7Mês·

Hello dear community!

I would like to ask you for some advice. 🙏🏻

(First of all, I am very happy to have found this platform and would like to thank you for all the added value from so many active people here).

Briefly about me:

I am now 25 years old and a complete beginner.

A year ago I didn't even know what a share was, let alone anything about the financial market, economic events etc etc....

After a year of "being a sponge", i.e. soaking up knowledge about all sorts of things at any free time in order to gain a foothold here, I have definitely discovered a passion.

Further on in the text...

Having a lot of cash is a horror for most people, according to the comments under some portfolio ideas... 😂

I've been hesitating to put my cash into the market for weeks because I always thought "hey, a stronger correction should be coming slowly" ...😂🤦🏼‍♂️

(As you have noticed many missed opportunities)

Speaking in numbers:

I currently have €130,000 invested
Cash around €500,000
Monthly income approx. 80,000€+- currently

As I have only just started and am very careful with the money I have earned myself, I would now like some advice.

Clear goal: long-term, buy and hold

I have a wife and 2 year old daughter ... so I would hate to mess things up for our future and accordingly I didn't want to take any big risks with lots of individual stocks (no experience in analysis etc) ... I also now have exactly €50,000 of the €130,000 in $VWRL (-1,12%) .

The rest is in stocks like Visa, Microsoft, McDonalds, LVMH, ASML. I will simply hold these stubbornly for many years.

In the first few months of my year now, I played the "back and forth empties my pockets" game with smaller amounts and paid a lesson...😂

But long story short...Now I keep wondering how many of you would act in my situation and specific numbers with the current world events, economy, data, etc....

Just blow it all up in VWRL and open the app again in 5-10 years? 😂

Wait for a strong correction?

Cash in 10-20k a month in tranches?

Half of the cash in and half for the possible correction?

Would you rather buy a property? In Germany?

Gold? Crypto? ...

Allocate well or specifically overweight something?

I don't expect detailed explanations on specific areas or anything else in response to my unqualified post, but appreciate any comments and appreciate everything!

But to conclude kommen⤵️

What would YOU do in my situation?

If there are a lot of answers, I could use them to form the advice I'm hoping for.

Thank you very much for reading and for any answers.

I'm not particularly good at being brief, sorry...😭

65 Comentários

Lorena@Lorena

7Mês

My advice would be: With so much cash and monthly income, don't get advice on a social media platform, but consult a fee-based advisor.

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Moritz@leveragegrinding

7Mês

So if your monthly income remains the same, ask a family office directly, lol
Joking aside, look for an advisor.
You will very quickly find yourself in an area where you can (and should) diversify much more than just on the capital market.

Real estate, commodities, ETFs, money market investments, bonds (high risk stuff like crypto is actually mega unnecessary with an annual sum of 1 million, but you can of course do as you like).

So for your current cash, maybe something like 60% world ETF allocation, 20% stocks, 10% bonds and 10% crypto is ok, but from 250k and more you should at least think about real estate and at least with tax advice. So I would only postpone the topic now if you want to do everything yourself with these sums.

Checking against is always good, but why stress if you already earn the money.
(I'm not talking about a bank advisor!)

https://www.youtube.com/watch?v=PyA3IpbVz_s

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ThemenmitKopf@topicswithhead

7Mês

@leveragegrinding I think diversifying like this is over the top. At that age, he doesn't need bonds unless you have limited corridors. GmbHs are just about worthwhile with a million (also possible below that but annoying). A VVGmbH would be more interesting in some cases, but is also much more limited. Fee-based advisors are fine, but they are usually not really helpful either, at least not in the savings phase. I would rather go to money management or cash flow management. A simple ETF in a savings plan, money market and, in the event of drawdown fears, bonds and gold are perfectly fine. 75 ETFs, 5 real estate, 10 bonds and 10 gold are already very conservative.

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ThemenmitKopf@topicswithhead

7Mês

@topicswithhead Here is an example, although of course you always have to design it differently for everyone. https://getqu.in/zAkL0w/ . This was a test GMBH template and has now been self-supporting for a year.

