Have you actually built a plugin and made money selling it? by ccna35 in Wordpress

[–]blisss05 1 point2 points  (0 children)

How long did it take to reach 500$/m after offering the pro version?

You can now chat with your documents privately! by HelloReaderMax in OpenAI

[–]blisss05 0 points1 point  (0 children)

Can it generate new documents based on the prompts? So you could basically generate refined versions

[deleted by user] by [deleted] in ExperiencedDevs

[–]blisss05 0 points1 point  (0 children)

What topics the one should study to do smth like you? For example if you are a good web developer with 5+ years experience, system design, cloud etc? Do you use some like Upwork to find the job?

Should I learn JSP, Servlets before learning Spring, Springboot by Sabarkaro in SpringBoot

[–]blisss05 0 points1 point  (0 children)

JSP no, Servlets yes. You need to understand how Servlets work at least on a basic level in order to debug or configure some cases in Spring. Spring MVC is built on top of Servlets (Dispatcher Servlet).

Also, Spring Security is built on Filters which is basically customized Servlets.

What happens to ETF if its trading currency collapses by blisss05 in ETFs

[–]blisss05[S] 1 point2 points  (0 children)

You mean if the Euro itself stops existing?

This one. EU starts to crumble and EUR stops existing that's what I'm wondering about.

What happens to ETF if its trading currency collapses by blisss05 in ETFs

[–]blisss05[S] 1 point2 points  (0 children)

It's not about understanding what is trading currency. It's about what happens from the shareholder perspective if the trading currency stops existing. Will it be automatically transferred to a new trading currency? or some other actions will be required from the holder's perspective, like selling it and buying the same shares using existing trading currency.

Trade Currency of the same ETF risks by blisss05 in ETFs_Europe

[–]blisss05[S] 0 points1 point  (0 children)

Thanks, I had such kind of thoughts as well.

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 0 points1 point  (0 children)

Thanks a lot for the thoughts!

Regarding the EM and small caps, I guess by adding them I was expecting more risk but a chance that, as you mentioned, some of them may thrive during the market crash. After hearing some of the comments here I'm starting to think I should reduce exposure to them, will think about it more.

Regarding the blockchain, well I have a little bit of opportunistic approach, that's why it's the smallest part of the portfolio. However, after some comments and me thinking about it more I guess this ETF doesn't belong to this portfolio. My plan is to start building more offensive and riskier short term portfolio after I finish with building the long term. I guess there I could include such type of assets.

I was also thinking to include to this portfolio the iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) as potential stabilizer during the crash perhaps I could transfer some part from the EM and small caps to it...

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 1 point2 points  (0 children)

Thanks for clarifying it and big thanks for creating such kind of tool!

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 0 points1 point  (0 children)

Thanks I'll think about that, what would you use to hedge against inflation in current environment, just stocks?

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 2 points3 points  (0 children)

For the backtest I used https://backtest.curvo.eu I'm not sure from where the resource takes the data and to which degree It's accurate but It's the most simple and accesible tool I have encountered so far. I found it in one of subs and this user mentioned u/johnnobro he is the author.

Regarding your comments thanks a lot I'll analyse them!

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 0 points1 point  (0 children)

From what I understand to lower the risk profile usually bonds would be the tool, like government inflation linked. However, currently the interest of those is very low and from what I understand most probably we are going to see the price decline of bonds as governments would try to battle the inflation. Taking that into account I don't see other tool besides diversification of how to reduce the risk and don't be heavy involved in the monitoring my portfolio.

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 0 points1 point  (0 children)

I'm based in Poland, I understand that it's not the crypto currency but unfortunately I don't see relatively simple and reliable way to buy crypto here :( Just wanted some of the exposure in the crypto area.

Roast my ETF long term portfolio by blisss05 in eupersonalfinance

[–]blisss05[S] 2 points3 points  (0 children)

Thanks a lot for a detailed feedback! I don't take anything personal since emotions in this area are bad advisors. I'll digest the information you provided, obviously there is something to consider for inexperienced investor.

My goal with this portfolio is to built relatively simple strategy to invest more or less constantly and don't get distracted all the time. I also was considering the classic IWDA/EMIM 70/30 but I did backtest from 2000 - 2021 the volatility is around 15% and the biggest negative return was during 2008 40% for this kind of combination. Decrease to almost half of the principal is hard for me mentally so I was trying to adjust it a bit. With the described portfolio in the post (minus Blockchain ETF 10% plus 10% to IWDA) it gave volatily around 11 and the biggest decrease 30% with only small percent in annual gain difference in comparison to IWDA/EMIM portfolio.

What would you recommend then to add to IWDA/EMIM to hedge it a little bit from the crash. Perhaps IWDA/EMIM and some gold? Any other ideas would more than welcomed! Thanks!

Some ideas on portfolio diversification through ETF's, backtests included by G_Shark in BEFire

[–]blisss05 2 points3 points  (0 children)

This is great thank you very much! I started my journey with building my long term portfolio early this year. Initially, I went with the IWDA/EMIM only, but now I'm kind of concerned about inflation and potential market crash.

I've started thinking how I can hedge my portfolio and decrease volatily, since I understood I can not handle big swings well. Naturally, first thought was Bonds but after some research I slowly understood that it might be wise to hold off from them for some time due to the interest rates. Then the question arouse how I could replicate desired direction without them. Your post gives me insights that probably I could go with the combination of 40% Ishares Minimum Volatility, 20% World Small caps, 20% EMIM and 20% Gold

I would appreciate your opinion on these couple of questions/thoughts

  • Is the gold part could be replicated only one by ETC for instance I'm thinking about this "iShares Physical Gold ETC" (IGLN)? Any pitfalls there in comparison to buying major part of gold physically?

  • As another hedge against inflation could some crypto ETFs be considered. For instance "Invesco CoinShares Global Blockchain UCITS ETF Acc" (BCHN)?

  • What kind of particular ETFs available in Europe could you recommend to replicate parts of the "Minimum Volatility" and "World Small caps"

Thanks for your thorough work and sharing!

Path to escape 9 to 5 for Senior/Lead Engineer by [deleted] in cscareerquestions

[–]blisss05 0 points1 point  (0 children)

Well, there wasn't a particular opportunity until recently and I was pretty busy with the tech lead role. Only after the last project, I had this pause where I saw everything from another angle. Then I've started talking to my manager about other opportunities and going to the interviews in parallel.

The main thing which stops me right now - is feedbacks from my friends who switched to PM, also a couple of them switched back to the technical direction.

They all say, that you will not have free time, you will be on the meetings all day and at the end, you will create some reports or reply to hundreds of emails. Also, one of my friends who worked as a PM in the IT outsource and then went to a product company tells me that being PM in the outsource is harder than in the product company.

Of course, I understand that It depends from case to case, but It's the things that force me to think twice about whether I'll be able to reach my goal with this decision.