Hi👋
After spending the first few months on this platform as a silent reader, I would now like to provide some input.
About me: 20 years young, currently in the 3rd semester of my studies and also working as a student trainee in the automotive industry.🙂
I started investing myself almost exactly two years ago at the beginning of December 2021. For the DWS fund in my custody account, my father invested a mid-three-figure amount for my birth and for my communion and left it to me on my 18th birthday.
#etfs I started with 4 ETFs myself, one World, one on the S&P, the Future Mobility and the now better-known AI&Big Data ETF. I saved 25 euros a month in each of these for just under a year. 2022 was generally not going too well, at that time the AI and the Future Mobility ETF (which is still in the red) were clearly in the red, which is why I decided to reorganize the whole thing at the end of 2022 and no longer save in these two sector ETFs. I have switched the S&P to an emerging markets fund.
At the beginning of 2023, I finally started working as a student trainee, which naturally meant I had more capital available to invest from then on. I then made pretty much all the rookie mistakes you can make: Paying attention only to dividends, Canadian penny stocks, leveraged wildly, etc. Of course there were also better picks in between like $INTC (-1,06%) or $DHL (-2,62%) which I plan to continue to hold.
In the meantime, I tend to stay away from individual stocks and rely more on my savings plans. At the moment, the allocation is by savings rate:
-200€/month $LCUW (+0,38%)
-70€/month $EIMI (-0,29%)
-50€/month $IUIT (+1,66%)
All this with a net income of around €800 over the last 12 months (including temporary jobs). In addition to the €320, there are also investments in cryptocurrencies and the above-mentioned individual shares & beginner's mistakes, which means I invested around 75 percent of my income last year. Of course, this is only possible because I still live at home and have virtually no expenses (apart from vacations and other leisure activities).
Now to the #cryptos
Over the year 2022, I have invested very heavily $ETH (-1,66%) and $LINK (-4,71%) accumulated so that I was able to achieve a good buy-in there. I am very confident in Chainlink and its development team, which is why I can go to sleep with a clear conscience despite the high investment. At $SOL (+1,21%) I was only able to get myself into a small position during the FTX crash, which of course makes me regret not having gone in a little more from today's perspective. Over the last few months $BTC (-1,62%)
$DOT (-3,2%) and with the arrival of the Christmas bonus $FTM (+4,22%) I have invested a total of just over 6,000 euros in cryptocurrencies. I have no further purchases planned there. I am aware of the high risk, but I am positive about the next 1-2 years. When the prices are right, I also plan to sell shares step by step 🙂
So far so good, now a few general points:
The current total value of around €22,000 is made up of €13,500 in deposits, around €4,500 in DWS funds and around €4,000 in price gains. I am of course very satisfied with the price performance for 2023; like many here, I was able to outperform the market as a whole thanks to the high proportion of cryptos.
Targets for 2024:
As far as the new year is concerned, I have not set any targets for the portfolio value, as I will probably not have such high investment rates next year and the volatility is very high due to the cryptos. Apart from that, of course, I want to keep up the pace at university and get a place for a semester abroad at the beginning of 2025 (the reason for the lower savings rates in 2024😉).
Otherwise, thank you for reading and the (hopefully) kind words and I wish you all a happy new year and a successful stock market year 2024!
