1Lun
Pro tip: Never play the "investment advisor" for family, friends, etc., you will always be the bogeyman!
I would explain to your mother how it works, what products are available, how they are put together, what the options are for her investment term, etc. so that she can make the decision herself.
I would explain to your mother how it works, what products are available, how they are put together, what the options are for her investment term, etc. so that she can make the decision herself.
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•@FKabs had exactly the same thoughts at the beginning. If she has to take care of it herself, then the money will stay in the savings account like it has for the last 5 years.
That's why I only invest in the global ETF in US dollars and the European ETF in euros.
and the small addition for regular dividends.
That's why I only invest in the global ETF in US dollars and the European ETF in euros.
and the small addition for regular dividends.
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1Lun
@DerfligendeHollaender Does she understand covered calls?
Do you understand covered calls?
Do you understand covered calls?
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@RaphGM I've heard it before, but I don't quite understand it, so I don't bother.
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1Lun
@DerfligendeHollaender why then $JEGP?
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@Pezi for a regular cash flow and the partial utilization of the saver's lump sum
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@Pezi ah okay, now I understand your question.
I actually didn't know that the ETF uses these covered calls.
I actually didn't know that the ETF uses these covered calls.
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•1Lun
@DerfligendeHollaender $JEGP uses a covered call strategy.... you write that you are not familiar with it.... do you really think that this is the right product for your mum?
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•1Lun
@DerfligendeHollaender If you want dividend income for your mum, then it's better to use a simple product such as the $TDIV
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@FKabs Your tip is garbage. If you can't do it financially, please don't assume others can. Only losers give tips like that.
I manage my brother's and my mother's portfolio. Without me, they wouldn't be in the stock market and wouldn't invest at all.
I've also optimized all my mum's costs and increased her monthly income.
My ex got more support for her self-employment through me, I did her taxes and massively reduced all her costs. Mentally pushed and supported her.
I bought and installed balcony power stations in all households.
I got rid of all of my partner's DVAG waste contracts, optimized all of her contracts/costs and gave her tips on optimizing her salary in her part-time job. She will also start investing in shares and gold this year.
I manage my brother's and my mother's portfolio. Without me, they wouldn't be in the stock market and wouldn't invest at all.
I've also optimized all my mum's costs and increased her monthly income.
My ex got more support for her self-employment through me, I did her taxes and massively reduced all her costs. Mentally pushed and supported her.
I bought and installed balcony power stations in all households.
I got rid of all of my partner's DVAG waste contracts, optimized all of her contracts/costs and gave her tips on optimizing her salary in her part-time job. She will also start investing in shares and gold this year.
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