6Mo
Isn't every German share a cluster risk for a German investor with a job in Germany?
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@Epi Not if this company earns, trades and produces worldwide.
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•@Epi Someone once wrote a very nice, interesting, well-prepared article about this.
The only thing I remember is that a significant amount of salary is earned through working hours, and the pension depends on DE.
I.e. if this is taken into account and you have, for example, 60-70% US in your portfolio, you actually have a preponderance of DE 😅
I hold two German stocks myself: $SIE and $ALV
Otherwise, I take a rather critical view of many German stocks, especially the automotive and energy industries.
The only thing I remember is that a significant amount of salary is earned through working hours, and the pension depends on DE.
I.e. if this is taken into account and you have, for example, 60-70% US in your portfolio, you actually have a preponderance of DE 😅
I hold two German stocks myself: $SIE and $ALV
Otherwise, I take a rather critical view of many German stocks, especially the automotive and energy industries.
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