23H·

Thoughts and decisions

Hi folks,

briefly about my thoughts:

for a long time I was $NOVO B (-0.41%) a good 70-80 % up, then it went steeply downhill. I always thought yes, it will recover and didn't get out, don't get me wrong, I don't intend to sell them. If you look at my portfolio you will see that not only 1-2 are up over 50.60 percent. My horizon is far beyond retirement and I follow the hold and buy with dividends.

Now to my question:

would you take partial profits with world events despite all this or just hold firmly to the belief set?

I'm actually on vacation at the moment and am doing a lot of thinking and analyzing.

I'm just a bit scared at the moment that a lot of things are going to the dogs.... Of course I have quality companies that are solidly positioned for the future. Unfortunately, I can't talk to anyone around me about it because nobody is involved in it

Thank you for the numerous and helpful answers.

Hello Robert

13 Comments

22H

Well, it's stupid if you don't have anyone around you to share your thoughts with. But that's what Getquin is for!

What do you think about spelling out your crisis scenarios for yourself and thinking about which companies or asset classes could benefit from them? Then you shift a little and go back to sleep. 😊

•

Bertl@Bertl

22H

Would you pick out some of my companies?

••

Epi@Epi

21H

@Bertl How? 1. I don't know your scenarios. 2. not familiar with the companies in detail.
I'm more of an ETF investor and asset class diversifier 😉

••

Fanni_Spielgeld@Fanni_Spielgeld

21H

From my own experience, I have to say that it doesn't necessarily get better if you can share your experiences. It can happen that your own worries and fears are confirmed. I have solved this for myself by not only investing in paper and metal, but also in a small piece of very real self-sufficiency: kitchen garden, photovoltaics, chicken coop, rainwater harvesting, a reasonably equipped storage cellar, wood-burning stoves etc.. That may sound a bit crazy. But it gives me personally the feeling of being able to take concrete action.

•

Bertl@Bertl

21H

I actually also have chicken steel, photovoltaics with 2 batteries, etc. 🤭 I'm not generally dissatisfied, just as far as the portfolio is concerned🤭

•

Fanni_Spielgeld@Fanni_Spielgeld

17H

@Bertl well then (almost) nothing can go wrong 😄

••

Bertl@Bertl

16H

that's true😅 but you know you have to think and think😅

••

Simon@Simon_325

16H

Even though I'm younger, I wanted to share my thoughts on this after the great answers from the others...
First of all, I think it's a shame that you don't have anyone around you to talk to about it.
On the other hand, I think it's wrong to deal with it so much on vacation and to give room to negative thoughts.
You said yourself that your horizon goes far beyond retirement.
I've learned that time is your greatest friend and you can beat anything with it.
Maybe sometimes you have to change some of your ideas and strategies and adapt to the market, as with many things in life.
The market will always be dynamic and that's part of it.
And that's where it's important to keep a clear head and not mix life with investing...in the sense of making everything dependent on real life what's going on in your portfolio.
Even though I don't yet know what it's like to handle large sums of money, I hope that this has helped you a little and wish you every success :)

•

Bertl@Bertl

@Simon_325 danke 🙂

••

Schmon@SchmonInvest

22H

I think you're in a good position, so sit back and enjoy your vacation 🤓

••

Spacepanda@Spacepanda

21H

Perhaps leave everything as it is and only invest in the ETF from now on (which you are already doing to some extent). That might also be an alternative.

••

Harald@Madhatter5566

21H

Let me put it this way: no portfolio in the world, not even mine with mostly physical precious metals, will help you in all crises and provide absolute peace of mind. None. Period. Because that's just the part where you try to bring value to your scenarios and you can always write off a part of it depending on what you think is coming. Stock crash, yes, then your stocks are scrap. Government takes over, then it takes everything it sees. War? Try transporting a hundredweight of silver if you have to leave. Real estate? Pfft.

So the only thing that helps is to have a broad base. In my opinion, you already are, which means I would rather look to set SLs and limits where you have hope or greed, but then sell mercilessly below them. Without thinking about it for hours afterwards.

••

Bertl@Bertl

19H

mhmm that's true eig. but it's often difficult to remain steadfast in every world/life situation

was somehow a profound answer.

Danke☺️👍🏻

••