Hi everybody.
I'm building up a portfolio using the approach "#etfsETFs only". I still don't feel confident with single stocks and I don't think stock-picking is the best option for me.
As for now, my asset allocation is the following:
$SPYI (-3.82%) 28%
$C3M (+0%) 12%
$MEUD (-2.97%) 10,7%
$GLDA (-2.22%) 10,3%
$EIMI (-0.37%) 9 %
$WITS (-7.09%) 8,7%
$PHPP (-3.73%) 4,3%
I'm going to set $SPYI (-3.82%) +$MEUD (-2.97%) as my core pf , increasing both sizes until they get to 35% and 20% respectively. I don't like bonds in general, so basically I try to decorrelate making use of gold, precious metals and also monetary funds.
What do you think about the whole thing?