Yesterday I sold all my shares and switched into my two 70/30 World/Emerging Markets ETFs.
I thought it might be of interest to some of you, so here is all the information:
I held individual shares with Trade Republic, €32,000 in total.
The sale took place in a matter of seconds. The money was held by Trade Republic at €15,000 at Deutsche Bank, the rest went into the money market fund. (Info under Cash - how your available cash is distributed)
After the sale, I immediately initiated the transfer to my account at Ing, where I hold my ETFs.
Transfer initiated at 11:45 am Arrival of the money at ~16:30 pm (unfortunately I did not receive a push notification)
As soon as the money arrived, I went straight back into the market and split it into the $HMWO (+1.94%) and $IEEM (+4.46%). I took the opportunity to rebalance straight away.
And now the question: why all this?
Did I no longer think the shares were worth buying? Yes and no.
I've learned a lot over the last few years and I've also learned the hard way. I bought good shares and made a profit and also bought shares that I sold at a loss.
The savings plan on the ETFs always ran alongside this.
I decided for myself that my core should really be the core and not 50% ETFs and 50% shares, as was the case in the meantime. Because I saw opportunities in so many shares.
This does not mean that I will no longer buy and hold shares, it just means that I now really hold a large part of my assets in ETFs.
I've never thought about selling ETFs before, but I do buy and sell shares from time to time.
I may have beaten the market for a year, but not in the long term.
And with this knowledge, I can now take the market return in my stride.
My goal was to hold 100k in shares (ETFs) by the time I'm 30. Because mathematically it would be enough to retire as a millionaire.
I haven't managed that yet, but I still have 10 months until I turn 31 for the last 15k.
I have the money in cash, but I just feel more comfortable having a cash cushion than being invested all in the market now.
I hope I've been able to explain my point and haven't completely stolen your time.
I look forward to your suggestions or opinions in the comments.
Here's to a green week.
*Edit:
Arrival of the transfer at 14:16 according to Trade Republic.
I paid a total of 116€ capital gains tax on the sale of shares. I had a full loss pot and first sold the shares at a loss and then those at a profit.
So the decision was not a big disadvantage for me in tax terms. (Despite shares with more than 100% profit in some cases)
