Nana Money

Aug 4

+n is a multipler for a simple longterm dca buy and hold strategy.
Position sizes example: +5 +5 +10 +10 +15 +15 +20... NANA MONEY ALL-IN
(or maybe just keep dca it?)

Anyway, it's all about the meme, don't be Nana guy (not the German rapper).

Comparison chart to other trackers in mixed currencies (USD, EUR, CHF):

Aug 4

Note

TDIV (NL0011683594) in EUR since inception date

Aug 4

Note

*multiplier ... edit time limit really not nice

Aug 6

Note

P/E Ratio 10.54
P/B Ratio 1.35
as of 31 Jul 2024

Not that bad unlike most of the market, which is a reason for a more aggressive dca grid.
Other trackers of my interest like SEMI or IS3R have a much higher P/E Ratio and therefore a way more defensive stress scenario dca grid.
SEMI stress dca grid (private idea):

Of course a simple monthly dca strategy works just as well. It's about to have multiple entry points in the long term timeline of our investment horizon.
>No all in Nana money into a single stock pick that is deep in the debts and still paid dividends, what is no more.

I try to avoid USD and EUR investment if possible because my base currency is CHF. Unfortunately the CHF market itself is not that attractive. I do monthly dca the CHF market don't get me wrong but I have not yet found THAT asset in CHF.
TDIV (NL0011683594) is more of a EUR hedge in CHF with high paying dividends.

Nov 25

Trade active

So far so good. My current average holding price is at CHF 35.715. What makes +6.65% in profit (without the dividend payouts).

Some quick information to Currency-Hedged ETFs:
A currency hedge is a form of insurance against currency risk. And no insurance is free. Currency hedging is no exception. There are costs to currency hedging.

When we hedge foreign currency, we will pay the foreign interest rate, and we will receive the domestic interest rate. So, the difference between these two rates will incur a cost. But this cost can sometimes be negative, so this could be a return for us.
The full costs of currency hedging can vary a lot. For EUR and USD hedging, the costs ranged between -3% and +4% in the last 20 years

For currency hedging, there has been a lot of research done to evaluate whether it is beneficial to hedge or not. But, overall, this research is not conclusive.
There is no substantial evidence that currency hedging will increase our returns. But there is no evidence in the other direction as well.

To have Non-hedged etfs adds to the global currency diversification no doubt. It is good by itself but it is more of a 'problem' when the local base currency is a strong one, like the CHF for me.

For TDIV, I hold the same position size in the Non-Hedged and the CHF-Hedged etf currently. My goal with that is, to see for myself, how much difference it makes between the two options in the long run (10-30 years). If even the smartest minds in the world can't come to a conclusion, then I'll just do it myself.

Nov 30

Note

End of Month snap with decade VWAP
i = initial (current holding)
s = set (set limit orders)
The set limit orders will probably get an adjustment next year.

Important to remember: It's dca buy and hold but I don't blind dca at any price like a passive dca strategy.
I only add to the position when it's below the average holding price. The goal is to keep the position profitable in the long term. Patience is key, Dividends the reward.