Hello,
I am 23 years old, studying business administration and have been investing for just over 3 years now. I hope to get some helpful tips and possibly inspire you.
I have read the post from @DonkeyInvestor regarding feedback and hope to be able to make a good contribution.
1. why am I investing?
The first reason is actually a simple one: to avoid spending money unnecessarily on consumer goods that you don't actually need.
Another reason is to have a financially relaxed life (I grew up poor and a few days' vacation with school was already a financial challenge).
Other considerations are, for example, living in Vietnam, Cambodia etc. during the winter months and being able to finance at least a large part of this through future dividends, but this is something that could of course only be the case in the distant future.
2. strategy
My strategy is that the MSCI World has a share of around 25 to 35% and the rest consists of high-quality individual stocks.
In my view, high-quality stocks are companies that have strong key figures (e.g. ROCE, margins, low debt...) and, in the best case, a strong moat. I base my strategy very much on Terry Smith.
Growth is very important to me, dividends are nice but do not currently play a role in stock selection. The focus is on capital growth.
Basically, I see myself as a long-term investor, but I have already carried out some restructuring in my portfolio, as there have of course been a number of rookie mistakes (e.g. buying the next "hot tip"). But you learn from your mistakes and I'm glad I did, as I'm now looking more closely at companies and really paying attention to key figures.
This also helps a lot psychologically, as it no longer makes me nervous when a share is down 20-30%, as I know (or think I know 😆) that the company is still strong.
3. why these stocks in my portfolio?
As already mentioned, I pay close attention to key figures such as ROCE, margins, debt and free cash flow.
The sectors that are most exciting for me are IT & healthcare in particular, but also consumer goods, as I expect the highest returns there. The focus will remain on these sectors in the future.
With the exception of Ahold Delhaize ($AD (-1.38%)) and Bico ($BICO (-2.61%)), I am very satisfied with my selection. Although Ahold Delhaize is a good company in my opinion, it no longer quite fits in with my strategy.
4. how will the portfolio be further expanded?
Monster Beverage $MNST (+0.87%) and Church & Dwight $CHD (+0.44%)
You can see other possible companies in my watchlist.
Otherwise, I intend to gradually increase my current positions.
5. what do I not want to have?
Crypto, gold, silver, bonds - all uninteresting for me.
I'm looking forward to your input. You can also tell me about companies that you think would be a good fit for my portfolio. But please no companies like 3M, PayPal, MPT or other classic "insta-turnaround candidates".
