1Settimana·

There are only a few reasons to sell shares:

1. the business model no longer works. (does not apply)


2. there is a fundamental change in the company management. (does not apply)


3. the cost estimate for the house renovation is twice as high as assumed... (BINGO!)


Goodbye Palantir, now you've shrunk to less than 50% of your initial position.

But how glad I am that I don't have to sell my core, but was able to sell these crazy things at a still quite good price.

02.09
Palantir Tech logo
Venduto x260 a 133,00 €
34.580,00 €
906,40%
75
38 Commenti

immagine del profilo
1Settimana
There are many other reasons to sell shares.

Yours shows once again that home ownership is not an investment, but rather a money pit. 😅
I remain a tenant with an investment. 👌
44
immagine del profilo
1Settimana
Phew, tough... but the thing is: after the renovation, I'll be living for next to nothing, in a beautiful area.
You have to think about that, but it works for me.
16
immagine del profilo
1Settimana
@Issa Free is relative. After all, you have the opportunity costs of a lot of capital that does not yield a return.

But some things, like a beautiful neighborhood, are difficult to measure in money. 🤷
12
immagine del profilo
1Settimana
@Iwamoto https://youtu.be/EAFSAy3SZYs

I agree with Kommer on this one! 😅
1
immagine del profilo
@Epi According to the finance professor, as you probably already know, owning your own property is the biggest diversification killer. Therefore, continue to rent and diversify in order to have low opposition costs in the long term and to remain diversified across different assets!
4
immagine del profilo
@Epi That's true, but I see it as capital for my children and wife when I'm no longer around. Just like my portfolio, by the way😁. It's supposed to supplement my retirement with a few dividends, but otherwise I'm a BHD investor. Buy Hold The😬
5
1Settimana
@Epi I think this is the first time I have to disagree with you.
Even if you don't finish paying off and then sell to downsize, it's often a really good investment in many areas, opposition costs or not...
4
immagine del profilo
@Epi Is it normal these days to talk badly about home ownership? I own my home and am an investor at the same time. I'd rather pay into my wallet than finance someone's yacht. I'm also protected from rent increases. So what's this bullshit?
5
immagine del profilo
@InvestitionsAngeber So you pay rent and still live under the bridge because you don't receive any benefits?
immagine del profilo
1Settimana
@Migu11 Of course, there are areas and times when real estate is worthwhile. But this has to be carefully weighed up. Like most experts, I see home ownership in Germany more as an option if you either find a great opportunity or have a lot of money and need to diversify. Neither is the case for me. 🤷
2
Visualizza tutti 10 ulteriori risposte
immagine del profilo
I hope you took a screenshot of the Tenbagger. You have to hang something in the garage walls 🤭
5
immagine del profilo
1Settimana
@Iwamoto oh, you're right!!! Yay! My first tenbagger 😀
1
immagine del profilo
And you can probably add another 20% afterwards... when I see what competitors sometimes offer and people ask me why I'm so much more expensive. Then they come back and tell me what else was involved 😀
4
immagine del profilo
Congratulations, brutal investment!
3
immagine del profilo
1Settimana
@thewolfofallstreetz thank you! to be honest, it was mainly luck... but it was very pleasing!
immagine del profilo
1Settimana
Congratulations
2
immagine del profilo
this is ultimately what investing is for, paying for things in life.
Enjoy the renovation when it is completed!
2
immagine del profilo
1Settimana
You can take 900% with you👍
2
immagine del profilo
You can take a prize like this with a clear conscience, congratulations 👍
2
immagine del profilo
1Settimana
This is the way ❤️
1
immagine del profilo
1Settimana
@BigMo To be honest, I'm a bit relieved too! Now the crash can come!
1
immagine del profilo
1Settimana
@Issa I also felt the relief after the sale 😁
We are currently almost 19% below the ATH again.

It remains to be seen whether this will be a real crash with a >50% drawdown.
If it gets wild, I'll get back in!
1
immagine del profilo
1Settimana
decent living quality can do a lot :)
1
immagine del profilo
My condolences - but it's nice if you can finance things with your winnings. That's also part of it - it motivates you in the long term.
1
Owning property remains a luxury.
Financially, it is certainly better to live in rented accommodation and own property that you rent out or shares.

However, you should not forget that for many people, owning their own property gives them a good and secure feeling, which is worth hard cash, but is still a good thing.
1
immagine del profilo
Congratulations!
1
Holding shares forever always ends in a total loss.... at some point.
Partecipa alla conversazione