5Mon
I think your strategy is very good! I still have a few more years until I retire, but I'm following a similar strategy. The market return is always good for the basis & it's also fun to select individual stocks that you are convinced of. Basically, you just have to feel comfortable with your investment. Some people put everything into Bitcoin, others go into ETFs & others have completely different investments. Basically, it is only important that you invest what you can afford. Not everyone has to become a millionaire :p
If you carry on like this, you'll certainly accumulate quite a bit by the time you retire. Wish you good luck & good returns 🍀
If you carry on like this, you'll certainly accumulate quite a bit by the time you retire. Wish you good luck & good returns 🍀
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5Mon
@Fipsi Thanks for the feedback. Yes, millionaire, if then only via a different route ;-) Personally, I also think that individual stocks are also justified in a portfolio of only 3k. If there are a few that you are convinced of and you can keep an overview. The 16 months so far have proved me right. Not even those who would put everything in an ETF know whether it will stay that way ;-)
In the meantime, $STLAM has given way to $ALV. It was a mistake to be so optimistic about Stellantis compared to other cars. However, I still think that they are better positioned internationally and with regard to China.
Otherwise, I am sticking with the maximum of 6 individual stocks for the 2 ETFs.
In a year's time, I will be somewhere between 5.5-6k. It's better to have a relatively small portfolio than bumble along with 1% overnight money. My ROI over the 16 months is currently 16%, which I'm quite happy with.
In the meantime, $STLAM has given way to $ALV. It was a mistake to be so optimistic about Stellantis compared to other cars. However, I still think that they are better positioned internationally and with regard to China.
Otherwise, I am sticking with the maximum of 6 individual stocks for the 2 ETFs.
In a year's time, I will be somewhere between 5.5-6k. It's better to have a relatively small portfolio than bumble along with 1% overnight money. My ROI over the 16 months is currently 16%, which I'm quite happy with.
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