Pretty much the title. You guys know Ben Felix? He has an awesome YouTube channel and he once said something among the lines of “the best portfolio is a globally diversified portfolio”, which is something I definitely can get behind. But even tho I’m 27 years old and have a good, stable career, I’m also from a country with a heavily devaluated currency, meaning that each month I make less and less US dollars and therefore my risk tolerance is as close to zero as you can imagine, hence the focus on ETFs.
The point is that with the new year, I wanted to revisit my strategy and get your input to see what I can do better. My portfolio currently looks like this:
- 35 stocks of SCHD (tracks the Dow US Dividend 100 index).
- 40 stocks of XLRE (pretty much a REIT ETF).
- 40 stocks of VXUS (international stocks).
- 50 stocks of SPLG (the S&P500).
I definitely have some bias towards the US, specially since I wanted to add a mid-cap ETF (maybe IMCB or SPMD). I also don’t invest in bonds, which I’m fine with given my age but I’m open to suggestions.
So, what do you think? How can I make this more globally diversified? Do you have a better idea?
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