1Yr·

Hey,

I am 16 years old and have been interested and investing for about 2 years. I go to a vocational school in the electronics and computer science branch. My teacher and my cousin introduced me to stocks and crypto. I don't really have a strategy at the moment and just want to gain experience and gamble a little.


I'm thinking to myself that I'm young and want to raise some money for my start in life (first apartment, car, etc.). And instead of leaving my money lying around in my bank account and letting it dwindle due to inflation, I'd rather invest in shares and make a little profit.


$XRP (-2.08%) I simply bought them for gambling. I saw this on The Simsons and thought I'd give it a try.

$BTC (-2.47%) For me, it's just the standard coin you should have because I think there's still a lot of room for improvement.

With $ETH (-2.07%) at school and I thought it was just great.


$1810 (+2.98%) I bought it because I think the products are good and I think this company will achieve a lot more.


$$ESGB (+0.62%) I get 2 of them every year from my cousin. One for my birthday and one for Christmas.

$WITS (+0.46%) I bought them because I (have to) deal with this kind of thing a lot at school. And I'm relatively well versed in this area.


$ATS (+1.9%) I want to buy 4-5 pieces in the near future because I think the price is too cheap. And I generally think that companies that produce semiconductors will become even more important in the future than they already are.


$SGML I also want to buy some more shares. I think that lithium will become very important because this raw material is needed for so many things.


Do you have any tips or feedback for me? I would be delighted.

Check out my Dashboard now!
3
8 Comments

profile image
For my taste, the stability anchor is still missing a bit. Either an ETF or blue chips... like the Alphabets, Microsofts and Procter&Gambles of this world. I have nothing against a little future speculation, but I think the basis should be a little more solid.
5
profile image
I think it's great that you're invested at your age. Of course your portfolio is not a standard portfolio. That's why you have very high fluctuation margins. But without risk there is no return. Personally, I would put a core (60% of the portfolio value) in my portfolio and the stocks you have are satellites. Stay on the ball!
1
Show answer
profile image
Don't gamble! Don't lose money! Get some basics first. Nasdaq100 etf if you want to be riskier. Crypto no more than 10% of the portfolio, because coins don't make you money every day. It's already speculative.
1
profile image
I also think that you are missing something stable, such as $MSFT, $AAPL, $PG, $JNJ, $WMT or $TGT or $MCD. But you are already dealing with the topic of asset accumulation at a very young age and I commend you for that! BUT: If I were your age again, I would first invest in ETFs such as $VWRL or $VUSA, or LargCap shares (see above, for example), in order to build up a solid foundation. This foundation is then the absolute basis of your wealth accumulation, the rock in the surf, which then also pays you something. And then you can always add more risky things in the future. Keep on building your wealth :)
1
profile image
I think your long-term stocks are very good and you can also make a very good gamble on crypto at the moment, but I don't think too much of sector ETFs, as they are usually not very diversified and often include companies that have a secondary line of business that falls within the sector, but whose main business does not. It makes more sense to me to bet on the sector kings if you are already of the opinion that a certain sector will outperform the market. This is without having taken a closer look at the ETFs.
profile image
@Simpson Never thought that someone would buy $XRP just because of you 😂😂😂
profile image
very smart, soon you will see the hard work payout :)
Join the conversation