Depot review November 2023 - When (stock market) Santa Claus got the month wrong and gave us the first green month since July 🚀🎅🎄
After the last 3 months closed with a negative sign, November ignited the turbo and gave me the third best month since 2021 (only July 22 and November 21 were even stronger).
In total, November was a strong +7,1%! If you think about it, that's an average MSCI World annual performance. In total, this corresponds to price gains of over €15,000.
In the current year, my performance is therefore +20,2% and was able to widen the gap to my benchmark, the MSCI World, again (+15.8%). As at October, my portfolio was still exactly on a par with the MSCI World at +12.2%.
Tech stocks were the main winners in November, no doubt fueled by inflation data and interest rate expectations. At the top of the list with gains of over €1,000 each were the shares of Palo Alto Networks $PANW NVIDIA $NVDA and Crowdstrike $CRWD In percentage terms, two of my absolute loser stocks, Block $SQ and Shopify $SHOP with +50% each.
On the losers' side, there was actually almost nothing in November, only Lockheed $LMT and Sea $SE recorded price losses of over €100.
In total, I bought in November for ~2.500€ in total.
In total, my portfolio now stands at ~241.000€. This corresponds to an absolute growth of ~€63,000 in the current year 2023. ~35.000€ of this comes from price increases, ~2.200€ from dividends / interest and ~25.000€ from additional investments.
Despite the extremely strong November, there is still a shortfall of almost €11,000 in price gains to make up for the ~€46,000 price losses from 2022.
Dividend:
- Dividends in November were +31% above the previous year at ~€135
- In the current year, dividends after 11 months are +24% over the first 9 months of 2022 at ~2.000€. In addition there was ~€150 in interest
- In total, after 11 months, my dividends are already ~€150 higher than the entire previous year - and another ~€300 in dividends will be paid out in December
-> My dividend income will therefore be around a quarter higher than in the previous year
Purchases & sales:
- I bought in November for approx. 2.500€
- As always, my savings plans were executed:
- Blue ChipsAlimentation CoucheTard $ATD Alphabet $GOOG Amgen $AMGN Caterpillar $CAT Hershey $HSY Johnson & Johnson $JNJ Procter & Gamble $PG S&P Global $SPGI TSMC $TSM
- GrowthBechtle $BC8 Palo Alto Networks $PANW
- ETFsMSCI World $XDWD Nikkei 225 $XDJP Invesco MSCI China All-Shares $MCHS and the WisdomTree Global Quality Dividend Growth $GGRP
- CryptoBitcoin $BTC and Ethereum $ETH
- Sales there were none in November
As hoped for in my October review post, we are currently seeing an extremely strong year-end rally. With further deposits in December, a December performance of just over 2% would be enough to reach the 250.000€ by the end of the year!
That would be a really strong performance, as my year-end target for 2023 was €220,000 and €240,000 in the best-case scenario.
In December, however, it's also time to look ahead to my plans for 2024. And for 2024, I've made a completely new commitment for the first time, namely to consciously reduce my monthly savings rate.
I would like to use a quote from Charlie Munger (RIP) in relation to the first 100,000 assets:
"It's a bit**, but you gotta do it. I don't care what you have to do - if it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a little bit."
In fact, by the time I was 30, I had already built up a fortune of well over €200,000. And fortunately without having to walk everywhere or use coupons, as mentioned in the quote.
Nevertheless, from 2024 I would like to treat myself to the luxury of setting aside part of my previous savings rate each month for the much-maligned lifestyle inflation inflation. Take a short trip more often, go to a concert, eat out...
I've never been a frugalist either, but instead of investing €2,500 per month in my portfolio, €2,200 per month might be enough. 300 are then transferred to a "fu** you money" account for whatever you want to use it for.
Otherwise, my securities account will be carefully reviewed in December: which shares will be sold in 2024? What will my savings plans look like from January?
Potential candidates on my watch list for 2024 include the following two:
The Munich Re as one of the few really very strong shares from Germany and Hermesas an even more luxurious alternative to LVMH.
Also a Pepsiwhich I have had in my portfolio for a long time, may be added as a savings plan.
What are your plans for 2024?
