Thanks a lot all who replied so far, it’s being a really nice discussion and definitely a lot of learning (at least for me as I have less experience than most of you). Here replies to some previous points:
I have read different things (in this forum and somewhere else) so, since I may have got it wrong, here is my understanding as I also wrote on one of my previous replies:
- For funds registered at ICTax, The Swiss tax authorities will tax distributed dividends, but also the value appreciation part that is caused by accumulated dividends.
- this means that whether that dividend sum is distributed to you or accumulated in the fund, will get taxed anyway and in the same way
- In case the fund is not registered at ICTax, they don’t know which part of the value appreciation is caused by accumulated dividends and which by increase in value price (capital gain, which is not taxed), they will tax the whole appreciation.
TL;DR Given the above, Dist vs Acc it doesn’t matter from tax perspective. Did I get it wrong? (I fear the answer is yes, but better ask)
The ratio 25/10 is not that specific or scientific, but the choice of VOO+VB instead of VTI is because VTI has very small exposure to small-cap, 5.47% according to MorningStar. Probably my 25/10 does not reflect the marked distribution so probably should rethink this as well.
Well, QQQ is not full tech despite what many tend to believe. To be precise is “only” 56% Tech, but has also pharma/healthcare, consumer defensive, etc.
Agree, thanks a lot. I’ve realized EU weight is too big. And I had overlooked the overexposure to Australia and HK. I will look for one only European ETF and review the Asia (ex Japan) one.
This is the thought I’m having in the back of my mind too… I think I will probably keep a small amount to invest directly into stocks.
Thanks a ton, loved it