2D·

Introduction of myself & feedback on my dividend portfolio

Dear GQ Community,

After reading along here quietly and secretly for a few months now, I would finally like to take the step and introduce myself.

I'm 36, live in Munich with my wife and our 4-year-old twins and work as a cost engineer. Family comes first for me, but I also try to find time for sport and voluntary work - which, as you can imagine, is not always easy.

My goal is to build up a portfolio that will generate a steadily growing passive income for me in the long term. In the medium term, I would like to be able to reduce my working hours so that I have more time for hobbies and, above all, my family.

I currently invest around €1,300 a month in various ETFs via a savings plan. The weighting can be easily derived from the size of the respective positions in the portfolio.

In addition, I occasionally invest in individual shares outside the savings plans if there is money left over or a few dividends have accumulated.

In the portfolio, the high proportion of RWE $RWE (+0.78%) and E.ON $EOAN (-0.23%) probably catch the eye. I bought these positions over 10 years ago at the time of the nuclear fuel tax and the nuclear phase-out. They were among my very first investments, so I am somehow attached to the stocks, even if the high weighting is not exactly optimal.

Due to my job, family, voluntary work and sport, I often don't have the time to play an active role here.

From @Dividendenopi and @SAUgut777 I already know that they have a clear focus on dividend stocks. But I look forward to any suggestions and discussions.

Thank you and best regards

Andy

27Positions

€196,847.93

45.47%

8 Comments

Wealth-Accelerator@Wealth-Accelerator

Keep up the good work!
Did you deliberately choose the broad market FTSE All-World?
With your structure I would have expected the High Dividend Yield.

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Andy@ZwillingsDad

@Wealth-Accelerator Thank you.
The idea behind it was to also indirectly have Apple, Nvidia and whatever they are all called in the portfolio.

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Wealth-Accelerator@Wealth-Accelerator

@ZwillingsDad
Then it fits 👍🏼

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Julian@MoneyISnotREAL

What is a "cost engineer" and what honorary position do you hold?

I know all about volunteering myself. As a volunteer paramedic, the weekends are sometimes over faster than you can blink 😂 But I really enjoy it, I get to experience a lot and it's a great contrast to my technical job.

So I would sell Mondolez, that would make the whole depot green 😂😂

➡️ RWE / EON:
The performance of both stocks has been good recently, so they have continued to grow in your portfolio. You could, for example, tell yourself that no single share should have >10% in your portfolio, i.e. trim RWE by 6%.
This means you still have the investment but reduce the risk. You can then invest the profits in your ETFs and push ahead with the "booster" there.

➡️ For the ETFs:
Apart from the FTSE, you have 8 other ETFs in your portfolio.

* Do you believe in the healthcare sector bet? I don't think this sector will outperform in the long term. Maybe in the short term. I would therefore consider an exit scenario (short/medium term) and realize profits.

I think it's good that you have $VWRL in your portfolio so that you can also benefit from the "growth" stocks. Over time, this ETF will also pay a nice dividend with its 1.5% payout ratio.

Apart from that, I think your portfolio is well organized, no single stock (except RWE) stands out in terms of weighting. As you write, your time is mainly tied up in life, so you can't deal so intensively with individual stocks. ETFs are a great alternative for this 💪

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Andy@ZwillingsDad

@MoneyISnotREAL
Cost Engineer is basically the same as cost analysis or calculation. Parts price, tools, etc.
And voluntary work is a bit different to you. I'm a section leader and treasurer at a sports club and also on the parents' council.

To your comments:
- I've already had the same thoughts about reallocating a portion of RWE.
- With ETFs, the idea is to diversify into regions and sectors. A nice side effect is that dividends flow every month. With healthcare, I don't believe in the hype with the weight loss injections etc. but in the research and successes with topics such as cancer etc.

Thanks for your feedback and advice

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Julian@MoneyISnotREAL

@ZwillingsDad Exciting, learned something again. I had never read or heard of Cost-Engineer before.

That's great about the sports club! Especially the finances/cashier is not so trivial there and if someone from the profession brings expertise from the field. 💪

I'd love to! Thanks for your introduction.

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Dividendenopi👴@Dividendenopi

I like. The daily performance is almost the same for me, HSBC and Hoegh are driving 🚀😇. I'd also like to have utilities in my portfolio, but the holding period will shift the weighting accordingly, so what. And in terms of risk, more capital will most likely flow in this direction in the near future. And RWE in particular is playing first fiddle in base load power plants and is also trying to drive the government in front of it at the moment, so there is still some potential there. The rest is also running and you have been invested long enough to know a corresponding risk agent. In my opinion, adjusting the high weighting would not bring anything except taxes. You need alternatives that I don't see at the moment in order to achieve appropriate performance. Ok, you can take out Mondelez and thus silver a small part of RWE and continue to invest in ETFS or expand another promising position or you put the capital into a new stock in an underweighted sector. But these are mind games and, in my view, there is little pressure to act at the moment.

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Andy@ZwillingsDad

@Dividendenopi Thank you for your assessment. That goes down like oil.
It's really very reassuring to read that most people here find my compilation coherent and solid.

And I would never have dreamed of this annual performance so far. The goal was to break 200k by the middle of the year. That it's already done today. Simply amazing.

Best regards
Andy

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