18H·

I need your advice

Hello everyone,

I've been here at Getquin for about 3 months now and I have to say I find the contributions from @BamBamInvest
@Multibagger
@Tenbagger2024 all of you here extremely interesting. You all offer extreme added value and I am always amazed at how active you are here... Because of this I wanted to speak up and ask for your opinion as I am totally unsure what to do...

First of all, I'm still quite young, so I still have my whole life ahead of me and can still "allow" myself to invest riskily, although this is of course always objective. At the moment I don't really have a strategy that I'm following or a plan for the coming months/years. So far, I've mostly bought stocks based on recommendations from posts here or YouTube videos, and I've ended up with a pretty colorful bunch... I have of course looked into the companies myself but to be honest a lot of the purchases have just been repeat purchases without really knowing what I am doing.

Among other things, I own

$XRP (+1,29 %) (one of my first purchases)

But since the whole thing is not subject to a real system and in my opinion I diversify too much, since I invest with smaller amounts, it would help me a lot if you could maybe recommend something to me how I can proceed... Maybe just 2 stocks? Or an ETF?

I would be very happy to hear from you and wish you a nice rest of the weekend!

15 Comentarios

Tenbagger2024@Tenbagger2024

18H

Hello dear, thank you for the flowers.
It's nice that you're giving it some thought. And I think it's important to have a strategy.
The beginning is probably the most difficult.
And the stock market doesn't just go in one direction. That's why it's also important to pay attention to robustness and to have a core.
I'm a fan of individual stocks.
But I would still recommend an ETF for the smallest amounts.
However, a global ETF is not always the first choice and there are great alternatives.
If you do decide to invest in individual stocks. Then I think it's a prerequisite that you learn how to analyze companies. So that you don't have to make your decision based on recommendations. But based on your own analysis.

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Hannes@TheGekko

17H

@Tenbagger2024 Thank you for the quick reply! I thought maybe 80/20 would be quite good... For ETFs, I would mostly go to $VWCE and then increase the Asia portion with an Asia ETF, although I don't really know which one I would take yet... The other 20% would go into Bitcoin...

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BamBamInvest@BamBamInvest

17H

@TheGekko I see it similarly to @Tenbagger2024. I would first invest on an ETF basis in the form of a core (MSCI World/EM IMI ) or even simpler Allworld and then slowly read more and more into the topic and then you can start to build satellites (shares) around it. You basically have a few great companies to choose from. Separate yourself from the ones you are least overtime or which you don't understand and move the part into an Etf which you then continue to save. If at some point you feel more confident or get more involved, you can reinvest some of it in shares. This will all develop in the future as you gain experience. ✌️

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BamBamInvest@BamBamInvest

17H

@TheGekko you have to feel comfortable with it, but maybe invest on an ETF basis at the beginning until you get the security and feel more confident, if you want to do so at all.

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Hannes@TheGekko

17H

@BamBamInvest Yes, I think I'll learn more over time. What ratio of shares to ETFs do you recommend? Thank you very much for your quick reply!

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BamBamInvest@BamBamInvest

16H

@TheGekko That depends on various factors and also the selection of shares 🤣 Rather growth or value. But 70 core/30 individual shares or 60/40 also depends on the
total capital and costs of the individual purchases. Just try it out. If you want to have the opportunity for more returns, 50/50 . Don't know your risk tolerance. If you are still young and have time, try it out and find the way that suits you. Experience has shown that you will probably change your strategy 5 times over time 😁

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TradingHase@TradingHase

16H

@BamBamInvest Feeling safe is really not unimportant. I'm also happy to follow tips from you @Multibagger @Tenbagger2024 @BamBamInvest and a few others for a small entry after I've gotten my first figures and information.
Little by little, I've read more about the shares and also looked for something I'm convinced of or found interesting in other shares.
With one or two shares, however, I realized that I wasn't really convinced by the business, the figures or whatever else and I pushed them and invested more in companies that simply convinced me.
That's how $IREN gradually became my biggest single value.
Feeling comfortable with the investments that you understand and that really appeal to you. That's what I call the feel-good portfolio. 😉

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BamBamInvest@BamBamInvest

16H

@TradingHase That's the way it has to be, an investment that you don't understand and aren't 100% convinced of won't last through difficult phases and you'll be forced out sooner than you think 😁

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TradingHase@TradingHase

16H

@BamBamInvest Ok, you've described what I meant very briefly 😂

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BamBamInvest@BamBamInvest

16H

@TradingHase 🫡👊

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dadi.eth@dadieth

18H

Buy Crypto Spot

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Hannes@TheGekko

18H

@dadieth And which cryptocurrency in particular?

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Eddy@ZPark91

17H

I also think the community members you mentioned are great. But you really have to inform yourself and make a decision based on your own convictions. If you don't stand behind the investment decision and the company yourself, it will be extremely difficult for you to hold on to the company. Doubts will always remain. Blindly copying someone will probably not let you sleep peacefully in the long run.

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Hannes@TheGekko

17H

@ZPark91 Yes, you're right! That's also the reason why I'm thinking of switching my plan from stocks only to ETFs and stocks, although I'll probably start with ETFs only... Thanks for your feedback

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Ph1l1pp@Ph1l1pp

18H

S&P500 + BTC

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