Hey guys! 👋 It's me again, Zottel, and I need your input on strategy.
I'm still totally in my "discovery phase" when it comes to my investment strategy. I'd love to share some thoughts and hear your opinions, especially since I know there are a lot of smart people with experience on here.
🔙 Review: Mistakes andLearnings
At the very beginning, I started with more classic key figure analyses: low P/E ratio, little debt, German market, smaller companies such as Verbio. I took a lot from books, but in retrospect I also realized that I went too much by the numbers... and unfortunately also invested quite concentrated.
👉 Result: a few losses and the realization that theory is not the same as practice. :)
🚀 Current approach: Business model first
I'm now much more interested in the business model of a company, like Hims & Hers, Tesla or Shopify. $SHOP (+3,97 %)
$TSLA (-2,27 %)
$HIMS (+1,96 %)
I simply find it exciting to deal with vision, scalability, competitive advantages and so on. Numbers are still important, of course, but they are no longer my sole focus.
I prefer individual shares because they teach me a lot, and as I think like an entrepreneur myself and want to start a company one day, it helps me a lot. 🙌
📊 Possible strategy: focus instead of breadth?
I'm thinking about deliberately concentrating on 5 to 10 individual stocks instead of diversifying broadly. I might add an ETF as a supplement, but my main focus should be on companies that I can really get to grips with.
Why?
Because I am fascinated by the "HOW" of a company: How do they work? How do the founders think? How do they continue to develop?
Precisely because I work in a start-up myself, I see every day what lies behind innovation, how much dynamism, decision-making, risk, creativity and vision there can be in a company. And it is precisely this understanding that I want to develop when investing. And I know that I won't get much more involved if I just buy the individual shares instead of ETFs.
I don't just want to buy "something" because it's in an ETF, I want to really get to grips with the companies. Not out of greed for returns, but because the whole thing excites me.
To be honest, I'm more interested in the experience than the money. I have big dreams and ambitions, I want to start my own business one day, become an entrepreneur, build things up. And I believe that if I use the time and money now to learn, through real confrontation, through my own mistakes and successes, then that is worth much more than some short-term percentage point in the portfolio.
Sure, it's riskier than simply investing in the MSCI World....But experience>returns
What do you think? Too naive? Or does it make sense if you really want to learn?
I'm looking forward to your opinion! 🙌
🪙 Crypto: new territory for me
I've recently started delving into the world of crypto. The idea of a digital, limited resource appeals to me and I see long-term potential. I'm currently testing it out:
- Bitpanda (I think it's quite good)
- BitWaver Powered by Hive (seems rather confusing to me 🤔)
How do you build your crypto portfolio?
Which platform do you use? How much of your total portfolio is in crypto?
💰 Regular income
I earn really well for my age and I'm wondering:
Should I invest the money directly each month or should I rather wait for market phases with better entry opportunities?
I don't want to miss out on any returns, but I also don't want to buy at the top when everything is hot. Maybe just invest monthly in a disciplined way, what do you think?
I know this is quite a lot of input now, but I just want to share honestly and openly with you where I stand right now. 🙏
I look forward to your tips, feedback and criticism.
I want to learn more, so feel free to share anything you can think of.
Thank you and best regards,
Zottel :)
