3G·

Farewell to the stock market?

I've been investing for about ten years now and to be honest I just don't feel like it anymore


In the beginning it all went quite well with a classic ETF savings plan, little stress, just let it run and that worked, I was happy with it


At some point, however, I thought I needed to get more out of it and started experimenting with individual stocks, taking more risk here and there and yes, at some point I ended up with altcoins, which in retrospect was probably not such a good idea


Since then I've somehow completely lost my way my internal rate of return is currently around minus 14% so I've been investing for ten years and in the end I have less than I put in - you have to manage that first


What annoys me the most is not just the money but this feeling that I fucked it up myself, made bad decisions, was too greedy, wasn't consistent enough or just tried too much


In the meantime, the whole thing just isn't fun anymore, it doesn't feel like investing but more like gambling and that's exactly how it works.


I'm really thinking about selling everything and just quitting and leaving it all behind me.


Has anyone here ever felt the same way or am I simply unsuitable for it?

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86 Commenti

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Don't give up on the big goal 😉

If I were you, I would muck out and focus on quality 😉

Or as you said yourself, just go all in on the World ETF 😊👍
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@Simpson Thank you for your Worte❤️nicht so easy to realize psychological losses...
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@Max095 Yes, in the last few years I have also made some changes and sometimes realized losses that hurt you can't avoid it if you have individual shares.
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@Simpson yes, that's right... I'm more concerned with altcoins... I'm confident about my individual stocks in the long term
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@Simpson Even componders and endurance runners are struggling at the moment. But in the long term, it's definitely a good way to focus on quality. Let's try to help our loved ones
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@Max095 The best thing to do is to spin off the altcoins into a rescue company. That's what the big companies do. Out of sight out of mind.
And then we take off
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@Tenbagger2024 Thank you very much for your help, I really appreciate it. Just like the many encouraging comments ❤️
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@Max095 you get there
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@Tenbagger2024 Do you mean holding the altcoins or realizing the losses and reallocating?
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@Simpson I think everyone knows it and everyone has to go along with it. I also left money lying around during the silver euphoria and learned my lesson. Leaving money in the account is not an option. Go back to your successful origins. I've set myself a gambling limit 😬 that I still feel comfortable with. I've realized that I need a little thrill and I use it with small change.
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@Pleni70 Thanks for your advice! :) How would you handle the altcoins if you were me?
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Many people are probably feeling the same as you at the moment. I have the impression that the feed on getquin has become very quiet since the stock market hasn't just been going up.
Not feeling like it anymore might not be such a bad feeling... so you'll just save the boring ETF and look at your portfolio once a month. This is probably more successful in the long term than constantly trading individual shares.
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@DividendenAlpaka Thank you for your comment. That's exactly how I see it. Can't manage to realize the losses of the altcoins....
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@DividendenAlpaka it's always like that :) but those who hold and continue to buy will be happy at the latest at the all time high. I'm also about 40% away from the high but still 80% up. i'll just hold on and concentrate on other things that make me happy :)
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If the buying decisions are wrong, you just have to accept it. Forget stock picking. Take a World ETF savings plan and that's it. Nothing more, nothing less. Give up the rest and sell, make a new start. 1 product, 1 savings plan.

You have a few positions that are not understood. And that says something.
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@TechNav Altcoins are the problem ... I can't manage to part with them
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@Max095 I have often expressed my opinion on coins here. Distinguish them from the investment and tracking here on Getquin. Say the IZF without any coin stories.
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@TechNav that would indeed be very interesting ☝🏻
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@TechNav I don't know... but most likely +10%
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@Max095 then you can delete crypto and never touch it again because it's all a scam anyway.
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@TechNav not so easy... have invested a very large sum and am 45% under water ... the question remains: what if it rises again if I sell now?
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@Max095 What if not? In my opinion, the IZF speaks for itself. You yourself no longer have much desire, so your appetite for risk is not particularly high. At the same time, the opportunity costs continue to rise as long as you wait. So the question remains: what do you do from now on?

How would you act if you magically got your losses back? Would you go back to the crypto casino? I don't think so.
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@TechNav No only a maximum of 15% of the portfolio in Bitcoin and ETH
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I think almost all of us have been there at some point. That is also a learning experience. You don't even want to know how much money I gambled away as a young person through ignorance, greed, FOMO or financiers. A dark chapter that I don't want to be reminded of. You have obviously deviated from your strategy. Stay true to your line and don't try out too much. Especially nothing that won't let you go to sleep in the end.

