I'm looking to make my first investment and would appreciate any advice or if I'm doing something wrong.
I've picked these 2 ETFs for my first investment:
1) I500 (iShares S&P 500 Swap UCITS ETF)
Pros:
* low TER (0.05%)
* Synthetic so no withholding tax
* best in class performance
Cons:
* Newly created fund
* Synthetic ETFs have slightly more risk than physical ETFs
2) WEBN (Amundi Prime All Country World UCITS ETF)
Pros:
* Best in class TER (0.07%)
Cons:
* Newly created fund
* Amundi have been criticized for how they handled some of their funds
I plan to hold my investments for several decades and DCA. I'm aiming for an 80% US, 20% international split in assets.
I'm a non-EU, and non-US citizen.