This month I made some difficult but necessary decisions to continue optimizing my portfolio.

📉 Difficult goodbyes...

I sold $JMT (-4.22%) e $MAERSK A (-9.61%) to strengthen my position in $GMAB (-3.73%) e $ABEV3 . It was especially difficult to let go Maerskbecause the dividend is strong and the company has a solid base. I don't know if I did the right thing or the wrong thing, but sometimes you have to take the leap when you see opportunities.

📈 Results for the month:

• The smallest change in the portfolio was -0,46%while the highest was +7,26%.
• YTD we're currently at +8.95%a figure I consider extraordinary, especially seeing that my massive exit from the US was the right decision.
• I've seen people who were +8% this year and are now already negative at -2%which reinforces the importance of a well-defined strategy.

💰 New acquisitions and betting on crypto

In addition to the movements on the stock market, I decided to invest 100% of my available capital this month in cryptocurrencies. 🚀

✅ $BTC (+0.54%)
& $ETH (+1.04%) - The giants of the market, with solidity and growing adoption.

✅ $DOT (+0.07%) - I believe in the potential of their blockchain interoperability technology.

✅ $AVAX (-6.5%) - Strong scalability and fast transactions, a project that continues to grow.

✅ $NEAR (+1.33%) - Focused on usability and the development of decentralized apps.

💡 Why invest now?

I'm strengthening in crypto because I've seen my portfolio fall by more than half and I believe that this is a great opportunity right now.

The market is still far from its top and I see great potential for appreciation in the medium to long term.

💭 Convictions for the shares:

If I had to invest more this month in stocks, I'd add more to Ambev and Genmabas I see great upside potential.

How are your portfolios?

Review January/February

Let's take a look back at the last 2 months.

Scalable Wealth

My robo-advisor is doing very well so far this year, which is probably because it invests 10% in crypto. It is currently at +7.31% YTD. Like every month, the same amount always flows in here. Overall, the robo-advisor is now at +13,10%.

Crypto

I bought about 1700 $CRO (-0.11%) because I think the company is doing a good job, especially with regard to the scandal with Wirecard.

My crypto portfolio is up over +24% YTD. This is largely due to $INJ (+0.17%) . Bought in November and currently at about +160%

Shares

I bought my Commerzbank shares in January/February $CBK (-6.01%) and my $VUL (-7.54%) sold my shares. I still like Commerzbank, but I wanted to put the money into other companies. New additions are $MAERSK A (-9.61%) and $ZIM (-6.69%) . These are to be saved in the future with the help of a savings plan, but are not currently at the top of my list of priorities. My current priority is to build up my existing positions. My strategy has worked very well so far. Today in particular $DTG (-5.57%) Daimler Truck has been very convincing. I am currently up 41.62% with Daimler Truck.

My equity portfolio is at about +2.55% YTD

Further

As not only my investment is set to grow, but I personally would also like to grow, I will also write something briefly about this.

I have read 4 books so far this year. These include the book "The Richest Man in Babylon". So far, I have consistently achieved my goal of reading every day this year. I would be very happy to receive further book suggestions.

My studies are also progressing very well at the moment. I have already successfully completed the accounting, business administration and cost and performance accounting courses this year, even though it was very stressful, as I wrote the exam in cost and performance accounting just 2.5 weeks after the start of the course, for example. I am currently studying for the exam in financing and investment.

I'm also making progress professionally and have been able to improve there too. In a few days, I'll be starting my new job in marketing, which I'm really looking forward to.

How has your year been so far?

https://einzelaktien.com

Due to several attacks on merchant ships in the Red Sea, decides $MAERSK A (-9.61%) decided not to allow its container ships to sail through the area for the time being.

A Maersk ship was itself attacked, but was able to defend itself successfully.

The Huthi rebels in Yemensupported by Iranare responsible for such attacks, which aim to destroy ships on their way to Israel to Israel. Due to this danger, some shipping companies are diverting their ships around the Cape
of Good Hopeto avoid the Red Sea.

The Red Sea is considered an important trade route, but the insecurity caused by these attacks leads shipping companies to choose alternative routes.

