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> So the question to ask soon is how will you prepare for the post-recession recovery? I have decided to put every penny that I don't need for another 10 years

> So the question to ask soon is how will you prepare for the post-recession recovery? I have decided to put every penny that I don't need for another 10 years into a handful of accumulating ETFs (and 3 stocks I personally believe in), every single week, for at least the next 12 months and, if possible (i.e., for as long as I have surplus money), for the whole next 10 years. If this time is anything like 2000 or 2008 was, then I will be buying relatively cheap for the first part of these 10 years, and will see a solid return in the second part. How long the first part and the second part will be, this I don't know. My bet is that after 10 years, this won't have mattered that much. Would love to hear what HN thinks about this.

orev 7y ago
You should do some reading about balanced portfolios and risk tolerance. Putting everything into ETFs (you didn’t say which ones, so I’m assuming stock-based ones) is very high risk. Target date funds are good to look at since they automatically adjust risk based on your age. Many people think this approach is not exciting, but you can see what the past week has brought for people who think like that.
- ManuelKiessling 7y ago
  Understood, and thanks for your feedback! Some more details. This is my most risky investment approach, by design. I only put in money that I'm sure I won't need for at least another ten years. Not that it wouldn't really badly suck, at least psychologically, if I'd loose all that money (I'm not rich or anything), but I don't need it to "survive". "Don't need" means that it is the money that remains after all my expenses, and after keeping my emergency fund in good shape (which is currently good for at least 6 months of emergency). Also, this is not my retirement portfolio. It's a bet to multiply money I can risk. For actual "at least I'm not going to end up poor" retirement stuff, I'm paying into the German state pension, "Riester" and other non-state pension products, and by holding real estate. ETFs are tracking MSCI World, DAX Performance, EURO STOXX 50, MSCI USA, STOXX Europe 600 Personal & Household Goods, FTSE China 50, Healthcare Innovation. A small part goes into Gas & Oil ETFs and FTSE MIB.

orev 7y ago

You should do some reading about balanced portfolios and risk tolerance. Putting everything into ETFs (you didn’t say which ones, so I’m assuming stock-based ones) is very high risk. Target date funds are good to look at since they automatically adjust risk based on your age. Many people think this approach is not exciting, but you can see what the past week has brought for people who think like that.

ManuelKiessling 7y ago
Understood, and thanks for your feedback! Some more details. This is my most risky investment approach, by design. I only put in money that I'm sure I won't need for at least another ten years. Not that it wouldn't really badly suck, at least psychologically, if I'd loose all that money (I'm not rich or anything), but I don't need it to "survive". "Don't need" means that it is the money that remains after all my expenses, and after keeping my emergency fund in good shape (which is currently good for at least 6 months of emergency). Also, this is not my retirement portfolio. It's a bet to multiply money I can risk. For actual "at least I'm not going to end up poor" retirement stuff, I'm paying into the German state pension, "Riester" and other non-state pension products, and by holding real estate. ETFs are tracking MSCI World, DAX Performance, EURO STOXX 50, MSCI USA, STOXX Europe 600 Personal & Household Goods, FTSE China 50, Healthcare Innovation. A small part goes into Gas & Oil ETFs and FTSE MIB.