Sooo I started this week too. Traditionally, there was a small rebalancing at the start of the year. Nintendo is no longer my biggest single position. In the meantime it actually is $COST (-3.7%) . Likewise $PEP (-1.81%) was reduced somewhat. Nothing new has been added.

If I haven't miscalculated, the last tax-free shares in Nintendo are gone. Everything that is still in the portfolio is from 2012 and 2014. $VOW3 (-4.37%) but that's a small part of just under 8k that I'm leaving behind.

Pepsi was sold at a slight loss so also tax-free. I simply chose too large a position at the time.

A total of around 20k was freed up. Existing positions were increased with the money, namely $SOLB (-3.56%)
$FMC (-8.19%)
$JNJ (-3.01%) and $RACE (-3.06%) another 2k was put into my core $VWRL (-4.62%) was put into my core.

The year is drawing to a close. That's why I'm looking at my portfolio again today as a kind of year-end wrap-up. On Monday, another €1000 will be invested in the Community Depot. Nothing else is actually planned.

The reorganization in the main portfolio is largely complete and I am not yet 100% satisfied with the position sizes. Some fine-tuning is still required. In the case of dips, I will probably add to one or two positions.

Still under construction are $FMC (-8.19%)
$SOLB (-3.56%) and $SHEL (-7.19%)

$MAIN (-6.56%)
$O (-2.42%) dividends will continue to be reinvested.

$DTE (-4.46%) will also be kept and increased again at some point. $KO (-3.58%) It's an on-off position for me, I'm actually Team Pepsi, but every time I think the price is right, I buy again.

Everything is going according to plan in the savings plan portfolio. I'm currently putting around €600 per month into it. That's income from my part-time farm. There's enough money in the account in case something breaks down and all the machines are fairly new anyway. A maximum of 10 years old. In other words, they should normally last for the next 20 years. Ok, I still have my old Case 644 from 1968, but it's broken less over the year than the 3-year-old Steyr 😀

Cash reserve for subsequent purchases is about 190k, which is currently at 3.5% interest at the Volksbank.

My company's year-end bonus is probably around 30k, which will go into an ETF in January I'm still thinking about whether Nasdaq, World or dividends.

So and now a few happy holidays to all

Small additional purchase. Position now actually full for the time being. Should it fall another 8%, another tranche will be bought.

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- DEUTSCHE BANK RESEARCH raises its price target for BMW from EUR 90 to EUR 95. Buy. $DBK (-10%)

- BERNSTEIN raises the price target for QUALCOMM from USD 200 to USD 215. Outperform. $QCOM (-7.67%)

- UBS raises the price target for LYFT from USD 13 to USD 18. Neutral. $LYFT (-4.64%)

- BARCLAYS raises the price target for SIEMENS HEALTH from EUR 60.50 to EUR 62.50. Overweight. $SHL (-5.55%)

- WARBURG RESEARCH raises the price target for KONTRON from EUR 28 to EUR 28.40. Buy. $KTN (-8.56%)

- UBS upgrades KINGSPAN GROUP from Neutral to Buy. Target price 90 EUR. $KRX (-6.82%)

- WARBURG RESEARCH raises the price target for ZEAL NETWORK from EUR 59 to EUR 64. Buy. $TIMA (-9.58%)

- GOLDMAN raises the price target for VONOVIA from EUR 42.70 to EUR 43.70. Buy. $VNA (-2.32%)

- BARCLAYS raises the price target for AHOLD DELHAIZE from EUR 30 to EUR 31. Equal-Weight. $AD (-2.31%)

- BARCLAYS raises the target price for FMC from EUR 38.50 to EUR 39. Equal-Weight. $FMC (-8.19%)

- JPMORGAN raises the target price for COMMERZBANK from EUR 18 to EUR 18.40. Overweight. $CBK (-6.01%)

- JPMORGAN raises the target price for PUMA SE from EUR 40 to EUR 44. Neutral. $PUM (-2.41%)

- JPMORGAN raises the target price for JUST EAT TAKEAWAY from GBP 13.96 to GBP 14.15. Overweight. $TKWY (-1.68%)

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- JEFFERIES downgrades PALANTIR from Hold to Underperform. Target price USD 28. $PLTR (-11.65%)

- DEUTSCHE BANK RESEARCH lowers the price target for NOVO NORDISK from DKK 1100 to DKK 1000. Buy. $NOVO B (-6.66%)

- RBC lowers the price target for NIKE from 82 USD to 80 USD. Sector Perform. $NKE (+3.05%)

- ODDO BHF downgrades ASM INTERNATIONAL to Outperform. Target price EUR 960. $ASM (-4.46%)

- KEPLER CHEUVREUX downgrades HENSOLDT from Buy to Hold. Target price EUR 34. $HAG (-12.95%)

- DEUTSCHE BANK RESEARCH lowers the price target for ZALANDO from EUR 40 to EUR 36. Buy. $ZAL (-7.88%)

- DEUTSCHE BANK RESEARCH lowers the price target for VESTAS from DKK 165 to DKK 150. Hold. $VWS (-10.01%)

- BOFA downgrades SIEMENS ENERGY from Buy to Neutral. Target price EUR 40. $ENR (-9.65%)

- METZLER lowers the price target for VONOVIA from EUR 28.50 to EUR 28. Sell. $VNA (-2.32%)

- BARCLAYS lowers the price target for TEAMVIEWER from EUR 18 to EUR 15.50. Overweight. $TMV (-2.63%)

- WARBURG RESEARCH lowers the price target for KLÖCKNER & CO from EUR 6 to EUR 5.70. Buy. $KCOB

- HAUCK AUFHÄUSER IB lowers the target price for NORMA GROUP from EUR 32 to EUR 27. Buy. $NOEJ (-12.21%)

- WARBURG downgrades EDAG ENGINEERING from Buy to Hold and lowers target price from EUR 13 to EUR 9.50. $ED4 (-0.76%)

- LBBW lowers the price target for ALLGEIER from EUR 24 to EUR 20. Buy. $AEIA

- BARCLAYS lowers the price target for HENKEL from EUR 79 to EUR 77. Equal-Weight. $HEN (-3.1%)

- BERENBERG lowers the price target for KRONES from EUR 157 to EUR 154. Buy. $KRN (-10.28%)

As already announced and questioned.

Yes 4 sales this week. Unfortunately or Sell in May and ....

Instead of Stop Loos I have entered 4 limits.

So I am parting with 2 positions where it would have been time for years, one before dividends and position 4 after buy and hold 😜

So to $FMC (-8.19%)

Hyped stocks in stock market newspapers, Dividenstar, operator clinics and participation in research, etc.

As well as DAX, Vogue etc. Also top buy hold and earn

Yes, a lot of theory, in practice 50% sunk, dividends cut to zero, but I remain loyal to the stock markets and individual stocks, as more return and the fever to lose or win

😜