2Sem.
The question for me is why you haven't invested consistently in ETFs. Then you would be well in the black. I also have bad experiences with individual shares from time to time (sometimes good ones too, but whether it beats the ETF performance? Probably not).
But I've had a fixed ETF portfolio for a long time, into which I also pay every month from my salary via a savings plan, as well as my private portfolio. It only contains what is in it. If it decreases due to bad decisions, there is simply less in it afterwards. If necessary, the whole thing is topped up via vacation/Christmas money, refunds from the tax return, etc., but always to a lesser extent than the ETFs. So the ETFs have been going up very healthily for years, whereas even if I were to make a complete mess of the shares, I wouldn't be making a big mess of anything.
Perhaps this is also due to my history. I started very early ~2012 after graduating from high school with the stock market and was also very enthusiastic about chart analysis and indicators and some trading systems, scalps and swing trades and CFDs and options and what not.
Then, by the standards of the time (my starting capital was around €5,000, of which I had inherited €3,000 + savings from confirmation, birthdays, etc., so I kind of plundered my savings account), I invested a lot of money, namely over €3,000, in the K+S share. Despite actually stable quarterly reports, it was sold off and had a favorable-looking P/E and there were many supposed supports, especially on the chart.
A short time later, the CEO was arrested. The share fell by 18% in one day. I naively bought again with my remaining capital, following the motto "yes, but the company itself is doing well and is now even cheaper", but then at -25% I also panicked and (fortunately, it has to be said) sold.
Later, thanks in particular to a lucky hand when buying Tesla shares, I really made a lot of money with shares and thus also offset all my losses and turned the whole thing green. But that was ultimately only in 2020/2021.
Incidentally, K+S was a DAX company at the time, so I didn't think there could be such big fluctuations in a short period of time.
In retrospect, one decision was very wrong, the other very right, but from the perspective of the time, neither was actually that obvious.
With this in mind, I would simply continue to invest stably in ETFs if things don't go so well with shares. The stock market in the sense of active investing is not for everyone. Last but not least, only very few funds manage to perform better than the MSCI world, even if you exclude the high TERs.
Investing broadly and diversified is simply the smartest thing you can do in the long term.
Individual stocks are exciting, but whether you outperform your ETF with them is, in my opinion, pure luck in 99% of cases.
But I've had a fixed ETF portfolio for a long time, into which I also pay every month from my salary via a savings plan, as well as my private portfolio. It only contains what is in it. If it decreases due to bad decisions, there is simply less in it afterwards. If necessary, the whole thing is topped up via vacation/Christmas money, refunds from the tax return, etc., but always to a lesser extent than the ETFs. So the ETFs have been going up very healthily for years, whereas even if I were to make a complete mess of the shares, I wouldn't be making a big mess of anything.
Perhaps this is also due to my history. I started very early ~2012 after graduating from high school with the stock market and was also very enthusiastic about chart analysis and indicators and some trading systems, scalps and swing trades and CFDs and options and what not.
Then, by the standards of the time (my starting capital was around €5,000, of which I had inherited €3,000 + savings from confirmation, birthdays, etc., so I kind of plundered my savings account), I invested a lot of money, namely over €3,000, in the K+S share. Despite actually stable quarterly reports, it was sold off and had a favorable-looking P/E and there were many supposed supports, especially on the chart.
A short time later, the CEO was arrested. The share fell by 18% in one day. I naively bought again with my remaining capital, following the motto "yes, but the company itself is doing well and is now even cheaper", but then at -25% I also panicked and (fortunately, it has to be said) sold.
Later, thanks in particular to a lucky hand when buying Tesla shares, I really made a lot of money with shares and thus also offset all my losses and turned the whole thing green. But that was ultimately only in 2020/2021.
Incidentally, K+S was a DAX company at the time, so I didn't think there could be such big fluctuations in a short period of time.
In retrospect, one decision was very wrong, the other very right, but from the perspective of the time, neither was actually that obvious.
With this in mind, I would simply continue to invest stably in ETFs if things don't go so well with shares. The stock market in the sense of active investing is not for everyone. Last but not least, only very few funds manage to perform better than the MSCI world, even if you exclude the high TERs.
Investing broadly and diversified is simply the smartest thing you can do in the long term.
Individual stocks are exciting, but whether you outperform your ETF with them is, in my opinion, pure luck in 99% of cases.
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2Sem.
@Lunnaris01 Thank you very much for your detailed comment 🙏
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