Depot presentation
Hello everyone,
Please find attached my portfolio, my background and my goals.
I am 20 years old, I have been dealing with the topic of shares and investing since March 2023. I am currently doing my apprenticeship as an e-commerce businessman and live with my father.
First of all, I have to say that I introduced myself to everything, as my father has nothing to do with investments, except for the fixed-term deposit and savings account at the savings bank. Ever since I was a little boy, my father has been all about money and from today's perspective I can say that he should have saved less and lived a little. He should have enjoyed his time on earth and treated himself to something.
My mother's money is just enough for a "normal" life and she's happy so far.
I haven't wanted for anything since I can remember and I'm grateful for everything I've been given and for the life I have as a result. My future is pretty well laid out, but I still want to grow.
I will probably inherit my father's house, including a granny apartment and a large plot of land, and my mother's house. The combined market value is currently around €1 million (not taxed).
I'm currently earning €870 from my apprenticeship, of which I'm putting €550 into the deposit.
As my aunt is a real estate agent with her own company, I have been able to acquire a relatively good knowledge of real estate and will be able to apply this in this area in the future
Origin of the capital:
1/4 of my portfolio comes from equity which I have saved up through bridging work after graduating from high school and my current education.
2/4 comes from my father's inheritance, which he has already made available to me for my current use.
1/4 comes from a building society savings contract from my aunt on my mother's side. She is now saving in a pension fund with €40 per month and a current value of around €4k paid in by me (not deposited in the custody account).
Strategy:
I focus on growth and high-dividend stocks that will continue to give me pleasure in the future.
As I first had to get to grips with everything myself and also liked to try things out in order to understand and get to know everything, to learn from mistakes and to enjoy successes, I sometimes made misjudgements. However, due to my young age, I don't see this as a problem. In terms of dividends, I rely on the payments that motivate me and give me "feelings of happiness", regardless of whether I leave a return or not.
Initially, I still had a relatively large number of positions and have now reduced them quite a bit and am still holding them. Now it's time for me to concentrate on a few individual stocks and increase them to around 3k each in order to be evenly positioned. The main aim is to concentrate on my ETFs in the portfolio and to pull up my "favorites" as well.
Positions that will be removed as soon as the time is ripe (in my opinion) are as follows:
$NIO (-0,87 %) (Nio)
$LI (+2,73 %) (American Lithium)
$SEDG (+1,96 %) (Solaredge)
$P911 (-1,22 %) (Porsche)
$CVX (+0,77 %) (Chevron)
$BMY (+0,41 %) (Brystol Meyers)
$AAPL (+0,41 %) (Apple)
I currently have the following securities in my savings plan: $IWDA (+0,51 %) (MSCI World) 225€
$CSPX (+0,66 %) (S&P 500) 100€
$n/a (+0,27 %) (Europe 600) 50€
$ALV (+0,12 %) (Allianz) 50€
$MSFT (+0,69 %) (Microsoft) 20€
$BLK (Blackrock) 20€
$V (+0,81 %) (Visa) 20€
$GOOGL (+0,88 %) (Alphabet A) 20€
The following titles will be added in the coming month:
$EWG2 (+0 %) (Euwaxx Gold) SP 20€
$BRK.B (+0,67 %) (Berkshire) 1000€ + SP 20€
Targets:
My goal is to be able to live from my current decisions at some point. Today, I firmly believe that I can and will achieve this goal if I want to.
Strokes of fate can always happen and I am aware of that. I try to make up for my father's "mistakes" and not let the money rot.
I constantly try to bring joy to my fellow human beings and also to enhance their lives, as I believe it is too short to be exposed to greed, bad moods and resentment.
My deposit target is 100k by the time I'm 25, or even earlier 😄
I would also like to start renting out my first apartments at the age of 26/27.
My biggest goal is to own a vacation home/house abroad at some point and to have lived my life until then and not have done without anything.
Please leave your feedback and thoughts for me in the comments! 😃
You can keep your envy and hate to yourself.
And just to be clear, this post is in no way meant to brag! Just for sharing and self-reflection.
