Teladoc Earnings $TDOC (+0,24%)
Teladoc HealthUS87918A1051TDOCTDOC
My learnings from 3 years on the stock market:
Securities account December 2020: €30,000
Securities account January 2024: €95,000
The first share I bought in December 2020 was $PLUG (-2,3%) . Why? Because it had already gone up 20% the day before and was already up 10% at the start of the day. So I got in at around €25 and the share gained another 20-30%. I was immediately flashed by the stock market and kept an eye out for other stocks that could go through the roof. Shortly afterwards $TSLA (+6,49%)
$NIO (+6,4%) and a penny stock. Goal: if things continue like this, I will become a safe millionaire next year. Start investment approx. 30,000€.
January continued just as optimistically and I had made a profit of €15,000 in just 1 month. I could hardly believe it and was annoyed that I hadn't started so early.
But the stock market soon brought me back down to earth. Then came the first correction and all the highflyers started to plummet. I panicked and eventually sold my stocks. Why? Well, some people said the stocks were overvalued and weren't even worth half their value. Somehow that must be true. Little by little I started reading stock market news. Caty Woods? wow, that woman seems to know what she's doing. $TDOC (+0,24%) ? Sounds exciting and she's also putting a lot of money into it. And bang went €18,000 into Teladoc (at that time a price of €180) why so bullish? Well, the analysts say there is potential up to €300. It happened as it probably should, Teladoc plummeted further and other stocks recovered. I panicked again and sold my position with a loss of around €3000 and bet on Tesla again. Catty Woods said that this was the future. At some point it went down again and I began to understand that electromobility is a bet on the future and that shares such as Microsoft, Google and the like are safe investments.
Learning number 1: Do your own research
So now I also bought safe companies, among others $PYPL (+5,3%) . Everyone says it's a secure company and I knew Paypal myself. I also did a bit of company analysis. Everything 1+* with Paypal. Well, almost.
By the end of 2021, I had recouped my losses and was back on track.
But then there was unrest on the market. Corona variants, Russia etc. And the stock market fell again. This time I thought to myself, oh, the companies will come back and I can sit back and relax. I thought wrong.
Learning number 2: It doesn't always depend on the company > the market situation must also be right. So keep an eye on the market situation.
So at some point I started buying the dips but also continued to invest in quality stocks. Of course, I still wanted to become a millionaire and also bought gambler stocks $BICO (+0,13%) . What followed was a rather frustrating 2022. I started reading through quarterly reports, reading up on what was happening, listening to podcasts about the stock market and basically getting a better understanding.
So I continued to buy shares that I thought were interesting and was convinced that the share would play a good role in the future.
Then came the turning point.
Learning number 3: the stock market "always" goes up in the long term. Provided they are the "right" shares.
2023 got off to a really good start and I started to like the stock market again and was able to breathe a sigh of relief. I was still in the red, but the first theses I had
I had put forward seemed to be coming true. It kept going up but I knew there would be days when it would go down.
Learning number 4: It doesn't just go up, the stock market is up and down and if you are convinced of your strategy then stay cool!
So I stayed cool and continued to trust my strategy and my portfolio.
What followed was the rally of my life. I was back in the black and had at least 4-5 stocks with over 100% price growth. $CRWD (+3,09%)
$PLTR (-1,19%)
$NVDA (+3,67%)
$TSLA (+6,49%)
$COIN (+2,46%)
$BICO (+0,13%) etc.
I had the best year and was able to record over 40% portfolio growth.
Jan. 2023 €56,000
Dec 2023 90.000€
Now I'm looking forward to 2024 and hope that I was able to help some of you with my post.
But one more thing I would add:
Making mistakes is absolutely normal. The important thing is to learn from your mistakes and get better, and the stock market is very good for that. And just because you've gained a few learnings doesn't mean you've got the hang of it. There are bound to be a few more situations that will be new to you and I'm honestly looking forward to them. Because that's how I learn how to make my future decisions!
So good luck with your learning!
Unfortunately, I have to disagree with your "Learning number 2".
Observing the market situation brings a lot of chaos into your own stock market life, you get opinions, warnings, there is simply ALWAYS something to worry about or even worry about. But in the end, it's the things that just happen that you've never heard of before.
As a tip: just make a few predictions yourself and write them down(!)
Pay attention to what market opinions you have in your head and why?
It is much more important to bet on a company that can come through different markets and survive a recession.
Don't speculate that any market environment will change.
I avoid market opinions like the plague, especially if they are negative opinions or associated with hype "if... blah blah, then..."
"this time everything is different..."
I am not attacking your strategy here at all, betting on "disruptive" companies can be quite lucrative and suit you, you have proven that you can accept strong fluctuations and continue despite high losses.
Wish you continued good luck & success, keep us up to date, I'm curious to see if new learnings are added 😌
Getquin rewinds - All that glitters is not gold ☄️
Now that the majority of the rewinds shared are performing really well and most of them are in the top 10% of the community, it's time to show the other side of the coin.
Even though my performance is supposedly better than 95% of the community, I would like to show the shit list of my portfolio here 😂
Please make some noise for:
Sea $SE (+2,42%) Match $MTCH (+1,23%) and Block $SQ (+2,02%) all of which have losses of ~50-70%.
But even a Pfizer $PFE (-0,73%) at the moment I would prefer to assign Waste Management $WM (+0,12%) from @Simpson for recycling 😂
The purchase of Hershey $HSY (-1,07%) has not paid off so far - but I'm convinced in the long term and simply started the savings plan at the wrong time in the middle of the year. Sartorius $SRT3 (+0,16%) continues to suffer from the normalization after Corona and China in general is simply not doing well, which is reflected in my China ETF $MCHS (+1,7%) shows.
With Teladoc $TDOC (+0,24%) and BASF $BAS (+2,29%) I have already sold two more pipe-drawers this year.
Here is a new update
Strong increase of + 1.7 percent compared to the previous week
10.7 percent since the beginning of the year
Gold and Bitcoin are both doing well, I have reduced both large positions a little today due to the very stable economy in America.
-Bitcoin/Barrick Gold
You can see that the general mood is very good, hot stocks are also being gambled more.
I have here $AI (+0,9%) and $TDOC (+0,24%) I'm taking the small Fomo wave with me for the time being.
GDP in America was over 5 percent in the last quarter and the economy is extremely strong.
Although there are signs that growth is slowing, we are a long way from a recession.
I am now playing the interest rate stagnation theme with Realty Income, $O (-2,72%) At the moment, inflation is also continuing to fall in Europe, which is currently pushing up interest rate-sensitive stocks such as $VNA (-2,92%) /Vonovia and Co.
You should also look at cyclical stocks such as $BA (-0,65%) -Boeing or $AIR (+3,4%) -Airbus, which are currently safe investments.
https://www.wikifolio.com/de/de/w/wf66zzzzzz
Does anyone know why $TDOC (+0,24%) has fallen so extremely in the last few years? Was there bad news or something similar?