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Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 04, 2018 5:20 am
by frugal
frugal wrote:D.J. wrote:@frugal: I am comfortable with currency risk at 20% in USD, for the benefit of having exposure to US economy.
@WhiteElephant: If that's concerning local taxes, we have a fixed capital gains tax on everything so that does not affect me.
@stuper1: Thanks, good catch! I've changed that to iShares Treasure 20+ (
TLT).
I've also added C3M (Amundi short-term bonds EUR) and SHV (iShares short treasury bonds USD) for cash allocation.
hi
what if one day 3 USD = 1 EUR ? (changed)
Do you think USPP will do better than EUPP ? Why?
Regards
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 04, 2018 6:03 am
by D.J.
In that highly unlikely event, I would lose ~14% of the portfolio (but I'm sure the EU part would grow that much more as a consequence). I don't see any of those two extremes happening. That said, if I would have to bet on likelihood, I'd say it's far higher for the EUR to get devalued against the USD than vice-versa.
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 04, 2018 11:18 am
by frugal
D.J. wrote:In that highly unlikely event, I would lose ~14% of the portfolio (but I'm sure the EU part would grow that much more as a consequence). I don't see any of those two extremes happening. That said, if I would have to bet on likelihood, I'd say it's far higher for the EUR to get devalued against the USD than vice-versa.
I agree
do you have it in the same broker?
or one in US broker and another in EU broker?
Regards
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 04, 2018 2:04 pm
by D.J.
Same broker. Haven't looked into other options yet. Need to start investing, then when the portfolio grows so will the diversification for all elements.
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 20, 2022 10:53 am
by frugal
Hello EU-PEERS,
Any news regarding your EU-PP portfolio?
I would like to know if you found new and better ETF's ?
Regards!
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 20, 2022 1:06 pm
by D.J.
I've been happy with CSEMU for stocks and DBXG for bonds plus cash and physical gold.
I also added a large portion of variable portfolio to just VWCE/VWRA for global stocks.
Re: Permanent Portfolio in Europe (follow-up)
Posted: Sun Mar 20, 2022 3:44 pm
by Vil
For the European PP using SXR7 and SXRJ for the stock piece . Piece of DBXG and (mostly) DBZB for the bonds. There are evidences that global bonds (as DBZB) may benefit EU investor for various reasons. See for example
nice article from Vanguard.