state of the stocks - july 25
in an attempt to “diversify my wealth”, i have been investing in the stock market for a year now.
the plan was simple: put 100€ in a different company each month.
the first company i invested in was nikola.
Its stock went bust immediately and I lost everything.
0% return rate on investment, well done fucker.
nevertheless, i kept doing it and we are now at 1% roi.
how did i pull this off? let’s see.
company number 2: hexatronic
no idea what i was doing there. investing in european tech i guess? stock last half of its value.
number 3: sap
doubling down on shit choices. stock lost 20%.
number 4: first solar
thought the pushback on chinese solar would be greater. -3%.
number 5: unibail-rodamco-westfield
following up on a news that they were doing shady shit. good call: +5%.
number 6: heineken
i thought invest in this stuff in the winter, sell in the summer. so far, not great: -1%
number 7: amundi s&p 500
no idea what that even is. poppa’s bond i guess. poppa’s growth: 2%.
number 8: safran
european militay spending is off the charts. +10%.
number 9: 1&1
+17% after ups and lows.
number 10: meta
finally some sense. who cares if ai is a bubble? selling this whenever possible. +20%.
number 11: reddit
i saw an ad. that’s all you need to know. ads mean “we can burn cash, fuck you”. +25%.
number 12: air france
+35%… what can i say.
conclusion
this is abysmal performance. i am a moron.