I invest actively in the stock market. I have OSKAR deposits for my children. They have a monthly savings plan. I would go back to the All World. You can't go far wrong with it. Maybe a few more individual shares and don't try to beat the market. Then the joy will soon return 😉
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I've felt the same way myself, and not just once. It's easy to see that you either take on too much or you're not as stress-free as you think you are. The problem is also often due to greed, we are in a bubble here, and when some big people here open their portfolios or show their profits, your mouth starts to water, I know that.
But... you're already doing the most important thing, you're investing, for yourself, for your future or whatever.
Don't hang your head and tell yourself that patience is a virtue.
Try to invest in stable quality shares or in a WORLD ETF, then you will need much less time and will eventually achieve a better result than some people with individual shares.
I enjoy reading your posts, so get your head out of the sand and let's go :-)
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@Aktienorang-Utan Thank you very much for your kind words and encouragement! ❤️
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Giving up is just as bad an option on the stock market as it is in real life. If individual shares or coins are no longer for you, adjust your strategy, but don't withdraw.
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Why don't you divide up your portfolio? If I were you, I would make a cut. Keep the ETFs, sell everything else and then consistently build up an ETF portfolio. It's better to use sector ETFs than individual stocks, then you'll sleep more soundly. Better an end with horror than horror without end.
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Incidentally, this is precisely the reason why people used to ask a few years ago "Why are so few investing? Isn't that a no-brainer?"

So, especially now: Keep at it. Delete the apps and enjoy life outside, but keep investing.
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I haven't been there for 10 years. 1 year so far. Follow strategy consistently and leave emotions out of it. Typical stock market wisdom. Not everyone succeeds. I will be taking a break soon. Savings plans will continue. It's too volatile for me at the moment. Clear out your portfolio and let the rest continue to run.
Concentrate on what has worked.
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Yes, I'm sure some of us have already had that feeling.
But there's only one thing to do: keep your head up and stay calm. Especially at this time when everything is going wrong due to the whims of one person in particular, nothing can be calculated anymore
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I think everyone has gone through your phase, some more, some less. For me, this year is also more or less a new start and I'm already under water with the portfolio.
Over time, you'll keep changing your strategy back and forth. And then you have the feeling that you're missing something. And I think that's the biggest problem you can have. When you start out, you usually have the feeling that you can get even more out of it, but sometimes keeping everything simple is even easier and safer in the long run. It starts in your head, but at the end of the day it stops when you're watching it develop in the depot.
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I don't have any advice for you. But I would like to say thank you for your honesty and for sharing your negative experiences with us. I think some people feel the same way.
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How about a boring world ETF without much gambling? You seem to have already learned your lesson with individual stocks/cryptos
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@Bavarianholder Selling altcoins with a 45% loss makes no sense to me either.
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@Max095 what do you have for altcoins?
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@capital_captain_2693 have a look at my portfolio
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@Max095 What if it is -85% in 1 year, does it make no sense then?
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@RenditeRudin nobody knows ...
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@Max095 You didn't understand my question.
I had exactly the same feeling. How you can be so stupid and not sell SAP at 280 euros but now have it in your portfolio at 145 euros. I'm still well up overall, but many decisions were inconsistent. Then there's another war and +20,000 YTD becomes -15,000.
I'm also quite nervous about it. I will probably sell my individual shares bit by bit and only hold ETFs. I don't need another price slide like the one at $SMCI last Friday. 🙈
But stay in and leave everything in ETFs. I bought my Microsoft shares in 2000 for 50 euros and they were only worth 25 after the dotcom bubble. I never looked again and now they're at 330 euros. It'll be fine - at some point 🙏🏼
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@IronEagle Imagine the people who are not buying SAP now that it is so low, how annoyed they will be!
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It makes me sad. But it's difficult to determine what could or should be done differently. That's why I'd like to help you. Are you online?
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I am currently under water with my entire portfolio by around 2-3%, but well, it can't be helped now and better times will come again. Cheer up
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I think this is fine. Not everyone is made for the stock market, and I think that's a valuable insight.
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That doesn't sound very fun. But 14% is manageable - at least there's still something left. As the others have already said, a simple world strategy and don't look any further for the time being. You need security and distance now ... then things will get better
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What you've described is definitely annoying, and nobody can take that away from you. But everyone has realized at some point that they have gambled away or were simply too greedy.
Just look at what went wrong in the last few years and how you can fix it.
It's better to make a cut now and make a solid new start.
I'm keeping my fingers crossed for you and think the post is very strong. Reflecting on your wrong decisions is the first point to successful investing :)
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I went trough exact same the same situation as you, literally! How I fixed everything:
- took the loss on altcoins and completely deleted it from my portfolio
- the remaining funds from the sells, allocated them on good companies like mag7

