6Mon
Everyone is allowed to make mistakes - and everyone has certainly made them! As long as you learn from them, it's all good.
Personally, I think your approach is a good one - increase ETFs! But it's best to set 50%+X as a savings plan - otherwise you'll probably be tempted to continue buying individual shares.
I personally find the water ETF too expensive with a TER of 0.6%. Maybe take a look at the positions in the ETF and invest in 1-2 of your favorites?
Personally, I wouldn't take any more positions for the time being. I would rather throw out a few positions.
Otherwise: stay tuned and good luck!
PS: Target and investment horizon would not be wrong. So smart goals.
Personally, I think your approach is a good one - increase ETFs! But it's best to set 50%+X as a savings plan - otherwise you'll probably be tempted to continue buying individual shares.
I personally find the water ETF too expensive with a TER of 0.6%. Maybe take a look at the positions in the ETF and invest in 1-2 of your favorites?
Personally, I wouldn't take any more positions for the time being. I would rather throw out a few positions.
Otherwise: stay tuned and good luck!
PS: Target and investment horizon would not be wrong. So smart goals.
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@KevinC I'm actually always tempted to buy individual shares. good advice about the ETF, I'll definitely reconsider that.
Thank you.
What do you mean by smart goals. I think it's a good goal to want to break 100k next year first, then I'll have to rethink.
Thank you.
What do you mean by smart goals. I think it's a good goal to want to break 100k next year first, then I'll have to rethink.
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6Mon
@TheRealBrockNicholson smart = specific, measurable, attractive, realistic, (time)-bound.
In other words, as concrete as possible.
Example: I would like to cover my pension gap of probably €1,000 by the time I retire.
I would like to draw 10% of my income from passive income by my 40th birthday.
I would like to have a portfolio value of 100k / 2 gross annual salaries / etc. by xx.xx.xxxx.
In other words, as concrete as possible.
Example: I would like to cover my pension gap of probably €1,000 by the time I retire.
I would like to draw 10% of my income from passive income by my 40th birthday.
I would like to have a portfolio value of 100k / 2 gross annual salaries / etc. by xx.xx.xxxx.
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