Chris Brycki

speaker

759 appearances 3 recordings 2 series first heard Mar 2022 last heard 30 Jul

Chris Brycki’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

Appearances

newest first · ▶ plays the moment

Australian Finance Podcast · Investing in defensive assets: Cash, bonds & gold · 21 Mar 2022 podcast

Over 20 years in Japan, for instance, government bonds did much better than shares.

And so there are certainly periods in history, quite long periods in history, where defensive assets can actually do better and be a stabilizer in your portfolio.

You know, unless your timeframe is 100 years, it's certainly possible that over your investment time horizon of 5, 10, 15 years, something like gold or government bonds might do better than shares.

And yeah, I think a lot of people aren't aware of that.

They think that as long as you're investing for, you know, at least 12 months or two years, shares will definitely do better.

It's simply not the case.

I mean, that's really a question that is driven by a few main factors, I'd say, Owen.

So first of all, your investment time horizon.

So we've already sort of talked about that.

The longer you are planning to invest, even though we know that it doesn't always end up that way, the more capacity you have to have more growth assets in your portfolio.

It's as simple as that.

Our advice to clients is if you're planning to invest, let's say, for six months or a year, there's really no place for growth investments in your portfolio because your chance of making a positive return over that time period is barely over 50-50.

It might be 60-40.

You know, it's no better really than flipping a coin.

And in my mind, that's speculation.

It's not investing.

So the way we think about it from a timeframe perspective is, you know, what is the asset allocation that, you know, based on some level of assumptions is going to give you a very high probability of a positive return over that period.

And that really drives what percentage should be in those different asset classes.

Then there's obviously the overlay of what's your risk capacity, because in addition to knowing what should be in there theoretically, you want to be confident that in a drawdown scenario, you'll still stay invested to be able to enjoy the positive returns after that time horizon.

And that's a conversation I see

Showing 601–620 of 759 · page 31 of 38