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Justin@zjusl

7Mês

@leveragegrinding Thank you for the comment!
I've read about the consultant several times now and I've really NEVER dealt with this before. Some say it makes sense, others say "the consultants don't do much anyway" so I'm still very unsure what to do with this new information and will definitely look into it further. Thanks in any case for the suggestions and LG

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Moritz@leveragegrinding

7Mês

@topicswithhead So let's be serious.
He makes 1 million a year. If he now spends 4 years on it, he has easily saved up 2 million.

He has to build up and maintain his assets like the richest 1% do, not like we do here. The rich user with 70 is more likely to be at 2 million here, as he is under 30

By the time he's 70, he could have 2-3 million figures.

Why not deal with the right capital structure now? Do you seriously think that 4 ETFs are the right solution?

Sorry, but I'm slightly stunned.

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Moritz@leveragegrinding

7Mês

@zjusl If you are honestly making these amounts then you have to find ways to make contacts. I'm not rich myself, so I don't know, but I can join a golf club or something else.
You'll need professional help with real estate anyway.

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ThemenmitKopf@topicswithhead

7Mês

@leveragegrinding First of all, there are several people here who are millionaires. They also have 2 properties, a 500k deposit and overnight money. That's not so unusual if you have a property or were in the capital market early enough. Subjectively speaking, 1 million or 2 million is of course a lot, but objectively speaking it is simply nothing on the capital market, so you don't have to change strategy. Just because nan has money, the same principles still apply, just more broadly. It makes perfect sense to focus on growth with cash flow at his age, because he can simply put off the years.

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ThemenmitKopf@topicswithhead

7Mês

@topicswithhead be stunned is just right. Doesn't mean that he shouldn't diversify or perhaps consider PE, but the strategy is not hollow. I manage my family's money, some of them are millionaires with the company and real estate, and PE or gold hardly makes sense. Everyone is different and for many it makes little sense to build large structures. There is a reason why CAPM and co usually prevail. It is also easy to forget how many people follow a simple ETF strategy.

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Moritz@leveragegrinding

7Mês

@topicswithhead Camp does not speak against real estate.
Your US and dollar dependency alone with the proposed portfolio is really not hedged.

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Moritz@leveragegrinding

7Mês

@topicswithhead We've been talking at cross purposes here, I also said that there are people here with 2 million, but not that young.

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ThemenmitKopf@topicswithhead

7Mês

@leveragegrinding he doesn't need dollar hedging with a life horizon of 50+ years and precisely because he is so young he can do without a lot. Dollar hedging is only worthwhile under certain circumstances and makes little sense if 50+% of your portfolio is traded in dollars. Of course he can do a lot, for example minimize drawdown risk, maximize sharp ratio and co, but for most other things you need a lot more capital. In the case of the GmbH, there are tax consultants, notary costs, reporting obligations, etc. and other taxes. Of course, if he is approaching 5 million in the foreseeable future and even now, I would do the math, but people often underestimate the costs and the effort involved for no more return. Privately held ETFs don't cause any work, are tax-automatic and also very diversifiable. With the volume, he can also save in US ETFs and has countless more choices than the average guy. 1 million in ETFs is also no risk with a well-diversified portfolio and with the 2 million he can think about buying an apartment or a house with a real estate agent. There are many young millionaires who don't do it any differently, so why should the philosophy of investing change? Everything above that is just tax optimization and up to 1 million I would say purely there, from the 1 million deposit value you can consider whether to start tax optimization. His portfolio value is "only" 130 k and the rest only comes in after that.

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Charmin@Charmin

7Mês

First of all, don't rush it, you're young, nothing will run away.

At your age, I would bet heavily on growth stocks or EFTs in this direction. You can easily ride out even major setbacks and crashes, no problem. Don't forget: Time in the market beats timing the market. So it's good if you want to stay in "stupidly" for a long time.

