7Mês·

Portfolio presentation

Hi dear GQ community,

After some back and forth. And learning and getting advice, I have finally finished my portfolio.

I have now divided it up as follows:

65% -> B&H per savings plan
35% -> 2xSpytips-Cool-Strategy

At this point, first of all a huge thanks to @Epi and to @SemiGrowth for your patience and advice regarding the 2xSpytips strategy and the improved version of the 2xSpytips Cool strategy.

As follows, I have now restructured my portfolio today:

B&H strategy:

$IWDA (+0,32%) -> 25% -> Broad diversification

$O (+0,19%) -> 20% -> Dividends

$EIMI (+1,58%) -> 10% -> emerging markets

$BTC (-0,77%) -> 10%

2xSpytips-Cool-Strategy:

$CL2 (+0,27%) -> 35%

I think I will do better in the long run with this portfolio than with the previous one. I can also sleep well with this one.

I follow both strategies so that if the 2xSpytips-Cool strategy is no longer profitable or doesn't perform well for whatever reason, I don't lose 100% of my investment.

And now it's your turn, I'm curious what you have to say and please stay objective 😊😅.

5Posições

1,86%

14 Comentários

Stefan@Da_Fischi

7Mês

Hope you can withstand the next drawdown (-60% in 2020), because normally the Amumbo $CL2 is added to a small extent and not used as a basis. But higher risk can also mean higher returns.

•

Ver todas as 6 restantes respostas

Epi@Epi

7Mês

Looks good already. With your strategy diversification, you're definitely 90% ahead of the Qins. 👍

Two comments:
1. $O doesn't really fit into the ETF strategy as a single stock. Different risk profile, no diversification in REITS. Why not 30% in an EM dividend ETF? $SEDY? You kill two birds with one stone: EM + high divis.

2. in your 2xSpytips interpretation you are betting on St. Amumbo. But this is not currency-hedged, i.e. here you are exposed to currency fluctuations with double leverage. That would be too tricky and too expensive for me, and I don't do it either. I prefer $DBPG. You can see what I mean from the YTD performance.

Otherwise, good luck!

And always remember: consistency brings success. If a strategy doesn't perform well for a while, it helps to look at the past to see that this is normal and will be replaced by better periods. 👍

•

Laro@Laro

7Mês

@Epi Thank you for your feedback 😊.
As I already had $O and couldn't part with this share 😅 I decided to go in this direction. It's also doing quite well at the moment. So from my old portfolio I picked out the 3 that performed best, i.e. were clearly in the black. I kept $BTC because SemiGrowth advised me not to sell it. That's why I doubled the budget there again. And I also increased Realtiy Income by another 5%. The rest was taken over 1:1 from the old portfolio.

I sold 9 assets today, which really took a bit of a hit with a fee of €1 per sale. But I have confidence in both strategies and am confident that this minus will soon be gone 😊.

•

SemiGrowth@SemiGrowth

1Mês

@Epi Do you have any information on hedging $DBPG? According to my research, it is no longer hedged. According to my software, an SP500 should have run 27% (instead of 11%) twice in the annual period.

••

Epi@Epi

1Mês

@SemiGrowth Have you considered the leverage decay effect of factor ETFs? The unhedged $CL2 looks even more pathetic.

••

SemiGrowth@SemiGrowth

1Mês

@Epi my software is correct (it is even conservative with 3.5% financing costs. Of course I pay attention to the decay, I'm not a beginner xD.
according to s&p the index has even made 28.5%.
https://www.spglobal.com/spdji/en/indices/other-strategies/sp-500-2x-leverage-daily-index/#overview

That's why I don't really understand the performance difference to be honest. The $CL2 is of course on the msci usa but performs almost identically. The index has risen by 29.5%:
https://www.onvista.de/index/MSCI-USA-LEVERAGED-2X-DAILY-SHLE-UHD-Index-153374632
Both are not hedged. But I thought the $DBPG was hedged or did I just imagine that?
If not, then the difference between the ETFs is inexplicable to me.
The FX fluctuations are double weighted, so the 12% is roughly 24% (which should put us somewhere around +5%, i.e. exactly between the $CL2 and $DBPG )

•

SemiGrowth@SemiGrowth

1Mês

@Epi ahh, I found out. The fund currency is EUR at $CL2. But what exactly does that mean? Both have performed significantly worse (than a hedged index).
Is the difference that with $DBPG you only have one currency in it (fund currency to buy currency) but with $CL2 twice (the leverage within the fund)?

•

Epi@Epi

1Mês

@SemiGrowth Yes, that's how I would explain it: in $CL2 the USD is also leveraged.

That's what made the Amumbo so popular over the years (it's gone quiet now 😬): USD and S&P500 have often moved inversely, so the drawdown was below average and so was the leverage decay effect.

•