16 Comments
May 19, 2020Liked by Kristaps Mors

Very good idea! Do you think p2p at the moment is definitely a no go? Better take the money elsewhere?

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May 19, 2020Liked by Kristaps Mors

Hi, Kristaps! Very interesting read, thanks for the article. Wishing you good luck with achieving your aim, it is quite a tough one. Please keep on going - it inspires others as well :)

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You need to explain your rationale behind those picks a bit, otherwise there is little learning/comparison of views opportunity for readers.

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I really don't understand why you invest 40% of your portfolio in bitcoin (?!). Even if you believe in the future of this cryptocurrency (I don't, mainly used by deep web for untraceable transcations), the percentage is way too high. I would invest 5% maximum.

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Hi! Have you considered using Degiro over Interactive Brokers? I am currently in the middle of deciding which one to choose, and I would like to hear your opinion.

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If you just buy parts of several benchmarks you may outperform one, but on average you will always underperform compared to most of them. Especially if you pick opposites, such as gold and stocks. One goes up, the other goes down, and the net result will be around the inflation mark.

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Dude, why are you doing this to yourself.. Avoid the trap.

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Hi, Kristaps, and thank you for publicly taking these risks. I'm just wondering if you could compare some index funds in your future posts? Is $VOO available to buy in Europe? I don't think it's on Degiro.

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Carnival, that's interesting, a bet on recovery of tourism, with many countries releasing the restrictions this could be a very good idea.

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Kristap, it would be nice to hear bit more rationale behind these picks. What were other options which you considered but chose not to go ahead? Why did you opt exactly for $VOO in your portfolio - there are also other alternatives for S&P500 tracking. Why exactly S&P500 as a benchmark, have you considered other markets as well, say emerging markets or MSCI World index? What about bond funds? Local banks in Latvia offer various investment funds - would you advice to consider them as well? Sorry so many questions from my side :)

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