"Alternative PP" as VP?
Posted: Tue Mar 04, 2014 7:33 am
My VP is currently a mix of about 75/25 of stocks/cash. The stocks are a mix of mostly energy and natural resource stocks plus some metals/mining stocks and ETFs' (GDX, GDXJ, SLW, FCX). I got to thinking, does anyone do a hybridized version of a PP as their VP?? I'm thinking of adding some long-term bonds to give my VP some (hopefully) additional stability like the PP has. Any suggestions for this? I hold TLT in my PP for the long bonds so may want something different for diversification purposes. So my VP would look something like - 25% metals/mining stocks, 25% (mostly)natural resource stocks (BP, NRP, LINE, VLCCCF, RIG, SDRL, etc.), 25% Long-Bonds (??), 25% Cash (I use Vanguard short-term corporate in this account (VCSH). Any thoughts?? I know I'm missing pure gold exposure, so wouldn't be opposed to adding some to the metals/mining portion. I hold IAU in my PP so again may want a different gold ETF. Or maybe use silver instead of gold?? Thanks in advance...