1Wk·

📉 Impatience is my biggest adversary on the stock market 📈

Do you know the feeling? You save well every month with a savings plan, invest continuously - and yet sometimes it feels like nothing is happening. 😶

You look at your portfolio, see +1 % here, -2 % there, and ask yourself: What am I actually doing all this for?

But this is exactly where the danger lies. It's not the market that's the problem - it's our expectation that assets must grow quickly. 🐢💸

What I tell myself at times like this:

🔁 Every savings plan is like a mini-building block.

🔁 Interest doesn't work in the short term, but exponentially - with patience.

🔁 Patience is not waiting, patience is investing with confidence.

📊 Today it's a few hundred euros in growth. In a few years' time? Maybe a portfolio that pays dividends, generates returns - and gives you financial freedom. But only if I stick with it.

👉 So: start a savings plan, focus on long-term goals - and keep going. 📆

#BuyAndHold
#Sparplan
#Geduld
#Börse
#LangfristigDenken
#Vermögensaufbau
#DividendenFlow
#RealTalkInvestments

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33 Comments

Andre@DivGrowth1989

1Wk

thanks for the reminder - I'm also currently in a "phase of doubt" 🙈🙈

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Charly@FinanzPapa

1Wk

@DivGrowth1989 You are not alone 👍🙈 We will be damn grateful to our "self" one day when we look back from 1 million 👀👍

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Andre@DivGrowth1989

1Wk

@FinanzPapa hoffentlich 😅

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Epi@Epi

1Wk

@FinanzPapa When we look back from 1 million, we will be amused that we once thought we were off the hook with that sum. 😅

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A. J.@reliko

Aren't you invested in dividend-paying ETFs or shares? There's always some money in there, no matter what the prices are. This can then be reinvested... and the compound interest effect continues. 🤌 Muhahaha... 😅

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Schweizer_Investor@Alumdria

@Epi At 1 million, the compound interest effect really kicks in.

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Epi@Epi

@Alumdria In what way, actually? 5%pa is always 5%pa, regardless of whether it's €1000 or €1 billion.
5% of 1million is just 50k. After deducting taxes, maybe 35k remains, which is about 3kpM. And the compound interest effect doesn't work because you withdraw the money.
What can you afford from 3kpM in 20 years? Certainly not what you can afford today. 😁

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Epi@Epi

1Wk

You'll realize what you're actually doing it for at the latest when +1% in your custody account equals your monthly net income.

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ShrimpTheGimp🦐@ShrimpTheGimp

1Wk

@Epi absolutely right. But it's a very long road to get there. It takes a lot of discipline. If you think long-term, no problem. But if you take a more short-term view, some people will crumble 😉

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Ronald@AlterMann

1Wk

Exactly.
And if you don't put yourself under pressure, it's much more relaxed.
I don't have to think every month about whether I'd rather buy this or that share and I don't get annoyed afterwards because it was once again the wrong one - savings plan for all positions and off you go. And as dividends/income rise, the savings plans are increased

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Charly@FinanzPapa

1Wk

@AlterMann You speak the truth! Just keep it simple and let the full financial power of your savings plans take effect and increase as your dividend income grows! 👍

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Shell@Shell

I agree. But what broker do you use? One of my two brokers allows savingsplans (Trading212) but I don’t use it because I don’t like the fact that it in most cases means it will cost a lot more (mostly hidden) spread/transaction costs because it wil mean more and smaller transactions.

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Chris@Multibagger

1Wk

I don't doubt myself and my strategy😉! Period! About individual trades yes, but never about the whole thing.

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Charly@FinanzPapa

1Wk

@Multibagger great mindset, that impresses me!

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Chris@Multibagger

1Wk

@FinanzPapa I am completely serious about that. That doesn't mean that I don't often think about how I can get even more out of it, but I am fundamentally convinced that I can beat the markets in the long term and do so significantly.

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Aspirin A.@AspirinAndi

1Wk

Who hasn't experienced it when the savings plans are executed on the first day and the next day you make a loss. 😁 Fortunately, in the long term, the one day is not relevant, so it hurts a lot less 🫡

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Bob@NoBobble

1Wk

Exactly. And zooming out often helps too 😉

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HumanWithCap@realarb

1Wk

The stock market rewards the patient.

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Patrick@patbate

@FinanzPapa I can only recommend the book "On the Psychology of Money" to everyone. Among other things, it describes very well how Warren Buffett became so rich. The answer is not only his consistently good performance of >20% p.a., but much more his continuity over the entire investment period. He started investing at the age of 11. "The 8th wonder of the world is the compound interest effect".

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Sören W.@Soeren76

Apple trees do not grow overnight.
It takes years before it bears its first fruit. And over time it grows more and more, gets bigger and bears more and more fruit.
And new seeds are planted with the cores.

We are the gardeners, we have to water it and look after it.

It is also a nice learning process to learn patience.

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MrSchnitzel2000@MrSchnitzel00

1Wk

Nice article, I agree. In addition, corrections and uncertain times are also good opportunities to buy and re-buy. Otherwise, simply let the savings plan run consistently and think long-term. (Patience pays off)
Best regards ✌️

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Dagobert D.@bbh_saver_

1Wk

Great post (and even better picture 😉)

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Moritz@MoKi28

Very true and important! I was also in the red for several years and that was really demotivating. I'm now well into positive territory and there would have to be a major crisis for me to slip into negative territory again.

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Macho Man@MachoMan

Great contribution 👍😃

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Pedro M.@serkeftin

yeah agree and also my worst adversary, willing to profit from any opportunity. It's good partially to make a selection of which opportunities are much better than others, but you cannot be everywhere and sometimes it's a matter of, as you say, let the magic of the compound interest working.

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Save_Income@Mexico2035

Thanks, I just needed it.

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Ricola@Roccola601

21H

I feel. 😄🙏🏼

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Schweizer_Investor@Alumdria

17H

I also feel as if I'm not making any progress at all. I've been on the stock market for 3.5 years now and have only invested 27,000. They say that everything goes much faster from the first 100,000 francs. But unfortunately I still have a long way to go. It will probably be another 2 to 3 years until I reach the first 100k😅 But a very good article. I've bookmarked it straight away😃

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ShrimpTheGimp🦐@ShrimpTheGimp

@Alumdria Cheer up 😉 You still have plenty of time. The main thing is that you're doing something with your money. For example, I only started last year at 36. But better late than never 😉 We're all on the right track and please don't compare ourselves with others. And 27k is still a considerable sum. Excluding returns, you would have a monthly installment of almost 650 francs. Many people could take a leaf out of your book 😉

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Deleted User

1Wk

Comment was deleted

Scepp@Scepp

@_aaaa_ wieso?

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