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Eselai
@DonkeyInvestor
1Semana·

I entrust my money to complete strangers on the Internet

Now that Bitcoin has become boring, it's time to move on. That goes to you @Epi
@randomdude .


I'm thinking about investing a few euros in your 3*GTAA Wikifolio $DE000LS9U6W1 (-0,83 %) but have a few questions first:


1) In what scenarios does this thing go to 0?

2) What risks are there apart from the risks of the strategy itself (e.g. problems with Wikifolio, Lang und Schwarz, ...)?

3) How dependent is the wikifolio on manual activities? For example, does the thing go down the drain if@Epi is in a coma after a car accident or just doesn't feel like it anymore? Or does nobody care because the strategy is automated?

4) What are the possibilities that the wikifolio could be affected, for example, by @Epi manipulated negligently or with malicious intent?

5) What is the expected annual return of the wikifolio after costs?

6) Which broker can you recommend for buying wikifolios? If I invest, then probably 10-20k on 1-3 tranches. With ING and DKB I should be able to buy it. Not with SC and TR.


Thank you and a happy new year 😘

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34 Comentarios
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Epi@Epi
1Semana
Hello, my dear donkey! With so many questions, some of which even make sense, I have to take a little more time.
But the year is still so short. So you'll have to be patient. I'll think about a separate post about the Wikifolio certificate.

And now have a great start to the new year! 🎆
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Eselai@DonkeyInvestor
1Semana
@Epi a FAQ post would be nice. Please tag me when the time comes
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Solitair@Solitair
1Semana
@Epi I would also be interested in the FAQ article
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Bingpot@theflyingsquirrel
6D
@Epi Me too
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KnightInvestor@KnightInvestor
5D
Me too
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yieldhunter@randomdude
1Semana
I'd rather leave that to @Epi, as it's his wikifolio. First of all:
Regarding 2): I would first look at wikifolio certificates, their collateralization etc. at wikifolio.
Re 6): You need a broker who offers "Stuttgart certificates" at a favorable price. At smartbroker+ the purchase costs 4,- Euro.
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Eselai@DonkeyInvestor
1Semana
@randomdude with whom?
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Eselai@DonkeyInvestor
1Semana
@randomdude Exit costs even at 4 euros?
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yieldhunter@randomdude
1Semana
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yieldhunter@randomdude
1Semana
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Uwe@SchlaubiSchlumpf
1Semana
My strategy for 3) is that if I don't hear from EPI for a few days around the end of the month, I go out. (Vacation granted). Momentum should not break immediately after the end of the month, but I would not like to leave my money unattended in triple leverage certificates.

Regarding 6, I can tell you that I have Smartbroker+. I find the app very unergonomic, but okay for the wikifolio
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Eselai@DonkeyInvestor
1Semana
@SchlaubiSchlumpf Do you have a savings plan? Is there even such a thing for Wikifolios?
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Uwe@SchlaubiSchlumpf
1Semana
Hmm, there is no button for this. I don't think so. You even had to buy mine in full pieces.
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Eselai@DonkeyInvestor
1Semana
@SchlaubiSchlumpf and have you made a one-off investment or do you buy again and again?
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Uwe@SchlaubiSchlumpf
1Semana
@DonkeyInvestor once in March 2.8k and in October approx. 2k. Whether I will do it again, I don't know. GTAA is not a serious part of my portfolio in the sense that I have a savings rate for my portfolio and GTAA is not part of it, so it's not rebalanced or anything like that. Quasi a gimmick. (Bitcoin too, by the way) 😁 also means my priority list is savings rate on my multifactor portfolio > lifestyle > GTAA. But I would like to do it again.
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yieldhunter@randomdude
1Semana
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Garv@financer_85
1Semana
Only certain Wikifolios can be invested in via a savings plan. Unfortunately, the GTAA certificate is not included.
Incidentally, I use JustTRADE - trading is possible there without additional fees.
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TotallyLost@TotallyLost
1Semana
@SchlaubiSchlumpf I set myself a target value for the wikifolios and other more active products that I want to achieve.
In the case of 3xGTAA, this is 3% of the portfolio.
When this value is reached, I leave them where they are, there is no rebalancing.

However, products in my portfolio always belong to a super-group, in the case of GTAA this would be momentum.
So if the wikifolio were to perform so badly that it dragged the momentum group, which has a 12% allocation, too far down, I would buy other momentum products, which would probably be the boring but tried and tested $XDEM.
In this way I try to ensure that the more complex constructions are not rebalanced down to 0 if something goes wrong.
After all, you don't cheapen a share that is performing badly forever. 😘
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Uwe@SchlaubiSchlumpf
1Semana
@TotallyLost also a possibility. I wouldn't lump GTAA, even though it's like $XDEM Momentum, because the correlation shouldn't be that great, but you could argue that it is, at least some of the time. I look at it this way. If the wikifolio has made me somewhat rich in a few years, cool. If not, I haven't deviated from my goals.
The mathematical explanation would be, since the asset class allocation changes regularly, it's hard for me to estimate what weighting I should give to GTAA.

The psychological one is that I think it may well be that GTAA might not work at some point. The market mechanism of asset class momentum changes due to technology, investor experience and GTAA eventually comes to nothing and its performance is diminished. Failure would hurt me personally more than I would gain from success if I firmly anchor the allocation in the portfolio. If I leave GTAA at 4% (which is about where I am at the moment) and rebalance, I don't feel it as strongly and have to rebalance quite often.
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Mo@BigMo
1Semana
Since I also want to buy @Epi's artwork: Thank you for these legitimate questions 😬

edit;
what I have already found out myself through research and is probably obvious to most: The pieces are not publicly traded, in the sense that you move the price by buying/selling. So you can just drop €100k and be happy.
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ShrimpTheGimp🦐@ShrimpTheGimp
1Semana
As always, very charmingly formulated. 🤣 but legitimate questions 😉
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Alex@nitroxx
1Semana
Point 3 is an interesting question
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Eselai@DonkeyInvestor
1Semana
@nitroxx and the others too 😁
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Paul@paul_finesse_
1Semana
I also agree with the questions. I've had the certificate on my watch for a while now and would like to get on board.
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Leah C.@Leah99
1Semana
Similar for me. Also tradable at Consors, by the way
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T D.@T-Dax
1D
@Leah99 What are the costs?
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Kate🦋@Iwamoto
5D
Oh, did so few people notice? @Epi recently appointed a replacement for scenario three. It's me 🤓 and now you can hope it never comes to that 🤪
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Eselai@DonkeyInvestor
5D
@Iwamoto I pray for @Epi
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SGP@Koenigmidas
6D
I missed the hype
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Eselai@DonkeyInvestor
6D
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Epi@Epi
6D
@Koenigmidas This is not hype.

This is the beginning of rules-based momentum investing as a scientifically backed supplement to passive B&H world ETFs. 💪
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SGP@Koenigmidas
6D
@Epi can you please link me to your contribution and the wkn ?
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Eselai@DonkeyInvestor
6D
@Koenigmidas you can already find the ISIN in my article
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Epi@Epi
6D
@Koenigmidas You can find my contributions in my profile.
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