14H·

Inspiration needed

Hello everyone,

I have cleaned up my portfolio a bit and trimmed it to 30 positions (please ignore the very small positions, it is more expensive to sell them than to keep them). The different ETFs on msci, msci em, dax and NASDAQ are due to historical reasons (sub. Deposits, change from synth. To physical replication, too many taxes with complete change). At the end of the year I will sell the 2 DWS old funds and then have the tax refunded promptly --> grandfathering. I just don't know where to switch to.

I am currently saving:

$TDIV (-0.31%) 250/m

$IWDA (+0.23%) 600/m

$IEMA (+1.5%) 250/m

$EQAC (+0.56%) 250/m

$ALV (-0.99%) 50/w

$KO (-0.9%) 50/w

$PEP (-0.56%) 50/w

$UNH (-0.31%) 50/w

$V (-1.1%) 50/w

$ULVR (-0.63%) 50/w

And I reinvest the dividends from $O (+0.61%) and $MAIN (+0%) monthly

I try to have all positions that I want to hold long-term at 2-4 percent (exceptions: ETFs, $EWG2 (+1.54%) and $BRK.B (-0.31%) )

At the moment semiconductors ($AMD (+8.69%)
$PLTR (-0.27%)
$MU (+1.41%) and $MPWR (+4.22%) ) are my "yield positions", which I would like to sell if the price continues to rise.

But at the moment I'm lacking inspiration. What is my portfolio missing in the long term? Which themes could I "play" to achieve short-term returns. Or just leave everything as it is.

I would be grateful for any opinions.

Greetings 👋

38Positions

€453,732.59

49.26%

14 Comments

Alexander L.@Qheherain

12H

If you are interested in dividends, I would invest more in the UK, Germany and Australia - at least if the US stocks only pay a 3-4% dividend. 15% is always lost in taxes, so you can also take reasonably good, cheap stocks such as telecoms etc. that have similar dividends - without any taxes. In fact, "growth" stocks with 3-4% dividends (e.g. Linde, Allianz, Siemens) - general insurance companies and utilities - are both quite stable in price and have good dividends. In my view, such shares have a better overall return in the long term.

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Alexander L.@Qheherain

12H

One thing I would like to note: RIO Tinto PLC is the worse variant, it looks "cheaper" with 0.5% more dividend, but is also the more price unstable version (10% higher volatility than the parent stock). YTD the PLC had -18% loss, the Ltd. version -7% loss. There are perennial reasons for this. 1. although PLC is bought in sterling in the UK, the shares themselves are traded internationally in dollars. We therefore buy them in two currencies against the euro. 2. the PLC variant is mainly included in etfs, which means that a smaller contingent is available for the private buyer. At the same time, "large" additional purchases are only made during the quarterly reallocations of etfs, resulting in a rather sluggish price change. In addition, the PLC variant is subject to different international trading hours and therefore reacts more slowly to market situations.

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Kreon@Kreon

12H

@Qheherain Thanks, that was new to me. I'll have to look into it. Overall, I'm more interested in dividends. I try to hold solid companies like Allianz and Walmart Cola for the long term. Profit realizations (e.g. partial sale of Palantir) are then reallocated to more solid stocks

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Kai@Dividenden-Sammler

12H

@Qheherain I would not subscribe to that. WITH US securities you have a tax advantage as an investor in Germany (if you are above the tax-free amount) compared to securities from 🇬🇧 or 🇩🇪 .

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Alexander L.@Qheherain

12H

@Kreon. Everyone here has a different strategy, but your portfolio looks good. I personally weight individual stocks according to "continents". I try to hold 30% USA/Latin America, 30% Europe and 30% Asia/Foreign Asia in order to achieve a certain stability against currency fluctuations and political turmoil.

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Kreon@Kreon

12H

@Qheherain I'm also trying to bring in structure bit by bit. It's just stupid to buy blindly at the beginning. I've slowly got the number and size of positions under control. Diversification is also slowly coming along. It took me a long time to realize that too much speculation doesn't help with increasing volume. A 5000€ position that doubles in size also makes up "only" 1% of the portfolio. You have to think about where you want to take which risk, or where you have to take any risk at all.

And putting up with volatility is difficult anyway, I had 100,000 less portfolio value in April thanks to Trump....ince then I like stability :-)

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Max@Divident_e

11H

Mega. Finally a portfolio that goes back a very long time and where you can see various crashes. One of the best here!

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Kreon@Kreon

11H

@Divident_e staying power pays off!

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aminemeskni@Aminmeskini

14H

I have two questions: have you really been on the stock market since 1995? And is the 4 per year return correct?

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HyperX@AxoWallStreet

13H

@Aminmeskini his portfolio only seems to have made a profit/loss from 1999 onwards. So no will not be correct.

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Kreon@Kreon

13H

@Aminmeskini @AxoWallStreet Yes, these are the DWS funds that my dad invested for me. Really active since 2020. And I think the return at getquin is distorted because all the savings plans are not included in the history. From 31.12.2024 everything is 100% correct

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aminemeskni@Aminmeskini

13H

How old are you? Do you need the dividend now

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Kreon@Kreon

13H

44. don't need the dividend at the moment, but have slowly started to think about retirement. Forecast for 2026 is €5,000 (net) dividend, so not too much either, just over 1%

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aminemeskni@Aminmeskini

12H

@Kreon I am of the opinion that if you have more than 10 years, don't pay attention to the dividend but to total return. In general, if you underperform the market for a few years (2-4), then it makes more sense to buy the market. Nevertheless, I think you have a solid portfolio.

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