 10% Singapore allocation, your 100% US bond allocation or the draw down watching game.

  9. #8
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    20% in gold gave me pause...if this is physical gold in your deposit box its not so bad though, if in ETF's then worthless in an emergency. Singapore???why not Brazilian telecom's?

  10. #9
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    I would go close to 100 percent cash.

  11. #10
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    Quote Originally Posted by lyl View Post
    Thanks for the replies and yes it was a hurried and incomplete post. I am 44 and plan to retire between 55-60. I have a defined benefit pension plan and will retire with 60-70% of my wage depending on the exact age I retire. I have no debt and my current financial situation is stable. I plan to purchase a house soon but will not require the funds from these investments as I have a sizable down payment and will have the house paid off before I retire. I live in Canada however am influenced by Martin Armstrong in the sense that I expect the US dollar and US equities to appreciate in the next couple of years so I wanted to expose myself to a sizable amount of US currency and equities. The gold in my mind is a suitable balance to the equities, I realize it is much more volatile than bonds but I also tend to be bullish for gold over the next five years. I do not need regular income. I am not very bullish on Canada in the immediate future however I will be re balancing once the appetite for commodities grows again. I like Singapore since I respect the governance and financial situation of the nation, I am growing more concerned with western countries who are heavy on social programs and increasing in debt in on a crazy pace.

    Heh yes there has been no real draw down to speak of yet in equities, I was watching the drop earlier this week as I have been waiting for a correction to come and did not want to purchase my US equities just yet.

    If anyone has suggestions I am open, or if you know some reputable organization in Canada that advises online I would also consider them.
    I recall some advice from 'Market Call' on BNN - great shows btw. You treat your pension income as if it were from a fixed income source. So if your pension were 50K say, and you wanted to keep a 50/50 split (bonds /equities) you could have 50k come from equity sources ie div and cap gains.

    Here is another idea too from taxtips.ca, try and have your equities so you have an = weighting btw the major sectors. As in the link they have ~ 25% in utilities/telcos/pipelines, 25% oils, industrials, materials,25% consumer cyc and def, healthcare and 25% in financial/real estate. That is why some cdn index etfs aren't that great w too much wgt in financial and oil. Can't post links yet so replace dot w .

    http(colon)//www(dot)taxtips(dot)ca/stocksandbonds/recommendedstocks(dot)htm


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