My Second Month of Investing: Why I Chose Uber and Lyft

My Second Month of Investing: Why I Chose Uber and Lyft

My second month of my investing journey is behind me, and I have to say I’m gradually getting used to the process. Every month I have one simple goal: invest at least €100 into stocks and index funds. No complex strategies—just discipline and consistency.

This month, I decided to take a small step toward diversification. I looked at different sectors, and in the end, I was most interested in the world of mobility and modern technology. The result? My portfolio now includes shares of Uber and Lyft.

Why these companies?

Honestly, I believe the way people move around cities is still changing. Shared transportation, app-based services, less car ownership—all of these are trends that are likely here to stay. And Uber and Lyft are two of the strongest players in this space.

Uber stands out as a global leader with a diversified model that goes beyond ride-hailing, including delivery and logistics. Lyft, on the other hand, is more focused on the North American market and represents a more concentrated bet on ride-sharing in the US and Canada.

Risks and reality

Of course, I’m aware of the risks. This sector is highly competitive, and both companies are still working toward consistent profitability. But that’s exactly why I see this as a long-term game—I invest regularly and don’t try to time the market.

Staying consistent

My strategy remains the same: invest every month, gradually expand my portfolio, and stick to the plan. It may not be the fastest path to wealth, but I believe it’s the more rational one.