Hello dear getquin community,

Today I actually have a question for you and need your advice.

In my second portfolio, which is a pure ETF portfolio combined with gold, I have two ETFs that are supposed to cover the whole of Asia. One for the emerging markets $CEA1 (+1.82%) and one for the developed markets. $VAPX (+3.39%) . These two make up a relatively large part of the portfolio, which is or was the intention, as I specifically wanted to overweight Asia at the beginning of the year when I bought them. Now I am relatively well up with both of them, around 25%. That leads to the real question:

Most of this gain comes from players like Tawain Semiconducters $TSM (-0.54%) Samsung. $SMSN (+8.26%) Sk Hynix $000660 . So actually from semiconductor stocks.

Here is the chart of the Taiwan Semi:

And here of SK Hynix:

I myself am not invested in any of these shares in my portfolio. And chart-wise, it reminds me relatively strongly of a flagpole. Now I'm afraid that due to the high weighting within the ETFs and the high weighting within the ETF portfolio, I could record high losses if they really correct.

How do you see it? Do you have such stocks? And what would you do now if you were me?

Thanks for the answers

@Tenbagger2024
@Get_Rich_or_Die_Tryin
@PikaPika0105
@Epi
@Raketentoni
@Multibagger
@schlimmschlimm etc.

Which ones are you invested in?

+107% Intel $INTC (+4.14%)

+92% Credo Techn. $CRDO

+91% Astera Labs $ALAB (+0%)

+73% MediaTek $2454

+72% AMD $AMD (+2.2%)

+72% Seagate $STX (+1.46%)

+71% SanDisk $SNDK (+4.81%)

+67% KIOXIA $285A (+9.62%)

+66% ON Semiconductor $ON (+3.29%)

+61% STMicroelectronics $STM (+2.07%)

+55% Marvell $MRVL (+1.92%)

+51% NXP $NXPI (+1.74%)

+49% Siltronic $WAF (+3.42%)

+47% GLOBALFOUNDRIES $GFS (-2.08%)

+47% SK Hynix $000660

+47% Micron $MU (+5.16%)

+46% Infineon $IFX (+1.55%)

+45% Western Digital $WDC (+1.19%)

+43% Texas Instruments $TXN (+1.25%)

+42% Arm Holdings $ARM (-6.4%)

+41% QUALCOMM $QCOM (-3.45%)

+41% Monolithic Power $MPWR (+6.08%)

+40% Aixtron $AIXA (+5.38%)

+40% Microchip Techn. $MCHP (+2.21%)

+34% Broadcom $AVGO (+1.07%)

+30% Skyworks $SWKS (-2.85%)

+25% Samsung Electronics $005930

+24% Analog Devices $ADI (+1.45%)

+18% TSMC $TSM (-0.54%)

+16% Lam Research $LRCX (+5.27%)

+14% KLA $KLAC (+3.14%)

+13% NVIDIA $NVDA (+3.58%)

+10% Applied Materials $AMAT (+3.39%)

+9% ASML $ASML (+3.05%)

I have AMD. Which one do you have?

$UNH (-1.19%)
$DHI (+0.52%)
$RTX (-1.72%)
$HAL (-0.71%)
$MMM (-0.71%)
$NOC (-3.04%)
$MSCI (-1.82%)
$IBKR (+2.36%)
$ISRG (-7.09%)
$COF (+0.86%)
$BN (+0.17%)
$EQT (-0.31%)
$ABBN (+2.47%)
$GEV (+2.11%)
$T (-1.54%)
$CME (-0.4%)
$PM (-2.64%)
$MCO (-1.49%)
$BA (+0.34%)
$UAL (-0.47%)
$OR (-0.54%)
$TXN (+1.25%)
$LRCX (+5.27%)
$NOW (-5.26%)
$IBM (-24.74%)
$TSLA (+0.01%)
$000660
$018260
$NESN (+0.12%)
$SAAB B (-0.19%)
$DSY (-1.2%)
$NOKIA (+0.07%)
$ASC (+0.77%)
$ROG
$NDAQ (-1.47%)
$DOW (-0.43%)
$KDP (-2.43%)
$AAL (+2.62%)
$LMT (-0.83%)
$AXP (-0.16%)
$BX (+1.75%)
$FCX (+2.99%)
$SAP (-3.2%)
$INTC (+4.14%)
$NEM (+1.47%)
$FIX (+2.23%)

$GOOGL (+1.41%)
$GOOG (+1.42%)

Google has developed a new compression method for its AI applications that allegedly reduces the memory requirements of large language models by a sixth. As a result, investors are sending the share prices of memory chip manufacturers such as Samsung and Micron plummeting.

SK Hynix $000660

Samsung $samsung

Sandisk $SNDK (+4.81%)

Micron $MU (+5.16%)

Western Digital $WDC (+1.19%)

Do you see this as an opportunity to get in? Or is it too risky at the moment?

https://www.boerse-online.de/nachrichten/aktien/sechsmal-weniger-speicher-google-ankuendigung-laesst-chip-aktien-einbrechen-20398038.html

$RYA (-0.32%)
$UNH (-1.19%)
$GM (-0.53%)
$RTX (-1.72%)
$UPS (-0.28%)
$UNP (-1.26%)
$NOC (-3.04%)
$BA (+0.34%)
$MC (-1.46%)
$TXN (+1.25%)
$STX (+1.46%)
$SSAB A (+1.99%)
$ASML (+3.05%)
$GEV (+2.11%)
$SBUX (-1.36%)
$T (-1.54%)
$GD (-0.43%)
$MSCI (-1.82%)
$META (+0.1%)
$NOW (-5.26%)
$IBM (-24.74%)
$LRCX (+5.27%)
$TSLA (+0.01%)
$MSFT (-1.7%)
$000660
$005930
$SAP (-3.2%)
$ABBN (+2.47%)
$DBK (+0.97%)
$ROG (-0.98%)
$DOW (-0.43%)
$NDAQ (-1.47%)
$LMT (-0.83%)
$CAT (-0.28%)
$TMO (+0.34%)
$HON (+0.43%)
$MA (-0.4%)
$BX (+1.75%)
$WM (-1.01%)
$WDC (+1.19%)
$SNDK (+4.81%)
$V (-0.75%)
$AAPL (-1.23%)
$SOFI (+1.85%)
$CL (-2.05%)
$AXP (-0.16%)
$XOM (-0.2%)
$CVX (-0.51%)

Hi folks,

I'm about to make a major strategic change to my portfolio this month. I have cracked the €120,000 mark 🎉 and have taken this as an opportunity to weatherproof my allocation for the coming years.

