Hello everyone! 😊
I've already seen a few posts here in the forum where you show your portfolios and give each other tips and opinions on them. I find that super exciting because I always learn something new - be it about individual companies, strategies or simply your experiences. That's why I thought I'd jump over my shadow and introduce you to a few positions from my small but steadily growing portfolio. Maybe you have a tip or two for me!
Briefly (again) about me: I'm Ayumi, 21 years old, and in 2021 really started to really get into investing. There are two ETFs in my portfolio (one S&P 500 and one climate-friendly ETF), but I've also ventured into individual stocks - albeit in very small doses. Here I try to pick companies that I know, understand and trust.
My problem children include Nike and LVMH
I currently have two individual stocks that I would like to discuss: Nike and LVMH. Both are currently in the red for me, which to be honest makes me a bit nervous because I haven't been in them that long. Nevertheless, I believe in the companies - but perhaps you have a different view?
Nike $NKE (-0.22%)
(share price currently around USD 76)
Nike is a brand that I see super often in everyday life - be it in the stores or on the feet of what feels like every second person. 😄 The figures actually look good in the long term: They have strong sales and a well-known brand that is established worldwide. Nevertheless, the share is somehow weak this year. Maybe it's because many people are currently saving and spending less money on clothes and shoes?
I've read that Nike is growing in Asia in particular, but at the same time is facing challenges in the US, where many consumers are more cautious. My thought: should I stick with it and bet on the long-term strength of the brand? Or do you think there are better alternatives in this area?
LVMH $MC (+1.25%)
(share price currently around EUR 586)
LVMH is my little "luxury dream" in the portfolio. The company unites so many well-known brands such as Louis Vuitton, Dior and Moët & Chandon. Especially in London, where I work, I see every day how popular luxury brands are - especially among tourists from all over the world.
Nevertheless, the share is currently under pressure, especially since the Chinese market has weakened. China has been a huge growth driver for the luxury sector so far. On the other hand, I think to myself: such brands have a long-term value, don't they? Those who save may buy a few months later, but the desire for luxury remains.
What do you think? Is LVMH a good buy opportunity right now, or should I keep the position smaller until the situation improves?
Your opinions are needed!
I'm really still a beginner when it comes to individual shares and would gratefully accept any opinions or tips. 😊 I want to invest for the long term, but I find it difficult to stay calm when prices fall. Do you know this too?
I'm also happy to receive recommendations: Which companies are you currently looking at? Maybe there's an exciting share that I don't even have on my radar yet.
I look forward to your answers and am curious to hear what you think about my two problem children. Thank you for your time and tips!
Kind regards
Ayumi 😊
