Warum Anleger Kursschwankungen öfter ignorieren sollten

The key to success on the stock market is not reacting to short-term fluctuations, but rather a well-thought-out, long-term investment strategy, explains portfolio manager Stefan Schrader. He explains on wO TV that the true value of a portfolio lies not in daily price movements, but in the company shares that investors hold. These remain stable, regardless of short-term fluctuations. Warren Buffett's advice to only buy a company if you can hold it for at least ten years underscores the importance of a long-term perspective. Emotional reactions to price fluctuations lead to poor decisions, as investors often think in black-and-white terms – "buy or sell" – instead of investing for the long term. Schrader points to the danger of excessive impulsiveness, which is amplified by the media landscape and the gamification of trading. For long-term success, Schrader recommends investing in multi-asset strategies. These offer a stable balance between different asset classes and provide protection against market volatility. Especially in times of low inflation and low interest rates, he advises broader diversification, including into commodities and emerging markets. These investments offer not only security but also potential returns when traditional stock markets appear expensive.