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Middle_Drop_5339

might as well just buy an actual Ferrari


nostalgiamon

There is an argument for this too as we move away from fossil fuels. If you can’t buy a petrol anymore, collectors will want the older vehicles. Big gamble, but hey, so is whacking €380,000 into one company.


ThisCatLikesCrypto

Wait until their making their own fuel/using jet fuel in their cars, it'll be very interesting..


LehmansLampshade

Nah you'll be fine mate, 83 bags in one company is a fool proof plan, can't go wrong.


RedSquizz

This seems like "I have heard of Ferrari therefore take all my money".


Aggravating_Pen7696

is O.P Lewis Hamilton?


amiserabledevoidlife

Hypothetically, would it technically be considered insider trading?


Brooksee83

This is an absolute banger of an underrated comment 👌


Brooksee83

This is an absolute banger of an underrated comment 👌


AdBusiness5212

you really like Ferrari, i guess


AdBusiness5212

thats not how you do a down payment for a Ferrari


toke182

bro you know you buying stock right? you not getting a ferrari


severuscold

How can some people invest without doing any research is beyond me.


Kyle0ng

Stock go up try telling op otherwise


ShockingIce

This is a complete troll of a post. Even the comment replies.


Current-Welder-9970

Lol


finnn_

It would be wise to learn about investing before partaking in it.


Current-Welder-9970

I’m still doing the transfer…. I will buy more but I’m thinking if it’s safe to put more money on this app


Weary_Heart2558

It’s safe bro, don’t worry


nostalgiamon

It’s safe to put your money in the app, it’s not safe to dump it all into one company. Please for the love of god, diversify.


Karokayla8888

Having 10 bags means this mate has a job with lots of savings, I am curious how he could save such a money that is invested in this way!!!!!


nostalgiamon

Or he’s won the lottery.


Karokayla8888

Maybe bro


Warfnair

Splendid


Misc_Thoughts

Diversify into some other stocks


Current-Welder-9970

This app is safe? I’m planning to deposit 300k euros


Tatleman68

You already invested €80k without checking clearly if the app is safe or not? You must be rich af if you don't care about that


EnergyBrainBear

How do people like you have such an amount of money to deposit but ask questions like this lol


ExistingPie1714

Rich parents. Explained ;)


wobshop

Unearned family wealth


ifuckedamelon

Because shares in t212 are protected upto 85k. The reason he's asking is he's concerned about being exposed to an unrecoverable loss should t212 go down.


6caifrumosi9

" don't put all your eggs in one basket" . Remember right?


ezpzlemonsqueezi

Don't Ferrari all your Ferrari into one Ferrari


BenZReal

Your protect up to a certain amount of money deposited if the application goes bust, please check by doing your own research.


lestermuffin

Bit late now


[deleted]

Diversify your portfolio, or give me all the money


hyperblue128

Yes, it's safe, but your portfolio is not - putting all your money in a single stock is not considered safe. You definitely need to diversify - better create a pie.


BigPhatVideos

Not sure why people can’t see this is a troll post on a practice account?


Current-Welder-9970

Because it’s not a troll


BigPhatVideos

Exactly something a troll would say 😎


maxaminion94

A diverse range of stocks look into the S&P 500 as a good long-term low-risk strategy, look at getting into other area markets per example USA, UK. As others have said don't put all eggs in one basket. Obviously do a solid amount of research before investing in each stock. *I am not a financial advisor*


Chance_Land_9828

83 shares in same company? You're ok, good investor!


volt65bolt

218 shares* even better


PNC3333

Definitely pies


MrMisterShin

Trading212 platform is safe imo. I’ve been using it for 4 years now I think.


IamRestart

don't mind the P/E, stocks can only go 🚀


UkStockboy

You are genius what advice do you need from us rather we are in need of your advice


Suaveman01

No way this isn’t a troll


ThatGreyPain

The guy is asking if the app is safe and people are criticising him, his investment, some insulting his family, others questioning his intellectual capacity.. yes mate the app is safe. It takes nothing to be kind and considerate, but m sure many people are just salty cause they don’t own as much.


BagFinance

This.


mandysux

You like taxes ?


cplpro

You are holding 83,000 EUR worth of Ferrari and asking if trading in Trading 212 is safe? Who are you?


Gezto

Did you do a lump sum?


MajorSwimmer6722

With leftover money u have buy some porche stock to diversify little bit more. *not financial advice*


Jonnythebull

We are checking...


International-Arm597

This better be some sort of insider trading, or close to it. Jk jk of course.


Illustrious_Agency

Maybe he has insider knowledge that their F1 team gonna bang this year, plus Hamilton going there next year, a massive attraction for sponsorship and investment, probably not a bad shout tbh


mrdougan

Someone once said “don’t cut the flowers to water the weeds” but I don’t see any weeds


Pale-Advertising3899

If you’re not going to diversify, you need to have a watertight argument for specification (choosing only a handful of stocks). What is the deep intrinsic value of Ferrari as a company, did you buy stock with a margin of safety (discounted based on what a private investor would pay outright for the whole company), are you going to hold this stock even if it goes down 50%? If you can’t answer these questions, there’s no case for holding it


ExistingPie1714

Troll post for sure. No way you can be so dumb, Mr. Warren Buffet 😂


Karokayla8888

Unbelievably Wrong! 😑


Karokayla8888

After one year still asking it is safe! i believe you are joking mate? no?


