1Settimana·

Because everyone is doing it...

I am in my late 20s and my goal is

To achieve financial freedom and independence as early as possible. I want to do the things that make me happy, with whom I want, when and for how long I want and where I want.

To achieve this goal as quickly as possible, I now live a relatively minimalist lifestyle. I consciously scrutinize my spending, concentrate on the essentials and save where I can. For me, this doesn't feel like doing without - on the contrary: it gives me more freedom and I see it as an investment in my future self.

In the beginning, there was only the World ETF $HMWO (+0,76%) was there. Gradually, the shares were added. In the beginning, it was all kinds and grades, but today it's mostly quality companies, in my opinion.

In the last few months I have noticeably turned away from individual shares and am focusing more on the ETF basis again. Which since 2025 $VWRL (+1,15%) All World is to be built up. (in the spirit of: don't put all your eggs in one basket)

Of course, I regularly ask myself: Have I built up my portfolio sensibly? Shouldn't I have just stuck with my World?

These thoughts come up again and again, especially when Mr. Market goes crazy again. 🤪

Individual shares are fun and offer huge opportunities, but they also involve more complexity, time and risk. From today's perspective, I could well imagine that I will reallocate in the coming years. Away from individual stocks and towards more simplicity and global diversification.

But for the time being, I will simply hold on to my individual stocks, perhaps make the odd additional purchase and invest in the All World with all my might.

55Posizioni

18,89%

20 Commenti

Alpalaka@Alpalaka

1Settimana

What if your future self doesn't make it to financial freedom? Will you be angry because you didn't live to be 25, or will you be happy because you are the richest person in the cemetery?

It's a bit of an exaggeration, but saving and doing without everything isn't everything.

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Ella Marie Waschbär@DividendenWaschbaer

1Settimana

@Alpalaka If you're dead, you're no longer annoyed. And if you end up in a nursing home, you don't have to worry about the costs.
It doesn't do me any good if I'm in a nursing home at 55, dependent on the state or relatives, but can tell myself how great it was that I'd already been to Thailand 5 times by the time I was 30 🤷🏻‍♂️

As is so often the case, it just depends on your personal attitude

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Alpalaka@Alpalaka

1Settimana

@DividendenWaschbaer At least then I was "alive"

I can imagine that when you're sitting in a nursing home in your mid-50s, the would-have-been questions come up.
What you tell others about how great you were and what you experienced is irrelevant at first

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MEMO@MEMO1993

1Settimana

@Alpalaka I see it exactly the same way

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Metis@Metis

1Settimana

@Alpalaka It's better this way than not having enough pension in old age and then having to collect deposits and continue working because you failed to save wisely beforehand.

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Alpalaka@Alpalaka

1Settimana

@Metis definitely!
The aim should be to have enough money left over in old age.

I just don't feel like turning over every penny twice now just because I might need it in 30 years' time

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Patrick@Pazi3

1Settimana

@Alpalaka I think there is no right or wrong at this point.
The middle way will probably be the right one.

Having an overview of your finances, being able to afford things here and there, but still saving something to the side.
I can only speak for myself personally, but I don't need a lot of material things to be happy, but if I really want something, I just buy it ;)
Money is not the world, but without it is also boring.

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Patrick Z.@GottundMeister

1Settimana

@Alpalaka Nursing homes and saving don't go together. You can have saved all your life and kept your money together. And then you're dependent on a nursing home. In my parents' case, it's even double. Almost €6,000 a month quickly melts away your savings, and sooner or later you have to rely on the state. What have I learned from this? Trying to accumulate money at a healthy age in order to spend it at some point (before you are too old or in poor health).

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Walter S.@Roots

1Settimana

@Alpalaka what kind of ideas do people have about what a nursing home is...interesting...

3m

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Chris@Multibagger

1Settimana

Hello Kate, I'm about 30 years older and I've never lived like this. I've always worked a lot and also earned quite well and lived well within normal limits. My planned financial independence consisted of real estate. Then at some point a business bankruptcy and subsequent personal insolvency intervened and everything was gone, so I had to start all over again in my mid-50s. That was very annoying, but I'd lived well beforehand, so I didn't have any regrets. If I had lived spartanly until then, giving up everything that was fun but not necessary, the loss would have been greater. Because everything would still be gone and all the restrictions would be for nothing. I can only advise you to treat yourself to something. If you are financially independent at 40 and fall seriously ill at 42, you won't be able to make up for the lost experiences. Of course, I hope that doesn't happen to you.

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CrashBurner@Psychedelic_Sunflower

1Settimana

Basically, I take a similar approach, live frugally where it makes sense to do so and (hopefully) invest the money saved profitably. However, you shouldn't do without things that give you pleasure. I won't benefit if I'm financially free at 50 but haven't seen anything of the world by then.

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BitcoinerMitMachete@Satoshi_Vallahmoto

1Settimana

Unfortunately, you can't see any of the shares in your portfolio.

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Kate🦋@Iwamoto

1Settimana

@Satoshi_Vallahmoto It works for me. Maybe you can reload the app?

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DiviMike@DiviMike

1Settimana

@Satoshi_Vallahmoto A little trick: Go to "Allocations" and you'll see everything.

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DiviMike@DiviMike

1Settimana

@Iwamoto No, you've deactivated it for non-followers.

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Kate🦋@Iwamoto

1Settimana

@DiviMike Funny, that should work. I have shared it publicly here in this post.

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bull_investor_1998@bull_investor_1998

1Settimana

@Iwamoto I see it very differently. Of course your basic idea is not wrong, but what's the point if you're 70 and, like many others, have suddenly come into money and can't spend it because you can't afford it?

1.) maybe you no longer have the need to travel, for example

2.) no longer want to buy a big house because it's too physically demanding (that's the case with my parents)

3.) your goals change overall and that's the way it is with age

I seriously ask myself why?

Of course it's good to make provisions early, but when I read that you're deliberately leading a minimalist life now in order to have more later on, and that in your best years, I really don't quite understand.

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Tim@Tacticus

1Settimana

Don't take this the wrong way, but your text sounded like an AI chatbot.

Every sentence is general and meaningless. And the portfolio could have been put together by a dog.

I see 0 strategy, 0 plan and 0 framing.

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Patrick@Pazi3

1Settimana

@Tacticus "Don't take this the wrong way,...... a dog could have put this portfolio together"
Made my day :,D ....
How are you supposed to take this negatively .... #Sarkasmus

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tommycashless@tommycash

1Settimana

When dividend clear? Need to plan my weekly shopping @TreasureHunter

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