consolidating and stabilising my portfolio

[vand]

If you want ultimate simplification then I will again stick out my neck and offer my one-stop solution of 70/20/10 equities/bonds/gold that will serve you better than so many other more complicated solutions.

[JohnW]

I wouldn’t object to that…..oh, well, why not?
It’s simple enough until you get to the gold. Is that coins, eft’s, miners? Some aren’t really gold, and gold is not that simple to hold is it?
But having a look at the performance of that vs 70/30 stocks/bonds, there really wass almost no difference since 1986, and even at the times when there was a bit of a difference it was pretty small (in favour of not gold). For likely outcome and simplicity, I’m not convinced.

[vand]

I wouldn’t object to that…..oh, well, why not?
It’s simple enough until you get to the gold. Is that coins, eft’s, miners? Some aren’t really gold, and gold is not that simple to hold is it?
But having a look at the performance of that vs 70/30 stocks/bonds, there really wass almost no difference since 1986, and even at the times when there was a bit of a difference it was pretty small (in favour of not gold). For likely outcome and simplicity, I’m not convinced.

Why give gold a hard time?
Why not procrastinate over which version of a global equity fund to hold.., or whether you should hold 5 year notes or 30 year treasuries?

Total return on Gold compares well alongside equities and bonds over long timeframes, while being uncorrelated to both, and yet people still bring up their straw man objections... and over 10% of the portfolio! For its track record in acting as a lifeboat during periods when all stock/bond portfolios have done poorly... why wouldn't you hold gold?!

[richfool]

I wouldn’t object to that…..oh, well, why not?
It’s simple enough until you get to the gold. Is that coins, eft’s, miners? Some aren’t really gold, and gold is not that simple to hold is it?
But having a look at the performance of that vs 70/30 stocks/bonds, there really wass almost no difference since 1986, and even at the times when there was a bit of a difference it was pretty small (in favour of not gold). For likely outcome and simplicity, I’m not convinced.

Why give gold a hard time?
Why not procrastinate over which version of a global equity fund to hold.., or whether you should hold 5 year notes or 30 year treasuries?

Total return on Gold compares well alongside equities and bonds over long timeframes, while being uncorrelated to both, and yet people still bring up their straw man objections... and over 10% of the portfolio! For its track record in acting as a lifeboat during periods when all stock/bond portfolios have done poorly... why wouldn't you hold gold?!

Well I would certainly hold gold, or more of it, but I don't like buying in or topping up when the price is already high. Thus currently, my exposure is mainly through holdings like BRWM and RICA (or PNL).