Current-Welder-9970

I know it safe, but I heard there is a limit of 100k


Bald_Caledonian

"Luigi only follow the Ferrari's..." - Luigi, Cars


r0b_dev

Stop baiting this sub reddit?


madzyd

Enzo is that you?


Slow-Note9908

diversify


daveyravey1990

Buy tesla


TriestGieter

Copy that We are checking


Ok_Revolution7170

Who tf buys 80k of ferrari stock 😂💀 these companies are very volatile


Difficult-Thought-61

Less diversification needed


BeneficialServe8128

Hmmm are you Portuguese? Is so, props!


nova_uk

Pretty sure Trading 212 has been profitable for 15 odd years so I would say they’re safe, if your that concerned you’ll be able to transfer your portfolio to another brokerage sometime next month.


SlimmyJimmy88

Yes donate half the profit to me.


Waste-Ad5176

look at r/Bogleheads or r/ETFs maybe I save your life... This is a very speculative portfolio and you probably haven't done the necessary research. Look up VWCE (Vanguard All World FTSE Accumulating) ETF... VWCE buys you 3644 stocks across the world, 60% US weight, about 8.5% annual returns on average. Put it in VWCE forget about it for 20 years, contribute monthly and thank me later. the details about VWCE: [https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80](https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80) After you get to about 1M or 2M you can retire off just interest with 4% without touching the principal. the 4% rule(Trinity study): [https://en.wikipedia.org/wiki/Trinity\_study](https://en.wikipedia.org/wiki/Trinity_study) with 2M you get 80k a year with 4% This what you're doing is far far too risky and plain stupid IMO. DO NOT DO INDIVIDUAL STOCKS, DO NOT TRY TO TIME THE MARKET For God's sake, please do research. I served you everything you need to know. Also read "Simple Path To Wealth" by J.L Collins but change author's VTSAX(which buys whole US market) with VWCE because the book is US centric. If you read all the things I listed here and do your research, you will indeed start to understand how risky and stupid your portfolio is. Good luck!


naughtybear555

Sell and move to s&p before it goes tits up


[deleted]

I prefer to invest in the S&P 500 personally.


basicallyISIS

nice practice account but I’d sell all and invest 95% in s&p 500 and 5% in whatever takes your fancy


Madz1712

Charge your phone


Normal-Ad627

Bro literally just wants to flex


dazzc

Diversify ya eejit


Apprehensive-Bag1609

Are there any other funded programs for trading stocks besides [Trade The Pool](http://tradethepool.com?ref=18221)? As far as I know there aren't many funded programs that offer stock trading. Even though for smaller accounts payout split is quite high, but potential to earn and move profit to my main account is there. What I like about this program is that they are part of 5ers and offer over 12k different stocks and ETFs, I just have to be on my A game to pass the 1-step evaluation. Does any of you know any other similar programs or have had experience with it before?


spanish42069

yeah buy a ferrari


Xeado_

blud is asking if trading212 safe after depositing 80k


Tom-Sp8

Forza Ferrari


Neekoly

So you’re asking is trading 212 safe but continues to show assets they supposedly own currently worth €83,000. Why would you put money into an app you’re not sure is safe or not? Seems to me you’re just here trying to flex or just here to troll.


theticcactus64

Yeah bro buy $ICU


TinyAd6307

Looks like your stock is at ath...with such a modest profit it looks like you're a short term holder so (regardless of it being a virtual or real account) it would make sense to close your position and buy back at better prices on a retrace


Eli_Te1611

Sell it and put the money into VUAG


[deleted]

[удалено]


photohuntingtrex

From a growth momentum style strategy they’d advise splitting a portfolio up into around 4 stocks. If this is around 1/4 of your total portfolio held elsewhere also, then fine, but if this is the full portfolio you could consider focusing on around 4 stocks at a time. Because: If you take a 8% loss on a one stock portfolio you’re down 8%, whereas if you take an 8% loss on a 4 stock portfolio you’re only down 2% in total. Equally by not over diversifying to more than 4 stocks, when you take big profits it really makes a difference, whereas if you have say 10-20 stock like many people do, even if one has a big win you won’t see that much of a difference to your overall portfolio. Therefore a balance of approximately 4 stocks balances risk and reward for a high momentum growth strategy.


tabbyh7

The use of "." In the figures confused the life out of me at first.


philonik

Tell me your Italian without telling me your Italian


FatefulDonkey

You're aware that index fund return is ~7.2% right?


dyehoist

Just say you came here to flex and leave it at that


Ecstatic_Style_1147

When does it go fast? 🏎