Edit: I don't think AI is over. But after such a long run of success in the AI sector , the market has now undergone a significant correction. A pullback of 10 to 20% is really just a blip in the portfolio for most of us long-time shareholders… but it’s not exactly nothing either.

Why all this, anyway?

There are concerns, based on the results of the midterms, there are fears that stricter AI regulations . On top of that, many investors—perhaps including you—are simply taking profits and reallocating their portfolios right now.

Whether you choose to do that yourself is , of course, based on their own investment case.

I think the midterms were the trigger, but not the actual cause. However, this shows quite clearly just how shaky the whole thing has become by now... in my opinion.

Things are just getting more turbulent up there. The Expectations are enormous. On top of that, there are other questions, such as whether there’s even enough electricity capacity will be available at all and whether the tech companies will be able to promises and forecasts in the long term.

I’m invested in tech myself, and the sector now accounts for a quite a large portion of my portfolio . I love tech… aka $MSFT (+1.13%) and $META (+3.1%) maybe even Accenture $ACN (-0.53%) —though Accenture’s stock has fallen precisely because of fears that AI could replace a large part of its business.

I’m not going to sell anyway. Especially not companies that are among the top 10 in the indices.

Still, I’m becoming a bit more thoughtful as the weeks go by. I’ve noticed that some defensive stocks during pullbacks
in the AI sector hold up significantly better. This is especially evident to those of you who have such companies in your portfolios.

Above all, “defensive” always sounds so boring. Yet, in addition to the classic defensive stocks, there are also many strong companies among us with strong business models, such as:

• McDonald’s $MCD (+1.08%)
• Coca-Cola $KO (+0.81%)
• JPMorgan $JPM (+0.08%)
• Walmart $WMT (-0.86%)
• Mastercard $MA (+0.17%)
• TK Maxx $TJX (-1.62%)
• Allianz $ALV (-2.56%)
• Berkshire Hathaway $BRK.B (+0.91%)
• Siemens $SIE (-2.83%)
• (Fun fact: You can see Siemens everywhere in rail facilities, not just on the trains themselves.)
• And and and... the list goes on

Everyone just has their own favorite companies in this world.

I got sidetracked… 😅

What I really wanted to ask is:

How do you assess the current situation in the AI market? 📉📈

I’m an investor just like you, and I just want to know how others are thinking and reacting… if you’re reacting at all…

Peace ✌🏽

Hi, everyone! 👋

I’m thinking about investing a total of 2,500 € in Allianz. My investment horizon is at least 20 years. I want to buy the stock and hold it for the long term.

Unfortunately, though, I’ve repeatedly missed the entry point in the past. The price has gotten ahead of me, and now I’m wondering what the best course of action would be.

I’m not trying to catch the absolute bottom. Still, I’d naturally like to avoid buying right before a major pullback.

How would you approach this right now?

My thoughts:

Buy right away: Invest the entire €2,500 at the current price and let it sit for the long term.

Buying in installments: For example, €1,000 now and the rest during potential pullbacks.

Wait for earnings: Wait for the quarterly results first, then decide.

Consistently wait for pullbacks: Set a buy limit at around €390 and only enter the position then.

I’d be particularly interested to hear how you’d approach this with an investment horizon of at least 20 years.

With a long-term investment, does it even make sense to wait for a pullback to, say, €390, or does that just make things unnecessarily difficult for yourself?

I look forward to hearing your thoughts 😊 $ALV (-2.56%)

Hello, dear GQ Community,

I'm currently putting together a dividend portfolio to save money with Trading 212.

What do you think shouldn’t be left out?

I was thinking of $WINC (+1.12%)
$ALV (-2.56%)
$V (+1.12%)
$PGR (-1.66%) and much more.

Hi everyone,

I'd like to hear your thoughts. This is about my investment portfolio.

$VWRL (+1.42%) : approx. €273,000 (+45%)

$TDIV (-0.37%) : approx. €117,000 (+20%)

$ALV (-2.56%) : approx. €29,000 (+65%)

$BTC (+0.04%) approx. 42k (+10%)

The situation: Over the next one to two years, I’d like to buy a property abroad for €300,000 to €350,000

using only my own funds. This means I’ll have to withdraw a large portion of my portfolio.