Here is my roadmap:

1. the tax "life hack": FIFO optimization 💡

I stop my previous core ETFs ($VHVG (+0.24%) , $MEUD (+0.23%) , $EXCH (+0.94%) ) and leave them untouched. Why? In Germany, the FIFO principle (First-In-First-Out) applies. By saving new ISINs from now on (MSCI World ex-USA, NASDAQ 100 & MSCI EM), I "protect" my old shares with the high book profits. Later, I can sell the younger tranches first with less profit and massively defer the tax burden.

2nd core update: USA cap & EM limits 🌍

From now on, my core (approx. 74% of the portfolio) will be re-saved with €280 per month. I love US performance, but don't want any bulk risk:

USA cap: maximum 55% in the core.

Emerging markets: cap at 10%

3. satellite & venture: my high-conviction stocks

This area should make up 20% of my portfolio. Here I invest €400-600 per month in themes that I absolutely believe in. Currently in focus:

Cloudflare ($NET (+4.56%) ): Infrastructure & cybersecurity are the basis of everything for me.

Siemens Energy ($ENR (+3.36%) ): My play on the energy transition and grid expansion.

Hims & Hers ($HIMS) (+2.9%)Exciting disruptor in the telehealth sector.

Tech from the Far East: With Xiaomi ($1810 (+0.09%) ) and CATL ($3750 (-0.96%) ) I cover important future markets.

Coinbase $COIN (+2.6%) complements my direct Bitcoin holdings (target: 3.5% crypto share of the overall portfolio).

Other additional stocks are $NBIS (-7.18%) , $000660 and $RKLB (+2.45%)

4. the big goal: retirement in 2054 🏁 or perhaps even earlier

The math is done: I am aiming for a final capital of around € 780,000 by 2054. With a sustainable withdrawal rate of 4%, this will give me a monthly pension of around €2,600 without having to deplete the capital stock in the long term, thus closing my pension gap. It should be mentioned in the calculation that I calculate with a 5% return per year instead of the expected long-term return of 7-8% and therefore include a safety factor.

The whole thing is rounded off with a 3% share of gold (Euwax Gold II) and 17% bonds as a safety anchor.

What do you think of the FIFO tactic? Do you also use different ISINs for the same market in order to remain flexible in terms of tax, or is that too much "portfolio messing around" for you? 😉 And what do you think of my selection in the venture sector?

I didn't have such high expectations this year, after last year went very well thanks to $RKLB (+2.45%) went very well last year. Nevertheless, I was able to exceed my target of €80k and would like to thank above all $000660 (SK Hynix) and again to $RKLB (+2.45%) for a great year-end rally.

I am still very convinced of SK Hynix and think it is undervalued, Rocket Lab has of course run very hot and will probably come down to earth again (as it did today).

Happy New Year to you all and good luck with your investments in 2026 🙏🏼

$KDP (-2.43%)
$7751 (+1.48%)
$NXPI (+1.74%)
$WM (-1.01%)
$CDNS (-0.96%)
$BN (+0.17%)
$SOFI (+1.85%)
$UNH (-1.19%)
$AMT (-0.6%)
$UPS (-0.28%)
$BNP (+1.84%)
$NVS (-1.49%)
$DB1 (+0.06%)
$MSCI (-1.82%)
$ENPH (+4.23%)
$BKNG (-0.94%)
$LOGN (-1.74%)
$V (-0.75%)
$MDLZ (-2.2%)
$PYPL (-0.68%)
$000660
$MBG (+2.23%)
$BAS (+1.29%)
$UBSG (+3.22%)
$SAN (+0.19%)
$CVS (+0.02%)
$OTLY (-1.37%)
$GSK (-1.4%)
$ETSY (+3.1%)
$CAT (-0.28%)
$KHC (-0.93%)
$ADYEN (-1.44%)
$ADS (-1.78%)
$AIR (+0.4%)
$SBUX (-1.36%)
$CMG (-0.62%)
$META (+0.1%)
$KLAC (+3.14%)
$MELI (+0.05%)
$WOLF (+3.26%)
$GOOGL (+1.41%)
$EQIX (-1.87%)
$MSFT (-1.7%)
$CVNA (+8.45%)
$EBAY (-2.35%)
$005930
$6752 (-4.13%)
$KOG (+0.5%)
$VOW3 (+1.01%)
$GLE (+1.13%)
$LHA (+0.25%)
$STLAM (+2.1%)
$SPGI (-0.06%)
$MA (-0.4%)
$PUM (-0.76%)
$AIXA (+5.38%)
$FSLR (-0.41%)
$AAPL (-1.23%)
$REDDIT (+0%)
$AMZN (-0.36%)
$NET (+4.56%)
$MSTR (+6.28%)
$GDDY (-0.1%)
$TWLO (+0.8%)
$COIN (+2.6%)
$066570
$CL (-2.05%)
$ABBV (-1.67%)
$XOM (-0.2%)