Hello, I was listening to a pension expert on Morning Ireland this morning on the outlook for 2010. A lot of the usual stuff "need to have a balanced portfolio..... equities can't repeat the performance of 2009 but will have more modest growth". He emphasised that people need to look at their portfolios more regularly as the environment these days is more volatile which can't be disputed.
On arrival at work I checked my own online as the mix is as follows:
Euro Govt Bond index = 25%
Cash Fund = 40%
World Equity = 2%
European Equity = 8%
Japan Equity = 4%
Pacific Basic Equity = 6%
Default Fund = 10%
North American Fund = 4%
UK Equity Fund = 2%
In 2009 I had much more equity weighting but at the end of the year decided to move more towards cash & bonds (fear of the old double dip!!).
As I approach 50 the fund is worth c. €250k an would be interested to get some views as to the above mix, eg. should I have more in bonds? should I move more into Asian equities.......
I know there is no right and no wrong answer but would appreciate any views....
Thanks
Roy
On arrival at work I checked my own online as the mix is as follows:
Euro Govt Bond index = 25%
Cash Fund = 40%
World Equity = 2%
European Equity = 8%
Japan Equity = 4%
Pacific Basic Equity = 6%
Default Fund = 10%
North American Fund = 4%
UK Equity Fund = 2%
In 2009 I had much more equity weighting but at the end of the year decided to move more towards cash & bonds (fear of the old double dip!!).
As I approach 50 the fund is worth c. €250k an would be interested to get some views as to the above mix, eg. should I have more in bonds? should I move more into Asian equities.......
I know there is no right and no wrong answer but would appreciate any views....
Thanks
Roy