I am 36 years old and my AA is 60% stocks, 20% bonds, 20% Gold/Silver, I got about 100,000 USD to invest which I won't be needing anytime soon. I am a HSBC Premier account holder and also have a trading account at Boom.com. Given that Hong Kong, in particular HSBC, does not offer many index fund choices, here's what I like to set up:
40% DB X-Tracker MSCI World Index (03019)
20% Schroder ISF-Emerging Markets (SEMNX)
20% ABF Pan Asian Bond Index Fund ((02819)
10% Gold ETF (02840)
10% Silver ETF (03117)
I was looking for a global Bond index fund or ETF, but couldn't find any (listed in HK) - any ideas? Also, considering if I should rather buy a resource index ETF, instead of gold/silver ETFs.
Thanks for sharing your thoughts on above AA!
One thing to keep in mind, even though HKD is pegged to the USD now, you never know if or when it stops. So you may want to allocate some portion in HKD ETFs.
Thanks for the answer! You are right, trading in the US offers lots of more options and liquidity. Will keep that in mind.
One interesting comment from you was re. the currency link - I believe that the money printing in the US (and EU) will continue and there will devalue the US significantly in the next 3-5 years. Therefore I think Gold and or Silver will benefit from that significantly. Seems many Bogleheads rather choose REITS or just have a worldwide tracker and bond fund, right? Am interested why that is and not also try and benefit from the stronger Gold and Silver!?
As you know, Chinese are buying a lot of gold, as are central banks, but then again, you're not a central bank...
Another thing that holds me back on gold is if the US does face higher inflation than expectation, which may cause the dollar to drop. How will that impact gold since the gold investment is in USD? I am guessing that will be some offset against each other but I really don't know that much and also what are the real drivers for gold over long term?
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