Hello fellow investors
I have registered with Freetrade little bit over one year. I just learned about investing, money value, and business in general(coming from the ex-communist country nothing was taught in schools and the mentality was safe money under the mattress) I discovered I don’t know anything about investing. With determination to learn, I went over a few books aka “the little book that beat the market” “Security analysis” by Preston Pysh “The richest man in Babylon” and much more mainly around Mr Buffet mindset. And thousands of hours on youtube. As it’s said knowledge its more valuable than money
Finally, I’m ready to create a portfolio in the current market conditions. I have two main questions and I’m not looking for advice on where to invest but more of quality of diversification and my logic. Following Warren Buffett advice and reading his books I’ve decided to go with 60% in ETFs (IUSA, VWRL) for greater exposure (the US and the rest of the world)and reducing risk. And 10% VUCP in terms of bonds. And will fill the rest 30% with individual companies which I love and will try to evaluate based on my current level and of course in an attempt to get better in picking single securities. As I said i don’t seek a piece of advice about my picks but more about if my logic is sound? And second I can’t find what’s the difference between IUSA and CSP1 except one reinvest the gains back to the fund. But is that not hurting your ability to take advantage over compound interest? My end goal is to use compound interest as long as I can.
Again apologies for the long post and my bad English but im certain I will find great value in your words