Hi all,
I’d appreciate feedback on my long-term investment portfolio, specifically on asset allocation, diversification, and ETF choices.
**Profile & assumptions:**
* Location: Germany (tax efficiency matters)
* Time horizon: 10–15 years
* Risk tolerance: Med
* Goal: Long-term wealth accumulation (not income-focused)
* 33 years old, married, and no kids.
|Asset|ETF|Weight|
|:-|:-|:-|
||
|Global Equity|Amundi Prime AC World (WEBN)|35%|
|Emerging Markets|iShares Core MSCI EM IMI (EIMI)|14%|
|Europe|Amundi Core STOXX Europe 600 (MEUD)|14%|
|World Small Cap|SPDR MSCI World Small Cap|7.33%|
|Global Bonds (EUR-Hedged)|Vanguard Global Agg (VAGF)|8.33%|
|EUR Corp Bonds|iShares Core EUR Corp Bond|3.67%|
|EUR High Yield Bonds|iShares Euro High Yield|2.33%|
|Gold (Physical ETC)|EWG2|14%|
|Thematic|Crypto & Blockchain Innovators|1.33%|
|**Total**||**100%**|
Looking for inputs on
1. Is this over- or under-diversified?
2. Any major overlaps or unnecessary complexity?
3. Does the equity/bond/gold split make sense for my horizon?
4. Anything you’d simplify or replace?
Thanks