Elle, a 8-years old girl, who learns to manage her wealth, got started to trade more and more intensively. During the current market turbulence it actually makes sense. This time we speculate with an oil-ETC and learn the nuances of commodity trading. Continue reading "JuniorDepot11 – Speculating with DAX and WTI Oil"
This time Elle, a 7-year old girl, first bought a physical gold ETC but then quickly sold it and bought an ETF on DAX. Concretely this trade was a bit premature but the portfolio diversification (in particular by means of precious metals) still brought benefits. Continue reading "JuniorDepot10 – Speculating Gold and Getting Benefits of Diversification"
Elle, a 7-year old girl, confronted a hard choice this time: both German stocks and precious metals were relatively cheap. Finally, she decided to increase the position in silver, although before she has already bought a silver ETC a little bit prematurely. Continue reading "JuniorDepot9 – Buying Silver ETC again"
Elle, a 7-year old girl, continues to grow her wealth. Recently she has bought a silver ETC and a DAX ETF (the former a little bit prematurely, the latter pretty optimally). Continue reading "JuniorDepot8 – Buying Silver ETC and DAX ETF"
Market were really turbulent during the last weeks. We committed a lot of trades with Elle and did some important calculations of our trading costs. Continue reading "JuniorDepot7c – Lots of Actions and Calculations"
Elle, a 7-year old girl, who learns to manage her wealth had some temporal setbacks but now reaches the CAGR of 8.065%. We recall the trades she has done and explain who one can easily calculate the CAGR of a saving plan. Continue reading "JuniorDepot7b – Selling mDAX, Buying Platinum and Achieving 8% CAGR"
According to our plan, we sold a silver ETC near the upper line of a clearly visible channel. Today we used the DAX correction to re-buy an ETF on it. Continue reading "JuniorDepot7a – Selling Silver and Buying DAX ETF"
The current direction of the stock market remains vague, additionally we remember sell in May and go away. Thus Elle bought silver this time, which also improved the diversification of her portfolio.
Continue reading "JuniorDepot7 – Buying Silver"
Elle keeps practicing to read the charts and recently she found a strong resistance level for DAX at 12600. So we partially went to cash, however, somewhat prematurely. We tried to turn this setback into an opportunity and bought Viacom (VIAB) stocks... which dropped by -6% today. Still we hold it for a fundamentally good investment and will keep the stock. Continue reading "JuniorDepot6a – Suboptimal Market Timing and 2nd Stockpicking Attempt with Viacom"
Elle, a 7-year old girl who manages her savings plan with letYourMoneyGrow.com, became more careful after her stockpicking flop with GoPro and readily agrees to invest in an index ETF so far. We explain why we bought an ETF on mDAX this time and review our quarterly performance. Continue reading "JuniorDepot6 – Buying German Mid-Cap ETF and Getting Breakeven"