No milestone picture or picture with super great returns. A paltry 0.3% in 2 years.
Should I be proud of that? Not of the performance, but of the way back.
What has happened? I went public in mid-2021 and since I was a model student of Olaf's for years, the money sat nicely in the bank. Then suddenly there were all these great opportunities and "cheap" shares. Anyone who remembers the middle/end of 2021 will remember how "cheap" everything was.
I bought and bought without much idea. Paypal and ATH? Bring it on. Biontech at the ATH? Corona stays forever. The train continues to travel easily up to €500. Facebook on the ATH? Here we go.
Completely clueless, I spent my hard-earned money on shares whose value I couldn't really estimate. I had no experience. Instead of starting with one or two ETFs, I wanted to turn cold pants into Buffet 2.0 and ended up not even being the Dirk Müller of Wish.
The losses then made me super insecure. I then sold shares when it was far too late and nonsensical. Example: Meta at €100 with a big loss.
In the bear market, of course, I didn't have the courage to collect the fallen tech angels and so this recovery went almost without me.
I have only really had a plan since fall 22, although my initial mistakes still make me cautious.
Now, after more than 2 years, despite all the mistakes, I am proud and happy not to have drawn a line at -10%. I stuck with it, acquired knowledge and stayed on the ball. Now I have been rewarded with a 0.3% return.
My stock market career started more or less 2 years late. But with a lot of lessons learned and some experience under my belt.
ui, that was a lot of lines.
Thanks to everyone who has read it. 👍🏻
To all beginners. Take me as a cautionary example.
-> best regards
