Chronicles of fat years [2024-2027 Edition]

Sadly, USD lost 12.7% against CHF in 2025.

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Next time I try to predict something, remind me how I was wrong on one topic twice in both directions within a period of few months.

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Are these returns mostly currency related (USD losing value) or is a significant change of growth pace going on here?

What’s the takeaway for a long term investor? VT is still too tilted towards US mkts, would a combination of VGK and IEMG be a better option to reduce US exposure (I don’t see VXUS listed here)?

Prediction for 2026 ? :slight_smile:

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I’ve been waiting for this final melt-up for years now!

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How is this sad, if you are paid in CHF, save in CHF, have pension in CHF?

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It’s sad because a 50%+ gold performance in USD sounds better than 40%+ performance in CHF. I think I have an irrational pleasure of large numbers :clown_face:

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:grinning_face:

In 2025 I saw +20% NW increase in CHF but +36% in USD! I guess I will pick highest number for max feel-good factor :upside_down_face:

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