This can include oil prices influence oil prices.

Fewer and fewer shipping companies are sailing through the Suez Canal. The reason for this is the attacks by the Huthi rebels. The price of oil and freight rates are already rising.

Is this fueling inflation again? The exploding freight rates were one of the main reasons for inflation. Can the shipping companies repeat their record year 2022?

Do you have any thoughts on this?

https://www.bbc.com/news/business-67748605

https://m.focus.de/finanzen/news/rebellen-greifen-frachter-an-droht-naechster-preisschock-schiffer-meiden-suezkanal_id_259506340.html

$MAERSK A (-9.61%)
$MAERSK B (-9.09%)

$HLAG (-7.03%)

$MSC

$600428

$MAERSK A (-9.61%)
$MAERSK B (-9.09%)
$AMKBY (-10.8%)

Has anyone here ever applied for the withholding tax refund from Denmark? I have applied for this in mid - late April but have not received anything back yet. No notification that an application has been received, no money, nothing. Does anyone have any experience? On google someone had written, he had only waited 4 weeks but much can not be found.

By the way, I needed a notice of tax residency in DE from the tax office and then they told me that I am now subject to income tax return because I own shares ... After 20 minutes on the phone with someone who was unfortunately not very competent, nothing has changed. Do I care then next year again drum that I am taken out of the duty hopefully again, for this year I do eh a..

$MAERSK A (-9.61%)
$HLAG (-7.03%)
$ZIM (-6.69%)
#container

A few weeks ago, there were some posts on the topic of shipping companies, mainly triggered by the partly nice or rather high special dividends 🤑

For all those who deal with shipping companies, perhaps a few facts about transshipment and the largest ports in the world are also interesting? Without container ports, global trade would grind to a halt!

When it comes to valuing and estimating the future development of the companies, the data of the ports or their estimates can also be a good indicator, or another source of information to check your own investment case.

Among the top 10 container ports, there are now 8 in China 😳. The "size" of a port is measured by its handling volume in standard containers, so-called TEU. These are Twenty-foot-Equivalent Units, an internationally standardized unit for throughput volume.

The container throughput worldwide will grow to almost one billion TEU by 2024 (Drewry estimate - see link below). (Drewry estimate - see link below). Asia in particular will grow strongly, according to shipping experts. Europe, the second largest region after Asia, will also benefit from the increase in transport volume, but not quite as strongly. Overall, all regions will record an "increase" in container throughput, including the Middle East, North and South America, as well as Africa and Australia with Oceania.

Throughput has been increasing worldwide for years. Compared to 2015 (index = 100), the container throughput index is 20 percent higher worldwide (120.2 in January 2023). It peaked in June 2022 at 126.4.

The current largest ports in the world (volume 2022) are as follows

1. shanghai 47.28 mio TEU

2. Singapore 37.29 mio TEU

3. ningbo-zhou 33.36 million TEU

4. shenzhen 30.04 mio TEU

5. qingdao 25.66 mio TEU

6. guangzhou 24.60 mio TEU

7. busan 22.07 mio TEU

8. tianjin 21.03 mio TEU

9: Los Angeles 19.04 million TEU

10th Hong Kong 16.64 mio TEU

11 Rotterdam 14.46 mio TEU

12: Dubai 13.97 million TEU

13 Antwerp 13.50 mio TEU

14: Port Klang 13.22 million TEU

15. xiamen 12.03 mio TEU

My conclusion: The increasing freight volumes should not be a disadvantage for the major shipping companies! Nevertheless, to date I am not invested in $MAERSK A (-9.61%)
$HLAG (-7.03%)
$ZIM (-6.69%) and Co. Many factors influence the freight rates and thus also the achievable returns. Container rates China-Europe were a few years ago still under 1000USD, these have increased in the Corona crisis by a multiple, now somewhat normalized again, but still very volatile. For me a little too incalculable. But, still remains an interesting area!

Sources:

Drewry - Maritime Research, Consulting and Financial Advisory Services

Online liner shipping solution - Alphaliner