A lot has happened in my portfolio again in recent weeks. In addition to a few sales (including $GOOGL (+0.02%) and $NVDA (+0.32%)) from hot sectors, I have built up cash and diversified further ($CMG (-0.75%)
$SNPS, (-3.14%)
$BRO (-0.71%)
$AMGN (-2.02%)
$LSEG (+0%)). Further acquisitions and new entries (e.g. $INTU (-2.35%)
$ADP (-1.43%)
$WM (-1.07%)
$CTAS (-1.59%)
$RMS (-0.62%)) are planned. As short- to medium-term trades, I have invested in $Adobe (-3.55%) and $TTD (-0.23%) as short to medium-term trades. I mainly invest for the long term, but a correction (technology, cloud) including sector rotation (consumer, pharma, software) seems inevitable to me. I am therefore taking a wait-and-see approach and, if necessary, I will reenter $GOOGL (+0.02%) and $NVDA (+0.32%) again at the appropriate time.

Please let me know what you think.

I will probably share future updates with you every two months at the beginning of the month (November, January,...).

I wish you all a successful time.

Hello my dears, @Klein-Anleger1

after the great performance in the previous months

August was unfortunately not so successful.

But September is going well again so far. And so I am YTD with + 5.04 % better than the

NASDAQ 100 + 0.16% World+ 1.14 %.

Reasons for the underperformance in August are earnings at my large position GFT and negative news at Defi Technologie.

The tariffs weighed on Embraer, and the correction in defense weighed on Kitron and AeroVironment.

Vertex's earnings were also the fly in the ointment.

Negative position: (month of August)

Defi Technology - 25.61%. $DEFI (+8.04%)

Innodata - 23.64%. $INOD (+2.42%)

Tokyo Electron - 20.95%. $8035 (+3.76%)

Vertex. - 16,38% $VRTX (+0.31%)

Aixtron. -15,53%. $AIXA (+0.68%)

Transdigm. -15,13%. $TDG (-1.7%)

Vertiv. -14,72%. $VRT (-0.58%)

Coinbase. -13,01%. $COIN (+0.07%)

AeroVironment. -11,91%. $AVAV (-0.26%)

Kitron. -7,79%. $KIT (+0.23%)

Microsoft. -7,64%. $MSFT (+1.74%)

Embraer. -4,75%. $ERJ (-2.2%)

Nvidia. -4,33%. $NVDA (+0.32%)

GFT Technology -3.67%. $GFT (+1.59%)

With so many negative positions, I am glad that I got off lightly due to my positive positions.

Plus positions: (month of August)

Gilat Satellite. +22,14%. $GILT (-1.86%)

Applovin. +18,69%. $APP (+1.71%)

NU Holdings +17.88%. $NU (+0.83%)

SoFi. +12,24%. $SOFI (+2.08%)

Alphabet. +8,95%. $GOOGL (+0.02%)

Fortescue. +8,90%. $FSUGY (-0.93%)

This consists of dividend shareswhose distributions are automatically reinvested.

In addition to my ETFs (MSCI World, Nasdaq), I would like to use this approach a little more return deliberately with slightly higher risk.

Diversification is the key for me: ETFs for the broad base, dividends for the extra boost.

$MAIN (-0.28%)

$BRK.B (-0.56%)

$MSFT (+1.74%)

$GOOGL (+0.02%)

$RKLB (+9.22%)

$FRE (-0.49%)

$HIMS (+6.6%)

$NOVO B (+0.98%)

$RR. (+1.22%)

$MC (+0.59%)

$GOOGL (+0.02%) stocked up at the ATH. I think we will see the 300$ by December at the latest. The multiple will probably move towards 25-30 🥳📈

I think it's still a great investment in the long term 🫡

Hey everyone, I have a question for you. I have achieved a return of 55% with alphabet. Would you take partial profits from the return and then invest them in other attractive stocks or let them continue?

#alphabet
$GOOGL (+0.02%)

Trump recently organized a big dinner with the most important minds from the tech world, which caused quite a stir worldwide. It was particularly striking that all the guests gave a kind of acceptance speech to Trump, which was a bit reminiscent of the GDR and the like.

Although I'm actually still quite sympathetic to Trump (he's at least not half as embarrassing as most European heads of government), I still find it a bit strange. It does seem a bit like a staged soap opera.

I mean, it's clear that as a serious businessman you exchange formal courtesies on such an occasion and don't go completely crazy and start insulting the president or something. So it's not entirely funny. But I also kind of wonder who came up with the idea that everyone should say a few words in turn? I mean, they can't help but say something nice. Still, it's kind of a funny picture howt Bill Gates has to attest to Trump's "great leadership".

Among others also present were Sam Altman ($AMD (+1.66%) ) Lisa Su ($AAPL (+1.9%) ) Tim Cook ($ORCL (-4.69%) ) Safra Catz and ( $MU (+4.63%) ) Sanjay Mehrotra

But more important than who was there is actually who was missing. The press noted with great satisfaction that ($TSLA (+7.29%) ) Elon Musk was not there and speculated that he had not even been invited - which Musk has already denied. ($NVDA (+0.32%) ) Jensen Huang and ($AMZN (-0.74%) ) Andy Jassy were also not on site.

Trump is definitely seeking proximity to the tech industry. The behavior of ($META (+0.41%) ) Mark Zuckerbergwho took the place of honor to Trump's right, but actually seemed frightened rather than confident. Another important moment was a brief conversation between Trump and ($GOOG (+0%)
$GOOGL (+0.02%) ) Sundar Pichai regarding a federal judge's ruling this week in an antitrust case involving Google's monopoly on search. The judge handed down a lenient sentence and rejected the demands for harsh penalties. The company thus escaped being broken up.

"You had a very good day yesterday," said Trump. "Do you want to talk about that great day you had yesterday?" He was glad it was over, Pichai replied. "Biden was the one who pushed this lawsuit,"Trump said. "You know that, right?"

So Trump is pursuing a Bismarckian carrot and stick policy with the tech CEOs. Those who get in line get help from the state, those who step out of line are reprimanded.

From my side, congratulations to the shareholders of $GOOGL (+0.02%) / $GOOG (+0%) I am happy for you. And I have to admit this quite transparently: I was wrong.

I never thought that they could get away with the search engine monopoly - which they have - without any real penalties. That really is a huge relief. It was predictable that the EU would once again act in a completely haphazard manner. The EU is the king of lions when it comes to bullying its own citizens, but when the big trading partners put their foot down, it's just the lion from the Wizard of Oz looking for his courage.

So all in all, it's just a slap on the wrist and quite rightly leads to a huge rise in the share price - which I unfortunately missed. At the moment, only the so-called "ad tech lawsuit" is still open, but the stars are aligned at the moment. At the moment, the USA does not seem to be making any great efforts to regulate its own economy. Good news perhaps for shareholders in other companies against which DOJ proceedings are currently underway - but certainly for the tech industry.

I do not expect any major setbacks for Alphabet in the short term, but at the moment I am actually so bullish that I would even seriously consider opening an initial position here if the market dips.