Posts for tag #Basic
Part 4 - Bonds
June 6, 2026
After 2022 broke the assumption that bonds cushion a stock crash, I trimmed longer bonds to just 10% of my portfolio: 5% in an EUR investment-grade corporate bond fund, and 5% split across two EM bond funds for extra yield. Worth the risk, in combination with my other assets.
Part 5 - Cash equivalents & gold
June 6, 2026
The simple part of my portfolio: up to 10% in ultra-short EUR bond ETFs for cash, and 5% in physically-backed gold ETCs, split half hedged and half unhedged since gold is priced in USD. Both asset classes are volatile in their own way, so I keep the setup deliberately boring.
Part 6 - Complete portfolio
June 6, 2026
The complete, fund-by-fund blueprint: 14 ETFs and ETCs at a blended cost of about 0.20% a year. Return potential, risk diversification, and underweighting the US all check out - my direct EUR exposure, at just 25.5% against a 40% target, remains the one weak spot.
Part 7 - Checking performance
June 6, 2026
I backtested my retirement portfolio with two independent tools. Both confirm my 6.0-6.4% expected return baseline, with volatility around 10% and a realistic long-run Sharpe ratio near 1. My realised regional allocation (31% Europe, 44% US, 25% Other) also lands almost exactly on target.