What to do with 15% of cash in portfolio?

Investing / Portfolios
1

Hi,
I have been investing mostly by trial and error until I found this forum.
I would like to get your feedback and suggestions about my current portfolio and how to optimise it.

For the context, I am self-employed Swiss tax resident on B permit and I consider moving to EU country within the next couple of years.

My current portfolio:

  • 53% real estates (~50% of them commercialised)
  • 21% ETFs at IB
    . 35% CHSPI
    . 33% VT
    . 12% VOO
    . 15% HEU
  • 17% cash (mostly in CHF)
  • 7% shares at IB (GOOG, TSLA, AAPL, KO)

My questions:

  1. What do you think about this portfolio? What would you change?
  2. What to do with cash?

Thank you a lot for any honest feedback!

2

Maybe start by explaining why you made those choices? For instance for the equity part, what are you aiming to gain compared to e.g. dumping all your equity in VT? What is the theory behind outperforming the broad index?

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3

when do you plan to retire?

what’s the (average annual) return you want/need and what’s the return you expect to get with your current setup?

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4

What is the composition of the real estate part?
Is it composed of your residence? Do you own REIT or other specialised funds ?
Is it highly oriented in dividends and how is it taxed ?

On the equity part the pondération of CHSPI seems quite high as it very concentrated and represent only of 3% on total world capitalisation.

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5

what are you aiming to gain compared to e.g. dumping all your equity in VT? What is the theory behind outperforming the broad index?

I had a theory at the time of buying but from the perspective of time it seems to be mostly hype and FOMO.

6

I have practically retired already. I am self employed for being able to renew my residency permit and to have a structure to do a fun project once in a while.

I want ~4% of annual return so, I guess, I need 4% plus inflation.

I don’t know what I expect but I hope for 5% of return from my investments.

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7

My residence plus several estates that are rented either long term or short term.

It is taxed as income from rentals.

8

that sounds rather ‘cloudy’, but maybe i’m wrong. do you have some kind of a long-term budget, like expected income & expenses (incl. taxes & inflation) for the next 20+ years or so? if not, i’d probably start calculating to get closer to having a plan. potential changes for the portfolio may or may not follow.

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