2D·

The supermarkets reopen

$NVDA (+3.03%) is marching steadily towards the 80 euro mark again, and the market is twitching again.

It's just stupid that the tax assessment notice came in last week - okay, I've been waiting for it for weeks. The bad news: the tax authorities want around 100k from me. The good news: I thought it would be 120k. From that perspective ...

My last additional purchase was at just under 80 euros, if I remember correctly. I could imagine that we'll see that again. Then I would probably add a few more K.

I wish everyone here tonight a fun fairytale show and a successful week in the (super)markets.

18 Comments

Ph1l1pp@Ph1l1pp

Constructive tip for your portfolio: include something to reduce drawdowns.

60% growth (sector ETFs such as consumer, health, tech or S&P500)

20% gold

20% government bond ETF (20+ years)

Edit on performance after backtests: Outperformed the S&P500 slightly since 1998 with more stability and diversification at the same time

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Tenbagger2024@Tenbagger2024

@Ph1l1pp
Do you think it is still worth investing in gold or mines? With a turnaround on the stock markets, gold could also fall again.
What do you think?

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Ph1l1pp@Ph1l1pp

@Tenbagger2024 Even if gold looks topped, it depends on who is buying. At the moment, it looks as if China in particular is buying during the Asia session.

The situation regarding the tariffs is not easing either, even with Japan no deal can be reached. Even then, these only make up a fraction and Japan is actually regarded as a "close ally".

I therefore see gold as a means of countering the uncertainty of the next few years, but would be reluctant to get in at $3500.

Maybe I'll write a post about the results of the backtest in the next few days. I'm actually currently considering restructuring my longterm portfolio accordingly

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Tenbagger2024@Tenbagger2024

@Ph1l1pp
I'm thinking about going into a gold miner ETF. I still see potential in the miners. I assume that China is shifting from US bonds into gold. The question is how long this will last

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Ph1l1pp@Ph1l1pp

@Tenbagger2024 China is already doing this. I have no opinion on gold miners.

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Charmin@Charmin

@Ph1l1pp I am diversified in other ways: Real estate, private equity, my own company ... yes, the lump thing with NVIDIA is certainly not so clever, but mei - call me "Rex Kramer - danger seeker"!

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Ph1l1pp@Ph1l1pp

@Charmin I don't think it's necessarily diversified.

Both RE and PE are heavily dependent on the macroeconomic environment.

As long as you're happy, it's all good. You have very little to protect you from the downside and big drawdowns

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Novius@Novius

@Ph1l1pp Health is also not safe from massive drawdowns, if you also mean MedTech. Or are you thinking more of Health Insurance?

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Ph1l1pp@Ph1l1pp

@Novius Health care and yes, I am aware of that, which is why I would weight gold and 20+ year government bonds at 20% each

The sector ETFs in the portfolio are for growth.

Upside, through the best performing sectors (tech, health, consumer) and downside risk hedging through gold and bonds

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Charmin@Charmin

@Ph1l1pp I think I'm quite well positioned in this respect. I also don't see what influence the stock market has on rental prices, for example, in areas with a tight rental market.

In the last 10 years at least, I haven't noticed any correlation.

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Novius@Novius

@Ph1l1pp why $TLT?

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