A week ago I increased the amount I automatically invest each month with €100. I thought this was a rather devious process so I had been postponing it for a month or so. I printed out a form, scanned it and then sent it via email to my broker. The nice secretary sent me an email that I could also make these changes directly on their website so that I wouldn’t have to go through that process again next time I wanted to make a change. My broker has recently upgraded their website and I hadn’t noticed this option. From now on I can easily make changes in my portfolio with a mouse click! Obviously, I’m not going to sell anything (duh) but I might want to change the amount of stocks and bonds I invest in. I used to buy 80% stocks (worldwide) and 20% bonds (European) each month. But since we’re in the money growing phase I decided to invest 90% in those stocks from now on and only 10% in bonds.
The husband invests 33% in international stocks, 34% in European stocks and 33% in emerging markets. The latter one is the one that fluctuates the most. Oh well… Buy and hold! Anyway, I have tried to persuade him to increase the amount he invests each month with €100 as well. He’s not buying into it yet. He wants to wait for the third Tuesday of September. On that day our government will announce their plans for next year. If the mortgage tax rules are changed he wants to pay off our mortgage. If we still can’t make extra mortgage payments, he’ll probably increase the amount he invests each month.
What’s your strategy?