4D·

Am I getting old and sensible? 😬

Since I get to celebrate my 18th birthday this month, and I’ve also seen a jump in my income thanks to a new part-time job I’m doing alongside school—

I’ve taken this as an opportunity to start a small monthly savings plan on the NASDAQ.

(There are even two installments this month)…

The savings plan is designed for the long term—probably at least 10 or 20 years—and I chose the dividend-paying option because it gives me peace of mind to see a few cents hit my account every now and then…

Best regards, Small Investor 😁

09.10

iShares NASDAQ-100® ETF

Comprado x0,38 em € 263,24

€ 100,00

23 Comentários

Wealth-Accelerator@Wealth-Accelerator

Only 7 more years until the All-World 😂😂😂

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emppsb@emppsb

@Wealth-Accelerator give him time sensei eheh

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Wealth-Accelerator@Wealth-Accelerator

@emppsb I Like what he is doing, I guess he knows 😉

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der_Don@der_Don

I've been active in the stock market since I was 16, and I'm 21 now. I can tell you one thing: The shift from "I'm just messing around with stocks" to "Screw it, I'll just throw my money into an ETF" is still to come. I mean, I still hold individual stocks occasionally and I’m still really active in swing trading… But at some point, your portfolio grows to a size where you have to start making rational decisions. By now, I’ve saved up a fortune of just under €50,000—all without any inheritance or gifts. And with amounts like that (especially at our age), you really have to have some guts when your biggest position is something like $IREN or $PNG. Until the switch happens, have fun 😂🚀

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Epi@Epi

@der_Don Level 1: Money market funds, Level 2: Individual stock speculation, Level 3: B&H Index ETFs, Level 4: Multi-asset portfolio, Level 5: Multi-asset, multi-strategy portfolio

You’ve still got a long way to go! 😬

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KevinE@KevinE

@Epi For a very long time, I still had the following options: a) a home savings account and b) a fixed-term deposit. It actually all started with the Volksbank “Jeans” savings account.

If I’d put that money to work properly back then (despite the small amounts), my portfolio would probably be 40–60% larger now—and my job would already be completely optional.

It’s incredibly beneficial when 16-year-olds start getting into investing. Then, in my opinion, it can happen in a much more relaxed way, because compound interest has an even stronger effect.

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Epi@Epi

@KevinE Yeah, I’d still count savings accounts and home savings plans as Level 1. Even those are better than checking accounts or consumer loans.

And I don’t think you should beat yourself up for not having invested like a pro when you’re just starting out. Learning is a necessary part of the process. 👍

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KevinE@KevinE

@Epi In that sense, I wish I’d become an “old hand” sooner 😃 but looking back, I’m also glad that most of my mistakes were pretty minor. Even though the nearly €3,000 loss on Varta (which used to be “the” e-mobility stock…) still stung for a long time.

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Basti92@BavarianLion

@Epi I'd classify overnight money as Level 2! For most people, Level 1 is: YOLO—blowing all your money on pointless stuff—you've got to enjoy life, after all 😉

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Epi@Epi

@BavarianLion That's Level 0. It has nothing to do with saving, planning for the future, investing, or speculating. 😅

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Basti92@BavarianLion

@Epi Who knows—my 18-year-old cousin was trying to convince me the other day that his €600 Louis Vuitton belt (which he actually saved up for from a part-time job) was an investment 😂🤯
But at least he has an ETF savings plan set up… so all is not lost yet 😅

What I find truly alarming, though, is that more and more young people are going into debt to keep up with consumer trends (overdrafting their accounts…)

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Epi@Epi

@BavarianLion Young people learn from their elders. Keyword 1: 500 billion in debt for pensions. Keyword 2: Collectibles—stamps, model trains, collectible mugs. 🫣

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Basti92@BavarianLion

@Epi You’ve just brought up what I think is a fundamental problem in our society! If young people “learn” from their parents that “we’ll buy this on credit” or “we’ll overdraw the account for that,” then it’s only natural that the kids will carry on doing the same thing later on!

That’s why there’s some truth to it: The rich are getting richer! Because the truly rich (and I’m not talking about lottery millionaires here) teach their children how to make money, not how to spend it!

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Basti92@BavarianLion

It's great to see young people getting started with finances so early 👍 Keep it up—by the time you're 30 at the latest, you'll see the difference between yourself and many others 😉🚀

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Donkey Diktator@DonkeyInvestor

How sad

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Cheyla@Cheyla

Great ETF—I'd consider it too. :)

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Eddi@financial_ninja_104

I don't have any ETFs in my portfolio at all, and I'm currently shifting my portfolio a bit toward a dividend-focused one. The dividend from your ETF would be too small for me. I have stocks in my portfolio that pay me dividends ranging from 10% to 30%. But I have to admit that many of these stocks have already risen quite sharply, which is why the dividends are comparatively high. And I’m also certain that the dividends will drop significantly again over the next 6–12 months. But even 7–15% would still be significantly more than what the ETF offers. In any case, I could already pay my rent with the dividends. And I think that will stay that way because I reinvest most of the dividends.

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Paulchen@Divident_e

Even more tech. Well, that's not exactly reasonable.

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Cheyla@Cheyla

For a young person, this makes perfect sense, since they have a long investment horizon. The NASDAQ has outperformed the World ETF over the long term.

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Klein-Anleger@Klein-Anleger

@Divident_e I do that on purpose 😁👀😘

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PikaPika0105@PikaPika0105

It's a shame you're switching to ETFs. There are plenty of good individual stocks with moderate risk. Regardless, I wouldn't invest in the NASDAQ 100 right now, since the concentration risk is already high.

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Klein-Anleger@Klein-Anleger

@PikaPika0105 I actually did that just under a week ago, and it's intended to be the long-term core of my portfolio—where I want to park my money. Which stocks do you find interesting right now?

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PikaPika0105@PikaPika0105

@Klein-Anleger Don't you think this ETF is disproportionately dependent on the Mag7 and AI stocks? Plus, some questionable decisions were made regarding SpaceX….
Companies I’d prefer over an ETF:

- Airbus
- Fujifilm
- Sony
- NEC
- Netflix
- Adyen
- Rocket Lab
- LVMH
- Nintendo
- Rheinmetall
- L’Oreal
- Keyence
- Munich RE
- Shin-Etsu Chemical
- Mitsubishi Heavy Industries
- Mitsubishi
- Itochu
- Mitsui
- Nasdaq
- Mercadolibre
- Hamamatsu Photonics
- Nu
- DHL
- PKO Bank Polski
- Osaka Titanium
- JX Advanced Metals
- Munters
- Fujitsu
- Sojitz
- Kawasaki Heavy
- Merck
- Uber
- SoftBank
- Hoya
- Bonesupport
- Xvivo Perfusion
- Kraken Robotics
- PKSHA
- Medley
- Envipco
- RaySearch Laboratories
- Sumitomo
- Sumitomo Electric

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