5Mon·

Portfolio presentation

I'm 19 and a student, so I don't have much income at the moment.

Last week I sold my $XDWD (-0.73%) last week to reduce my USA share, as I assume that the USA will lose its supremacy, which will benefit the EU. (Hence the Dax and Greece etf).

On the watchlist are (and will probably be bought in a crash)

$PNG (-0.99%)
$EWI (-0.64%)
$EIN3 (+3.9%)
$FUR (-0.44%) (was already in the portfolio) and $SY1 (-0.58%)

5 Comments

5Mon

You are young. Of course you can take more risk, but I don't like this portfolio at all 🙈 da etf... Greece etf... Why not a global etf? Asia etf? USA etf? Europe etf?
The shares are very risky and a lot of gambling.
What exactly is and y?

Why not a europe etf if you think europe will be stronger?
Why not a world etf where the USA is automatically reduced if it underperforms?
What is your goal?

•

Shrimpman@Shrimpman

5Mon

@Snopy Because I think that Germany and Greece are the best performers in the eurozone. X and Y are antiques (registered 20% below market price)

•

MrSchnitzel@MrSchnitzel

5Mon

@Shrimpman Do me a favor and don't do that, you will leave a lot of returns behind. Why do you believe in the Dax and Greece? Why should that change? The USA has always survived every crisis so far and that's where the best companies are, or can another company replace Microsoft etc.? In addition, many companies there are also international.
Your individual gambler stocks are not my cup of tea either... look for strong companies that are fundamentally strong and have high potential and innovation.
Please rethink your strategy, it's well-intentioned advice.

•

Shrimpman@Shrimpman

5Mon

@MrSchnitzel My individual stocks fulfill exactly these criteria. The US has survived all crises so far because the USD was the reserve currency and therefore had more tools to deal with the crisis. The BBB only strengthened companies like $CACI and at the same time weakened the consumer, which is bad for the rest of the economy. The rising interest rates for the government in combination with the new debt will boost the market in the short term (which we won't notice because of the USD devaluation) but will have catastrophic consequences in the long term.

••

Shrimpman@Shrimpman

5Mon

@MrSchnitzel The euro will be used more internationally and since Germany is the most important country in the EU (economically), we will benefit the most. I have included Greece as a rebound play.

••