4D·

Portfolio restructuring is moving forward in small steps 👍🏼

Anyone who’s been following my posts probably already knows this. I want to gradually make my portfolio more crisis-resistant and position myself for FIRE in the medium term. That means: less risk and less volatility, and achieving financial independence in the long run... that’s the plan! 😊

My goal: To invest 2/3 of my portfolio in the Vanguard FTSE All-World ETF . This way, I’ll be focusing more on broad diversification rather than individual stocks in the future.

The first €16,000 has already been invested over the past few weeks, and the monthly savings plan of €500 has just been executed.

However, I still have a long way to go before I reach my goal. But Rome wasn’t built in a day either! 💪

15.10

Vanguard FTSE All-World ETF

Bought x3.002 at €165.28

€496.17

19 Comments

NichtRelevant@NichtRelevant

It's boring, but it works.

Starting next year, I'm also going to stop buying new individual stocks for my portfolio. From then on, it'll be strictly a savings plan and dividends in a global ETF—and that's it.

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emppsb@emppsb

@NichtRelevant welcome to the club, but we have to buy at least one or two individuals eheh

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NichtRelevant@NichtRelevant

@emppsb It's like an addiction... 😅

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emppsb@emppsb

@NichtRelevant ive 2 stocks right now , one slot left the rest is core etf

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NichtRelevant@NichtRelevant

@emppsb haha. The usual attempt to be discipined. 😉

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emppsb@emppsb

@NichtRelevant true, im 90% disciplined not bad in the end, yesterday I bought $IREN and $NBIS ahah

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emppsb@emppsb

A no brainer 👌

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Wealth-Accelerator@Wealth-Accelerator

You forgot a zero in the 5,000 😉😋😂
Like 👍🏼👍🏼

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Part_Time_Joe@Part_Time_Joe

@Wealth-Accelerator I wish that were the case, but my salary wouldn't cover it 😂

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Stefan Schmid@Paladium

It’s actually a no-brainer… but
The ETF is about 72% U.S.
Of those, the largest ones are all in the AI business.
1. NVIDIA
2. Apple
3. Alphabet (Google)
4. Microsoft
5. SpaceX / xAI
6. Meta Platforms
7. Tesla
8. Broadcom
9. Palantir

If AI takes a hit, your ETF will also drop by a good 22%...

Buuuut... The ETF is stable because it also covers the rest.
I’m invested in the $VT and I’m also taking on the risk because I believe in AI and that it will prevail...
There’s too much money in it to just set it aside and look for a new, trendy topic.

So... Yeah, why not?

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Part_Time_Joe@Part_Time_Joe

@Paladium That's true. Of course, you won't come out of this completely unscathed. But a 20% loss would still be bearable for me... at least psychologically speaking :D

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dividend_hunter_2229@dividend_hunter_2229

I'd rather go with all caps—it's cheaper, and then you really have the whole world at your fingertips.

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Part_Time_Joe@Part_Time_Joe

@dividend_hunter_2229 Is that from Vanguard, too? Or what exactly is the difference? For me, the only important thing was not to choose the S&P 500...

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dividend_hunter_2229@dividend_hunter_2229

@Part_Time_Joe The Vanguard FTSE Global All-Cap is better than the All-World because it offers the maximum level of scientific risk diversification: It covers about 99% of the global market, as it includes not only large corporations but also 10% small-cap companies.
At the same time, with a 0.07% TER, it’s only half as expensive as Vanguard’s own FTSE All-World (0.14% TER). So you get more value for less money—and thus a more comprehensive package for your portfolio.

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Part_Time_Joe@Part_Time_Joe

@dividend_hunter_2229 I'll check it out right away! Thanks :)

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Part_Time_Joe@Part_Time_Joe

@dividend_hunter_2229 I changed it right away! The 16k will stay there for now, but in the future, I'll avoid using all caps! 👍🏼

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dividend_hunter_2229@dividend_hunter_2229

@Part_Time_Joe Good decision 👍

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Solitair@Solitair

But that’s going to be a long road. If I remember correctly, you have about half a million in gold and mining stocks, right? How are you handling the tax implications of rebalancing your portfolio? Or are you just planning to invest future funds in ETFs?
I’d love to have a 1–2 ETF portfolio myself instead of my hoarder’s collection, but I don’t necessarily want to pay 100k in taxes for it.

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Part_Time_Joe@Part_Time_Joe

@Solitair I'm actually planning for 3 years (+/- one year). I'll start with the time deposits. Over the course of 12 months, about 250k will become available, which I'll then invest in an ETF. On top of that, I’ll add a portion of my ongoing income—that is, I plan to put about 50% of all funds freed up through sales into ETFs, while the rest will remain in or continue to be invested in individual stocks. And, of course, the 1,000-euro monthly savings plan—but that’s not going to make a huge difference… 😉

The issue with taxes on mining stocks. Well, unfortunately, I probably won’t be able to avoid that. I don’t plan to reduce the positions to zero, but I will, of course, scale them back. As things stand now, there’s about 150k in tax liability that I’d have to mentally subtract from my portfolio value...

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