Non-US Investing • [Argentina] Looking for advice on my first investment

Hello, I’m looking to invest long-term to save for my retirement/future house. I’m a 19 y/o argentinian, I know next to nothing about investing/finance and honestly I would prefer to mostly keep it that way as I see investing as a chore. My time horizon would be in the 20-30 year ballpark. I’ve skimmed the “Getting started” page on the boglehead wiki and I’ll be sure to do at least some research, but I’ve been putting off investing for like 6 months now and I want to “break the ice”; put my savings somewhere so that I don't feel pressed by inflation anymore. My hope is that, whenever I get around to rebalancing, I’ll have learned a thing or two about what I’m doing. I have no emergency fund (so far) as I have little to no expenses and no debts, I’m a university student living with my parents. Still I’ll be sure to make one in the near future.

My current savings are in the ballpark of $600 usd That said, there are a couple problems Im facing investing from Argentina:

• My choices are ridiculously limited, I’d like to put everything into VTI/VXUS (basically follow what the wiki says) but using an argentine broker I can only access the following ETFs:
  
• I don't think I can access foreign bonds and I have -∞ trust on argentine bonds, I think I’ll go 100% on stocks? I don't think it matters all that much being so young, but it’s a problem I’ll have to deal with eventually when rebalancing. If 100% stocks is financial suicide please do tell.
• I have no idea what information I should keep track of. I suppose I’ll have to make an excel or smth but I don't really know what to write down.

So if you would be so kind as to give some advice on which ETFs I should choose and what percentage I should allocate to each one I’d be very thankful, I’ll stick to that for one or two years. And also if it’s not a bother, could you please explain your reasoning or mention the tools used to reach the distribution proposed? I’ve tried doing this myself, but I have no idea how to compare the ETFs or how many I should use. I used this website https://www.etfrc.com/funds/overlap.php with the basic assumption that “the less overlap the better” but the portfolio builder is behind a paywall so that was that. Looking for posts by other argentinian investors on reddit I’ve seen someone recommending SPY/IWM in 90/10% ratio, is this sound? Any idea where this might come from? In any case, thank you for your time.

Statistics: Posted by fullaccess — Thu Dec 05, 2024 8:50 am — Replies 0 — Views 27

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