There's not much to complain about with the core. At most, it is questionable whether this is really your core investment. According to the portfolio overview, it accounts for just 1/4 of your invested capital. The majority is in sector betting ETFs and individual stocks (most with weightings below 1%). I don't know how much capital you have invested in total, but I would guess that these small positions can hardly bring any excess returns due to the high transaction costs. And even if they do, they hardly affect your portfolio - so I would reduce heavily here and put more into the core.
••
@PassiveAggressive Thanks for your feedback! You are absolutely right. The core was added later and is therefore still under construction. I plan to have about 50% in core, 20% each in trend ETF and quality stocks and 10% in commodities. Does that make sense from your point of view? How many stocks do you think make sense?
••
@Julius I personally would weight the core even higher, e.g. with 80%. The remaining 20% in the satellite part I would divide into a maximum of 4-5 positions. Sector bets with ETFs I would leave completely. But this is really personal investment philosophy and here you should find a way that suits you. So instead of giving you blunt suggestions from my point of view, I would suggest you to think about it as follows: Your core yields about 5.2% on the equity side and 2.0% inflation-adjusted return per year on the bond side. (Figures from here, see Table 1: https://gerd-kommer.de/die-rendite-von-direktinvestments-in-wohnimmobilien-besser-verstehen/) And then just ask yourself a few questions, e.g.: - Which investments in your satellite part are you convinced will beat this return in the long run? - How many companies are you willing to track permanently, or how much financial research do you have time for in your spare time?
- In which sector bets do you think you are so smart that you figured it out before everyone else? (Always keep in mind that topics like "AI" are not only seen by you, but by everyone, that's why we talk about a hype and that's why there are already financial products for it!) With this you might be able to answer some questions yourself, because your own decisions are always better - in the end it's your money!
- In which sector bets do you think you are so smart that you figured it out before everyone else? (Always keep in mind that topics like "AI" are not only seen by you, but by everyone, that's why we talk about a hype and that's why there are already financial products for it!) With this you might be able to answer some questions yourself, because your own decisions are always better - in the end it's your money!
••