Hello
It has been some time since I last shared my portfolio on the platform. Since then, some changes have been made. For example, I dropped the mutual funds at the bank and invested them in $IWDA (-0.45%)
I am 20 years of age and live in Belgium. I study at the University of Ghent and have a student job as a Coast Guard at sea. With this money I am able to invest approximately 300€/month.
The allocation of my investments is preferably 60/40. With 60% in the ETF. I am now on ~54% but also hold a small amount in a mutual fund where I invest with round up money from payments by card.
Apart from this depot I also hold ~25k in cash, and 1.000 euro’s in gold and another 1.000 in silver. I intend to never sell this and let it rest as a partial hedge for difficult times. I also intend to deploy a maximum of 3,5k of the cash amount when opportunities arise or when the stock market drops significantly (-10%). I hold on to this minimal drop of 10% because in the past these corrections have proven to be the most beneficial.
This week I made a change in my Portfolio. I sold Saleforce $CRM (-1.83%) and used the money to buy $GOOGL (-1.12%)
I have made a nice ride upwards with Salesforce but when the multiples climbed to levels at which I expect no significant return anymore, I made the decision to invest in Alphabet. I strongly believe in this company and it is my #quantum bet. They have a large moat and present constant earnings growth.
I have an exposure of ~42% to the IT Sector, considering S&P500 $VUSA (-0.56%) levels of ~38% exposure to technology this is relatively high.
I also hold exposure to the semiconductor branche of ~25%
I would like your input on exposure to tech and semiconductor in times of declining stock markets.
Thanks for reading along!