I don't know if you have a lot of play money at your disposal as a student. If not, then stop buying such nonsense. If you absolutely have to buy German stocks, then get a DAX ETF or buy shares such as Linde $LIN. At 17 you still have a great term ahead of you, start with an S&P500 ETF, you can't go wrong there
âą
22
âą
@Bein-Godik hey thanks for your opinion. I inherited about 20000 euros from my grandpa, so I do have some play money. I would like to try to outperform such ETFs. I might want to go into investment banking later on, so I'm happy to take the experience with me. With the S&P 500, I currently see a risk that it could move sideways for at least the next 3-5 years, as many of the technology companies it contains are very highly valued. That is why I am trying to find undervalued stocks, at least for the next few years. As soon as I have a fixed and higher salary, I will also save more ETFs.
âąâą
@omgjuli That's great if you already have such goals at 17. But that won't work with Fielmann. Eyewear stores are a dime a dozen, which is why the margin is falling and there's not much in the way of innovation in this area either. I just want to save you from the stupid things I once did myselfđ
âąâą
@Bein-Godik Evening, it's clear that I'm not going to get rich doing this. Even if there are many eyewear stores, Fielmann is still the market leader and has grown steadily in recent years and is planning to grow further with takeovers etc. I don't think it's likely that they will continue to do as well as they have done so far. I don't think it's unlikely that they will continue to do as well as they have so far.
âąâą
@Bein-Godik and it was also about dealing with companies and balance sheets etc.. We're currently learning this at university and I wanted to practise on another company.
âąâą