Hi everybody.
I'm building up a portfolio using the approach "#etfsETFs only". I still don't feel confident with single stocks and I don't think stock-picking is the best option for me.
As for now, my asset allocation is the following:
$SPYI (-4,93 %) 28%
$C3M (+0 %) 12%
$MEUD (-3,13 %) 10,7%
$GLDA (-3,14 %) 10,3%
$EIMI (-1,78 %) 9 %
$WITS (-7,97 %) 8,7%
$PHPP (-3,73 %) 4,3%
I'm going to set $SPYI (-4,93 %) +$MEUD (-3,13 %) as my core pf , increasing both sizes until they get to 35% and 20% respectively. I don't like bonds in general, so basically I try to decorrelate making use of gold, precious metals and also monetary funds.
What do you think about the whole thing?