Hi everybody.
I'm building up a portfolio using the approach "#etfsETFs only". I still don't feel confident with single stocks and I don't think stock-picking is the best option for me.
As for now, my asset allocation is the following:
$SPYI (-4.25%) 28%
$C3M (+0.09%) 12%
$MEUD (-5.16%) 10,7%
$GLDA (-2.08%) 10,3%
$EIMI (-4.5%) 9 %
$WITS (-4.16%) 8,7%
$PHPP (-2.62%) 4,3%
I'm going to set $SPYI (-4.25%) +$MEUD (-5.16%) as my core pf , increasing both sizes until they get to 35% and 20% respectively. I don't like bonds in general, so basically I try to decorrelate making use of gold, precious metals and also monetary funds.
What do you think about the whole thing?