Buy short term treasuries bills. Duration is like 4 or 6 months with 4% yield. Invest another half with monthly average for next 12 months. Every month buy good business with fair or low price. Diversify across countries and industries.
50 % goes to t bills
5 % goes to Google in January
5% goes to ase group in Taiwan February
5% Goes to Volkswagen in Germany March
5% goes to Citi bank USA April
5 % goes to Suncor oil in a Canada May
5% what ever you recognise as good business in Japan at fair price
@BiggusDickus , your wife is in one of the prime places for an investment supercycle. The Economist notes semiconductor fabs are targeting U.S. (TSMC and Intel), Asia, and EU for investments of around U$1trn, because they want to reduce geopolitical risk.
Without thinking about China risk (which if there’s any war, we all have bigger problems to deal with), then anyone wanting to park money in a cash dividend cow for next decade should do so in TSMC.
Here’s a fun exercise. Try to find an Emerging Markets or Asia-related mutual fund that doesn’t have TSMC as its #1 holding.
I found one - Japan Fund - I guess that would be a stretch to put TSMC in it.
I hate mutual funds (I dont’ mind managed funds but want them in ETF form). My wife wants me to find emerging markets or Asia funds in her T Rowe price account, which is mutual fund only. There’s like 8 variants of the same fund with the same top holdings - TSMC, Tencent, Samsung etc.
that wasn’t even a to the moon stock for me… thought they could hold a decent business on trades, up or down, and was expecting volatility / tracking of btc to settle down if they could show some sustained performance. Obviously didn’t happen. What price you in COIN at? More or less pain than $130?
Yea, I still have a bunch of XOM. Collecting dividends and option premiums (and a cost basis in the $30s) makes up for a lot of mistakes elsewhere.
