Preface:

In the following, I would like to present how my portfolio has developed over the course of 2024.

This includes

1) my strategic orientation

2)Return on the portfolio.

The main topics are:

• Moving away from individual stocks
• Entry into gold and bitcoin
• Factor investing

Finally, I will give my own thoughts on how to proceed.

The main changes to my portfolio that have led

to my current strategy are presented below using a short timeline.

timeline:

My timeline

Beginning of 2024

At the beginning of the year, I pursued a 70/30 core satellite

strategy. The 70% ETF core again consisted of STOXX Europe.

MSCI World, Emerging Markets.

The 30% consisted of stocks such as: $CSIQ (+1,05 %) , $O (-0,41 %) ,$TSM (+1,83 %)
$ADM (-2,38 %)
$UMI (+0,2 %)
$D05 (+1,09 %)
$BMW (+4,25 %)
$UKW (+1,41 %)
$8031 (+2,18 %)
$MUV2 (+0,31 %)

February

Addition of gold to my portfolio. Target size 10%. Build-up in batches.

The remaining 70/30 strategy therefore only relates to the remaining

90%.

April-June:

Entry into Bitcoin via Trade Republic in several batches

at prices between 50k and 63k.

After exchange with @Epi to the fee schedule at Trade Republic

I sold them there in order to sell Bitcoin on a dedicated crypto exchange.

exchange.

June:

Thanks to @PowerWordChill I got to grips with factor investing. A Gerd Kommer book later, and after some internet research, I decided to

decided to transform my ETF strategy into a factor ETF strategy.

July-August 2024:

Sale of my shares. Concentration on the factor portfolio.

August - September 24:

Renewed build-up of Bitcoin with the aim of making Bitcoin a

a fixed component of the portfolio. Consideration is 5%-10%

of my portfolio.

The idea. Build up an initial position, then make regular

investments of €50 per week with the aim of growing to the target size

to grow to the target size. The rapid rise in October/November led me to

led me to leave it at €50 per week. And individual purchases in

larger tranches at an early stage with a portfolio size of 2.x%.

End of December 2024:

Position size of Bitcoin almost 5%.

I am not yet including Bitcoin in my gold/ETF quota. I'm still running it on the side.

I re-evaluated my factor weighting at the end of the year

and would like to fine-tune it a little. I will briefly present the result in the

following section.

In addition, I have decided to include a small

include a small proportion of real estate stocks. However, this will probably never

part of my strategy worth mentioning and contains - as of today - only

about 3% of my portfolio and only $O (-0,41 %) ).

Overall breakdown of my portfolio:

As described above, I do not yet include Bitcoin in my overall strategy

part of my overall strategy so that rebalancing remains easier. This will

change when Bitcoin reaches its target size.

The rest is made up as follows:

ETFs:

$XDEM (+0,28 %) 30.3% (MSCI World Momentum)

$XDEB (+0,17 %) 10.1% (MSCI World Minimum Volatility)

$XDEV (+0,8 %) 10.1% (MSCI World Value)

$ZPRV (+0,15 %) 15% (MSCI USA Small Cap Value Weighted)

$ZPRX (+0,81 %) 6.5% (MSCI Europe Small Cap Value Weighted)

$PEH (-0,3 %) 4.5% (as a quality factor on emerging markets)

$5MVL (-0,59 %) 4.5% (Edge MSCI EM Value)

$SPYX (-0,91 %) 9% (MSCI EM Small Cap)

Gold

$EWG2 (-1,67 %) 10% Gold ETC

Getquin Rewind and own data:

At the end of the post you will find my Getquin Rewind, as I was not able to embed the image in the text:

However, according to my own calculations, this cannot be correct.

My portfolio volume at the start of the year was around €103,500 with a return of €16,693. This would correspond to a total return of 19.2%. However, we are not yet talking about a time-weighted return, as my invested capital has roughly doubled over the course of the year. I therefore estimate my TTWROR to be higher.

My own thoughts and outlook:

I do not expect any major changes in strategy over the next few years. At some point, a strategy will have to be established. If necessary, I will make some adjustments to this strategy.

This includes the fact that I am dissatisfied with the costs of the emerging markets factor ETFs. So far, however, I intend to live with it. Should I

stumble across better products, I will consider switching. Especially as long as I stay within the tax allowance when switching.

I'll also have to decide how big my Bitcoin holding should ultimately be.

