Hi there, i'm quite new here around and I'm moving/restructuring my portfolio from a private banking to TR, following @DonkeyInvestor suggestion here is my portfolio presentation:
INVESTMENT HORIZON & GOALS:
I'm 38 yo from Italy, no wife no kids, not planning to buy a house, at the moment having a salary from my own business of 8.000 euro/month, saving 4.500/month this way: 430/month pension fund 500/month in bond fund, 3.500/month in my portfolio in TR.
Putting together TR, what is left in the private bank, pension fund and bond fund, i have a 620k at the moment.
My goal is to be financially independent as early as possible and to be able to live off my portfolio, i really don't like to work in an office 8.10 hours a day and in addiction i have an autoimmune desease that will probably keep in an hospital in a 10-15 year.
STRATEGY
Why i was investing in a private bank stealing a lot in fees? Well i was in period of my like when i like to complicate things, so: the bank basically lend me 80% of the investment to do real estate investment. So even if i was spending 2-2.5% cost on my portfolio (VS 0.20% of an ETF), i parallely investing the 80% lending in real estate projects that give me a 12% annualy (- 0.35% + euribor lending cost).
So basically, higher cost compared to TR of SC, but the possibility to leverage.
Now i just want to simplify life with less stress and so i stopped the real estate business and moving the portfolio to TR, started in may i will finish to move everything in november.
STRATEGY
At the moment as I told you I'm trying to move all the portfolio to TR (just because it is the only one having an italian account to calculate automatically taxes) and trying to maximize my saving monthly rate.
I cannot follow a complicated strategy as the ones used by users such as @Epi , that i follow with real interest, but i can't copy. I'm looking for a simple autopilot.
HOW THE PORTFOLIO IS STRUCTURED
430/month in the pension fund because Italy gives you a tax exempion of 50% on the money you put in a private pension fund with a cap at 5196 euro/year.
500/month in the bond fund is just a mind calming medicine, it yields 3%/year
3.500/month go to TR where I also transferring the money, almost in the same % as it allocated the lump sum, in this way:
- 50% in world ETF, divided into 4 ETF in equal parts: $XDEM (-2,1 %) + $JREG (-2,57 %) + $IQSA (-2,67 %) + $VWCE (-3,89 %)
To have a solid and stable growth, with a bit of factor
- 10% of EM with $EIMI (-4,02 %) and $FLXC (-6,36 %)
In the past I was not a fan of EM, but I'm guessing if the world paradigm is changing and China is finally gaining a real leading role in the future
- 5% GOLD $SGLD (+0,44 %)
Just for pure diversification
- 10-15% pure growth through $XNAS (-4,81 %)
$IART (-4,84 %)
$SMH (-7,17 %)
$QNTM (-5,11 %)
As a satellite to give a little boost in the long term, no matter the volatility
- 1-2% of frontier market through $XMKA (-4,02 %)
$DX2Z (+0,38 %)
Just for exotic reason
3% of a junk bond with a 14.5% yield $XS2800678224 (-2,37 %)
Yes there's a $BTC (-1,67 %) hold in Binance: i used to trade cripto in the past, i converted everything into BTC and hold it till my death
HOW I WANT TO PLAN FURTHER
Here is my real question for the GQ community. Of course I would like to have your opinion on the portfolio at the moment, but mostly i would like to know about the future, beacuse I don't know what to do at the moment between keeping this way or change to distributing ETF: as I told you at the beginning my plan is to try to stop working asap, even beacuse my health issue, and enjoy life. So every morning i wake up thinking: do i have to put all my capital and saving plan in $VWRL (-2,71 %) to start moving to dividend while growing? I'm not that young to just go to accumulating ETF but not old enough to move to high dividend etf that lost value, so i'm i bit lost. Maybe continue like this and than in 5-10 years sell everything (and paying taxes on capital gain...) to move to dividends?
I hope this was enough clear to share all the infos, while staying the more synthetic possible!
Thanks in adavnce for your thoughts & feedbacks
