Right so I thought someone would ask about this and rightly so… I’m going to do a full write up on my portfolio tomorrow with comments as to why I’m in 90% cash and my strategy going forward.
Essentially back in March my portfolio consisted of 5% gold, 5% bitcoin and the 90% in 8 Individual large cap companies. I decided to sell my holdings in my equities due to not being happy with my diversification and I managed to sell at a gain.
The plan going forward is to invest 50% in index funds split across S&P 500 20%, FTSE All World 20% & FTSE EM 10%. Individual equities 40% as well as the the bitcoin and gold holdings at 5% each.
In terms of my gold and bitcoin holdings it’s interesting that you ask because I’ve done a decent amount of research in both.
Regarding gold, I recommend that you read Ray Dalio’s The Big Debt Crisis as it gives great insight to gold as a currency crisis hedge. I’m also considering buying some physical silver and gold coins.
Bitcoin I will admit is more of a speculation rather than an investment. However after reading the Bitcoin white paper by Satoshi Nakamoto and The Bitcoin Standard by Saifdean Ammous I’m convinced that bitcoin has a role to play especially due to the Fed’s constant money printing.
I’ll do a longer write up on my blog tomorrow going a bit more in-depth