I've been a silent user of the GetQuin community for quite some time now and thought I'd share my first post here to exchange ideas with experienced hobby investors and get some honest feedback on the portfolio I've built up to this point.
My journey into the beautiful wide world of shares began almost 4 years ago, when the consequences and extent of the corona crash on the stock market reached me.
Shortly afterwards, when the indices had long since recovered, I decided to open a share portfolio with my trusted Volksbank, unaware that this action would be my first mistake at the beginning of my long journey.
At the beginning, like probably every beginner, I had no strategy or even a plan on how to approach the matter.
So, full of zest for action, I started buying shares indiscriminately on a small scale - for €200 one $BLDP (-0,35%) for another €250 one $PLUG (-0,4%) and I still had €100 left over for some shares in $EGR (+7,75%) left over. As I had also heard something about "dividends" and naturally wanted to profit from them too, I also put $ELE (+1,33%) in my securities account (200€). The order costs amounted to €14.90 per order.
With these 4 positions, I then spent the following days and weeks calculating a number of price scenarios on my computer app and imagining how many thousands of euros I would gain if these "unrealistic prices" were to materialize at some point.
The first price losses came quickly and just as quickly the frustration and I started jumping from share to share to make a quick buck.
It took me about a year to come to my senses and gain a little more insight into the matter. I started following big influencers on Instagram.
At some point, I had a bit more of a plan and started again, I canceled the custody account at Volksbank and opened a custody account at TradeRepublic and started ETF savings plans as well as share savings plans.
In the beginning, I mainly bought the ideas of my financial influencers.
Basic companies such as $MCD (-0,98%) , $Coca u. $PG (+0,24%) were not to be missed, of course. I was branded by the high-risk stocks I had initially bought and therefore only wanted boring but solid dividend payers in my portfolio.
I gradually realized that a healthy mix of dividend payers and growth stocks is inevitable for a structured portfolio and so stocks like $Micro, $GOOGL (+1,25%) and $V (+0,05%) have also found a place in my portfolio.
In the meantime, 4 years have passed in which I have lost a lot of money, gained even more knowledge and invested a lot of time in the world of finance. I have built up an impressive portfolio, which I would like to optimize and expand in the future.
I think that some of you will be able to identify with this short beginner's story and I look forward to hearing about your initial experiences and stumbles.
