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  1. The Falcon

    Gone fishing portfolio in Australia...

    Yep, all equities is all you need if your going really long. S&P 500 , 1950-2013 11.3% pa. How easy is that :) People like a sea anchor though....
  2. The Falcon

    Gone fishing portfolio in Australia...

    ^ this is my point about slicing and dicing into small portions. The legendary Wellington Fund has returned 8.23% per annum since 1929-2013. 60-70% stocks 40-30% bonds. This gives you an idea of the kind of return you might expect over the long term. Just on the fund manager risk with...
  3. The Falcon

    Gone fishing portfolio in Australia...

    I guess my point is this annual (or more frequent) rebalancing process across 10 or so funds is down to x% is bogus IMHO. Selling winners and creating tax events and other frictional costs is a real cost...and not often considered when talking rebalancing theory....by all means divert dividends...
  4. The Falcon

    Gone fishing portfolio in Australia...

    Easy to confirm, refer historical performance of the underlying ETFs / funds and construct portfolio in same weight.
  5. The Falcon

    Gone fishing portfolio in Australia...

    It's all over the place , here the book talks of 10.6% since inception http://www.gonefishinportfolio.com/track-record.html Anyway it doesn't really matter, the gist of it is index funds / diversified portfolio allocation, combined with a regular savings and investment plan you won't go...
  6. The Falcon

    Gone fishing portfolio in Australia...

    You could do this with ASX listed ETFs pretty easily (google this and you'll find the list) or if being very lazy, have a look at Vanguard Australia's unlisted funds, beleive Lifestrategy balanced or Lifestrategy growth may be of interest with roughly similar allocations. You cannot...
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