Many comments are very weak. This is not about faith. It's about investing freely in the global economy over the long term, and that includes the emerging markets.  Since this amount is very small in €900, it doesn't matter and you can switch immediately without hesitation
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@Testo-Investor okay, that sounds good! would you sell for a fee and put it in the all world or leave the msci world and start again with the vanguard?
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@niemalsinsolvent 1€ 😂 sell and pure what else
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@Testo-Investor am with deutsche bank think that is more expensive
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@niemalsinsolvent Change and to tr is clear. Next step
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@Testo-Investor I'm still 17, at 18 I'm out of the expensive store immediately
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@Testo-Investor I would make the reallocation dependent on how much tax you pay on the sale. If I end up with less than 1k tax-free allowance or less than 10% return, I would probably just switch. If it's more, let it run and build up a new position. If necessary, buy a small 20% emerging markets ETF. It always depends on how much money you're talking about.
Basically, I would choose the all world despite lower returns in the recent past. You never know what the future holds. When EM was stronger, I'm sure clever people came along and talked about why you shouldn't just go into the emerging markets instead of the MSCI World...
Regression to the mean could lead to developed countries underperforming at some point.
At the same time, there is the random walk phenomenon that could lead to regression to the mean taking quite some time. As @Testo-Investor says, only those who cover the entire market and thus invest in the global economy as forecast-free as possible would be forecast-free. You just shouldn't make the benchmarking mistake of comparing yourself with a random better-performing index after 10 years. This would probably never have been an option before. If you cover the global economy, you can't be better than the best etfs. But you are also no worse off than the worst.
Basically, I would choose the all world despite lower returns in the recent past. You never know what the future holds. When EM was stronger, I'm sure clever people came along and talked about why you shouldn't just go into the emerging markets instead of the MSCI World...
Regression to the mean could lead to developed countries underperforming at some point.
At the same time, there is the random walk phenomenon that could lead to regression to the mean taking quite some time. As @Testo-Investor says, only those who cover the entire market and thus invest in the global economy as forecast-free as possible would be forecast-free. You just shouldn't make the benchmarking mistake of comparing yourself with a random better-performing index after 10 years. This would probably never have been an option before. If you cover the global economy, you can't be better than the best etfs. But you are also no worse off than the worst.
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•@SchlaubiSchlumpf thanks for the long reply! i actually have a nv certificate and don't pay any tax at all, so i think i'll switch 👍🏼 thanks 🙏🏼
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•@niemalsinsolvent even so, it wouldn't matter at all ... because we're talking about 900 € here and not 900 € profit ... you might have a maximum of 100 € profit in it...
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•@Testo-Investor right, about 120€ profit so it doesn't matter anyway
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•@Testo-Investor ah Jo I misread that 👍🏻 I agree 100%. I thought it said something about 900 euros per month. My Bad
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