Moin,
The fifth month of the year is now over. A few things have happened again that are throwing my finances into disarray. I'm starting to fear that I won't be able to reach my goal and that I'll even stagnate. But more on that later. For now, let's take a look at the performance as usual.
📈 Performance:
S&P500: +9.50%
MSCI World: +8.00%
DAX: +7.10%
Dividend portfolio: +3.94%
My high and low performers in March were (top/flop 3):
🟢 ($CSCO (-3.38%) ) Cisco System +32.18%
🟢 ($LLY (-1.07%) ) Eli Lilly +18.93%
🟢 ($TXN (-0.18%) ) Texas Instruments +12.84
🔴 ($PEP (+1.18%) ) Pepsi -8.31%
🔴 ($TSCO (-0.8%) ) Tractor Supply -9.25%
🔴 ($PETR4 (-1.75%) ) Petroleo Brasileiro -12.25%
Dividends:
May 2026: €348.79
May 2025: € 369.70
Change: -5.66%
The dividend from E.On came in April this year, and I also paid capital gains tax on the dividend from Allianz. This is how this difference came about. On a gross basis, there was an increase of 3.54% compared to the previous year.
Sales:
🟥 None
Purchases:
🟩 3x Procter & Gamble ($PG (+1.94%) )
Savings plans:
($CTAS (+3.49%) ) Cintas (50€)
($MC (+1.78%) ) LVMH (50€)
($MSFT (-1.7%) ) Microsoft (25€)
What else has happened?
As I mentioned at the beginning, a few things happened in May that threw my financial planning into disarray. First of all, the first bill for the photovoltaic system arrived, which needs to be paid. That was planned. So far so good.
My laptop broke down, so I had to get a new one. That wasn't planned and has hit me again.
The new-build discounts for buildings insurance are now gradually disappearing, which is why the premium here is another €120 higher than usual. However, I didn't just plan for this, but also for the direct debit to come at all. Well, that's just the way it is with direct debits that only come once a year.
I've also submitted my tax return and we now have to pay €1,200 in arrears (income from my wife's self-employment).
However, the photovoltaic system won't be connected until the end of June, which is why the final bill won't arrive until July. So I might be able to pay for the system without having to pay off the loan. So everything will work out and I'm not worried that something might not be right. The money is there, I just don't want it. But as it is, this kind of thing really throws your finances into disarray and the additional expenses (building insurance and laptop) mean you have to save up extra money. My hope of investing fully again from April was already gone anyway. But now I'll probably spend the whole year building up a nest egg again, which will cost me another year's investment. So I don't know how much more I can invest.
My pension portfolio has currently been reduced from €650 to €500. This is also something I didn't want to do but is now unavoidable. However, the €500 will definitely continue to flow.
🥅 Goals for 2026:
I'm trying to reach €85,000 in my dividend portfolio this year. I'm currently at around €78,500 and, at least in theory, everything is still possible. I still have the dividends to reinvest. Pure price appreciation would still be 8%. So that's rather unrealistic. However, by reinvesting the dividends + share price increase, it is definitely feasible.
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