Hello everyone,
I have been following this forum for some time now and have decided to present my experiments and current strategies.
On the one hand, because I want to avoid losing track of things, and on the other hand, to prepare my thoughts for myself and also to get other perspectives and opinions.
Briefly about myself
I am 22 years old and graduated last year with a Bachelor of Engineering in Energy Technology.
I am currently working in a medium-sized company in the energy industry in Germany.
I have been rather frugal with money since I was a child. As I got older, my interest in increasing money wisely grew.
I was also lucky that my uncle opened a junior custody account for me when I was born. As a result, at the age of 18 I already had a small starting portfolio worth around 3,000 euros.
At the beginning, I focused intensively on precious metals and also invested in them. I don't plan to touch these holdings in the long term. If I don't need them, I see them more as a legacy for the next generation. I will buy more from time to time.
Basic start
As a first step, and I am aware that this will be assessed differently, I have taken out a unit-linked pension plan with the savings bank, which I save 150 euros per month.
I also took out a building society savings plan, as I basically want to buy my own home in the long term. I am currently renting.
The building society saver is also 150 euros per month per month.
At the same time, I have been working with neobrokers, from which my current portfolio has gradually developed.
Yes, there are still quite a few stocks in it at the moment. I will probably clean that up in the long term.
1st approach, accumulating ETFs
My first approach was to invest in classic accumulating ETFs.
- World, $XDWD (+0,57 %)
- Emerging markets, $EIMI (+1,17 %)
- AI and big data, $XAIX (+0,63 %)
Smaller side bets were added later.
- Armaments, $DFEN (-0,31 %)
- uranium, $U3O8 (+1,5 %)
- batteries, $BATG (+1,55 %)
I also bought my first individual shares to gain experience. Among other things, I had success with $RHM (+1,07 %) . At the same time, I learned how quickly losses can occur if you are not sufficiently diversified, for example with $ABR (-1,02 %) ,$1SXP (+0,21 %) and other stocks.
This ultimately led me to my second approach.
2nd approach, dividend strategy
As I already have a pension plan through LBS and don't want to be the richest man in the cemetery, I focused more on a dividend strategy.
The first attempt consisted of the following combination
The idea came from a business magazine and was aimed at making monthly distributions as even as possible. I also added $QYLE (-0,08 %) to gain initial experience with option strategies.
However, as this combination is only diversified to a limited extent and I deliberately wanted to move away from the USA, I adapted my strategy further.
Current strategy
Fixed savings rates
- LBS, retirement provision, 150 euros per month
- Building society, residual debt for future home ownership, 150 euros per month
Dividend strategy with 115.24 euros per month
- $XDWL (+0,64 %) , 34 percent
- $IEEM (+1,06 %) , 26 percent
- $XAIX (+0,63 %) , 13 percent
- $EXSH (+0,27 %) , 26 percent
Side bets with 81 euros per month
- $DFEN (-0,31 %) , 62 percent
- $BATG (+1,55 %) , 10 percent
- $QYLE (-0,08 %) , 25 percent
Trading 212 experiment with 100 euros per month
Here I am pursuing the goal of bundling individual shares in a common pot, partially saving them and automatically reinvesting distributions in order to benefit from the compound interest effect in the long term.
I welcome tips and constructive criticism so that I can continue to improve my strategy.
Best regards
Mister Kimo
