Mister_ultra · 2023-12-27T20:48:44.948074Z

Mit meinem China ETF ist damit auch die letzte Sparplanauaführung für dieses Jahr durch - Übrigens eine der Investitionen, die überhaupt nicht lief und läuft. Portfolioupdate zum Dezember 2023 bzw. dem ganzen Jahr 2023 kommt in den nächsten Tagen. Vielleicht auch für einige interessant. Ich habe heute entdeckt, dass man auf Android kostenlos die Copilot App nutzen kann. Es lassen sich damit auch alle möglichen Bilder generieren (mein Highlight bis jetzt war ein Kampf zwischen Pikachu und Darth Vader in Hogwarts 😂). Gerade für die Tage zwischen Weihnachten und Silvester ganz spaßig die KI auf diesem Weg auszuprobieren. Da mein Post ansonsten so wichtig ist wie der berühmte Sack Reis aus China, anbei ein Ki generierter Sack Reis, der mit Münzen jongliert. #etfs #personalstrategy

@Mister_ultra

1Yr·

With my China ETF, the last savings plan execution for this year is now complete - incidentally one of the investments that did not and is not running at all.

Portfolio update for December 2023 and the whole of 2023 will follow in the next few days.

Perhaps also interesting for some. I discovered today that you can use the Copilot app on Android for free. It can also be used to generate all kinds of pictures (my highlight so far was a fight between Pikachu and Darth Vader in Hogwarts 😂).

Especially for the days between Christmas and New Year's Eve, it's fun to try out the AI in this way.

Since my post is otherwise as important as the famous sack of rice from China, here is a Ki generated sack of rice juggling with coins.

#etfs
#personalstrategy

27.12

Invesco MSCI China All Shrs Stk Cnnct ETFAcc

Bought x8.045 at €18.64

€150.00

9 Comments

~ Michael 💎 🏅@Michael-official

1Yr

Do you believe in a massive turnaround in China?
I mean, the ETF has been going down for over 12 months.
I think it's brave of you to hold on to it.

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Epi@Epi

1Yr

@Michael-official I think that precisely because China has done so badly in the last 12 months, the chances are higher than 12 months ago that it will do better in the next 12 months.
Sentiment is poor, share prices are down - actually ideal conditions for a contrarian. If it wasn't a country on the road to totalitarianism...

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NEWT@SteelAnacott

1Yr

@Epi Your last point is the decisive one for me. Xi Jinping is absolutely unpredictable. He sees himself in the same tradition as Mao and is building up an equally large personality cult around himself - even though he and his family suffered under Mao because his father, also a senior CP official, had fallen out of favor. Anyone who has his predecessor (Hu Jintao) taken away on a pretext in front of the entire party at the Communist Party Congress is capable of anything. And that's saying something in China when you look at Mao's atrocities such as "the Great Leap Forward" or the Cultural Revolution.

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Epi@Epi

1Yr

@NEWT1 I agree with you on that. As long as Xi is pushing ahead with his restructuring there, China is out of the question for me as an investment location. And I believe that this should also be the case for every smart investor in the West.

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Epi@Epi

1Yr

Here is the equivalent from Bing/ DallE: https://www.bing.com/images/create/a-sack-of-rice-juggling-coins-on-a-street-of-a-chi/1-658c91ccbd32436e8c8fe0d7cd3db6ca?id=Lhqhfo6zuSS9kc%2FjQZlG4Q%3D%3D&view=detailv2&idpp=genimg&noidpclose=1&form=SYDBIC&ssp=1&darkschemeovr=1&safesearch=moderate&setlang=de&cc=DE&pc=SAADAND

😂

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Mister_ultra@Mister_ultra

1Yr

@Michael-official @NEWT1 @Epi

You've more or less already discussed all the pros and cons 😄

I see it exactly the same way, on the one hand the economic and political problems in China, on the other hand one of the few markets that are really still extremely cheap. Depending on how it develops, it could lose another 50% or gain 100% or 200%.

All in all, I take the following view of China:
- I would actually rule out a 100% loss as with Russia, as China is in a completely different league to Russia (never say never, but in my view not very likely)
- In total, the share held in the China ETF corresponds to approx. 2.5%. 5% of my monthly savings installment flows into this ETF
- Even in the event of a total loss, I could cope with this in both relative and absolute terms
- A crypto share of 5% in the portfolio is often "recommended". In my opinion, China is less risky than Bitcoin and the like from a risk perspective, so I would say the same in relative terms and also hold China up to a maximum of 5%. At 2.5%, however, I'm still a long way from that and don't want to go much higher for the time being

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Epi@Epi

1Yr

@Mister_ultra A 2.5% share is hardly worth mentioning 😉
And to be honest, I probably have a similar share in my GTAA portfolio at the moment. $SPYX has a portfolio share of 50%, which includes 5% China stocks. That also makes 2.5%. Unfortunately, there is no EM SC ETF without China. But the ETF can be removed at any time.

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Sparfuchs@Reinecke

1Yr

I've been thinking about it the whole time. China is far too calculating and plays the game quite well. To be honest, if China is doing badly, it will only be more expensive for the others. When China is doing well, it doesn't get any cheaper, but China is making giant leaps towards becoming a world power.

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NEWT@SteelAnacott

1Yr

@KleinviehmachtMist The problem is that all economic interests are subordinated to one party or even one person in order to maintain power. Entrepreneurs suddenly disappear (Jack Ma), entire industries (gaming) are considered harmful and are strictly regulated. This has a significant impact on the businesses of two of the largest companies in any China ETF. Most investors rightly do not like such a turbulent political environment where money can disappear overnight.
There are reasons why the West is stepping up its involvement in India.

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