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US version of a Goldsmith PP?
Posted: Sat Feb 20, 2021 8:04 pm
by ppnewbie
Curious if there any funds / etf’s in the Vanguard family or other major players that could be used for a US Goldsmith PP.
Re: US version of a Goldsmith PP?
Posted: Sat Feb 20, 2021 8:31 pm
by whatchamacallit
Re: US version of a Goldsmith PP?
Posted: Sat Feb 20, 2021 8:53 pm
by ppnewbie
Maybe - I was actually looking at that recently. Then also started looking at Wellington. I’m going to backtest Wellington / IAU against the PP. Thanks for the suggestion.
Re: US version of a Goldsmith PP?
Posted: Sat Feb 20, 2021 9:11 pm
by ppnewbie
That’s actually pretty close!
Re: US version of a Goldsmith PP?
Posted: Sat Feb 20, 2021 10:06 pm
by Smith1776
The GoldSmith PP is catching on! Woohoo!
Re: US version of a Goldsmith PP?
Posted: Sun Feb 21, 2021 4:19 pm
by Hal
Can't get much closer than that!
Actually quite surprised how well it did in 2008-9....
Re: US version of a Goldsmith PP?
Posted: Mon Feb 22, 2021 12:35 am
by ppnewbie
Re: US version of a Goldsmith PP?
Posted: Mon Feb 22, 2021 8:16 am
by dualstow
Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.
Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).
https://www.portfoliovisualizer.com/bac ... tion3_2=60
Re: US version of a Goldsmith PP?
Posted: Mon Mar 01, 2021 8:36 pm
by ppnewbie
I wish I could backtest VCIT / VTI further.
Re: US version of a Goldsmith PP?
Posted: Mon Mar 01, 2021 8:41 pm
by Mark Leavy
dualstow wrote: ↑Mon Feb 22, 2021 8:16 am
Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.
Wellesley and a little bit of gold is about as simple as it gets.
I'm working with a tattoo artist now to figure out how to put those instructions on the uv cranial treasure map.
Re: US version of a Goldsmith PP?
Posted: Mon Mar 01, 2021 8:58 pm
by dualstow
Wow! The treasure map is going on your scalp?
Re: US version of a Goldsmith PP?
Posted: Mon Mar 01, 2021 9:42 pm
by jalanlong
dualstow wrote: ↑Mon Feb 22, 2021 8:16 am
Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.
Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).
https://www.portfoliovisualizer.com/bac ... tion3_2=60
Wellesley stocks are large cap value stocks according to morningstar. So you might need to use VTV to backtest with.
Re: US version of a Goldsmith PP?
Posted: Mon Mar 01, 2021 10:32 pm
by dualstow
Ah yes, good point.I should know that by now, as I own VVIAX (the fund version of VTV) in a traditional IRA that i never look at.
Re: US version of a Goldsmith PP?
Posted: Tue Mar 02, 2021 1:42 pm
by Hal
As an aside, this is a chart of how the Aussie GoldSmith components have performed recently.
Anyone else have info from their countries?
https://www.asx.com.au/prices/charting/ ... rame=daily
Re: US version of a Goldsmith PP?
Posted: Tue Mar 02, 2021 2:30 pm
by Smith1776
Canadian GoldSmith PP performance here!
- GoldSmith PP Canada.png (207.3 KiB) Viewed 3370 times
Re: US version of a Goldsmith PP?
Posted: Tue Mar 02, 2021 9:59 pm
by Hal
And here are the individual components of the US Goldsmith PP.
Wouldn't think the PP would have so little volatility after looking at Gold alone
