By Elle's portfolio we implicitly target the CAGR of 6%. Alas, this year the CAGR turned out to be -24.7%! Especially our recent portfolio restructuring (sell Silver and buy DAX and WTI Oil) was not good.
Still we are better than a passive savings plan in DAX (this would have a CAGR of -30.7%) and look optimistically in future. Especially pleasant was Elle's reaction on the (temporary) drawdown: calm and stoic. This a necessarily trait for a growing Warren Buffet. Continue reading "JuniorDepot12 – DAX, Silver, Oil: pessimistic end of year and optimistic sentiment for future"
Category: JuniorDepot
JuniorDepot11 – Speculating with DAX and WTI Oil
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"
JuniorDepot10 – Speculating Gold and Getting Benefits of Diversification
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"
JuniorDepot9 – Buying Silver ETC again
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"
JuniorDepot8 – Buying Silver ETC and DAX ETF
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"
JuniorDepot7c – Lots of Actions and Calculations
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"
JuniorDepot7b – Selling mDAX, Buying Platinum and Achieving 8% CAGR
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"
JuniorDepot7a – Selling Silver and Buying DAX ETF
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"
JuniorDepot7 – Buying Silver
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"
JuniorDepot6a – Suboptimal Market Timing and 2nd Stockpicking Attempt with Viacom
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"