I’m thinking of reducing exposure to the US, and increasing Japan. Undecided yet if that will be through ETF or Investment Trust. Thoughts welcome 
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Sofi, Pallandyne AI, Zenatech, Riggeti, D-wave, Global data, Mysize, Palantir.
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- Get exposure to gold mining (NEM and GOLD), 8% target allocation
- Consolidate the growth bucket, 30% target allocation
- Consolidate the FTSE All-World core, 40% target allocation
- Consolidate the income bucket, 15% target allocation
- Setup a YOLO bucket for penny stock bets, 5% target allocation
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I think Coincheck is one to watch. They had their problems in the past i.e. hacked in 2018 but they are now under new ownership. New owners have invested a lot of money and have big plans for the future. Recently listed on Nasdaq.
Id be careful here. Riggetti has done a 1400% run from the lows… Dwave and Palantir 700% runs.
The potential reversal downside could be immense.
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Japanese exposure with or without currency hedge (as we know, Japan has traditionally a special currency-risk)?
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Any India on your thoughts/portfolio?
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Any home-bias (UK)?
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Europe, a place to visit but not to invest?
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Wild card (“Russian roulette”): do you Tango?
(Investing in Argentine)
Vietnam has a very fast growing economy, there is a lse listed investment trust
EOSE, BB, XIACY, NIO (more), ONON, KVYO, SYM, VKTX (more)
Could you elaborate on your motivation to reduce US exposure?
Yes for sure, but this is still just my opinion.
IMO on traditional metrics, the US market is around 22% overvalued, however on momentum appears to remain strong. The momentum factor is probably due to investors moving into ETFs, where the majority of global ETFs assets flow into US companies. There are several articles online with a similar view.
Here’s an article with an extreme view on this:
And a better article on the dangers of everyone just investing in ETFs:
Even Warren Buffet has been accumulating a cash pile.
That said, I’m not exiting the market, simply rebalancing slightly.
What I’ve seen happening over the years is people trending to the US, so global ETFs then take funds from elsewhere and rebalance to US equities, and more simply pile into the S&P500, as yes the underlying companies are ‘global’, and US based.
I believe like some others this has gone too far. To the point looking for the other extreme, I see a lot of long term value.
So Japan in general being one of my ideas.
https://www.trustnet.com/news/13433485/outlook-2025-japan-remains-a-unique-opportunity#
In addition, the Yen has never been so weak against the USD, and the last time it was as weak against the GBP was 2015 and 2008. It’s currently trading around 195JPY to GBP, and in the last 5 years 135JPY to USD. There is both currency and valuation upside here in my opinion.
Finally value stocks and private equity, with the current interest rates are out of favour imo.
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Thanks for elaborating! I will get back to you with my thoughts ASAP.
Interesting. I’m aiming to tilt my investments towards the rest of the world too but it’s more a question of balance than valuation for me.
The bulk of portfolio’s in an S&P tracker so I figure it makes sense to focus my investing in individual stocks outside that index.
MELI’s topped my list lately. I’d also like to beef up holdings in the likes of ASML, ADYEN, SE, TSM, CPNG and NU as buying opportunities arise.
@5diamonds Any suggestions for gold mining etfs or stocks? Thanks
Its a difficult one, I’m thinking the same but they keep going, its hard to judge.
Its a fair point, the sp500 has had 2 years of 20%+ gains, at some point it will cool down.
Look how perfectly its hit its 1.618 fib extension after a 2000% run in 2 months. 
Low risk entry was $1 area.
good luck
NEM is first choice as it trades at a discount and has a relatively lower risk portfolio than its peers. The dividend yield is the cherry on the cake. Here is a video of Samuel Smith making a case for NEM (9:21). I’ve also started a GOLD position.
They call gold miners stocks cyclical for a reason, make sure you can stomach that 
I’m thinking of reducing US exposure as well, although my exposure is already relatively low. But I am thinking of buying more Alphabet.
Some stocks that are on my possible buy list are Thungela Resources, Metals Exploration, Synectics and International Consolidated Airlines.
I’m also thinking about some tracker etf with a low spread temporarily to build up some funds ready for next tax year’s SIPP contribution. That might still be an S&P 500 tracker though after I’ve sold my current larger S&P 500 tracker holding and reinvested in other things.
(I mostly buy stocks listed on the London Stock Exchange.)
But I’m not expecting to buy anything until February , so my list will probably have changed by then.
It’s interesting that you are thinking of increasing Japan exposure. I’m currently slightly favour Asia Pacific and Emerging Markets. But probably won’t act on that because I’m currently thinking of moving more away from etfs and investment trusts to even more individual stocks.
As regards Investment Trusts focusing on Japan, I quite like Baillie Gifford Shin Nippon. It used to do very well in the past. The Baillie Gifford ITs haven’t done well recently but I think their time will come again, especially if and when it’s anticipated that inflation and interest rates will come down significantly.
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I lost patience with this one a few years back and pivoted to more small-cap value through NAVF which did well. I’m certain BGS will have its day again though.
I must be one of the most boring investors on here. I buy HMWO and thats it 
. Buy and forget. I’d like to get into investment trusts but other than looking at NAV I don’t know if I have the time to research into company strategy, management etc.
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