Many ways lead to God, one goes through the discounter. At 14, I wanted nothing more than a PC. In 1997 Aldi launched the first folk computer. Queues of people at dawn, in a branch in Rielasing-Worblingen, a man pulled out a start pistol while fighting for the last computer. I could understand that at the time, only I had no firearm.
My weapon was god. Confession of Faith, Lord's Prayer, handing out a parish letter - after two years in the headlock of the Evangelical Church, there was a promise: If the relatives were donable at the confirmation, it would be enough for the Aldi PC. My parents had another idea. The new religion was called New Economy and my father was a believer from the very beginning.
The "T-Share" was a promise on the threshold of the new millennium, a kind of magical increase in money. Der Spiegel calculated for Deutsche Telekom's IPO in 1996: "So far, seven marks a month have been spent on bananas in Germany, but only 1.22 on shares." To change that, actor Manfred Krug - personalized shirt sleeves - became the testimonial of a large-scale PR campaign. My parents were convinced that the boy shouldn't spend his time on the computer. Better to do something "reasonable" with the money. The confirmation coal flowed into the telecommunications group.
"10 reasons why Wirecard shares should now be on the slip"
The dotcom bubble burst and the T-share crashed in 2002 to under ten euros. I was healed for almost two decades. Shares - that's for people with too much money. I sold it when I didn't have one again. To a fraction of the confirmation coal. I would leave that in the future. I thought.
Then Corona came. And boredom with the virus. Orders have been postponed or canceled. I had too much time and a little money in my account. My brother - more business-minded than I - advised me to overcome the "T-trauma" and invest my money. Who - especially as a freelancer - does not want to become poor in old age should invest in shares. A thesis that politicians like Friedrich Merz and Christian Lindner also advocate. My brother had a tip: Wirecard.
From Germany - the country of cash fetishists - comes a fintech that is becoming a global player in a huge growth market. Wirecard has been the star of the Dax since 2008. I plunged into a world of charts, course analysis and ad hoc announcements. My Twitter timeline changed, YouTube suggested videos with titles like "10 reasons why you should have the Wirecard share now". I bought 66 shares of Fintech for just under 120 euros each.
In my calendar, dates popped up: "Tomorrow: Wirecard2019 numbers". I called my brother. We agreed: good financial statements and the rally is starting. But the numbers didn't come. Instead, a KPMG report, which should alleviate all allegations, but ended up leaving more question marks than answers. I slid deeper and deeper into the rabbit hole of financial reporting. Self-proclaimed stock market experts, whom I hadn't even bought a used car before, now gave me hope.