Bon voyage dear money!

Hello everyone,

I have a problem with TradeRepublic that I don't quite understand and I hope you can help me.

Last week I sold the $ACWI with a profit of about 604€ and switched to the $SPYI (-1,39 %) and switched to the GetQuin shows me this profit correctly, but TradeRepublic does not, although TR shows both the (weighted) buy-in and the sales price correctly, see the attached pictures. However, how they can show a loss with a €0.97 higher sales price compared to the purchase price is beyond me.

I received the following reply to my query to support:

"Sales in a position that has been built up through multiple purchases are treated on a first-in-first-out basis. This means that the basis for calculating your sale is the entry price of the shares purchased first."

That can't really be the case, can it?

The profit that I have actually made is not taxed.

If you don't know what's going on in the markets, just let the savings plan do its thing haha $SPYI (-1,39 %)

We currently have just under EUR 16,500, which was originally earmarked for an unscheduled repayment of the property loan 🏠. Until recently, the money was in a Trade Republic account with 3.00% interest, which is now being reduced to 2.75%. Combined with the APR on the loan and inflation, however, this amounted to a zero-sum game. Not particularly smart - but since the money belongs to both me and my wife, you have to make compromises every now and then. 😄

But now we would like to invest the amount in an ETF. Our current portfolio, in which the monthly surpluses are invested, looks like this:

• 50 % in the $HMWO (-1,36 %) (HSBC MSCI World ETF, distributing - until the exemption limit is reached, which will probably be soon 🫠 )
• 25 % in the $EQAC (-1,54 %) (Invesco EQQQ NASDAQ-100 ETF, accumulating)
• 10 % in $EWG2 (+1,87 %) (EUWAX Gold II, accumulating)
• 7,5 % in $EIMI (-0,47 %) (iShares Core MSCI EM IMI ETF, accumulating)
• 7,5 % in $QDV5 (-1,5 %) (iShares MSCI India ETF, accumulating)

In addition, my wife saves monthly in the $SPYI (-1,39 %) (SPDR MSCI ACWI IMI ETF, accumulating) with 155.00 EURto build up reserves for her private health insurance when she retires.

In addition, some of our money flows into call money accounts as an emergency reserve, and there is also an amount in the $XEON (-0,01 %) (Xtrackers II Overnight Rate Swap ETF C).

Now we are considering in which accumulating ETF we should invest the 16,500 euros and the future savings installment should be invested in. I would like to keep it as a separate or new position in one of the custody accounts, as the money will be invested in 17 years - after the fixed interest rate expires - to (partially) pay off the real estate loan. I'm also a fan of having different pots for different occasions. Each month I expect to have 250 to 500 euros in addition to the 16,500 euros.

Which accumulating ETF would be your favorite under these conditions?

Or simply, in one of our existing custody accounts additionally $SPYI (-1,39 %) (SPDR MSCI ACWI IMI ETF) separately from my wife's savings plan, as a separate pot, because it's already a good ETF anyway?

I look forward to your opinion!

As I am unfortunately strongly affected by the Amundi merger of $LCUW and will incur very high taxes and fees.

I plan to simplify from World+Emerging+Small Caps to one ETF: $SPYI (-1,39 %)

Now, of course, I don't want to end up with the $SPYI (-1,39 %) I don't want to experience the same thing again in a few years and wanted to ask you what would be good indicators as to whether I could face a merger with a certain ETF?

The launch date and size of the $LCUW actually also fit.

Or would the tax domicile in Ireland be a good point?

Thanks for your help :)

A small update from my portfolio 📈

With $AMZN (-2,09 %) some time ago - and the sharp rise in December has definitely paid off. I took the opportunity to sell my position and reallocated the profits to the $SPYI (-1,39 %) and reallocated the profits.

A little more stability can't hurt - especially in these times 😉 Let's see where the journey takes us next!

I have now decided to reallocate the European stocks. The money is now flowing into Vertex Pharmaceutical $VRTX (+0,04 %) and Cintas $CTAS (-0,17 %) and my ETF $SPYI (-1,39 %)