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Showing posts with the label Asset management company

Panic in the market

Hello togehter, may some of you have noticed stock market is in panic ;) Reason is well known the Coronavirus and the concern of a worldwide Pandemic. A lot of companies have worldwide supply chains which are now in danger. The Fed lower the yield instantly to calm down the market but it helped only for a couple hours. In this situation i increased my monthly saving plan to 2000€/month because share prices are now low again. Honestly i don't know if this is the bottom but i am planning to buy some extra shares and stay with the increased saving plan until things settle down. I am still convinced that the world economy is strong and shares will pay off in the long run. And YES it hurts to see the drop of my current depot. Stay Calm and buy the dip :-)

Update Depot 2019 / Asset management company

Interesting year for the stock market a lot of uncertainties caused for example by the US chinese trade war and also the Brexit. I followed my saving plans during the complete year and bought some extra stocks end of 2018 during the market drop. I added my employer saving plan and the depot which is located in Singapur. Right now the saving plans are running very nice and the anual return is close 10% and the total profit hits 10k€. At the moment mainly i try to figure out if its worth to fund a asset management company for tax reasons and easier handling for foreigner depots. Right now i think the management cost for the company is to high and the advantage to less for the amount in the Depot. Did any one have experience with German asset management company rules? So you see another boring year no high potential stocks with an increase of 300% but a steady stabil growth. I am totally convinced that stock picking is a lottery without having very deep knowledge abou...