1Semana·

Everyone gets on the wrong train

What do you do in such a situation, for example the company $RMS (+0,62 %) has a strong moat, I plan to keep it for years anyway, but at the moment it just looks like shit🙈

where would you pull a ripcord because at the moment it just looks like it's going downhill all the time

20 Comentarios

alphawolf@alphawolf

1Semana

So at the moment it looks exactly the same for me with LVMH. But I'll just keep holding them

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༺Yuichi༻@Yuichi

1Semana

@alphawolf Yes, I do too. I hope that the war will be over at some point and that everything will pick up again

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Epi@Epi

1Semana

@Yuichi Hope, the last step before despair. 😳

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Keineui@Keineui

1Semana

You write that you want to keep them for years. Then just don't look. :)

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Francis@Underwood_F

1Semana

I'm skeptical. I mean, this thing makes up 20% of your portfolio. That's just brutal. I never go over 5% for individual stocks. In exceptional cases over 10%, e.g. in situations like the customs crash.
With a 20% portfolio weight, you lose 28%. That really hurts.

But the child has fallen into the well. I probably wouldn't react now either. Fundamentally, they are always too expensive for me. I can also see a support zone in the chart, but there are also companies that have broken one support level after another

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༺Yuichi༻@Yuichi

1Semana

@Underwood_F that wasn't the case before i had to take a lot out of the portfolio back then. Now everything is slowly being built up again bit by bit, but the share that I never sold just looks really shit now.

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Default G.@Sunrise-Mantis

1Semana

Had a similar constellation with Novo, which grew too much due to "cheap additional purchases". It's just stupid when the part gets cheaper and cheaper😂. Have now halved the position as there are much better options on the market.

I think you have to realize your mistakes sometimes & just get through it.
If you see the rebound at luxury, stay in, but I think it will take a little more staying power

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Francis@Underwood_F

1Semana

@Sunrise-Mantis yes, I couldn't help but think of Novo here too. Although there's also the fact that the management is brilliant at failing to meet expectations 😅

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Default G.@Sunrise-Mantis

1Semana

@Underwood_F in any case😂 rarely experienced anything like it.

But well, that's the way it is. Sometimes you have to go through it😉

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Kai@Dividenden-Sammler

1Semana

If you want to be a long-term investor and continue to believe in the company, I would consider buying in 2 or 3 tranches. Buy one tranche now and, depending on the direction it takes, wait and see with the 2nd and/or 3rd tranche.

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Sansebastian@Sansebastian

1Semana

The next support level is around €1400-1500. A stabilization should then occur here. So wait and see what happens

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Marcel@xzxzx

1Semana

I find it hard to imagine that Hermes will outperform the market over the next few years. Simply too many risk factors. And in my opinion, that should be the case with individual stocks.

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jdb@Ultimate_Accumulator

1Semana

You will be fine. It is a great company.

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Basti92@BavarianLion

1Semana

I would never sell with a brand like $RMS! I bought it myself last week at €1680! Hold the stock for 10 years, then things will look very different!
But that's just my opinion, not investment advice!

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༺Yuichi༻@Yuichi

1Semana

@BavarianLion yes, i'm not selling it either, even though i'm now six hundred

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Julien@HappyJulienDay

1Semana

I can sympathize. My whole portfolio looks like your position. It's public. Maybe then you can sleep more soundly again.

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༺Yuichi༻@Yuichi

1Semana

@HappyJulienDay 🙈🙈

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Stilgar@Stilgar

1Semana

Basic question: Are you a trader or an investor?

You write you want to hold it for years then do it if you are convinced of the investment otherwise away

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Kapitän K.@PalmPirateTechnocrate

1Semana

The thing has a P/E ratio of 40. Yes, luxury, but the European average is a fair 17 or so. I think it will still fall. If you can bear it, hang in there. If not, pull the ripcord at 35% or even -50%. I have often pulled the ripcord at -50% and it has saved me from even more losses (Paypal). They say: limit losses, let profits run.

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Bubu@Bubu_98

1Semana

If the market rises and you have a crutch in your portfolio, it naturally hurts and you consider selling in the red.

However, this is usually exactly the wrong time. I would think again about your investment case. If it is still in tact and you are convinced of Hermes in the long term, then a classic hold.

If this is not the case and you see better opportunities elsewhere -> sell.

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