Hello, why so many ETFs? (19 if I haven't lost count)
4% performance in a year in which, for example, a world ETF made 27%. Are you really satisfied?
4% performance in a year in which, for example, a world ETF made 27%. Are you really satisfied?
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@Meikl_22
Hi. 👋🏻
I don't think you've lost count. I can't even really tell you that. But you always read that you should diversify. But I probably overdid it a bit.
4% performance may not sound like much. But you have to add to that the approx. 3.5% from dividends and then I don't think it's so bad. Of course it could always be better.
I am also aware that some people find it very low. Of course, I could invest 60-80% in a world ETF. I have already read up on this.
I've already picked out one that I'm going to add to my portfolio tomorrow. ($HMWO)
What is your opinion on this?
I'm still in the discovery phase at the moment and will be changing the portfolio in the near future.
Hi. 👋🏻
I don't think you've lost count. I can't even really tell you that. But you always read that you should diversify. But I probably overdid it a bit.
4% performance may not sound like much. But you have to add to that the approx. 3.5% from dividends and then I don't think it's so bad. Of course it could always be better.
I am also aware that some people find it very low. Of course, I could invest 60-80% in a world ETF. I have already read up on this.
I've already picked out one that I'm going to add to my portfolio tomorrow. ($HMWO)
What is your opinion on this?
I'm still in the discovery phase at the moment and will be changing the portfolio in the near future.
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@_ake_ So with a broadly diversified world ETF such as the MSCI World, FTSE Allworld or an ACWI, you are more than sufficiently diversified and all with just one ETF. More is not possible. In my opinion, you can also include an S&P500 ETF. Pick one of these, make it the largest position in your portfolio and that's it in terms of diversification in your portfolio.
The $HMWO is good - concentrate on it and clear up your ETF clutter.
The $HMWO is good - concentrate on it and clear up your ETF clutter.
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•Diversify, yes. But I doubt that you can diversify better with the amount of ETFs that you can with one...
The $HMWO is distributing and similar to the $IWDA (which is accumulating).
You can do that, of course.
Maybe it's also something for you if you want it to be distributing - A1JX52.
What are you planning to do with the rest?
I would keep it as simple as possible. Less is more and maybe the 8th wonder of the world (Albert Einstein) will tell you something... 😉
The $HMWO is distributing and similar to the $IWDA (which is accumulating).
You can do that, of course.
Maybe it's also something for you if you want it to be distributing - A1JX52.
What are you planning to do with the rest?
I would keep it as simple as possible. Less is more and maybe the 8th wonder of the world (Albert Einstein) will tell you something... 😉
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•@Dividenden-Sammler
Thanks for your tip! 👌🏻👍🏻
I really will sit down over the next few days and look into it. I would like to leave the proportion of shares unchanged. Starting tomorrow, I'll be adding two more dividend stocks to the portfolio. ($FNTN & $HTGC)
Then I will keep the proportion of shares for the time being.
Then I would remove all duplicate ETFs from the portfolio. But first I have to get an overview.
Thanks for your tip! 👌🏻👍🏻
I really will sit down over the next few days and look into it. I would like to leave the proportion of shares unchanged. Starting tomorrow, I'll be adding two more dividend stocks to the portfolio. ($FNTN & $HTGC)
Then I will keep the proportion of shares for the time being.
Then I would remove all duplicate ETFs from the portfolio. But first I have to get an overview.
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•@Meikl_22
I already realize, and I was almost aware of it, that I simply own too many ETFs. 😂
I'll start by looking at which ETFs I can take out of the portfolio. You're right that I own some ETFs that are duplicated in the portfolio.
As I said, I would like to leave the proportion of shares as it is.
I agree with you there. Often less really is more. 😂
I already realize, and I was almost aware of it, that I simply own too many ETFs. 😂
I'll start by looking at which ETFs I can take out of the portfolio. You're right that I own some ETFs that are duplicated in the portfolio.
As I said, I would like to leave the proportion of shares as it is.
I agree with you there. Often less really is more. 😂
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@_ake_ Yes, you should never lose sight of the big picture. That's why you should keep your portfolio as simple as possible. Especially with ETFs, less is always more. You don't need duplications. A maximum of 3 ETFs is actually quite sufficient. If you have more, you run the risk of increasing duplication among the ETFs and that won't add anything to your success.
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•@Dividenden-Sammler Absolut! 👍🏻
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@Dividenden-Sammler
Great, then that's what I'll do.
Thank you very much! ☺️
Great, then that's what I'll do.
Thank you very much! ☺️
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Look at your overlaps and see what you don't like about them.
Take an All World or possibly a World+EM and then, if you like it more, add a dividend ETF.
For your conscience, it would also be possible to choose all 3 as distributing funds.
Liquidate all the others and put them in the ETF.
That would be my approach now.
Give it some thought and then get started, otherwise you'll get bogged down.
Take an All World or possibly a World+EM and then, if you like it more, add a dividend ETF.
For your conscience, it would also be possible to choose all 3 as distributing funds.
Liquidate all the others and put them in the ETF.
That would be my approach now.
Give it some thought and then get started, otherwise you'll get bogged down.
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•@DADlikesCRYPTO
So you agree with the previous speakers. 👍🏻👌🏻 That's very good and I can work well with that. I will do this in the next few days.
I think JustETF even has a tool that shows the overlap. I'll have a look at that too.
So you agree with the previous speakers. 👍🏻👌🏻 That's very good and I can work well with that. I will do this in the next few days.
I think JustETF even has a tool that shows the overlap. I'll have a look at that too.
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