DO NOT IMITATE, I AM DELIBERATELY TAKING A CALCULATED RISK!!!
It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it - who look and sift the world for a mispriced bet - that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time they don't. It's just that simple.
Charlie Munger
Since I $TSLA (+2,55 %) is massively undervalued and $11B (+3,42 %) an asymmetric bet with massive upside potential (especially with the release of Fostpunk 2), I have decided to bring forward my savings rate and take out a loan of 15k. I am convinced that I can outperform the interest rate of 7.3% over the 5 years. Thanks to an overdraft facility, I was able to increase the amount to be invested to €18500 (I will close the overdraft facility with the next 3-4 months' salary).
My savings rate is higher than the loan repayment rate anyway and as I will have finished my doctorate in 2.5 years and will then make a significant jump in salary, I am prepared to take the risk.
I have divided this sum as follows:
- 7850€ in 11 bit studios
- 7367€ in Tesla
- 3000€ in Tesla KO certificate 2x leveraged
- 250€ in Tesla KO certificate 8x leveraged
So approx. 44% in 11 bit and 56% in Tesla
(of which 70% in shares and 30% with higher exposure)
Besides, my savings plan runs in addition to the loan installment to build up a core with:
25% MSCI World
25% MSCI EM IMI
25% MSCI European Small Cap
25% Pershing Square
I know I'm getting a lot of hate again because taking credit for an investment is absolutely NoGo (but for a car that already loses 10-20% of its value at purchase it's of course okay😄) and others will just dismiss it as gamble, but for those who understand why I'm doing it or just want to see me fall: Feel free to follow me, I will give monthly updates on how good or sh*t my credit portfolio is doing 😄
