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10Lun·

Hello everyone!

Small introduction: very new to getquin and "focussed" investing. 34 years old, Belgian, and I have done some very small investing (buying stocks, bonds, crypto) in the past few years, but never gave it too much thought and effort (total below 4 figures and did not have the time (work and 3 kids :-)).

Being self-employed, last year brought some large shifts. I have some spare time and am investing around 50k at the moment (which is a lot for me compared to some other portfolios I see here on getquin these past few days). I find myself enjoying following the markets and reading up on technical analysis a lot. Definitely not in this for day trading, but for the long term.

So goals: long term + have something better than the savings account our bank offers (which is not that hard).

I know myself and I get “enthusiastic” quickly about something, so in order to keep me from investing everything into crypto for example, I set these percentages for the ETFs, stocks and crypto I am investing in. This allows me to see where to put new money or what to buy next. Definitely keeping me from dumping everything into $BTC (-1,4 %) at the moment :-).

What I am looking for, honest advice or feedback on this strategy and percentages. I am in the tech business myself, partially explaining the tech heavy focus. Again, I enjoy watching the markets and taking some risk, hence not going 100% $IWDA (+0,33 %) or other single world ETF strategy ;-).

Thank you!

WORLD (30%)

25% $IWDA (+0,33 %) to cover the developed world

5% $EIMI (-0,21 %) to cover the emerging markets

S&P500 (30%)

20% $CSPX (+0,6 %) to track main S&P500

5% $XLKS (+2,03 %) for heavy tech focus

5% $GMVM (+0,03 %) for sustainable focus

TECH THEMATIC (10%)

5% $CSNDX (+1,29 %) to track nasdaq

5% $SEMI (+1,33 %) focus (AI) tech

REGION (10%)

5% $IJPA (-0 %) tracking Japan due to personal interest

5% $CSSX5E (+0,48 %) focus on EU

CRYPTO (10%)

9% $BTC (-1,4 %)

1% $ETH (-1,58 %)

OTHERS (10%)

5% $PHGP (+0,57 %) tracking gold for stability and fun

5% small stocks combined, personal interest in specific companies

12 Comentarios

deodorhunter@deodorhunter

10Lun

Hi Jonas, welcome!
Read this as food for thoughts as this is my personal opinion and you and only you have to be satisfied with your investment :)
Plan in general seems good, but maybe it needs some ironing out.

Have you analysed the compositions of these ETFs in terms of underlying stocks? There is a lot of overlapping in percents across different ETFs.
That esg etf has high ter and esg is not always the best thing in terms of performance
Not sure about heavy tech focus etf, you have that already with Nasdaq, AI and s&p500, I would concentrate there.
Maybe add some single Microsoft shares, you have it all at Microsoft in terms of macro trends.
I would also evaluate in detail all-world vs world+em with some backtesting and probably exclude china at least for the short medium term
Regional ETFs are a preference, not much to add here, just watch out for the developments of yen in the near term when choosing a japan etf (hedged or not).

All the best

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JIX@JIX

10Lun

@deodorhunter Wow, thank you for sharing your feedback. Definitely helps a lot to rethink some of my strategies!

I have analyzed the underlying holdings of each ETF manually as well as using https://www.etfrc.com/funds/overlap.php to spot overlaps weight based. You are however correct regarding the heavy tech ETF $XLKS . It is 100% also in the S&P500, however very different weighting.

I was already on the fence about it, since I can only buy it on the London exchange through my broker which brings additional costs. It is however in USD compared to an otherwise quite heavy EUR portfolio.

The TER of $GMVM is indeed the highest on the list at 0.49%. I don't like to go higher than 0.50%, so right on the edge :-).

Regarding the world ETFs. I could buy all world $VWCE to cover all in one ETF, but it is only offered on an exchange that brings extra costs. The distributing version $VWRL is on the "good" exchange, but being a Belgian a tax of 30% needs to be paid on dividends, so I prefer accumulating ETFs. Having $IWDA + $EIMI combo is similar to $VWCE , both accumulating and on Euronext Amsterdam exchange. Planning to bring it to a 1:8 ratio which is roughly the same as the all world apparently.

That's a good heads up regarding the Japan ETF, will do some more investigation and not increase that position for now.

Once again thank you for taking the time, much appreciated!

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Kevin E.@KevinE

10Lun

Can you explain why you chose your positions and size of positions like this?

Like why Japan 5%?
Why 5% Europe plus the part that s included in the world ETF, etc.

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JIX@JIX

10Lun

@KevinC Thank you for your reply! Much appreciated.

I wanted to have a solid basis (world and S&P500), but also expand on that a bit more and put weight on things that I find interesting / believe in + diversify more.

$IWDA is still very US heavy at 66%. High personal interest in Japan and believe that it will grow the coming years. For Europe, that is because I have a business in the EU myself (and being a European citizen), so wanted to put a bit more weight on that as well.

Or is this silly reasoning?

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Kevin E.@KevinE

10Lun

@JIX the last part: i‘d say yes 😀

I mean, if you’re looking forward with Europe‘s future, investing in it is totally responsible. I am not that optimistic though. The demographics are way worse than in the US, that is why I prefer high percentage of US exposure (75% in my case). But I do not think there is a right or wrong - you need to feel good with your portfolio and in the longrun also Europe will still grow, I am sure of it.

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JIX@JIX

10Lun

@KevinC Thank you Kevin for your insight, definitely giving me something to think about!

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Mihai@mihaipr

10Lun

@KevinC Japan has an even worse demographics than developed Europe. I don't know if that is the only factor for predicting a company's future performance, considering how global markets work. If so , we would all buy stocks in Nigeria.

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Kevin E.@KevinE

10Lun

@mihaipr We could go much more into detail of every position for sure!

And ofc demographics are not the one single factor that matters. But comparing Europe and US it is still a big difference imho.

Prices for energy and staff, taxes, availability of skilled labour, etc. also have to be taken into consideration.

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Mihai@mihaipr

10Lun

looks good to me, can I ask what is your overall ETF weighted TER?

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JIX@JIX

10Lun

@mihaipr Thank you for the feedback! Overall ETF weighted TER is at 0.19% at the moment. The highest is $GMVM at 0.49% and the lowest is $CSPX at 0.07%. I have read it is best to keep it below 0.75% and def don't buy if it's over 1.5%.

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Mihai@mihaipr

10Lun

@JIX there are also a couple of other things to watch out for: the fund size (the bigger, usually the better, since it reduces the spread), and the tracking error of the underlying index which adds up to the total cost of owning the ETF, cost which is not displayed in the ETF prospectus or other papers.

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JIX@JIX

10Lun

@mihaipr Hmm, interesting. That's a really good variable that I wasn't checking! Thank you for the tip!

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