What I would *not* do: Gamble with crypto or meme stocks. If you can't leave it at all, then a maximum of 5-10 percent and only in BTC.

I assume the 80k is gross, income from your own company? Then - and I think you probably know this yourself - you "only" own 67k of that (VAT), so that leaves around 30k net after tax/trade tax, CT etc.?

I don't know your lifestyle, but you have to invest *at least* 20K per month.

Keep 20 percent cash.

A few more tips:

1. don't buy expensive cars
2. don't buy an apartment for your own use
3. don't buy any luxury nonsense

Instead:

1. spend a lot of time with children
2. don't work yourself to death
3. stay good

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Justin@zjusl

7Mês

Thank you for your detailed answer Charmin!

I definitely stay away from meme stuff both in stocks and crypto. I'm not a friend of and don't want to invest money "100% uncertain" of the outcome...

The 80k is net, if this info should change anything in your opinion. Of this, 15k are actually fixed costs per month 😭 But not because I feel I have a wasteful lifestyle, but because we have 2 places to live, dogs, my wife has a horse, we eat the healthiest way possible, living nicely is important to us etc etc.
But I'm also constantly trying to reduce everything here...

We definitely have an expensive car and I don't regret it at any time because I'm an absolute fanatic and struggle every day not to run straight to Lamborghini and buy one (it's my material dream)

Why not a property for your own use, if you don't mind me asking? That was a consideration...Maybe a house in 1-2 years?

I'm really the wrong person for luxury nonsense, I find it all really unnecessary, unlike my wife. 😂
Otherwise we're with our little one 24/7 and we're on the gas 😇

This has now become long but I am very grateful for your detailed comment and wanted to respond to everything accordingly.
Wish you the best and LG

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Charmin@Charmin

7Mês

@zjusl

About property: Because you can't write off interest if you use it yourself. Okay, with your income this may not play such a big role ...

80k net is very decent. What do you do?

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Justin@zjusl

7Mês

@Charmin Okay, thank you!
I have a management agency in the social media sector.

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Charmin@Charmin

7Mês

@zjusl Yes, I just saw the website ...

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Krush82@Krush82

7Mês

Just get advice from @Testo-Investor. Don't worry, these are perfect conditions for making real cash.

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Testo-Investor@Testo-Investor

7Mês

@Krush82 Thanks Crash! 💥

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Jonny karamello@Jjkn

7Mês

80k monthly income I what am I doing wrong 😂

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MitchVlasko@MitchVlasko

7Mês

@Jjkn it always depends on what you have to do for it, a prostitute also earns a lot more than me, but I wouldn't want to swap 😝

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Pope Donkey XXI@DonkeyInvestor

3Mês

@MitchVlasko I wouldn't swap my prostitute for you either!

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Pezi@Pezi

7Mês

with this amount, clearly invest in tranches...

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Testo-Investor@Testo-Investor

7Mês

Just get in touch with me for motivational coaching! Mindset of the killer you own afterwards!

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Epi@Epi

7Mês

Getquin is the wrong place to invest such amounts. Here, 10kpM is the maximum. Poor people collection stop.

My suggestion: Call Gerd Kommer and ask him for advice, he knows all about such incomes and investment sums. 👍

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Justin@zjusl

7Mês

@Epi
Hi, thanks for your answer.
Of course, everyone sees things differently and your statement is definitely justified. Nevertheless, I personally believe that I can take a lot with me here and it doesn't matter whether the people here earn max. 10k per month. Nevertheless, there are portfolios of 10k-500k here that some have built up over the years with a manageable income, which is really remarkable. And many people here will probably also be able to access these deposit sums in the future through what they themselves are convinced of and now consider to be the right personal strategy. And you or I can take a lot from this.
Or do you think I've got it completely wrong?
In any case, I really like this platform and these people.
LG

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Charmin@Charmin

7Mês

@Epi Oh, I don't know. Before you run to an "advisor" who then sells you the deka portfolio, you can "look the investing public in the mouth" here.

