Hi Bogleheads,
I'd love to get your advice on my lazy portfolio of ETFs, but first a bit of context.
Just three months ago I had my money split 50%-50% between my bank account (shame on me) and a pension fund. Then I bumped into a personal finance podcast, learnt about passive investing and Bogle's philosophy, read a few books and did my homework, so the scenario changed as follows.
Country: Italy | Age: 45 | Italian resident, but potential relocation in sight, not before 2/3 years though.
Asset Allocation: 65% Stock; 25% Bond; 10% Gold (I go global, no home bias).
House of property, no other debts but at home we rely on my sole salary and we have a kid of 9.
Pension fund with asset allocation 60% stocks and 40% bonds.
Total Assets allocated as follows:
- Cash on bank account = 15%. I know it may look a lot, but as Morgan Housel says, this is what makes my sleep well at night.
- Short term Liquidity = 30% on a Deposit account with a 4% gross annual yield (this is a promo, when over I will perhaps move to Monetary ETFs).
- Medium term fund = 25% on Italian Government 5 years bonds returning 4% yield, money meant to fund College/University.
- Long term ETFs lazy portfolio = 30%. Started with lump sum and will keep doing DCA. Average weighted portfolio TER 0,16%.
My ETFs portfolio, on which I'd like to get your feedback, started as a Golden butterfly and evolved into my own version of it. I decided to use more ETFs, so I can better customize weights in the future if I need/want. The structure is:
STOCKS: MSCI World (SWDA) 36%; S&P 500 (VUAA) 11%; MSCI Ex US (EXUS) 6,5%; MSCI Emerg. Mkts (EIMI) 5%; MSCI EU small caps (XXSC) 3%; Russell 2000 (XRS2) 6%.
BONDS: EU Govt Bonds 7-10 Yrs (EM710) 18%; EU Govt. bonds Info Linked (EMI (3,5%); High Yield Bonds (XHYA) 1,5%
GOLD: SGLD 10%
Sorry for the very long post. Looking forward to hearing your suggestions.
Cheers
Raf
I'd love to get your advice on my lazy portfolio of ETFs, but first a bit of context.
Just three months ago I had my money split 50%-50% between my bank account (shame on me) and a pension fund. Then I bumped into a personal finance podcast, learnt about passive investing and Bogle's philosophy, read a few books and did my homework, so the scenario changed as follows.
Country: Italy | Age: 45 | Italian resident, but potential relocation in sight, not before 2/3 years though.
Asset Allocation: 65% Stock; 25% Bond; 10% Gold (I go global, no home bias).
House of property, no other debts but at home we rely on my sole salary and we have a kid of 9.
Pension fund with asset allocation 60% stocks and 40% bonds.
Total Assets allocated as follows:
- Cash on bank account = 15%. I know it may look a lot, but as Morgan Housel says, this is what makes my sleep well at night.
- Short term Liquidity = 30% on a Deposit account with a 4% gross annual yield (this is a promo, when over I will perhaps move to Monetary ETFs).
- Medium term fund = 25% on Italian Government 5 years bonds returning 4% yield, money meant to fund College/University.
- Long term ETFs lazy portfolio = 30%. Started with lump sum and will keep doing DCA. Average weighted portfolio TER 0,16%.
My ETFs portfolio, on which I'd like to get your feedback, started as a Golden butterfly and evolved into my own version of it. I decided to use more ETFs, so I can better customize weights in the future if I need/want. The structure is:
STOCKS: MSCI World (SWDA) 36%; S&P 500 (VUAA) 11%; MSCI Ex US (EXUS) 6,5%; MSCI Emerg. Mkts (EIMI) 5%; MSCI EU small caps (XXSC) 3%; Russell 2000 (XRS2) 6%.
BONDS: EU Govt Bonds 7-10 Yrs (EM710) 18%; EU Govt. bonds Info Linked (EMI (3,5%); High Yield Bonds (XHYA) 1,5%
GOLD: SGLD 10%
Sorry for the very long post. Looking forward to hearing your suggestions.
Cheers
Raf
Statistics: Posted by snowraffo — Sun Dec 15, 2024 8:40 am — Replies 2 — Views 101