After a long time of active trading and many reallocations, I would like to share my current portfolio transparently with you and deliberately collect feedback / discussions from the community :) (so ready for a qualified roast)

I originally come from the "active" corner with many certificates, warrants and tactical trades - some very successful, some with total losses. Over time, I've realized that although you can land some strong individual hits, the long-term capital allocation and structure of the portfolio is ultimately decisive.

I am therefore currently trying to realign my portfolio:

On the one hand, to continue to take advantage of opportunities for above-average returns, but on the other hand to finally build up a stable ETF/fund base.

My basic assumptions about the market at the moment:

• Many large tech stocks still look ambitiously valued or overheated to me
• In the medium term, I expect rotation rather than a linear "everything continues to rise" trend

That's why my portfolio currently looks a little unusual:

• large positions as a basis in AI & biotech funds, which currently have paused savings plans (due to overheating) ($KJGJC0 (-0.4%) & $DWWD (-0.72%) )
• plus turnaround bets such as Nike or Pernod Ricard (many repeat purchases, now a bit of a stomach ache) ($NKE (-1.74%) / $RI (-1.83%) )
• Macro/future themes such as copper, rare earths or quantum computing (under construction) ($ARU (-0.24%) , $COPA (-0.6%) , $QNTM (-0.17%) , $WSML (-0.22%) )
• and occasionally leveraged products and software stocks ($MSFT (+3.25%) , $SAP (+2.94%) , $NOW (+11.36%) , $MC (-0.66%) ,...)

My goal now is to build up the whole thing in a cleaner and more structured way and finally set my sights on the 100k.

I have about €2,000 per month available to invest and would like to use it to

• build up a strong ETF/fund base
• but at the same time consciously make individual high-conviction bets
• and significantly scale my portfolio in the long term

What suggestions / recommendations do you have for me with regard to further ETFs or individual positions?

I am also happy to receive critical feedback or counterarguments to my theses. That's exactly why I'm sharing the portfolio here 🙂