My (financial) recap 2022
After @getquin this year probably does not create a template for a personal review (see https://app.getquin.com/activity/TONdVLhhVx ) and I was asked by @Barsten (who has deleted his post for reasons in the meantime) for my #recap2022 this one comes without a template. But that also gives me the opportunity to be a little freer and not only to go into my income and expenses 😊.
When I at the beginning of 2022, after a few years of chaos investment, my Strategy had found, I announced this of course also on getquin and asked you for feedback. You guys were, by an overwhelming majority, thrilled. So was I. But not for long. It didn't feel good. I was looking at the depot too often. So I changed my strategy again (the goal remained the same!). But that's not a problem. The head is round, so the direction can change while thinking. You can read it here: https://app.getquin.com/activity/NhIGEJGCTA . The only thing missing is the reallocation of the accumulating IT ETF to the distributing IT ETF.
This brings me directly to my most important insight in 2022, which for me is also one of the foundational posts on getquin: "Why it makes sense to sell bad buys at a loss" https://app.getquin.com/activity/JMQwETSOoS . So why haven't I rebalanced already? The spread between the holidays is too high for me. After that, the next savings plan is due in mid-January. The reallocation is therefore only at the end of January, beginning of February. I myself have followed my advice very often and also separated at a loss from assets that no longer fit into my strategy. At the beginning it hurts, but after a short time there is always a relief.
The turnaround in interest rates also opened my eyes and made me change my long-held plan to buy a property to buy a property for my own use, and to calculate it financially. You can find the results in a total of three posts, the first here: https://app.getquin.com/activity/FoLdCxttXY . Since I'm also not really the type to own real estate (handicraft untalented, four left hooves, no fun DIY, ...), I decided to bury the dream for now and gradually reallocate my saved EC from 2023 in my portfolio. Not to exclude that I do not strike at some point with a good offer, but I do not want to leave my money lying around any longer without it working for me. By the way, this was also the motivation for my article "Assessing the risk of a short investment period correctly". https://app.getquin.com/activity/oyjGfrRRfr
YTD my portfolio is currently over 35% in the minus. But that's okay, because I (meanwhile) have confidence in my strategy. In addition, I look forward to being able to take advantage of the good prices in 2023 with my saved equity.
My income has changed only moderately. The savings rate is relatively high, but I don't track my income and expenses. That's too time-consuming for me. I don't want to optimize myself for the last cent. I like living too much and this can be over at any time. For example, due to a vacuum decay: https://www.heise.de/news/Ende-des-Universums-Es-koennte-im-Prinzip-jederzeit-passieren-4890720.html . So I continue to treat myself to things without throwing money out with all four hooves to the stable (except possibly for the rental stable, which is quite expensive). Everything that is left at the end of the month goes into the depot.
Otherwise, I'm getquin, despite all the bugs, very grateful for this valuable community, from which I was allowed to learn a lot (and which of course could also learn a lot from me 😎). However, what really annoyed me were the polarizing and poorly researched statements / "alternative facts" about Crypto of any kind. Primarily from users without a clue but with a lot of opinion - and both pro and con crypto. This is what finally led me to write the article "Bitcoin is crypto and crypto is dead. Long live Bitcoin!"
https://app.getquin.com/activity/FYtgJmTHNP to publish, to dispel the most common myths and to try to make the discussion a bit more factual. Also kind of bizarre that I'm trying to objectify something 🤷. I'm relaxed about crypto as an investment. I didn't invest big in 2022 and I won't again. But what I have, I will continue to hodln.
Even if I conclude by referring back to my post "Challenges, the chain letters of the 2020s."
https://app.getquin.com/activity/WrqkTbtxtp I would be interested to know what you learned in 2022, how your strategy may have changed and what else is exciting to share from 22 or for 23.