Don't be put off by other opinions here. If you are convinced of a company and think your purchase price is a good opportunity, you don't have to justify yourself. Everyone else here doesn't have a crystal ball as to whether it's too expensive or too cheap. My advice is: DO YOUR THING!
@Multibagger I think so too! Personally, I think prices of over €1000 are realistic for BlackRock! In 10 years, it won't make any difference whether I paid €10 more or less 😉
@Multibagger I am the best proof of this 🤣 I always buy higher than the others, but if you have a little patience and fundamentally choose the right companies, it doesn't matter in the end. @BavarianLion you have to be convinced, otherwise you won't hold the company in difficult phases and may lose your nerve. ✌️
@BamBamInvest Yes, except for your risk positions. You give them up like you do with $3350, even though you believe in the €20. 😉 If they manage to do that, which I think they will, I don't think you'll be able to top this return with your alternative $LMND.
@BamBamInvest So I am really very convinced of BlackRock! For me, it's perhaps even the best stock apart from Mag7! But well, everyone has their own personal opinion... 🙂
@Multibagger I expressed myself incorrectly! I meant over €1000 in the near future! Didn't BlackRock just present a plan that they want to double their market capitalization by 2030! If they manage that, then of course it would really be a 🚀🚀🚀
@Multibagger well $3350, I also think that they will reach the 20$, but if I plan to hold $LMND for 5 years plus, I think that I can top the return, of course not in the short time, but I also plan to increase $LMND even further and so I have the same return much earlier. Of course only if the investment thesis works out and yes of course I could have put 4-5 k into $3350 😁. But as you've already realized, I'm not that much of a trader 🤣
@BavarianLion I also think the company is great, but I don't see the expected returns as with my other companies. ✌️ always depends on what investment strategy you follow, you have to be able to sleep soundly ☺️
@BamBamInvest So I'm more the "conservative" type! I have 70% in FTSE All world and 30% in relatively strong individual shares! I'm perfectly happy with 7-10% returns per year! That's why I tend to pick the "safe havens" for individual shares! BlackRock, Allianz, Amazon,...
@BavarianLion That's how I see it too and my savings plans for all individual shares should continue in the same way for at least another 7.5 years. A summary will then be drawn at 50. Stay tuned, it won't take long😂
@Maverick4831 I am also a long-term investor, so I am relatively uninterested in one or two setbacks! They are actually rather good buying opportunities!