If you've been reading carefully, you'll notice that a lot of money has accumulated in the last year. Big profits, big investments. Due to personal circumstances, I will not maintain these rates in the same style, but will reduce them somewhat. I expect to be able to continue investing around 1.5-2k per month. This means that my financial goals are

with an expected return of 5% adjusted for inflation over many years.

I am half hoping for major setbacks in the near future and the associated favorable entries. However, in view of the impact that minor price jolts have had on society as a whole (thanks to populism), I don't really wish for them.

Do you have any suggestions, questions or comments? Is there anything that particularly interests you?

I am also happy to receive suggestions for improvement for future posts.

Best regards,

Your Smurf

PS: @DonkeyInvestor and me, that's love ❤. And now send me your coins! (So I can reward your next post appropriately).

PPS: I hope someone is interested.

Earnings next week 🗓️

$ZS (-0,44 %)

$CRM (+0,92 %)

$OKTA (+0,08 %)

$LULU (+1,64 %)

$MRVL (-3,46 %)

$CHWY (-2,47 %)

$PATH (-0,55 %)

$ULTA (-1,34 %)

$S (-0,81 %)

$FL (+0,72 %)

$DOCU (+0,85 %)

$DLTR (+0,19 %)

$GTLB (+1,85 %)

$HPE (-0,18 %)

$IOT

$DG (+1,2 %)

$CRDO

$PSTG (-0,59 %)

$VEEV (+0,5 %)

$AEO

$BOX (-0,51 %)

$FIVE (-0,14 %)

$TD (-0,32 %)

$CURV

$BNS (-0,59 %)

$SNPS (+1,24 %)

$RY (-0,48 %)

$CNM

$ASAN (-0,88 %)

$WOOF (+4,98 %)

$BBW (+3,13 %)

$DCI

$CHPT (+0 %)

$BASE (+0 %)

$VSCO (+2,04 %)

$CSIQ (+1,05 %)

$THO (+1,03 %)

$GWRE (+0,11 %)

$SIG (+0,53 %)

$CBRL (-3,7 %)

$COO

$CPB (-0,53 %)

$BMO (-0,09 %)

$DSGT

$DOO (-0,24 %)

$CAL

$SMAR

$REX (+0 %)

$PVH (+1,72 %)

$PEAK (+0,34 %)

Two shares in short check: ⬇️

The first company we are talking about is Canadian Solar. ☀️ $CSIQ (+1,05 %)

What is Canadian Solar and what does it do?

Canadian Solar is a solar energy and battery company. The company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. The company designs, develops and manufactures solar ingots, wafers, cells, modules and solar power products.

Canadian Solar segments:

Its segments include CSI Solar and Global Energy.

The CSI Solar segment primarily involves the design, development, manufacture, and sale of a range of solar energy products, including solar modules, solar system kits, battery storage solutions, power, and other materials, components, and services. The Global Energy segment consists of global solar and energy storage projects, operations and maintenance services and asset management, power, and other development services. The company's products include a range of solar modules for use in residential, commercial, and industrial solar power systems.

How many employees does the company have: 🙋🏽‍♂️🙋🏻‍♀️

Currently, Canadian Solar employs a total of approximately 13,500 people.

P/E RATIO:

Canadian Solar is valued at a P/E ratio of approximately 12.60.

Foundation: 🏦

Canadian Solar was founded in 2001.

Market capitalization: 💰

Currently, the company has a market capitalization of around €2.1 billion.

Dividend yield:

The company does not yet pay dividends to its shareholders.

Strengths of the share: 📈

• The company usually announces numbers that are above analyst consensus and with percentages that generally surprise on the upside.
• For the past year, analysts have regularly revised their revenue expectations for the company upward.
• The company has an attractive valuation when looking at the multiple of the company's earnings. With a P/E ratio of 13, the company is among the lowest valued in the market.
• Analysts predict strong growth in business activity. This is expected to continue for several years.

Weaknesses of the share: 📉

• The estimates of analysts following the company drift widely. The difference between estimates suggests either a difficulty in predicting results or a fundamental difference in interpretation on the part of analysts.
• The company does not pay a dividend to its shareholders, this is where other companies in the industry are ahead of the company as it is more attractive to many shareholders

How does the stock look chart-wise? (USD converted into euros) 📈📉

Currently, the share price is just under 33.50€. Here we have recently bounced 2 times at the support zone at just under 32.50€ and the bears could not break through this support zone. If this zone is approached again and the bears break through this zone, there would be a lot of room at the bottom and the next support would be at 26.80€.

