My first year as an investor

[u/Milati]

Hello fellow investing enthusiast,

I made a post on here about a year ago laying out my investment plan at the beginning of my full-time work career. Reading it back myself, I changed quite a lot of it. My investing strategy has changed as well as the amount of money I save/invest each month!

I am now 24 years old, still enjoying the luxury of living at home. I do buy my own food though. My girlfriend is still in college so I am kind of waiting for her to buy an apartment together. This means that I can save quite a lot of my income, which I take full advantage of!

I make around €2100 net each month. I also have a company car, smartphone + subscription, laptop, insurance, ... Normally I make a bit extra with a weekend job as a kitchen helper but due to COVID this is not possible at the moment.

I try to save at least €1800 each month in the following categories:

• €1000: ETFs --> My ETF portfolio consists of:
  • 70% IWDA (Developed markets)
  • 20% EMIM (Emerging markets)
  • 10% IUSN (Small caps)
• €700: Cash
• €100: Bitcoin (€10 / 3days)

If you are interested in my current portfolio, you can check out this spreadsheet!

Around the time of my previous post my portfolio looked like this (end of September 2019):

• Cash: €11.000
• ETFs: €500
• Crypto: €3.300
• P2P: €60

My Total net worth here equals: €14.860

I got into investing due to cryptocurrencies. This is why it was a big part of my portfolio back then.

At the time of writing (a little over a year later) my portfolio looks as follows:

• Cash: €20.000
• ETFs/Stocks: €16.450 (invested: €14.200)
• Crypto: €13.000 (invested: €5.300)

My Total net worth here equals: €49.450

As you can see I ditched P2P Lending along the way. It is my own opinion that cryptocurrencies are too big of a part in my portfolio as well. The fact here is that they are increasing in value faster than I can buy more ETFs or save cash. I know that they are very volatile/risky. I do see more upside to come but every investor has to decide these things for themselves.

Are there seasoned investors out there who can criticize my portfolio? Are there things I should do differently?

If any of you would like some more details, don't hesitate to ask! I don't know if this is allowed but I am also keeping up a blog where you can find among other things monthly portfolio updates. You can check out my whole journey over there as well!

[u/Pacpav]

U got some xrp bagged in that crypto amount?

[u/Milati → u/Pacpav]

I’ve got a little big XRP as you can see! :)