All Articles
Hedging: yes or no?
July 29, 2026
Hedging against USD swings isn't free: the real cost is the interest rate differential between the US and the Eurozone - currently ~1.32% a year. These cost are not visible in the fund's TER. On a 4% USD yield, hedging eats a third of it. My rule: EUR exposure for most bonds, part of equities, rest unhedged.
Some important loose ends
July 28, 2026
The series on building my retirement portfolio skips five things that matter just as much as the portfolio itself: taxes, what to leave behind, adapting the plan over time, an emergency fund, and knowing when to stop managing it yourself. The first one deserves the most attention.
A simpler portfolio setup
July 27, 2026
An 8-fund alternative to my full 14-fund portfolio, for less day-to-day complexity. Costs are about the same (0.22% vs 0.20% TER), but it comes with trade-offs: more concentration per fund, less visible EM exposure, and lower direct EUR exposure. Worth to take a look at if you'd rather keep things simple.
Portfolio Setup Summary
July 10, 2026
A retirement portfolio for income, built step by step in 8 posts: how I set my objectives, screened and picked ETFs, assembled the complete portfolio, and now manage it. This is my real portfolio, not a theoretical exercise - I started converting a large part of my assets into this exact setup in summer 2026.