1Mo·

The journey begins!

I have taken the plunge and started investing - a topic that has interested me for some time, but which I am now finally actively pursuing.

This journey will certainly have its ups and downs. But that's exactly what it involves: learning, sticking with it and thinking long-term. Here on getquin, I would like to share this journey with you in all its comprehensiveness and transparency.

The first building block is the investment of my side income from my second job. It is the $ETF210 (+1,39 %)
Amundi Prime Global UCITS ETF (ISIN: IE0009DRDY20) - a globally diversified ETF with over 1,400 companies from 23 developed countries.

What convinced me:

Broad diversification
Ultra-low costs (0.05% TER)
Accumulating - dividends are reinvested
Physical replication (i.e. real shares in the fund)

{There are also 2 negative aspects to mention: Launch date not until 11/2024 - fund size at 709m }

It contains big names such as Apple, Microsoft, NVIDIA, Amazon & Co - and is therefore a solid basis for long-term wealth accumulation.

I'm excited to see where the journey takes us - and will regularly share my learnings here.

Let's grow!

1Position

83,39 €

0,11 %

15 Commentaires

TotallyLost@TotallyLost

1Mo

Great and if you don't change anything from now on and just keep saving, you will outperform 80% of all users here. 😁

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cozymo_@cozymo_

1Mo

@TotallyLost That's a very ambitious goal. But if you stick to it, you can achieve it. The aim now is to increase the savings rate. The target is actually €350-500 per month. 📈😉

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Epi@Epi

1Mo

@TotallyLost Maybe! 😅
When a bear market comes, however, 80% of Germans are likely to outperform this strategy. 😁

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Epi@Epi

1Mo

A start has been made!
Have you already looked into portfolio concepts and strategy diversification?
It might be worth starting right away without having to learn the hard way like me. 😅

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cozymo_@cozymo_

1Mo

@Epi yes, I have such a satellite portfolio in the back of my mind. and then more or less focus on relevant or future "booming" sectors.

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Epi@Epi

1Mo

@cozymo_ I didn't actually mean Core Satellite (at least not the way it is usually - mis-interpreted - here). 😅
Trying to cover booming industries would also be the next, normal step in paying the apprenticeship fee.
Probably no one can avoid it, not even you. So: go for it! Burn your cash while the pile is still small and gain experience for when it's big! I mentioned the alternative above, but you'll probably only understand it as such once you've gained some experience.

Good luck! 🚀

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cozymo_@cozymo_

1Mo

@Epi do you mean, for example, value and growth? or is there something else besides the main etf that I can use to react flexibly to the market?

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Ozzel@Ozzel

1Mo

Good basis, especially if you can save it completely with a second income that you don't need, it will grow quickly

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cozymo_@cozymo_

1Mo

@Ozzel For the next 2 months, it is planned to save only with the additional income. After that, a small part of the disposable income will slowly be taken from the main income to achieve a savings target of around €350📈👍

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Ozzel@Ozzel

1Mo

Great. Then split a little and add two more ... I currently have 3 etf that I save permanently.

ETFs (regular savings plans):
- iShares Digitalization (A2ANH3)
- L&G Artificial Intelligence (A2H5E2)
- VanEck Gaming & eSports (A2PLDF)
→ Focus on future technologies, AI and digital megatrends.

And then another one where something comes in when it's over. WKN A2QBZO

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wasi@wasi

1Mo

@Ozzel Why add 2 more? Why not save in one ETF first?
@cozymo_ Stick with one! And no sector ETFs, please

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Ozzel@Ozzel

1Mo

@wasi simply because of the diversification and with 350 euros in the first one, it's ok if you then diversify a little with more savings deposits

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Patrick Schäfer@Hotte1909

1Mo

It was created in 11/24 when Amundi once again pooled several ETFs. A lot of volume was lost there - Prime Global alone had over 4 billion fund volume at the time. Unfortunately, this often happens at Amundi. I also changed providers back then. The liquidation was also considered a sale at the time and had to be taxed

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cozymo_@cozymo_

1Mo

@Hotte1909 that's correct. i actually opted for it now simply because it's so cheap. although that doesn't matter so much. i don't care about the age. however, there are some who say that you shouldn't save in it for less than 3 years or that it's too risky

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Dukke@Dukke

1Mo

Everything done right. Keep up the good work.

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