Ingeborg Mootz – age is not a hindrance, but a great moment

The success story of the famous old woman Ingeberga Mootz is not just a historical fact, but another confirmation that to achieve success on the stock exchange, age and even experience do not matter, and the main thing is to set a goal and go towards it with leaps and bounds.

Today she is called the most honest investor in Germany, and these are not just laurels.

Just imagine, she managed to make money where everyone else was losing money, and she doesn’t have any insider information, but watches reports from regular newspapers and makes all her purchases through an old phone.

If you think about it, most pensioners at her age give up and live out their lives modestly, but Ingeborg Mootz managed to make money where people with specialized education, young and ambitious people lose.

Despite all her celebrity and phenomenal successes, Ingeborga Mootz's past life was very difficult. She was born and lives to this day in the small town of Giessen in Germany. Judging by her memories, the family had a lot of children, but very little money.

Recalling the interior of her house in those days, she describes it as something gray and uncomfortable, where paintings of deceased relatives hang on all the walls, and the decor itself immediately speaks of the difficult life of its residents.

When Ingeborg Mootz got married, she hoped that she would get out of this vicious circle of poverty, but everything happened exactly the opposite. No, of course, her husband earned enough, but he was so economical that if he was asked for a certain amount for purchases, he always gave half as much, and this was always accompanied by distrust and reproaches.

The most interesting thing is that the husband forbade Ingeborga Mootz to go to work, arguing that a woman should be a housewife, but at the same time did not provide her to the extent that she needed.

One day, the future speculator could not bear such protection from her husband from work and she boldly declared that if he did not let her go to work, she would start trading on the stock exchange. The husband took his wife’s zeal seriously and purchased shares, but never said anything about it.

After his death, Ingeborg Mootz, already in old age, sorted out her husband’s things and discovered shares of the German concern VEBA, the value of which exceeded 40 thousand German marks.

For her, this was a sign from above, and after holding the securities for another year, she sells them and earns 100 percent of the profit. Many would probably stop there, but for her it was the beginning and having her first capital, she begins to buy shares of Commerzbank and IKB and after another year manages to earn 130 percent of the profit.

Relatives, noticing the old woman’s success, begin to constantly ask her for advice on buying shares, and her niece directly asked for help earning money to buy a new house. Ingeborga easily responds to her niece’s request and together with her earns $100 thousand to buy a new house.

The most interesting thing is that she does not use a computer, but gets all the information she needs from the morning newspaper over a cup of tea, after which she gives orders to purchase the assets she needs over the telephone.

Trading strategy

If we talk about her strategy, she clearly relies on her intuition and works only with bank shares. One day, Ingeborga offered to sell shares of the famous bank to her colleagues. When they saw the tasty morsel, they were perplexed at the stupidity of the newcomer and immediately bought the entire package.

Imagine their faces when, less than six months later, the company’s shares plummeted in price, and Ingeborg came out unscathed, having earned a decent sum. When choosing stocks, she pays special attention to the size of dividends, since her main rule is to hold shares for at least one year, but no more than two.  

Also, her peculiarity is that she does not chase money, as she says, “I own shares, but not money,” so her main goal is to create a successful portfolio for a good life for paying dividends, and short-term changes in the price of shares are not at all important to her . Today, Ingeborga is actively trading, conducting various master classes for retirees and enjoying a rich life.