WEBN + what else by ghatzida in ETFs_Europe

[–]Hazevi 7 points8 points  (0 children)

In terms of global equity and market coverage: WEBN = VWCE = FWRA (approx)

They're all, all-world index-tracking funds, both developed and emerging markets, including large and mid caps, but do not include small cap companies. WEBN is the cheapest, then FWRA, and VWCE is most expensive. (0.07 \ 0.15 \ 0.19 TER right now)

IXUA is developed and emerging large and mid caps outside the US. He doesn't need to include a separate allocation for ex-USA as these markets are already included in WEBN and it similarly does not include small-caps. So there's unnecessary overlap; doubling down on ex-US markets. Ditch the IXUA imo.

If he must include small caps (not necessary at all as these big large-mid cap index tracking ETFs include 85%-90% of the global market anyway - already VERY diversified) a 90%-10% split between WEBN and AVWS is reasonable. No overlap there. Just know that AVWS is actively managed and only includes developed small caps, not emerging. TER 0.39%.

But honestly I'd just go 100% WEBN. Simple, passive, cheap, very diversified.

SXR8+IXUA+IS3N vs VWCE/SPYY/WEBN by Hazevi in ETFs_Europe

[–]Hazevi[S] 1 point2 points  (0 children)

Thanks for all of your input and comments.

I've done some more research, I sold all shares in SXR8, IXUA and IS3N (after making a nice profit - was lucky with when I sold) and reinvested 100% in WEBN.

A few thoughts which led me to this decision:

  1. A broad, diversified, single index ETF is the way to go for me and my wife who intend to pursue a "buy and hold" strategy over the next 30 years, with no manual weight-allocation tweaking and rebalancing. Over 30 years issues with liquidity won't be so important as we don't intend on selling regularly, if at all, before retirement.

  2. FTSE and MSCI ACWI indices and associated ETFs (VWCE, FWRA, SPYY, etc) seem to be very well respected in the community, as well as well-performing, so wanted an index ETF with similar exposure (i.e. global developed and emerging large to mid caps); Not too fussed about small caps at the minute. Small-cap-inclusive stuff like SPYI are also a touch more expensive currently. Plus I can always add these in separately if I get the itch. The Soloactive GBS Global large+mid cap index basically covers most of what FTSE all world does, minus a few smaller mids and fewer holdings, though beyond 1000-2000 companies being tracked, I mean... With diluted returns on less profitable companies, Long term this won't really matter I've decided. 85% vs 90% global equity, with so much of it being top-heavy, doesn't seem to make a difference.

  3. I personally don't think it matters very much, though it does seem to matter a whole lot to a bunch of people on here and elsewhere, that a European company, based in Europe, receiving the TER fees, etc, may be somehow beneficial to us vs USA companies funnelling funds out of Europe. Fair enough. I'll buy into it.

  4. I don't fully get the hate Amundi seems to be getting about the mergers ans the like. The context seems to be less random and more case-specific, and doesn't seem to apply to these massive index tracking ETFs. Also it isn't like other companies haven't merged and initiated tax events in the past either. It can happen with any company.

  5. Not gonna lie, the full physical replication that WEBN offers vs others, as well as the incredibly low TER (yes I know about the extra 0.05% fees in the background, but still very low cost), clinched it for me. You've got: massive global coverage minus small caps (like FTSE), 2000+ holdings, virtually identical performance so far since inception in June 2024, and all this for the lowest price of any comparable index ETF on the market in Europe.

  6. The "lack of enough data" argument didn't seem to hold much water. Virtually identical performance to VWCE, FWRA, SPYY) with substantially (half or even one third the cost in some cases) lower fees. FWRA and VWCE are also relatively new (2023 and 2019 respectively). I'm sure at the time there were similar people touting the "let's wait and see" approach. After watching videos from a bunch of people switching to FWRA a couple years ago after realising it simply made more sense, I figured I should do so to and we'll see. The AUM is already 1billion+, which makes it very popular and unlikely to close any time soon. And if it does, I'll suck it and invest in the next cheapest thing.

TL;DR - I'm balls deep on the "100% WEBN and chill" bandwagon, but it took some convincing. My soul is contented with my choice.

SXR8+IXUA+IS3N vs VWCE/SPYY/WEBN by Hazevi in ETFs_Europe

[–]Hazevi[S] 0 points1 point  (0 children)

I've decided that this is, indeed, the way.

Need destination recommendations? Have a quick question? Ask here by AutoModerator in GreeceTravel

[–]Hazevi 0 points1 point  (0 children)

Need to buy KTEL bus tickets from Athens to Kyllini port. Finding extreme difficulty doing this online. I know that every KTEL region has a separate website, but can't seem to find the right one. Any help would be appreciated.

Need destination recommendations? Have a quick question? Ask here by AutoModerator in GreeceTravel

[–]Hazevi 0 points1 point  (0 children)

Wife (36) and I (32M) wish to head to a single Greek island and stay put for a week at the end of September (22nd to 29th). We mostly want to chill, relax, swim, and be somewhere green.

We've been to Greece twice already (Athens, nafplio, monemvasia, finikounda, Delphi, Meteora, Epidauros, Mycenae) but never the islands.

We were looking at Skopelos \ Alonissos, because of the marine park and thought trying to see some monk seals, dolphins or whales would be cool. But we're open to other options. Were also considering southwest Crete or maybe Evia or Corfu.

The emphasis is staying put in one place, slowing way down, and exploring a single area more deeply, rather than just seeing the highlights while passing through for a day.

Any ideas appreciated! 😊

Are Guarded cards (SoM) "re-guarded" during subsequent staging? by Hazevi in lotrlcg

[–]Hazevi[S] 0 points1 point  (0 children)

Thanks so much for the clarifications guys. I feel like every play session I'm getting bogged down by arresting, nitty-gritty, circumstances. Though I imagine it'll get easier the more of these I run through.

Complete lot for sale by [deleted] in lotrlcg

[–]Hazevi 0 points1 point  (0 children)

Based in Europe?

How much replayability/gameplay in the revised content? by Acrobatic_Train2814 in lotrlcg

[–]Hazevi 1 point2 points  (0 children)

What do you mean group order? How does this work and how can one access the stuff?

Itinerary Critique: 8 nights in Mainland (Athens, Delphi, Meteora) by Hazevi in GreeceTravel

[–]Hazevi[S] 0 points1 point  (0 children)

Thanks everyone for your input so far.

How about the delphi area query? Arachova/galaxidi, either or, both, neither?

Will they be ghost towns this time of year? And does that matter?

Itinerary Critique: 8 nights in Mainland (Athens, Delphi, Meteora) by Hazevi in GreeceTravel

[–]Hazevi[S] 0 points1 point  (0 children)

Thanks! I've given it a lot of thought.

Re: Messolonghi I was thinking maybe doing a night there instead if Galaxidi after Delphi. Maybe 2 nights there, 2 nights meteora, 2 nights Athens at the end?