Page 29 - What is the Squad List?

Let me give you an example.
This is purely illustrative (you must discuss what’s right for you with your financial adviser), but let’s say I’ve got £18,200 to invest.
I’d also include a stadium (you’ve got to have somewhere to play!) – which I would view as physical gold. You may also want some funds....perhaps view them as your training ground?
Anyway, let’s allocate that notional £18,200.
I could put £3,000 into my stadium, £3,000 into my training ground, £3,000 for my Goalkeeper, £3,000 for my defence, £3,000 for the midfield and £3,000 for the forwards.
The amount for each position obviously depends on your formation, but let’s say it’s 1, 3, 3, 4 then that’s £3,000 for your goalkeeper, £1,000 for each of your defenders and midfielders and £800 for each of your forwards. Notice, I’m allocating less to the riskier positions.
Remember, on top of this you’ve also got £3,000 in physical gold and say £3,000 across two funds.
If you want to allocate more, you could invest more into each position and/or have some substitutes.
Perhaps there’s an injury (a company experiences some difficulties), or conditions change (perhaps dividends become important or your appetite for risk changes).
For substitutes, I tend to allocate half the amount of a starter.
The important thing is to have a player in each position – imagine playing football without a goalkeeper!
This is what step 3 is all about. Not only do you want to decide what you want you want your portfolio to do, but you also need to decide what level of risk you want it to have and pick a team to suit that. For example, if I wanted
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