Currently, the first resistance is at 34.50€. This must be overcome so that the share can continue to rise. The next resistance would be at 36.50€. If this is also sustainably overcome, we have the next thick resistance at just under €40. There it would be very exciting, because the price did not get through there several times.

The second company we are looking at is Beyond Meat: ⬇️ $BYND (+0,34 %)

What is and does Beyond Meat: 🤔

Beyond Meat is a food company that offers plant-based meats. The company's product offerings include Beyond Burger, Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Breakfast Sausage Patties, Beyond Breakfast Sausage Links, Beyond Beef Crumbles and Beyond Italian Sausage Crumbles. The company markets a range of plant-based products across its three main meat platforms of beef, pork and poultry. The company's products are available in approximately 122,000 retail and foodservice outlets in grocery stores, merchandisers, clubs, convenience stores and natural food stores, as well as other food-away-from-home channels, including restaurants, foodservice outlets and schools. The company also offers its products through an e-commerce website.

How many employees does the company have: 🙋🏽‍♂️🙋🏻‍♀️

Currently, Beyond Meat has a total of around 1400 employees.

Foundation: 🏦

Beyond Meat was founded in 2009.

Market capitalization: 💰

Currently, the company has a market capitalization of around 930 million euros.

Dividend yield:

The company also does not pay dividends to its shareholders yet.

Strengths of the share: 📈

• The company has very well-known customers.

Weaknesses of the share: 📉

• The price targets of the analysts included differ considerably. This indicates different assessments and/or difficulties in valuing the company.
• As a percentage of sales and excluding provisions and depreciation, the company has relatively low margins.
• The company shows insufficient profitability.
• With a high level of net debt and relatively low EBITDA, the company has a weak financial situation.

How does the share look from a chart perspective? (USD converted to euros) 📈📉

Currently, the price here is about 14.30€. We recently had an important support zone here at €14.50, which is currently slightly undercut. If we do not come the share slowly back over here, the target would be the first support zone at 13.60 €. If this does not hold either, there is a lot of room to the downside. The next support would be at 10.50 €. If the share wins back the support zone at 14.50€, the first resistance would be at just under 15.80€. If this resistance is sustainably taken out, the next target is the resistance at 17.60€. After this mark, the resistance zone at 18.80€ is very important, as it was approached several times, but then the share was sold off directly.

My opinion:

As always, I find both stocks very very exciting. I couldn't say now which one would interest me more, as I find both segments extremely exciting. I will now continue to look at my mentioned zones and possibly enter in the short or long term. 👍🏽

Depending on that possibly also with leverage.

Your opinion:

Now, of course, I would like to hear your opinions again in the comments about these two stocks.

What do you think of Canadian Solar and Beyond Meat and did you already know these companies? 🤔

Do you guys have one or both of these stocks maybe already in your portfolio?

Feel free to let me know in the comments.

This is of course not investment advice but just my own opinion that I want to share with you!

getquin Daily Summary 18.08.2022

Hello getquin,

today is about Rheinmetall, Chile's GDP and Chinese automakers. The quarterly figures are about Adyen!

Europe🌍:

1st Rheinmetall chief has first interested parties for around 500 Panther main battle tanks

Following the surprise unveiling of the new "Panther" main battle tank in June, Rheinmetall CEO Armin Papperger is now noting high demand. "By 2030, around 1000 of the 8000 main battle tanks in Europe will be replaced. We intend to supply at least half of these, or around 500, with the new Panther," said Armin Papperger. So far, he said, the model has been offered to representatives from more than 20 nations.

Click here for the company's plans: https://bit.ly/3K32yJc

🟥 $RHM (-4,06 %) (🔽 -1,31%)

America🌏:

2. Chile's GDP growth is below estimates

Chile's economy grew 5.4% in the second quarter of 2022 from a year earlier, central bank data showed Thursday. Growth was driven by the services sector but was below expectations of economists polled by Reuters, who had expected a 5.7% increase.

The central bank said in a report that data varied across sectors. Personal care and transportation drove growth in the services sector, while mining and agriculture declined on an annual basis.

Read more here: https://reut.rs/3A45IrG

Asia🌏:

3rd Chinese automakers aim to conquer Europe

Two major Chinese automakers have now announced their entry into the German market: BYD and Great Wall Motor will launch their first electric cars on the German market in early 2023. The prices are a fighting declaration, the technical specifications are impressive. Models like BYD's Seal can be had in China for as little as 32,000 euros.

