Smartshares - you have 100k

[heisenberg]

You have been gifted 100k and have to invest this in the current smartshare offerings.

Your goal is for long term growth over 20+ years rather than a source of income. How would you divide up the 100k among the various smartshare funds?

[Lewylewylewy]

Wow, this will take a lot longer than the annual stocktastic competition to see who wins...

[heisenberg]

Wow, this will take a lot longer than the annual stocktastic competition to see who wins...

You're right, but thankfully it's not a prospective exercise. Just seeing how you would divide the 100k with an aim towards long term growth

[simla]

Investment choice for 20+ years? Now that is confident investing!

Since you are limiing to ETFs, I would personally weight to the property funds. Why? Because ETFs are broadly based, so there is not a lot of chance of dramatic upside like a 100-fold pay off, or so it would appear to me. Given that the pay off has a likely upside limit, I would therefore concentrate on likewise avoiding large loss by going for reliable performers, which property funds seem to have been over time. Many might say the indexes would do that too, but the indexes have been known to sit still for a long time, and even plunge a lot as per lately. That's just my view though.

Personally, though, I don't think I would expect to get away with a long term investment like that. Especially with world history looking so volatile at present.

[heisenberg]

Might be worth stockpiling gold for the end of the financial system as we know it then!

[simla]

Interesting article on Bloomberg last year. Suggested that gold is for people who think the legal system is going to break down, property for people who trust the legal system to survive!

[heisenberg]

Interesting article on Bloomberg last year. Suggested that gold is for people who think the legal system is going to break down, property for people who trust the legal system to survive!

My concern with the NZ property ETFs is that the Auckland bubble may be about to burst!

[Manukatana]

i cant believe the bubble is still going.

[simla]

Ah, but that reflects on your original question. Are you trying to building up a long term income or a long term capital sum? A certain holding in property (commercial) ETFs should, with reasonable luck, continue to pay the same income stream despite the capital value changing due to change in market expectations.

Your question, on the other hand, said you are not aiming at income, suggesting the "growth" you specified was in capital. But I always feel that begs the question, what is the capital for then? But we each have our own ends in mind.

[heisenberg]

Ah, but that reflects on your original question. Are you trying to building up a long term income or a long term capital sum? A certain holding in property (commercial) ETFs should, with reasonable luck, continue to pay the same income stream despite the capital value changing due to change in market expectations.

Your question, on the other hand, said you are not aiming at income, suggesting the "growth" you specified was in capital. But I always feel that begs the question, what is the capital for then? But we each have our own ends in mind.

Long term capital sum. Income not required whilst still working day to day. More of a nest egg for retirement.