5Mon
Why didn't you restructure early enough? đ
No, you're one of the longer-term investors. It was more the macro and momentum investors who reallocated.
I would rather ask you why you don't diversify your strategies?
No, you're one of the longer-term investors. It was more the macro and momentum investors who reallocated.
I would rather ask you why you don't diversify your strategies?
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@Epi
You mean why I don't go into other assets like gold and bonds?
I have Bitcoin, but since it has also developed negatively, I am also slightly in the red here. I think I will buy more here in the next few days.
Gold had simply done too well for me.
(You're always wiser afterwards).
But I think that with rising stock markets gold will also fall again. And it probably makes little sense to get in now.
Perhaps a gold mining ETF?
What do you think?
You mean why I don't go into other assets like gold and bonds?
I have Bitcoin, but since it has also developed negatively, I am also slightly in the red here. I think I will buy more here in the next few days.
Gold had simply done too well for me.
(You're always wiser afterwards).
But I think that with rising stock markets gold will also fall again. And it probably makes little sense to get in now.
Perhaps a gold mining ETF?
What do you think?
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â˘5Mon
@Tenbagger2024 I am currently holding back (1/3 cash). The gold/gold mining shares are keeping my portfolio well afloat, but I would also wait for a setback before making a new entry. I find silver very interesting at the moment. I expect a significant rise soon.
But I wasn't actually talking about alternative assets, but alternative strategies. You are investing all your capital in the same strategy (B&H&Check Growth). In strong bear markets, this can mean significant stress for the portfolio (up to -80%). Diversifying a certain part of the portfolio into other strategies, e.g. Momentum, GTAA, Spytips, can significantly reduce the drawdown.
But I wasn't actually talking about alternative assets, but alternative strategies. You are investing all your capital in the same strategy (B&H&Check Growth). In strong bear markets, this can mean significant stress for the portfolio (up to -80%). Diversifying a certain part of the portfolio into other strategies, e.g. Momentum, GTAA, Spytips, can significantly reduce the drawdown.
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â˘@Epi
Yes, my dear, perhaps that makes sense. I'm already betting quite heavily on growth stocks, which are naturally punished the most in a bear market. Especially tech stocks. But since bull markets predominate over a period of 10-20 years, it should pay off in the end. And bear markets should be used to buy more. And in the long term, I think that growth stocks will perform better. Growth keeps PEG and P/E ratios attractive and allows share prices to rise. I also like to look for a high and increasing EbiT margin. One mistake was that I got in too high on some stocks. Patience is now required here.
Yes, my dear, perhaps that makes sense. I'm already betting quite heavily on growth stocks, which are naturally punished the most in a bear market. Especially tech stocks. But since bull markets predominate over a period of 10-20 years, it should pay off in the end. And bear markets should be used to buy more. And in the long term, I think that growth stocks will perform better. Growth keeps PEG and P/E ratios attractive and allows share prices to rise. I also like to look for a high and increasing EbiT margin. One mistake was that I got in too high on some stocks. Patience is now required here.
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â˘5Mon
@Tenbagger2024 Strategy diversification does not mean turning away from growth stocks. You could continue to bet on it, just with a different strategy, e.g. one that avoids the brutal tech bear markets but enters bull markets all the more aggressively.
A large proportion of strategies actually only try to reduce the drawdown.
A large proportion of strategies actually only try to reduce the drawdown.
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â˘@Epi
Yes, good . With ETFS you can restructure your portfolio very quickly. But with a large number of individual stocks, it's a challenge. So close your eyes and go for it.
I see less of a problem with quality companies in the long term.
Yes, good . With ETFS you can restructure your portfolio very quickly. But with a large number of individual stocks, it's a challenge. So close your eyes and go for it.
I see less of a problem with quality companies in the long term.
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5Mon
@Tenbagger2024 There are Nasdaq100-based dual momentum strategies where you switch 1-2 stocks per month. I think that's reasonable. Combined with a savings plan, it becomes even more manageable.
1/3 each of B&H Tech, B&H Quality and Dual Momentum Tech should bring a lot of calm to the portfolio without having to sacrifice significant long-term returns.
1/3 each of B&H Tech, B&H Quality and Dual Momentum Tech should bring a lot of calm to the portfolio without having to sacrifice significant long-term returns.
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â˘@Epi
Sounds interesting. How is your performance looking? Why don't you take part in the challenge?
Sounds interesting. How is your performance looking? Why don't you take part in the challenge?
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â˘5Mon
@Tenbagger2024 I'd rather not. The last two times I opened my portfolios for viewing, I was badly insulted. Many people don't understand that my portfolios are just snapshots that could look completely different next month.
If anything, a YTD performance chart would say something about the interplay of my strategies in these wild times. But unfortunately the charts don't match reality because Getquin can't cope with mapping the shifts.
If anything, a YTD performance chart would say something about the interplay of my strategies in these wild times. But unfortunately the charts don't match reality because Getquin can't cope with mapping the shifts.
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â˘@Epi
Oh dear, why? Constructive criticism is okay. But insulting is not.
Oh dear, why? Constructive criticism is okay. But insulting is not.
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5Mon
@Tenbagger2024 Well, they went something like this: - -What are you talking about diversification and you only have 3 ETFs?
Or like this:
-What are you criticizing my B&H Core Satellite strategy for? You have two stocks in the red yourself!
Or like this:
- Look at your portfolio, you have no idea yourself.
Oh no, you don't have to.
But for you: my overall portfolio is up just under +5% YTD. Mainly because of gold.
April is going well so far because I have shifted almost all other RiskOnAssets into the money market. Apart from gold and some silver, only the 3xEurostoxx in 3xGTAA, a few gold mining stock ETFs and a uranium mining holding remain. I'm curious to see when things will pick up again.
Then your portfolio should definitely be the first to rise! đ
Or like this:
-What are you criticizing my B&H Core Satellite strategy for? You have two stocks in the red yourself!
Or like this:
- Look at your portfolio, you have no idea yourself.
Oh no, you don't have to.
But for you: my overall portfolio is up just under +5% YTD. Mainly because of gold.
April is going well so far because I have shifted almost all other RiskOnAssets into the money market. Apart from gold and some silver, only the 3xEurostoxx in 3xGTAA, a few gold mining stock ETFs and a uranium mining holding remain. I'm curious to see when things will pick up again.
Then your portfolio should definitely be the first to rise! đ
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