The largest Chinese manufacturer of electric vehicles, BYD, will explain its European strategy for two days starting Monday in The Hague. The automobiles are probably just the beginning. According to Ralf Gaydoul, a partner at management consultancy Horváth, the first Chinese manufacturer could set up its own plant in Europe, if not Germany, in three years.

Into the depot or the garage? https://bit.ly/3dHoePf

🟥 $1211 (-1,48 %) (🔽 -1,55%)

🟥 $2333 (+1,54 %) (🔽 -4,34%)

Quarterly figures:

🚖 Adyen $ADYEN (+1,72 %)

Shares in Adyen slumped 11.1 percent. The Dutch payment service provider had performed worse than expected in the first half of the year. The company missed analysts' expectations in several aspects at once. Operating profit was even below the figure in the second half of 2021.

Quarterly revenue (Q1+Q2): 🟥 €608.5 million published; variance: €-79.5 million.

Source: https://bit.ly/3A3fJpe

Stocks of the day:

🟩 TOP $CSIQ (+1,05 %) 46,34 (🔼 +19,05%)

➡️ Canadian manufacturer of solar modules

👍 Unknown

🟥 FLOP $TXG (-0,69 %) 38,47 € (🔽 -8,49%)

➡️ Medical research

👎 Published report

🟥 Most searched $BBBY 17,21 € (🔽-7,02%)

🟥 Most traded $BBBY 17,21 € (🔽-7,02%)

🟩 S&P500, 4,276.73 (🔼 +0.051%)

🟩 DAX, 13,672.73 (🔼 +0.34%)

🟩 bitcoin ₿, 23,130.80 (🔼 +0.87%)

Time: 16:45 CEST

Fun Fact:

In iPhone commercials, the time is always 9:41am or 9:42am because Apple events start at 9am and big product reveals usually happen 40 minutes after the event starts!

Individual purchase + savings plan increase

Evening all,

am new on Getquin, here is my portfolio and my performance for the last year and a half, what is your opinion of the portfolio?

My return is 86% TTWRR.

My biggest positions

$CSIQ (+1,05 %)
$LTHM
$MSFT (-0,2 %)
$JKS (+4,37 %)
$MED (+1,05 %)
$KO (+1,04 %)
$FCX (-2,23 %)
$AIR (+1,26 %)
$VLA (-2,91 %)

Bought under false pretenses, once wanted China Solar and once independent, but are partly Chinese. Poorly researched and therefore off for it

+ CT looks bad

In consequence briefly the expectation against my largest positions

actually for me, but thought if grad someone looking for inspiration I post it here.

No whole analysis, only stocks, no ETFs.

Amadeus Fire $AAD (+2,88 %)

Staffing services more in demand after Corona, target raised -.

GFN in particular the growth driver -

Still not a focus stock, upside remains -.

CT: beautiful.

No stop

Canadian Solar $L5A (+1,05 %)

Figures no surprise+ Market position unchanged -

Long-term outlook still too conservative -

Fluctuates with other E s, only long term -.

CT: 1yr support at 32- 36 $

No stop, notification at 31$, decide after news

Xinyi Solar $13X (+1,96 %)

Coverage still catastrophic -

Good numbers due to China advantage but point 1 depresses price -

Price advantage prevails, solar farms coming slowly, growth stock at value price -

CT: rather positive, but irrelevant because of China

no stop

Siemens Energy $ENR (+1,98 %)

Gamesa drags down with it, otherwise ok, market position further strengthened -

Future stock with Siemens advantages -

CT: looks like flag, last TP at 18.38

Stop at 18 Euro

Porsche $POAHY (+3,01 %) (caution emotions)

smaller portfolio purchases (irrelevant) -

VW continues to have problems in USA -

semiconductor shortage difficult to estimate, therefore momentum gone -

CT: difficult. below 198 would be briefly painful but because of overall market picture rather long

no stop :D

Alibaba $AHLA (-0,15 %)

Only China business. Risk not properly assessed at time of purchase -

Numbers say long, everything else short -

CT: well. Shit just.

Sellongoodnews

AirBNB $6Z1 (+0,38 %)

Pro : Business model in hype and therefore share in focus -.

Cons : Risk Corona, 2022 KUV of 16. that is a lot -

Switch to booking.com?

CT: possibly emerging double bottom at 130

no stop

Conclusion:

Keep an eye on Alibaba news,

to booking.com etc. inform for change of Airbnb because the numbers can not be so good that there is still incredibly much to get, at some point the fair valuation always comes.