We sold our entire BlackRock position - with a profit of just under 💰 +€3,500.
Not out of fear.
Not because of panic.
But because of strategy.
The entire capital flowed directly into our EM ETF🌏: $XEMD (+0.99%)
Why?
Because BlackRock was already massively represented via our ETFs and we deliberately
📉 reduce the US weighting
📉 defuse the financial sector somewhat
📈 to build up emerging markets more strongly in the long term.
Despite our large portfolio, our real EM allocation is currently only around 10-11%.
In the long term, we want to move towards 20 %.
In concrete terms that means:
🌏 more global balance
🌏 more future markets
🌏 broader diversification
BlackRock will nevertheless remain indirectly in the portfolio via our ETFs 😄
Only much more sensibly weighted.
Sometimes asset accumulation doesn't just mean "holding".
It means strategically realigning capital. 🔥
