Portfolio Allocation Strategies.

[Breezy]

Agree that a very small number of stocks on the NZX are looking very cheap.
That bar...not for the faint of heart that's for sure !!...not sure it would do my blood pressure much good lol

I highly doubt you would enjoy Cook Strait fishing then, can be incredibly scary with exceptionally strong currents&wind, huge swells, quick weather changes and more hidden rocks than you can point a stick at.

[Basil]

Probably wouldn't enjoy that at all as I've already seen more than my fair share of rough conditions Breezy.  Came back from the Bay of Islands to Auckland in 4 meter breaking swells beam on and similar conditions coming back from the Gt Barrier Island several times with huge following seas.  No fun in that but definitely sweaty forehead and dry throat at times !  Happy to take a far more circumspect approach these days.  15 knots gusting 20 is my limit now and much prefer no wind or 5-10 knots lol

Anyway...back to portfolio allocation.  Lot more strength in the US economy than the weak and anemic N.Z. economy here.
Happy to have a large position in Marlin and Barramundi with the overseas exposure they provide and the ~ 45 stocks they hold between them providing good diversification.  Really good tax free income too @ 8% per annum, although I am presently fully subscribed to the shares in lieu of dividends programs for both.
$1,000,000 invested gives you tax free retirement income of $80,000 per annum and no stress or drama's...just a thought.

[Shareguy]

All I own are NZX stocks and none of them are dreadful so you must be talking about another NZX. The pricing of a stock by the market is often far removed from the potential of the business itself. So if you could explain why any of these stocks are dreadful in a factual and logical way I'd be eternally grateful (FPH/SPK/ATM/RYM/OCA) and on the unlisted but still NZ stocks PAZ and SFF.

Gosh I did not say all NZX stocks are dreadful. We have our fair share though.  The point I was trying to make is it's  more about the quality and liquity of many of our stocks. It's becoming more difficult to buy and sell some stocks without impacting the stock price. Have no issues doing this in the US or Australian markets. If we had quarterly reporting investors would be much more informed.

I hope your strategy of just having NZX stocks works well for you. My portfolio is mostly invested offshore and it's one of the best decisions I have made. On saying that I think the NZ market will shine again and I'm watching and mostly waiting.

Each to there own and best of luck Breezy.

[Breezy]

Gosh I did not say all NZX stocks are dreadful. We have our fair share though.  The point I was trying to make is it's  more about the quality and liquity of many of our stocks. It's becoming more difficult to buy and sell some stocks without impacting the stock price. Have no issues doing this in the US or Australian markets. If we had quarterly reporting investors would be much more informed.

I hope your strategy of just having NZX stocks works well for you. My portfolio is mostly invested offshore and it's one of the best decisions I have made. On saying that I think the NZ market will shine again and I'm watching and mostly waiting.

Each to there own and best of luck Breezy.

Yeah I've only ever owned NZ stocks but several are dual listed on the ASX. The NZX will indeed have its time in the sun again once we claw our way out of the current pit we find ourselves in. Our market is still relatively clean by comparison with some overseas markets which are cesspools of shorting and Insto manipulation and blind eye turning by the regulators.

[Dolcile]

Hi all, I've been thinking a bit about asset allocations and I wondered if some of you might share your thoughts on the topic and perhaps even give examples of yours. 

I'm interested in the split of your portfolio between International Equities, NZ Equities, Bonds and cash? And how close you are to starting to draw down on the portolio.

Thanks!