So it's that time of the year again. I'm bored and prone to messing around with something that works. Buying a house wrecked my saving powers for a bit now I'm fortunate enough to top up my TFSA for the year. I already missed out on making any contributions last year because of said house and really didn't want a repeat. So with everything back on track I log into EasyEquities to take a good look at what my account is doing.
I knew it was doing well but it is still nice to see a portfolio with everything in the green. Just goes to show: like nature conservation, time plus less human contact is about the best thing you can do for your investments.
With that being said, let's change things! (I'm an anarchist).
Over the last few years I moved everything to offshore ETFs. Considering my house, RA and pension all being very much exposed to SA I think it is a good idea to get maximum offshore exposure with your other investments. Currently it looks like this:
CSP500 (stopped contributing to it in favour of STXWDM)
STXWDM
STXNDQ (30%)
Knowing very well what I just said about international exposure, I thought about introducing PTXTEN back into the mix. CoreShares will amalgamate this and PTXSPY into a new ETF in the near future (not exactly sure of the date) and the changes they are making looks good to me.
There's also the ETF5IT ETF from Stanlib which looks more tech concentrated than STXNDQ and maybe it is worth investing in GLODIV instead of STXWDM (the reason: although not a lot, it does pay some dividends and performance is not that far off the MSCI World). It is not heavy on tech stocks at all but STXNDQ/ETF5IT makes up for that.
I can sell everything in my TFSA, start again and come up with something like this:
PTXTEN / SA Property - 30%
GLODIV / Offshore - 45%
EFT5IT / Tech - 25%
But because I may not want to incur extra cost for selling off (too many) funds in place of others, maybe something like this makes more sense:
STXWDM (freeze it) and start contributing the GLODIV
PTXTEN (in favour of the CSP500 already in there)
STXNDQ (freeze it) and start contributing to EFT5IT
....told you it was the silly season