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          April and May 2022 Passive Income Update | My Passive Income Streams in 2022

          March 2022 Passive Income Update | My passive Income Streams in 2022

          February 2022 Passive Income Update | The year is off to a good start

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Financial Freedom Journey
    • Home
    • Start here!
    • Portfolio
      • My Investment Portfolio
      • > P2P Lending Portfolio
      • > Real Estate Crowdfunding Portfolio
      • > ETF Portfolio
      • Why a mix of ETF and P2P Lending
      • The 4-cycle Investment Approach: Buying ETFs at the best time
      • The 5 mistakes I made investing in P2P loans and ETFs
    • Monthly Updates
          • Final Blog Update | December 2022 PASSIVE INCOME
          • April and May’22 Summary
          • Mar’2022 Summary
          • Feb’2022 Summary
          • Jan’2022 Summary
          • Dec’2021 Summary
          • Nov’2021 Summary
          • Oct’2021 Summary
          • Sept’2021 Summary
          • Aug’2021 Summary
          • Jul’2021 Summary
          • Jun’2021 Summary
          • May’2021 Summary
          • Apr’2021 Summary
          • Mar’2021 Summary
          • Feb’2021 Summary
          • Jan’2021 Summary
          • Dec’2020 Summary
          • Nov’2020 Summary
          • Oct’2020 Summary
          • Sep’2020 Summary
          • Aug’2020 Summary
          • July’2020 Summary
          • Jun’2020 Summary
          • May’2020 Summary
          • Apr’2020 Summary
          • Mar’2020 Summary
          • Feb’2020 Summary
          • Jan’2020 Summary
          • Dec’2019 Summary
          • Nov’2019 Summary
          • Oct’2019 Summary
          • Sep’2019 Summary
          • Aug’2019 Summary
          • July’2019 Summary
          • Jun’2019 Summary
          • May’2019 Summary
          • Apr’2019 Summary
          • Mar’2019 Summary
          • Feb’2019 Summary
          • Jan’2019 Summary
          • Dec’2018 Summary
          • Final Blog Update | December 2022 PASSIVE INCOME

            April and May 2022 Passive Income Update | My Passive Income Streams in 2022

            March 2022 Passive Income Update | My passive Income Streams in 2022

            February 2022 Passive Income Update | The year is off to a good start

    • Platform Reviews
      • Mintos Review (2021)
      • Twino Review (2021)
      • Swaper (2019)
      • Estateguru Review (2021)
      • Crowdestate (2019 Review)
    • About me
    • Contact

Home Country Bias 😳

One piece of advice that I learnt over the past years is to not fall for the home country bias.

Being German and believing in a growing domestic economy, I bought DAX ETFs (representing 30 major German companies). Seeing the volatility of the DAX over past years, I could clearly see the difference between an ETF representing 30 companies (DAX) and one representing 1600 companies (MSCI World). While the MSCI World grows slowly and quietly, the DAX is going up and down. Being interested in slow and steady long-term growth, I clearly prefer to stay away from volatility-prone investments in the future.

Comparison Volatility DAX & MSCI World:

5-Year Performance chart of Xtrackers DAX UCITS ETF Income 1D (c) JustETF.com
5-Year Performance chart of Xtrackers DAX UCITS ETF Income 1D (c) JustETF.com
about-me-image
Hi! I am Peter Kaiser, a European millennial in my early 30s. Passionate about life. I love traveling and spending time outdoors. This blog is me documenting my journey to financial freedom. A journey that allows me to continue living the life that I currently live. Supported by passive income.
Peter Kaiser