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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: Re: How smart is AI for the common folk?
Date: 08/19/25 8:14 PM
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No. of Recommendations: 4
GRID's top holdings (as of August 15, 2025) include:
ABB Ltd: 8.48%
Eaton Corporation PLC: 7.95%
Johnson Controls International PLC Registered Shares: 7.42%
Schneider Electric SE: 7.38%
National Grid PLC: 7.23%
Prysmian SpA: 4.11%
Quanta Services Inc.: 3.95%
Hubbell Inc.: 3.77%
Aptiv PLC: 2.61%
NVIDIA Corp.: 2.41%
The expense ratio for the GRID ETF is 0.56%.
The GRID ETF was created/launched on November 16, 2009.

So, it turns out that I own 6 out of its top 10 holdings (as well as the others I mentioned - I'm surrpriseed ofr example that they don't hold Emerson)
So why not do it the easy way?

Well the chooices have been made by me over the past three decades based on personal experience at my day job (I owned engineering firms which specialized in IT and electrical infrastructure design/buiild projects. To be honest I wasn't even aware of the ETF until it was posted here. There are three advantages from my point of view doing it my way:

1) The .56% managemeent fee is a pretty high cost.
2) I have purchased some of the companys' stock on fooreign exchanges which provides a profitable use of foreign currency as a hedge against a drop in the US dollar.
3) It's more entertaining than hoping someone else is doing as good a job as I can.

Jeff
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