TSM
Taiwan Semiconductor Manufacturing Company Ltd.
stock NYSE ADR

Why buy ASML over TSM? I feel like TSM has way more upside with the one downside which is geopolitical risk

TSM

Interesting project. For what reason(s) did you choose the 20 name watchlist and why only those specifically? (`ANET` · `DUOL` · `HOOD` · `LLY` · `GS` · `META` · `TSM` · `AVGO` · `XOM` · `COP` · `OSCR` · `AMAT` · `ADI` · `DDOG` · `OKTA` · `NET` · `APP` · `GLD` · `MU` · `SNDK)`
Did you try your model with less or more tickers or different companies and get different results?

Mutual funds are not necessarily tax efficient so it is better in a Roth. FSELX has a slightly different mix than SMH, in addition. For example, FSELX has no position in TSM and a much larger position in Broadcom.

I'd just buy Nvidia, TSM, and ASML. Probably a little bit of intel too, and maybe, some micron.

TSM is another great company. I have them on my watchlist.

Updated portfolio after community feedback — high-conviction AI / tech supply-chain strategy (Hungary TBSZ)
I updated my allocation after feedback from my previous post.
This is intentionally a concentrated, high-conviction portfolio focused on AI, semis, infrastructure and second-order beneficiaries.
I’m not trying to build a classic “VT and chill” portfolio or claim broad diversification.
PROFILE
• Country: Hungary (Budapest)
• Account: TBSZ (0% capital gains tax after 5 years)
• Broker: Interactive Brokers (IBKR)
• Monthly investment: 500,000 HUF (\~€1,324/month)
• Time horizon: 10+ years
• Risk tolerance: High
• Goal: Long-term capital appreciation
PORTFOLIO (7 positions)
ETFs (Accumulating, Ireland domicile)
1. SXRV — iShares Nasdaq 100 UCITS — 30%
US mega-cap tech exposure in one wrapper.
2. EXUS — Xtrackers MSCI World ex-USA — 25%
Developed markets outside the US (Europe, Japan, Canada, Australia, etc).
3. CSKR — iShares MSCI Korea — 15%
High conviction semiconductor supply-chain bet.
Samsung + SK Hynix are major holdings and benefit from AI memory demand.
4. WQTM — WisdomTree Quantum Computing — 13%
Small speculative allocation for optionality in quantum computing over a 10+ year horizon.
Direct stocks (fractional shares via IBKR)
5. TSM (TSMC) — 7%
My foundry conviction.
Critical supplier to Nvidia, Apple, AMD and much of modern computing.
6. LLY (Eli Lilly) — 5%
Only non-tech position.
Some diversification away from tech with strong obesity / GLP-1 tailwinds.
7. NOW (ServiceNow) — 5%
Enterprise automation / AI workflow conviction.
WHY THIS STRUCTURE?
• SXRV handles large-cap US tech exposure.
• EXUS avoids duplicating US exposure while giving international diversification.
• Korea gives semiconductor exposure that is not heavily represented in Nasdaq 100.
• Quantum allocation is intentionally capped at 13% due to risk.
• Individual stocks are high-conviction positions I want overweight exposure to.
OVERLAP CHECK (my understanding)
• SXRV ↔ EXUS = essentially 0% overlap (US vs ex-US)
• CSKR ↔ EXUS = minimal / near zero (Korea classified as EM)
• CSKR ↔ SXRV = minimal overlap
• TSM overlap through ETFs = small
• WQTM overlap with tech holdings = present but limited
Questions:
1. Am I missing any major overlap risk?
2. Any obvious blind spots in this structure?
3. If you had to remove ONE position, which would it be and why?
4. If you had to add ONE position, what would it be?
Looking for constructive criticism, especially from long-term ETF investors.

Some constructuve critisism aside from 'VOO and chill'.
1. Emerging markets (e.g. EMIM) is weighted heavily towards TSM, Samsung &SK Hynix which don't make it that much of a differentitator.
2. Mining and Defence are good differentiators. For mining I would pick large caps that aren't necessarily tied to Rare Earths - these have been spiky lately
3. I'm wary of Space - had a huge run up and tanked recently however nobody's really sure what the SPCX IPO is going to do in the medium term. I think we're going to see a rug pull in 3 months time when the initial investors are allowed to take profits. Be wary.
4. Betting on tech growth is a good shout, but not without risk. I've done the same and despite what others saym I still see considerable upside here. Bear in mind that the all world is going to be weighted toward NVDA, AVGO, GOOGL etc. anyway so you'll want to pick smaller caps that aren't part of that.
5. Moonshots & Fun are dangerous! There is a risk that if you listen to Reddit, you'll end up getting caught in all the pump and dump scams. I'd dump this idea if I were you, or at least be clear about how you're going to identify and manage these stocks.
I'd say you're on the right track - I would weight the all world a little higher (say 60%) to begin with. I would try and pick ETFs for your tech growth and Non-tech differentiators and if you are going to have a Moonshots / Fun pie, use that for individual stocks.
Lastly make sure you manage the weightings between pies. All World is unglamarous and you might find yourself dipping into it every so often. You'll want to review that every few weeks.
Good luck!

Why buy ASML over TSM? I feel like TSM has way more upside with the one downside which is geopolitical risk

TSM

Interesting project. For what reason(s) did you choose the 20 name watchlist and why only those specifically? (`ANET` · `DUOL` · `HOOD` · `LLY` · `GS` · `META` · `TSM` · `AVGO` · `XOM` · `COP` · `OSCR` · `AMAT` · `ADI` · `DDOG` · `OKTA` · `NET` · `APP` · `GLD` · `MU` · `SNDK)`
Did you try your model with less or more tickers or different companies and get different results?