They can still go to an advisor if they feel they don't have a clear view.

I've often considered talking to an advisor, but all the research I've done has ultimately led me to abandon the idea because I haven't found a company whose results have convinced me.

Anyone who has tips in this direction - keep them coming!

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Epi@Epi

7Mês

@zjusl Basically, I agree with you. There are depots here that are roughly the same height as yours. In my opinion, the decisive difference is that these depots have grown to this height through their own work. They often contain a lot of experience and knowledge. No advisor can replace this and I would always refrain from using an advisor.
Your case is different: you are investing a very large amount with almost no experience. You can't really afford to make the kind of rookie mistakes that almost everyone makes. So you need someone who doesn't just tell you to buy this or that, but offers you a well thought-out financial plan that fits your goals and mental requirements exactly.

You won't get that here, you realize! Nobody asked you about your goals or your wife's risk tolerance or anything like that. B&H is not a goal as you have formulated it, it is a strategy that fits certain goals and not others.

Your capital cushion is large enough that you can afford serious, long-term investment advice. But only use fee-based advisors who work with ETFs and compare a few. Gerd Kommer is a good place to start. He has a very solid foundation and knows what he's doing. Very few people here can do more than him

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Epi@Epi

7Mês

@Charmin It just depends on your capital, your goals and your options. With €100k capital and a savings plan of €500pM, an advisor is simply not worth it. Either they are bad or too expensive. Add a 0 and it could be worth it.
As I said, I would start with Gerd Kommer, who is an investment advisor.

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JM@jm_finance

7Mês

Wow !!! If you don't mind me asking: What industry do you work in? Your monthly income is incredibly high.....Top !!! :-)

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Krush82@Krush82

7Mês

@jm_finance with that amount, it will probably be some kind of self-employment or professional soccer player. Such a high monthly salary as an employee at the age of 25 seems almost impossible to me ;-)

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Justin@zjusl

7Mês

Hi, I have a management agency and am active in the social media sector 🙏🏼
Thank you very much!

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Testo-Investor@Testo-Investor

7Mês

Attention, many people here are of course very conservative and especially at your age I would invest massively in crypto with the sums of money you are allowed to take a little more risk at 25 and crypto has not been a high risk asset for a long time, especially not if you have been working intensively and for a long time.

I regularly advise people with assets of up to €500,000.

Of course, €80,000 income per month is brutal - you can do great things with it.

A broad base is of course very good in this case, but especially considering your age, I wouldn't be satisfied with a normal 7% maite and therefore I would also set the crypto share very high.

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Metis@Metis

7Mês

@Testo-Investor However, with a wife and child in the background, you should also keep an eye on security in a few places, regardless of age.
If you have other financial security for your family, there is nothing to be said against riskier investments as a supplement.

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Testo-Investor@Testo-Investor

7Mês

@Metis No offense, but he earns 80k a month. You don't have to worry about security, do you? 😂. And I'm not saying he should put 80k in crypto, but only soooo 79,000€ 😂😂

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Metis@Metis

7Mês

@Testo-Investor Especially then it is all the easier to put e.g. 100k-150k into an AllWorld as family assets and security and then go and play with the rest. 🤣
The running costs don't cover themselves if the 80k are quickly gone (in the red) and then only go up again a week later. :D

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Testo-Investor@Testo-Investor

7Mês

@Metis yes you can use an allworld as an addition ... but would expect more returns at that age and put massive money into investments that simply perform better Btc for example ... everything has fucked the last 10 years ... and that's a fact .

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Metis@Metis

7Mês

@Testo-Investor As I wrote, I would separate the family assets from his assets and approach them with different levels of risk.
Then hopefully the wife won't chop his head off if he has bad luck with the riskier things.
He's not just investing for himself. You have to bear that in mind. Families have already broken up because one parent took too many risks and "gambled away" the family fortune.

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Testo-Investor@Testo-Investor

7Mês

@Metis again . Crypto is not gambling. At least not Btc. It is an asset class that should be taken very seriously and belongs in every portfolio.

