5Lun
Great story, also good to read that you also want to enjoy your life. Saving too much also makes you ill at some point, and being the richest man in the cemetery doesn't help either.
Why do you have so many different ETFs? Well, High Dividend doesn't make sense at your age. The Growth ETF makes more sense and why MSCi World plus S&P500 and Stoxx Europe? Either or. Would also take more risk at your age. Returns from good growth companies can easily pay for a stay abroad. I understand the intention of a "second salary", but dividends are deducted from the share price. In my opinion, it only makes sense if you consistently reinvest it directly in the stock, then the dividend snowball rolls.
I wish you every success with all your goals.
Why do you have so many different ETFs? Well, High Dividend doesn't make sense at your age. The Growth ETF makes more sense and why MSCi World plus S&P500 and Stoxx Europe? Either or. Would also take more risk at your age. Returns from good growth companies can easily pay for a stay abroad. I understand the intention of a "second salary", but dividends are deducted from the share price. In my opinion, it only makes sense if you consistently reinvest it directly in the stock, then the dividend snowball rolls.
I wish you every success with all your goals.
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@Joris It is not as if the share will not make up for the dividend discount.
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5Lun
@Joris Thank you for your detailed feedback. Nice to meet you 😃
I have Europe in the portfolio to increase the European share, as otherwise the USA would be the sole representative in the portfolio. S&P and World double up in many positions, but I feel more comfortable holding both in the portfolio. The S&P usually delivers a slightly higher return.
I could well imagine taking the amount out of the High divi and shifting it into the Divi Growth, but it is currently also performing well in the portfolio, which is why I am still holding it for a while.
Hope you reach all of yours too, thanks! 😃
I have Europe in the portfolio to increase the European share, as otherwise the USA would be the sole representative in the portfolio. S&P and World double up in many positions, but I feel more comfortable holding both in the portfolio. The S&P usually delivers a slightly higher return.
I could well imagine taking the amount out of the High divi and shifting it into the Divi Growth, but it is currently also performing well in the portfolio, which is why I am still holding it for a while.
Hope you reach all of yours too, thanks! 😃
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5Lun
@minkz understand about the ETFs, I think with more experience in the market your opinion on ETFs will change. For now, do what you feel comfortable with.
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•5Lun
@Joris I am here to gain experience. You can only become the best of yourself through your own experiences and actions. At least that's how I see it 😅
Nevertheless, thank you for your objection, you will probably be right 😂
Nevertheless, thank you for your objection, you will probably be right 😂
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5Lun
@minkz That's exactly how it is ;) You learn from experience and unfortunately you usually learn the most from mistakes. I made big mistakes and learned a lot, which probably set me back a year. But on the other hand, I'm glad I made them. As strange as it sounds, it has brought me even closer to my goals.
Yes, the duplications are not ideal with ETFs.
Have you considered focusing more on dividend growth companies? Visa, ASML etc. At your age, that would be good leverage and you wouldn't have to sacrifice returns. They may not have a high yield now, but your personal dividend yield will be high in the future.
And I also made this mistake of excluding good companies just because they don't pay a dividend. Share price gains are also great 😊 I also love companies that have a strong free cash flow. So I still need more convincing. I still see a lot of potential in AI shares. But I probably won't see if I was right until 2030 or later 😅
Yes, the duplications are not ideal with ETFs.
Have you considered focusing more on dividend growth companies? Visa, ASML etc. At your age, that would be good leverage and you wouldn't have to sacrifice returns. They may not have a high yield now, but your personal dividend yield will be high in the future.
And I also made this mistake of excluding good companies just because they don't pay a dividend. Share price gains are also great 😊 I also love companies that have a strong free cash flow. So I still need more convincing. I still see a lot of potential in AI shares. But I probably won't see if I was right until 2030 or later 😅
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•5Lun
@capital_guru_169 I agree with you about Visa, ASML, Microsoft etc., but not about Hapag Loyd, Maersl, BAT or the like.
So there are many that make up for this, but it's not a blanket statement that every share will make it.
And yet the dividend is deducted from the share price first, which was my main point.
So there are many that make up for this, but it's not a blanket statement that every share will make it.
And yet the dividend is deducted from the share price first, which was my main point.
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5Lun
@Joris The main thing is to keep your goals in mind and achieve them, the road to them can be as hard as you want it to be. Just keep your head up and keep going!
Good tip in any case. Visa is also still on my list to top up and I also have it in my savings plan. I haven't looked into ASML yet.
I think it's often harder to find good solid "safe" growth stocks than dividend stocks. That doesn't exactly make the search for additions any easier 😂
Good tip in any case. Visa is also still on my list to top up and I also have it in my savings plan. I haven't looked into ASML yet.
I think it's often harder to find good solid "safe" growth stocks than dividend stocks. That doesn't exactly make the search for additions any easier 😂
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•@Joris The problem is not with the dividend strategy but with stock picking, which can go wrong with any investment strategy.
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