6Mon·

Mid September update

Hi everyone,

As i've started to do since the opening of my portfolio (in may) here there is a mid month update. ( Note: i'm a beginner with not much money so i appreciate every advice).

As always i'm slowly increasing the capital invested, modifying the amounts following the markets trends. This month the focus was on $KO (-0.21%) as it is still going downwards as so i looked at it as an opportunity to buy. Compared to previous updates i also have increased the relevance of $ENI (-3.72%) .

As an investor on Trade Republic i've seen the introduction of the private markets but i'm still not convinced, what's your take on that?

That's all for now, any advices?

12Positions

3.97%

6 Comments

Kurama@Kurama01

6Mon

Coca-Cola very good, for Eni on the other hand what is your reasoning for wanting to increase it? Because the timing is not the best as Opec is going to increase production, so oil company margins will be affected, for me it's a hold, nice dividend though so enjoy it.

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Niccolò@AroundNicco

6Mon

@Kurama01 As you surmised just because of the dividend, it is true that the opec situation is a bit unstable but the history seemed decent enough to me. Then I actually increased the position but not by very much.

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Riccardo M.@Manfre

6Mon

What do you think of Trade Republic's private markets?

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Niccolò@AroundNicco

6Mon

@Manfre difficult to say, there is definitely little information about it, or at least I have found little. I am interested but not very convinced

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Francesco P.@market_analyst_mihfv

guys since I’m new in this field, would you suggest more Trade Republic or Scalable?

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Niccolò@AroundNicco

Hi Francis, I personally have never tried scalable but from what I know it is quite good. Both brokers offer free PACs and the commissions on standard trades are quite low. The two big differences are in the tax regime and support. Trade is under administrative regime, ergo they pay all the taxes to the IRS for you, so you don't have to do any 730. Scalable on the other hand is in the declaratory regime, so any closed positions or cash flow must be reported to the authorities by you.
Service side trade republic does not stand out and many users have had problems, I personally have never had the need to contact them.

If you are not interested in the taxation of I would say take a look at Trading 212 as well, it is personally my favorite. In case you go by Trade republic tell me that with my code we both get stock.

I hope I was helpful to you :)

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