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However, it should be borne in mind that some of the stocks included, especially the German stocks, have now undergone a hyperbolic development in which a great deal is already priced in and disappointments are inevitable due to the expected incompetent decisions of our sham political elite. If you want to be a little safer, allocate both ETFs 50:50.
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@Stonedeath I agree. $RHM and co. are the new Gamestop. But the risk of going down is lower with a broadly diversified ETF. I did exactly as you suggested. I now hold two defense ETFs. One World with the usual USA component and the one mentioned above. There are of course a few overlaps, but I don't want to get bogged down with individual stocks. I recently took another look at $HAG with its absurdly high current valuation and a P/E ratio of 696. I had the share when it was around €30 and sold it a long time ago because I thought it was exhausted. But that was before Trump.
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@Stonedeath maybe a good moment to grab single stocks from the etf e.g. Saab which are still slightly undervalued i believe that a lot of money will come in also through this etf and most of the rhm will be winners