~ (@Michael-official) on getquin

7Mon·

++ Monthly savings plans - My current path 🚀++

As many people keep asking me which savings plans are running in my custody account, I would like to provide a list here.

First of all, my entire custody account is with ING-Diba.

Although I receive a commission of 1,75 % I am very satisfied with the service/app and broker.

ETF savings plans, on the other hand, are free of charge.

Here again a short list of the advantages and disadvantages of savings plans:

-Advantages

Reduce risk:

As the cost-average effect (CAE) results in the average entry price of a share approaching the "average price of the last 12 months".

This is achieved by investing the same amount in shares every month over a period of 12 months, for example.

Buy and hold:

Statistically, the tendency to buy and hold is associated with the highest returns for private investors.

Small cattle:

You can start with small monthly amounts. Your money will grow over time, even if you only invest small amounts.

Quick start:

It's easy to get started: share savings plans allow you to invest from as little as EUR 1 per month, depending on the bank.

-Disadvantages

Time to buy:

The choice of timing is limited: Share savings plans are executed on the 1st, 7th, 15th day of each month for most providers, leaving little room for intervention.

Fees:

Higher fees may apply: Many providers may charge a fee of, for example, 1.75% of the savings plan amount per execution.

Long-term nature:

Share savings plans are primarily intended for long-term investors.

Investors looking for a quick return may want to consider alternative options.

The following positions are currently held in my portfolio via a savings plan:

- 100 € ~ FTSE All World ($VWCE (+0.58%))

- 50 € ~ Alphabet ($GOOGL) (+0.63%)

- 50 € ~ Merck & Co. ($MRK (+0.84%))

- 50 € ~ Microsoft ($MSFT (+0.39%))

- 50 € ~ Tesla ($TSLA (+0.92%))

- 25 € ~ Apple ($AAPL (+0.78%))

- 25 € ~ Palantir ($PLTR (+0.49%))

- 25 € ~ Allianz ($ALV (-0.14%))

- 25 € ~ Walt Disney ($DIS (+0.06%))

- 25 € ~ Walmart ($WMT (+0.78%))

- 25 € ~ Intel ($INTC (+0.52%))

- 25 € ~ Unilever ($ULVR (+1.18%))

- 25 € ~ Coca Cola ($KO (+0.71%))

- 25 € ~ Mc Donalds ($MCD (+0.61%))

The total amount of 525 € per month flows directly per savings plan into the custody account.

In addition, I make irregular individual purchases to expand existing positions or add new ones.

I build up a monthly cash position in my clearing account for this purpose.

The nest egg is transferred directly to the call money account at the beginning of the month.

I am also currently planning to increase or new introduce.

-Increase/repurchase:

-New acquisition/first purchase:

$NKE (+1.34%) (but only at a price of 50.00 $ 😉)

Thank you for your attention and good luck with your investment. 💸

Michael

26 Comments

Homer@Simpson

7Mon

Savings plans are probably the best choice for people who are just starting to invest and want to be in it for the long term. 😊👍
I only recently started with savings plans myself and find it more relaxed when I know the amount is distributed automatically and I no longer have to chase the dips 😂

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Dividende > Zinsen@GoDividend

7Mon

That's how I've set myself up for this year too.
I have a savings plan for everything in my portfolio (except Calida 😅 and my first 5 individual shares, which are full)
As money comes in, additional positions are added to. When all positions are full, I'll look around for new ones. Let's wish for perseverance 👍

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Ronald@AlterMann

7Mon

Yes, something like that. I have a savings plan for each position. These are gradually increased with rising dividends. If there is one-off income, I increase all the savings plans for a while until the money is gone.
It's all much more relaxed because you're not constantly worried about having bought or sold too late or too early.
And by the way, you can see how the dividends increase every quarter compared to the same period of the previous year... 🚀

There are only two things that bother me about Finanzen.net Zero (where I currently have most of my savings plans): Execution only on the 07th of a month and when selling, the fractional shares are only sold on this day.

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CaYaRo@CaYaRo

7Mon

except for the 50$ at $NKE I find everything ok

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Julian@MoneyISnotREAL

7Mon

I myself am also with ING - fully satisfied with the broker.

I also had individual savings plans on a few positions for a short time, but left them again because of the 1.75% commission.
An individual purchase of approx. 350€ has the same expense ratio with order fee/volume, i.e. >350€ the individual purchase is cheaper than a savings plan (only costs considered).

Personally, I find that a savings plan is possible with ING on many "normal" securities.

Thank you for your experience and your approach. I myself have opted for boring MSCI or FTSE All World ETFs.
Individual stocks are available, but are currently not being expanded any further. :-)

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Royal_TS@Royal_TS

7Mon

I have now also started a savings plan. The savings plan depot from @Simpson was too tempting 😉 I started in March with 20 shares via FinanzenNetZero.

https://getqu.in/Z4Q8WL/ https://getqu.in/Z4Q8WL/

I will add $DE and $HD from April.
These are mainly shares that have somehow "run away" from me in terms of price and are not listed in the top ten of $IWDA. The ETF runs as a savings plan with ING.

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Lumimyrsky@Lumimyrsky

7Mon

I think the selection of savings plan shares is great.

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Paketknecht@Paketknecht

7Mon

I also prefer savings plans, but what annoys me most are the spin-offs of small positions in the first few years. Last year I got 1 WK Kellogg share for €12 and 1 Veralto for €80, so I'm already looking forward to the €80 ice cream and healthcare positions in Unilever and 3M.... I have my securities account at Comdirect and can't sell such positions there economically, I would have to open a trade republic securities account especially for this and transfer the shares to be able to sell them there free of charge if I don't want to keep them. Fractions of the spin-offs are sold automatically by Comdirekt, which can lead to (small) losses if the price falls at the beginning, only whole shares are booked in.

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six@six

7Mon

Funny. I've been thinking about starting a share savings plan with ING for a few days now.

I've gone back to ING after changing accounts many times. Currently only the $VWCE in the savings plan.
It's a pity that $EWG2 is not eligible for savings plans at ING.

I would then only have to transfer my loss pot from Scalable to ING.

I'm thinking about adding $MSFT $V $AMZN as a savings plan

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Gamla S.@gamlasvensk

7Mon

There is no spring tide in the savings plan selection, but there is a steady rise in the level of the boat. Very solid and long-term. What do you do with the dividends?

$EWG2 I've had it on my list for a long time, but I always find other stocks more interesting...

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