Peer pressure kicks in and I was forced by @Fabzy to say a few words about me and my uh... "strategy" or something.
so...
I always found finance totally boring. I'm not sure if Undercover Trade Republic employees brainwashed me, but something happened a few years ago, in my early 20s. Suddenly the thought of taking my money to a magical place and watching it become more (or less 😭 ) was somehow.....irritating.
300h of financial flow videos later and seeing Gerd Kommer's face in my sleep, I had landed in the endless maelstrom of 70/30 and co. and set up my All-World in January 2020 with a large investor savings rate of 50 euros per month. Thanks to my first full-time job and very low expenses, I was then able to quickly increase the monthly investment sums massively. To 51 euros, of course 🤡
Apparently, the broker sales reps were at it again and tempted me to buy my first shares and cryptos some time later.
**
This is how I am currently positioned investment-wise:
- ETFs: FTSE All-World (distributing) to take advantage of the saver's allowance. I don't save any more, but leave it and reinvest the dividends. FTSE All-World (accumulating) is saved monthly on an ongoing basis. This is my conservative basis.
- Selected individual shares as long-term positions (I only make individual purchases, no savings plans). My focus with my individual stocks is on tech, healthcare and luxury. I do not currently pay attention to dividends and do not pursue a dividend strategy.
- My cryptocurrencies are Bitcoin and Ethereum. I will stick with these two and add to them with one-off purchases when the opportunity arises.
**
I'm doing all this because I want to be able to decide for myself when, how much and where I work and therefore have more time for my family, friends, projects, hobbies and travel. That's the big goal in a few decades - or when the $LORY (-0 %) coin starts to climb 🤡
Okay that's it, bye.
