Hello Daniel, you keep talking about an "all-world", whereas your core is a world. There is already a difference. I would streamline the portfolio even more. Instead of the World + EM, take an All-World, e.g. $VWCE. Then you would have one ETF less and approx. 5% more EM. I wouldn't generally use the DAX and there are certainly better ETF alternatives in the EU. Perhaps even $EXUS would be an alternative in this case. "Defense" ETF would be too heavily weighted for me. I haven't looked at the performance, but it would be too tricky for me. But it could also work out, who knows ☺️. Gold, on the other hand, would be too low for me, personally I would rather aim for a slightly higher weighting, it's more like a drop in the ocean. And I'm not sure whether your ETF/ETC is really tax-free after one year! But the most important thing is that you feel comfortable with your strategy 😊
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@ShrimpTheGimp You are right. Wrong statement on my part. I meant the core should be a world. Sorry. All-World would then be $SPSA, for example. I would really like to leave Defense as it is and just observe it. Gold, there's nothing left of the percentages 😂 ... I'll think about how I can increase that to 10%. I'll take a closer look at your tip regarding Europe. But thanks for your feedback
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