US version of a Goldsmith PP?

[ppnewbie]

Curious if there any funds / etf’s in the Vanguard family or other major players that could be used for a US Goldsmith PP.

[whatchamacallit]

Would iau plus

Vanguard Wellesley do it?

https://investor.vanguard.com/mutual-fu ... view/vwiax

[ppnewbie]

Maybe - I was actually looking at that recently. Then also started looking at Wellington. I’m going to backtest Wellington / IAU against the PP. Thanks for the suggestion.

[ppnewbie]

That’s actually pretty close!

[Smith1776]

The GoldSmith PP is catching on! Woohoo!

[Hal]

Can't get much closer than that!
Actually quite surprised how well it did in 2008-9....

[ppnewbie]

I ran 100% wellesley, 75% wellesley, 25% IAU, and an HBPP(TLT,IAU,VTI,BIL). They were all pretty similar. I also did one with Wellington funds. None of the portfolios took a big hit during the March crash. The images show the numbers before the market downturn and at the bottom.

Portfolios.jpg (208.21 KiB) Viewed 3066 times

Wellesley-USGoldsmith-HBPP.jpg (288.11 KiB) Viewed 3066 times

March-Crash.jpg (40.33 KiB) Viewed 3066 times

[dualstow]

Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.

Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).

https://www.portfoliovisualizer.com/bac ... tion3_2=60

[ppnewbie]

I wish I could backtest VCIT / VTI further.

[Mark Leavy]

Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.

Wellesley and a little bit of gold is about as simple as it gets.

I'm working with a tattoo artist now to figure out how to put those instructions on the uv cranial treasure map.

[dualstow]

Wow! The treasure map is going on your scalp?

[jalanlong]

Wellesley (non-global) is a wonderful fund. For a long time, I’ve been tempted to employ a vp of my select indy dividend stocks with VCIT (Vanguard intermediate corporate bond etf) as a kind of homemade wellesley.

Even a mix of of VTI (total stock) and VCIT at Wellesley’s current stock-bond proportions looks pretty decent. (obviously, there are caveats. Wellesley owns treasuries while vcit does not; you get full-time mangagement of the stock portion vs keeping an eye on your own; higher expense ratio, though; etc).

https://www.portfoliovisualizer.com/bac ... tion3_2=60

Wellesley stocks are large cap value stocks according to morningstar. So you might need to use VTV to backtest with.

[dualstow]

Ah yes, good point.I should know that by now, as I own VVIAX (the fund version of VTV) in a traditional IRA that i never look at.

[Hal]

As an aside, this is a chart of how the Aussie GoldSmith components have performed recently.

Anyone else have info from their countries?
https://www.asx.com.au/prices/charting/ ... rame=daily

[Smith1776]

Canadian GoldSmith PP performance here!

GoldSmith PP Canada.png (207.3 KiB) Viewed 2784 times

[Hal]

And here are the individual components of the US Goldsmith PP.

Wouldn't think the PP would have so little volatility after looking at Gold alone