5D·

Roast my concept...

...you have all become my most valuable advisors here. Every day you prove to me that you enjoy investing and know your stuff.

I am satisfied with my portfolio, but it is too complicated and could be simplified. That's why I'm toying with a new concept until December 2026.

My current portfolio should be streamlined by then and follow a clear long-term line. The tax burden would be devastatingly low in the event of a partial sale if gains and losses are offset against each other.

You are welcome to evaluate, root for, criticize or whatever you like about the future concept here and now 😄

The plan looks like this:

41% of the portfolio size should henceforth $IWDA (+0.05%) be

10% $XMME (+0.63%)

10% $WSML (+0.09%)

8,5% $GGRP (-0.02%)

8,5% $TDIV (-0.18%)

7% $CSPX (-0.04%)

5% $BTC (+0.14%)

5% $EWG2 (+1.36%)

5% $XEON (-0%)

I would sell the FTSE, the other dividend ETFs and the individual stocks. This should reduce the TER slightly and with 9 total positions it would probably not only be clearer but also yield-optimized at best.

I look forward to your opinions on this.

Thanks as always, good returns to you all and best regards

_EvD_ 😊

18Positions

€244,548.04

24.85%

43 Comments

CrashBurner@Psychedelic_Sunflower

So if you want a new concept, leave out all the ETFs and put everything that concerns equities into an ACWI. Then add Bitcoin and gold with at least 15% each and the thing will fly.

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Epi@Epi

@Psychedelic_Sunflower That's almost the epi portfolio! 😊
60% ACWI, 30% gold, 10% BTC.

Gold and BTC should be roughly equally weighted in terms of volatility to keep fluctuations in check.

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Tobi@Tobiwankenobi500

@Epi can you explain your decision to me $ACWI VS. $VWRL

LG

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Epi@Epi

@Tobiwankenobi500 It's not a dogmatic decision. That's not what matters. Take what you like better and is cheaper. 👍

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Tobi@Tobiwankenobi500

@Epi am already in with a savings plan - true to the motto "fire and forget"

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Epi@Epi

@Tobiwankenobi500 Depending on how long you've been in the stock market, I can almost guarantee that you won't forget ACWI -50%. 😅
The 6%pa is hard-earned money.

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Simon_n@Simon_n

@Epi What do you think of $BOLD, or at least the underlying index, with regard to gold & BTC? Monthly rebalancing based on inverse volatility sounds very sensible in itself, and the ETF does the work for you for 0.65% pa

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Epi@Epi

@Simon_n Be careful with this part!
I had the same idea at first. Then I realized that the part is subject to your income tax. In comparison: $EWG2 and $BTC cost nothing after 1 year of holding. And you can do the little bit of rebalancing once a year in 5 minutes.

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Tobi@Tobiwankenobi500

@Epi What do you think?

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Epi@Epi

@Tobiwankenobi500 What don't you understand?

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Tobi@Tobiwankenobi500

@Epi How did you come up with the -50%?

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View all 20 further answers

Olli@Olli68

I would take a EUR-hedged world ETF. The weakness of the dollar will continue.

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Epi@Epi

How are we supposed to advise you if you don't even know your return targets, time horizons, risk aversion, stock market knowledge and willingness to work? We can only guess... 🤷

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_EvD_@_EvD_

@Epi You're absolutely right. Half of it was missing. The portfolio simply serves to build up assets. I'm 41 years old - I've been planning for more than 20 years so far. I've been reading up on it for a few days now. So far I have always bought and held, never sold. However, I have now been repeatedly told that my portfolio is complicated, will not achieve an excess return and could be structured much more simply and sensibly. The following concept was repeatedly recommended in order to optimize the future and improve diversification: 49% IWDA, 20% GGRP, 12% WSML, 12% XMME and 7% World Value Factor ETF. Sell everything else and use it for portfolio adjustment. It sounds coherent, at least to me. But you guys are just so much stronger in it and have a fantastic feel for the matter. That's why I always take your feedback very seriously and then try to harmonize it with my impulses. 😄🙂

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Epi@Epi

@_EvD_ Well, basically I can understand your goal and your concern, but - sorry for the direct statement - the way you're going about it, it's more likely to be a matter of luck.

