Deleted User
2Yr
Comment was deleted
@Tono and too much gambling around, that's definitely true. But I'm also interested in the fun factor.
••
Deleted User
2Yr
Comment was deleted
@Tono Achso😅
••
2Yr
@AlexSch You don't have to justify the number of items. Who dictates what is too much or too little? YouTubers? Or banks, that they earn on every sale and new purchase? I also have more than 100 stocks, but I'm less concerned with the numbers. Just broadly diversified, there are always new interesting opportunities.
Congratulations and thank you! ✨
Congratulations and thank you! ✨
•
11
•
@Komar Do you really consider "more than 100 stocks" (individual shares instead of ETFs?) to be "broadly diversified"? You can speak of broadly diversified if you have several thousand company shares distributed worldwide, including small caps. Everything else is risky gambling...
••
@AlexBloch For me, a broad spread is already given from 7-20 shares. After that, you hardly have any currency appreciation.
••
@AlexSch Then take a look at the financial findings, preferably the books by Dr. Gerd Kommer.
••
@AlexBloch Just do the math, with 20 shares a total loss of one share with the same weighting is only 5%, if you can't stand it, ask Olaf about his savings account.
Diversification is also just a hedge against incompetence or ignorance (if we're not talking about Wirecard, which falsifies its balance sheets).
Diversification is also just a hedge against incompetence or ignorance (if we're not talking about Wirecard, which falsifies its balance sheets).
••
@Komar I write it down for myself.
••
2Yr
@AlexBloch I wouldn't call it gambling. If I wasn't always buying exciting new stocks, I wouldn't have SMCI or Modine Manufakturing, which have soared within a short space of time and will hopefully continue to do so. It's simply fun.
••