My personal getquin profile!

Who are you?

Hey 👋🏼 I'm Nicolas Lindley aka @Finanzheld and I'd like to say that I'm not the classic guy you think of when you think of finance. Why do I think that? First a short backstory: I was born and raised in Peru. Peru was not a country with much perspective in the 90s, many people left, including my mother. She went to Germany to give my big sister and me a better future. From then on we both grew up with our grandparents.

My grandparents came from the lower class of the lower class and in addition in a third world country. Both had barely finished elementary school and we were confronted with poverty every day. My grandpa, however, quickly discovered the benefits of capitalism. This man, who practically educated me, taught me the rules of the game & the laws of money multiplication already in my childhood. One phrase that my grandpa had told me over and over since I was 5 years old and burned into my mind was this, "Nico, how are you going to make money if you don't invest?"

When I was 11 years old, I came to Germany and my beliefs about money were so not liked by my German stepfather, teachers, education boss and my environment in Southern Germany. In Germany, this sentence was then transformed into: "Nico, if you want to earn money, you have to study and get a decent job." Completely different beliefs than the ones I had known before. I was completely confused, but my attitude towards money didn't change. When I turned 20, I spent a whole year in Peru with my grandpa and we worked together, immediately I realized how nice it was to be understood about your beliefs. In Germany I had often felt like an alien.

Meanwhile, I have been investing in various asset classes for more than 7 years and my main goal with @Finanzheld is to try to inspire people and show them that you can achieve financial freedom without having an academic education, without a lot of startup capital, without support, etc.. For that you need to know the laws and the rules of the game. That's what I've been trying to do for the past 2 years with my webis and seminars, and I would say that I'm doing a pretty good job of it. I have been able to prove this in various places around the world, such as Peru, Colombia, Thailand, Costa Rica and of course in Germany!

When did you start investing?

When I was 14, I bought a gold coin at the savings bank. Looking back, that was the starting signal.

I cherished this gold coin before I sold it again four years later and actually made a very good profit.

After that, I went to Peru and, together with my grandpa, invested in real estate. Then, at 21, I added stocks, ETFs, Bitcoin and other investments.

What is your investment strategy?

I invest for the long term, medium term and short term. So I'm broadly diversified, because each asset class has its attractions and, of course, its pitfalls.

Long-term is for my retirement, medium-term is for the next 7 years to prepare for new investment opportunities. Short term is only with play money but that is the most fun for me personally. No risk, no fun!

I am now quite good at short term investing but would not advise anyone to start. So if you don't even know the Vanguard All World, you should stay away from short term investments! Short term investing to me is like the Champions League. Most people can't even walk two laps around the block yet, but already want to play with the Champions, so it won't work out. You have to approach slowly and start first in the long term!

What is your secret tip or a sector/stock that you currently like?

Don't read financial news, don't listen to anyone but your own gut feeling. I myself only read financial books and YouTube videos that explain things to me but never those that recommend or advise against.

Otherwise it is important that you build a network of experts that focus on one thing and ask for tips. Ask everything you can, there are no stupid questions!

Create a financial strategy for yourself and stay true to yourself. Try to do exactly the opposite of what the masses do.

What was your biggest investment blunder?

A few years ago I really wanted to learn day trading and wasted a lot of time teaching myself. Today I know that it was a waste of time.

All those who claim to have become rich through day trading were just lucky in my opinion. Otherwise, technical analysis is a science in itself and you can't just learn it on the side.

So if watching any stock prices is not your passion, don't do it. You will only lose money and time in the long run.

You can get your money back, but not your time. Therefore, always think carefully about what you spend your time on.

What does your portfolio currently look like?

I invest in individual stocks, ETFs, bonds, commodities, precious metals, land, P2P loans, bitcoin, altcoins, derivatives, etc.

So really in a lot of different asset classes. That's why I can't break down my "portfolio" quickly.

However, on getquin I have entered my individual stocks that I have bought. You can see them if you go to my profile :)

Here is my getquin profile!

Why do you think financial education is so important?

We live in capitalism. Period.

You can talk that up or down, it doesn't matter, it's a fact. The problem is that 95% of the people do not think capitalist. This means that only 5% of the people know the rules of the game, the others play along, but do not know the rules at all. Then you can't win either. All people have learned how to spend money on consumption. Everyone knows how to acquire materialistic things. But most don't know how to acquire assets.

In Peru, there is no middle class. You are either rich or poor. SO it is in many other countries and even in Germany the gap between rich and poor is widening.
We all have only one life. If we want to have a self-determined, location-independent and happy life, then we need to educate ourselves financially and the sooner the better.

Unfortunately, we need money for almost all of our lives. Be honest with yourself and think about what you don't need money for. For most of what you still want to achieve, experience and do, money is mandatory.

That is why it is important to educate yourself financially. I don't mean earning money directly. I mean learning how to keep the money with you and how to increase the money.