The procedure is actually nonsense, you recognized that quite correctly. ✅
But, hey, in a way it suits you and is still authentic for you. It's still nonsense, but: it's authentic.
Kate wouldn't be Kate if she didn't at least try to integrate her forecast somehow, even with investment strategies that are actually forecast-free. Perhaps we should call it "signature investing"?
Greetings
🥪
But, hey, in a way it suits you and is still authentic for you. It's still nonsense, but: it's authentic.
Kate wouldn't be Kate if she didn't at least try to integrate her forecast somehow, even with investment strategies that are actually forecast-free. Perhaps we should call it "signature investing"?
Greetings
🥪
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11
•@Iwamoto
In addition to the sector ETF, you have two theme/industry ETFs (one of which is region-limited).
Greetings
🥪
In addition to the sector ETF, you have two theme/industry ETFs (one of which is region-limited).
Greetings
🥪
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@Stullen-Portfolio I know that there is a third ETF. But I don't save for it.
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11
•@Iwamoto
Have you become wiser by questioning the local swarm intelligence and can you extract something from the answers?
Greetings
🥪
Have you become wiser by questioning the local swarm intelligence and can you extract something from the answers?
Greetings
🥪
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•@Stullen-Portfolio not yet 😆
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11
•@Iwamoto
I'm curious. Please let me know. 😊
[I have a very clear assumption as to how you will decide in the long term 😉].
But you also asked about other ETFs.
In which direction are you currently thinking? To map other sectors/themes separately or to include strategy ETFs (e.g. equal weight, factors, dividends/CC)?
Greetings
🥪
I'm curious. Please let me know. 😊
[I have a very clear assumption as to how you will decide in the long term 😉].
But you also asked about other ETFs.
In which direction are you currently thinking? To map other sectors/themes separately or to include strategy ETFs (e.g. equal weight, factors, dividends/CC)?
Greetings
🥪
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•@Stullen-Portfolio well, on the one hand there are very interesting strategy and factor ETFs. On the other hand, there are EM and Europe and a handful of interesting dividend ETFs.
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•@Iwamoto
Hmmm, of course there are!
But wouldn't it be more important to decide what you want and how to put it together? So perhaps
1. get an overview of what is available
(I think you've done that)
2. derive possible SENSIBLE approaches/combinations from this
3. select and implement products
4. do not change anything
Maybe you are at 2.
You know that there are 1-ETF solutions. E.g. an all-world ETF OR a world ETF if you have deliberately decided against EM.
If you want to map DW and EM and control the weighting yourself, then there are 2 ETFs.
If you also want to control the proportions within DW yourself, then you need other ETFs (e.g. S&P500 ETF and ex-USA) instead of the one World ETF.
You currently have quite a mishmash of these.
In my opinion, you would also have to decide for 2. whether you want to map factors or not. And whether this complements - or can/should completely replace - the previous question of regions.
However, it is very important (after CONSCIOUS decisions on 2. and 3.) to do 4.
Somehow I suspect that this is the biggest hurdle or challenge for you.
But as we know, the biggest threat to the success of a good plan is the dream of an even better plan.
...and there are already some biases here that jeopardize that and you seem to be quite susceptible to one or two biases 😉
Greetings
🥪
Hmmm, of course there are!
But wouldn't it be more important to decide what you want and how to put it together? So perhaps
1. get an overview of what is available
(I think you've done that)
2. derive possible SENSIBLE approaches/combinations from this
3. select and implement products
4. do not change anything
Maybe you are at 2.
You know that there are 1-ETF solutions. E.g. an all-world ETF OR a world ETF if you have deliberately decided against EM.
If you want to map DW and EM and control the weighting yourself, then there are 2 ETFs.
If you also want to control the proportions within DW yourself, then you need other ETFs (e.g. S&P500 ETF and ex-USA) instead of the one World ETF.
You currently have quite a mishmash of these.
In my opinion, you would also have to decide for 2. whether you want to map factors or not. And whether this complements - or can/should completely replace - the previous question of regions.
However, it is very important (after CONSCIOUS decisions on 2. and 3.) to do 4.
Somehow I suspect that this is the biggest hurdle or challenge for you.
But as we know, the biggest threat to the success of a good plan is the dream of an even better plan.
...and there are already some biases here that jeopardize that and you seem to be quite susceptible to one or two biases 😉
Greetings
🥪
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11
•@Stullen-Portfolio I don't have a mishmash 🥺. In principle, it wouldn't matter whether you have this All World or World. And whether you have 100,000 in one of them or 50,000 in both, in the end it will be pretty much the same. The advantage of having both is that I cover eight out of twelve months with distributions. Okay, I still have the S&P 500, you wouldn't need that in addition. On the other hand, I feel quite comfortable with it.
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•@Stullen-Portfolio I created this sample portfolio a few weeks ago simply to see how it would have developed and so on... https://getqu.in/m7fwX6/ (Of course, these are one-off purchases, so the return is much better compared to savings plans)
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@Iwamoto
Okay, if mishmash was too offensive or blunt, let's call it a compilation of ETFs on all-regions, almost-all-regions and only-the-country-with-the-biggest-economy. For my sake 🤜🏻🤛🏻.
Okay, 10% EM in or out is not worth mentioning.
Then again, there would be no need for the S&P 500, but the difference to the World is only 30% ex-USA in or out.
...that's roughly what I meant by: you have to (or should) know what you want, what you don't want and how to separate one from the other...permanently.
Not easy.
So again, it's simple: do what you feel comfortable with. And if frequent questioning and changing is part of feeling good or at least leads to it temporarily, then maybe it's the right thing for you! 🤷 🍀
For example, you also seem to feel quite comfortable with the diagnosed distribution bias ✅🤙
Greetings
🥪
Okay, if mishmash was too offensive or blunt, let's call it a compilation of ETFs on all-regions, almost-all-regions and only-the-country-with-the-biggest-economy. For my sake 🤜🏻🤛🏻.
Okay, 10% EM in or out is not worth mentioning.
Then again, there would be no need for the S&P 500, but the difference to the World is only 30% ex-USA in or out.
...that's roughly what I meant by: you have to (or should) know what you want, what you don't want and how to separate one from the other...permanently.
Not easy.
So again, it's simple: do what you feel comfortable with. And if frequent questioning and changing is part of feeling good or at least leads to it temporarily, then maybe it's the right thing for you! 🤷 🍀
For example, you also seem to feel quite comfortable with the diagnosed distribution bias ✅🤙
Greetings
🥪
••