Review March 2026

Hello everyone,

here is my review for March. Even really early this time.

📈 Performance:

S&P500: -3.9%

MSCI World: -4.8%

DAX: -10.3%

Dividend portfolio: -5.9%

My high and low performers in March were (top/flop 3):

🟢 ($PETR4 (+1.7%) ) Petroleo Brasileiro +19.38%

🟢 ($ADM (+2.13%) ) Archer Daniels +10.98%

🟢 ($GAIN (+1.37%) ) Gladstone Invest +4.08%

🔴 ($CTAS (+1.85%) ) Cintas -13.88%

🔴 ($MC (+0.23%) ) LVMH -14.49%%

🔴 ($ULVR (-0.44%) ) Unilever -18.70%

Dividends:

March 2026: €178.82

March 2025: € 182.98

Change: -2.27%

This change is partly due to the fact that the USD exchange rate is still worse than last year. In addition, Imperial Brands also paid a significantly higher dividend last year (I think it was a special dividend). Otherwise, Unilever only pays in April and STAG has also switched to quarterly distributions, so that nothing was paid in March either.

Sales:

🟥 None

Purchases:

🟩 SIXT ($SIX2 (+1.68%) )

🟩 Ferrari ($RACE (-1.11%) )

Savings plans:

($CTAS (+1.85%) ) Cintas (50€)

($MC (+0.23%) ) LVMH (50€)

($MSFT (+1.54%) ) Microsoft (25€)

The sale of Lockheed Martin in February was fairly neutral from a purely price perspective. Lockheed has neither risen nor fallen significantly. So far, I have no regrets about the sale (although the dividend for March is now missing, of course).

What else has happened?

March was pretty up and down. In terms of performance, this was one of the worst months ever for me. The only worse month for me was September 2022 with -6.3%.

The nest egg continues to grow and, as I said, it will be fully built up in April. But I may have to work on it again. At the moment, I'm thinking about a photovoltaic system. With an almost new build, heat pump, hybrid and purely electric car, the advantages are obvious. The roof is south-facing. So I would benefit fully. The only question is how to finance it. Do I need the money that is earmarked for the loan repayment in 5 years? 100% financing from the bank? At the moment I've sent out a few requests for quotations.

My Payback points were stolen in February. 12995 points were used for a payment at DM. Well, I just hadn't activated the 2FA. Stupid myself. I wrote about it in last month's report. In fact, the Payback points were credited back to me by DM at the beginning of March. I don't know whether this was a scam or whether Payback did something because of my call. I only saw it by chance and of course had everything paid out directly to my account. Lesson learned - I will rebook more often in future.

🥅 Goals for 2026:

I'm trying to reach €85,000 in my dividend portfolio this year. This is to be achieved through dividends, deposits and, of course, share price increases. Let's see how things look at the end of the year, as the first quarter was rather sluggish. I'll have to make up for that over the course of the year.

Anyone who liked the report and would like to read more is welcome to follow me,

If you're not interested, you can keep scrolling or use the block function.

AI sagt@GoDividend

15H

Investing in the future
I would do it

•

Ella M.@DividendenWaschbaer

@GoDividend Yes, it also depends a little on the costs. Depending on how expensive it is, the question is whether it's worth financing or paying cash, and the question is also how much it really saves me. But I'm also leaning towards yes.

••

GHF@GHF

10H

@DividendenWaschbaer I produced 7 MWh of electricity in 2025, 53% of which I consumed myself.
I consumed a total of 10.4 MWh, 36% of which I produced myself and the rest from the grid.
... for little number games ;-)

13H

I put a photovoltaic system on my roof three years ago, it's definitely worth it. With your power consumption, you should look for a larger battery. I was recommended a smaller battery, which I now regret.

I paid cash because financing destroys the return. Renting is not worth it at all.
It depends on what kind of loan you want to pay off in five years and what the interest rate on the loan would be compared to financing a photovoltaic system today.

Just do it

11H

@GHF Thanks for the feedback. I don't have an offer yet, but I was thinking of a 12kW battery, but at least 10kW.

The loan interest rate for repayment would be the home loan. This is currently at 0.75% (kfW). But it will then also be somewhere between 3.5 and 5% in 5 years. But who knows where the interest rate will go. The money that I would now put into photovoltaics will then be missing from the loan repayment. The aim is actually to pay off this loan completely so that I don't have to extend it.

What size battery do you have?

@DividendenWaschbaer ok, your fixed interest rate expires, I didn't realize that before.
Ultimately, photovoltaics amS is a good decision, as it reduces the monthly costs. I don't think the effect is so great for the heat pump (virtually no solar yield from Nov to Feb), but with 1.5 electric cars and household electricity, you can save quite a bit.
If you also have a few smart household appliances, all the better.
On the recommendation of our installer, we only installed a 5 kW storage system due to our electricity consumption at the time. I have no idea how expensive the storage prices are at the moment, but I would tend towards at least 10 kW, preferably 15 kW.

@DividendenWaschbaer also make sure that the photovoltaic system can be networked with other devices (heat pump, electric car, dryer, etc.) in order to use the electricity intelligently.
Mine can't do that, I have solved this via my electricity provider. But if your own system can do that, you're more flexible.

@GHF Great, many thanks for the tips. I made a note of it straight away.

TradingHase@TradingHase

Yes, lvmh is also one of the losers for me. But this is also an absolute long-term position for me and I'm relaxed about it right now.