Asset Allocation

Discussion in 'Share Investing Strategies, Theories & Education' started by dunno, 25th Feb, 2019.

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  1. Nodrog

    Nodrog Well-Known Member

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    Don’t be a wimp dump it all in at once:D. The stats suggest this is the way to go. Never argue with the stats:confused::):cool:.
     
  2. oracle

    oracle Well-Known Member

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    UPDATE

    Took opportunity to sell couple of individual shares in today's market rally and re-invest the proceeds in ETFs (See above)

    So now no individual shares owned. Have to pay some CGT but atleast I get to keep my 50% discount and franking credit refunds :D

    Cheers,
    Oracle.
     
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  3. Nodrog

    Nodrog Well-Known Member

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    Welcome aboard. You now join this exclusive “no direct shares” club along with @SatayKing, me and others.

    Membership benefits include being given the opportunity to give Chris Bowen three swift kicks up the ar*e:).
     
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  4. SatayKing

    SatayKing Well-Known Member

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    It's all about ME!
    I'm not sure it is entirely necessary to have a fixed asset allocation be it funds or percentage. If you're +/- 5% either way to what extent is it really going to have on you over [Insert: Your time-frame.]

    Not holding direct shares has certainly made my life easier. Haven't bothered to even look as specific ones except if I hear about a company and maybe get curious. Doesn't happen often.

    The ones I disposed of (including CSL!) were really the remnants of the cottage garden from when I thought I knew what I was doing. And I still don't know that. It got tiring.
     
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