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Finn696
@Finn696
3Wk·

Good evening, I am 18 years old, relatively new to investing and would like to invest my savings wisely. I am therefore turning to you for advice. Due to the current downsizing, the shares of $MBG (-0.07%) , $VOW (+1.96%) , and $P911 (-0.41%) have fallen sharply. I hope that the upcoming new elections in February could bring about a positive turnaround and thus an upswing for these stocks.


At the same time, I am taking the current high dividend yields of around 10 % into account. $MBG (-0.07%) and $VOW (+1.96%) but fear that these could either be reduced or completely eliminated in view of the current economic situation.


How do you assess the situation?

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24 Comments
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Rmann@Epi
3Wk
The dividend strategy is counterproductive at a young age. Too little return.
Otherwise, just google "value trap." 😉
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Thorsten@silverbug999
3Wk
Invest in broadly diversified etfs. Never invest in cars. Unnecessary risk!
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Moritz@leveragegrinding
3Wk
The automotive industry makes little sense, as you need one thing for rising prices: actual figures are better than the estimate.

It's less about growth or anything like that, just about a company doing better than everyone expects:

That's not likely to happen with VW etc.

I would recommend buying 2-3 shares with a maximum of 25% and then simply holding them for at least 365 days from the time of purchase, no matter what happens.

The rest ETFs, you can adjust enough as you wish :)
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PunktPunktKommaStrich@PunktPunktKommaStrich
3Wk
But it doesn't sound like a prudent investment :))
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Chris@Psychedelic_Sunflower
3Wk
At 18, investing in dividend stocks makes no rational sense. Unless you have a few million in cash and want to live off it, then look for stable dividend payers and enjoy it.
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user35903002213@user35903002213
3Wk
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