Summer has begun, July is over. Summer at last. Because the weather had it all last month. It was cool and raining, not just the typical rain, but also a good dividend. It was as if a power station was releasing money into the sky that was raining down on us all. My figures clearly show why this fantasy is not so far-fetched. Time for a look back.
I present the following points for the month of June 2024:
1. equities
2. ETFs
3. distributions
4. cashback
5. p2p loans
6. crypto
7. donation
8. further thoughts
9. outlook
➡️ Shares
Wow! Once again, the top positions are rallying like there's no tomorrow.
With a fabulous +178%, my portfolio shines $AVGO (+1.3%) in my portfolio. That's another 30% more than in the previous month. The model student is not only the performance winner, but also the heavyweight in terms of portfolio volume among the individual stocks. I am looking forward to the upcoming stock split, as I assume that this will drive the share price up again, even if the share is trading at a P/E ratio of 70+. My "best flop stocks" have turned further negative again and are now at the bottom of the chain. $NKE (+3.29%) at the bottom of the chain. I am now using the share price weakness resulting from the profit warning to my own advantage by deliberately investing some reinvested dividends in the savings plan. I think the share will take a while and will now tend to return to the COVID level. However, there is no question that Nike is a strong brand, as I saw last Monday when I saw six pairs of Nike shoes standing outside the neighbors' door. They did a good job!
➡️ ETFs
There's not much to say about ETFs, except that they do what they're supposed to do. Stubbornly and steadily growing and throwing off a few thalers on the side. Last month in particular, they made a significant contribution to my record dividend with a 47% share, although they only account for 37.3% of the securities portfolio.
In general, I can recommend broadly diversified ETFs to anyone who wants to build up assets and another income stream. And it should be clear to everyone that this is not an option or a "can do", but a must because of the threat of poverty in old age.
➡️ Distributions
I was able to collect 31 distributions on 14 payout days in June. I am very grateful for that! This time, the large ETFs and the $VNA (-0.83%) were very important.
June was very strong in terms of dividends. Compared to the previous month, there were over 1.5 times more distributions. The same indicator compared to the same month last year, June 2023. In addition, it has already exceeded the entire 2nd year on the stock market by 1.7 to 1.8 times in dividends. Incidentally, I have been building up assets for 4 years and a month, even though my oldest old portfolio has existed for longer, before that it was only without holdings.
I am keeping a close eye on the development of dividends. Especially in the coming months, which will be poorer in dividends except for September and December. If I exceed my plan size of €80 several times, then I will pull this figure into reinvestments in the savings plans from dividends and will $UPS (+0.42%) into the savings plans. It's great when another savings plan is financed solely from returns. That puts you in a good mood! And it shows that patience and constant monthly investments in the capital market pay off in the long term.
➡️ Cashback
In June, I redeemed Payback points for €11 and put the equivalent value from my grocery account into a $SPYD (+1.39%) one-off savings plan. I prefer this method to having the points paid out. This way, I avoid spending more than planned or necessary.
➡️ P2P loans
With the exception of Bondora Go&Grow, there are no interest or redemption payments on any of the platforms. On EstateGuru, I was able to sell three out of four projects on the secondary market at a loss. I'd rather get the rest out and quickly ditch the platform before they come up with the idea of charging me the newly introduced fee. I have lost all confidence in this asset class. I will also liquidate Go & Grow as soon as all other platforms are history for me.
➡️ Crypto
Bitcoin must have run out of steam? No, we know that the payouts and sales of Mt. Gox $BTC (+0.7%) and that of the BKA from the seizure of movie2k (I think) are influencing the price here. Then there is the classic summer slump. If the incipient bull market is now over, then this asset class would also be in the garbage can for me. In any case, for me it almost is, because in the end this asset class does not yield any euros in a clearing account. Staking doesn't count either, because $ETH (+0.06%) I still can't pay any bills from inflows. I'm sticking to my strategy here and paying attention to the debt and crypto cycle.
The FED and the other central banks have to print money again. Why is that? Because in a cycle of 4 years, government debt falls due again and has to be repaid. To do this, the states have to take on new debt again, so they print money again by issuing bonds. That's what I mean when I talk about the money printing spree here at getquin and in X or threads. And where does this freshly printed money go? Into real assets, of course, including crypto. That's why the BTC price is rising so much. Again, this has nothing to do with the halving, as this event was priced in and was not a surprise. And in my opinion, you can play this cycle if you are in crypto, as an alternative to HODL. I'm doing it anyway and that's exactly why I'll gradually cash out when my desired prices are reached. I won't hit the top anyway, but I'll go home with a profit. The proceeds then flow into dividend-paying shares and I use their dividends in the next bear market to gradually build up my holdings again. At some point, this will also be over, as the increases in #btc in the bull market become weaker and weaker. However, the system described is not investment advice, but only my layman's assessment; I could be completely wrong! Do your own research.
➡️ Donation
I donated a small part of my tax refund to Wilde Wälder gGmbH. This project appealed to me because, to put it simply, it buys up or auctions forest areas to enable them to regenerate by leaving them to their own devices. As a passionate hiker, the forest is important to me, as I can really switch off in it far away from civilization. And there is certainly no question that we have too few forest areas.
I am not being paid for this information, I mention it out of conviction and I think you should take a look at the project. In my opinion, getting involved here is a real contribution to climate and forest protection, in contrast to sticking yourself to the streets or smearing paintings.
➡️ Further thoughts
The state pension is not secure, anyone who relies on it is doomed! I can't shout this out into the world often enough! The (equity) ETF and equity pension, on the other hand, are safe as long as you rely on the certainly boring but broadly diversified "bread and butter ETFs" and on stable and globally used companies. No themed ETFs, no gambler stocks or penny stocks! Numerous studies have shown this. All you have to do is invest stubbornly and steadily in the stock market on a broadly diversified basis every month over a long period of decades.
We all need to do our bit to make the average German realize how well suited broadly diversified ETFs and blue-chip shares are for retirement provision. After all, the average citizen is currently being bombarded by left-wing redistributionist ideology, which teaches them that shareholders are just rich people who are evil, responsible for everything bad and that society can no longer afford them. The image of the small shareholder who wants to plug his pension gap or the ordinary citizen who wants to build up another income stream does not exist among them. They only believe that the state will take care of them. And so citizens lose their own sense of responsibility for their own pension provision. My conclusion is that we can no longer afford the left, because they want to incapacitate citizens, make them lose their sense of personal responsibility and feed them with handouts from the state (such as citizens' income and UBI) in order to make them dependent on the state. But it doesn't work that way; the service providers who finance the state are increasingly fed up. And everything depends on them. They deserve more respect and recognition!
If everyone invested a broad spread of their salary each month, then poverty in old age would not be an issue! We simply have the wrong narrative in Germany and this is leading to the country's further decline. And the media are playing their part in this catastrophic development, expressed in the general media coverage and through statements by many celebrities who are financed by our GEZ contributions.
I want to make my contribution to a rethink here, so that people who are successful are not envied, but are asked how they can make it and what steps they need to take. And, of course, that you also tackle these, leave your comfort zone and grow beyond yourself.
➡️ Outlook
Some of the dividends from June have been left over. You can find out what I reinvested them in in next month's review. I wish you all a great summer!
Links:
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