Hi everybody.
I'm building up a portfolio using the approach "#etfsETFs only". I still don't feel confident with single stocks and I don't think stock-picking is the best option for me.
As for now, my asset allocation is the following:
$SPYI (-5.63%) 28%
$C3M (+0.03%) 12%
$MEUD (-5.66%) 10,7%
$GLDA (-2.19%) 10,3%
$EIMI (-4.57%) 9 %
$WITS (-5.74%) 8,7%
$PHPP (-2.65%) 4,3%
I'm going to set $SPYI (-5.63%) +$MEUD (-5.66%) as my core pf , increasing both sizes until they get to 35% and 20% respectively. I don't like bonds in general, so basically I try to decorrelate making use of gold, precious metals and also monetary funds.
What do you think about the whole thing?