Hey,
I like your idea of building a diversified portfolio and I can see that thought about your strategy and don't want to invest in something you don't understand. 🚀
My only recommendation would be to focus on a small amount of invests. I personally would skip the $CSNDX and the $XRS2 as well as the $SMH ETFs because your World-ETF already covers a large piece of the US industry (around 70% according to the allocation). If you would invest in other US focused stock you would make yourself dependent which is not what you want when investing diversified. 😎
My Tip - just try to diversify your portfolio, focus on a few but stable invests and try to keep it simple - with this you will have the best results while using only a small piece of your time per day/week! ⏰
Hope this helps! 😄
(Don't mind my english - I'm not a native speaker 😅)
I like your idea of building a diversified portfolio and I can see that thought about your strategy and don't want to invest in something you don't understand. 🚀
My only recommendation would be to focus on a small amount of invests. I personally would skip the $CSNDX and the $XRS2 as well as the $SMH ETFs because your World-ETF already covers a large piece of the US industry (around 70% according to the allocation). If you would invest in other US focused stock you would make yourself dependent which is not what you want when investing diversified. 😎
My Tip - just try to diversify your portfolio, focus on a few but stable invests and try to keep it simple - with this you will have the best results while using only a small piece of your time per day/week! ⏰
Hope this helps! 😄
(Don't mind my english - I'm not a native speaker 😅)
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@batic420 Thanks a lot for your response :). I will consider your suggestion, I could probably sell those ETF's and reassign them to the others. Less is more. What percentages would you recommend in that case?
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@kevinvig7 mmh difficult question to be honest... 😅
I'm currently also in the process of setting up my whole portfolio and I'm also thinking about adding a Emerging Markets or Europe ETF to my portfolio via savings plan. 😄
I think this depends a lot on how independent you want to be.
For your needs maybe a Core Satellite Strategy would be a solid base. It can also be used with ETFs so good for diversification. Here you have a ratio of 70-80% for your core and 30-20% for your satellites. 🛰️
In your case the core would be your World-ETF and satellites could be an Emerging Markets ETF. 😎
I'm currently also in the process of setting up my whole portfolio and I'm also thinking about adding a Emerging Markets or Europe ETF to my portfolio via savings plan. 😄
I think this depends a lot on how independent you want to be.
For your needs maybe a Core Satellite Strategy would be a solid base. It can also be used with ETFs so good for diversification. Here you have a ratio of 70-80% for your core and 30-20% for your satellites. 🛰️
In your case the core would be your World-ETF and satellites could be an Emerging Markets ETF. 😎
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