this post was submitted on 03 Feb 2025
3 points (80.0% liked)

Investing

858 readers
3 users here now

A community for discussing investing news.

Rules:

  1. No bigotry: Including racism, sexism, homophobia, transphobia, or xenophobia. Code of Conduct.
  2. Be respectful. Everyone should feel welcome here.
  3. No NSFW content.
  4. No Ads / Spamming.
  5. Be thoughtful and helpful: even with ‘stupid’ questions. The world won’t be made better or worse by snarky comments schooling naive newcomers on Lemmy.

founded 2 years ago
MODERATORS
_MoveSwiftly
3
Inherited a Swiss holding company – what do we do with the portfolio? (lemmy.blahaj.zone)
submitted 2 weeks ago by [email protected] to c/investing
14 comments fedilink hide all child comments
 

My wife is inheriting an investment holding company that belonged to her grandpa, who passed away a few years ago. The ownership transfer is in the final stages, so we'll need to start thinking about what we ought to do with the assets it holds. Could you guys give us some guidance?

The company's assets are in a Swiss account that includes:

  • 175 ozt fine gold (0.995), valued at about $500K USD;
  • 2,000 shares of UBS Asia Flexible Bond Fund USD P-acc, valued at about $300K USD;
  • Cash, mostly in Euros, valued around €350K/$360K.

The Asia bond fund invests in a variety of countries, including Indonesia, the Philippines, and Sri Lanka. About a quarter is sovereign bonds, and the rest is a mixture of bonds in those emerging markets.

The performance is not terrific, but now does seem like a good high point to sell. The percentage growth over the years was -5.7% in 2021, -16.4% in 2022, 3.9% in 2023, and 5.8% in 2024. Am I correct in thinking it's rational to sell these shares?

As for the gold, I'm not actually sure what makes the most sense. Thoughts?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 2 weeks ago (1 children)

Find a local mutual aid org and donate it to them.

[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

We already have a cause we support, and while we most definitely won't be donating everything, we will absolutely be donating a percentage.