Hello everyone,
Some of my acquaintances had quietly made big money with investors in Tesla/Nvidia, others hit the big time with Bitcoin. In hindsight, of course, they were very lucky, but they tried it and were lucky.
I always thought that shares etc. were generally reserved for the "upper class" and without tens of thousands of euros you can forget it.
Since learning these things, I've watched a lot of YouTube videos to at least pick up a few basics.
In this day and age, it's very easy for anyone to participate.
After the tenor of the "financial professionals" was, don't spend weeks/months comparing which broker and what type of investment, just get started and you can always readjust later.
Well, now that I'm over 40 and have had a very unfortunate financial path so far, I've also taken the plunge. The decisive factors were the success stories of my friends and then a look at my pension fund that my insurance broker once talked me into. In other words, I am a Skandia/FWU "victim". Since I live in Austria, I'm at least lucky enough to still have my deposits, but de facto 0 performance.
There's about 5k coming out soon that I could invest, let's see.
I now have a broker $FTK (-0,05%) then this app for the management/collected overview. Unfortunately, the broker was there first, so I'm currently complaining that Getquin doesn't have an automatic connection and has to be updated manually, but maybe that will come, and I've already set up a savings plan for an ETF (MCSI World), as it doesn't "start" until 15.01.25 I'm curious how it will develop. I actually wanted to put the 5k mentioned above into the ETF, but I haven't found a way to make a one-off payment and then a savings installment. I will probably do this by increasing the savings rate until the 5k is there.
Since the money is not sitting so loosely and everyone is talking about diversification from different investment opportunities, I have bought a few more cryptos. As I said, since there's not much risk involved, but I still want to be involved, I also bought a few more coins. I'm sure they're the wrong ones, but the feeling was great when I bought 2 million coins for EUR 40. The value has now grown to almost 50 EUR and I'm really enjoying it (it may sound ridiculous to many, but as I said, it's fun).
Today I spent another 60 EUR of my play money on a share package. It's a similar issue to coins. I can't afford a Tesla/Nvidia share at the moment and with one share (you can't even download a "copy" of the share to hang on the wall at home) it doesn't make much sense either.
But I have found a share $ATO (-13,64%) I know the name of the company and because they are going through difficult times at the moment, I bought 30000 shares for the money. I'm convinced that the guys and gals there will get things going again.
With Getquin, I actually thought that you enter your data and the AI then makes suggestions for investments and then sends messages a la, hey watch out because this and that, but we're probably not that far with AI yet or you still have to switch it on somewhere 🤣
If anyone has a tip or two, I'd love to hear it.
So here's to a year with lots of positive experiences and learnings.
LG
