Bye Bye $VWRL (-0,54 %) 👎 Hello
$HMWO (-0,65 %)
and
$HMEF (-0,05 %) 👋

Take this @Vanguard

I have decided to discontinue my savings plan on the $VWRL (-0,54 %) and not to invest any more money in Vanguard products in future. The reason is obvious: over all these years as a loyal fan, I have never received a Vanguard sweater. That's no way to treat your best customer, @Vanguard . Someone has to show you your limits 👎.

Instead, I'll be saving in HSBC products from May. Maybe I'll get a sweater from them one day 🤔🧐.

Apart from the sweater, there are a few less important factors that also influenced my decision and which I don't want to withhold from you:

A few weeks ago, I asked about ways to optimize taxes and costs on getquin: https://getqu.in/Ez0kiZ/ . Based on your answers, among others, I made the decision for the following reasons:

• 0.15% TER vs. 0.22% TER
• Splitting the portfolio across several ETFs makes it easier for me to optimize taxes in the withdrawal phase
• In the unlikely event that Vanguard screws something up, ETFs are dissolved / merged, strange laws are passed in the USA, ... the majority of my assets are not held by Vanguard alone
• That $VWRL (-0,54 %) I will of course keep it, but move from Scalable to DKB. Less hassle with Scalable, less "delay risk" if Scalable goes bust, better service from DKB, ...
• For some, another reason would probably be that I now receive dividends in 8/12 instead of 4/12 months 😅
• The real benefit is of course manageable, but the effort to change the savings plans costs less than 5 minutes (research in advance has already been done anyway)

I will repeat this procedure in the future. As soon as $HMWO (-0,65 %) and $HMEF (-0,05 %) (which are saved at low cost with Scalable) together reach the size of the $VWRL (-0,54 %) I will save in one (or two) new ETFs. Distributions will only be reinvested in the ETF I currently hold. Rebalancing between $HMWO (-0,65 %) and $HMEF (-0,05 %) will not take place, as I will not swap winners for losers (besides, I'm lazy). The savings rate will remain constant for both (90/10).

Of course, the whole thing only makes sense above a certain portfolio size. For 10k in $VWRL (-0,54 %) I wouldn't even invest the 5 minutes it takes to convert the savings plan 😅.