2Mo·

Having Charlie Munger in your profile picture doesn't mean you're as successful as him.


A look at the end of my portfolio shows the weaknesses and mistakes that were made.


You might say Fallen Angel.


LVMH $MC (-0,12 %)

Bought on 30.05.2023 after bad news and a fall in the share price.

In the back of my mind sayings like

"Luxury always works" and "LVMH is a long runner"

Suddenly, every influencer at the time had

had the share on their buy list and so on

28.09.2023 was bought again.

However, there was no shortage of bad news, the share disappointed and an exit was missed.


Tokyo Electron $8035 (+0,17 %)

Due to US sanctions against China, there were considerations that China would obtain high technology from Japan.

And due to the AI hype, on 8.02.2024

Tokyo Electron and Advantest $6857 (+4,86 %) were bought at a high P/E ratio.

Nevertheless, Tokyo Electron was quickly up over 30% and the joy was great. And a stop loss was not set either.

And so it was that an interest rate hike in Japan caused the stock market to crash. And of course the first to be hit were the overvalued hype stocks.

Incidentally, Advantest is already well up again after good figures and I am optimistic about Tokyo and fortunately the position is only very small.


ASML $ASML (+0,7 %)

History repeats itself. Here, too, we bought after the market correction on 31.07.2024.

Again it was influencers "ASML has a monopoly"

and it won't get any cheaper.

But things turned out differently. The last quarterly figures proved me wrong.

This now raises the question for me

BUY UP ?

or will it be an LVMH story?


My dears,

Of course I am aware that in the long term I will be smiling about this in a few years' time.

And a diversified portfolio keeps such things in check.

But as a clever investor, I could have invested LVMH's money better over a year.


Please tell me your opinion on this, do you set stop losses and where do you set them?

What strategy do you use?

When do you buy?

etc.

You are the best community, and I would especially like to mention that the tone has changed for the better in the last few weeks.


Thank you my dears 😘🌹

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58 Commentaires

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Will be back, just be patient ☺️ also wanted to get into $MC, I usually wait too long and then the price runs away again. Unfortunately, we don't all have a crystal ball 🔮. If you are convinced of the companies in the long term, then invest.
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I would simply continue to buy LVMH and ASML. For me, they are among the few really good European companies on the stock market. Sure, it's always annoying if you've bought unfavorably, but in the long term it's not that relevant.
Otherwise, it might be better to use a savings plan in future.
In my experience, it can really make sense psychologically. It makes a huge difference whether you are 10% in the red with a €100 investment or €10k.
It's better to be annoyed if it rises too quickly than to be frustrated because you're always in the red.
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I think your problem is that you are looking for entries when the trend continues. If the share then falls and you haven't set an SL, you'll be in the red pretty quickly. Try to choose your entries anti-cyclically. Then the share is already at the "bottom" anyway. I've done well with it so far
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And the whole time I thought that was you in your profile picture 🤦
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I've never heard of Tokyo Elektron, but the other two are going up again. I have made LVMH my 3rd largest position with an average purchase price of €620
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ASML is one of the few European stocks in which I was also invested until SL took hold. I also almost got back in at the end of August after GD200 was exceeded. But I didn't, because I wanted to wait and see whether it was sustainable or just daily fluctuations. If you look at the logarithmic long-term chart, the upward trend is completely intact and the small setback is of no consequence. Nevertheless, I would wait until the 200-day line, which the share tends to bounce off from time to time, is sustainably exceeded before re-entering the market.
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Stay tuned. No more than 5% allocation in a single share.
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I am currently thinking a lot about my portfolio and one of my frequent thoughts is to sell everything that is already heavily weighted in the core ETF. In addition, just to address the topic of ASML and LVMH, I also have a crazy idea here as to why these could be two bad investments (too late for us, as we are already in), namely because: these stocks have already performed very strongly and well over a long period of time and therefore many and large investors can take profits at any time out of fear and they then fall sharply. This could not happen to the same extent if a comparable share had been in a previous state. So the idea of a broadly diversified global fund as a core and small satellites of promising, as yet unknown stocks (finding them is of course a huge challenge) is becoming more and more established in my mind.
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I would not be interested in minus 20 - 30% for a few stocks, but rather in the wrong decisions made in recent years.

Stock purchases that were not made or mistakes that were made with sales.
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nice post
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