Mega cool contribution, thank you very much, dear Zockeropi!
Your return is really impressive, I think it's really strong.🫶🏻
To be honest, I'm interested in your fixed-coupon expressers. How do you go about selecting the underlying? I mean, we've just seen in the recent past what can sometimes go wrong, so you have to have something, at least in terms of feeling, to determine where your barrier should be, which you buy or which underlying it will be. Or are you specifically looking for stocks where you wouldn't mind having the underlying put into your portfolio?
Your return is really impressive, I think it's really strong.🫶🏻
To be honest, I'm interested in your fixed-coupon expressers. How do you go about selecting the underlying? I mean, we've just seen in the recent past what can sometimes go wrong, so you have to have something, at least in terms of feeling, to determine where your barrier should be, which you buy or which underlying it will be. Or are you specifically looking for stocks where you wouldn't mind having the underlying put into your portfolio?
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@Get_Rich_or_Die_Tryin thanks for the praise 😌I appreciate it. Underlying selection basically no double investment. All stocks that I actively hold in my portfolio are ruled out due to cluster risk. Then I go into sectors that are in principle not suitable for a dividend portfolio because the yields are too low. Barrier depending on risk at least 40% and then staggered over 45% up to 50%. Even if I sometimes get itchy, I'd rather take 8% at 50% than 9% at a 40% barrier. I measure the stocks on the basis of the corresponding lows and highs in the charts and, of course, how they are positioned fundamentally. Let me illustrate this with two examples that have now been offered to me. There was Softbank, coupon with 10% and 45% barrier. I didn't have to think for two minutes to say no thanks. In the case of Rheinmetall with 8% and a 50% barrier, there were no fundamental concerns. And also from the chart picture I think a setback of more than 50% based on the valuation date 02.04.2026 to below € 775 is very unlikely. Everything can, nothing must hopefully. We'll talk again on 03.04.2028 😇. I also have to make sure that the stocks don't do too well, otherwise I'll quickly be kicked out again, as you know, it's in the nature of expressers. I don't see $RHM as an outperformer in the near future, the best times are over. Rather as a stable sideways runner with moderate losses, most of it is already priced in anyway. And even if there is a drastic downturn, I believe I have a company whose shares I would buy even if they were valued accordingly. I agree with you, for the most part I wouldn't mind having them in my portfolio. And then comes the second part. The advantage of private banking and the scenario below the threshold on the reporting date. I bought at a discount, took the coupons with me and exercised them in cash. Due to the difference between the discount, cash flow and tax refund in the event of a loss sale, I can buy more than 25% more shares directly into my custody account than if the certificate had been booked on a pro rata basis. A bit weird, but this reduces my losses significantly and even a small price increase would at least get my invested capital back.
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•@Dividendenopi So I had the right instinct as far as your selection of underlying stocks is concerned, good.😅👍🏻 I'm with you on both Softbank and Rheinmetall, and would currently rate Rheinmetall similarly, and SoftBank would also have been my clear choice.
The private banking agreement is really a decisive game changer for you, we've already briefly touched on the subject.👌🏻
And of course, you can't do too well with expressers, otherwise you'll have to find a replacement quickly, unfortunately.😅🤷🏼♂️
The private banking agreement is really a decisive game changer for you, we've already briefly touched on the subject.👌🏻
And of course, you can't do too well with expressers, otherwise you'll have to find a replacement quickly, unfortunately.😅🤷🏼♂️
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•@Get_Rich_or_Die_Tryin I'm allowed to say, it's a shame if they're doing too well. Usually 3 payments plus profit on account are more than decent. And then, thank God, the work for replacements is not up to me 🥳😂. That's what I pay for....
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