BREAKING NEWS: $SOFI (+1.24%) - The Biden administration has withdrawn its plan to forgive student loan debt for some 38 million Americans.

This should finally put it off the table.

To put it in perspective, although the Supreme Court had already ruled it unconstitutional, borrowers were once again to be exempt from paying interest on regular payments, receive US$10,000 debt forgiveness and not have to repay the loan at all below certain income limits. This new plan/attempt has now been dropped, resulting in $SOFI (+1.24%) has led to a lack of income during Corona.

Who $SOFI (+1.24%) do not yet know, please take a look:

https://getqu.in/M3ToeR/

🎅🎄🌲🚀

$JPM (+1.21%) , $MS (+1.17%) , $BAC (+1.1%) , $C (+0.59%) , $WFC (+1.26%)

Focused on growth: savings plan execution in the dividend growth portfolio

Five savings plans of € 25 each were executed today as part of my dividend growth portfolio.

• $BAC (+1.1%)
• 
  $CNR (+0.4%)
• 
  $KO (-0.4%)
• 
  $MA (-0.34%)
• 
  $MSFT (-1.05%)

This selection represents a mix of proven dividend payers and growth companies operating in different sectors. With a clear focus on long-term capital appreciation and dividend growth, each savings plan forms a building block for stable, passive income and sustainable asset growth.

Which savings plans did you execute this month?

Feedback - Dividend growth portfolio

Hello everyone, I have recently built up a dividend growth portfolio.

It should consist of 5 shares and these should have a low dividend yield, whereby the dividend growth should be all the higher.

I have decided on the following 5 stocks, but I am prepared to change them.

• $BAC (+1.1%)
• 
  $CNR (+0.4%)
• 
  $KO (-0.4%)
• 
  $MA (-0.34%)
• 
  $MSFT (-1.05%)

Coca Cola probably doesn't seem to be the right candidate for the portfolio or am I wrong here?

What do you think of the portfolio? Weighting? Sectors, countries?

American Express
$AXP (+0.33%) has secured its place as the second largest holding in the portfolio of Warren Buffett and Berkshire Hathaway $BRK.B (+0.07%) and thus secured Bank of America
$BAC (+1.1%) from second place.

Warren Buffett and Berkshire Hathaway $BRK.B (+0.07%) currently hold Apple shares
$AAPL (+1.34%) worth about 69,9 billion US dollars (as at the end of the 3rd quarter), compared with a previous value of 84,0 billion US dollars.

The cash position at the end of the third quarter amounted to 325,2 billion US dollars, a new all-time high, up from 276,9 billion US dollars at the end of the second quarter.

The Apple share rose by 10.75 % in the third quarter.

If Buffett had not sold any Apple shares during the quarter, his position would now be around 93,3 billion US dollars.

At the end of the third quarter, the largest equity holdings Warren Buffett and Berkshire Hathaway were as follows:

-25,7 % - Apple
$AAPL (+1.34%)(compared to 29.6% at the end of Q2)

-15,1 % - American Express
$AXP (+0.33%)

-11,7 % - Bank of America
$BAC (+1.1%)

-10,6 % - Coca-Cola $KO (-0.4%)

-6,4 % - Chevron
$CVX (+0.4%)

Photo: Bloomberg

Another great picture of Quartr

$MA (-0.34%)
$V (-0.14%)
$JPM (+1.21%)
$BAC (+1.1%)
$GOOGL (+0.94%)
$AAPL (+1.34%)

As every Sunday, the most important news from the past week, as well as the dates for the coming week.

Also as a video:

https://youtube.com/shorts/oVP-1JUmKxg?si=rCpJC26z5ARnLel1

Sunday:

Further deflationary pressure in China 🇨🇳. Inflation is at 0.4%. Producer prices are even falling.

https://www.handelsblatt.com/politik/konjunktur/china-deflationsdruck-nimmt-im-september-zu-verbraucherinflation-kuehlt-ab/100078670.html

Monday:

$FRA (+5.53%) Fraport will probably take over Kalamata Airport, as the operator of Frankfurt Airport is the only bidder. Fraport is paying 1.24 billion euros for the 40-year concession.

https://www.handelsblatt.com/unternehmen/dienstleister/griechenland-fraport-gibt-einziges-gebot-fuer-den-flughafen-kalamata-ab/100078535.html

Tuesday:

Good news from the ZEW economic survey, which is forecasting an upturn. In October, the barometer rose by 9.5 points to 13.1 points after 3 consecutive declines.

https://www.faz.net/aktuell/wirtschaft/mehr-wirtschaft/deutschlands-konjunktur-zew-prognostiziert-ersten-anstieg-110047697.html

$GS (+1.09%) Goldman Sachs was able to increase its profit significantly by 45%. Above all, it was able to achieve significantly higher profits in equity trading. Also $BAC (+1.1%) Bank of America and $C (+0.59%) Citigroup also benefited from a better trading business. The new interest rate environment is making itself felt here.

https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/us-banken-goldman-sachs-steigert-gewinn-um-45-prozent/100079278.html

Thursday:

The ECB cuts the key interest rate again. Once again, the key interest rate is lowered by 25 basis points. The deposit rate is now 3.25%. This makes loans even cheaper. The inflation rate was also revised downwards again today to 1.7%.

https://www.wiwo.de/politik/konjunktur/ezb-entscheid-ezb-senkt-erneut-den-leitzins/30043474.html

Friday:

In August 2024, the EU again achieved a current account surplus. At 31 billion euros, this was slightly less than the 41 billion euros in the previous month. The forecast was around 42.5 billion euros.

https://www.ecb.europa.eu/press/stats/bop/2024/html/ecb.bp241018~016a3487ba.en.html

Most important dates in the coming week:

Wednesday: 15:45 Interest rate decision (Canada)

Thursday: 9:30 Purchasing Managers' Index (DE)

Friday: 10:00 ifo Business Climate (DE)

What other important dates can you think of?

#zinssatzentscheidung
#kanada
#ifo
#sandp