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@Eochaid As I mentioned, my aim with the fund in my portfolio is to be able to hold shares that interest me but are not worthwhile for me, as I would only hold positions that are too small and the overview would be lost at some point.
Yes, I currently hold positions that are also in the fund, but over time I will also end up with positions that are completely new (new IPO, new SPAC, etc.) that I can't assess myself, but people who deal with such technologies every day or can assess them better can. That's what I meant by mindset (especially the selection of shares according to VC or seed funding criteria).
I like to deal with shares, but you have to admit that you can't deal with every sector in such a focused way that you can make a well-founded selection of every interesting share. I deal with the shares that I can assess; in the case of new technologies or very young companies, I prefer to let the fund take care of it. It doesn't bother me if I have 5-10 euros a year in fees in the current phase, but I have time to deal with the shares that I can evaluate myself.
Yes, I currently hold positions that are also in the fund, but over time I will also end up with positions that are completely new (new IPO, new SPAC, etc.) that I can't assess myself, but people who deal with such technologies every day or can assess them better can. That's what I meant by mindset (especially the selection of shares according to VC or seed funding criteria).
I like to deal with shares, but you have to admit that you can't deal with every sector in such a focused way that you can make a well-founded selection of every interesting share. I deal with the shares that I can assess; in the case of new technologies or very young companies, I prefer to let the fund take care of it. It doesn't bother me if I have 5-10 euros a year in fees in the current phase, but I have time to deal with the shares that I can evaluate myself.
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@Eochaid As I said, the decisive factor for me is how the stocks are selected. If they do a good job or select unknown stocks that deliver the performance, then I'll grant them the 1.8%.
In this case, I don't have to support the "greed is cool" mentality that has been drummed into society.
Yes, that's why I only invest in individual stocks that I understand and can evaluate myself. You contradict yourself by saying that I can go into individual stocks, then I have to keep track of things, but I don't want to do that in some cases because I don't know enough about biotechnology at the moment, for example.
And if I take the individual stocks, then I might also have balancing problems that I don't want with such small positions. If there's a share that costs €300 or even more, then I'm not only ruining my allocation, I'm also holding volumes that I don't want to hold in my portfolio.
I listen to my wallet, my portfolio analysis and my mind as to how I need to structure my portfolio so that I feel comfortable.
This means that the balance has to be right, I have to have the time and knowledge to assess which individual stocks I can value and then decide which sectors or stocks I would rather have managed by others. Since no other product can offer such a concentration of disruptive technologies (not even Ark with well over 40 stocks / tradability aside).
As I am convinced by the concept and the research is presented in a way that I can understand, I am happy to pay the 1.8%.
Others pay over €50 a year for a subscription to stock market magazines, which definitely don't offer better research in the areas I'm interested in.
In this case, I don't have to support the "greed is cool" mentality that has been drummed into society.
Yes, that's why I only invest in individual stocks that I understand and can evaluate myself. You contradict yourself by saying that I can go into individual stocks, then I have to keep track of things, but I don't want to do that in some cases because I don't know enough about biotechnology at the moment, for example.
And if I take the individual stocks, then I might also have balancing problems that I don't want with such small positions. If there's a share that costs €300 or even more, then I'm not only ruining my allocation, I'm also holding volumes that I don't want to hold in my portfolio.
I listen to my wallet, my portfolio analysis and my mind as to how I need to structure my portfolio so that I feel comfortable.
This means that the balance has to be right, I have to have the time and knowledge to assess which individual stocks I can value and then decide which sectors or stocks I would rather have managed by others. Since no other product can offer such a concentration of disruptive technologies (not even Ark with well over 40 stocks / tradability aside).
As I am convinced by the concept and the research is presented in a way that I can understand, I am happy to pay the 1.8%.
Others pay over €50 a year for a subscription to stock market magazines, which definitely don't offer better research in the areas I'm interested in.
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@Eochaid Yes, where do I contradict myself when I say I only invest in individual shares that I understand myself? If I buy the individual shares, if they include the shares in the fund, then I still don't understand them. You can do that if you just want to copy-paste, but it doesn't correspond to my idea that I understand the shares I buy and can evaluate them myself.
If it were simply copy-paste, then nobody would ever have to buy an ETF, as you can simply buy the corresponding individual shares. That's the cat biting its own tail. It's all about stock selection, timing, balancing, research, etc. In the case of disruptive stocks, I entrust the fund with a small position, but for all other things that I can evaluate myself, I do the selection and balancing myself.
This means I can simply concentrate on the stocks I focus on without having to think about the other things.
Everyone has their own reasons for investing in global ETFs, sector ETFs and so on. But that doesn't make the products any better or worse, as everyone has to feel comfortable with them.
If it were simply copy-paste, then nobody would ever have to buy an ETF, as you can simply buy the corresponding individual shares. That's the cat biting its own tail. It's all about stock selection, timing, balancing, research, etc. In the case of disruptive stocks, I entrust the fund with a small position, but for all other things that I can evaluate myself, I do the selection and balancing myself.
This means I can simply concentrate on the stocks I focus on without having to think about the other things.
Everyone has their own reasons for investing in global ETFs, sector ETFs and so on. But that doesn't make the products any better or worse, as everyone has to feel comfortable with them.
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