6G·

If only I could advance every position like this

But yes, the budget is limited

Unfortunately, Ing doesn't have a savings plan and since I've said goodbye to TR completely, it's been one-off purchases since May.

Yesterday, thanks to the Getquin widget at work, I saw that 🍊 must have made another one. So a few bucks could go back into the portfolio.

24.05

VanEck VanEck Developed Markets Div Lead ETF

Acquistato x16 a 43,15 €

690,32 €

29 Commenti

ShrimpTheGimp🦐@ShrimpTheGimp

I absolutely understand. I set up a special SC account for an ETP (iShares Bitcoin) and transfer my custody account after a few years. But basically the fees at ING are also limited, at least as long as the sum is higher. And of course you have maximum flexibility when buying with ING. Everything with one broker is very convenient.

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Nadir-Momentum@DoppelSchlechtMinus

Crypto ETPs are even more expensive at SC from 1800 euros or so, because the spread premium gets higher and higher as the amount increases, but the fee at ING is always lower in relative terms.

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ShrimpTheGimp🦐@ShrimpTheGimp

@DoppelSchlechtMinus That is correct. However, the amount is not that high for me. I have a savings plan for €250. Costs 1% extra, i.e. €2.50. I'd rather have it every month before I invest a larger sum. And then have to save first 😉

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ShrimpTheGimp🦐@ShrimpTheGimp

@ShrimpTheGimp and you also have a spread with ING. But not very high during regular trading hours. Believe in the 0.2%

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Nadir-Momentum@DoppelSchlechtMinus

@ShrimpTheGimp I think ING and SC even use the same trading venue for the ETPs, so the spread should be identical, only the broker's fees are different. It's been a while since I made a detailed comparison, but I decided to keep my ETP at ING for rebalancing purposes (i.e. one that is taxed as a security). I only save BTC physically in the long term.

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Tom@Tom_laeuft

I also have the VanEck in my depot. It's a really "cool piece of shit" 😁🍻

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Golden Boy@randomdude

@Tom_laeuft At least until the next banking crisis 😁

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Tom@Tom_laeuft

@randomdude The next banking crisis will be like the last one in 2007/2008. The taxpayer will pay for everything afterwards🍻

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Dividende > Zinsen@GoDividend

@randomdude It always affects one sector or another

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Nadir-Momentum@DoppelSchlechtMinus

@Tom_laeuft But the billions in tax fantasies that have been burned won't help you much either. Take a look at what the STOXX index of European banks has done from 2007 to today. If the $TDIV had already existed back then and had consistently weighted the banks as highly as it does now (which of course it wouldn't have done), its price would probably still be lower than it was 18 years ago and it wouldn't have had such high distributions for years. I also have the ETF, but I wouldn't underestimate the risk quite so much.

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Tom@Tom_laeuft

@DoppelSchlechtMinus I don't quite agree with you there. I don't want to play it down. There is always a risk of a crash. Most indices were back to their levels before the subprime crash after around 6 to 8 years. A few banks were closed or placed under state supervision. Two years later, most banks had paid out bonuses again as if the crisis had never happened. And the banks are as greedy as they were back then.

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Nadir-Momentum@DoppelSchlechtMinus

@Tom_laeuft Bonuses for whom? The small investors? According to the index data, they would still have been down 70% two years later, including dividends, if they had fully invested in banks. And still 12 years later.
It's not about the risk of a crash in general, but about the cluster risk of such a high bank weighting as in this ETF. In any case, I make sure to mitigate this somewhat. And I guess that's what @randomdude was getting at with its somewhat more succinct comment.

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Golden Boy@randomdude

@DoppelSchlechtMinus Exactly! I wanted to draw attention to a very obvious disadvantage of this ETF. I find it strange that it has been hailed as the ultimate for a few weeks now because it has come through the recent crisis well. Previously, there were other community favorites that were quickly dropped when they temporarily fell behind. The thinking is often very short-term and short-sighted.

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Dividende > Zinsen@GoDividend

@randomdude I think it's right and important to read critical opinions. It may help some of you to become aware of a risk and to adjust the weighting in your portfolio accordingly

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Oktoberfest@Oktoberfest

@DoppelSchlechtMinus There are rumors that this ETF is also rebalanced every six months, perhaps the weighting was just right in this situation. You never know. I'm satisfied and I don't know what will happen in the future. Only Buffet and co. can do that.

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Golden Boy@randomdude

@Oktoberfest To be honest, I wouldn't rely on rumors when investing money 🤔

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Visualizza tutti 11 ulteriori risposte

Oktoberfest@Oktoberfest

I save 1100€ per month in the ETF, but only on the 1st of the month. That also works. I'm very happy with the ETF

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SGP@Koenigmidas

I like one-off purchases and individual shares 😉

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