Who are you?
Hi! I'm Kathi, fresh 25 years young and a native of the Munich area - although it has now drawn me from the stronghold of beer in the vast lands of wine,
to the Frankfurt area (well, here you can at least find a lot of Ebbelwoi, the really good wines can be found after a short drive in the Palatinate ;)).
After school, I was drawn abroad for a good year. I traveled through New Zealand and Thailand (and worked there, of course) where I saw and experienced a lot - these experiences have awakened the desire in me to achieve maximum freedom in my life, sometimes in order to be able to travel and discover as much as possible in the future.
For me personally, this freedom means being able to shape my life the way I want to - and this of course quickly leads to the topics of money & investing. After all, money is a means to an end, to enable me to enjoy this freedom in the long term.
However, I only really started to deal with it during my business studies at the University of Mannheim, where I spent the next 6 years of my life after New Zealand.
During my studies, I came into contact with a lot of great literature on the subject of personal finance (starting with the very classic Rich Dad, Poor Dad, which I can only warmly recommend to everyone), and that's when I noticed in particular: I'm sitting here with my fellow students, we learn everything about economics, financing, management, controlling, etc. - but yet no one really has a clue how personal finance works, how to effectively build your own wealth, and how to think in an entrepreneurial way.
This thought motivated me extremely to get much more involved with the topic - alongside my studies, I then started to read up more and more and work in financial planning in parallel to gain practical experience.
From this thought then finally "Finanzen gestalten", my blog & Instagram channel, was born - because financial education is my passion, and I want to help as many people as possible to be able to actively shape their finances & their lives themselves and simply make good financial decisions.
Because the freedom and independence that comes with it is something I want to share with many people!
Finally, a few fun facts about me:
- I'm a small gaming nerd (small being literal - with my proud 1,56m I don't impress anyone, unfortunately :D).
- I really like to share - unless it's snacks or prosecco!
- In the morning I always have a bomb mood and thereby annoy the others :D
(Blog: https://www.katharinavoelk.com/blog, Instagram: finanzen.gestalten)
When did you start investing?
I really started investing in my 2nd semester, in the spring of 2015, when I attended a lecture by our finance professor Prof. Dr. Dr. h. c. Weber on the subject of passive investing and the reasons why such a passive strategy is best suited for the vast majority of private investors.
I was immediately hooked, and the very next day I opened my first custody account and set up a savings plan - only 25€ at first, as a student the budget was still a bit tight ;)
Nevertheless, I am very glad that I took this step so quickly & decisively - because once you have started, the rest comes by itself. Because you gain experience with investing, you're even more motivated to acquire more knowledge and you just learn an incredible amount.
That's why I try to give this message to everyone: it doesn't matter how much you can invest - just start small and feel your way along!
What is your investment strategy?
I would say that my personal investment strategy is most closely aligned with the "Core-Satellite-Strategy"; in other words: the basis of my investments is a world portfolio that passively tracks stocks & bonds from developed & emerging markets (core investments, approx. 60-70% of my total portfolio).
These investments are designed to achieve solid long-term performance and minimize risk through global diversification.
The satellites are then, for example, exciting sector or country ETFs, individual stocks or adventurous asset classes such as P2P loans or cryptocurrencies, which I mix in - for slightly higher return opportunities, but also a higher risk.
What is your secret tip or a sector/stock that you currently like?
My personal secret tip: make sure that your emotions do not affect your investment strategy! ;)
Even if the prices drop: stay cool, there are good opportunities to buy!
What was your biggest investment blunder?
I wouldn't say it was a specific mistake - rather a wrong approach.
At the beginning of my investment career I was so motivated that I wanted to invest every bit of money immediately, without having reserves for unforeseen expenses (emergency savings).
That's why I had to go to my invested money once when something like that happened - and of course that's stupid. I was lucky that the rates were currently quite good - but I was also aware that this does not have to be the rule.
That's why I made an immediate effort to build up some emergency savings - so that I wouldn't have to go into my invested money unplanned in the future!
What does your portfolio currently look like?
In my getquin portfolio you can see my ETF portfolio; that's about 80% of my investments. Otherwise I have:
- Approx. 5% P2P loans
- Approx. 5% crypto
- Approx. 10% single stocks