Just a quick post to mention an interesting observation made while setting up an Australian two fund "Smith PP".
For reference: viewtopic.php?f=1&t=9613
The Australian Vanguard Conservative Fund consists of 30% Shares, 60% Intermediate Bonds and 10% Cash.
If you consider the shares/bonds to be the 50% growth/income section of a PP (and tilted towards bonds since the are only intermediate) and...
consider the Gold/Cash portion as 50% savings, do the math and you get
Shares 17% / Bonds 33%. (for a total of 1/2 the PP)
Gold. 39% / Cash 11% (for the other 1/2 of the PP)
And surprise, it is almost the same as the Golden Butterfly, at least in Australia
The "Gold Smith" portfolio
Smith PP
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Re: Smith PP
I promise to shrink this when I’m on my desktop.
↳ ✓ done
Last edited by dualstow on Mon Jan 27, 2020 3:29 pm, edited 1 time in total.
Re: Smith PP
Very interesting stuff... thanks for updating us Hal!
If Browne were alive today, I imagine he might even be posting on this very board. I'd be fascinated to get his input on all the variations of the ideas he's put forth.
And the Gold Smith portfolio. YES I love it. You came up with the name, I'll just politely request that I can license it from you for a fee.
If Browne were alive today, I imagine he might even be posting on this very board. I'd be fascinated to get his input on all the variations of the ideas he's put forth.
And the Gold Smith portfolio. YES I love it. You came up with the name, I'll just politely request that I can license it from you for a fee.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: Smith PP
Cool!
I've noticed that a USA investor can get very close to a PP with an off-the-shelf retirement income fund and a little gold. For example roughly 80% Vanguard Target Retirement Income and 20% gold is pretty darn close to a 4x25 PP.
I've noticed that a USA investor can get very close to a PP with an off-the-shelf retirement income fund and a little gold. For example roughly 80% Vanguard Target Retirement Income and 20% gold is pretty darn close to a 4x25 PP.