I cannot really say if it is good time to sell or not because to be honest, you might have already seen the loss that you are trying to avoid. There is no way to tell what is right thing to do.
Here is my suggestion. You can use this time to rethink about your portfolio. Decide and then stick to it for long time period. If you keep changing then you will end up making errors. Tips to rethink the investment strategy. I suggest to divide your portfolio in two Portfolios (only mentally)
Portfolio A -: Globally diversified equity portfolio with small cap value factor investing
this can be X% VT + Y% AVUV + Z%AVDV (X, Y, Z should be based on your research on factor investing but can also be 100% X . However you should promise to yourself you will always look at this portfolio in total Portfolio A and not as individual positions of how each one is doing. For example dont try to check how is AVDV doing or VT, because the strategy is at a portfolio level)
Portfolio B -: everything else where you are investing based on thematic ETF/Stock selection. This is like a stock picking portfolio
For all practical purposes (unless you are very lucky), you should not expect Portfilio B to beat Portfolio A on long term basis. Basically all the hedge funds have this simple job and they cannot do it, so you should be happy if Portfolio B is similar to A in returns but should be satisfied even if its much lower. And if your Portfolio B wins in long run, then you can be very happy
So your total portfolio would look like following -:
Total = A% Portfolio A + B% Portfolio B
Since you know that Portfolio B will not beat Portfolio A in long term, I think you should decide your ratio of A and B accordingly.
Don’t worry and no need to apologyze, it is a valid point in my opinion. I did not talk to a financial planner, at least not in regards of my Stock/ETF buying. I read a lot last year, before I started buying VT in August. I know this doesn’t make me an expert, in fact, I’m far away from that.
My retirement money is pretty safe, this doesn’t mean that I don’t care about my IB portfolio, otherwise I wouldn’t have posted it here.
I hope my IB portfolio will be something between 10 to 15% of all my other assets, during that time, by adding monthly money from my job income and every once in a while by selling artwork. The next real estate will be paid in 2026 and the last one in 2029, then I can put some more money for a couple of years. But I don’t really plan these things.
PS: I like exotic investments, you should read my post regarding rare earth and tec metals which most (all?) repliers didn’t like. Maybe I was wrong, maybe I should have asked for opinions before I bought, but again, I can’t change it anymore. On the other hand, when looking back 30 years, I always made money. Of course also some mistakes, but overall I’m very happy about how it went. I hope this will be the same with my ETFs, and the rare earth topic in 10 years.
Thank you!
If I sell now AVUV and AVDV, I would loose approx. 120 USD. Would you agree, that they are let’s say not the best choice for my age and only for a period of 10 to 15 years?
I really want to avoid future buyings and sellings. It will not be easy and I know it will be kind of boring, but I understand that I shouldn’t do it. Instead I can do something else if I want more “action”.
May I ask your for your opinion regarding SCHG and what you would do with my current portfolio and what you would do, knowing that it is “only” for 10 to 15 years?
Just a side comment: For your risk assessment, it should also be relevant how much is “most”? Are these 80k you mentioned 5% or 45% of it? And would you actually need them in 6 years to cover your cost of living, or is it just a side and you got other income?
To be honest, looking at your reaction to drop in prices in one week, I would think AVDV/AVUV type ETFs might not be a good choice for you. So I would tend to agree with you that you might be better off with VT only portfolio.
Just that you know - I also wanted to have small cap factor but I also don’t like such high volatility, so I skipped those kind of ETFs.
Regarding SCHG -: I have no clue what that is. But it seems like it’s a Growth factor ETF for US large companies. I think VT already has some exposure to these companies. So by adding SCHG you are increasing your exposure to US stocks. Is that really what you wanted to do?
Good point
I actually own BTC since a long time. Just checked, I started buying on 11-JAN-2016. But it was nothing I believed in. I like to try new things but not with ten thousands of CHF. I stopped buying BTC some years ago and just waited. Now I started with those new Bitcoin Spot ETF (IBIT). Same thing, I will invest some money and then let it go. You probably think that this should be enough action and that more action is not needed, especially not in my IB portfolio, and I guess you are right, at least nothing with that gambling status.
You might feel I am very good investor. I am not.
I started investing by assuming I am stock ninja and I only had 10-15 individual stocks. I assumed I am smart enough to only select “good” stocks. What I was not smart enough was to stick to them. If I didn’t trade in and out, I would have definitely made much more return vs VT. But that’s not how things play out. I traded in and out thinking I can outsmart the market.
Slowly slowly I learnt , I was not really gaining anything substantial. I concluded in 3 years that it’s not worth it and I moved towards (VT + CHSPI and FLIN)
It’s like 5% according to getquin and I would like to have 10%, maybe 15%, but it depends on how much money I can make and invest during the next couple of years. I don’t want to say that I don’t need it, it is a lot of money, but my main income will come from real estate and later 2nd and 3rd pillar.
That was the thread I was thinking of, it seemed like a gamble that was losing money. Alongside your comments about timing the stock market which go against logic I worry that at 52 you might be putting too much dependency on your ability to select speculative investments
I also recall you had a large portion of your wealth tied up in artwork. If you are an expert dealer or valuer then maybe that is ok , but it sounds somewhat risky too
Let’s say it like this, I’m not used to loose money. It is new to me. I don’t get nervous or so, but if I bought something stupid (without knowing that it was kind of gambling), I would like to adjust. If AVUV and AVDV aren’t really something for someone my age, then I should swap it for VT I think.
Also regarding my question, if it would make sense to sell something bought for more money and rebuying it cheaper, in other cases this sometimes makes sense. But I learned today, that it doesn’t in this case. Of course it could, but then it is more or less luck.
Of course it makes sense to sell higher and buy cheaper and do this repeatedly. The issue is not many can do it . That’s all
And don’t think people on this forum are not trying to do this. Most likely they did at some point and learnt it’s very tough. So now they don’t try it
No, you misunderstood. I’m not worrying or nervous, I just want to make money as everyone here I didn’t have the knowledge nor the experience and when I can optimize to make more money this way, I would do so. But now I know that it is not a very good idea.
And I guess you are younger than me , so it is ok in my opinion to take higher risks to make hopefully more money. I also thought I’m smart when I bought irobot. I was sure that Amazon will buy them, but sometimes you are the dog and sometimes the tree . I still have some stocks and probably will buy some that daubasses recomends, but it will never be much money in total. Anyway, what you said makes sense to me and it is appreciated, no matter if you are wall street pro or not
It’s all good learning.
At some point in your life , you might need to invest even much larger sums - all this will help you in long run.
For example -: retirement lump sum is quite large amount of money. And if you have learnt the art of investing by then, you will feel much more confident
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