PP in Germany

[Grinch]

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The portfolio has reached the €40,000 mark. The savings plans have been suspended since November. From now on, buying and selling will only occur when the ranges are met.
It feels like gold is currently forming a flagpole.

[frugal]

Hi

Why you stopped adding savings!?

Regards

[Grinch]

Okay, that's a misunderstanding.
I'm still depositing €1,000 into the account. So the volume is still growing. I'm just no longer buying all asset classes every month, but only when the 15/40 range is hit. Then there's a rebalancing to 4 x 25.

[frugal]

Okay, that's a misunderstanding.
I'm still depositing €1,000 into the account. So the volume is still growing. I'm just no longer buying all asset classes every month, but only when the 15/40 range is hit. Then there's a rebalancing to 4 x 25.

hi,

so only CASH is growing and waiting bands?

Why not 15-35%?

[Grinch]

Ok, you got. me

It´s 15/35

[frugal]

Hi

Have you thought to have a second US-PP?

Regards

[Grinch]

No, that is no Option

[Mayday_I]

Out of curiosity: what was the rationale for switching from buying all asset to increasing the cash portion until the rebalancing band is triggered?

[Grinch]

It's simply a matter of costs. The broker charges me a 1.5% savings plan fee for gold. A manual order costs half that.
I'm also not willing to continue buying at any price, given the exorbitantly rising gold price. I buy every month, only to adjust things again in a few months through rebalancing. I'm choosing the more relaxed path here and have little need for action now.

[frugal]

No, that is no Option

Why?

[Grinch]

I'm European. The risk or opportunity associated with the US dollar is more than adequately contained in Global Stocks. Over 70% is in North America. I don't need more. The price of gold is also traded in dollars. Gold price increases are currently only muted for euro investors. So why take more risk?

[frugal]

I'm European. The risk or opportunity associated with the US dollar is more than adequately contained in Global Stocks. Over 70% is in North America. I don't need more. The price of gold is also traded in dollars. Gold price increases are currently only muted for euro investors. So why take more risk?

Although, it had better CAGR

[Grinch]

In Euro or USD?

[frugal]

In Euro or USD?

US-PP had higher returns historically

[Grinch]

I've registered that. But I spend my money in euros. I wouldn't buy long-term bonds or cash holdings in USD. I'm also adding currency risk to my portfolio in addition to interest rate risk. So, not an option for me. Global Stocks and gold offer sufficient risk.

[Grinch]

After switching from savings plans to bandwidth, no further transactions were made apart from the monthly savings rate of €1,000. The bandwidth was not affected.

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internal rate of return
2025 = 10.84%
overall = 11.19%

True Time-Weighted Rate of Return (kumulativ)
2025 = 10.35%
overall = 30.53%

Max Drawdown on liberation Day 7.41%

Performance 2025
Stocks (VANGEIS) = 6,48%
Bonds (VGYETII) = -9,14%
Gold (4GLD) = 46,35%

The US dollar lost approximately 14% against the euro.

[Grinch]

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[dualstow]

According to google translate,
aktien, anleihen, barbestand mean
stocks, bonds, and cash balance respectively.

That’s a curious word, barbestan. Sounds like one of those breakaway republics near Azerbaijan. //Edit: I omitted the d, my bad. With the d, it doesn’t sound so much like a country in Central Asia after all.

[Grinch]

Itˋs Not barbestan, that Sounds Like babarian

Barbestand is the correct German Word

[Mayday_I]

Barbestand klingt nach... Accouting?

Interesting Update, thanks a lot!

[dualstow]

Itˋs Not barbestan, that Sounds Like babarian

Barbestand is the correct German Word

Whoops, sorry about that. Will edit

[frugal]

3 fantastic years!

Last 13 weren’t like this unfortunately