2D·

Should I be satisfied? Yes. Am I? Somehow not quite.

First of all, I would like to emphasize that I am not completely dissatisfied, especially not with my life. I have my dream job, my dream woman and have just returned from vacation. So basically everything is fine.

However, the last few weeks on the stock market had me a little worried, because things did go downhill a bit and I quickly fell below the "magic" €100,000 threshold again. I scraped together the last of my cash and bought another €6,000. At the moment I have no more reserves, so now it's back to building up a nest egg and hoping that there won't be another good opportunity to buy more... :D

I'll also show you my portfolio. Unfortunately, I got very carried away with the $NKE (+1,6%) which is dragging my portfolio down quite a bit. But I've decided to keep the share and see what the coming period brings. Maybe that's why I'm a bit dissatisfied, who knows.

Otherwise, I should be more than happy with my assets at the age of 37.

I currently own three condominiums.

ETW 1 in 2018 (owner-occupied): Value approx. €400,000 (bought for €300,000) - Remaining debt: €100,000
Apartment 2 in 2021 (rented out): Value approx. 230,000€ (purchased for 189,000€) - Residual debt: 176,000€
ETW 3 in 2023 (rented out): Value approx. 310,000€ (purchased for 215,000€) - Residual debt: 206,000€

I am currently negotiating a fourth apartment. Let's see what happens. :)

What has eaten up my nest egg? The greed for investing... :D and an appreciation of my owner-occupied apartment. What do I do next on the stock market? I'm someone who likes to buy when I think the price is a bit low - catching the lowest point is of course almost impossible, but somehow it makes me feel better than constantly running a savings plan...

My savings rate is just under €3,000, but as I've already mentioned, I'm going to build up my nest egg to around €20,000 again first and then we'll see what happens.

A 500€ savings plan runs on the side with Trade Republic and I "save up" the remaining 2,500€ and then invest it at a time that suits me, now mostly in my distributing ETF $VWRL (+0,84%) .

My goal? Dividends that I can use when needed to make my life even better. Perhaps also to increase my portfolio by selling the apartments after a holding period of 10 years to escape speculation tax... :D Maybe also having the freedom to reduce my weekly working hours at some point...

I ask myself these questions every day, but I can't find a really clear answer. Maybe someone knows this feeling and would like to contribute something...

19 Comentários

I know some of my coworkers who are your age who are nowhere near as wealthy as you are, so sit back and look to the future, because you're going to have a great one when it comes to money 👍🏼

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Radballer@Radballer

@Julius_Gru I often say that to myself, but I rarely succeed. :)

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Basti92@BavarianLion

I would lean back a bit, I don't think you need to worry financially! Almost 4 apartments and a six-figure deposit, you could be in a worse position 😉 But I know the situation, sometimes you have the feeling that things could be better, but at that point you should be careful not to break yourself mentally! When I got to that point, I went on a few trips and just concentrated on myself! It definitely helped 👍

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Radballer@Radballer

@BavarianLion I've actually neglected traveling for the last few years, but now I'm trying to see more of the world to broaden my horizons... :)

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Maximilian@Max095

I'm in a similar situation at the moment... I'm heavily in the red with many individual stocks and have almost "gambled away". $NOVO B $NKE $UNH and $STLAM are my biggest flops... maybe I should stick with ETFs after all

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Radballer@Radballer

@Max095 I feel the same way with my Nike share. With an ETF, there's really little you can do wrong and you're usually better off with it... :)

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Daniel@trade_commander_2498

I think or can imagine that what moves you is not just about the financial aspect. Life is more than just numbers, pluses, minuses, etc. Of course, it may be that this possible dissatisfaction is calling from the depths of life. If that's the case, your assets won't be enough. But that's just my thought that came to me when I read your post. I think ambition, ambition, diligence, seeing money as a tool and being smart with it is very important and good but I think there is more than that that doesn't want to be forgotten or ignored.
If I'm wrong, please forgive me 🙏

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Radballer@Radballer

@trade_commander_2498 I am very ambitious and also very ambitious when it comes to my goals. I actually see money as a tool and not as pure well-being if I have more in my account. There are so many things that make me happy and cost little to no money.

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Daniel@trade_commander_2498

It's a great view. I think you also have to invest in these things.

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Heiko@Schalk77

Be happy that you are healthy and your family is healthy and you can enjoy life! With 3000€ only in installments, many here dream of it! I'm sure you'll find a way 🤓👍
Keep up the good work. Lg

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Radballer@Radballer

@Schalk77 I hope so..

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Thesaurus@Thesaurus

Respect. However, I would be interested to know why you prefer a 4th ETF to a global ETF. The variables: Yield, no cluster risk, liquidity and the increased expense clearly favor the capital markets in my opinion.

However, I would be happy to be convinced by your opinion :)

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Radballer@Radballer

@Thesaurus Good question. The possible fourth property will be fully financed, including the ancillary costs. So I basically have no costs at all and the apartment is self-supporting thanks to the rental income. With an ETF, I can only invest the capital that is actually available to me. With real estate, you have much greater leverage.

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Julius G.@Julius_Gru

Everything is fine, you have invested a 6-digit amount and almost 4 apartments, I don't see a problem at the moment, what do you do for a living that you can afford so much real estate and save 3000€ on the side

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Radballer@Radballer

@Julius_Gru I'm not a high earner, but my net income is around €4,200. The apartment pays for itself, otherwise it wouldn't be possible. I like working and I work a lot. In addition to my main job, I often go to work on the side, for example in the bar at festivals. Why? For a change. :)

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Thesaurus@Thesaurus

Respect. However, I would be interested to know why you prefer a 4th ETF to a global ETF. The variables: Yield, no cluster risk, liquidity and the increased expense clearly favor the capital markets in my opinion.

I would be happy to be convinced by your opinion :)

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Harald@Madhatter5566

I think that's the curse of being able to call up the figure for your assets on a daily basis. The usual fluctuations are there, but if I'm chasing a certain figure or have saved it as a feel-good limit or achievement, any shortfall is suddenly stupid.
Especially if you have actually written everything down and included it in your calculations. In my opinion, it's better to keep an eye on your liquid assets, but to keep the frustration down with an emergency fund that isn't included in the calculation. Then, once you've "reached" a comfort level, the penny in your head will still be there.

I've just reached a number that I'm scratching with the funds I've entered. A milestone, so to speak. Every day it fluctuates but sometimes 3k-5k below and sometimes slightly above. If it's below that, it actually helps me to know that I'm actually already above my milestone with the things on the daily allowance.
Much less should you include fixed assets that are absolutely immovable. If you still need years before you can even sell the property, I wouldn't really always value it. Or live in it. Because then you'd be homeless without it, which you don't want to be, so you'd have to buy another item. You shouldn't include the things you keep in your standard of living. For example, including my car in my assets is great, but actually, since I can't do without it, it's an unsaleable asset. The value of the car, if I were to sell it, I would have to invest in the next car.

Harald

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Shauket@Shauket

What’s your thoughts about Nike?

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Kurz@MrKurt89

I think you're in a great position and hardly need to worry financially. A self-made blessing in my eyes. Everything Gute👏🏼

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