3Mon·

Diversify with few shares

In my opinion, you can diversify at these levels:

Local (by headquarters, by turnover)

By currency

By industry

By company size (influences volatility)

I try to have as little overlap as possible in several areas in order to keep my portfolio robust.

Example:

$DRO (-10.52%) and $PARRO (-0.65%) : Similar industry, so both are driven by the same news, but have different locations and currencies.

$CACI (+0%) Also has some correlation with the two, but is mainly dependent on the movements of the US military.

$8001 (-0.4%) As a boring anchor

$SL (-0.61%) As a "real" luxury play to profit from rising inequality and to have more euro/Italy in the portfolio.

$GRE (-2.08%) Because I see great potential in Greece, see old post

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11 Comments

3Mon

https://youtu.be/RGxhve3D03c?si=y8hOVftUqKT77AIL

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Rick Moyer@Rick

3Mon

Unfortunately, $GRE has virtually nothing to do with Greece.

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Shrimpman@Shrimpman

3Mon

@Rick Yes, it is synthetic

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Rick Moyer@Rick

3Mon

@Shrimpman unfortunately ;)

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Shrimpman@Shrimpman

3Mon

@Rick unfortunately only available like this, would also have preferred a normal

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Rick Moyer@Rick

3Mon

@Shrimpman You take what you get. But there are some really cool stocks in the ETF.

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Cryingbagger@Cryingbagger

1Mon

Do you think the entry at $SL is currently attractive? Thank you

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Shrimpman@Shrimpman

1Mon

@Cryingbagger I would like to buy more, but I am currently building up equity as I want to buy a property after my studies

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Cryingbagger@Cryingbagger

1Mon

@Shrimpman I see
But if you had cash you would also buy first, wouldn't you? I'm really thinking about going in

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Shrimpman@Shrimpman

1Mon

@Cryingbagger My investment case is that even if the economy is bad, someone will always get rich, from which SL will benefit because they are a "real" luxury stock. The figures are solid and in my opinion attractively valued, but it's best to take another look yourself 👍

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Cryingbagger@Cryingbagger

1Mon

@Shrimpman all clear
I have to think about whether it is a long-term investment

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