Reddit reviews Smart Portfolios: A practical guide to building and maintaining intelligent investment portfolios
We found 2 Reddit comments about Smart Portfolios: A practical guide to building and maintaining intelligent investment portfolios. Here are the top ones, ranked by their Reddit score.
>This article goes into a lot of details, the lowdown is
wow. the article is really in depth. it will take me a while to go through that one though. thanks for sharing.
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>I'd ditch currency hedged funds do a mix of
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>1. Euro bonds
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>2. Unhedged global bonds
Robert Carver in the Smart Portfolios is of the opinion that hedged funds should be avoided. Mostly due to hedging, carry, transaction and TER costs. There he also recommends investing in unhedged global bonds.
I'd personally rather not have currency fluctuation in the stable part of the portfolio. My preferred option would be eurozone government bonds. That is similar to Lars Kroijer's Rational Portfolio (but he uses short-term government bonds from your high credit quality government). But the low yields, coupled with concentration risk in debt from places like Italy (~ 23%) is worrisome. A global bond fund mitigates the concentration risk but you get less predictability on potential returns (from a YTM standpoint)
Portfolios with 100% equities are pointlessy risky: allocatin a little to bonds reduces risk with no significant effect on geometric returns.
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