It's as if I set off on a boat from the harbor and answer the question about the destination: a beautiful area. And then I list all the gimmicks on my boat that my friends have recommended: Outboard motor, solar deck, etc. You would probably wrinkle your nose and wish me good luck.

So: either you approach the matter systematically and formulate clear goals and corresponding strategies or you leave it to chance. It just depends on how important it is to you.

By the way, a handful of years ago I was in pretty much exactly the same position as you. In the meantime, my depot earns me a second salary. 🤷

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_EvD_@_EvD_

@Epi This is exactly the kind of feedback I love. I'm enthusiastic about investing and the subject matter, but I simply lack sufficient core competence - many people are simply much better at it. However, my idea behind the new concept has a concrete background - I simply had to admit (once again) that the original idea is not really well-rounded and consistent. My overall return so far is not too bad, but the chaotic jumble of different approaches partly cancels each other out and simply doesn't work together coherently. It's a bit of a mixed bag and fortunately I haven't fallen flat on my face. The new approach (I accidentally mentioned the wrong one) may not be the reinvention of the wheel, but it makes a lot more sense to me. Despite the IWDA / GGRP overlap, I invest broadly and cover the entire market in what I think is a good composition. The GGRP (despite somewhat weak returns) can then (again) utilize the tax-free amount in the medium term (in case the advance tax is not paid again at some point), etc. The quality / div growth and growth approach should never get old or go out of fashion. I have time, can sit out losses without breaking a sweat and see this reorganization as the simple key to continuing it with stoic calm over a long period of time. And I am confident that there are no serious errors in my thinking here 😄

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Marco@Marco-VI

Oh dear, I'm so tired, I confused you with @Simpson for a moment and was shocked to see your post limiting you to 9 positions😆😂

I wouldn't change too much, it's doing well on the whole and you would be paying unnecessary taxes, Microsoft is a self runner for me personally and you get less capital out of it through taxes than it's worth just to put it into an etf, which has microsoft as one of the biggest positions and buy it back in.

What is your goal? Do you want to spend less time on the stock market? Then of course it makes sense to liquidate individual positions.

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Kai@Dividenden-Sammler

$IWDA and $CSPX together - what's the point? And then the $XMME? If I were you, I would take the $VWRL or $VWCE instead of the 3 ETFs and you would actually have the same thing. You can leave the rest as it is.
If you want it even more compact, you can also use a $SPYY or $ACWI (or similar) for $IWDA, $XMME, $WSML and $CSPX. In my opinion, you have a lot of potential for improvement with the ETFs. Or did you choose the variant based on your accumulated profits and the tax burden?

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_EvD_@_EvD_

@Dividenden-Sammler Thank you for the quick reply. The initial "turnip and cabbage" impression is due to my buy and hold approach. The CSPX is now 85% profitable, so it remains. Although this increases the overall US share, it is still within reason. The same applies to the IWDA - the IWDA / EM / Small Cap on its own is 70/15/15. Together with the dividend satellite as a 20% admixture, these crooked figures come out if the value share is to be 85% of the total portfolio value. So my long-term approach is actually Core - Satellite 80 Value Growth + 20 Dividend. Cash / gold / BTC as diversification and security (gold/cash) or risk element (BTC)

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Max@Divident_e

Too many ETFs with the same content

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Maximilian@Max095

Hey, I think your portfolio is very strong. 😊How old are you? Why don't you invest more in dividends?

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beardonfire@beardonfire

I like your current portfolio, why do you want to change it at all?

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Arthur@NasdaqNinja

16H

It’s worth choosing LU1190417599 over LU0290358497: both track the same index and have identical costs, but thanks to daily compounding, the Amundi Smart Overnight Return UCITS ETF Acc delivers higher returns.

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