All Hale Tim's portfolio
Posted: May 24th, 2019, 2:58 pm
Hi Everyone,
I'm working my way thorough Tim Hale's book 'Smarter Investing' and I have to say although he really labour's some points I am am converted to the benefits of being the market rather than trying to actively beat the market.
My current SIPP is in a Vanguard Target Retirement Fund. Now having read Mr Hale's book I realise that there is a large UK bias and under representation of Emerging Markets, Small and Value.
An example of Tim Hale's portfolio is number 9 on this list in this link:
https://monevator.com/9-lazy-portfolios ... tors-2010/
I would like to add these 'tilts' too
My options are:
1. Sell up and rebuild an 8 or so fund portfolio, not rocket science and relatively painless as my current holdings aren't huge, I get trading credits with ii.
I can then rebalanced annually
2. Keep the Vanguard Target Retirement fund and add the tilts in the form of additional ETFs, a little more complicated to balance the various exposure percentages. But ultimately dilute the 'home bias' .
The reason for option 2 is the sliding scale of lifestyling/bond exposure from Vanguard as one nears retirement and I like the idea of the automatic rebalancing between equities and bonds.
I wonder if anyone has combined a Vanguard Lifestrategy or Target Retirement with the 'tilts' and how you may be managing?
Thanks
I'm working my way thorough Tim Hale's book 'Smarter Investing' and I have to say although he really labour's some points I am am converted to the benefits of being the market rather than trying to actively beat the market.
My current SIPP is in a Vanguard Target Retirement Fund. Now having read Mr Hale's book I realise that there is a large UK bias and under representation of Emerging Markets, Small and Value.
An example of Tim Hale's portfolio is number 9 on this list in this link:
https://monevator.com/9-lazy-portfolios ... tors-2010/
I would like to add these 'tilts' too
My options are:
1. Sell up and rebuild an 8 or so fund portfolio, not rocket science and relatively painless as my current holdings aren't huge, I get trading credits with ii.
I can then rebalanced annually
2. Keep the Vanguard Target Retirement fund and add the tilts in the form of additional ETFs, a little more complicated to balance the various exposure percentages. But ultimately dilute the 'home bias' .
The reason for option 2 is the sliding scale of lifestyling/bond exposure from Vanguard as one nears retirement and I like the idea of the automatic rebalancing between equities and bonds.
I wonder if anyone has combined a Vanguard Lifestrategy or Target Retirement with the 'tilts' and how you may be managing?
Thanks