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0.39% in gold seems a little too low to me; I would definitely increase that to 5–7% of the portfolio. In exchange, I would completely cut out crypto.
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@Crash-Propheteus In my opinion, Bitcoin could become an alternative to gold in the long term. So I'm sticking to my savings plan.
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@MozartsGeist Congratulations—everyone has their own opinion 🙃
@MozartsGeist But your goal would be to reach 5% in BTC?
In general, I’d consider whether ETF/ETC positions below 5% are really necessary.
They don’t really contribute to the portfolio’s diversification anyway. And as for capital gains, there would have to be an increase of over 50% for you to even notice it (anything <=1%—even 100+%)
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@DEW_7240 Thanks for the food for thought. I’ll continue to add to my smaller positions (as long as I’m confident in them) during pullbacks and depending on my financial situation.
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@MozartsGeist Why are you even asking here in the community if you've already figured everything out for yourself?
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@Crash-Propheteus You shared your thoughts on Bitcoin and gold. What concerns me more is whether—and to what extent—I should partially divest myself of my TEC positions.
@MozartsGeist Get rid of them all. Stop messing around with individual stocks.
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@Gehebeltes-EFH Thank you. I understand your approach! If I were just starting out, I’d seriously consider building a portfolio primarily with ETFs. Making a radical switch now would actually trigger a significant five-figure tax bill. I am actually thinking about rebalancing my portfolio a bit, but your suggestion seems a bit too drastic to me.
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@Crash-Propheteus in my opinion is really complicated, I appreciate reits crypto gold diversification but I don’t understand the stock picking, like an ACWI IMI probably whit an extra hang seng/ em exposure can do it whit less work
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@asset_whisperer_1906 So what’s your résumé: selling all single stocks, in consequence putting the money into etf ?
That is boring and means catastrophic tax-nightmare !