My dilemma: If I sell now, I might miss out on further price gains. If I stay invested and there’s a major market correction, the purchase could fall through in the worst-case scenario. I’ll have to pay taxes either way, so it’s really a question of timing.

I’m currently weighing these options:

1. Sell everything I need for the purchase now and park the funds in a money market account or money market ETF

2. Secure only a core holding ($ALV and $TDIV) and let the $VWRL run

3. Sell in stages, for example in three tranches by summer 2027

4. Stay invested with a fixed rule: sell at −15% or as soon as a specific property becomes available

5. Hedge using puts

Of course, I’d love to have the best of both worlds: a secure purchase without giving up too much return. I realize that doesn’t exist. I’m looking for the best compromise.

My questions for you:

• Who has faced the same decision, and how did you handle it?

• Would you do it the same way again today?

• Is there an option I’m overlooking?

Thank you all!

Here's the hot stuff from Allianz SE $ALV (-2.56%)
(ETR: ALV) H1 2026 Earnings Release:

🚀 Record-Breaking Operational Run & Asset Management Boost

Allianz SE $ALV pulled out all the stops in the second quarter and first half of 2026, underscoring its role as a European financial powerhouse. Operating profit remains the key growth driver across all core divisions:

Operating Profit: In Q2 2026, operating profit climbed by +10.6% to 4.9 billion EUR (H1 2026: 9.4 billion EUR, +8.6% YoY).

Total business volume: Business volume rose in Q2 to 45.6 billion EUR (+5.7% on an organic basis) or just under 98.6 billion EUR for the first half of the year as a whole.

Asset Management (PIMCO & AGI): The division delivered robust record net inflows from third parties and posted record operating results thanks to strong demand for bond and multi-asset strategies.

🔮 Margin shines & EPS surge

While Property & Casualty (P&C) remains disciplined despite natural disasters, the operating leverage is having a full impact on earnings per share:

Property and Casualty Insurance (P&C): The combined ratio improved to a rock-solid 91.4% (target range: 92–93%)—the lower the ratio, the more profitable the business.

Adjusted Net Income & EPS: Adjusted net income rose by +15.5% to 6.4 billion EUR. Adjusted earnings per share (EPS) soared by as much as +17.5% to 16.44 EUR .

🤖 Full-Year Forecast Solidified & Buyback Boost

Forecast confirmed: Management remains confident and continues to target an annual operating profit of 17.4 billion EUR (± 1.0 billion EUR) for the full year 2026.

Share Buyback & Balance Sheet Strength: With a Solvency II capital ratio of a rock-solid 225% (up from 218% in the previous year), Allianz is building substantial capital reserves. From the 2.5-billion-EUR share buyback program , 1.4 billion EUR had already been executed in the first half of the year.

⚡ 💡 Jack’s takeaway

No nonsense, no empty promises—Allianz delivers with cold, hard facts! While other insurers whine about natural disasters, Allianz is driving its combined ratio down to 91.4%, having PIMCO generate fresh client capital, and pumping massive shareholder value into investors’ portfolios through share buybacks. An adjusted EPS jump of +17.5% in the first half of the year, coupled with a solvency ratio of 225%, is no coincidence—it’s sheer execution power. That’s quality cash flow in its purest form for dividend hunters!

While many are trying their luck—or failing—with SpaceX and tech stocks, a “boring” stock is quietly and steadily climbing higher and higher: $ALV (-2.56%)

It’s already up over 12.5% since the start of the year and a whopping 23.6% over the past year, plus a substantial dividend of EUR 17.10—and likely around EUR 20 per share next year.

“Buy and hold” may be boring. But when you’ve seen an 115% increase in share price and your personal dividend yield has reached 10%, patience is certainly rewarded.

Do you have any suggestions for improvement?

ETF$MWRD (+1.31%) , Microsoft$MSFT (+1.13%) , LVMH$MC (-0.53%) , Allianz$ALV (-2.56%) are included in my savings plan

It’s not going quite as planned yet.

I’m curious to see how it goes ;)