Hello GQ community!
I would like to introduce you to my portfolio today and will share regular updates.
💡 My path to building wealth:
After a long period of hesitation and due to the high inflation after the pandemic, I decided to finally invest in ETFs and individual shares. It was frightening to see how my hard-earned savings in my call money account were melting away. So I decided to actively do something about it.
🚧 Portfolio building:
- Core Satellite: The ETF core consists of the MSCI ACWI $ISAC (+1.14%) and the STOXX Europe 600 $n/a (+1.4%)
- Satellites: Focus on dividend stocks, currently limited to a maximum of 8-10 positions.
📊 Strategy:
- Buy and hold: The core remains untouched, while the satellites are bought and actively traded when valuations are favorable.
⏳ Investment horizon:
- Long-term: until retirement, i.e. around 25-30 years.
🏦 Nest egg:
- I keep 3 to 6 net monthly salaries as a safety reserve.
💰 Savings rate:
- Currently €1000 per month, 70% of which goes into the portfolio and 30% into the call money account for the nest egg. As soon as this is "filled", 100% of the savings rate is invested in the portfolio.
🎯 Goal:
- To close the pension gap and be in a better financial position.
📍 Next milestone:
✅⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️⬜️ 100.000€
📋 Milestones achieved:
🔒 2024-XX - €20,000
🏆 2024-06 - 15.000€
🏆 2024-01 - 10.000€
🏆 2023-11 - 5.000€
🤝 I look forward to sharing my journey with you and am excited to hear your comments and suggestions!
