For a long time, I didn't understand why some people invest in shares instead of ETFs, even knowing that they won't beat the market. I just couldn't get my head around it: you lose money (significantly above a certain amount), invest a lot of time, perhaps sleep badly and then have a row with your family because you recommended a "sure-fire share" that then plummeted. And then you call it a hobby 🤷
But a Christmas miracle has happened. I finally understand these people now 😍😍😍
For example, I like going to strip clubs. That's my hobby. And what does it cost me? Right, time and money. Plus the night is ruined and there's bound to be trouble with the family. Someone else might like rock climbing. What does that cost? Right, time and money. And if you fall off, there's trouble and sleepless nights. Others start a family. I don't even need to list what all this costs.
So what have I learned? Hobbies usually cost time and money. And things can always go wrong. So it's perfectly legitimate for hobby investors to burn time and money with individual shares 👍
So stay true to your hobby, I won't criticize you for it anymore. I've realized my mistake. And to be honest, the hobby isn't that expensive. At 100k and 2% worse than the market, that's just 2,000 euros a year (we can ignore the compound interest effect and lost time, it's just a hobby). I leave more money with Chantal every month 🚀
With this in mind: Merry Christmas to all hobby investors. And of course to all serious ETF and Bitcoin investors 💋.
PS: I'm on the train to Paderborn and I'm bored. Entertain me in the comments!