Mutual funds are not necessarily tax efficient so it is better in a Roth. FSELX has a slightly different mix than SMH, in addition. For example, FSELX has no position in TSM and a much larger position in Broadcom.

I'd just buy Nvidia, TSM, and ASML. Probably a little bit of intel too, and maybe, some micron.

TSM is another great company. I have them on my watchlist.

Updated portfolio after community feedback — high-conviction AI / tech supply-chain strategy (Hungary TBSZ)
I updated my allocation after feedback from my previous post.
This is intentionally a concentrated, high-conviction portfolio focused on AI, semis, infrastructure and second-order beneficiaries.
I’m not trying to build a classic “VT and chill” portfolio or claim broad diversification.
PROFILE
• Country: Hungary (Budapest)
• Account: TBSZ (0% capital gains tax after 5 years)
• Broker: Interactive Brokers (IBKR)
• Monthly investment: 500,000 HUF (\~€1,324/month)
• Time horizon: 10+ years
• Risk tolerance: High
• Goal: Long-term capital appreciation
PORTFOLIO (7 positions)
ETFs (Accumulating, Ireland domicile)
1. SXRV — iShares Nasdaq 100 UCITS — 30%
US mega-cap tech exposure in one wrapper.
2. EXUS — Xtrackers MSCI World ex-USA — 25%
Developed markets outside the US (Europe, Japan, Canada, Australia, etc).
3. CSKR — iShares MSCI Korea — 15%
High conviction semiconductor supply-chain bet.
Samsung + SK Hynix are major holdings and benefit from AI memory demand.
4. WQTM — WisdomTree Quantum Computing — 13%
Small speculative allocation for optionality in quantum computing over a 10+ year horizon.
Direct stocks (fractional shares via IBKR)
5. TSM (TSMC) — 7%
My foundry conviction.
Critical supplier to Nvidia, Apple, AMD and much of modern computing.
6. LLY (Eli Lilly) — 5%
Only non-tech position.
Some diversification away from tech with strong obesity / GLP-1 tailwinds.
7. NOW (ServiceNow) — 5%
Enterprise automation / AI workflow conviction.
WHY THIS STRUCTURE?
• SXRV handles large-cap US tech exposure.
• EXUS avoids duplicating US exposure while giving international diversification.
• Korea gives semiconductor exposure that is not heavily represented in Nasdaq 100.
• Quantum allocation is intentionally capped at 13% due to risk.
• Individual stocks are high-conviction positions I want overweight exposure to.
OVERLAP CHECK (my understanding)
• SXRV ↔ EXUS = essentially 0% overlap (US vs ex-US)
• CSKR ↔ EXUS = minimal / near zero (Korea classified as EM)
• CSKR ↔ SXRV = minimal overlap
• TSM overlap through ETFs = small
• WQTM overlap with tech holdings = present but limited
Questions:
1. Am I missing any major overlap risk?
2. Any obvious blind spots in this structure?
3. If you had to remove ONE position, which would it be and why?
4. If you had to add ONE position, what would it be?
Looking for constructive criticism, especially from long-term ETF investors.

Some constructuve critisism aside from 'VOO and chill'.
1. Emerging markets (e.g. EMIM) is weighted heavily towards TSM, Samsung &SK Hynix which don't make it that much of a differentitator.
2. Mining and Defence are good differentiators. For mining I would pick large caps that aren't necessarily tied to Rare Earths - these have been spiky lately
3. I'm wary of Space - had a huge run up and tanked recently however nobody's really sure what the SPCX IPO is going to do in the medium term. I think we're going to see a rug pull in 3 months time when the initial investors are allowed to take profits. Be wary.
4. Betting on tech growth is a good shout, but not without risk. I've done the same and despite what others saym I still see considerable upside here. Bear in mind that the all world is going to be weighted toward NVDA, AVGO, GOOGL etc. anyway so you'll want to pick smaller caps that aren't part of that.
5. Moonshots & Fun are dangerous! There is a risk that if you listen to Reddit, you'll end up getting caught in all the pump and dump scams. I'd dump this idea if I were you, or at least be clear about how you're going to identify and manage these stocks.
I'd say you're on the right track - I would weight the all world a little higher (say 60%) to begin with. I would try and pick ETFs for your tech growth and Non-tech differentiators and if you are going to have a Moonshots / Fun pie, use that for individual stocks.
Lastly make sure you manage the weightings between pies. All World is unglamarous and you might find yourself dipping into it every so often. You'll want to review that every few weeks.
Good luck!

I thought about buying TSM every year for 6 years but never did it. Back in 2021 I remember thinking man this company will be rich…but I’m an idiot.

I'd rather own the one that makes the chips:TSM. There's a lot of possibilities (SOXQ if you like them all), but TSM will get all of the business. If AVGO loses a customer, they may really feel the pain. But TSM has so many customers to lean on.

Fuck Now, it’s a shit product! CEO is a fucking moron and everyone thinks they have the next $1T company.
I’d rather invest in CRM since their revenue / profits and P/E and FWD are way more attractive. Plus they pay a quarterly dividend of like .45¢ a share.
Personally im sticking with TSM, MU, NVDA, and loading up on AVGO since their earnings dip!

I think they want to buy (checks notes). Nvidia. Google. Sandisk. uh... TSM. They THOUGHT about buying GME but then they decided that it would prob be a better idea to buy stocks that go up.