PSA:
First of all, I have to say that I didn't really expect to join such a pleasant and profitable community - I actually just wanted to track my portfolio. Well, be that as it may, I'm really grateful to have landed here and a big thank you to everyone who actively shares knowledge, tips and simply their thoughts! Until now I've only ever been a silent reader, let's see if that changes now :)
For example, I always like to read where the different characters come from and how the introduction went, or generally just how the big picture was put together.
I'm probably from the absolutely financially uninterested side, and I've enjoyed rolling in consumption.
Banks - insurance companies - investments - GDP - ECB - I just want to withdraw money, maybe it's still a little way to the overdraft facility (what exactly does it do?) Anyway, you don't have to know everything.
Sometime in the mid-twenties - Another call from the local farmer's bank...
*ugh another annual consultation 😖 *
Well, I can come by on Thursday shortly before 1800, I already have a building society saver, financially it doesn't look bad now, you can earn a bit on the overdraft. But how about a fund, that gives a return and you can build up capital, better than our very below-average call money account.
No sooner said than done, we take the fund on offer and pay 150 euros a month into it, it'll be fine.
In fact, I let the whole thing run for a few years and when I finished the transfer I saw, oops, there are green numbers with + and my capital is growing.
I then stumbled across the Y-channels and soaked up information about ETFs, Bitcoin, neobrokers, what the TER is, dividends, etc.
Wait a minute, how much does my fund cost at Bauernbank? I can invest in an MSCI World for much less at Bank Y? That sounds much better!
So I open an account, move the money over and please invest in this MSCI World + EM... Savings plan set up and logged out.
Corona must be happening somewhere in between, everything is suddenly red? I'm at home due to long-term illness and have some time to do some research...
Early thirties - It's now the year 2024, the Corona thing is over, I've changed jobs, etc.
Everything is great and over the years the interest in finance, the stock market and everything that goes with it has grown enormously.
The fund and building society savings plan were liquidated (I could/should even have kept the building society savings plan with closure and possibly a later special payment, but that probably wouldn't have been a bad thing) EGAL I was clearly duped, get rid of it 😂
At the beginning of the year I was tempted by individual stocks, I don't know my way around, but a little entry into ETFs can't hurt, can it?
Of course, the classic way of choosing what to buy without premonition and preparation (due to the job and the current situation = emotions)
We buy Nukular shares, clearly there is a security here for approx. 44 euros $CCO (+5,41 %) and it also looks good $UEC doesn't look bad either, both fulfill my pattern (uranium). Absolutely bullish or what is that called again?
Puhhh would have, would be, if, the knowledge of today and so on 🤐
A custody account was opened at Bauernbank especially for this, my God there were still fees involved, but we're not reading that yet. The entry is done, let's see how the journey continues. I think the value was around 500 euros.
The next mission was coming up and I wanted to close my custody account at Bank Y with the ETFs and transfer everything to my first neobroker. More transactions, more capital flow and more individual securities are planned. Moreover, fewer costs are better, we are saving now.
This is where the first uncertainty came into play - but the transfer will take longer than expected? Is my money gone now? At that time, I think there was about 8k in the ETFs, which was a lot of money for me. But a few days later it was done, my securities were transferred, but the return of a few thousand % was nice to look at but not real.
Again uncertainty, discussions with the support of both banks, no real results and days and weeks passing by.
Absolutely irrational behavior, because it was really only cosmetic... Anyway, my monk then decided - I'll just sell my ETFs and then we'll start learning by doing. If you look at the transaction history in my portfolio, I think you know what I mean.
I have "informed" myself or looked at what I know, what I think I should or could buy and I have changed my mind very often, why not with the low order costs.
But I also have to say that I took this step rationally and I wanted to get in quickly and learn directly on the object, not with some demo depot or something else. Real losses = real learning curve, your trading will probably be punished or rewarded.
There's already a lot of text here, actually I've already told you how I ended up here. I have already made a few "mistakes" or "too quick" decisions, which probably everyone has experienced when I look back on them today and as is certainly evident from my purchases/sales. Up to this point there is nothing to recognize, no real analysis, who knows who is in management and do I really understand the whole thing?
The Novo $NOVO B I rode the Novo FOMO train, I really wanted to have Chipotle $CMG (+0,49 %) in my portfolio at the highest levels, I've turned over my savings plans umpteen times.... Somewhere I'm a Canada fan, so something like $CNR (-0,26 %) of course not missing....
But I don't feel bad at all, my view of the current portfolio is actually pretty good. One or two of the right decisions were definitely made, and my interest in the subject is also steadily increasing. My impulse control is getting better and better and I think analyzing the market and the individual companies is becoming more valuable.
As I've already written a lot, I probably won't say much more about my portfolio, which I will share for now.
I've become a big fan of company presentations/reports and think it's great when people tell you why/why they invested in a particular company.
That's why I've actually planned to present my portfolio in more detail soon with the thoughts behind it.
If you look at the transactions, you will see that there are certain patterns and that everything looks a bit wild and without a plan (which is what it was at the beginning).
Briefly about the portfolio and the story behind it, I started at the beginning of 2024 with around 10k financial resources and wanted to create a "solid" portfolio as quickly as possible that would break the 50k mark. I never thought it could happen so quickly... Of course, a lot of it is self-generated and paid in, I hope that the portfolio can then also take over a large part.
Constructive criticism and discussion is welcome but not necessary, the VWRL should actually be expanded more with the TDIV, but I think individual stocks are great too.
I am definitely pursuing a long-term horizon and would like to hold on to good companies for a long time, preferably value + growth, reinvesting dividends now + a decent savings rate. However, I also see myself investing in more companies with growth in the future, as I have laid my "foundation stone".
So much for now, have a nice evening and best wishes to the community!
*Sorry for any mistakes, if any. I can't or don't want to work through everything again now, so😁* must suffice.