Leaving the market is not the solution for this pain, you are young, there’s still a long time for the compounding effect. My life and sleep finally improved after I took the sell on altcoins after being in the minus for months and months just praying and hoping things went up. My biggest mistake was dca’ing on the way down, taking money from stocks to put on altcoins.

But I moved on, and it took me half a year to recover the funds lost, by making new additions. Keep strong
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Let the savings plan run through bad phases and then be happy when the shares really go up during the next boom.
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I think you have to find the right strategy for yourself. If you don't feel like it anymore, pop a savings plan on an ETF and that's it. You'll perform better than most private investors and sleep peacefully. Giving up completely would be fatal in the long run if you look at our pension system. I have also made many mistakes over the years and am now happy with my dividend strategy with ETFs and individual shares. The rising returns motivate me to stay on the ball in the long term. And in uncertain times, my portfolio performs even better than any tech portfolio.
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What is done is done. It is good you realized the mistake. Don't push your self for that.

But don't stop, the wisdom you acquired makes you 10x better investor. And in upcoming high inflation times you don't want to be out of the market.

I heard someone said once, if you have fun investing you should stop. I don't fully agree. But if you feel the the "rush" you should totally stop, take a break. Invest because it makes sense. Because the fundamentals are good. Because you understand deeply the company. Or just go with world ETFs. Delete de broker app, and check in a year.
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That sounds very bitter, like a lot of money burned and a lot of time wasted. Perhaps a certain 'detox' is not a bad thing, after all there is still a life outside the stock market.

Nevertheless, I wouldn't say goodbye to the stock market completely. When I look at my portfolio, there are some good and sensible things in it. I would simply let the broadly diversified ETFs run their course. I would also keep the blue chips like Microsoft etc. and just leave them.

I would throw out all the cryptos (except possibly BTC), small caps, sector bets, turnaround candidates and hype stocks. Then just don't look at it for a year and it will surely stabilize.

I'll keep my fingers crossed for you. Go out, fire up the barbecue and take your mind off things 🙂
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Hm, a really difficult topic. Being frustrated with past strategies or lulls in the portfolio is one thing, and I'm sure everyone here can understand that. But quitting the stock market altogether is far too extreme in my opinion. I simply don't see any real alternatives for long-term wealth accumulation.
As the previous speakers have already mentioned, I think the best thing to do without knowing your overall situation in more detail would be to cut back + return to the original strategy (world ETF + savings plan).
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Feel free to share your portfolio here and have several eyes look over it. After two personal top years, there is currently also one where things are not going so well, but the portfolio is still up 20%, if this is different, you will have made mistakes in the past. In many of your posts, you have stocks that have performed well in the past 12 months and then you buy them at the top, so to speak, and then they fall and you are in the red. Personally, I would also advise you to save consistently in an ETF and not try to beat the index, as you have now proven for 10 years that you cannot do this.
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I've been in this business for two years and invest mainly in equities. Yes, I'm currently down 17%, but that's part of the process. You get dividends, and when the price drops, I make purchases to lower the break-even point. I therefore continue my strategy with altcoins, although I only use small amounts here. In such cases, it is advisable to wait and see how things develop.
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So you want to throw in the towel now because it didn't work out? From 2022-2023 I had my biggest maximum drawdown to date of around 700 days... You have to realize that investing is a matter of decades and not just 10 years.
So, keep your head up. Ask yourself what you might have done wrong and then see what alternatives you can make. Did you put too much money into risky individual stocks or penny stocks? In any case, I would stubbornly and steadily continue with at least 0815 ETF investing. If you sell that now, it's like cutting yourself in half.

So: reflect and look for the way out. That's how you grow.

VG
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I read your question about altcoins on bitcoin 2 go and thought I recognized this profile picture
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I feel the same way. Just stay on the ball, the whole ups and downs are currently very politically driven. What alternative do we have?
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