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Metis@Metis

7Mês

@Testo-Investor We're talking about a beginner here, that they do everything right first time and never pay no tuition in any way.... well.

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Justin@zjusl

7Mês

Hi, thank you all for the answers and discussions. This helps me a lot!
I'm very convinced of crypto and bought BTC at $19,000 (that was my very first investment, so to speak😂) and didn't do anything after that and then got more involved with investing until I sold tax-free close to the first ATH with a return of over 200%. It was far too early, so that was also an imaginary lesson or a missed return 😭
I bought Solana and XRP in the same way before the US election and sold them again with a good return.
Now I'm also waiting to get in here with crypto (or as you said Testo full focus on BTC) because there should also be a good correction here, right? 😅
Otherwise, you're both definitely right... I'm split. On the one hand, I'd like to take more risk and I'm also aware that I always make large additional purchases to compensate for losses or drive down my equity...
On the other hand, as Metis says, there is my own family and a certain fear in my beginner's mind that I could honestly fuck it up.
In the end, I will still invest well in BTC during the next correction.

I've already bought a BitBox02 for this or would you recommend something else Testo?

Thanks to all the other great answers, for which I am extremely grateful, I still have to work out my final strategy for the rest of the money😂

But I absolutely love crypto.

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Testo-Investor@Testo-Investor

7Mês

@zjusl Hi Justin, I can tell you have a restless hand and tend to sell quickly when you make small gains :) Bitbox is good, although I'm a Tangem fan, but I also use Safepal s1 pro.... The advantage of Tangem is that you always have the card with you and can quickly withdraw or move coins to it. yes, then I would familiarize myself extremely with the topic of crypto .... Altcoins in particular are currently very interesting because the return potential is better than with Bitcoin....

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Testo-Investor@Testo-Investor

7Mês

@Metis yes, but he will survive... he doesn't have to put 50k in BTC right away.... build up slowly and get to know the market :)

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Lucrash@KapriolenCapital

7Mês

Your income is so high and your age so young that more risk can be taken here. To avoid messing things up for your daughter, I would set up a junior custody account which you leave to her at 18. Deposits of 1-5k per month are still possible with fixed costs of 15k. This will give her a driver's license + car + home furnishings or down payment for the apartment later. Assistance that creates space in stressful times could also be worth money to be able to spend valuable time with your wife and child. But of course I don't know your situation.

Apart from that, an asset-managed limited company or possibly a family foundation as a holding company could make sense in the long term, but I would have that checked by experts, as I don't have the expertise. But these are constructs that I am familiar with from people with high incomes/wealth.

An expansion to precious metals, crypto, real estate and co. depends on your risk appetite and life planning. In theory, even angel investments in start-ups would be possible, but they bring stress and high default rates.

You could also join a family office later on. You are spoilt for choice, but with the support of specialized tax consultants and advisors from investment banks such as Goldman, you should be able to find a strategy.

I think you need professional support. The masses here, including myself, are not in a position to really help you.

Your income is very impressive I must admit. I wish you and your little family every success in the future!

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Justin@zjusl

7Mês

@KapriolenCapital
Thank you so much!

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Lorena@Lorena

7Mês

@KapriolenCapital you definitely need professional support too...

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wegberg88@wegberg88

7Mês

I myself have 3 ETFs, the FTSE All-world, the stoxx europe 600 and an emerging markets ETF. To be broadly diversified. I have 80% in ETFs, 15% in individual shares and the remaining 5% in crypto $BTC and $ETH. I would also put the money in month by month and not all at once.

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Lum0k@Lum0k

7Mês

Get proper advice from an independent advisor and diversify. What kind of company do you have, 80k/month is quite a lot.

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aminemeskni@Aminmeskini

6Mês

Although I am certainly not better than you, I recommend you to save the NASDAQ every month and you will outperform almost all stock pickers like me in the long term. When you are ready, you can slowly buy a few individual stocks. You don't need any advice, nothing.

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