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0 votes
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Looking for advice: How do I find out what stocks to invest into?
First of all, I am not asking for advice about what to invest in. TLDR: I just want to ask for advice about how to know what to invest into? Background information and/or irrelevant rambling...
First of all, I am not asking for advice about what to invest in.
TLDR: I just want to ask for advice about how to know what to invest into?
Background information and/or irrelevant rambling below:
I have minimal experience with stocks, having only invested €2500 into a pension account thanks to it being a gift from my father some years ago. Early this year I got taxed about €200 for unrealized gains of my stocks, mainly one of them (RHM.DE) and it takes up a little more than half of the value of the stocks I have. At that point in time when I got taxed it was up almost 100% compared to when I bought it almost two years ago. It has now fallen quite far again and as a result is up less than 10% and my gains are €180 so basically the massive gains (if I had sold at the right time) got cancelled from the taxes. Although to be fair I don't actually know if that's how the tax system works, but I do know I was unlucky to not just sell it off at that peak. But speaking of luck, I am still up like 60% overall thanks to another lucky stock which is up 150% (ENR.DE) compared to when I bought it.
Again, I have no sense for economics or financials or investing lol, genuinely just lucky??
The investing I did was based entirely on Merz changing the direction of German defense policy when he got elected where he said his government will heavily invest in defense. Rheinmetall being a German weapons manufacturer, it only made sense (and it paid off for a while) and the Siemens investment I made was just an afterthought in order to not have all my eggs in one basket. I also have other stocks that are up like 60% 75%, 90%, and then get this: a stock I didn't even buy (it was like a split-off of something else, and given to me automatically?) is up over 800% so I still have an overall value of €4000 from a starting point of about €2500 and €1500 gained in less than two years is, of course, and I cannot emphasize this enough, just purely luck lol
I might as well have gone to a casino.
Long story short and reason for posting I'm now wondering what to do with that RHM.DE stock. Because it doesn't seem good anymore and maybe the ~€2100 value is better spent somewhere else? But how do I know?
11 votes -
Does Tildes welcomes “self-promoting” links to personal blog posts?
I share some posts from my blog here, and almost all of them have a meta-discussion regarding “self-promotion”. The latest prompted me to bring up a proper meta-discussion on the subject. Tildes'...
I share some posts from my blog here, and almost all of them have a meta-discussion regarding “self-promotion”. The latest prompted me to bring up a proper meta-discussion on the subject.
Tildes' Code of Conduct says:
If you have your own site/project/channel/etc. that you'd like to share on Tildes, that's generally fine (in moderation), but it shouldn't be the primary reason that you post on the site. Tildes is a community, not a free advertising platform. Sharing your own content is welcome as long as you're involved in the community, but don't just treat Tildes as a source of an audience.
I guess we need to address what constitutes “moderation” and sharing one's own stuff as “primary reason”. Am I abusing this rule? If so, why? If not, what am I doing to avoid abusing it? (Using myself as a “control group” for the discussion; feel free to bring made up examples.)
As I said elsewhere, I like the discussions that happens here, try to engage in topics other than mine, and I share my blog posts candidly.
11 votes