1Mon
I think gold makes sense. The other ETF on the Russell2000 rather less so.
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@Olli68 Thank you. So you think the MSCI is sufficient and the Russel is not a sensible addition?
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1Mon
@Basti1983 If you want to have 40 or 50 positions at some point, then perhaps you could think about it. But you want a lean portfolio. The MSCI World or an All World should be enough.
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•1Mon
@Olli68 And with regard to gold, you should choose the right one, which can be sold tax-free after 1 year. Unfortunately, I don't know whether this is the case with yours.
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@Olli68 Good advice, I hadn't looked into this before. But an important point
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1Mon
@Basti1983 $EWG2 and $4GLD are tax-free in Germany after 1 year. I am not aware of any others.
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•@Olli68 That's right, I've just looked them up too. I think that makes a lot more sense. Many thanks for your help
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@Olli68 the russell 2000 or small cap ETF is a very good addition as these are hardly represented in the MSCI world. I myself find the $WSML better as it doesn't just cover us stocks and you already have a large us share in the MSCI world. Due to lower interest rates, these will have more performance and are scientifically a sensible addition according to the studies of Gerd Kommer & Dr. Andreas Beck, among others. But this should remain below 15% as there is more vola and risk, for me the core is 85% ACWI & 15% small cap. If you want more performance, definitely the small cap & gold, well, it is at its peak and will fall again due to lower interest rates and is generally known as a dead stock.
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@Derspekulant1 Thank you. Great explanation. That will help me in any case. And thanks for your alternative tip, I'll take a look.
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@Basti1983 You're welcome, the 85\15 approach is also from Dr. Andreas Beck's e-book Successful Scientific Investing. You also have EM in there (albeit less than a few years ago).
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1Mon
@Derspekulant1 As I said, I am not a fan of small-cap ETFs. Especially not if they are intended for a lean portfolio with few positions.
You keep reading about falling interest rates. On the other hand, small-cap ETFs have never beaten the major indices over several years. And they have always been the biggest losers in major setbacks or crashes.
But as I said, that's just my opinion.
You keep reading about falling interest rates. On the other hand, small-cap ETFs have never beaten the major indices over several years. And they have always been the biggest losers in major setbacks or crashes.
But as I said, that's just my opinion.
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