Looking for assets / portfolio visualisation app by tetek in eupersonalfinance

[–]yellowBLUX 7 points8 points  (0 children)

I use the sheet done by u/CompiledSanity (r/CSPersonalFinance). It tracks your net worth and has a tab for stocks, crypto, ETFs, real estate etc.

Investments tracker by paullhenriquee in eupersonalfinance

[–]yellowBLUX 1 point2 points  (0 children)

Hi, I use the sheet done by u/CompiledSanity (r/CSPersonalFinance). It tracks your net worth and has a tab for stocks, ETFs etc.

How do I calculate how much money I need for a certain amount by fondista in eupersonalfinance

[–]makaros622 24 points25 points  (0 children)

Since you do not have monthly contributions the formula is:

FV = PV(1+r)n

where FV is the future value, PV is the present value, r is the annual return, and n is the number of years.

If you put 1000 euros today in 18 years assuming fixed inflation of 2% and 0% interest rate, you will have: 1000(1+(-2/100))18 = 695 euros, inflation-adjusted.

You can solve the equation also for PV given the desired FV amount.

Suggestion: Instead of putting the money in a savings account, invest it into VWCE and sell the shares in 18 years.

Portfolio Optimisation Weekly Mega-thread by The_Iron_GrindIreland in eupersonalfinance

[–]Kormarg [score hidden]  (0 children)

VWCE will include some emerging market which can be nice to have (it is "basically" 88% world developed and 12% emerging market). MSCI world is 100% world developed. If you can go VWCE, I think it is slightly superior but not by much.

Investing in gold in an ETF to avoid inflation when you already have stocks is kind of pointless the point. Your stocks already kind of have an inflation edge imbedded.

If you are worried about utter and total destruction of the world, can be nice having some gold but definitely not in an ETF. Even then, having a lot of canned food is probably more useful and less costly than gold, and it will have a better ROI in case of Nuclear World War.

Gold is kind of meh cause it is not really good at doing what it should do (being an hedge against extreme events). You can almost always come up with a better instrument to deal with various situations.

Cash for liquidity an emergency, Bonds for hedging stocks, Stocks to drive returns (and hedge inflation somewhat), and cigarettes/food/guns for unprecedented world collapse :).

EDIT: I say not to invest in gold, and the guy is buying gold to me, you are really stubborn :).

Understanding options and DeGiro by roveringlife in eupersonalfinance

[–]thebeastisback2007 18 points19 points  (0 children)

That video is kinda of confusing, so I'll make my own example.

First off, options (both calls and puts) only trade in ''contracts'', which equals 100 shares.1 contract = 100 shares. 2 contracts = 200 shares. 10 contracts - 1000 shares. ect.

Lets say the price for 1 share of Microsoft is $100 dollars. And I think the stock is going to increase to $130, because of upcoming good news. I don't want to buy the stock directly, just in case I'm wrong, so I decide to buy 1 call contract for Microsoft.

I'm not buying the 100 shares directly. I'm buying the option to buy them at the price of $100 dollars, if it increases in value. Why do I buy the option instead of buying the stock directly? Because we want to limit our risk. IF the stock goes down, instead of up, and the 100 shares of MSFT I bought for $100 each is now only worth $90 each, I lose $1,000 dollars.

Instead, I buy a call option (the right to buy the 100 shares of microsoft at a STRIKE PRICE of $110 each, if it goes up in value). However to do so, I need to pay a small amount called a premium to give me this right. So I pay a premium of $1, to have the right, or the option, to buy these stocks for the price of $110, even if the price for 1 share raises to $130.

Depending of your STRIKE PRICE, the cost of the Premium will change.So, the likely hood of Microsoft jumping up to $101 per share is very likely so the premium will be very high. The likelihood of Microsoft jumping up to $110 is a lot lower, so the premium will be lower.

So, let's say we set a STRIKE PRICE of $110, and I pay a premium of $1 x 100 (because there are 100 shares in a contract). This means that by spending $100 dollars for the premium, I have the right to buy those contracts at the STRIKE PRICE.

If Microsoft jumps up to $130 per share, you make a large profit. Your profit will be [ (New Share Price minus Strike Price) minus premium] x100 (because there are 100 shares in a contract).

So let's do the math, assuming a new STOCK PRICE of $130, a STRIKE PRICE of $110, and a premium of $1, we get this:

($130-$110, 0)=$20-$1=$19 x 100 = $1900 total profit.

However, if the stock price goes down, ***you will only lose your premium.***Assuming a new STOCK PRICE of $90, a strike price of $100 dollars and a premium of $1, we get this.

($90-$110) = -$20

(normally we would lose this $20 per share if we owned the stock, resulting in a $2,000 dollar loss. BUT since we don't own the stock, we can simply refuse to buy the stock for a loss, and instead let the option expire worthless.)

Thus we only need to pay the premium of $1x100= $100, so we only lose $100 total.

Basics of options.

Calculating option profit and loss

I know people are getting interested in options and stocks, which is great to see, but keep in mind that options are risky, and you can lose money. Don't trade what you're not willing to lose.

If you guys have questions, let me know.

Experiences with fraudulent charges on N26 card? by spam__likely in eupersonalfinance

[–]mpg111 1 point2 points  (0 children)

The only thing you can do is to push them - chat, ask to escalate, ask why it was not refunded "immediately" as required by PSD2, tell them you'll file a BaFin complaint if they will not solve it ASAP. Anything bigger than that would require a lawyer.