Hi folks,
It's been a long time, but I'm going to let you hear from me again for a special occasion. The special occasion is: Today is my second Börsday 🍾
You can read about the first Börsday here:
Thanks to @FrauManuwho woke me up from hibernation and finally gave me the remaining motivation to share an update.
Why hasn't there been anything from me for a while? Because other things were more important.
Until mid-July, the individual share project I started at the end of last year was doing quite well with a solid 20% gain, followed by a crash back into negative territory until October. The initial euphoria evaporated. However, I continued to delve deeper and deeper into the matter, reading and analyzing more and more. What could be done better? What did I perhaps not do well last time?
And then there was the point when you realize that it might be cool to spend almost all your free time with bulls and bears for a while, but you suddenly realize what you've neglected in that time.
For example, a week's vacation in the North Sea with my wife and child was cheaper than my average monthly savings rate. Well, the fact that we want to keep our money together at the moment because changes are imminent also plays a role. But the realization was stark and apparently I wasn't even aware of it.
In addition, the individual shares were accompanied by a completely different form of competition. Suddenly there are other stocks that are performing significantly better, and my own value is plummeting. Fortunately, I didn't succumb to the idea of constantly changing strategy, but it has become much more difficult to stay true to your own strategy. And this despite the fact that 2023 was ultimately a good year on the stock market.
It was a relief to see how first the world, then the entire portfolio and then cryptos turned from negative to positive. In the end, there were plenty of price gains. I have largely spared you the milestone posts.
Well, at least I was able to learn something from it and muted all notifications from investment apps in the middle of the year. I now decide when and how often I want to deal with the topic. That works quite well.
What happened in the portfolio?
Not much, actually. My goal was to reach six figures. I overshot it by a good margin. Milestone achieved 🍾
A brief summary of what's been going on over the last six months: Burned my $AUTO (+4.23%) burnt my fingers and missed the re-entry. With $GOOG (+0.05%) realized profits in the meantime and $SOFI (+4.38%) made up a little ground.
With $FTNT (-0.9%) further expanded, they will come back.
I don't feel like changing anything in the portfolio at the moment. The next six months will be exciting anyway, because if everything works out, I'll be moving house and buying a second car.
Dividend hunters hate this trick, but I'm going to significantly reduce my savings plans for the first three months so that I still have a buffer after the move and the car.
So my goal for next year is:
Reduce savings rate, increase consumption!
Well, if those aren't great resolutions!
So, now it's time for a coffee, an apartment viewing later and then the Christmas family madness over the next few days.
Performance, stock selection and transactions can be found on the dashboard. Feel free to let me know your opinion, I can listen to it 😉
Take care, love you 😘 ✊
