I have been invested since 06/2023 and have now drawn my first benchmark as an interim conclusion for myself...and lo and behold, apart from the first 2 bumpy initial months, I seem to have done quite well with my single stock/dividend strategy for the remaining months 🫠
For me personally, it's been a really exciting journey so far and after the initial failures in penny stocks (I wanted to start with small numbers), which quickly turned from initial gold-rush sentiment to pure reality with some losses, there's been a lot to come.
Even stocks such as $UN01 tore me a hole or two over time and at some point I reached the point where I had lost all my initial euphoria...well, it's just like the hotplate with small children 🔥
I then had a few thoughts, self-doubt, do I stop or do I continue on this path...and I have to say that I am now glad that I continued on this path after the first 2 months of heaven and hell.
I don't want to say that it has all become a self-runner, but my initial losses have now been made up for or overtaken and with some time investment it has developed into a good investment.
Of course there will also be periods of volatility or, let's say, lean periods, but the path is the right one and better late than never.
After the price change, my first goal was to take full advantage of the €1000 FSA as quickly as possible with a well-positioned investment in individual stocks, admittedly I had a very good entry point for one or two stocks, but hey, every € given away at the end of the year is too much.
In the meantime, the €1000 in dividends should easily be available and there should be room to adjust the strategy for more growth. Nen All World is now also running on the side, but I will continue to focus on individual stocks and let the snowball pick up speed.
Conclusion:
First of all, that we have a "SAUgute" community here and that you can always continue to grow with it, so thanks to you and furthermore, you should always believe in yourself, question yourself regularly, be ready for change and just keep going.
